Enerpac Tool Group is an industrial tools and services company. Co. engineers and manufactures high pressure hydraulic tools, controlled force products and solutions for precise positioning of heavy loads. Co.'s segments are: Industrial Tools and Services (IT&S) and Other. The IT&S segment is primarily engaged in the design, manufacture and distribution of hydraulic and mechanical tools, and in providing services and tool rental to the industrial, maintenance, infrastructure, oil and gas, alternative energy and other markets. The Other operating segment includes Cortland Industrial and Cortland Medical, which design and manufacture synthetic ropes and biomedical textiles, respectively. We show 20 historical shares outstanding datapoints in our EPAC shares outstanding history coverage, used to compute EPAC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EPAC market cap history over the course of time is important for investors
interested in comparing EPAC'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 EPAC versus a peer is one thing; comparing
EPAC 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 EPAC can fluctuate over the course of history.
With this page we aim to empower investors researching EPAC by allowing them to research the EPAC market cap history. |
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Video: The Importance of Market Cap
