GrafTech International Ltd. is a manufacturer of graphite electrode products essential to the production of electric arc furnace (EAF) steel and other ferrous and non-ferrous metals. Co. operates through one segment: Industrial Materials, which comprises of two product categories, graphite electrodes and petroleum needle coke products. Graphite electrodes are an industrial consumable product used primarily in EAF steel production. Petroleum needle coke is a crystalline form of carbon derived from decant oil, which is a raw material used in the production of graphite electrodes. It has graphite electrode manufacturing facilities in Calais, France, Pamplona, Spain, Monterrey, Mexico and St. We show 27 historical shares outstanding datapoints in our EAF shares outstanding history coverage, used to compute EAF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EAF market cap history over the course of time is important for investors
interested in comparing EAF's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of EAF versus a peer is one thing; comparing
EAF market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like EAF can fluctuate over the course of history.
With this page we aim to empower investors researching EAF by allowing them to research the EAF market cap history. |
Free EAF Email Alerts:
Video: The Importance of Market Cap
