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). Nitta's share price for the quarter that ended in Dec. 2023 was 円3675. Nitta's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 28 Mil. Therefore, Nitta's market cap for the quarter that ended in Dec. 2023 was 円102,497 Mil.
Nitta's quarterly market cap
increased
from Jun. 2023 (円84,801 Mil) to Sep. 2023 (円92,308 Mil) and
increased
from Sep. 2023 (円92,308 Mil) to Dec. 2023 (円102,497 Mil).
Nitta's annual market cap
increased
from Mar. 2022 (円78,176 Mil) to Mar. 2023 (円81,625 Mil) and
increased
from Mar. 2023 (円81,625 Mil) to Mar. 2024 (円111,322 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. Nitta's Enterprise Value for Today is 円71,247 Mil.
Nitta Market Cap Historical Data
The historical data trend for Nitta'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.
For the Specialty Industrial Machinery subindustry, Nitta'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.
Nitta's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nitta's Market Cap distribution charts can be found below:
* The bar in red indicates where Nitta's Market Cap falls into.
Nitta 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.
Nitta's Market Cap for the fiscal year that ended in Mar. 2024 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.
Nitta (TSE:5186) 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.
Nitta Market Cap Related Terms
Thank you for viewing the detailed overview of Nitta's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Nitta Corp is a Japan-based company that manufactures and distributes a wide range of industrial products. The company's product line comprises conveyor belts and units, tubes and fittings, industrial wiper and molded rubber products, mechatronic products, magnetic sheets, and so on. The company's conveyor belt products are distributed under trademarks including PolySprint, Polybelt, New Light Grip, and SEB. The company's conveyor unit products include curve conveyor units, spiral conveyor units, and nonsnaking conveyor units. Nitta Corp's tube and fitting products are applied in pneumatic equipment, semiconductor equipment, industrial robots, and others. The company's wiper products include slide seals, lip seals, telesco seals, and others.
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