Advanced Drainage Systems's quarterly market cap
declined
from Jun. 2023 ($8,951 Mil) to Sep. 2023 ($8,904 Mil) but then
increased
from Sep. 2023 ($8,904 Mil) to Dec. 2023 ($10,926 Mil).
Advanced Drainage Systems's annual market cap
increased
from Mar. 2021 ($7,400 Mil) to Mar. 2022 ($8,591 Mil) but then
declined
from Mar. 2022 ($8,591 Mil) to Mar. 2023 ($6,648 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. Advanced Drainage Systems's Enterprise Value for Today is $12,950 Mil.
Advanced Drainage Systems 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 Advanced Drainage Systems's Market Cap
For the Building Products & Equipment subindustry, Advanced Drainage Systems'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.
Advanced Drainage Systems's Market Cap Distribution in the Construction Industry
For the Construction industry and Industrials sector, Advanced Drainage Systems's Market Cap distribution charts can be found below:
* The bar in red indicates where Advanced Drainage Systems's Market Cap falls into.
Advanced Drainage Systems 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.
* 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.
Advanced Drainage Systems (NYSE:WMS) 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.
Advanced Drainage Systems Market Cap Related Terms
Thank you for viewing the detailed overview of Advanced Drainage Systems's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Advanced Drainage Systems (Advanced Drainage Systems) Business Description
Advanced Drainage Systems Inc is engaged in designing, manufacturing, and marketing thermoplastic corrugated pipe and related water management products in North and South America, and Europe. The company's operating segment includes Pipe; Infiltrator; International and Allied Products and Other. It generates maximum revenue from the Pipe segment. The company serves Agriculture; Aviation and Military; Mining; Residential; Transportation; Healthcare and Education and others.
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