Elkem Asa Stock Market Capitalization

ELK Stock  NOK 18.21  0.17  0.92%   
Elkem ASA fundamentals help investors to digest information that contributes to Elkem ASA's financial success or failures. It also enables traders to predict the movement of Elkem Stock. The fundamental analysis module provides a way to measure Elkem ASA's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Elkem ASA stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Elkem ASA Company Market Capitalization Analysis

Elkem ASA's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Market Cap

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More About Market Capitalization | All Equity Analysis

Current Elkem ASA Market Capitalization

    
  24.28 B  
Most of Elkem ASA's fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Elkem ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Competition

Based on the recorded statements, the market capitalization of Elkem ASA is about 24.28 B. This is 157.41% higher than that of the Chemicals sector and 12.46% lower than that of the Materials industry. The market capitalization for all Norway stocks is 27.58% lower than that of the firm.

Elkem Market Capitalization Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elkem ASA's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Elkem ASA could also be used in its relative valuation, which is a method of valuing Elkem ASA by comparing valuation metrics of similar companies.
Elkem ASA is currently under evaluation in market capitalization category among its peers.

Elkem Fundamentals

About Elkem ASA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elkem ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elkem ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elkem ASA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Elkem Stock

Elkem ASA financial ratios help investors to determine whether Elkem Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Elkem with respect to the benefits of owning Elkem ASA security.