Harmonic Drive Systems's quarterly market cap
increased
from Sep. 2025 (円250,584 Mil) to Dec. 2025 (円357,841 Mil) but then
declined
from Dec. 2025 (円357,841 Mil) to Mar. 2026 (円328,021 Mil).
Harmonic Drive Systems's annual market cap
declined
from Mar. 2024 (円381,804 Mil) to Mar. 2025 (円299,897 Mil) but then
increased
from Mar. 2025 (円299,897 Mil) to Mar. 2026 (円328,021 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. Harmonic Drive Systems's Enterprise Value for Today is 円742,358 Mil.
Harmonic Drive Systems (TSE:6324) 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.
* 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 Specialty Industrial Machinery subindustry, Harmonic Drive Systems'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.
Harmonic Drive Systems Market Cap vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Harmonic Drive Systems's Market Cap distribution charts can be found below:
* The bar in red indicates where Harmonic Drive Systems'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.
Harmonic Drive Systems's Market Cap for the fiscal year that ended in Mar. 2026 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.
Harmonic Drive Systems (TSE:6324) has a Market Cap of 円745,974 Mil as of Jul. 13, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Harmonic Drive Systems and its competitors. According to the industry distribution chart, Harmonic Drive Systems ranks #211 out of 3094 companies in the Industrial Products industry, placing it in the top 6.8%.
Is Harmonic Drive Systems' Market Cap too high?
Harmonic Drive Systems' current Market Cap is 円745,974 Mil. Based on the distribution chart, Harmonic Drive Systems ranks #211 out of 3094 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Harmonic Drive Systems has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harmonic Drive Systems' Market Cap compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Harmonic Drive Systems ranks #211 out of 3094 companies for Market Cap. This places Harmonic Drive Systems in the top 7% of its industry — outperforming the majority of peers. The industry median Market Cap is 274.56. 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 Industrial Products company?
The median Market Cap among Industrial Products companies is 274.56, based on 3,094 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 Harmonic Drive Systems and its competitors. For the Industrial Products industry, the median Market Cap is 274.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harmonic Drive Systems's current Market Cap is 円745,974 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harmonic Drive Systems stock overvalued right now?
Based on GuruFocus' analysis, Harmonic Drive Systems (TSE:6324) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,868.69, compared to a current price of 円7,880.00 — trading 103.7% above its estimated fair value. The current Market Cap is 円745,974 Mil. Harmonic Drive Systems' overall GF Score™ is 67/100 with 6 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 Harmonic Drive Systems (TSE:6324), the current Market Cap is 円745,974 Mil as of Jul. 13, 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 Harmonic Drive Systems (TSE:6324) Overvalued in 2026?
Based on GuruFocus' analysis, Harmonic Drive Systems stock appears to be overvalued.
The current stock price of 円7,880.00 is trading 103.7% above its estimated GF Value™ of 円3,868.69.
GuruFocus considers Harmonic Drive Systems to be Significantly Overvalued.
Key valuation signals for TSE:6324:
Market Cap: 円745,974 Mil
GF Value™: 円3,868.69 vs. price of 円7,880.00 (103.7% above fair value)
No single metric tells the full story. See the TSE:6324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harmonic Drive Systems manufactures and sells high-precision reduction gears (harmonic reducers) under the Harmonic Drive brand as well as other mechatronics products, including rotary actuators, linear actuators, and AC servo motors. The company also provides planetary gear speed reducers under the AccuDrive and Harmonic Planetary brands. Its products are used in industrial robots, semiconductor production equipment, and other high-precision equipment. HDS was founded in 1970 and is headquartered in Tokyo, Japan.
67GF Score
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