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). MGE Energy's share price for the quarter that ended in Dec. 2023 was $72.31. MGE Energy's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 36.2 Mil. Therefore, MGE Energy's market cap for the quarter that ended in Dec. 2023 was $2,615.0 Mil.
MGE Energy's quarterly market cap
declined
from Jun. 2023 ($2,860.9 Mil) to Sep. 2023 ($2,477.6 Mil) but then
increased
from Sep. 2023 ($2,477.6 Mil) to Dec. 2023 ($2,615.0 Mil).
MGE Energy's annual market cap
declined
from Dec. 2021 ($2,974.4 Mil) to Dec. 2022 ($2,545.9 Mil) but then
increased
from Dec. 2022 ($2,545.9 Mil) to Dec. 2023 ($2,615.0 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. MGE Energy's Enterprise Value for Today is $3,576.1 Mil.
MGE Energy Market Cap Historical Data
The historical data trend for MGE Energy'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 Utilities - Regulated Electric subindustry, MGE Energy'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.
MGE Energy's Market Cap Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, MGE Energy's Market Cap distribution charts can be found below:
* The bar in red indicates where MGE Energy's Market Cap falls into.
MGE Energy 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.
MGE Energy'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.
MGE Energy (NAS:MGEE) 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.
MGE Energy Market Cap Related Terms
Thank you for viewing the detailed overview of MGE Energy's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
MGE Energy Inc is a U.S. public utilities holding company based in Wisconsin. The firm generates, purchases, and distributes electricity and natural gas, and also provides transmission services, the company generates electricity from coal and purchased power, but also from natural gas, fuel oil, and renewable sources. MGE operates through five segments, which include Regulated electric utility operations, Regulated gas utility operations, Non-regulated energy operations, Transmission investments, and All other segment which includes investing in companies and property and financing the regulated operations. The majority of electric retail revenue is derived from commercial consumers whereas the majority of natural gas revenue is derived from residential consumers.
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