Is Tactile Systems Technology Inc (TCMD) overvalued? · P/E 30, rev $293.0M
Tactile Systems Technology Inc (TCMD) is a medical devices company listed on NASDAQ.
This page asks whether Tactile Systems Technology Inc (TCMD) looks expensive on cached numbers — not a short thesis.
Latest reported TCMD revenue for 2024-12-31 was $293.0M. Net income was $17.0M. Revenue was up 6.8% from 2023-12-31 to 2024-12-31. TCMD currently screens at market cap $590.1M and trailing P/E 30.1.
TCMD currently screens at market cap $590.1M and trailing P/E 30.1. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next TCMD 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the TCMD stock page for the full model, not this heading.
Not investment advice.