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). Formosa Taffeta Co's share price for the quarter that ended in Dec. 2023 was NT$25.2. Formosa Taffeta Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,682 Mil. Therefore, Formosa Taffeta Co's market cap for the quarter that ended in Dec. 2023 was NT$42,398 Mil.
Formosa Taffeta Co's quarterly market cap
declined
from Jun. 2023 (NT$47,109 Mil) to Sep. 2023 (NT$42,819 Mil) and
declined
from Sep. 2023 (NT$42,819 Mil) to Dec. 2023 (NT$42,398 Mil).
Formosa Taffeta Co's annual market cap
declined
from Dec. 2021 (NT$49,044 Mil) to Dec. 2022 (NT$45,006 Mil) and
declined
from Dec. 2022 (NT$45,006 Mil) to Dec. 2023 (NT$42,398 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. Formosa Taffeta Co's Enterprise Value for Today is NT$47,212 Mil.
Formosa Taffeta Co Market Cap Historical Data
The historical data trend for Formosa Taffeta Co'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 Formosa Taffeta Co's Market Cap
For the Textile Manufacturing subindustry, Formosa Taffeta Co'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.
Formosa Taffeta Co's Market Cap Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Formosa Taffeta Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Formosa Taffeta Co's Market Cap falls into.
Formosa Taffeta Co 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.
Formosa Taffeta Co'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.
Formosa Taffeta Co (TPE:1434) 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.
Formosa Taffeta Co Market Cap Related Terms
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Formosa Taffeta Co (TPE:1434) Business Description
Formosa Taffeta Co Ltd is a Taiwan-based company that is principally involved in the textile industry. The company's business segments include first business segment, which is primarily involved in production and sale of woven, dyeing & finishing products, and management of overseas subsidiaries' plants; the cord fabric segment, which primarily produces and offers tire cords; the gasoline segment, which offers gasoline and car washing, and Other segment. The first business segment and the cord fabric segment jointly contribute more than half of the company's total revenue.
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