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Definity Financial (TSX:DFY) Market Cap : C$5,319 Mil (As of May. 01, 2024)


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What is Definity Financial 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). Definity Financial's share price for the quarter that ended in Dec. 2023 was C$37.54. Definity Financial's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 116 Mil. Therefore, Definity Financial's market cap for the quarter that ended in Dec. 2023 was C$4,351 Mil.

Definity Financial's quarterly market cap increased from Jun. 2023 (C$4,046 Mil) to Sep. 2023 (C$4,346 Mil) and increased from Sep. 2023 (C$4,346 Mil) to Dec. 2023 (C$4,351 Mil).

Definity Financial's annual market cap increased from Dec. 2021 (C$3,423 Mil) to Dec. 2022 (C$4,460 Mil) but then declined from Dec. 2022 (C$4,460 Mil) to Dec. 2023 (C$4,351 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. Definity Financial's Enterprise Value for Today is C$5,271 Mil.


Definity Financial Market Cap Historical Data

The historical data trend for Definity Financial'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.

Definity Financial Market Cap Chart

Definity Financial Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Market Cap
- 3,422.53 4,459.83 4,350.89

Definity Financial Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,459.83 4,059.58 4,045.77 4,346.25 4,350.89

Competitive Comparison of Definity Financial's Market Cap

For the Insurance - Property & Casualty subindustry, Definity Financial'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.


Definity Financial's Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Definity Financial's Market Cap distribution charts can be found below:

* The bar in red indicates where Definity Financial's Market Cap falls into.



Definity Financial 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.

Definity Financial's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=C$37.54*115.9
=C$4,351

Definity Financial's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=C$37.54*115.9
=C$4,351

* 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.


Definity Financial  (TSX:DFY) 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.


Definity Financial Market Cap Related Terms

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Definity Financial (TSX:DFY) Business Description

Traded in Other Exchanges
Address
111 Westmount Road South, Waterloo, ON, CAN, N2L 2L6
Definity Financial Corp is a multi-channel, property, and casualty insurance company. It offers auto, property, liability, and pet insurance products to individual customers. Its commercial insurance products include fleet, individually-rated commercial auto, property, liability, and specialty insurance products.

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