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). IGB Commercial REIT's share price for the quarter that ended in Mar. 2026 was RM0.59. IGB Commercial REIT's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 2,421.2 Mil. Therefore, IGB Commercial REIT's market cap for the quarter that ended in Mar. 2026 was RM1,428.5 Mil.
IGB Commercial REIT's quarterly market cap
increased
from Sep. 2025 (RM1,460.4 Mil) to Dec. 2025 (RM1,535.1 Mil) but then
declined
from Dec. 2025 (RM1,535.1 Mil) to Mar. 2026 (RM1,428.5 Mil).
IGB Commercial REIT's annual market cap
increased
from Dec. 2023 (RM1,147.3 Mil) to Dec. 2024 (RM1,355.6 Mil) and
increased
from Dec. 2024 (RM1,355.6 Mil) to Dec. 2025 (RM1,535.1 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. IGB Commercial REIT's Enterprise Value for Today is RM2,262.1 Mil.
IGB Commercial REIT (XKLS:5299) 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.
IGB Commercial REIT Market Cap Related Terms
IGB Commercial REIT Market Cap Historical Data
* Premium members only.
The historical data trend for IGB Commercial REIT'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 REIT - Office subindustry, IGB Commercial REIT'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.
IGB Commercial REIT Market Cap vs REITs Industry
For the REITs industry and Real Estate sector, IGB Commercial REIT's Market Cap distribution charts can be found below:
* The bar in red indicates where IGB Commercial REIT'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.
IGB Commercial REIT's Market Cap for the fiscal year that ended in Dec. 2025 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.
IGB Commercial REIT (XKLS:5299) has a Market Cap of RM1,464.8 Mil as of Jul. 03, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on IGB Commercial REIT and its competitors. According to the industry distribution chart, IGB Commercial REIT ranks #456 out of 980 companies in the REITs industry, placing it in the top 46.5%.
Is IGB Commercial REIT's Market Cap too high?
IGB Commercial REIT's current Market Cap is RM1,464.8 Mil. Based on the distribution chart, IGB Commercial REIT ranks #456 out of 980 companies in the REITs industry, which is above the industry midpoint. Overall, IGB Commercial REIT has a GF Score™ of 35/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IGB Commercial REIT's Market Cap compare to BXP and ARE?
According to the REITs industry distribution chart, IGB Commercial REIT ranks #456 out of 980 companies for Market Cap. This puts IGB Commercial REIT in the upper half of its industry. The industry median Market Cap is 279.72. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a REITs company?
The median Market Cap among REITs companies is 279.72, based on 980 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on IGB Commercial REIT and its competitors. For the REITs industry, the median Market Cap is 279.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGB Commercial REIT's current Market Cap is RM1,464.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGB Commercial REIT stock overvalued right now?
Based on GuruFocus' analysis, IGB Commercial REIT (XKLS:5299) is currently considered Fairly Valued. The stock's GF Value™ is RM0.63, compared to a current price of RM0.61 — trading 4% below its estimated fair value. The current Market Cap is RM1,464.8 Mil. IGB Commercial REIT's overall GF Score™ is 35/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For IGB Commercial REIT (XKLS:5299), the current Market Cap is RM1,464.8 Mil as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is IGB Commercial REIT (XKLS:5299) Overvalued in 2026?
Based on GuruFocus' analysis, IGB Commercial REIT stock appears to be undervalued.
The current stock price of RM0.61 is trading 4% below its estimated GF Value™ of RM0.63.
GuruFocus considers IGB Commercial REIT to be Fairly Valued.
Key valuation signals for XKLS:5299:
Market Cap: RM1,464.8 Mil
GF Value™: RM0.63 vs. price of RM0.61 (4% below fair value)
No single metric tells the full story. See the XKLS:5299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IGB Commercial REIT is established to provide unitholders with regular and stable distributions, sustainable long-term unit price and distributable income and capital growth, and maintaining an appropriate capital structure, by investing directly and indirectly in a portfolio of income-producing real estate used predominantly for commercial purposes in Malaysia and overseas. The trust's investment portfolio mainly comprises commercial properties with office and retail spaces, and includes the Gardens South Tower, Centrepoint North, The Gardens North Tower, and other properties.
35GF Score
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