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Tonner DronesXPAR:ALTD -2.22% Market Cap is €16.45 Mil as of Jul. 15, 2026. The stock has 5 warning signs investors should review. Among 361 Aerospace & Defense companies, Tonner Drones ranks worse than 93.07% on this metric.
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). Tonner Drones's share price for the quarter that ended in Dec. 2025 was €0.028. Tonner Drones's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 592.66 Mil. Therefore, Tonner Drones's market cap for the quarter that ended in Dec. 2025 was €16.59 Mil.
Tonner Drones's quarterly market cap
increased
from Dec. 2024 (€2.87 Mil) to Jun. 2025 (€11.18 Mil) and
increased
from Jun. 2025 (€11.18 Mil) to Dec. 2025 (€16.59 Mil).
Tonner Drones's annual market cap
increased
from Dec. 2022 (€0.33 Mil) to Dec. 2024 (€2.87 Mil) and
increased
from Dec. 2024 (€2.87 Mil) to Dec. 2025 (€16.59 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. Tonner Drones's Enterprise Value for Today is €21.03 Mil.
Tonner Drones (XPAR:ALTD) 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.
Tonner Drones Market Cap Related Terms
Tonner Drones Market Cap Historical Data
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The historical data trend for Tonner Drones'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 Aerospace & Defense subindustry, Tonner Drones'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.
Tonner Drones Market Cap vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Tonner Drones's Market Cap distribution charts can be found below:
* The bar in red indicates where Tonner Drones'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.
Tonner Drones'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.
Tonner Drones (XPAR:ALTD) has a Market Cap of €16.45 Mil as of Jul. 15, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Tonner Drones and its competitors. According to the industry distribution chart, Tonner Drones ranks #336 out of 361 companies in the Aerospace & Defense industry, placing it in the top 93.1%.
Is Tonner Drones' Market Cap too high?
Tonner Drones' current Market Cap is €16.45 Mil. Based on the distribution chart, Tonner Drones ranks #336 out of 361 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers.
How does Tonner Drones' Market Cap compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Tonner Drones ranks #336 out of 361 companies for Market Cap. This places Tonner Drones in the lower half of its industry. The industry median Market Cap is 771.94. 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 Aerospace & Defense company?
The median Market Cap among Aerospace & Defense companies is 771.94, based on 361 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 Tonner Drones and its competitors. For the Aerospace & Defense industry, the median Market Cap is 771.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tonner Drones's current Market Cap is €16.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tonner Drones stock overvalued right now?
Tonner Drones (XPAR:ALTD) has a current Market Cap of €16.45 Mil. The current Market Cap is €16.45 Mil. 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 Tonner Drones (XPAR:ALTD), the current Market Cap is €16.45 Mil as of Jul. 15, 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.
Tonner Drones SA is engaged in the developing and marketing of security and surveillance solutions intended for the military field as well as private and public security: the ISS SPOTTER Wired captive surveillance drone, the automatic drone for surveillance of sensitive sites ISS SPOTTER Automatic or even trailers SPOTTER BOT mobile video security systems.
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