TCMDTactile Systems Technology, Inc.
Is the price fair?
Undemanding: modest expectations priced in and cheap against its own history.
Priced for ~5% a year FCF growth. The price demands less than its three-year revenue growth of 10% a year, expectations look modest.
Cheap vs its own history: P/E 20.5 vs a 81.5 median over 27 quarters (−75% vs median).
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What TCMD's price assumes
Tactile Systems Technology, Inc. trades at 20.5× earnings against 25.8× for the median Medical Devices name, cheaper than its own group.
Trailing P/E · Medical Devices median 25.8 · cheaper than the typical name in its group
- Price / sales
- 1.72
Price / sales · as of 2026-Q1
- Free cash flow yield
- 5.4%
Free cash flow yield · Medical Devices median 4.5%
- Growth the price implies
- +4.7%
Growth the price implies · The price pays for +4.7% free cash flow growth a year for a decade; the business has delivered +16% a year over the last three.
Details›
- Price / bookas of 2026-Q1
- 2.71
- EV / EBITas of 2026-Q1
- 16.4
- EV / salesas of 2026-Q1
- 1.54
- Healthcare median P/E509 names
- 26.0
- Medical Devices median P/E64 names
- 25.8
- Free cash flow, trailing twelve months
- $27M
- Market capitalisation
- $499M
- 3-year revenue growth
- +9.6%
- 3-year free cash flow growth
- +16%
| Method | Per share |
|---|---|
| What its own history would imply | not meaningful, 20.5× today against a 81.5× median |
| 52-week range | $14.22 – $33.05 |
| Today | $22.11 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.