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Concord Acquisition III (Concord Acquisition III) Market Cap : $82.69 Mil (As of Jun. 06, 2024)


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What is Concord Acquisition III 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). Concord Acquisition III's share price for the quarter that ended in Dec. 2023 was $10.56. Concord Acquisition III's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 12.57 Mil. Therefore, Concord Acquisition III's market cap for the quarter that ended in Dec. 2023 was $132.70 Mil.

Concord Acquisition III's quarterly market cap increased from Jun. 2023 ($131.71 Mil) to Sep. 2023 ($136.53 Mil) but then declined from Sep. 2023 ($136.53 Mil) to Dec. 2023 ($132.70 Mil).

Concord Acquisition III's annual market cap increased from Dec. 2021 ($426.94 Mil) to Dec. 2022 ($439.44 Mil) but then declined from Dec. 2022 ($439.44 Mil) to Dec. 2023 ($132.70 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. Concord Acquisition III's Enterprise Value for Today is $82.71 Mil.


Concord Acquisition III Market Cap Historical Data

The historical data trend for Concord Acquisition III'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.

Concord Acquisition III Market Cap Chart

Concord Acquisition III Annual Data
Trend Dec21 Dec22 Dec23
Market Cap
426.94 439.44 132.70

Concord Acquisition III Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 439.44 447.21 131.71 136.53 132.70

Competitive Comparison of Concord Acquisition III's Market Cap

For the Shell Companies subindustry, Concord Acquisition III'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.


Concord Acquisition III's Market Cap Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Concord Acquisition III's Market Cap distribution charts can be found below:

* The bar in red indicates where Concord Acquisition III's Market Cap falls into.



Concord Acquisition III 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.

Concord Acquisition III'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 )
=$10.56*12.5664
=$132.70

Concord Acquisition III's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$10.56*12.5664
=$132.70

* 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.


Concord Acquisition III  (NYSE:CNDB) 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.


Concord Acquisition III Market Cap Related Terms

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Concord Acquisition III (Concord Acquisition III) Business Description

Traded in Other Exchanges
N/A
Address
477 Madison Avenue, New York, NY, USA, 10022
Website
Concord Acquisition Corp III is a newly incorporated blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Diamond Robert E. Jr. director BLACKROCK, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Lawrence E Leibowitz director C/O NYSE EURONEXT, 11 WALL STREET, NEW YORK NY 10005
Jeffrey Tuder director, officer: Chief Executive Officer 6 GREENHOUSE DRIVE, PRINCETON NJ 08540
Thomas C. King director C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC., 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
Peter Ort director C/O CONCORD ACQUISITION CORP, 477 MADISON AVENUE, NEW YORK NY 10022
Michele Cito officer: Chief Financial Officer C/O CONCORD ACQUISITION CORP, 477 MADISON AVENUE, NEW YORK NY 10022
Concord Sponsor Group Iii 10 percent owner 477 MADISON AVENUE, NEW YORK NY 10022