Stamford Tyres Corporation Stock

Stamford Tyres Corporation Market capitalization 2024

Stamford Tyres Corporation Market capitalization

596.04 M SGD

Ticker

S29.SI

ISIN

SG1O53913362

In 2024, Stamford Tyres Corporation's market cap stood at 596.04 M SGD, a 15.44% increase from the 516.34 M SGD market cap in the previous year.

The Stamford Tyres Corporation Market capitalization history

YEARMarket Capitalization (undefined SGD)
20230.53
20220.53
20210.55
20200.48
20190.64
20180.81
20170.78
20160.65
20150.77
20140.93
20131.04
20120.77
20110.73
20100.61
20090.44
20080.69
20071.06
20061.15
20050.97
20041.2

Stamford Tyres Corporation Aktienanalyse

What does Stamford Tyres Corporation do?

Stamford Tyres Corporation Ltd is a global provider of tires and wheels based in Singapore. The company was founded in 1930 and has undergone significant development since then. Initially, the company was limited to the local market in Singapore and only offered bicycle tires. However, Stamford Tyres has expanded its business over the years and is now a leading provider of tires and wheels for various types of vehicles. The company's business model is based on the import, export, and distribution of tires and wheels on a global scale. It works with renowned brands such as Bridgestone, Michelin, and Goodyear to offer a wide range of high-quality products. The company has diversified into various sectors to meet customer needs. In the aftermarket sector, the company focuses on selling tires and wheels to end consumers and workshops, offering a wide range of wheels and tires for various vehicles such as cars, trucks, buses, motorcycles, as well as off-road and off-road vehicles. In the motorsport sector, Stamford Tyres offers special racing tires for professional racers and teams, developed and manufactured based on research and development. Furthermore, the company is also involved in the automotive services sector, offering services such as tire mounting, balancing and alignment, as well as vehicle inspection and repair. Stamford Tyres also specializes in the industrial and transportation tire market, providing solutions for various applications such as construction and mining machinery, forklifts, and buses. The company's success is partly due to its ability to adapt to market and technological changes. In recent times, for example, the company has been involved in connectivity and digitization to provide customers with a better shopping experience. Stamford Tyres has also been a pioneer in the development of environmentally friendly products, focusing on manufacturing tires and wheels that reduce fuel consumption and thus decrease CO2 emissions. In summary, Stamford Tyres Corporation Ltd is a globally successful company specializing in the import, export, and distribution of tires and wheels. The company operates in various sectors, including the aftermarket, automotive services, motorsport, and the industrial and transportation tire market. Its products and services are developed based on research and development to meet the needs and requirements of customers. Stamford Tyres Corporation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Stamford Tyres Corporation's Market Capitalization

Stamford Tyres Corporation'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 Stamford Tyres Corporation'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

Stamford Tyres Corporation'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 Stamford Tyres Corporation’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 Stamford Tyres Corporation stock

What is the current Stamford Tyres Corporation market capitalization?

The current market capitalization of Stamford Tyres Corporation is 596.04 M SGD.

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 Stamford Tyres Corporation.

How has the market capitalization of Stamford Tyres Corporation developed in recent years?

The market capitalization of Stamford Tyres Corporation has increased/decreased by 15.44% 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 Stamford Tyres Corporation?

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 Stamford Tyres Corporation?

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 Stamford Tyres Corporation 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 Stamford Tyres Corporation pay?

Over the past 12 months, Stamford Tyres Corporation paid a dividend of 0.02 SGD . This corresponds to a dividend yield of about 6.98 %. For the coming 12 months, Stamford Tyres Corporation is expected to pay a dividend of 0.03 SGD.

What is the dividend yield of Stamford Tyres Corporation?

The current dividend yield of Stamford Tyres Corporation is 6.98 %.

When does Stamford Tyres Corporation pay dividends?

Stamford Tyres Corporation pays a quarterly dividend. This is distributed in the months of November, October, October, October.

How secure is the dividend of Stamford Tyres Corporation?

Stamford Tyres Corporation paid dividends every year for the past 16 years.

What is the dividend of Stamford Tyres Corporation?

For the upcoming 12 months, dividends amounting to 0.03 SGD are expected. This corresponds to a dividend yield of 14.15 %.

In which sector is Stamford Tyres Corporation located?

Stamford Tyres Corporation is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Stamford Tyres Corporation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Stamford Tyres Corporation from 9/24/2024 amounting to 0.005 SGD, you needed to have the stock in your portfolio before the ex-date on 9/12/2024.

When did Stamford Tyres Corporation pay the last dividend?

The last dividend was paid out on 9/24/2024.

What was the dividend of Stamford Tyres Corporation in the year 2023?

In the year 2023, Stamford Tyres Corporation distributed 0.015 SGD as dividends.

In which currency does Stamford Tyres Corporation pay out the dividend?

The dividends of Stamford Tyres Corporation are distributed in SGD.

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Andere Kennzahlen von Stamford Tyres Corporation

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