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Tactile Systems Technology (FRA:3L3) Enterprise Value : €367.0 Mil (As of Dec. 13, 2024)


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What is Tactile Systems Technology Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tactile Systems Technology's Enterprise Value is €367.0 Mil. Tactile Systems Technology's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was €20.1 Mil. Therefore, Tactile Systems Technology's EV-to-EBIT ratio for today is 18.21.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tactile Systems Technology's Enterprise Value is €367.0 Mil. Tactile Systems Technology's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 was €26.3 Mil. Therefore, Tactile Systems Technology's EV-to-EBITDA ratio for today is 13.98.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tactile Systems Technology's Enterprise Value is €367.0 Mil. Tactile Systems Technology's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 was €261.3 Mil. Therefore, Tactile Systems Technology's EV-to-Revenue ratio for today is 1.40.


Tactile Systems Technology Enterprise Value Historical Data

The historical data trend for Tactile Systems Technology's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tactile Systems Technology Enterprise Value Chart

Tactile Systems Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,116.05 624.40 371.25 248.96 281.66

Tactile Systems Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 290.04 281.66 315.84 217.28 252.93

Competitive Comparison of Tactile Systems Technology's Enterprise Value

For the Medical Devices subindustry, Tactile Systems Technology's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tactile Systems Technology's Enterprise Value Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Tactile Systems Technology's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Tactile Systems Technology's Enterprise Value falls into.



Tactile Systems Technology Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Tactile Systems Technology's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Tactile Systems Technology's Enterprise Value for the quarter that ended in Sep. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tactile Systems Technology  (FRA:3L3) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Tactile Systems Technology's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=366.965/20.148
=18.21

Tactile Systems Technology's current Enterprise Value is €367.0 Mil.
Tactile Systems Technology's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €20.1 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Tactile Systems Technology's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=366.965/26.255
=13.98

Tactile Systems Technology's current Enterprise Value is €367.0 Mil.
Tactile Systems Technology's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €26.3 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Tactile Systems Technology's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=366.965/261.285
=1.40

Tactile Systems Technology's current Enterprise Value is €367.0 Mil.
Tactile Systems Technology's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €261.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tactile Systems Technology Enterprise Value Related Terms

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Tactile Systems Technology Business Description

Traded in Other Exchanges
Address
3701 Wayzata Boulevard, Suite 300, Minneapolis, MN, USA, 55416
Tactile Systems Technology Inc is a medical technology company. The company is engaged in developing and providing medical devices for the treatment of chronic diseases. The firm's proprietary platform flexitouch system provides a home-based solution for lymphedema patients. The entire system is another home solution for patients with chronic swelling and actitouch system for chronic venous insufficiency patients that may be worn throughout the day.

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