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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). MX On's share price for the quarter that ended in Jun. 2026 was ₩4350. MX On's Shares Outstanding (EOP) for the quarter that ended in Jun. 2026 was 16 Mil. Therefore, MX On's market cap for the quarter that ended in Jun. 2026 was ₩70,601 Mil.
MX On's quarterly market cap
declined
from Dec. 2025 (₩104,197 Mil) to Mar. 2026 (₩84,396 Mil) and
declined
from Mar. 2026 (₩84,396 Mil) to Jun. 2026 (₩70,601 Mil).
MX On's annual market cap
declined
from Dec. 2023 (₩127,362 Mil) to Dec. 2024 (₩88,069 Mil) but then
increased
from Dec. 2024 (₩88,069 Mil) to Dec. 2025 (₩104,197 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. MX On's Enterprise Value for Today is ₩134,342 Mil.
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.
MX On Market Cap Related Terms
MX On Market Cap Historical Data
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The historical data trend for MX On'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.
XKRX:347890 vs DELL, ANET, SNDK: Market Cap Comparison
For the Computer Hardware subindustry, MX On'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.
MX On Market Cap vs Hardware Industry
For the Hardware industry and Technology sector, MX On's Market Cap distribution charts can be found below:
* The bar in red indicates where MX On'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.
MX On'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.
MX On (XKRX:347890) has a Market Cap of ₩74,090 Mil as of Sep. 03, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on MX On and its competitors. According to the industry distribution chart, MX On ranks #1794 out of 2519 companies in the Hardware industry, placing it in the top 71.2%.
Is MX On's Market Cap too high?
MX On's current Market Cap is ₩74,090 Mil. Based on the distribution chart, MX On ranks #1794 out of 2519 companies in the Hardware industry, which is below the industry midpoint. Overall, MX On has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MX On's Market Cap compare to DELL and ANET?
According to the Hardware industry distribution chart, MX On ranks #1794 out of 2519 companies for Market Cap. This places MX On in the lower half of its industry. The industry median Market Cap is 214.11. 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 Hardware company?
The median Market Cap among Hardware companies is 214.11, based on 2,519 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 MX On and its competitors. For the Hardware industry, the median Market Cap is 214.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MX On's current Market Cap is ₩74,090 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MX On stock overvalued right now?
Based on GuruFocus' analysis, MX On (XKRX:347890) is currently considered Possible Value Trap. The stock's GF Value™ is ₩21,362.34, compared to a current price of ₩4,565.00 — trading 78.6% below its estimated fair value. The current Market Cap is ₩74,090 Mil. MX On's overall GF Score™ is 76/100 with 6 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 MX On (XKRX:347890), the current Market Cap is ₩74,090 Mil as of Sep. 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 MX On (XKRX:347890) Overvalued in 2026?
Based on GuruFocus' analysis, MX On stock appears to be undervalued.
The current stock price of ₩4,565.00 is trading 78.6% below its estimated GF Value™ of ₩21,362.34.
GuruFocus considers MX On to be Possible Value Trap.
Key valuation signals for XKRX:347890:
Market Cap: ₩74,090 Mil
GF Value™: ₩21,362.34 vs. price of ₩4,565.00 (78.6% below fair value)
No single metric tells the full story. See the XKRX:347890 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MX On Corp, formerly known as M2I Corp, is engaged in the manufacturing and export of HMI systems for industrial automation applications and other applications such as the information service system and building automation system. The company also provides smart SCADA (Supervisory Control And Data Acquisition), and smart factory solutions, which are essential components for building smart factories.
76GF Score
Get the complete analysis for XKRX:347890
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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