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). Taitron Components's share price for the quarter that ended in Dec. 2023 was $3.5299. Taitron Components's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 6.02 Mil. Therefore, Taitron Components's market cap for the quarter that ended in Dec. 2023 was $21.25 Mil.
Taitron Components's quarterly market cap
declined
from Jun. 2023 ($24.78 Mil) to Sep. 2023 ($21.25 Mil) but then
increased
from Sep. 2023 ($21.25 Mil) to Dec. 2023 ($21.25 Mil).
Taitron Components's annual market cap
declined
from Dec. 2021 ($23.68 Mil) to Dec. 2022 ($20.87 Mil) but then
increased
from Dec. 2022 ($20.87 Mil) to Dec. 2023 ($21.25 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. Taitron Components's Enterprise Value for Today is $9.25 Mil.
Taitron Components Market Cap Historical Data
The historical data trend for Taitron Components'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 Taitron Components's Market Cap
For the Electronics & Computer Distribution subindustry, Taitron Components'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.
Taitron Components's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Taitron Components's Market Cap distribution charts can be found below:
* The bar in red indicates where Taitron Components's Market Cap falls into.
Taitron Components 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.
Taitron Components'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.
Taitron Components (NAS:TAIT) 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.
Taitron Components Market Cap Related Terms
Thank you for viewing the detailed overview of Taitron Components's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Taitron Components (Taitron Components) Business Description
Taitron Components Inc is a supplier of originally designed and manufactured (ODM) products that include value-added engineering and turn-key solutions. It focuses on providing original equipment manufacturers (OEMs) and contracts electronic manufacturers (CEMs) with ODM products for their multi-year turn-key projects and ODM electronic components. Its product offerings range from discrete semiconductors to small electronic devices. The company also distributes brand-name electronic components with a vast inventory available on hand. Its Taiwan and China locations provide support for inventory sourcing, purchases, and coordinating the manufacture of ODM Projects and ODM Components.
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