Boart Longyear Group Stock

Boart Longyear Group Market capitalization 2024

Boart Longyear Group Market capitalization

556.5 M USD

Ticker

BLY.AX

ISIN

AU000000BLY8

WKN

A0MMA7

In 2024, Boart Longyear Group's market cap stood at 556.5 M USD, a 45.31% increase from the 382.98 M USD market cap in the previous year.

The Boart Longyear Group Market capitalization history

YEARMarket Capitalization (undefined USD)
20230.56
20220.47
20210.07
20200
20190
20180.01
20170.02
20160
20150.09
20140.1
20130.39
20121.27
20111.8
20101.4
20090.53
20084.05
20075.63
2006-

Boart Longyear Group Aktienanalyse

What does Boart Longyear Group do?

Boart Longyear Ltd is a globally operating company specializing in providing drilling services, drilling equipment, and technical services for the mining and geotechnical industry. The company was founded in 1890 and is headquartered in Salt Lake City, Utah, USA, with offices and operations in over 30 countries. The company's history begins with its founder, Edmund J. Longyear, who as a young geologist discovered gold, silver, copper, and iron in the lake and river deposits of Minnesota and Michigan, but had difficulties successfully accessing the deposits. He realized that he needed specialized equipment and drilling techniques, and in 1890 he founded the E. J. Longyear Company in Minneapolis, Minnesota, to develop and manufacture such equipment. The company grew rapidly and in the 1930s expanded its offerings to include core drilling equipment used for mineral exploration and geotechnical investigations. In the following decades, Longyear further diversified its business by entering areas such as resource exploration, oil and gas drilling, mining services, and environmental monitoring. In 2005, Longyear merged with the British company Boart International to form Boart Longyear Ltd. This new merger allowed the company to expand its global presence and extend its business activities to a broader market. Boart Longyear is divided into four business units: Global Products and Services, Global Drilling Services, Global Exploration and Environmental, and Global Mining. Each of these units caters to different customer needs and offers specialized equipment to meet those needs. Global Products and Services includes the manufacturing and sale of drilling tools, drilling equipment, and wear parts for the mining and geotechnical industry. The company also offers services such as maintenance, repair, and training for customer equipment. Global Drilling Services provides comprehensive drilling services for mining, oil and gas, environmental, and geotechnical projects. This includes planning, execution, and monitoring of drilling activities throughout the project life cycle, as well as specialized services such as core drilling and exploration. Global Exploration and Environmental specializes in exploration and technical services for the mineral, oil and gas, geotechnical, and environmental industries. The company offers comprehensive services such as sampling and analysis, deposit mapping, and quality assurance and quality control of drill cores. Global Mining offers specialized mining services such as drilling services, material sampling and analysis, data collection and management, and geotechnical and environmental monitoring. Boart Longyear also offers a variety of products and services tailored to customer needs. This includes the design, engineering, and manufacturing of custom drilling equipment and tools, as well as application-specific engineering services. Overall, Boart Longyear has established itself as a reliable partner for drilling and exploration work in the mining, geotechnical, and environmental sectors. With over 120 years of industry experience, global presence, and diverse business units, the company is well positioned to continue growing in the coming years and providing its customers with top-notch drilling services, drilling equipment, and technical services. Boart Longyear Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Boart Longyear Group's Market Capitalization

Boart Longyear Group'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 Boart Longyear Group'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

Boart Longyear Group'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 Boart Longyear Group’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 Boart Longyear Group stock

What is the current Boart Longyear Group market capitalization?

The current market capitalization of Boart Longyear Group is 556.5 M USD.

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 Boart Longyear Group.

How has the market capitalization of Boart Longyear Group developed in recent years?

The market capitalization of Boart Longyear Group has increased/decreased by 45.31% 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 Boart Longyear Group?

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 Boart Longyear Group?

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 Boart Longyear Group 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 Boart Longyear Group pay?

Over the past 12 months, Boart Longyear Group paid a dividend of 3.32 USD . This corresponds to a dividend yield of about 176.58 %. For the coming 12 months, Boart Longyear Group is expected to pay a dividend of 0 USD.

What is the dividend yield of Boart Longyear Group?

The current dividend yield of Boart Longyear Group is 176.58 %.

When does Boart Longyear Group pay dividends?

Boart Longyear Group pays a quarterly dividend. This is distributed in the months of October, May, October, May.

How secure is the dividend of Boart Longyear Group?

Boart Longyear Group paid dividends every year for the past 0 years.

What is the dividend of Boart Longyear Group?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Boart Longyear Group located?

Boart Longyear Group is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Boart Longyear Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Boart Longyear Group from 4/12/2013 amounting to 0.011 USD, you needed to have the stock in your portfolio before the ex-date on 3/8/2013.

When did Boart Longyear Group pay the last dividend?

The last dividend was paid out on 4/12/2013.

What was the dividend of Boart Longyear Group in the year 2023?

In the year 2023, Boart Longyear Group distributed 0 USD as dividends.

In which currency does Boart Longyear Group pay out the dividend?

The dividends of Boart Longyear Group are distributed in USD.

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Andere Kennzahlen von Boart Longyear Group

Our stock analysis for Boart Longyear Group 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 Boart Longyear Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.