FGI Industries is a holding company. Through its subsidiaries, Co. is a supplier of global kitchen and bath products focusing on sanitaryware (primarily toilets, sinks, pedestals and toilet seats), bath furniture (vanities, mirrors and cabinets), shower systems, customer kitchen cabinetry and other accessory items. These products are sold primarily for repair and remodeling activity and, to a lesser extent, new home or commercial construction. Co. provides brands including Foremost®, avenue, contrac®, Jetcoat®™, rosenberg and Covered Bridge Cabinetry®. Co.'s products are sold under key customers' private label brands, such as The Home Depot's Glacier Bay brand and Ferguson's ProFlo brand. We show 6 historical shares outstanding datapoints in our FGI shares outstanding history coverage, used to compute FGI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FGI market cap history over the course of time is important for investors
interested in comparing FGI'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 FGI versus a peer is one thing; comparing
FGI 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 FGI can fluctuate over the course of history.
With this page we aim to empower investors researching FGI by allowing them to research the FGI market cap history. |
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Video: The Importance of Market Cap
