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). Novonesis AS's share price for the quarter that ended in Dec. 2023 was $54.905. Novonesis AS's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 277 Mil. Therefore, Novonesis AS's market cap for the quarter that ended in Dec. 2023 was $15,226 Mil.
Novonesis AS's quarterly market cap
declined
from Jun. 2023 ($12,894 Mil) to Sep. 2023 ($11,141 Mil) but then
increased
from Sep. 2023 ($11,141 Mil) to Dec. 2023 ($15,226 Mil).
Novonesis AS's annual market cap
declined
from Dec. 2021 ($23,033 Mil) to Dec. 2022 ($13,957 Mil) but then
increased
from Dec. 2022 ($13,957 Mil) to Dec. 2023 ($15,226 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. Novonesis AS's Enterprise Value for Today is $26,885 Mil.
Novonesis AS Market Cap Historical Data
The historical data trend for Novonesis AS'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 Novonesis AS's Market Cap
For the Specialty Chemicals subindustry, Novonesis AS'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.
Novonesis AS's Market Cap Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Novonesis AS's Market Cap distribution charts can be found below:
* The bar in red indicates where Novonesis AS's Market Cap falls into.
Novonesis AS 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.
Novonesis AS'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.
Novonesis AS (OTCPK:NVZMY) 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.
Novonesis AS Market Cap Related Terms
Thank you for viewing the detailed overview of Novonesis AS's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Novozymes is the world leader in industrial enzymes. In recent years, the company has expanded into micro-organisms, primarily for agricultural markets. The firm supplies five major industry groups: household care, food and beverages, bioenergy, agriculture and feed, and technical and pharma. Its biological solutions create value for its customers by improving yield efficiency and performance, while saving energy and generating less waste. The company is headquartered in Denmark.
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