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First Takaful Insurance Co KCSC (KUW:FTI) Market Cap : KWD17.38 Mil (As of May. 24, 2024)


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What is First Takaful Insurance Co KCSC Market Cap?

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). First Takaful Insurance Co KCSC's share price for the quarter that ended in Mar. 2024 was KWD0.175. First Takaful Insurance Co KCSC's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 106.60 Mil. Therefore, First Takaful Insurance Co KCSC's market cap for the quarter that ended in Mar. 2024 was KWD18.66 Mil.

First Takaful Insurance Co KCSC's quarterly market cap declined from Sep. 2023 (KWD6.88 Mil) to Dec. 2023 (KWD6.18 Mil) but then increased from Dec. 2023 (KWD6.18 Mil) to Mar. 2024 (KWD18.66 Mil).

First Takaful Insurance Co KCSC's annual market cap declined from Dec. 2021 (KWD5.33 Mil) to Dec. 2022 (KWD4.85 Mil) but then increased from Dec. 2022 (KWD4.85 Mil) to Dec. 2023 (KWD6.18 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. First Takaful Insurance Co KCSC's Enterprise Value for Today is KWD16.52 Mil.


First Takaful Insurance Co KCSC Market Cap Historical Data

The historical data trend for First Takaful Insurance Co KCSC'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.

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First Takaful Insurance Co KCSC Market Cap Chart

First Takaful Insurance Co KCSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.26 3.94 5.33 4.85 6.18

First Takaful Insurance Co KCSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.62 5.58 6.88 6.18 18.66

Competitive Comparison of First Takaful Insurance Co KCSC's Market Cap

For the Insurance - Diversified subindustry, First Takaful Insurance Co KCSC'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.


First Takaful Insurance Co KCSC's Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, First Takaful Insurance Co KCSC's Market Cap distribution charts can be found below:

* The bar in red indicates where First Takaful Insurance Co KCSC's Market Cap falls into.



First Takaful Insurance Co KCSC 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.

First Takaful Insurance Co KCSC's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=KWD0.058*106.600
=KWD6.18

First Takaful Insurance Co KCSC's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=KWD0.175*106.600
=KWD18.66

* 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.


First Takaful Insurance Co KCSC  (KUW:FTI) 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 company’s 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.


First Takaful Insurance Co KCSC Market Cap Related Terms

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First Takaful Insurance Co KCSC (KUW:FTI) Business Description

Traded in Other Exchanges
N/A
Address
Al Qibla - Abdullah Al-Mubarak Street, 1st Floor, Office No. 6, P.O. Box 5713, Souq Al-Safat Building, Kuwait, KWT, 13058
First Takaful Insurance Co KCSC is engaged in carrying out all types of insurance takaful activities and related activities, including insurance and reinsurance, and investing the funds available to the company in various activities. The company's product line consists of life and medical, fire and general accidents, motor, and marine, and aviation. Geographically the company provides its services only to the Kuwait market.