Fortune Real Estate Investment Trust (HKSE:00778) Market Cap : HK$8,206 Mil (As of Jun. 08, 2024)

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What is Fortune Real Estate Investment Trust 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). Fortune Real Estate Investment Trust's share price for the quarter that ended in Dec. 2023 was HK$4.96. Fortune Real Estate Investment Trust's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 2,015 Mil. Therefore, Fortune Real Estate Investment Trust's market cap for the quarter that ended in Dec. 2023 was HK$9,993 Mil.

Fortune Real Estate Investment Trust's quarterly market cap declined from Dec. 2022 (HK$12,602 Mil) to Jun. 2023 (HK$11,263 Mil) and declined from Jun. 2023 (HK$11,263 Mil) to Dec. 2023 (HK$9,993 Mil).

Fortune Real Estate Investment Trust's annual market cap declined from Dec. 2021 (HK$15,780 Mil) to Dec. 2022 (HK$12,602 Mil) and declined from Dec. 2022 (HK$12,602 Mil) to Dec. 2023 (HK$9,993 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. Fortune Real Estate Investment Trust's Enterprise Value for Today is HK$17,758 Mil.

Fortune Real Estate Investment Trust Market Cap Historical Data

The historical data trend for Fortune Real Estate Investment Trust'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.

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Fortune Real Estate Investment Trust Market Cap Chart

Fortune Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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17,644.78

14,397.84

15,780.02

12,601.57

9,992.76

Fortune Real Estate Investment Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Market Cap	Get a 7-Day Free Trial															15,780.02	12,886.12	12,601.57	11,262.91	9,992.76

Competitive Comparison of Fortune Real Estate Investment Trust's Market Cap

For the REIT - Retail subindustry, Fortune Real Estate Investment Trust'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.

Fortune Real Estate Investment Trust's Market Cap Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fortune Real Estate Investment Trust's Market Cap distribution charts can be found below:

* The bar in red indicates where Fortune Real Estate Investment Trust's Market Cap falls into.

Fortune Real Estate Investment Trust 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.

Fortune Real Estate Investment Trust'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 )
	=	HK$4.96	*	2014.67
	=	HK$9,993

Fortune Real Estate Investment Trust'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 )
	=	HK$4.96	*	2014.67
	=	HK$9,993

Fortune Real Estate Investment Trust (HKSE:00778) 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.

Fortune Real Estate Investment Trust Market Cap Related Terms

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Fortune Real Estate Investment Trust (HKSE:00778) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fortune Real Estate Investment Trust (HKSE:00778) » Definitions » Market Cap

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Traded in Other Exchanges

FRIVF:USA

Address

5 Temasek Boulevard, No. 12-01, Suntec Tower 5, Singapore, SGP, 038985

Website

https://www.fortunereit.com

Fortune Real Estate Investment Trust is a real estate company that invests in retail shopping malls located in Hong Kong and Singapore with the primary objective of producing stable distributions for unitholders and achieving long-term growth in the net asset value per unit. The trust generates the majority of its revenue from rents and leases, with the remaining revenue from utility charges, management fees, car park revenue, license fees, and other sources. Fortune REIT's tenants include supermarkets, banking, and real estate services companies, restaurants, convenience stores, and general retailers.

Executives

Ck Asset Holdings Limited
Li Ka-shing

Fortune Real Estate Investment Trust (HKSE:00778) Headlines

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