ASX Stock

ASX Market capitalization 2024

ASX Market capitalization

12.36 B AUD

Ticker

ASX.AX

ISIN

AU000000ASX7

WKN

916902

In 2024, ASX's market cap stood at 12.36 B AUD, a 11.08% increase from the 11.13 B AUD market cap in the previous year.

The ASX Market capitalization history

YEARMarket Capitalization (undefined AUD)
202412.36
202312.17
202215.26
202115.16
202015.82
201914.98
201811.71
201710.14
20168.81
20157.89
20146.95
20136.3
20125.34
20115.6
20105.77
20095.6
20086.12
20078.12
20063.44
20052.53

ASX Aktienanalyse

What does ASX do?

ASX Ltd. (Australian Securities Exchange Limited) is the largest stock exchange in Australia and one of the most important exchanges worldwide. The company was founded in 1987 through the merger of the six regional stock exchanges in Australia. Today, ASX Ltd. is headquartered in Sydney and employs over 500 employees. The business model of ASX Ltd. is simple: the company offers companies a platform for the issuance and trading of securities. The offering includes stocks, bonds, futures contracts, and options. ASX Ltd. operates as a marketplace, bringing buyers and sellers of securities together. The company ensures smooth transaction processing and ensures that all parties have access to the same information. Over the years, ASX Ltd. has become an important player in the global capital market. The company has continuously expanded its offering and is now active in various sectors. An important role is played by ASX Clearing Corporation, which is responsible for transaction processing. Through collaborations with other exchanges worldwide, ASX Ltd. also ensures a more global orientation. In addition to securities brokerage, ASX Ltd. is also involved in indexing. The company operates the well-known S&P/ASX 200 Index, which reflects the performance of Australia's 200 largest companies. The index is an important indicator for the development of the Australian economy and is used by investors worldwide. ASX Ltd. also offers various products to support investors in trading securities. These include the ASX Trade24 system, which enables round-the-clock trading of futures and options, as well as the ASX Centre Point Dark Pool, which is used for anonymous trading of stocks. In recent years, ASX Ltd. has also increased its investment in new technologies and innovations. The company has partnered with blockchain firm Digital Asset Holdings and is working on developing a platform for securities trading based on blockchain technology. Overall, ASX Ltd. has become an important player in the global capital market. Through the expansion of its offerings and partnerships with other exchanges worldwide, the company has strengthened its position and is well positioned for the future. ASX ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring ASX's Market Capitalization

ASX's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of ASX's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

ASX's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in ASX’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about ASX stock

What is the current ASX market capitalization?

The current market capitalization of ASX is 12.36 B AUD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like ASX.

How has the market capitalization of ASX developed in recent years?

The market capitalization of ASX has increased/decreased by 11.08% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of ASX?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of ASX?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of ASX have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does ASX pay?

Over the past 12 months, ASX paid a dividend of 1.45 AUD . This corresponds to a dividend yield of about 2.26 %. For the coming 12 months, ASX is expected to pay a dividend of 1.39 AUD.

What is the dividend yield of ASX?

The current dividend yield of ASX is 2.26 %.

When does ASX pay dividends?

ASX pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of ASX?

ASX paid dividends every year for the past 24 years.

What is the dividend of ASX?

For the upcoming 12 months, dividends amounting to 1.39 AUD are expected. This corresponds to a dividend yield of 2.18 %.

In which sector is ASX located?

ASX is assigned to the 'Finance' sector.

Wann musste ich die Aktien von ASX kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of ASX from 3/27/2024 amounting to 1.446 AUD, you needed to have the stock in your portfolio before the ex-date on 3/1/2024.

When did ASX pay the last dividend?

The last dividend was paid out on 3/27/2024.

What was the dividend of ASX in the year 2023?

In the year 2023, ASX distributed 3.261 AUD as dividends.

In which currency does ASX pay out the dividend?

The dividends of ASX are distributed in AUD.

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Andere Kennzahlen von ASX

Our stock analysis for ASX Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of ASX Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.