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). Orbit Technologies's share price for the quarter that ended in Jun. 2023 was ₪20.9. Orbit Technologies's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 24.8 Mil. Therefore, Orbit Technologies's market cap for the quarter that ended in Jun. 2023 was ₪518.3 Mil.
Orbit Technologies's quarterly market cap
declined
from Dec. 2022 (₪450.0 Mil) to Mar. 2023 (₪445.2 Mil) but then
increased
from Mar. 2023 (₪445.2 Mil) to Jun. 2023 (₪518.3 Mil).
Orbit Technologies's annual market cap
increased
from Dec. 2020 (₪230.9 Mil) to Dec. 2021 (₪400.6 Mil) and
increased
from Dec. 2021 (₪400.6 Mil) to Dec. 2022 (₪450.0 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. Orbit Technologies's Enterprise Value for Today is ₪457.5 Mil.
Orbit Technologies Market Cap Historical Data
The historical data trend for Orbit Technologies'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 Orbit Technologies's Market Cap
For the Aerospace & Defense subindustry, Orbit Technologies'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.
Orbit Technologies's Market Cap Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Orbit Technologies's Market Cap distribution charts can be found below:
* The bar in red indicates where Orbit Technologies's Market Cap falls into.
Orbit Technologies 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.
Orbit Technologies's Market Cap for the fiscal year that ended in Dec. 2022 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.
Orbit Technologies (XTAE:ORBI) 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.
Orbit Technologies Market Cap Related Terms
Thank you for viewing the detailed overview of Orbit Technologies's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Orbit Technologies (XTAE:ORBI) Business Description
Orbit Technologies Ltd is an Israel based company engages in the provision of Satellite Communications Systems, Tracking and Telemetry Systems and Communication Management Systems for Airborne, Marine, and Ground vessels, in both Commercial and Military applications. Its activities are divided into below the main business lines. The Mobile Satcom business line offers marine, air, train, and land mobile satcom systems that are used for television reception and for data applications such as Internet and video. Its Tracking business line provides full solutions for tracking low orbiting satellites, aircraft, UAVs, and missiles.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XTAE:ORBI has been successfully added to your 