Superworth

Tactile Systems Technology TCMD

Medical - Instruments & Supplies, Healthcare
$23.64
+0.42%
Market cap
$535.5M
PE
21.9×
9y median 62.9×
Forward PE
n/m
not a meaningful number
Price to sales
1.5×
EV/EBIT
13.3×
Revenue, 12 months
$350.3M
+17% on a year ago
Net margin
7.1%
Free cash flow yield
5.0%

Tactile Systems Technology trades at 21.9× trailing earnings, cheaper than 75% of the last ten years. Revenue was $350.3M over the last twelve months, up 17% on a year earlier with a 7% net margin.

Charts

Financials

Income statement for TCMD, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$69.6M+7%$77.7M+5%$61.1M+4%$73.2M+7%$73.1M+5%$85.6M+10%$61.3M+0%$78.9M+8%$85.8M+17%$103.6M+21%$75.3M+23%$85.7M+9%
Cost of revenue$20.2M+10%$21.6M−1%$17.7M+2%$19.1M−5%$18.3M−10%$21.2M−2%$15.9M−10%$20.1M+5%$20.8M+13%$22.6M+7%$17.7M+11%$20.3M+1%
Gross profit$49.4M+6%$56M+8%$43.4M+5%$54.1M+12%$54.8M+11%$64.4M+15%$45.3M+4%$58.8M+9%$65M+19%$81M+26%$57.6M+27%$65.3M+11%
R&D$2M+24%$1.8M−16%$2.1M−4%$2.2M+22%$2.4M+23%$2M+14%$1.7M−19%$2M−10%$2.2M−9%$2.5M+24%$2.8M+59%$2.5M+24%
SG&A$42.5M−1%$41.8M+3%$43.6M+5%$45.4M+5%$45M+6%$49.2M+18%$47.5M+9%$52.1M+15%$51.3M+14%$59.1M+20%$55.8M+17%$55.4M+6%
$8M$11.8M+50%−$3M−22%$5.8M+184%$6.8M−15%$12.5M+6%−$4.5M+53%$4.1M−30%$11M+62%$18.8M+50%−$1.5M−66%$6.8M+67%
Interest expensen/an/a$567K$529K$517K$471K$424K−25%$410K−23%$193K−63%$11K−98%$28K−93%$19K−95%
Pre-tax income$7.6M$11.8M+71%−$2.8M−42%$6.1M+398%$7.2M−5%$13M+10%−$4.1M+45%$4.5M−26%$11.4M+58%$19.4M+50%−$896K−78%$7.4M+63%
−$14.7M+19009%$3.6M+56%−$600K−79%$1.8M+35%$2.1M$3.3M−8%−$1.1M+83%$1.3M−26%$3.2M+55%$8.8M+169%$867K−$417K
Net income$22.3M$8.2M+78%−$2.2M+17%$4.3M$5.2M−77%$9.7M+19%−$3M+35%$3.2M−25%$8.2M+59%$10.6M+9%−$1.8M−41%$7.8M+142%
$0.94$0.35+52%−$0.09+0%$0.18$0.21−78%$0.40+14%−$0.13+44%$0.14−22%$0.36+71%$0.46+15%−$0.08−39%$0.34+143%
23.8M+18%23.7M+18%23.7M+11%24.1M+3%24.3M+2%24.3M+3%23.7M+0%23.2M−4%22.5M−7%23.3M−4%22.6M−5%23.1M−1%

Revenue: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.

Cost of revenue: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.

Gross profit: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.

R&D: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.

SG&A: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.

Operating income: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.

Pre-tax income: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.

Income tax: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them.

Net income: Q1 FY15 and Q1 FY16: 6 months less the 3 months printed beside them. 20 periods, Q1 FY18 to Q1 FY23: not printed by the filing, worked out from its own lines.

EPS, diluted: 12 periods, Q1 FY15 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: Q1 FY15: share-days: the 6-month average less the second quarter's. 9 periods, Q4 FY15 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY16: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution. Q4 FY21: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Medical - Instruments & Supplies nearest Tactile Systems Technology's size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
TCMDTactile Systems Technology$535.5M21.9×62.9×1.5×+17%7.1%
MDXGMimedx$569.9M97.8×21.1×1.6×−2%1.8%
MOVMovado$701.9M17.5×13.3×1.0×+5%6.0%
EMBCEmbecta$380.2M4.6×11.7×0.4×−8%8.6%
INFUInfuSystem$277.6M34.0×43.5×1.9×+2%6.0%
IRMDIradimed$1.1B47.9×41.4×12.7×+11%26.7%
STAAStaar Surgical$1.1B323×143×3.3×+51%1.1%
UTMDUtah Medical Products$236.3M22.6×20.9×6.5×−7%29.0%
BVSBioventus$1.3B19.4×27.2×2.2×+3%9.4%
CDRECadre$1.3B37.0×35.8×1.9×+20%5.3%
PDEXPro DEX$199.3M15.1×16.6×2.6×+16%17.6%
Peer median$635.9M28.3×24.1×2.0×+4%7.3%

More on Tactile Systems Technology

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About

Industry
Medical - Instruments & Supplies
Sector
Healthcare

Valuation data, not investment advice. Prices as of .