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MIT Holdings Co (TSE:4016) Market Cap : 円1,414 Mil (As of Jun. 23, 2024)


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What is MIT Holdings 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). MIT Holdings Co's share price for the quarter that ended in Feb. 2024 was 円696. MIT Holdings Co's Shares Outstanding (EOP) for the quarter that ended in Feb. 2024 was 2 Mil. Therefore, MIT Holdings Co's market cap for the quarter that ended in Feb. 2024 was 円1,378 Mil.

MIT Holdings Co's quarterly market cap declined from Aug. 2023 (円1,455 Mil) to Nov. 2023 (円1,374 Mil) but then increased from Nov. 2023 (円1,374 Mil) to Feb. 2024 (円1,378 Mil).

MIT Holdings Co's annual market cap declined from Nov. 2021 (円1,666 Mil) to Nov. 2022 (円1,322 Mil) but then increased from Nov. 2022 (円1,322 Mil) to Nov. 2023 (円1,374 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. MIT Holdings Co's Enterprise Value for Today is 円1,906 Mil.


MIT Holdings Co Market Cap Historical Data

The historical data trend for MIT Holdings 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.

MIT Holdings Co Market Cap Chart

MIT Holdings Co Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Market Cap
Get a 7-Day Free Trial - 4,909.29 1,666.10 1,322.11 1,373.70

MIT Holdings Co Quarterly Data
Nov18 Nov19 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1,795.32 1,474.65 1,454.86 1,373.70 1,377.66

Competitive Comparison of MIT Holdings Co's Market Cap

For the Information Technology Services subindustry, MIT Holdings 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.


MIT Holdings Co's Market Cap Distribution in the Software Industry

For the Software industry and Technology sector, MIT Holdings Co's Market Cap distribution charts can be found below:

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



MIT Holdings 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.

MIT Holdings Co's Market Cap for the fiscal year that ended in Nov. 2023 is calculated as

Market Cap (A: Nov. 2023 )=Share Price (A: Nov. 2023 )*Shares Outstanding (EOP) (A: Nov. 2023 )
=円694*1.9794
=円1,374

MIT Holdings Co's Market Cap for the quarter that ended in Feb. 2024 is calculated as

Market Cap (Q: Feb. 2024 )=Share Price (Q: Feb. 2024 )*Shares Outstanding (EOP) (Q: Feb. 2024 )
=円696*1.9794
=円1,378

* 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.


MIT Holdings Co  (TSE:4016) 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.


MIT Holdings Co Market Cap Related Terms

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MIT Holdings Co (TSE:4016) Business Description

Traded in Other Exchanges
N/A
Address
2-6-1 Nakase, Chiba Mihama-ku, World Business Garden Marive West 24th Floor, Chiba, JPN, 261-7124
MIT Holdings Co Ltd is engaged in developing an information service business based on IT technology. The company's services include system integration services such as development, operation and maintenance, infrastructure construction; and solution services such as digital books, CAD, face recognition.

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