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Nishat Mills (KAR:NML) Market Cap : ₨24,703 Mil (As of Jun. 10, 2024)


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What is Nishat Mills 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). Nishat Mills's share price for the quarter that ended in Mar. 2024 was ₨66.33. Nishat Mills's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 352 Mil. Therefore, Nishat Mills's market cap for the quarter that ended in Mar. 2024 was ₨23,322 Mil.

Nishat Mills's quarterly market cap increased from Sep. 2023 (₨21,388 Mil) to Dec. 2023 (₨26,975 Mil) but then declined from Dec. 2023 (₨26,975 Mil) to Mar. 2024 (₨23,322 Mil).

Nishat Mills's annual market cap declined from Jun. 2021 (₨32,804 Mil) to Jun. 2022 (₨25,987 Mil) and declined from Jun. 2022 (₨25,987 Mil) to Jun. 2023 (₨19,960 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. Nishat Mills's Enterprise Value for Today is ₨93,560 Mil.


Nishat Mills Market Cap Historical Data

The historical data trend for Nishat Mills'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.

Nishat Mills Market Cap Chart

Nishat Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32,818.34 27,428.32 32,804.28 25,986.76 19,960.33

Nishat Mills 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 18,501.19 19,960.33 21,387.83 26,974.75 23,321.63

Competitive Comparison of Nishat Mills's Market Cap

For the Textile Manufacturing subindustry, Nishat Mills'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.


Nishat Mills's Market Cap Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nishat Mills's Market Cap distribution charts can be found below:

* The bar in red indicates where Nishat Mills's Market Cap falls into.



Nishat Mills 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.

Nishat Mills's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as

Market Cap (A: Jun. 2023 )=Share Price (A: Jun. 2023 )*Shares Outstanding (EOP) (A: Jun. 2023 )
=₨56.77*351.6
=₨19,960

Nishat Mills'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 )
=₨66.33*351.6
=₨23,322

* 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.


Nishat Mills  (KAR:NML) 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.


Nishat Mills Market Cap Related Terms

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Nishat Mills (KAR:NML) Business Description

Traded in Other Exchanges
N/A
Address
7, Main Gulberg, Lahore, PB, PAK, 54660
Nishat Mills Ltd is a textile manufacturing firm in Pakistan. The firm produces cotton and also owns the weaving facility in Pakistan catering to home textile and apparel fabrics. The company conducts its activities through multiple segments such as Spinning, Weaving, Dyeing, Home Textile and Terry, Garments and Power Generation. Its processing facilities are specially made to handle heavyweight fabrics like twills, drills, canvases/poplins, fabrics with minimum tension such as stretch fabrics and all high-density weaves. The business also exports to Europe, the United States of America, Asia, Africa and Australia. The firm caters to domestic and international markets.