Sumitomo Heavy Industries's quarterly market cap
increased
from Dec. 2023 ($2,993 Mil) to Mar. 2024 ($3,606 Mil) but then
declined
from Mar. 2024 ($3,606 Mil) to Jun. 2024 ($3,130 Mil).
Sumitomo Heavy Industries's annual market cap
declined
from Mar. 2021 ($3,455 Mil) to Mar. 2022 ($2,764 Mil) but then
increased
from Mar. 2022 ($2,764 Mil) to Dec. 2023 ($2,993 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. Sumitomo Heavy Industries's Enterprise Value for Today is $3,204 Mil.
Sumitomo Heavy Industries Market Cap Historical Data
* 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.
Competitive Comparison of Sumitomo Heavy Industries's Market Cap
For the Specialty Industrial Machinery subindustry, Sumitomo Heavy Industries'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.
Sumitomo Heavy Industries's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sumitomo Heavy Industries's Market Cap distribution charts can be found below:
* The bar in red indicates where Sumitomo Heavy Industries's Market Cap falls into.
Sumitomo Heavy Industries 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.
* 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.
Sumitomo Heavy Industries (OTCPK:SOHVY) 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.
Sumitomo Heavy Industries Market Cap Related Terms
Thank you for viewing the detailed overview of Sumitomo Heavy Industries's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Sumitomo Heavy Industries Ltd develops and manufactures a range of industrial machinery, from gearboxes to ships and large-scale plants. It offers power transmission and control systems, molding machinery, mobile cranes, turbines, and other industrial systems to optimize production. The company has six operating segments: machinery components, precision machinery, construction machinery, industrial machinery, ships, and environmental facilities and plants. Its segments collaborate, utilize research and development, and look for synergies to create new technologies or build on existing components. Japan accounts for approximately half of total revenue, with the remainder split between the United States, China, and other areas.
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