Systemax, through its operating subsidiaries, is a marketer of brand name and private label industrial and business equipment and supplies in North America. Co. sells a range of industrial and general business hard goods and supplies and to a lesser extent products that would fall into the category of maintenance, repair and operations products, which are marketed in North America. Several of these products are manufactured by other companies. Some products are manufactured for Co. and sold under its brand as a white label product, and some are manufactured to its own design and marketed under the trademarks: Global™, GlobalIndustrial.com™, Nexel™ Paramount™ and Interion™. We show 46 historical shares outstanding datapoints in our SYX shares outstanding history coverage, used to compute SYX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SYX market cap history over the course of time is important for investors
interested in comparing SYX'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 SYX versus a peer is one thing; comparing
SYX 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 SYX can fluctuate over the course of history.
With this page we aim to empower investors researching SYX by allowing them to research the SYX market cap history. |
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Video: The Importance of Market Cap
