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). Daido Metal Co's share price for the quarter that ended in Dec. 2023 was 円550. Daido Metal Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 47 Mil. Therefore, Daido Metal Co's market cap for the quarter that ended in Dec. 2023 was 円25,924 Mil.
Daido Metal Co's quarterly market cap
increased
from Jun. 2023 (円23,131 Mil) to Sep. 2023 (円26,852 Mil) but then
declined
from Sep. 2023 (円26,852 Mil) to Dec. 2023 (円25,924 Mil).
Daido Metal Co's annual market cap
declined
from Mar. 2021 (円27,333 Mil) to Mar. 2022 (円26,710 Mil) and
declined
from Mar. 2022 (円26,710 Mil) to Mar. 2023 (円24,073 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. Daido Metal Co's Enterprise Value for Today is 円61,965 Mil.
Daido Metal Co Market Cap Historical Data
The historical data trend for Daido Metal 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 Daido Metal Co's Market Cap
For the Auto Parts subindustry, Daido Metal 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.
Daido Metal Co's Market Cap Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Daido Metal Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Daido Metal Co's Market Cap falls into.
Daido Metal 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.
Daido Metal Co's Market Cap for the fiscal year that ended in Mar. 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.
Daido Metal Co (TSE:7245) 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.
Daido Metal Co Market Cap Related Terms
Thank you for viewing the detailed overview of Daido Metal Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Daido Metal Co Ltd manufactures and sells a variety of bearings including automobile engine bearings and large ship engine bearings. The company has a production and sales network in the five-hub system of Japan, North America, Europe, Asia, and China. It manufactures bearings for trucks, construction and agricultural machinery, and bearings for automobile parts such as turbochargers and shock absorbers. Its products portfolio includes metal-polymer bearings, metallic bearings, engine bearing, turbomachinery bearing systems, modular products, pump, centralized lubrication, capacitors and semi-dry processing which are used in including automotive, marine, construction machinery, agricultural machines, industrial, energy, infrastructure and transportation, leisure, and household appliances.
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