Franklin Electric designs, manufactures and distributes water and fuel pumping systems, composed of submersible motors, pumps, electronic controls, water treatment systems and related parts and equipment. Co.'s business consists of three segments: Water Systems segment, which is engaged in the production and marketing of water pumping systems and in submersible motors, pumps, drives, electronic controls, and monitoring devices; Fueling Systems segment, which is engaged in the production and marketing of fuel pumping systems, fuel containment systems, and monitoring and control systems; and Distribution segment, which is operated as a collection of wholly owned groundwater distributors. We show 57 historical shares outstanding datapoints in our FELE shares outstanding history coverage, used to compute FELE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FELE market cap history over the course of time is important for investors
interested in comparing FELE'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 FELE versus a peer is one thing; comparing
FELE 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 FELE can fluctuate over the course of history.
With this page we aim to empower investors researching FELE by allowing them to research the FELE market cap history. |
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Video: The Importance of Market Cap
