What is the current Ormet market capitalization?
The current market capitalization of Ormet is 186,109.4 USD.
Ormet Market capitalization 2024
Ormet Market capitalization
186,109.4 USD
Ticker
ORMTQ
ISIN
US6867011032
In 2024, Ormet's market cap stood at 186,109.4 USD, a 4,933.76% increase from the 3,697.23 USD market cap in the previous year.
The Ormet Market capitalization history
| YEAR | Market Capitalization (undefined USD) |
|---|---|
| 2011 | 0.19 |
| 2010 | 65.54 |
| 2009 | - |
| 2008 | - |
| 2007 | - |
Ormet Aktienanalyse
What does Ormet do?
Ormet Corp is a company specialized in the production of aluminum products. The company is headquartered in Hannibal, Ohio and was founded in 1956 by Cyrus Eaton. Originally named Ormet Aluminum Corp, the company was renamed Ormet Corp in 2013. The history of Ormet Corp begins when Cyrus Eaton acquired the company from Ohio Power. Eaton had previously invested in another aluminum company and recognized the potential of Ormet. With the acquisition, he was able to transform the company into a leading aluminum company in the US. In the 1970s, Ormet Corp expanded into other business areas, such as the production of aluminum wire and sheets, the manufacturing of refined aluminum products, and the production of high-performance alloys. The business model of Ormet Corp is based on the production of aluminum semis and plates, which are used in various industries such as automotive, aerospace, construction, and electronics. Ormet Corp specializes in producing high-quality aluminum that meets the highest standards. To achieve this, the company focuses on continuous improvement of its manufacturing processes and intensive research and development. Ormet Corp is divided into three different divisions: the Ormet Primary Aluminum Division, the Ormet Rolling Mill Division, and the Ormet Fabrication Division. The Ormet Primary Aluminum Division is responsible for the production of aluminum raw materials. The company operates several aluminum melting furnaces and foundries where Al plates and strands are produced. The Ormet Rolling Mill Division is responsible for further processing these products. The division operates several rolling mills where aluminum plates and sheets are produced. Ormet Corp is an important supplier of aluminum rolls and sheets for the automotive and aerospace industries. The Ormet Fabrication Division is responsible for the fabrication of refined aluminum products. The company offers a wide range of aluminum solutions, such as casings for electronic devices, stainless aluminum-steel honeycomb panels, and plate heat exchangers. Ormet Corp's product range includes aluminum strands, plates and sheets, anodes, cathodes, carbon products, aluminum profiles and tubes, as well as aluminum components made from rolled material. The company can offer its products in various sizes, thicknesses, and alloys to meet the requirements of different industries. Ormet Corp also operates its own research and development department, where new aluminum alloys and products are developed. Although Ormet Corp is a significant company in the aluminum industry, it has faced financial difficulties in the past. In December 2012, Ormet Corp filed for bankruptcy under Chapter 11 of the US bankruptcy law. One factor that led to this decision was the high price of energy that the company had to pay to operate its furnaces and rolling mills. After reducing its costs, the company was able to resume operations in 2014. Ormet ist eines der beliebtesten Unternehmen auf Eulerpool.com.Market capitalization Details
Exploring Ormet's Market Capitalization
Ormet'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 Ormet'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
Ormet'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 Ormet’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 Ormet stock
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 Ormet.
How has the market capitalization of Ormet developed in recent years?
The market capitalization of Ormet has increased/decreased by 4,933.76% 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 Ormet?
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 Ormet?
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 Ormet 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 Ormet pay?
Over the past 12 months, Ormet paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Ormet is expected to pay a dividend of 0 USD.
What is the dividend yield of Ormet?
The current dividend yield of Ormet is .
When does Ormet pay dividends?
Ormet pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Ormet?
Ormet paid dividends every year for the past 0 years.
What is the dividend of Ormet?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Ormet located?
Ormet is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Ormet kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Ormet from 11/17/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/17/2024.
When did Ormet pay the last dividend?
The last dividend was paid out on 11/17/2024.
What was the dividend of Ormet in the year 2023?
In the year 2023, Ormet distributed 0 USD as dividends.
In which currency does Ormet pay out the dividend?
The dividends of Ormet are distributed in USD.
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Andere Kennzahlen von Ormet
Our stock analysis for Ormet 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 Ormet Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
