X2M Connect (ASX:X2M) Market Cap: A$7.05 Mil (As of Jun. 27, 2026)


What is X2M Connect Market Cap?

X2M Connect ASX:X2M -10.00% Market Cap is A$7.05 Mil as of Jun. 27, 2026. The stock has 8 warning signs investors should review. Among 2,515 Hardware companies, X2M Connect ranks worse than 95.79% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). X2M Connect's share price for the quarter that ended in Dec. 2025 was A$0.008. X2M Connect's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 1,013.14 Mil. Therefore, X2M Connect's market cap for the quarter that ended in Dec. 2025 was A$8.11 Mil.

X2M Connect's quarterly market cap declined from Dec. 2024 (A$11.31 Mil) to Jun. 2025 (A$6.96 Mil) but then increased from Jun. 2025 (A$6.96 Mil) to Dec. 2025 (A$8.11 Mil).

X2M Connect's annual market cap increased from Jun. 2023 (A$11.87 Mil) to Jun. 2024 (A$12.08 Mil) but then declined from Jun. 2024 (A$12.08 Mil) to Jun. 2025 (A$6.96 Mil).

Enterprise Value is 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 and cash equivalents. X2M Connect's Enterprise Value for Today is A$7.59 Mil.


X2M Connect  (ASX:X2M) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


X2M Connect Market Cap Related Terms


X2M Connect Market Cap Historical Data

* Premium members only.

The historical data trend for X2M Connect's Market Cap 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.

X2M Connect Market Cap Chart

X2M Connect Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Market Cap
13.03 11.87 12.08 6.96

X2M Connect Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.14 12.08 11.31 6.96 8.11

ASX:X2M vs COHR, KEYS, GRMN: Market Cap Comparison

For the Scientific & Technical Instruments subindustry, X2M Connect's Market Cap, along with its competitors' market caps and Market Cap 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.


X2M Connect Market Cap vs Hardware Industry

For the Hardware industry and Technology sector, X2M Connect's Market Cap distribution charts can be found below:

* The bar in red indicates where X2M Connect's Market Cap falls into.



X2M Connect Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

X2M Connect's Market Cap for the fiscal year that ended in Jun. 2025 is calculated as

Market Cap (A: Jun. 2025 )=Share Price (A: Jun. 2025 )*Shares Outstanding (EOP) (A: Jun. 2025 )
=A$0.015673*444.121
=A$6.96

X2M Connect's Market Cap for the quarter that ended in Dec. 2025 is calculated as

Market Cap (Q: Dec. 2025 )=Share Price (Q: Dec. 2025 )*Shares Outstanding (EOP) (Q: Dec. 2025 )
=A$0.008*1013.138
=A$8.11

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of A$7.05 Mil mean?
X2M Connect (ASX:X2M) has a Market Cap of A$7.05 Mil as of Jun. 27, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on X2M Connect and its competitors. According to the industry distribution chart, X2M Connect ranks #2409 out of 2515 companies in the Hardware industry, placing it in the top 95.8%.
Is X2M Connect's Market Cap too high?
X2M Connect's current Market Cap is A$7.05 Mil. Based on the distribution chart, X2M Connect ranks #2409 out of 2515 companies in the Hardware industry, which is in the bottom quartile relative to peers.
How does X2M Connect's Market Cap compare to COHR and KEYS?
According to the Hardware industry distribution chart, X2M Connect ranks #2409 out of 2515 companies for Market Cap. This places X2M Connect in the lower half of its industry. The industry median Market Cap is 209.38. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Hardware company?
The median Market Cap among Hardware companies is 209.38, based on 2,515 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on X2M Connect and its competitors. For the Hardware industry, the median Market Cap is 209.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. X2M Connect's current Market Cap is A$7.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is X2M Connect stock overvalued right now?
Based on GuruFocus' analysis, X2M Connect (ASX:X2M) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.01, compared to a current price of A$0.00 — trading 55% below its estimated fair value. The current Market Cap is A$7.05 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For X2M Connect (ASX:X2M), the current Market Cap is A$7.05 Mil as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

X2M Connect Business Description

Address 18-24 Ricketts Road, Suite 1.01b, Building B, Mount Waverley, VIC, AUS, 3149
X2M Connect Ltd is an Internet of Things (IoT) technology company that uses the internet to deliver productivity improvements, cost savings, and improved public safety to enterprise and government customers. Its focus is servicing the utility sector in the Asia-Pacific utility market through the provision of technology that connects devices over the internet, such as water meters and gas pressure sensors and which enables data exchange and control of these devices. The company's geographical segment includes South Korea, China, Taiwan, and other countries. It derives a majority of revenue from South Korea.