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). Topcon's share price for the quarter that ended in Sep. 2025 was 円3276. Topcon's Shares Outstanding (EOP) for the quarter that ended in Sep. 2025 was 105 Mil. Therefore, Topcon's market cap for the quarter that ended in Sep. 2025 was 円345,516 Mil.
Topcon's quarterly market cap
increased
from Mar. 2025 (円343,221 Mil) to Jun. 2025 (円344,276 Mil) and
increased
from Jun. 2025 (円344,276 Mil) to Sep. 2025 (円345,516 Mil).
Topcon's annual market cap
declined
from Mar. 2023 (円187,639 Mil) to Mar. 2024 (円187,369 Mil) but then
increased
from Mar. 2024 (円187,369 Mil) to Mar. 2025 (円343,221 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. Topcon's Enterprise Value for Today is 円436,846 Mil.
Topcon (TSE:7732) 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.
Topcon Market Cap Related Terms
Topcon Market Cap Historical Data
* Premium members only.
The historical data trend for Topcon'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.
TSE:7732 vs GRMN, KEYS, COHR: Market Cap Comparison
For the Scientific & Technical Instruments subindustry, Topcon'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.
Topcon Market Cap vs Hardware Industry
For the Hardware industry and Technology sector, Topcon's Market Cap distribution charts can be found below:
* The bar in red indicates where Topcon'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.
Topcon's Market Cap for the fiscal year that ended in Mar. 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.
Topcon (TSE:7732) has a Market Cap of 円345,942 Mil as of Jul. 02, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Topcon and its competitors.
Is Topcon's Market Cap too high?
Topcon's current Market Cap is 円345,942 Mil. Overall, Topcon has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Topcon's Market Cap compare to GRMN and KEYS?
Topcon's Market Cap of 円345,942 Mil can be compared against companies in the Hardware industry. The industry median Market Cap is 210.35. 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 210.35, based on 2,519 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 Topcon and its competitors. For the Hardware industry, the median Market Cap is 210.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topcon's current Market Cap is 円345,942 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topcon stock overvalued right now?
Topcon (TSE:7732) has a current Market Cap of 円345,942 Mil. The stock's GF Value™ is 円1,799.46, compared to a current price of 円3,280.00 — trading 82.3% above its estimated fair value. The current Market Cap is 円345,942 Mil. Topcon's overall GF Score™ is 57/100 with 9 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 Topcon (TSE:7732), the current Market Cap is 円345,942 Mil as of Jul. 02, 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 Topcon (TSE:7732) Overvalued in 2026?
Based on GuruFocus' analysis, Topcon stock appears to be overvalued.
The current stock price of 円3,280.00 is trading 82.3% above its estimated GF Value™ of 円1,799.46.
Key valuation signals for TSE:7732:
Market Cap: 円345,942 Mil
GF Value™: 円1,799.46 vs. price of 円3,280.00 (82.3% above fair value)
No single metric tells the full story. See the TSE:7732 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Topcon Corp sells ophthalmic instruments, medical equipment, machine control systems, and GPS-related products. Its operations are structured around three main areas: the Positioning Business, Eye Care Business, and Other. The Positioning division handles products such as total stations, 3D laser scanners, ICT automated construction systems, IT agricultural systems, GNSS receivers for surveying, laser equipment, and software for construction and civil engineering. The Eye Care division provides 3D fundus imaging devices, fundus cameras, auto and kerato refractors, slit lamps, tonometers, lens meters, ophthalmic laser systems, and related software for image management and electronic medical records.
57GF Score
Get the complete analysis for TSE:7732
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