GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Litgrid AB (OVSE:LGD1L) » Definitions » Market Cap

Litgrid AB (OVSE:LGD1L) Market Cap : €345.5 Mil (As of Jun. 09, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Litgrid AB 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). Litgrid AB's share price for the quarter that ended in Mar. 2024 was €0.67. Litgrid AB's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 504.3 Mil. Therefore, Litgrid AB's market cap for the quarter that ended in Mar. 2024 was €337.9 Mil.

Litgrid AB's quarterly market cap increased from Sep. 2023 (€342.9 Mil) to Dec. 2023 (€345.5 Mil) but then declined from Dec. 2023 (€345.5 Mil) to Mar. 2024 (€337.9 Mil).

Litgrid AB's annual market cap declined from Dec. 2021 (€400.9 Mil) to Dec. 2022 (€353.0 Mil) and declined from Dec. 2022 (€353.0 Mil) to Dec. 2023 (€345.5 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. Litgrid AB's Enterprise Value for Today is €381.4 Mil.


Litgrid AB Market Cap Historical Data

The historical data trend for Litgrid AB'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.

* Premium members only.

Litgrid AB Market Cap Chart

Litgrid AB 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 292.51 295.03 400.94 353.03 345.47

Litgrid AB 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 349.00 350.51 342.95 345.47 337.90

Competitive Comparison of Litgrid AB's Market Cap

For the Utilities - Regulated Electric subindustry, Litgrid AB'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.


Litgrid AB's Market Cap Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Litgrid AB's Market Cap distribution charts can be found below:

* The bar in red indicates where Litgrid AB's Market Cap falls into.



Litgrid AB 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.

Litgrid AB'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 )
=€0.685*504.331
=€345.5

Litgrid AB'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 )
=€0.67*504.331
=€337.9

* 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.


Litgrid AB  (OVSE:LGD1L) 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.


Litgrid AB Market Cap Related Terms

Thank you for viewing the detailed overview of Litgrid AB's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Litgrid AB (OVSE:LGD1L) Business Description

Traded in Other Exchanges
N/A
Address
Karlo Gustavo Emilio Manerheimo street 8, Vilnius, LTU, LT-05131
Litgrid AB is an operator of an electricity transmission system operating electricity transmissions in Lithuania. It is responsible for integrating the national power system into the European power infrastructure and electricity market. The business activity of the group functions under various segments namely Electricity transmission and related services activities, and Other income. Geographically, the business presence of the firm is seen in the regions of Lithuania, Norway, Sweden, Latvia, Estonia and others of which the Lithuania region accounts for the majority of the revenue.

Litgrid AB (OVSE:LGD1L) Headlines

No Headlines