GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Speedway Motorsports Inc (NYSE:TRK) » Definitions » Market Cap

Speedway Motorsports (Speedway Motorsports) Market Cap : $808.1 Mil (As of May. 03, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Speedway Motorsports 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). Speedway Motorsports's share price for the quarter that ended in Jun. 2019 was $18.55. Speedway Motorsports's Shares Outstanding (EOP) for the quarter that ended in Jun. 2019 was 40.9 Mil. Therefore, Speedway Motorsports's market cap for the quarter that ended in Jun. 2019 was $757.8 Mil.

Speedway Motorsports's quarterly market cap declined from Dec. 2018 ($664.7 Mil) to Mar. 2019 ($590.8 Mil) but then increased from Mar. 2019 ($590.8 Mil) to Jun. 2019 ($757.8 Mil).

Speedway Motorsports's annual market cap declined from Dec. 2016 ($890.6 Mil) to Dec. 2017 ($773.5 Mil) and declined from Dec. 2017 ($773.5 Mil) to Dec. 2018 ($664.7 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. Speedway Motorsports's Enterprise Value for Today is $808.1 Mil.


Speedway Motorsports Market Cap Historical Data

The historical data trend for Speedway Motorsports'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.

Speedway Motorsports Market Cap Chart

Speedway Motorsports Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 904.11 854.39 890.59 773.52 664.69

Speedway Motorsports Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 710.35 729.28 664.69 590.80 757.84

Competitive Comparison of Speedway Motorsports's Market Cap

For the Leisure subindustry, Speedway Motorsports'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.


Speedway Motorsports's Market Cap Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Speedway Motorsports's Market Cap distribution charts can be found below:

* The bar in red indicates where Speedway Motorsports's Market Cap falls into.



Speedway Motorsports 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.

Speedway Motorsports's Market Cap for the fiscal year that ended in Dec. 2018 is calculated as

Market Cap (A: Dec. 2018 )=Share Price (A: Dec. 2018 )*Shares Outstanding (EOP) (A: Dec. 2018 )
=$16.27*40.854
=$664.7

Speedway Motorsports's Market Cap for the quarter that ended in Jun. 2019 is calculated as

Market Cap (Q: Jun. 2019 )=Share Price (Q: Jun. 2019 )*Shares Outstanding (EOP) (Q: Jun. 2019 )
=$18.55*40.854
=$757.8

* 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.


Speedway Motorsports  (NYSE:TRK) 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.


Speedway Motorsports Market Cap Related Terms

Thank you for viewing the detailed overview of Speedway Motorsports's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Speedway Motorsports (Speedway Motorsports) Business Description

Traded in Other Exchanges
N/A
Address
5555 Concord Parkway South, Concord, NC, USA, 28027
Speedway Motorsports Inc act as a promoter, marketer and sponsor of motorsports activities in the United States. The company also provides souvenir merchandising, including screen-printing and embroidery, as well as food, beverage, and hospitality catering services; and radio programming, production, and distribution services. It operates through motorsports event related segments. The motorsports event related segment includes admissions, event related, NASCAR broadcasting and event motorsports merchandising activities. Speedway generates most of the income from NASCAR broadcasting which include rights fees obtained for domestic television broadcasts of NASCAR-sanctioned events.
Executives
James P Holden director 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Mark M Gambill director 5555 CONCORD PARKWAY SOUTH, CONCORD NC 28027
William R Brooks director, officer: Chief Financial Officer 5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
Marcus G Smith director, 10 percent owner, officer: Chief Executive Officer 5555 CONCORD PARKWAY SOUTH, CONCORD NC 28027
O Bruton Smith director, 10 percent owner, officer: Executive Chairman 5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
Bryan Scott Smith director, 10 percent owner 5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
Byrd Bernard Clinton Jr director 4401 COLWICK ROAD, CHARLOTTE NC 28211
David Bruton Smith 10 percent owner C/O SONIC AUTOMOTIVE, INC., 6415 IDLEWILD ROAD, SUITE 109, CHARLOTTE NC 28212
Robert L Rewey director 401 LONE PINE COURT, BLOOMFIELD HILLS MI 48304
William P Benton director PARKLANE TOWERS WEST, 3 PARKLANE BLVD STE 1610, DEARBORN MI 48126