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). Krones AG's share price for the quarter that ended in Dec. 2023 was €111.8. Krones AG's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 32 Mil. Therefore, Krones AG's market cap for the quarter that ended in Dec. 2023 was €3,532 Mil.
Krones AG's quarterly market cap
declined
from Jun. 2023 (€3,510 Mil) to Sep. 2023 (€3,082 Mil) but then
increased
from Sep. 2023 (€3,082 Mil) to Dec. 2023 (€3,532 Mil).
Krones AG's annual market cap
increased
from Dec. 2021 (€3,030 Mil) to Dec. 2022 (€3,317 Mil) and
increased
from Dec. 2022 (€3,317 Mil) to Dec. 2023 (€3,532 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. Krones AG's Enterprise Value for Today is €3,609 Mil.
Krones AG Market Cap Historical Data
The historical data trend for Krones AG'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 Specialty Industrial Machinery subindustry, Krones AG'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.
Krones AG's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Krones AG's Market Cap distribution charts can be found below:
* The bar in red indicates where Krones AG's Market Cap falls into.
Krones AG 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.
Krones AG'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.
Krones AG (XTER:KRN) 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.
Krones AG Market Cap Related Terms
Thank you for viewing the detailed overview of Krones AG's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Krones AG offers machinery and systems for filling, packaging, and producing beverages. Part of its product portfolio is information technology and planning associated with logistics and production lines. In addition to packaging, the company has cellar systems to treat and store sensitive beverages. Krones has two reportable segments: product filling and decoration, which is the highest revenue segment, and machines and lines for beverage production and process technology segment. Its customer base includes companies in the beverage, food, chemical, pharmaceutical, and cosmetic industries, but beverage companies account the Krones' revenue. While the company has a presence, Germany remains the central location for the development of machines, lines, and services.
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