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). NextEd Group's share price for the quarter that ended in Dec. 2023 was A$0.73. NextEd Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 221.5 Mil. Therefore, NextEd Group's market cap for the quarter that ended in Dec. 2023 was A$161.7 Mil.
NextEd Group's quarterly market cap
increased
from Dec. 2022 (A$249.8 Mil) to Jun. 2023 (A$331.3 Mil) but then
declined
from Jun. 2023 (A$331.3 Mil) to Dec. 2023 (A$161.7 Mil).
NextEd Group's annual market cap
increased
from Jun. 2021 (A$69.8 Mil) to Jun. 2022 (A$142.4 Mil) and
increased
from Jun. 2022 (A$142.4 Mil) to Jun. 2023 (A$331.3 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. NextEd Group's Enterprise Value for Today is A$71.9 Mil.
NextEd Group Market Cap Historical Data
The historical data trend for NextEd Group'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 NextEd Group's Market Cap
For the Education & Training Services subindustry, NextEd Group'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.
NextEd Group's Market Cap Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, NextEd Group's Market Cap distribution charts can be found below:
* The bar in red indicates where NextEd Group's Market Cap falls into.
NextEd Group 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.
NextEd Group's Market Cap for the fiscal year that ended in Jun. 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.
NextEd Group (ASX:NXD) 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.
NextEd Group Market Cap Related Terms
Thank you for viewing the detailed overview of NextEd Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
NextEd Group Ltd is engaged in the provision of vocational education and training solutions. It offers training predominantly in the areas of Allied Health and Community Services. It currently provides training to a range of existing workers, job seekers, and school leavers throughout campuses. Its segments are Technology & Design, International Vocational, Go Study and Domestic Vocational.
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