GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Neo Performance Materials Inc (TSX:NEO) » Definitions » Market Cap

Neo Performance Materials (TSX:NEO) Market Cap : C$277.2 Mil (As of May. 16, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Neo Performance Materials 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). Neo Performance Materials's share price for the quarter that ended in Mar. 2024 was C$6.3. Neo Performance Materials's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 41.8 Mil. Therefore, Neo Performance Materials's market cap for the quarter that ended in Mar. 2024 was C$263.0 Mil.

Neo Performance Materials's quarterly market cap declined from Sep. 2023 (C$340.7 Mil) to Dec. 2023 (C$320.7 Mil) and declined from Dec. 2023 (C$320.7 Mil) to Mar. 2024 (C$263.0 Mil).

Neo Performance Materials's annual market cap declined from Dec. 2021 (C$824.8 Mil) to Dec. 2022 (C$433.9 Mil) and declined from Dec. 2022 (C$433.9 Mil) to Dec. 2023 (C$320.7 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. Neo Performance Materials's Enterprise Value for Today is C$212.0 Mil.


Neo Performance Materials Market Cap Historical Data

The historical data trend for Neo Performance Materials'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.

Neo Performance Materials Market Cap Chart

Neo Performance Materials Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial 466.82 516.20 824.77 433.89 320.67

Neo Performance Materials 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 377.53 369.18 340.67 320.67 263.04

Competitive Comparison of Neo Performance Materials's Market Cap

For the Specialty Chemicals subindustry, Neo Performance Materials'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.


Neo Performance Materials's Market Cap Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Neo Performance Materials's Market Cap distribution charts can be found below:

* The bar in red indicates where Neo Performance Materials's Market Cap falls into.



Neo Performance Materials 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.

Neo Performance Materials'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$7.63*42.0274
=C$320.7

Neo Performance Materials'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 )
=C$6.3*41.7516
=C$263.0

* 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.


Neo Performance Materials  (TSX:NEO) 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.


Neo Performance Materials Market Cap Related Terms

Thank you for viewing the detailed overview of Neo Performance Materials's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Neo Performance Materials (TSX:NEO) Business Description

Traded in Other Exchanges
Address
121 King Street West, Suite 1740, Toronto, ON, CAN, M5H 3T9
Neo Performance Materials Inc is engaged in the innovation, development, processing, and manufacturing of rare earth and rare metal-based functional materials. Its operating segments include Magnequench, Chemicals & Oxides, Rare Metals, and Corporate. The Magnequench segment produces magnetic powders used in bonded and hot-deformed, fully dense neodymium-iron-boron magnets. The Chemicals & Oxides segment manufactures and distributes a broad range of industrial materials. The Rare Metals segment produces specialty metals and their compounds, such as tantalum, niobium, hafnium, rhenium, gallium, and indium. Its geographical segments are Asia, North America, Europe, and Others.
Executives
Rahim Suleman Director, Senior Officer