Farmmi is a holding company. Through its subsidiaries, Co. is a supplier of agricultural products. Co. processes and/or sells four categories of agricultural products: Shiitake mushrooms, Mu Er mushrooms, cotton, corn, other edible fungi, and other agricultural products. The Shiitake is a variety of mushroom that originated from Eastern Asia. Mu Er is a variety of mushroom that is dark brown to black and native to Asia and some Pacific islands. For the other edible fungi, Co. processes and sells other edible fungi from time to time, such as bamboo fungi and agrocybe aegerila. For the other agricultural products, Co. processes and packages all of the dried edible fungi on its own. We show 4 historical shares outstanding datapoints in our FAMI shares outstanding history coverage, used to compute FAMI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FAMI market cap history over the course of time is important for investors
interested in comparing FAMI'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 FAMI versus a peer is one thing; comparing
FAMI 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 FAMI can fluctuate over the course of history.
With this page we aim to empower investors researching FAMI by allowing them to research the FAMI market cap history. |
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Video: The Importance of Market Cap
