Comment by onion2k
2 years ago
Yes. That's what market cap means. I can understand you might disagree with the valuation, but that doesn't change it.
Also, don't forget that Rihanna has something the top three beauty supply companies don't have - a growing brand. That has a massive impact on market cap.
So her brand has a higher market cap than L'Oréal, Estée Lauder, etc?