Karat Packaging is a holding company. Through its subsidiaries, Co. manufactures and distributes single-use disposable products used in a variety of restaurant and foodservice settings. Co. supplies a range of products for the foodservice industry, including food containers, tableware, cups, lids, cutlery, and straws, as well as personal protective equipment related products to its customers such as face shields and face masks. Co. provides solutions to the customers, including new product development, design, printing, and logistics services. Co. also supplies products to smaller chains and businesses including boutique coffeehouses, bubble tea cafes, pizza parlors and frozen yogurt shops. We show 10 historical shares outstanding datapoints in our KRT shares outstanding history coverage, used to compute KRT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing KRT market cap history over the course of time is important for investors
interested in comparing KRT'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 KRT versus a peer is one thing; comparing
KRT 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 KRT can fluctuate over the course of history.
With this page we aim to empower investors researching KRT by allowing them to research the KRT market cap history. |
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Video: The Importance of Market Cap
