North Electro-Optic Co's quarterly market cap
increased
from Sep. 2025 (¥10,576 Mil) to Dec. 2025 (¥11,107 Mil) but then
declined
from Dec. 2025 (¥11,107 Mil) to Mar. 2026 (¥10,728 Mil).
North Electro-Optic Co's annual market cap
declined
from Dec. 2023 (¥5,815 Mil) to Dec. 2024 (¥5,250 Mil) but then
increased
from Dec. 2024 (¥5,250 Mil) to Dec. 2025 (¥11,107 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. North Electro-Optic Co's Enterprise Value for Today is ¥11,824 Mil.
North Electro-Optic Co (SHSE:600184) 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.
* 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.
SHSE:600184 vs SPCX, GE, RTX: Market Cap Comparison
For the Aerospace & Defense subindustry, North Electro-Optic 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.
North Electro-Optic Co Market Cap vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, North Electro-Optic Co's Market Cap distribution charts can be found below:
* The bar in red indicates where North Electro-Optic Co's Market Cap falls into.
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.
North Electro-Optic Co's Market Cap for the fiscal year that ended in Dec. 2025 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.
North Electro-Optic Co (SHSE:600184) has a Market Cap of ¥12,412 Mil as of Jul. 08, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on North Electro-Optic Co and its competitors. According to the industry distribution chart, North Electro-Optic Co ranks #123 out of 360 companies in the Aerospace & Defense industry, placing it in the top 34.2%.
Is North Electro-Optic Co's Market Cap too high?
North Electro-Optic Co's current Market Cap is ¥12,412 Mil. Based on the distribution chart, North Electro-Optic Co ranks #123 out of 360 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, North Electro-Optic Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does North Electro-Optic Co's Market Cap compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, North Electro-Optic Co ranks #123 out of 360 companies for Market Cap. This puts North Electro-Optic Co in the upper half of its industry. The industry median Market Cap is 803.36. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Aerospace & Defense company?
The median Market Cap among Aerospace & Defense companies is 803.36, based on 360 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on North Electro-Optic Co and its competitors. For the Aerospace & Defense industry, the median Market Cap is 803.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Electro-Optic Co's current Market Cap is ¥12,412 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Electro-Optic Co stock overvalued right now?
Based on GuruFocus' analysis, North Electro-Optic Co (SHSE:600184) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥13.33, compared to a current price of ¥21.30 — trading 59.8% above its estimated fair value. The current Market Cap is ¥12,412 Mil. North Electro-Optic Co's overall GF Score™ is 55/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For North Electro-Optic Co (SHSE:600184), the current Market Cap is ¥12,412 Mil as of Jul. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is North Electro-Optic Co (SHSE:600184) Overvalued in 2026?
Based on GuruFocus' analysis, North Electro-Optic Co stock appears to be overvalued.
The current stock price of ¥21.30 is trading 59.8% above its estimated GF Value™ of ¥13.33.
GuruFocus considers North Electro-Optic Co to be Significantly Overvalued.
Key valuation signals for SHSE:600184:
Market Cap: ¥12,412 Mil
GF Value™: ¥13.33 vs. price of ¥21.30 (59.8% above fair value)
No single metric tells the full story. See the SHSE:600184 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
North Electro-Optic Co Ltd is a China-based company mainly engaged in the research and development, design, manufacture, and distribution of optoelectronic defense products. The company is also engaged in the manufacture and sales of optoelectronic materials and components.
55GF Score
Get the complete analysis for SHSE:600184
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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