UNIFI manufactures and sells polyester-based and nylon-based products primarily to other yarn manufacturers and knitters and weavers (UNIFI's direct customers) that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial and other end-use markets. Co.'s segments are: Polyester, which sells polyester-based products to other yarn manufacturers, knitters and weavers that produce yarn and/or fabric; Nylon, which sells nylon-based products to knitters and weavers that produce fabric for the apparel and hosiery markets; and Asia and Brazil, which sells polyester-based products to knitters that produce fabric for the apparel markets in Asia and South America. We show 42 historical shares outstanding datapoints in our UFI shares outstanding history coverage, used to compute UFI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing UFI market cap history over the course of time is important for investors
interested in comparing UFI'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 UFI versus a peer is one thing; comparing
UFI 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 UFI can fluctuate over the course of history.
With this page we aim to empower investors researching UFI by allowing them to research the UFI market cap history. |
Video: The Importance of Market Cap
