Australian REITome Fund's quarterly market cap
declined
from Jun. 2022 (C$7.35 Mil) to Dec. 2022 (C$5.74 Mil) and
declined
from Dec. 2022 (C$5.74 Mil) to Jun. 2023 (C$5.48 Mil).
Australian REITome Fund's annual market cap
increased
from Dec. 2020 (C$7.58 Mil) to Dec. 2021 (C$8.55 Mil) but then
declined
from Dec. 2021 (C$8.55 Mil) to Dec. 2022 (C$5.74 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. Australian REITome Fund's Enterprise Value for Today is C$7.78 Mil.
Australian REITome Fund Market Cap Historical Data
* 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 Australian REITome Fund's Market Cap
For the REIT - Specialty subindustry, Australian REITome Fund'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.
Australian REITome Fund's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Australian REITome Fund's Market Cap distribution charts can be found below:
* The bar in red indicates where Australian REITome Fund's Market Cap falls into.
Australian REITome Fund 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.
Australian REITome Fund's Market Cap for the fiscal year that ended in Dec. 2022 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.
Australian REITome Fund (TSX:HRR.UN) 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.
Australian REITome Fund Market Cap Related Terms
Thank you for viewing the detailed overview of Australian REITome Fund's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Australian REITome Fund (TSX:HRR.UN) Business Description
Australian REIT Income Fund invests in an actively managed portfolio comprised primarily of equity securities issued by Australian real estate investment trusts and issuers principally engaged in the real estate industry in Australia. The Fund's investment objectives are to provide unitholders with stable monthly cash distributions and the opportunity for capital appreciation. The Fund is offering Series A units and Series F units.
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