Electro Scientific Industries is a supplier of laser-based microfabrication solutions for industries reliant on microtechnologies. Co. sells products into four main categories: printed circuit board (PCB), semiconductor, component test, and industrial machining. PCB includes flexible circuits, high density interconnect, and packaging products targeting this market; semiconductor includes various wafer-based products; component test includes its multilayer ceramic capacitors products and tooling; and industrial machining includes its machining and inspection tools that address market including not just consumer electronics, but also automotive, aerospace, medical, and display end markets. We show 37 historical shares outstanding datapoints in our ESIO shares outstanding history coverage, used to compute ESIO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ESIO market cap history over the course of time is important for investors
interested in comparing ESIO'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 ESIO versus a peer is one thing; comparing
ESIO 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 ESIO can fluctuate over the course of history.
With this page we aim to empower investors researching ESIO by allowing them to research the ESIO market cap history. |
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Video: The Importance of Market Cap
