New Best Wire Industrial Co's quarterly market cap
increased
from Sep. 2023 (NT$4,456 Mil) to Dec. 2023 (NT$4,670 Mil) but then
declined
from Dec. 2023 (NT$4,670 Mil) to Mar. 2024 (NT$4,536 Mil).
New Best Wire Industrial Co's annual market cap
declined
from Dec. 2021 (NT$5,177 Mil) to Dec. 2022 (NT$4,696 Mil) and
declined
from Dec. 2022 (NT$4,696 Mil) to Dec. 2023 (NT$4,670 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. New Best Wire Industrial Co's Enterprise Value for Today is NT$6,472 Mil.
New Best Wire Industrial Co Market Cap Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of New Best Wire Industrial Co's Market Cap
For the Electrical Equipment & Parts subindustry, New Best Wire Industrial Co's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
New Best Wire Industrial Co's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, New Best Wire Industrial Co's Market Cap distribution charts can be found below:
* The bar in red indicates where New Best Wire Industrial Co's Market Cap falls into.
New Best Wire Industrial Co Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
New Best Wire Industrial Co (ROCO:5013) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
New Best Wire Industrial Co Market Cap Related Terms
Thank you for viewing the detailed overview of New Best Wire Industrial Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
New Best Wire Industrial Co (ROCO:5013) Business Description
New Best Wire Industrial Co Ltd engages in wire and electro-polishing (EP) Stainless Steel Pipe businesses in Taiwan. Its wire business provides stainless, carbon, & wire alloy steel, wires electrolytic polishing tubes and others. Its wire products are used for cold heading, cold forging, & hardware use, automobile components, semiconductors, biological products, tools, chemical products, food industry and others.
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