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). NARI Technology Co's share price for the quarter that ended in Mar. 2026 was ¥25.99. NARI Technology Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 8,032 Mil. Therefore, NARI Technology Co's market cap for the quarter that ended in Mar. 2026 was ¥208,745 Mil.
NARI Technology Co's quarterly market cap
declined
from Sep. 2025 (¥184,409 Mil) to Dec. 2025 (¥180,554 Mil) but then
increased
from Dec. 2025 (¥180,554 Mil) to Mar. 2026 (¥208,745 Mil).
NARI Technology Co's annual market cap
increased
from Dec. 2023 (¥179,297 Mil) to Dec. 2024 (¥202,588 Mil) but then
declined
from Dec. 2024 (¥202,588 Mil) to Dec. 2025 (¥180,554 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. NARI Technology Co's Enterprise Value for Today is ¥169,493 Mil.
NARI Technology Co (SHSE:600406) 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.
NARI Technology Co Market Cap Related Terms
NARI Technology Co Market Cap Historical Data
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The historical data trend for NARI Technology Co'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.
SHSE:600406 vs GEV, ETN, PH: Market Cap Comparison
For the Specialty Industrial Machinery subindustry, NARI Technology 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.
NARI Technology Co Market Cap vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NARI Technology Co's Market Cap distribution charts can be found below:
* The bar in red indicates where NARI Technology 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.
NARI Technology 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.
NARI Technology Co (SHSE:600406) has a Market Cap of ¥186,015 Mil as of Jul. 06, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on NARI Technology Co and its competitors. According to the industry distribution chart, NARI Technology Co ranks #40 out of 3091 companies in the Industrial Products industry, placing it in the top 1.3%.
Is NARI Technology Co's Market Cap too high?
NARI Technology Co's current Market Cap is ¥186,015 Mil. Based on the distribution chart, NARI Technology Co ranks #40 out of 3091 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, NARI Technology Co has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NARI Technology Co's Market Cap compare to GEV and ETN?
According to the Industrial Products industry distribution chart, NARI Technology Co ranks #40 out of 3091 companies for Market Cap. This places NARI Technology Co in the top 1% of its industry — outperforming the majority of peers. The industry median Market Cap is 284.51. 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 Industrial Products company?
The median Market Cap among Industrial Products companies is 284.51, based on 3,091 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 NARI Technology Co and its competitors. For the Industrial Products industry, the median Market Cap is 284.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NARI Technology Co's current Market Cap is ¥186,015 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NARI Technology Co stock overvalued right now?
Based on GuruFocus' analysis, NARI Technology Co (SHSE:600406) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥29.97, compared to a current price of ¥23.16 — trading 22.7% below its estimated fair value. The current Market Cap is ¥186,015 Mil. NARI Technology Co's overall GF Score™ is 97/100 with 1 warning sign 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 NARI Technology Co (SHSE:600406), the current Market Cap is ¥186,015 Mil as of Jul. 06, 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 NARI Technology Co (SHSE:600406) Overvalued in 2026?
Based on GuruFocus' analysis, NARI Technology Co stock appears to be undervalued.
The current stock price of ¥23.16 is trading 22.7% below its estimated GF Value™ of ¥29.97.
GuruFocus considers NARI Technology Co to be Modestly Undervalued.
Key valuation signals for SHSE:600406:
Market Cap: ¥186,015 Mil
GF Value™: ¥29.97 vs. price of ¥23.16 (22.7% below fair value)
No single metric tells the full story. See the SHSE:600406 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NARI Technology Co Ltd is engaged in providing power & automation technologies in China. It operates in areas of power system automation, smart grid, renewable energy, railway automation, industrial control, & energy conservation & environment protection.
97GF Score
Get the complete analysis for SHSE:600406
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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