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Medinet Co (TSE:2370) Market Cap : 円11,542.1 Mil (As of May. 26, 2024)


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What is Medinet Co 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). Medinet Co's share price for the quarter that ended in Mar. 2024 was 円51. Medinet Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 256.2 Mil. Therefore, Medinet Co's market cap for the quarter that ended in Mar. 2024 was 円13,065.7 Mil.

Medinet Co's quarterly market cap declined from Sep. 2023 (円11,608.1 Mil) to Dec. 2023 (円10,901.0 Mil) but then increased from Dec. 2023 (円10,901.0 Mil) to Mar. 2024 (円13,065.7 Mil).

Medinet Co's annual market cap increased from Sep. 2021 (円12,512.5 Mil) to Sep. 2022 (円20,749.5 Mil) but then declined from Sep. 2022 (円20,749.5 Mil) to Sep. 2023 (円11,608.1 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. Medinet Co's Enterprise Value for Today is 円7,148.0 Mil.


Medinet Co Market Cap Historical Data

The historical data trend for Medinet 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.

* Premium members only.

Medinet Co Market Cap Chart

Medinet Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,373.38 14,313.87 12,512.50 20,749.54 11,608.05

Medinet Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14,302.22 14,519.14 11,608.05 10,900.97 13,065.69

Competitive Comparison of Medinet Co's Market Cap

For the Biotechnology subindustry, Medinet 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.


Medinet Co's Market Cap Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Medinet Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Medinet Co's Market Cap falls into.



Medinet 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.

Medinet Co's Market Cap for the fiscal year that ended in Sep. 2023 is calculated as

Market Cap (A: Sep. 2023 )=Share Price (A: Sep. 2023 )*Shares Outstanding (EOP) (A: Sep. 2023 )
=円50*232.161
=円11,608.1

Medinet Co's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=円51*256.19
=円13,065.7

* 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.


Medinet Co  (TSE:2370) 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.


Medinet Co Market Cap Related Terms

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Medinet Co (TSE:2370) Business Description

Traded in Other Exchanges
N/A
Address
2-3-12 Shin-Yokohama, Shin-Yokohama Square Building, 14 Floor, Kohoku-ku, Yokohama, JPN, 222-0033
Medinet Co Ltd is a Japan-based Contract Development and Manufacturing Organization (CDMO). The company is engaged in the research and development of regenerative medical products, investigational products, and specified cell products. MEDINET is a one-stop regenerative medicine and cell therapy solution provider. It provides value chain solutions including personnel training, facility and equipment design, facility operations and management, preparation of standard operating procedures, logistics network, information system, purchasing and production management, quality management solutions to medical institutions, research institutions, and biopharmaceutical companies.

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