Rank Group Stock

Rank Group Market capitalization 2024

Rank Group Market capitalization

396.27 M GBP

Ticker

RNK.L

ISIN

GB00B1L5QH97

WKN

A0LGPG

In 2024, Rank Group's market cap stood at 396.27 M GBP, a 14.67% increase from the 345.56 M GBP market cap in the previous year.

The Rank Group Market capitalization history

YEARMarket Capitalization (undefined GBP)
20240.4
20230.4
20220.48
20210.72
20200.64
20190.7
20180.72
20170.87
20160.9
20150.89
20140.61
20130.61
20120.52
20100.45
20090.28
20080.3
20070.78
20061.61
20052.07
20042.11

Rank Group Aktienanalyse

What does Rank Group do?

Rank Group PLC is a British company specializing in gambling and leisure activities. Founded in 1937, the company started as a film distributor and opened the first Grosvenor Casino in the UK in 1970. Since then, it has become a major player in the gambling industry and now operates a range of casinos and bingo clubs in Europe. The business model of Rank Group is based on providing entertainment experiences for its customers. The main source of revenue is the casinos and bingo halls operated by the company. The divisions of Rank Group are divided into two segments: Grosvenor Casinos and Mecca Bingo. Grosvenor is the largest division and includes the Grosvenor Casino brand as well as the Enracha brand in Spain. Mecca Bingo includes the British Mecca Bingo network. Grosvenor Casinos offer a variety of games, from traditional slot machines to live casino games operated by real dealers in real time. The casinos also offer a wide range of entertainment options, including bars and restaurants, as well as events such as concerts and comedy acts. Mecca Bingo clubs offer bingo games as well as a variety of slots and electronic table games. The company also has an online platform for bingo and casino games. Mecca Bingo primarily caters to women aged 35 to 54, while Grosvenor Casinos appeal to a broader audience. Rank Group has also acquired other companies in the past to expand its business, such as the Swiss arcade chain Casinos Schaanwald or the Belgian Kursaal Casino. Additionally, the company has partnered with online gambling company 888 Holdings plc to develop a joint platform for online casinos and bingo. Rank Group also emphasizes responsible gambling in its business strategy. Compliance with rules and regulations is central to the company, and it is committed to responsible gaming and the protection of vulnerable players. Overall, Rank Group is a significant player in the gambling industry in Europe. With a wide range of casinos and bingo clubs as well as an online platform, the company offers its customers a variety of entertainment options. The company also emphasizes its commitment to conducting gambling in a responsible manner and pursues a sustainable business strategy of continued growth and diversification. Rank Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Rank Group's Market Capitalization

Rank 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 Rank 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

Rank 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 Rank 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 Rank Group stock

What is the current Rank Group market capitalization?

The current market capitalization of Rank Group is 396.27 M GBP.

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 Rank Group.

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

The market capitalization of Rank Group has increased/decreased by 14.67% 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 Rank 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 Rank 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 Rank 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 Rank Group pay?

Over the past 12 months, Rank Group paid a dividend of 0.01 GBP . This corresponds to a dividend yield of about 1 %. For the coming 12 months, Rank Group is expected to pay a dividend of 0.01 GBP.

What is the dividend yield of Rank Group?

The current dividend yield of Rank Group is 1 %.

When does Rank Group pay dividends?

Rank Group pays a quarterly dividend. This is distributed in the months of March, October, March, October.

How secure is the dividend of Rank Group?

Rank Group paid dividends every year for the past 4 years.

What is the dividend of Rank Group?

For the upcoming 12 months, dividends amounting to 0.01 GBP are expected. This corresponds to a dividend yield of 1 %.

In which sector is Rank Group located?

Rank Group is assigned to the 'Cyclical consumption' sector.

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

To receive the latest dividend of Rank Group from 10/25/2024 amounting to 0.009 GBP, you needed to have the stock in your portfolio before the ex-date on 9/19/2024.

When did Rank Group pay the last dividend?

The last dividend was paid out on 10/25/2024.

What was the dividend of Rank Group in the year 2023?

In the year 2023, Rank Group distributed 0 GBP as dividends.

In which currency does Rank Group pay out the dividend?

The dividends of Rank Group are distributed in GBP.

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Andere Kennzahlen von Rank Group

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