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). Steelcase's share price for the quarter that ended in Feb. 2024 was $13.74. Steelcase's Shares Outstanding (EOP) for the quarter that ended in Feb. 2024 was 114 Mil. Therefore, Steelcase's market cap for the quarter that ended in Feb. 2024 was $1,569 Mil.
Steelcase's quarterly market cap
increased
from Aug. 2023 ($1,034 Mil) to Nov. 2023 ($1,406 Mil) and
increased
from Nov. 2023 ($1,406 Mil) to Feb. 2024 ($1,569 Mil).
Steelcase's annual market cap
declined
from Feb. 2022 ($1,364 Mil) to Feb. 2023 ($889 Mil) but then
increased
from Feb. 2023 ($889 Mil) to Feb. 2024 ($1,569 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. Steelcase's Enterprise Value for Today is $1,700 Mil.
Steelcase Market Cap Historical Data
The historical data trend for Steelcase'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.
For the Business Equipment & Supplies subindustry, Steelcase'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.
Steelcase's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Steelcase's Market Cap distribution charts can be found below:
* The bar in red indicates where Steelcase's Market Cap falls into.
Steelcase 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.
Steelcase's Market Cap for the fiscal year that ended in Feb. 2024 is calculated as
* 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.
Steelcase (NYSE:SCS) 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.
Steelcase Market Cap Related Terms
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Steelcase Inc is a furniture company primarily based in the United States and has operations in Europe, the Middle East, and Africa. Steelcase markets its products primarily through a network of independent and company-owned dealers. The company operates through the Americas segment, the EMEA segment and the Other category. The Americas segment offers architecture, furniture and technology products is marketed to corporate, government, healthcare, education and retail customers, EMEA segment provides furniture systems, storage and seating solutions. Majority of revenue is generated from Americas segment.
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