Calculating market cap with Class A and Class B shares as an investor
Hello fellow monkeys, I'm working on a stock pitch and want to double-check that I'm calculating market cap correctly because every site I look at for this company gives me a different market cap. The company is SciPlay (SCPL) and has Class A and B shares. So, as an investor how do you get to the value to compare IV to. I searched up other threads and found the formula MC = (Class A shares outstanding x Price) + (Class B shares outstanding x Price). P.S. I know this a simple question, but I want to double-check before I submit a stock pitch. Any feedback is appreciated, thank you in advance.
Yeah that's right, for dual-class like SCPL it's just (Class A + Class B) x Class A price. Good luck and make sure you're spending enough time on the core operating model drivers and thesis!
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