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). TXNM Energy's share price for the quarter that ended in Mar. 2026 was €51. TXNM Energy's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 111 Mil. Therefore, TXNM Energy's market cap for the quarter that ended in Mar. 2026 was €5,646 Mil.
TXNM Energy's quarterly market cap
increased
from Sep. 2025 (€5,228 Mil) to Dec. 2025 (€5,424 Mil) and
increased
from Dec. 2025 (€5,424 Mil) to Mar. 2026 (€5,646 Mil).
TXNM Energy's annual market cap
increased
from Dec. 2023 (€3,392 Mil) to Dec. 2024 (€4,262 Mil) and
increased
from Dec. 2024 (€4,262 Mil) to Dec. 2025 (€5,424 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. TXNM Energy's Enterprise Value for Today is €10,605 Mil.
TXNM Energy (FRA:98P) 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 companys 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.
TXNM Energy Market Cap Related Terms
TXNM Energy Market Cap Historical Data
* Premium members only.
The historical data trend for TXNM Energy'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.
For the Utilities - Regulated Electric subindustry, TXNM Energy'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.
TXNM Energy Market Cap vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, TXNM Energy's Market Cap distribution charts can be found below:
* The bar in red indicates where TXNM Energy's Market Cap falls into.
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.
TXNM Energy's Market Cap for the fiscal year that ended in Dec. 2025 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.
TXNM Energy (FRA:98P) has a Market Cap of €5,529 Mil as of Jul. 12, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on TXNM Energy and its competitors. According to the industry distribution chart, TXNM Energy ranks #101 out of 512 companies in the Utilities - Regulated industry, placing it in the top 19.7%.
Is TXNM Energy's Market Cap too high?
TXNM Energy's current Market Cap is €5,529 Mil. Based on the distribution chart, TXNM Energy ranks #101 out of 512 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, TXNM Energy has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does TXNM Energy's Market Cap compare to POR and NWE?
According to the Utilities - Regulated industry distribution chart, TXNM Energy ranks #101 out of 512 companies for Market Cap. This places TXNM Energy in the top 20% of its industry — outperforming the majority of peers. The industry median Market Cap is 927.32. 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 an Utilities - Regulated company?
The median Market Cap among Utilities - Regulated companies is 927.32, based on 512 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 TXNM Energy and its competitors. For the Utilities - Regulated industry, the median Market Cap is 927.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TXNM Energy's current Market Cap is €5,529 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TXNM Energy stock overvalued right now?
TXNM Energy (FRA:98P) has a current Market Cap of €5,529 Mil. The stock's GF Value™ is €38.99, compared to a current price of €49.20 — trading 26.2% above its estimated fair value. The current Market Cap is €5,529 Mil. TXNM Energy's overall GF Score™ is 73/100 with 13 warning signs to review. 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 TXNM Energy (FRA:98P), the current Market Cap is €5,529 Mil as of Jul. 12, 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.
Is TXNM Energy (FRA:98P) Overvalued in 2026?
Based on GuruFocus' analysis, TXNM Energy stock appears to be overvalued.
The current stock price of €49.20 is trading 26.2% above its estimated GF Value™ of €38.99.
Key valuation signals for FRA:98P:
Market Cap: €5,529 Mil
GF Value™: €38.99 vs. price of €49.20 (26.2% above fair value)
No single metric tells the full story. See the FRA:98P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TXNM Energy Inc is a holding company that owns regulated utility companies providing energy to houses and businesses across Texas and New Mexico using its utilities.
73GF Score
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