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). Friend Co's share price for the quarter that ended in Jun. 2026 was ¥9.36. Friend Co's Shares Outstanding (EOP) for the quarter that ended in Jun. 2026 was 493 Mil. Therefore, Friend Co's market cap for the quarter that ended in Jun. 2026 was ¥4,613 Mil.
Friend Co's quarterly market cap
increased
from Dec. 2025 (¥6,595 Mil) to Mar. 2026 (¥6,987 Mil) but then
declined
from Mar. 2026 (¥6,987 Mil) to Jun. 2026 (¥4,613 Mil).
Friend Co's annual market cap
declined
from Dec. 2023 (¥6,077 Mil) to Dec. 2024 (¥4,780 Mil) but then
increased
from Dec. 2024 (¥4,780 Mil) to Dec. 2025 (¥6,595 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. Friend Co's Enterprise Value for Today is ¥6,185 Mil.
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.
Friend Co Market Cap Related Terms
Friend Co Market Cap Historical Data
* Premium members only.
The historical data trend for Friend 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:605050 vs NUE, STLD, RS: Market Cap Comparison
For the Steel subindustry, Friend 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.
Friend Co Market Cap vs Steel Industry
For the Steel industry and Basic Materials sector, Friend Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Friend 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.
Friend 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.
Friend Co (SHSE:605050) has a Market Cap of ¥4,899 Mil as of Sep. 15, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Friend Co and its competitors. According to the industry distribution chart, Friend Co ranks #148 out of 637 companies in the Steel industry, placing it in the top 23.2%.
Is Friend Co's Market Cap too high?
Friend Co's current Market Cap is ¥4,899 Mil. Based on the distribution chart, Friend Co ranks #148 out of 637 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Friend Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Friend Co's Market Cap compare to NUE and STLD?
According to the Steel industry distribution chart, Friend Co ranks #148 out of 637 companies for Market Cap. This places Friend Co in the top 23% of its industry — outperforming the majority of peers. The industry median Market Cap is 105.86. 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 Steel company?
The median Market Cap among Steel companies is 105.86, based on 637 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 Friend Co and its competitors. For the Steel industry, the median Market Cap is 105.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Friend Co's current Market Cap is ¥4,899 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Friend Co stock overvalued right now?
Based on GuruFocus' analysis, Friend Co (SHSE:605050) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.40, compared to a current price of ¥9.94 — trading 25.8% below its estimated fair value. The current Market Cap is ¥4,899 Mil. Friend Co's overall GF Score™ is 62/100 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 Friend Co (SHSE:605050), the current Market Cap is ¥4,899 Mil as of Sep. 15, 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 Friend Co (SHSE:605050) Overvalued in 2026?
Based on GuruFocus' analysis, Friend Co stock appears to be undervalued.
The current stock price of ¥9.94 is trading 25.8% below its estimated GF Value™ of ¥13.40.
GuruFocus considers Friend Co to be Modestly Undervalued.
Key valuation signals for SHSE:605050:
Market Cap: ¥4,899 Mil
GF Value™: ¥13.40 vs. price of ¥9.94 (25.8% below fair value)
No single metric tells the full story. See the SHSE:605050 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Friend Co Ltd is engaged in providing complete steel logistics supply chain services for mid-to-high-end automotive, home appliance and other industries or their supporting manufacturers, including procurement, processing, warehousing, cutting, and packaging , Transportation and distribution services, and corresponding technical support services.
62GF Score
Get the complete analysis for SHSE:605050
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:605050 has been successfully added to your 
