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). Avid Technology's share price for the quarter that ended in Sep. 2023 was $26.87. Avid Technology's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 44.1 Mil. Therefore, Avid Technology's market cap for the quarter that ended in Sep. 2023 was $1,184.1 Mil.
Avid Technology's quarterly market cap
declined
from Mar. 2023 ($1,401.9 Mil) to Jun. 2023 ($1,122.2 Mil) but then
increased
from Jun. 2023 ($1,122.2 Mil) to Sep. 2023 ($1,184.1 Mil).
Avid Technology's annual market cap
increased
from Dec. 2020 ($704.9 Mil) to Dec. 2021 ($1,464.2 Mil) but then
declined
from Dec. 2021 ($1,464.2 Mil) to Dec. 2022 ($1,163.9 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. Avid Technology's Enterprise Value for Today is $1,408.1 Mil.
Avid Technology Market Cap Historical Data
The historical data trend for Avid Technology'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 Avid Technology's Market Cap
For the Software - Application subindustry, Avid Technology'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.
Avid Technology's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Avid Technology's Market Cap distribution charts can be found below:
* The bar in red indicates where Avid Technology's Market Cap falls into.
Avid Technology 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.
Avid Technology's Market Cap for the fiscal year that ended in Dec. 2022 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.
Avid Technology (NAS:AVID) 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.
Avid Technology Market Cap Related Terms
Thank you for viewing the detailed overview of Avid Technology's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Avid Technology (Avid Technology) Business Description
Avid Technology Inc develops and sells software and hardware for digital media production and management. Its products are used in production, film studios, cable television stations, recording studios, and other agencies. The company has operations in the U.S.; the Americas; Europe, Middle East, and Africa; and Asia-Pacific. Most of its revenue is split fairly evenly between the U.S. and EMEA. The company's products are organized into suites, including Artist Suite, which includes video editing and digital audio workstations; Media Suite, which provides newsroom management solutions; Studio Suite, which provides tools for on-air programming; and Storage Suite, which provides products for digital storage. It derives most of the revenue from video and audio products and services.
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