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). Shake Shack's share price for the quarter that ended in Dec. 2023 was $74.12. Shake Shack's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 39 Mil. Therefore, Shake Shack's market cap for the quarter that ended in Dec. 2023 was $2,926 Mil.
Shake Shack's quarterly market cap
declined
from Jun. 2023 ($3,066 Mil) to Sep. 2023 ($2,292 Mil) but then
increased
from Sep. 2023 ($2,292 Mil) to Dec. 2023 ($2,926 Mil).
Shake Shack's annual market cap
declined
from Dec. 2021 ($2,825 Mil) to Dec. 2022 ($1,632 Mil) but then
increased
from Dec. 2022 ($1,632 Mil) to Dec. 2023 ($2,926 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. Shake Shack's Enterprise Value for Today is $4,481 Mil.
Shake Shack Market Cap Historical Data
The historical data trend for Shake Shack'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.
Competitive Comparison of Shake Shack's Market Cap
For the Restaurants subindustry, Shake Shack'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.
Shake Shack's Market Cap Distribution in the Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Shake Shack's Market Cap distribution charts can be found below:
* The bar in red indicates where Shake Shack's Market Cap falls into.
Shake Shack 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.
Shake Shack's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Shake Shack (NYSE:SHAK) 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.
Shake Shack Market Cap Related Terms
Thank you for viewing the detailed overview of Shake Shack's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Shake Shack Inc is a roadside burger stands. It is serving a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, crinkle-cut fries, shakes, beer, wine and more. The company's burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order and served on a non-genetically modified organism (GMO) potato bun. Its menu focuses on food and beverages, crafted from a range of classic American foods. The company serves draft Root Beer, seasonal freshly-squeezed lemonade, organic fresh brewed iced tea, cold brew coffee, organic apple juice, and Shack20 bottled water.
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