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Applied Optoelectronics's quarterly market cap
increased
from Sep. 2025 ($1,736.3 Mil) to Dec. 2025 ($2,672.2 Mil) and
increased
from Dec. 2025 ($2,672.2 Mil) to Mar. 2026 ($6,593.3 Mil).
Applied Optoelectronics's annual market cap
increased
from Dec. 2023 ($720.1 Mil) to Dec. 2024 ($1,818.5 Mil) and
increased
from Dec. 2024 ($1,818.5 Mil) to Dec. 2025 ($2,672.2 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. Applied Optoelectronics's Enterprise Value for Today is $8,816.7 Mil.
Applied Optoelectronics (LTS:0HGV) 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.
Applied Optoelectronics Market Cap Related Terms
Applied Optoelectronics Market Cap Historical Data
* 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.
LTS:0HGV vs VIAV, ZBRA, VSAT: Market Cap Comparison
For the Communication Equipment subindustry, Applied Optoelectronics'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.
Applied Optoelectronics Market Cap vs Hardware Industry
For the Hardware industry and Technology sector, Applied Optoelectronics's Market Cap distribution charts can be found below:
* The bar in red indicates where Applied Optoelectronics'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.
Applied Optoelectronics'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.
Applied Optoelectronics (LTS:0HGV) has a Market Cap of $8,976.0 Mil as of Jul. 14, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Applied Optoelectronics and its competitors. According to the industry distribution chart, Applied Optoelectronics ranks #149 out of 2523 companies in the Hardware industry, placing it in the top 5.9%.
Is Applied Optoelectronics' Market Cap too high?
Applied Optoelectronics' current Market Cap is $8,976.0 Mil. The Hardware industry median Market Cap is 200.05. Applied Optoelectronics' value of $8,976.0 Mil is 4386.9% above this industry median. Based on the distribution chart, Applied Optoelectronics ranks #149 out of 2523 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Applied Optoelectronics has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Optoelectronics' Market Cap compare to VIAV and ZBRA?
According to the Hardware industry distribution chart, Applied Optoelectronics ranks #149 out of 2523 companies for Market Cap. This places Applied Optoelectronics in the top 6% of its industry — outperforming the majority of peers. The industry median Market Cap is 200.05. Applied Optoelectronics' value of $8,976.0 Mil is 4386.9% above this benchmark. 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 200.05, based on 2,523 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. Applied Optoelectronics's current Market Cap of $8,976.0 Mil is 4386.9% above the industry median. 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 Applied Optoelectronics and its competitors. For the Hardware industry, the median Market Cap is 200.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Optoelectronics's current Market Cap is $8,976.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Optoelectronics stock overvalued right now?
Based on GuruFocus' analysis, Applied Optoelectronics (LTS:0HGV) is currently considered Significantly Overvalued. The stock's GF Value™ is $20.02, compared to a current price of $110.52 — trading 452% above its estimated fair value. The current Market Cap is $8,976.0 Mil and 4386.9% above the Hardware industry median of 200.05. Applied Optoelectronics' overall GF Score™ is 44/100 with 7 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 Applied Optoelectronics (LTS:0HGV), the current Market Cap is $8,976.0 Mil as of Jul. 14, 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 Applied Optoelectronics (LTS:0HGV) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Optoelectronics stock appears to be overvalued.
The current stock price of $110.52 is trading 452% above its estimated GF Value™ of $20.02.
GuruFocus considers Applied Optoelectronics to be Significantly Overvalued.
Key valuation signals for LTS:0HGV:
Market Cap: $8,976.0 Mil
GF Value™: $20.02 vs. price of $110.52 (452% above fair value)
Industry Position: 4386.9% above the Hardware median (#149 of 2523)
No single metric tells the full story. See the LTS:0HGV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Optoelectronics Inc is a provider of fiber-optic networking products, for four networking end-markets; internet data center, CATV, telecom, and FTTH. The Company designs and manufactures a wide range of optical communications products at varying levels of integration, from components, subassemblies, and modules to meet turn-key equipment. Through direct sales personnel, and manufacturing teams in the United States, China, and Taiwan, the company coordinates with customers to determine product design, qualifications, and performance. The Company has manufacturing and research and development facilities located in the U.S., Taiwan, and China.
44GF Score
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