Franklin Electric Co's quarterly market cap
increased
from Sep. 2023 ($4,123 Mil) to Dec. 2023 ($4,452 Mil) and
increased
from Dec. 2023 ($4,452 Mil) to Mar. 2024 ($4,923 Mil).
Franklin Electric Co's annual market cap
declined
from Dec. 2021 ($4,395 Mil) to Dec. 2022 ($3,684 Mil) but then
increased
from Dec. 2022 ($3,684 Mil) to Dec. 2023 ($4,452 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. Franklin Electric Co's Enterprise Value for Today is $4,681 Mil.
Franklin Electric Co Market Cap Historical Data
The historical data trend for Franklin Electric Co'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 Franklin Electric Co's Market Cap
For the Specialty Industrial Machinery subindustry, Franklin Electric Co'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.
Franklin Electric Co's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Franklin Electric Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Franklin Electric Co's Market Cap falls into.
Franklin Electric Co 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.
Franklin Electric Co'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.
Franklin Electric Co (NAS:FELE) 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.
Franklin Electric Co Market Cap Related Terms
Thank you for viewing the detailed overview of Franklin Electric Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Franklin Electric Co (Franklin Electric Co) Business Description
Franklin Electric Co Inc designs, manufactures, and distributes water and fuel pumping systems, composed of submersible motors, pumps, electronic controls, water treatment systems, and related parts and equipment. It has three segments; The Water Systems segment designs, manufactures and sells motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment for use in groundwater, water transfer, and wastewater, The Fueling Systems segment designs, manufactures and sells pumps, pipe, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment for use in fueling system applications and the Distribution segment sells and provides presale support and specifications to the installing contractors.
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