Companhia Siderurgica Nacional is a steel producer in Brazil and Latin America. Co. operates throughout the entire steel production chain, from the mining of iron ore to the production and sale of a range of steel products. Co. divides its business into five segments: steel, which produces carbon steel; mining, which sells its iron ore products mainly in Asia, Europe and Brazil; cement, which is comprised of a cement plant in Volta Redonda, in the state of Rio de Janeiro, and in Arcos, in the state of Minas Gerais; logistics, which comprises railway and port facilities; and energy, which is comprised of generation plants. We show 1 historical shares outstanding datapoints in our SID shares outstanding history coverage, used to compute SID market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SID market cap history over the course of time is important for investors
interested in comparing SID'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 SID versus a peer is one thing; comparing
SID 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 SID can fluctuate over the course of history.
With this page we aim to empower investors researching SID by allowing them to research the SID market cap history. |
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Video: The Importance of Market Cap
