SPMC (Sound Point Meridian Capital) Market Cap: $213.72 Mil (As of Aug. 02, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SPMC Sound Point Meridian Capital Inc SPMC
11 GF Score
Price $10.36
View Full Analysis

What is Sound Point Meridian Capital Market Cap?

Sound Point Meridian Capital SPMC +0.88% 11 Market Cap is $213.72 Mil as of Aug. 02, 2026. GuruFocus rates SPMC with a GF Score™ of 11/100. Among 1,665 Asset Management companies, Sound Point Meridian Capital ranks better than 50.87% on this metric.

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). Sound Point Meridian Capital's share price for the quarter that ended in Mar. 2026 was $8.95. Sound Point Meridian Capital's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 20.63 Mil. Therefore, Sound Point Meridian Capital's market cap for the quarter that ended in Mar. 2026 was $184.63 Mil.

Sound Point Meridian Capital's quarterly market cap stayed the same from Dec. 2023 ($0.00 Mil) to Sep. 2025 ($0.00 Mil) but then increased from Sep. 2025 ($0.00 Mil) to Mar. 2026 ($184.63 Mil).

Sound Point Meridian Capital's annual market cap stayed the same from . 20 ($0.00 Mil) to Dec. 2023 ($0.00 Mil) but then increased from Dec. 2023 ($0.00 Mil) to Mar. 2026 ($184.63 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. Sound Point Meridian Capital's Enterprise Value for Today is $267.91 Mil.


Sound Point Meridian Capital  (NYSE:SPMC) 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.


Sound Point Meridian Capital Market Cap Related Terms


Sound Point Meridian Capital Market Cap Historical Data

* Premium members only.

The historical data trend for Sound Point Meridian Capital'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.

Sound Point Meridian Capital Market Cap Chart

Sound Point Meridian Capital Annual Data
Trend Dec23 Mar26
Market Cap
0.00 184.63

Sound Point Meridian Capital Semi-Annual Data
Dec23 Sep25 Mar26
Market Cap 0.00 0.00 184.63

SPMC vs IIF, TSI, IDE: Market Cap Comparison

For the Asset Management subindustry, Sound Point Meridian Capital'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.


Sound Point Meridian Capital Market Cap vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Sound Point Meridian Capital's Market Cap distribution charts can be found below:

* The bar in red indicates where Sound Point Meridian Capital's Market Cap falls into.


SPMC
11GF Score
Sound Point Meridian Capital Inc SPMC
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sound Point Meridian Capital 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.

Sound Point Meridian Capital's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as

Market Cap (A: Mar. 2026 )=Share Price (A: Mar. 2026 )*Shares Outstanding (EOP) (A: Mar. 2026 )
=$8.95*20.629
=$184.63

Sound Point Meridian Capital's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=$8.95*20.629
=$184.63

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of $213.72 Mil mean?
Sound Point Meridian Capital (SPMC) has a Market Cap of $213.72 Mil as of Aug. 02, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Sound Point Meridian Capital and its competitors. According to the industry distribution chart, Sound Point Meridian Capital ranks #818 out of 1665 companies in the Asset Management industry, placing it in the top 49.1%.
Is Sound Point Meridian Capital's Market Cap too high?
Sound Point Meridian Capital's current Market Cap is $213.72 Mil. The Asset Management industry median Market Cap is 198.55. Sound Point Meridian Capital's value of $213.72 Mil is 7.6% above this industry median. Based on the distribution chart, Sound Point Meridian Capital ranks #818 out of 1665 companies in the Asset Management industry, which is above the industry midpoint. Overall, Sound Point Meridian Capital has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Sound Point Meridian Capital's Market Cap compare to IIF and TSI?
According to the Asset Management industry distribution chart, Sound Point Meridian Capital ranks #818 out of 1665 companies for Market Cap. This puts Sound Point Meridian Capital in the upper half of its industry. The industry median Market Cap is 198.55. Sound Point Meridian Capital's value of $213.72 Mil is 7.6% above this benchmark. 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 Asset Management company?
The median Market Cap among Asset Management companies is 198.55, based on 1,665 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. Sound Point Meridian Capital's current Market Cap of $213.72 Mil is 7.6% above the industry median. 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 Sound Point Meridian Capital and its competitors. For the Asset Management industry, the median Market Cap is 198.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sound Point Meridian Capital's current Market Cap is $213.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sound Point Meridian Capital stock overvalued right now?
Sound Point Meridian Capital (SPMC) has a current Market Cap of $213.72 Mil. The current Market Cap is $213.72 Mil and 7.6% above the Asset Management industry median of 198.55. Sound Point Meridian Capital's overall GF Score™ is 11/100. 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 Sound Point Meridian Capital (SPMC), the current Market Cap is $213.72 Mil as of Aug. 02, 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.

Sound Point Meridian Capital Business Description

Address 375 Park Avenue, 34th Floor, New York, NY, USA, 10152
Sound Point Meridian Capital Inc is a closed-end management investment company. The Company's primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation.
11GF Score

Get the complete analysis for SPMC

Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.36
Price