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Propel Holdings (TSX:PRL) Market Cap : C$799.5 Mil (As of May. 03, 2024)


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What is Propel Holdings 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). Propel Holdings's share price for the quarter that ended in Dec. 2023 was C$12.97. Propel Holdings's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 34.3 Mil. Therefore, Propel Holdings's market cap for the quarter that ended in Dec. 2023 was C$445.2 Mil.

Propel Holdings's quarterly market cap increased from Jun. 2023 (C$254.0 Mil) to Sep. 2023 (C$295.5 Mil) and increased from Sep. 2023 (C$295.5 Mil) to Dec. 2023 (C$445.2 Mil).

Propel Holdings's annual market cap declined from Dec. 2021 (C$467.9 Mil) to Dec. 2022 (C$255.7 Mil) but then increased from Dec. 2022 (C$255.7 Mil) to Dec. 2023 (C$445.2 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. Propel Holdings's Enterprise Value for Today is C$1,051.4 Mil.


Propel Holdings Market Cap Historical Data

The historical data trend for Propel Holdings'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.

Propel Holdings Market Cap Chart

Propel Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - - 467.85 255.72 445.22

Propel Holdings Quarterly Data
Dec18 Dec19 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 255.72 236.84 254.01 295.54 445.22

Competitive Comparison of Propel Holdings's Market Cap

For the Credit Services subindustry, Propel Holdings'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.


Propel Holdings's Market Cap Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Propel Holdings's Market Cap distribution charts can be found below:

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



Propel Holdings 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.

Propel Holdings'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$12.97*34.3267
=C$445.2

Propel Holdings'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$12.97*34.3267
=C$445.2

* 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.


Propel Holdings  (TSX:PRL) 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.


Propel Holdings Market Cap Related Terms

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Propel Holdings (TSX:PRL) Business Description

Traded in Other Exchanges
Address
69 Yonge Street, Suite 1500, Toronto, ON, CAN, M5E 1K3
Propel Holdings Inc is an innovative financial technology (fintech) company, committed to credit inclusion by facilitating fair, fast, and transparent access to credit through its proprietary, industry-leading online lending platform. Propel, through its operating brands, is dedicated to bringing appropriate credit solutions to consumers in Canada and the United States. All the firm's operations are conducted through its consumer-facing brands: MoneyKey, CreditFresh, and Fora.

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