Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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). Koal Software Co's share price for the quarter that ended in Mar. 2026 was ¥19.66. Koal Software Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 234.1 Mil. Therefore, Koal Software Co's market cap for the quarter that ended in Mar. 2026 was ¥4,602.1 Mil.
Koal Software Co's quarterly market cap
increased
from Sep. 2025 (¥3,483.1 Mil) to Dec. 2025 (¥5,372.2 Mil) but then
declined
from Dec. 2025 (¥5,372.2 Mil) to Mar. 2026 (¥4,602.1 Mil).
Koal Software Co's annual market cap
declined
from Dec. 2023 (¥3,194.1 Mil) to Dec. 2024 (¥3,040.3 Mil) but then
increased
from Dec. 2024 (¥3,040.3 Mil) to Dec. 2025 (¥5,372.2 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. Koal Software Co's Enterprise Value for Today is ¥2,674.7 Mil.
Koal Software Co (SHSE:603232) 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.
Koal Software Co Market Cap Related Terms
Koal Software Co Market Cap Historical Data
* Premium members only.
The historical data trend for Koal Software 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:603232 vs MSFT, ORCL, PLTR: Market Cap Comparison
For the Software - Infrastructure subindustry, Koal Software 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.
Koal Software Co Market Cap vs Software Industry
For the Software industry and Technology sector, Koal Software Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Koal Software 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.
Koal Software 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.
Koal Software Co (SHSE:603232) has a Market Cap of ¥3,076.6 Mil as of Jul. 19, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Koal Software Co and its competitors. According to the industry distribution chart, Koal Software Co ranks #747 out of 2937 companies in the Software industry, placing it in the top 25.4%.
Is Koal Software Co's Market Cap too high?
Koal Software Co's current Market Cap is ¥3,076.6 Mil. Based on the distribution chart, Koal Software Co ranks #747 out of 2937 companies in the Software industry, which is above the industry midpoint. Overall, Koal Software Co has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koal Software Co's Market Cap compare to MSFT and ORCL?
According to the Software industry distribution chart, Koal Software Co ranks #747 out of 2937 companies for Market Cap. This puts Koal Software Co in the upper half of its industry. The industry median Market Cap is 66.34. 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 a Software company?
The median Market Cap among Software companies is 66.34, based on 2,937 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 Koal Software Co and its competitors. For the Software industry, the median Market Cap is 66.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koal Software Co's current Market Cap is ¥3,076.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koal Software Co stock overvalued right now?
Based on GuruFocus' analysis, Koal Software Co (SHSE:603232) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥10.48, compared to a current price of ¥13.23 — trading 26.2% above its estimated fair value. The current Market Cap is ¥3,076.6 Mil. Koal Software Co's overall GF Score™ is 73/100 with 3 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 Koal Software Co (SHSE:603232), the current Market Cap is ¥3,076.6 Mil as of Jul. 19, 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 Koal Software Co (SHSE:603232) Overvalued in 2026?
Based on GuruFocus' analysis, Koal Software Co stock appears to be overvalued.
The current stock price of ¥13.23 is trading 26.2% above its estimated GF Value™ of ¥10.48.
GuruFocus considers Koal Software Co to be Modestly Overvalued.
Key valuation signals for SHSE:603232:
Market Cap: ¥3,076.6 Mil
GF Value™: ¥10.48 vs. price of ¥13.23 (26.2% above fair value)
No single metric tells the full story. See the SHSE:603232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Koal Software Co Ltd is engaged in the development, production, sale, and service of commercial password software to the information security industry and public key infrastructure field. Its product line includes digital certificate authentication system; secure authentication gateway; signature verification server; electronic signature system; secure email system; secure instant messaging system; electronic file management system; LAN access authentication system; and mobile media management system.
73GF Score
Get the complete analysis for SHSE:603232
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603232 has been successfully added to your 
