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). Freehold Royalties's share price for the quarter that ended in Sep. 2024 was C$13.89. Freehold Royalties's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 150.7 Mil. Therefore, Freehold Royalties's market cap for the quarter that ended in Sep. 2024 was C$2,093.1 Mil.
Freehold Royalties's quarterly market cap
declined
from Mar. 2024 (C$2,138.3 Mil) to Jun. 2024 (C$2,075.0 Mil) but then
increased
from Jun. 2024 (C$2,075.0 Mil) to Sep. 2024 (C$2,093.1 Mil).
Freehold Royalties's annual market cap
increased
from Dec. 2021 (C$1,677.8 Mil) to Dec. 2022 (C$2,311.2 Mil) but then
declined
from Dec. 2022 (C$2,311.2 Mil) to Dec. 2023 (C$2,065.9 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. Freehold Royalties's Enterprise Value for Today is C$2,283.8 Mil.
Freehold Royalties Market Cap Historical Data
The historical data trend for Freehold Royalties'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 Freehold Royalties's Market Cap
For the Oil & Gas E&P subindustry, Freehold Royalties'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.
Freehold Royalties's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Freehold Royalties's Market Cap distribution charts can be found below:
* The bar in red indicates where Freehold Royalties's Market Cap falls into.
Freehold Royalties 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.
Freehold Royalties'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.
Freehold Royalties (LTS:0UWL) 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.
Freehold Royalties Market Cap Related Terms
Thank you for viewing the detailed overview of Freehold Royalties's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Freehold Royalties Ltd is in acquiring and managing Oil and Gas royalties. It operates in two segments: Canada, which includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada; and the United States, which includes petroleum and natural gas interests held in the Permian (Midland and Delaware), Eagle Ford, Haynesville, and Bakken basins primarily located in the states of Texas, Louisiana, and North Dakota. The maximum revenue is generated from the Canada Segment.
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