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TACTILE SYSTEMS TECHNOLOGY INC TCMD

Nasdaq · stock · Surgical & Medical Instruments & Apparatus · website · IPO 2016-07-28 · LEI

TACTILE SYSTEMS TECHNOLOGY INC statistics & valuation

Market cap$683.0M
P / E35.8×
P / S2.1×
P / B3.1×
P / FCF16.9×
Net margin5.8%
FCF margin12.3%
Net cash$83.4M
Net debt / EBITDA-2.3×
Enterprise value USD$599.6M
EV / EBITDA16.7×
Earnings yield EBIT/EV4.9%
Return on capital12.6%
Graham number -46.3%$13.17

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($13.17); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
3.40% 5.40% 4.60% 5.80% -0.30% -5.70% -7.20% 10.40% 5.80% 5.80% 2016201720182019202020212022202320242025
Gross margin (%)
72.90% 73.40% 71.10% 70.80% 71.00% 71.20% 71.30% 71.10% 74.00% 75.90% 2016201720182019202020212022202320242025
Operating margin (%)
5.10% 3.60% 2.10% 5.50% -1.90% -0.80% -5.20% 6.60% 7.60% 8.90% 2016201720182019202020212022202320242025
Return on equity (%)
4.80% 8.00% 7.40% 9.70% -0.50% -9.20% -14.70% 14.70% 7.80% 8.70% 2016201720182019202020212022202320242025
Shares outstanding
16.8M 18.9M 19.3M 19.6M 19.5M 19.9M 20.3M 23.6M 24.1M 23.3M 2016201720182019202020212022202320242025
Net debt ($)
-$83.4M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
3.90% 6.60% 6.20% 7.20% -0.40% -4.80% -7.00% 10.10% 5.70% 7.00% 2016201720182019202020212022202320242025
Free cash flow margin (%)
7.40% 0.40% 3.30% -1.50% 0.40% 0.30% 1.40% 12.20% 13.10% 12.30% 2016201720182019202020212022202320242025
Debt / equity (×)
0.00× 2016201720182019202020212022202320242025
EPS ($)
$0.15 $0.31 $0.34 $0.56 -$0.03 -$0.60 -$0.89 $1.23 $0.70 $0.82 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

TACTILE SYSTEMS TECHNOLOGY INC trades at about 29.9× earnings — below its 10-year norm (10-year range 12.3×–195.8×, median 100.3×).

12.3× 195.8×

Shaded band = 10-year range (12.3×–195.8×); dot = today's 29.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin75.9%74.0%71.1%71.3%71.2%71.0%70.8%71.1%73.4%72.9%
Operating margin8.9%7.6%6.6%-5.2%-0.8%-1.9%5.5%2.1%3.6%5.1%
Net margin5.8%5.8%10.4%-7.2%-5.7%-0.3%5.8%4.6%5.4%3.4%
FCF margin12.3%13.1%12.2%1.4%0.3%0.4%-1.5%3.3%0.4%7.4%
Return on assets7.0%5.7%10.1%-7.0%-4.8%-0.4%7.2%6.2%6.6%3.9%
Return on equity8.7%7.8%14.7%-14.7%-9.2%-0.5%9.7%7.4%8.0%4.8%
Debt / equity0.00×
Current ratio4.034.363.541.863.294.635.065.285.294.66

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.