When a company such as Electro-Sensors splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the ELSE split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Electro-Sensors shares, starting with a $10,000 purchase of ELSE, presented on a split-history-adjusted basis factoring in the complete ELSE split history.

About Electro-Sensors

Electro-Sensors manufactures and sells industrial production monitoring and process control systems that measure machine production and operation rates, and regulate the speed of related machines in production processes. Co.'s speed monitoring systems compare revolutions per minute or speed against acceptable rates as determined by its customer. Co.'s speed monitoring systems include a line of products that measure production counts or rates, such as parts, gallons per minute, or board feet. These speed monitoring systems also include alarm systems, tachometers, and other devices that translate impulses from the sensors into alarm signals, computer inputs, or digital displays. According to our ELSE split history records, Electro-Sensors has had 1 split.

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