The total stock-market value of a company: share price × total number of shares. Answers „What does the whole company cost?" – and is more honest than the share price alone (a price of €500 by itself says nothing about whether the firm is big or expensive).
Size classes:
MoatLens tip: Always separate price from value. The market cap is just the price the market is calling out today – sometimes too optimistic, sometimes too fearful – not necessarily the true worth. Your job is to judge the value yourself and exploit such moods rather than follow them. Large firms tend to be steadier, small ones can grow faster but swing more.
In MoatLens this explanation sits right next to the number — one tap away. And you see the ten-year trend instead of a single value.
