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ForteBank JSC (XKAZ:ASBN) Market Cap : ₸548,143 Mil (As of Jun. 07, 2024)


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What is ForteBank JSC 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). ForteBank JSC's share price for the quarter that ended in Mar. 2024 was ₸6.31. ForteBank JSC's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 90,453 Mil. Therefore, ForteBank JSC's market cap for the quarter that ended in Mar. 2024 was ₸570,757 Mil.

ForteBank JSC's quarterly market cap increased from Sep. 2023 (₸325,630 Mil) to Dec. 2023 (₸341,911 Mil) and increased from Dec. 2023 (₸341,911 Mil) to Mar. 2024 (₸570,757 Mil).

ForteBank JSC's annual market cap declined from Dec. 2021 (₸465,831 Mil) to Dec. 2022 (₸369,047 Mil) and declined from Dec. 2022 (₸369,047 Mil) to Dec. 2023 (₸341,911 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. ForteBank JSC's Enterprise Value for Today is ₸44,980 Mil.


ForteBank JSC Market Cap Historical Data

The historical data trend for ForteBank JSC'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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ForteBank JSC Market Cap Chart

ForteBank JSC 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 107,392.32 249,186.84 465,831.41 369,047.02 341,911.21

ForteBank JSC 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 360,906.27 347,338.37 325,629.72 341,911.21 570,756.54

Competitive Comparison of ForteBank JSC's Market Cap

For the Banks - Regional subindustry, ForteBank JSC'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.


ForteBank JSC's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, ForteBank JSC's Market Cap distribution charts can be found below:

* The bar in red indicates where ForteBank JSC's Market Cap falls into.



ForteBank JSC 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.

ForteBank JSC'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 )
=₸3.78*90452.7
=₸341,911

ForteBank JSC'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 )
=₸6.31*90452.7
=₸570,757

* 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.


ForteBank JSC  (XKAZ:ASBN) 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.


ForteBank JSC Market Cap Related Terms

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ForteBank JSC (XKAZ:ASBN) Business Description

Traded in Other Exchanges
N/A
Address
Dostyk Street, 8/1, Astana, KAZ, 010017
ForteBank JSC is a commercial bank based in Kazakhstan. It is a result of the merger of OJSC Semipalatinsk Municipal Joint Stock Bank and OJSC Irtyshbusinessbank. ForteBank's core services involve the provision of banking services to individuals and corporates. Its customers can also avail insurance coverage for deposits, depending upon a number of deposits. The group's primary business is related to commercial banking activities, granting of loans and guarantees, accepting deposits, exchanging foreign currencies, dealing with securities, transferring cash payments, as well as providing other banking services.

ForteBank JSC (XKAZ:ASBN) Headlines

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