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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). Novatech Industries's share price for the quarter that ended in Dec. 2025 was €19.8. Novatech Industries's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 1.01 Mil. Therefore, Novatech Industries's market cap for the quarter that ended in Dec. 2025 was €20.00 Mil.
Novatech Industries's quarterly market cap
increased
from Dec. 2023 (€8.23 Mil) to Dec. 2024 (€10.61 Mil) and
increased
from Dec. 2024 (€10.61 Mil) to Dec. 2025 (€20.00 Mil).
Novatech Industries's annual market cap
increased
from Dec. 2023 (€8.23 Mil) to Dec. 2024 (€10.61 Mil) and
increased
from Dec. 2024 (€10.61 Mil) to Dec. 2025 (€20.00 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. Novatech Industries's Enterprise Value for Today is €9.84 Mil.
Novatech Industries (XPAR:MLNOV) 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.
Novatech Industries Market Cap Related Terms
Novatech Industries Market Cap Historical Data
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The historical data trend for Novatech Industries'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.
XPAR:MLNOV vs APH, GLW, TEL: Market Cap Comparison
For the Electronic Components subindustry, Novatech Industries'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.
Novatech Industries Market Cap vs Hardware Industry
For the Hardware industry and Technology sector, Novatech Industries's Market Cap distribution charts can be found below:
* The bar in red indicates where Novatech Industries'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.
Novatech Industries'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.
Novatech Industries (XPAR:MLNOV) has a Market Cap of €16.37 Mil as of Jul. 15, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Novatech Industries and its competitors. According to the industry distribution chart, Novatech Industries ranks #2178 out of 2521 companies in the Hardware industry, placing it in the top 86.4%.
Is Novatech Industries' Market Cap too high?
Novatech Industries' current Market Cap is €16.37 Mil. Based on the distribution chart, Novatech Industries ranks #2178 out of 2521 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Novatech Industries has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Novatech Industries' Market Cap compare to APH and GLW?
According to the Hardware industry distribution chart, Novatech Industries ranks #2178 out of 2521 companies for Market Cap. This places Novatech Industries in the lower half of its industry. The industry median Market Cap is 199.04. 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 199.04, based on 2,521 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 Novatech Industries and its competitors. For the Hardware industry, the median Market Cap is 199.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novatech Industries's current Market Cap is €16.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novatech Industries stock overvalued right now?
Based on GuruFocus' analysis, Novatech Industries (XPAR:MLNOV) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.88, compared to a current price of €16.20 — trading 36.4% above its estimated fair value. The current Market Cap is €16.37 Mil. Novatech Industries' overall GF Score™ is 71/100 with 2 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 Novatech Industries (XPAR:MLNOV), the current Market Cap is €16.37 Mil as of Jul. 15, 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 Novatech Industries (XPAR:MLNOV) Overvalued in 2026?
Based on GuruFocus' analysis, Novatech Industries stock appears to be overvalued.
The current stock price of €16.20 is trading 36.4% above its estimated GF Value™ of €11.88.
GuruFocus considers Novatech Industries to be Significantly Overvalued.
Key valuation signals for XPAR:MLNOV:
Market Cap: €16.37 Mil
GF Value™: €11.88 vs. price of €16.20 (36.4% above fair value)
No single metric tells the full story. See the XPAR:MLNOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Novatech Industries is engaged in electronic sub-contracting services. It operates in two main activities: the assembly of electric components supplied by contractors and the manufacture of electronic cards.
71GF Score
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