That is correct. But when investing in a company you need to understand the TAM, SAM and SOM, so to accurately value a company (purely from a return perspective) you need to know what the SOM is, it's all good understanding the TAM, but no company can capture 100% of the market... Not to mentions operating margins, execution risk, etc, etc. We can't sit on a panel grilling the executives of these companies so have to assess the size with what information we have available to us.
The addressable market for NEU is expected to be $88b USD by 2031, many more multiples of ACW and is at roughly $60b USD now, that's why NEU is much more than us.
Anyways, I'm trying to understand what you're trying to figure out. All this information is readily available online.
That is correct. But when investing in a company you need to...
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Last
3.2¢ |
Change
-0.006(15.8%) |
Mkt cap ! $74.46M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.4¢ | 2.9¢ | $186.2K | 6.157M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 189149 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 621429 | 4 |
View Market Depth
| Last trade - 15.52pm 03/05/2024 (20 minute delay) ? |
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Last
3.2¢ |
Change
-0.006 ( 11.1 %) |
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| Open | High | Low | Volume | ||
| 3.0¢ | 3.4¢ | 2.9¢ | 3278602 | ||
| Last updated 15.52pm 03/05/2024 ? | |||||
| ACW (ASX) Chart |