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). Tomra Systems ASA's share price for the quarter that ended in Mar. 2026 was $12. Tomra Systems ASA's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 295 Mil. Therefore, Tomra Systems ASA's market cap for the quarter that ended in Mar. 2026 was $3,545 Mil.
Tomra Systems ASA's quarterly market cap
declined
from Sep. 2025 ($4,386 Mil) to Dec. 2025 ($3,970 Mil) and
declined
from Dec. 2025 ($3,970 Mil) to Mar. 2026 ($3,545 Mil).
Tomra Systems ASA's annual market cap
increased
from Dec. 2023 ($3,662 Mil) to Dec. 2024 ($3,728 Mil) and
increased
from Dec. 2024 ($3,728 Mil) to Dec. 2025 ($3,970 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. Tomra Systems ASA's Enterprise Value for Today is $3,627 Mil.
Tomra Systems ASA (OTCPK:TMRAY) 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.
Tomra Systems ASA Market Cap Related Terms
Tomra Systems ASA Market Cap Historical Data
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The historical data trend for Tomra Systems ASA'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 Waste Management subindustry, Tomra Systems ASA'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.
Tomra Systems ASA Market Cap vs Waste Management Industry
For the Waste Management industry and Industrials sector, Tomra Systems ASA's Market Cap distribution charts can be found below:
* The bar in red indicates where Tomra Systems ASA'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.
Tomra Systems ASA'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.
Tomra Systems ASA (TMRAY) has a Market Cap of $2,889 Mil as of Jun. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Tomra Systems ASA and its competitors. According to the industry distribution chart, Tomra Systems ASA ranks #16 out of 254 companies in the Waste Management industry, placing it in the top 6.3%.
Is Tomra Systems ASA's Market Cap too high?
Tomra Systems ASA's current Market Cap is $2,889 Mil. The Waste Management industry median Market Cap is 86.95. Tomra Systems ASA's value of $2,889 Mil is 3222.6% above this industry median. Based on the distribution chart, Tomra Systems ASA ranks #16 out of 254 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Tomra Systems ASA has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tomra Systems ASA's Market Cap compare to WM and RSG?
According to the Waste Management industry distribution chart, Tomra Systems ASA ranks #16 out of 254 companies for Market Cap. This places Tomra Systems ASA in the top 6% of its industry — outperforming the majority of peers. The industry median Market Cap is 86.95. Tomra Systems ASA's value of $2,889 Mil is 3222.6% 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 Waste Management company?
The median Market Cap among Waste Management companies is 86.95, based on 254 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. Tomra Systems ASA's current Market Cap of $2,889 Mil is 3222.6% 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 Tomra Systems ASA and its competitors. For the Waste Management industry, the median Market Cap is 86.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomra Systems ASA's current Market Cap is $2,889 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomra Systems ASA stock overvalued right now?
Based on GuruFocus' analysis, Tomra Systems ASA (TMRAY) is currently considered Significantly Undervalued. The stock's GF Value™ is $16.08, compared to a current price of $9.78 — trading 39.2% below its estimated fair value. The current Market Cap is $2,889 Mil and 3222.6% above the Waste Management industry median of 86.95. Tomra Systems ASA's overall GF Score™ is 86/100 with 4 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 Tomra Systems ASA (TMRAY), the current Market Cap is $2,889 Mil as of Jun. 24, 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 Tomra Systems ASA (TMRAY) Overvalued in 2026?
Based on GuruFocus' analysis, Tomra Systems ASA stock appears to be undervalued.
The current stock price of $9.78 is trading 39.2% below its estimated GF Value™ of $16.08.
GuruFocus considers Tomra Systems ASA to be Significantly Undervalued.
Key valuation signals for TMRAY:
Market Cap: $2,889 Mil
GF Value™: $16.08 vs. price of $9.78 (39.2% below fair value)
Industry Position: 3222.6% above the Waste Management median (#16 of 254)
No single metric tells the full story. See the TMRAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tomra Systems ASA provides sorting and recycling solutions to equip customers for handling waste. The company creates and delivers sensor-based solutions that contribute to optimal resource productivity, in packaging, collection, compaction, recycling, ore sorting, and food production. It provides reverse vending machines, sensor-based sorting machines integrated post-harvest solutions, sensors for waste sorting applications, and other related products and solutions. The company's operating segments are; TOMRA Collection which generates key revenue, TOMRA Recycling, TOMRA Horizon, and TOMRA Food. Geographically, the company generates maximum revenue from Europe region followed by America, Asia, and Oceania.
86GF Score
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