Kone Oyj Stock

Kone Oyj Market capitalization 2024

Kone Oyj Market capitalization

23.96 B EUR

Ticker

KNEBV.HE

ISIN

FI0009013403

WKN

A0ET4X

In 2024, Kone Oyj's market cap stood at 23.96 B EUR, a 3.83% increase from the 23.08 B EUR market cap in the previous year.

The Kone Oyj Market capitalization history

YEARMarket Capitalization (undefined EUR)
202323.73
202224.18
202134.23
202032.67
201925.96
201822.51
201722.57
201621.58
201519.86
201416.49
201316.33
201225.06
201110.3
20108.85
20095.6
20085.38
20075.99
20064.5
20053.49
2004-

Kone Oyj Aktienanalyse

What does Kone Oyj do?

Kone Oyj is a globally leading company in the field of elevators and escalators. The company was founded in 1910 in Helsinki, Finland by the Kamprad brothers Ivar and Knut. Initially, the business focused on elevator and motor shaft repairs before manufacturing its first elevator in 1918. Since then, the company has continuously developed and is now active in over 60 countries worldwide. Kone's business model is based on the design, manufacturing, and sale of elevators, escalators, and automatic doors. The company focuses on developing innovative solutions to make the transportation of people and goods more efficient. Kone works closely with its customers to find individual solutions for each specific requirement. Kone offers a wide range of products and services tailored to the different needs of its customers. In the elevator sector, the offering includes passenger and freight elevators, special elevators for hospitals and hotels, as well as panoramic and scenic rides. The company also offers escalators and moving walkways for retail and public transportation. Additionally, Kone provides automatic doors for public and private areas. Kone has also adapted to the field of maintenance and modernization. The company has its own service organizations responsible for the maintenance and upkeep of elevators and escalators. Customers can choose from a variety of service contracts to ensure their elevators and escalators are kept in perfect condition. Kone aims to increase the availability and sustainability of elevators and escalators to ensure more efficient operations and a longer lifespan. The company also has a clear vision for the future focused on innovative technologies to enhance the customer experience. The company is divided into four business areas: New Equipment, Maintenance, Modernization, and Supply Chain. The New Equipment division is responsible for the development of new elevators, escalators, and automatic doors. The Maintenance division handles the maintenance and repair of elevators, escalators, and doors. The Modernization division takes care of the modernization and renovation of old elevators and escalators to bring them up to the latest technological standards. The Supply Chain division is responsible for Kone's procurement and supply chain management. In recent years, Kone has increasingly focused on the use of technologies such as digital tools and data analytics to optimize its services and products. The company has launched its own digital platform that allows customers to monitor their elevators and escalators in real-time and receive reports and notifications about the condition of their devices. In summary, Kone Oyj is a leading company in the field of transportation. The company offers a wide range of products and services tailored to the specific requirements of its customers. Kone values innovation, sustainability, and service quality and aims to constantly improve the customer experience and connect people through their transportation systems. Kone Oyj ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Kone Oyj's Market Capitalization

Kone Oyj'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 Kone Oyj'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

Kone Oyj'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 Kone Oyj’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 Kone Oyj stock

What is the current Kone Oyj market capitalization?

The current market capitalization of Kone Oyj is 23.96 B EUR.

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 Kone Oyj.

How has the market capitalization of Kone Oyj developed in recent years?

The market capitalization of Kone Oyj has increased/decreased by 3.83% 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 Kone Oyj?

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 Kone Oyj?

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 Kone Oyj 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 Kone Oyj pay?

Over the past 12 months, Kone Oyj paid a dividend of 1.75 EUR . This corresponds to a dividend yield of about 3.78 %. For the coming 12 months, Kone Oyj is expected to pay a dividend of 1.8 EUR.

What is the dividend yield of Kone Oyj?

The current dividend yield of Kone Oyj is 3.78 %.

When does Kone Oyj pay dividends?

Kone Oyj pays a quarterly dividend. This is distributed in the months of April, April, April, April.

How secure is the dividend of Kone Oyj?

Kone Oyj paid dividends every year for the past 24 years.

What is the dividend of Kone Oyj?

For the upcoming 12 months, dividends amounting to 1.8 EUR are expected. This corresponds to a dividend yield of 3.88 %.

In which sector is Kone Oyj located?

Kone Oyj is assigned to the 'Industry' sector.

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

To receive the latest dividend of Kone Oyj from 3/11/2024 amounting to 1.75 EUR, you needed to have the stock in your portfolio before the ex-date on 3/1/2024.

When did Kone Oyj pay the last dividend?

The last dividend was paid out on 3/11/2024.

What was the dividend of Kone Oyj in the year 2023?

In the year 2023, Kone Oyj distributed 1.75 EUR as dividends.

In which currency does Kone Oyj pay out the dividend?

The dividends of Kone Oyj are distributed in EUR.

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Andere Kennzahlen von Kone Oyj

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