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). Ternium's share price for the quarter that ended in Mar. 2024 was $41.62. Ternium's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 196 Mil. Therefore, Ternium's market cap for the quarter that ended in Mar. 2024 was $8,170 Mil.
Ternium's quarterly market cap
increased
from Sep. 2023 ($7,833 Mil) to Dec. 2023 ($8,337 Mil) but then
declined
from Dec. 2023 ($8,337 Mil) to Mar. 2024 ($8,170 Mil).
Ternium's annual market cap
declined
from Dec. 2021 ($8,543 Mil) to Dec. 2022 ($5,999 Mil) but then
increased
from Dec. 2022 ($5,999 Mil) to Dec. 2023 ($8,337 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. Ternium's Enterprise Value for Today is $6,642 Mil.
Ternium Market Cap Historical Data
The historical data trend for Ternium'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.
For the Steel subindustry, Ternium'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.
Ternium's Market Cap Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Ternium's Market Cap distribution charts can be found below:
* The bar in red indicates where Ternium's Market Cap falls into.
Ternium 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.
Ternium's Market Cap for the fiscal year that ended in Dec. 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.
Ternium (NYSE:TX) 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.
Ternium Market Cap Related Terms
Thank you for viewing the detailed overview of Ternium's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Ternium SA is a flat steel producer operating in Mexico, Brazil, Argentina, Colombia, the southern United States, and Central America. It produces finished and semi-finished steel products and iron ore, which are sold either directly to steel manufacturers and steel processors or end-users. The company operates in two segments: Steel and Mining. In its steel segment, the company produces slabs, billets & round bars, hot-rolled coils & sheets, bars & stirrups, wire rods, steel pipes, and other products. The Mining segment sells iron ore as concentrates (fines) and pellets. The vast majority of its revenue comes from the steel segment. Its geographical segments are Mexico, the Southern region, and Brazil & Other markets.
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