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). LG Energy Solution's share price for the quarter that ended in Dec. 2023 was ₩427500. LG Energy Solution's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 234 Mil. Therefore, LG Energy Solution's market cap for the quarter that ended in Dec. 2023 was ₩100,035,000 Mil.
LG Energy Solution's quarterly market cap
declined
from Jun. 2023 (₩129,402,000 Mil) to Sep. 2023 (₩111,501,000 Mil) and
declined
from Sep. 2023 (₩111,501,000 Mil) to Dec. 2023 (₩100,035,000 Mil).
LG Energy Solution's annual market cap
increased
from Dec. 2021 (₩0 Mil) to Dec. 2022 (₩101,907,000 Mil) but then
declined
from Dec. 2022 (₩101,907,000 Mil) to Dec. 2023 (₩100,035,000 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. LG Energy Solution's Enterprise Value for Today is ₩96,065,506 Mil.
LG Energy Solution Market Cap Historical Data
The historical data trend for LG Energy Solution'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 LG Energy Solution's Market Cap
For the Specialty Industrial Machinery subindustry, LG Energy Solution'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.
LG Energy Solution's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, LG Energy Solution's Market Cap distribution charts can be found below:
* The bar in red indicates where LG Energy Solution's Market Cap falls into.
LG Energy Solution 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.
LG Energy Solution'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.
LG Energy Solution (XKRX:373220) 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.
LG Energy Solution Market Cap Related Terms
Thank you for viewing the detailed overview of LG Energy Solution's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
LG Energy Solution (XKRX:373220) Business Description
LG Energy Solution, or LGES, is the third-largest battery maker for electric vehicles, or EVs, with about 14% global share in the first half of 2023, according to SNE Research. The EV battery segment is the largest revenue contributor, which accounted for close to 60% of total revenue in 2022. Besides EV batteries, LGES also manufactures batteries for mobility, mobile phones, laptops, electrical devices, and energy storage systems. The company was spun off from LG Chem's battery division in December 2020 and listed on the Korea Exchange in January 2022. It has global manufacturing facilities in Korea, China, Poland and the United States. Key customers include General Motors, Tesla, Volkswagen, Hyundai Motors and Stellantis.
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