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Solvay (XBRU:SOLB) Market Cap : €3,603 Mil (As of May. 14, 2024)


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What is Solvay 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). Solvay's share price for the quarter that ended in Mar. 2024 was €25.3. Solvay's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 105 Mil. Therefore, Solvay's market cap for the quarter that ended in Mar. 2024 was €2,657 Mil.

Solvay's quarterly market cap increased from Sep. 2023 (€2,162 Mil) to Dec. 2023 (€2,912 Mil) but then declined from Dec. 2023 (€2,912 Mil) to Mar. 2024 (€2,657 Mil).

Solvay's annual market cap declined from Dec. 2021 (€2,107 Mil) to Dec. 2022 (€1,950 Mil) but then increased from Dec. 2022 (€1,950 Mil) to Dec. 2023 (€2,912 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. Solvay's Enterprise Value for Today is €5,189 Mil.


Solvay Market Cap Historical Data

The historical data trend for Solvay'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.

Solvay Market Cap Chart

Solvay Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,125.07 1,988.11 2,107.08 1,949.93 2,911.87

Solvay 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 2,171.99 2,109.11 2,161.68 2,911.87 2,656.70

Competitive Comparison of Solvay's Market Cap

For the Chemicals subindustry, Solvay'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.


Solvay's Market Cap Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Solvay's Market Cap distribution charts can be found below:

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



Solvay 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.

Solvay'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 )
=€27.73*105.008
=€2,912

Solvay'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 )
=€25.3*105.008
=€2,657

* 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.


Solvay  (XBRU:SOLB) 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.


Solvay Market Cap Related Terms

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Solvay (XBRU:SOLB) Business Description

Address
Rue De Ransbeek, 310, Brussels, BEL, B-1120
Solvay is a Belgium-based producer of chemicals, plastics, and composites. The company has a top-three market position for nearly all of its products. Key business segments include materials, chemicals, and solutions. High-value products include aerospace composites and specialty polymers while traditional chemical products include soda ash and hydrogen peroxide. Geographical exposure is relatively balanced, with Europe, North America, and Asia each contributing a third of sales.

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