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). RENK Group AG's share price for the quarter that ended in Sep. 2024 was €22.24. RENK Group AG's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 100.0 Mil. Therefore, RENK Group AG's market cap for the quarter that ended in Sep. 2024 was €2,224.0 Mil.
RENK Group AG's quarterly market cap
declined
from Mar. 2024 (€3,698.0 Mil) to Jun. 2024 (€2,527.5 Mil) and
declined
from Jun. 2024 (€2,527.5 Mil) to Sep. 2024 (€2,224.0 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. RENK Group AG's Enterprise Value for Today is €4,891.3 Mil.
RENK Group AG Market Cap Historical Data
The historical data trend for RENK Group AG'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.
Competitive Comparison of RENK Group AG's Market Cap
For the Aerospace & Defense subindustry, RENK Group AG'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.
RENK Group AG's Market Cap Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, RENK Group AG's Market Cap distribution charts can be found below:
* The bar in red indicates where RENK Group AG's Market Cap falls into.
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.
RENK Group AG'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.
RENK Group AG (WBO:RENK) 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.
RENK Group AG Market Cap Related Terms
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RENK Group AG provides vehicle mobility solutions. Its propulsion and drivetrain technology ensures the reliable deployment of forces to set vehicles, vessels, and machinery in motion. The company's business is divided into the following segments; Vehicle Mobility Solutions, Marine and Industry, and Slide Bearings. The Vehicle Mobility Solutions segment which generates maximum revenue, provides technology for the deployment of forces to set vehicles, vessels, and machinery in motion, and also offers products like engines, suspensions, electric drives, and power packs for military vehicles and test systems. Geographically, the company generates maximum revenue from America and the rest from Germany, Asia, Africa, other European countries, Australia and Oceania.
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