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Tactile Systems Technology (FRA:3L3) Market Cap : €282.5 Mil (As of Apr. 05, 2025)


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What is Tactile Systems Technology Market Cap?

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). Tactile Systems Technology's share price for the quarter that ended in Dec. 2024 was €16.1. Tactile Systems Technology's Shares Outstanding (EOP) for the quarter that ended in Dec. 2024 was 23.9 Mil. Therefore, Tactile Systems Technology's market cap for the quarter that ended in Dec. 2024 was €384.5 Mil.

Tactile Systems Technology's quarterly market cap increased from Jun. 2024 (€254.1 Mil) to Sep. 2024 (€297.6 Mil) and increased from Sep. 2024 (€297.6 Mil) to Dec. 2024 (€384.5 Mil).

Tactile Systems Technology's annual market cap increased from Dec. 2022 (€216.7 Mil) to Dec. 2023 (€304.5 Mil) and increased from Dec. 2023 (€304.5 Mil) to Dec. 2024 (€384.5 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. Tactile Systems Technology's Enterprise Value for Today is €224.7 Mil.


Tactile Systems Technology Market Cap Historical Data

The historical data trend for Tactile Systems Technology'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.

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Tactile Systems Technology Market Cap Chart

Tactile Systems Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 654.96 335.94 216.71 304.45 384.52

Tactile Systems Technology Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Market Cap 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 304.45 339.80 254.05 297.56 384.52

Competitive Comparison of Tactile Systems Technology's Market Cap

For the Medical Devices subindustry, Tactile Systems Technology'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.


Tactile Systems Technology's Market Cap Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Tactile Systems Technology's Market Cap falls into.


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Tactile Systems Technology 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.

Tactile Systems Technology's Market Cap for the fiscal year that ended in Dec. 2024 is calculated as

Market Cap (A: Dec. 2024 )=Share Price (A: Dec. 2024 )*Shares Outstanding (EOP) (A: Dec. 2024 )
=€16.1*23.883
=€384.5

Tactile Systems Technology's Market Cap for the quarter that ended in Dec. 2024 is calculated as

Market Cap (Q: Dec. 2024 )=Share Price (Q: Dec. 2024 )*Shares Outstanding (EOP) (Q: Dec. 2024 )
=€16.1*23.883
=€384.5

* 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) 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.


Tactile Systems Technology Market Cap 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.

Tactile Systems Technology Headlines

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