Nippon Building Fund's quarterly market cap
declined
from Dec. 2022 (円1,000,182 Mil) to Jun. 2023 (円962,760 Mil) but then
increased
from Jun. 2023 (円962,760 Mil) to Dec. 2023 (円1,039,305 Mil).
Nippon Building Fund's annual market cap
declined
from Dec. 2021 (円1,107,175 Mil) to Dec. 2022 (円1,000,182 Mil) but then
increased
from Dec. 2022 (円1,000,182 Mil) to Dec. 2023 (円1,039,305 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. Nippon Building Fund's Enterprise Value for Today is 円1,594,211 Mil.
Nippon Building Fund Market Cap Historical Data
The historical data trend for Nippon Building Fund'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 Nippon Building Fund's Market Cap
For the REIT - Office subindustry, Nippon Building Fund'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.
Nippon Building Fund's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Nippon Building Fund's Market Cap distribution charts can be found below:
* The bar in red indicates where Nippon Building Fund's Market Cap falls into.
Nippon Building Fund 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.
Nippon Building Fund'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.
Nippon Building Fund (TSE:8951) 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.
Nippon Building Fund Market Cap Related Terms
Thank you for viewing the detailed overview of Nippon Building Fund's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Nippon Building Fund (TSE:8951) Business Description
Nippon Building Fund Inc is a Japanese real estate investment trust engaged in the acquisition, ownership, and leasing of properties in the Greater Tokyo area. The company's real estate portfolio is primarily comprised of large corporate office buildings. The majority of these are located in the five wards of Tokyo's central business district. Office space located throughout the rest of Tokyo also makes up a substantial percentage of Nippon Building Fund's assets. The company derives the majority of its income in the form of rental revenue from tenants. Nippon Building Fund's largest customers are firms from the service, electrical equipment, and information and communications industries in terms of square footage used.
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