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). SPX Technologies's share price for the quarter that ended in Dec. 2023 was $101.01. SPX Technologies's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 46 Mil. Therefore, SPX Technologies's market cap for the quarter that ended in Dec. 2023 was $4,614 Mil.
SPX Technologies's quarterly market cap
declined
from Jun. 2023 ($3,873 Mil) to Sep. 2023 ($3,715 Mil) but then
increased
from Sep. 2023 ($3,715 Mil) to Dec. 2023 ($4,614 Mil).
SPX Technologies's annual market cap
increased
from Dec. 2021 ($2,695 Mil) to Dec. 2022 ($2,973 Mil) and
increased
from Dec. 2022 ($2,973 Mil) to Dec. 2023 ($4,614 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. SPX Technologies's Enterprise Value for Today is $6,079 Mil.
SPX Technologies Market Cap Historical Data
The historical data trend for SPX Technologies'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.
Competitive Comparison of SPX Technologies's Market Cap
For the Building Products & Equipment subindustry, SPX Technologies'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.
SPX Technologies's Market Cap Distribution in the Construction Industry
For the Construction industry and Industrials sector, SPX Technologies's Market Cap distribution charts can be found below:
* The bar in red indicates where SPX Technologies's Market Cap falls into.
SPX Technologies 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.
SPX Technologies's Market Cap for the fiscal year that ended in Dec. 2023 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.
SPX Technologies (NYSE:SPXC) 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.
SPX Technologies Market Cap Related Terms
Thank you for viewing the detailed overview of SPX Technologies's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
SPX Technologies (SPX Technologies) Business Description
SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company operates through three segments. The HVAC segment designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The detection and measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. The Engineered Solutions segment engineers, designs, manufactures, installs and services transformers for the power transmission and distribution market. The company generates almost all of its revenue from American domestic market.
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