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). Lumentum Holdings's share price for the quarter that ended in Mar. 2026 was €577.8. Lumentum Holdings's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 72 Mil. Therefore, Lumentum Holdings's market cap for the quarter that ended in Mar. 2026 was €41,428 Mil.
Lumentum Holdings's quarterly market cap
increased
from Sep. 2025 (€2,550 Mil) to Dec. 2025 (€22,755 Mil) and
increased
from Dec. 2025 (€22,755 Mil) to Mar. 2026 (€41,428 Mil).
Lumentum Holdings's annual market cap
declined
from Jun. 2023 (€3,516 Mil) to Jun. 2024 (€2,442 Mil) but then
increased
from Jun. 2024 (€2,442 Mil) to Jun. 2025 (€2,510 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. Lumentum Holdings's Enterprise Value for Today is €56,070 Mil.
Lumentum Holdings (XTER:LU2) 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.
Lumentum Holdings Market Cap Related Terms
Lumentum Holdings Market Cap Historical Data
* Premium members only.
The historical data trend for Lumentum Holdings'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 Communication Equipment subindustry, Lumentum Holdings'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.
Lumentum Holdings Market Cap vs Hardware Industry
For the Hardware industry and Technology sector, Lumentum Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Lumentum Holdings'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.
Lumentum Holdings's Market Cap for the fiscal year that ended in Jun. 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.
Lumentum Holdings (XTER:LU2) has a Market Cap of €55,946 Mil as of Jun. 27, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Lumentum Holdings and its competitors. According to the industry distribution chart, Lumentum Holdings ranks #29 out of 2515 companies in the Hardware industry, placing it in the top 1.2%.
Is Lumentum Holdings' Market Cap too high?
Lumentum Holdings' current Market Cap is €55,946 Mil. Based on the distribution chart, Lumentum Holdings ranks #29 out of 2515 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Lumentum Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lumentum Holdings' Market Cap compare to MSI and HPE?
According to the Hardware industry distribution chart, Lumentum Holdings ranks #29 out of 2515 companies for Market Cap. This places Lumentum Holdings in the top 1% of its industry — outperforming the majority of peers. The industry median Market Cap is 209.38. 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 209.38, based on 2,515 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 Lumentum Holdings and its competitors. For the Hardware industry, the median Market Cap is 209.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lumentum Holdings's current Market Cap is €55,946 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lumentum Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lumentum Holdings (XTER:LU2) is currently considered Significantly Overvalued. The stock's GF Value™ is €80.10, compared to a current price of €691.40 — trading 763.2% above its estimated fair value. The current Market Cap is €55,946 Mil. Lumentum Holdings' overall GF Score™ is 61/100 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 Lumentum Holdings (XTER:LU2), the current Market Cap is €55,946 Mil as of Jun. 27, 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 Lumentum Holdings (XTER:LU2) Overvalued in 2026?
Based on GuruFocus' analysis, Lumentum Holdings stock appears to be overvalued.
The current stock price of €691.40 is trading 763.2% above its estimated GF Value™ of €80.10.
GuruFocus considers Lumentum Holdings to be Significantly Overvalued.
Key valuation signals for XTER:LU2:
Market Cap: €55,946 Mil
GF Value™: €80.10 vs. price of €691.40 (763.2% above fair value)
No single metric tells the full story. See the XTER:LU2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lumentum Holdings Inc is a California-based technology firm. The company provides two types of optical and photonic products: optical components that are used in telecommunications networking equipment, and commercial lasers for manufacturing, inspection, and life-science lab uses. Its segments are Optical Communications and Commercial Lasers. The firm is also expanding into new optical applications, such as 3-D sensing laser diode for consumer electronics. It generates maximum revenue from the OpComms segment. The OpComms segment products include a wide range of components, modules, and subsystems to support customers including carrier networks for access (local), metro (intracity), long-haul, and submarine (undersea) applications.
61GF Score
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