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Magic Empire Global (Magic Empire Global) Market Cap : $12.97 Mil (As of May. 28, 2024)


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What is Magic Empire Global 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). Magic Empire Global's share price for the quarter that ended in Dec. 2023 was $1.1835. Magic Empire Global's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 20.26 Mil. Therefore, Magic Empire Global's market cap for the quarter that ended in Dec. 2023 was $23.97 Mil.

Magic Empire Global's quarterly market cap increased from Dec. 2022 ($26.13 Mil) to Jun. 2023 ($35.04 Mil) but then declined from Jun. 2023 ($35.04 Mil) to Dec. 2023 ($23.97 Mil).

Magic Empire Global's annual market cap increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($26.13 Mil) but then declined from Dec. 2022 ($26.13 Mil) to Dec. 2023 ($23.97 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. Magic Empire Global's Enterprise Value for Today is $1.39 Mil.

Magic Empire Global Market Cap Historical Data

The historical data trend for Magic Empire Global'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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Magic Empire Global Market Cap Chart

Magic Empire Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Market Cap
- - 26.13 23.97

Magic Empire Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Market Cap Get a 7-Day Free Trial - - 26.13 35.04 23.97

Competitive Comparison of Magic Empire Global's Market Cap

For the Capital Markets subindustry, Magic Empire Global'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.

Magic Empire Global's Market Cap Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Magic Empire Global's Market Cap distribution charts can be found below:

* The bar in red indicates where Magic Empire Global's Market Cap falls into.


Magic Empire Global 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.

Magic Empire Global'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 )
=$1.1835*20.2561
=$23.97

Magic Empire Global'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 )
=$1.1835*20.2561
=$23.97

* 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.

Magic Empire Global  (NAS:MEGL) 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.

Magic Empire Global Market Cap Related Terms

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Magic Empire Global (Magic Empire Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Magic Empire Global Ltd (NAS:MEGL) » Definitions » Market Cap
Comparable Companies
TCJH BTCS ATIF MIGI COHN BETS SAI OLKR PHIL CRMZ MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW SHSE:601688
Traded in Other Exchanges
N/A
Address
3/F, 8 Wyndham Street, Central, Hong Kong, HKG
Website
https://www.meglmagic.com
Magic Empire Global Ltd is a financial services provider in Hong Kong which principally engaged in the provision of corporate finance advisory services and underwriting services.