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Sovos Brands (Sovos Brands) Market Cap : $2,341 Mil (As of Apr. 29, 2024)


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What is Sovos Brands Market Cap?

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). Sovos Brands's share price for the quarter that ended in Dec. 2023 was $22.03. Sovos Brands's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 101 Mil. Therefore, Sovos Brands's market cap for the quarter that ended in Dec. 2023 was $2,235 Mil.

Sovos Brands's quarterly market cap increased from Jun. 2023 ($1,982 Mil) to Sep. 2023 ($2,286 Mil) but then declined from Sep. 2023 ($2,286 Mil) to Dec. 2023 ($2,235 Mil).

Sovos Brands's annual market cap declined from Dec. 2021 ($1,518 Mil) to Dec. 2022 ($1,451 Mil) but then increased from Dec. 2022 ($1,451 Mil) to Dec. 2023 ($2,235 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. Sovos Brands's Enterprise Value for Today is $2,607 Mil.


Sovos Brands Market Cap Historical Data

The historical data trend for Sovos Brands'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.

* Premium members only.

Sovos Brands Market Cap Chart

Sovos Brands Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
- - 1,518.44 1,450.91 2,235.05

Sovos Brands Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,450.91 1,688.45 1,981.78 2,286.03 2,235.05

Competitive Comparison of Sovos Brands's Market Cap

For the Packaged Foods subindustry, Sovos Brands'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.


Sovos Brands's Market Cap Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sovos Brands's Market Cap distribution charts can be found below:

* The bar in red indicates where Sovos Brands's Market Cap falls into.



Sovos Brands 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.

Sovos Brands's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$22.03*101.455
=$2,235

Sovos Brands's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$22.03*101.455
=$2,235

* 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.


Sovos Brands  (NAS:SOVO) 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 company’s 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.


Sovos Brands Market Cap Related Terms

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Sovos Brands (Sovos Brands) Business Description

Traded in Other Exchanges
N/A
Address
168 Centennial Parkway, Suite 200, Louisville, CO, USA, 80027
Sovos Brands Inc is a food company in the United States. Its brands are Rao's, noosa, Birch Benders, and Michael Angelo's. Its Rao's products include our Rao's Homemade pasta sauces (including tomato-based sauces, Alfredo sauces, and Pesto sauces), pizza sauces, and dry pasta; Rao's Homestyle meat-based pasta sauces; and Rao's Made for Home frozen entrees and soups.
Executives
Todd R Lachman director, officer: President and CEO
Isobel A Jones officer: CLO, GC and Secretary C/O DIAMOND FOODS, INC., 600 MONTGOMERY STREET, 13TH FLOOR, SAN FRANCISCO CA 94111
Christopher W. Hall officer: Chief Financial Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Katie Gvazdinskas officer: Chief Human Resources Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Kirk A. Jensen officer: Chief Supply Chain Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Risa Cretella officer: Executive Vice President C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Lisa Y. O'driscoll officer: Chief Administrative Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Yuri Hermida officer: Chief Growth Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Advent International Gp, Llc 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent International Corp/ma 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Jefferson M Case director 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Neha Mathur director C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Robert L Graves director C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Wendy K. Behr officer: Chief R&D Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Priscilla Tuan officer: Chief Marketing Officer C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027

Sovos Brands (Sovos Brands) Headlines

From GuruFocus

Sovos Brands Announces Third Quarter 2022 Earnings Date

By deactivated_deactivated_Ds*** deactivated_deactivated_Ds*** 10-12-2022