Jeevan Bikas Laghubitta Becomes ‘Highest Market Cap’ Microfinance Company

February 20, 2022 | Investopaper

The market capitalization of a company refers to the total market value of the outstanding shares of that company. So, basically the market capitalization (also known as market cap or market value) of a company is obtained by multiplying the market price per share to the number of outstanding shares of that company. This calculation will help you to determine the size and the strength of the company in the market.


Related:

Net Profit Of Microfinance Companies Listed In Nepal Stock Exchange

Earnings Per Share (EPS) Of Microfinance Companies In Nepal


Market capitalization can be helpful to diversify your portfolio because it is essential to pick different sized companies to minimize the risk associated with your investment. One of the basic features of blue-chip stocks is large market capitalization. On the other hand, the company with small market capitalization can become the most valuable companies in your portfolio if they become successful. But they have a high risk compared to large-cap companies.

Market cap is also a useful metric to determine the changing position of a company in the stock market either it be large, medium or small companies. Likewise, it also reflects the overall market behavior and sentiment too. For instance, when the total market cap of a Nepalese stock market increases on a daily basis for a time period, it is understandable that the market is on an upward trend and vice versa.

In order to compute the market capitalization of a company, we should know the current market price and the total listed shares of the company. Here we have presented the market cap of microfinance companies listed in Nepal Stock Exchange.

Market Capitalization Of Microfinance Companies Listed In Nepal Stock Exchange

SN Name  Symbol  Market Cap (In Rs Arba)
1 Jeevan Bikas Laghubitta Bittya Sanstha Ltd JBLB 31.22
2 Chhimek Laghubitta Bikas Bank Limited CBBL 29.7
3 Nirdhan Utthan Laghubitta Bittiya Sanstha Limited NUBL 26.03
4 Sana Kisan Bikas Bank Ltd SKBBL 20.19
5 Forward Microfinance Bittiya Sanstha Ltd. FOWAD 19.57
6 NIC ASIA Laghubitta Bittiya Sanstha Limited NICLBSL 19.56
7 Deprosc Laghubitta Bittiya Sanstha Limited DDBL 16.51
8 National Laghubitta Bikas Bank Limited NMFBS 14.66
9 Swabalamban Laghubitta Bittiya Sanstha Limited SWBBL 14.17
10 RMDC Laghubitta Bittiya Sanstha Ltd. RMDC 13.58
11 Mero Laghubitta Bikas Bank Limited MERO 13.41
12 Grameen Bikas Laghubitta Bittiya Sanstha Ltd. GBLBS 9.77
13 Global IME Laghubitta Bittiya Sanstha Ltd. GILB 8.89
14 First Micro Finance Development Bank Ltd. FMDBL 7.85
15 Nerude Laghubita Bikas Bank Limited NLBBL 7.17
16 Mirmire Laghubitta Bikas Bank Limited MMFDB 6.94
17 NMB Laghubitta Bikas Bank Limited NMBMF 6.67
18 Kisan Lagubitta Bittiya Sanstha Limited KLBSL 6.2
19 RSDC Laghubitta Bittiya Sanstha Ltd. RSDC 5.82
20 Summit Laghubitta Bittiya Sanstha Limited SMFDB 5.76
21 Laxmi Laghubitta Bittiya Sanstha Ltd. LLBS 5.73
22 Swarojgar Laghubitta Bikas Bank Limited SLBBL 5.62
23 Mahila Lagubitta Bittiya Sanstha Limited MLBSL 5.41
24 Infinity Laghubitta Bittiya Sanstha Limited ILBS 5.26
25 Asha Laghubitta Bittiya Sanstha Ltd ALBSL 5.02
26 Aarambha Chautari Laghubitta Bittiya Sanstha Limited ACLBSL 4.35
27 Mahuli Laghubitta Bittiya Sanstha Limited MSLB 4.22
28 Kalika Laghubitta Bittiya Sanstha Ltd KMCDB 4.2
29 Sadhana Laghubitta Bittiya Sanstha Limited SDLBSL 4.14
30 Vijaya laghubitta Bittiya Sanstha Ltd. VLBS 4.05
31 Sabaiko Laghubitta Bittiya Sanstha Ltd. SABSL 3.73
32 Samata Gharelu Laghubitta Bittiya Sanstha Limited SMATA 3.71
33 Naya Sarathi Laghubitta Bittiya Sanstha Limited NSLB 3.54
34 Janautthan Samudayic Laghubitta Bikas Bank Ltd. JSLBB 3.48
35 Unnati Sahakarya Laghubitta Bittiya Sanstha Limited USLB 3.4
36 Civil Laghubitta Bittiya Sanstha Ltd. CLBSL 2.88
37 Mithila LaghuBitta Bittiya Sanstha Limited MLBBL 2.78
38 Swabhimaan Laghubitta Bittiya Sanstha Limited SMFBS 2.32
39 Ganapati Laghubitta Bittiya Sanstha Limited GMFBS 1.86
40 Manakamana Smart Laghubitta Bittiya Sanstha Limited MKLB 1.85
41 Samudayik Laghubitta Bittiya Sanstha Limited SLBSL 1.69
42 Support Microfinance Bittiya Sanstha Ltd. SMB 1.53
43 Manushi Laghubitta Bittiya Sanstha Limited MLBS 1.51
44 Gurans Laghubitta Bittiya Sanstha Limited GLBSL 1.27
45 Wean Nepal Laghubitta Bittiya Sanstha Limited WNLB 1.1

Note:

The share price is of  February 20, 2022 [Falgun 8, 2078 BS]. The total listed shares of the banks is of Mid-Jan 2022 [Poush end, 2078 BS]. At current, the share price as well as listed shares may vary along with the market capitalization. 

The microfinance companies currently in merger/acquisition are excluded. 

Conclusion

From the above table, we know that Jeevan Bikas Laghubitta is the biggest microfinance company of Nepal in terms of market capitalization. JBLB has a market value of Rs 31.22 Arba (As of Falgun 8, 2078 BS). It is followed by Chhimek Laghubitta with Rs 29.7 Arba market capitalization. Similarly, Wean Nepal laghubitta has the lowest market value of Rs 1.1 Arba.


More From Investopaper:

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Paid-Up Capital Of Microfinance Companies

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