MEFIC REIT (SAU:4346) Market Cap : ﷼331.21 Mil (As of Jun. 19, 2024)

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What is MEFIC REIT Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). MEFIC REIT's share price for the quarter that ended in Jun. 2023 was ﷼5.18. MEFIC REIT's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 73.28 Mil. Therefore, MEFIC REIT's market cap for the quarter that ended in Jun. 2023 was ﷼379.57 Mil.

MEFIC REIT's quarterly market cap declined from Jun. 2022 (﷼441.13 Mil) to Dec. 2022 (﷼349.53 Mil) but then increased from Dec. 2022 (﷼349.53 Mil) to Jun. 2023 (﷼379.57 Mil).

MEFIC REIT's annual market cap increased from Dec. 2020 (﷼0.00 Mil) to Dec. 2021 (﷼529.06 Mil) but then declined from Dec. 2021 (﷼529.06 Mil) to Dec. 2022 (﷼349.53 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. MEFIC REIT's Enterprise Value for Today is ﷼779.49 Mil.

MEFIC REIT Market Cap Historical Data

The historical data trend for MEFIC REIT's Market Cap can be seen below:

* 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.

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MEFIC REIT Market Cap Chart

MEFIC REIT Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Market Cap

529.06

349.53

MEFIC REIT Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Market Cap	Get a 7-Day Free Trial					-	529.06	441.13	349.53	379.57

Competitive Comparison of MEFIC REIT's Market Cap

For the REIT - Diversified subindustry, MEFIC REIT'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.

MEFIC REIT's Market Cap Distribution in the REITs Industry

For the REITs industry and Real Estate sector, MEFIC REIT's Market Cap distribution charts can be found below:

* The bar in red indicates where MEFIC REIT's Market Cap falls into.

MEFIC REIT 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.

MEFIC REIT's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as

Market Cap (A: Dec. 2022 )	=	Share Price (A: Dec. 2022 )	*	Shares Outstanding (EOP) (A: Dec. 2022 )
	=	﷼4.77	*	73.2768
	=	﷼349.53

MEFIC REIT's Market Cap for the quarter that ended in Jun. 2023 is calculated as

Market Cap (Q: Jun. 2023 )	=	Share Price (Q: Jun. 2023 )	*	Shares Outstanding (EOP) (Q: Jun. 2023 )
	=	﷼5.18	*	73.2768
	=	﷼379.57

MEFIC REIT (SAU:4346) 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.

MEFIC REIT Market Cap Related Terms

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MEFIC REIT (SAU:4346) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » MEFIC REIT (SAU:4346) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

7702 King Fahad Road, MEFIC Tower, 7th floor, Riyadh, SAU, 12333

Website

https://www.mefic.com.sa

MEFIC REIT is a real estate investment fund. The Fund's primary investment objective is to provide its unitholders with regular income by investing in income-generating properties assets located in Saudi Arabia and the Gulf countries. The Fund generally seeks to acquire or invest in hotel, commercial, administrative, office towers, and/or logistic, residential and/or mixed-use income-generating real estate assets.

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