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). Argent Industrial's share price for the quarter that ended in Sep. 2023 was R15.5. Argent Industrial's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 55 Mil. Therefore, Argent Industrial's market cap for the quarter that ended in Sep. 2023 was R859 Mil.
Argent Industrial's quarterly market cap
increased
from Sep. 2022 (R719 Mil) to Mar. 2023 (R818 Mil) and
increased
from Mar. 2023 (R818 Mil) to Sep. 2023 (R859 Mil).
Argent Industrial's annual market cap
increased
from Mar. 2021 (R532 Mil) to Mar. 2022 (R760 Mil) and
increased
from Mar. 2022 (R760 Mil) to Mar. 2023 (R818 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. Argent Industrial's Enterprise Value for Today is R931 Mil.
Argent Industrial Market Cap Historical Data
The historical data trend for Argent Industrial'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 Argent Industrial's Market Cap
For the Steel subindustry, Argent Industrial'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.
Argent Industrial's Market Cap Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Argent Industrial's Market Cap distribution charts can be found below:
* The bar in red indicates where Argent Industrial's Market Cap falls into.
Argent Industrial 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.
Argent Industrial's Market Cap for the fiscal year that ended in Mar. 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.
Argent Industrial (JSE:ART) 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.
Argent Industrial Market Cap Related Terms
Thank you for viewing the detailed overview of Argent Industrial's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Argent Industrial Ltd is a holding company that derives its income from the manufacturing and trading of steel and steel-related products, and properties. The company is organized into three operating divisions, namely Manufacturing, Steel trading, and Properties. The Manufacturing segment consists of manufacturing branded consumer goods. The steel trading segment makes up of ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group manufacturing businesses. The group charges rent for the properties. The company generates a majority of its revenue from manufacturing businesses. Geographically, it derives a majority of its revenue from South Africa and has a presence in the rest of the world.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
JSE:ART has been successfully added to your 