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Aichi Steel (FRA:8T2) Market Cap : €421 Mil (As of Jun. 10, 2024)


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What is Aichi Steel 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). Aichi Steel's share price for the quarter that ended in Mar. 2024 was €23.2. Aichi Steel's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 20 Mil. Therefore, Aichi Steel's market cap for the quarter that ended in Mar. 2024 was €458 Mil.

Aichi Steel's quarterly market cap declined from Sep. 2023 (€486 Mil) to Dec. 2023 (€399 Mil) but then increased from Dec. 2023 (€399 Mil) to Mar. 2024 (€458 Mil).

Aichi Steel's annual market cap declined from Mar. 2022 (€348 Mil) to Mar. 2023 (€316 Mil) but then increased from Mar. 2023 (€316 Mil) to Mar. 2024 (€458 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. Aichi Steel's Enterprise Value for Today is €565 Mil.


Aichi Steel Market Cap Historical Data

The historical data trend for Aichi Steel'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.

Aichi Steel Market Cap Chart

Aichi Steel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 347.68 315.64 458.02

Aichi Steel 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 315.64 378.77 485.66 398.79 458.02

Competitive Comparison of Aichi Steel's Market Cap

For the Steel subindustry, Aichi Steel'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.


Aichi Steel's Market Cap Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Aichi Steel's Market Cap distribution charts can be found below:

* The bar in red indicates where Aichi Steel's Market Cap falls into.



Aichi Steel 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.

Aichi Steel's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as

Market Cap (A: Mar. 2024 )=Share Price (A: Mar. 2024 )*Shares Outstanding (EOP) (A: Mar. 2024 )
=€23.2*19.7422
=€458

Aichi Steel'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 )
=€23.2*19.7422
=€458

* 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.


Aichi Steel  (FRA:8T2) 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.


Aichi Steel Market Cap Related Terms

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Aichi Steel (FRA:8T2) Business Description

Traded in Other Exchanges
Address
1 Wanowari Araomachi, Aichi-ken, Tokai, JPN, 476-8666
Aichi Steel Corp is a Japan-based company that manufactures and sells steel, forged products and electro-magnetic products. The company operates through four segments. The steel segment manufactures and sells specialty steel, stainless steel, and titanium. The forged product segment produces a wide variety of forgings. The electromagnetic products segment manufactures electromagnetic components. The steel and forged products segments are the two biggest segments, representing the majority of Aichi Steel's sales. Aichi Steel is a member of Toyota Group. Toyota Motor and Toyota Tsusho are its major customers. The company generates most of its revenue from the Japanese domestic market.

Aichi Steel (FRA:8T2) Headlines

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