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← CockpitCompetitor Analysis › TCMD Tactile Systems Technology, Inc.Open in the cockpit ↗

Tactile Systems Technology, Inc.TCMDCompetitor analysis, valuation and peers

United States · USD·Health Care›Medical Specialties
Momentum neutral 59
Mkt cap
$583M
US dollars, full cap
Free float
97%
of shares outstanding
$/day
$5.67M
20-day average traded
Fwd P/E
20.8×
forward earnings
ROIC−WACC
+6.2 pp
WACC 9.5%
Hurdle
-4 pp
Req g minus delivered
Next earnings
109 days
23 Feb 2027
Close · USD$26.03
1D-1.3%
1W+13.0%
1M+17.7%
3M-10.7%
6M+1.5%
YTD-10.2%
1Y+7.5%
ATR %4.6%
Beta1.13
52w lowhigh31.1% off high

What Tactile Systems Technology does

Employees: 1,086

Tactile Systems Technology at a glance

Size Tactile Systems Technology (TCMD) is a United States Health Care company (Medical Specialties) with a market value of $583M, the 2594th largest of 3,117 United States companies the cockpit tracks. Shares closed at $26.03 on 6 Nov 2026.

Performance Over six months the shares gained 1.5%, against -13.5% for the median peer and -1.1% for the United States market (cap-weighted) — 5th highest of 20 in its peer set.

Growth Revenue grew 14.4% over the last twelve months (peer median +6.9%); the operating margin is 9.5% (peer median 6.3%).

Valuation It trades at 20.8× forward earnings against a peer median of 25.2× (3rd cheapest of 12).

Price implies For today's price to make sense, revenue must grow about 8% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -4 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 6.2 points above its cost of capital (9.5% WACC).

Short interest Short interest is 12.5% of the free float (15 Oct 2026).

Next results Next results expected around 23 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026TCMD 109Peer median 87
Six months, rebased to 100: Tactile Systems Technology against the median of its 20 peers (local-currency closes).

Tactile Systems Technology financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$356M$330M$293M$274M$247M
Revenue growth—+12%+7%+11%—
Gross profit$272M$248M$214M$193M$172M
EBITDA$40.6M$35.9M$29.0M$22.1M$4.17M
Net income$23.8M$19.1M$17.0M$28.5M-$17.9M
Free cash flow$29.0M$40.4M$38.3M$33.4M$3.39M
Capital expenditure$3.33M$2.54M$2.51M$2.48M$1.92M
Total debt$17.1M$16.0M$45.1M$50.4M$72.2M

Quarterly statements and history in the cockpit →

Tactile Systems Technology competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%-20%0%+20%+40%605369300639NAN300869MYGNMEDI301235300314NNNN688298300439AVR688580301033603520MEDXTCMD6-month return →1-month return →
Up and to the right = strong over both horizons. Tactile Systems Technology is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%25×50×75×605369300639NANMEDI301235300314688581688580301033MEDXTCMDRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Tactile Systems Technology is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%-20%0%20%605369300639NAN300869MEDI300439688581688580301033MEDXTCMDGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Tactile Systems Technology is the large dot.

Tactile Systems Technology competitors and peer comparison

How Tactile Systems Technology compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Tactile Systems Technology against its 20 peers (data as of 6 Nov 2026)
MeasureTCMDPeer medianRank in peer set
1-month return+17.7%-4.3%2nd highest of 20
6-month return+1.5%-13.5%5th highest of 20
Distance from 52-week high-31.1%-37.3%7th highest of 20
Revenue growth (TTM)+14.4%+6.9%6th highest of 20
Operating margin9.5%6.3%7th highest of 20
Forward P/E20.8×25.2×3rd cheapest of 12
Growth the price implies (Req g, 7 yrs)7.8%6.9%5th most demanding of 11
Growth delivered (Del g)+12.0%+5.7%4th highest of 11
Hurdle (Req g minus delivered)-4.2 pp+10.1 pp4th least demanding of 11
ROIC minus cost of capital+6.2 pp-1.3 pp4th highest of 18
EV / EBITDA12.9×21.3×2nd cheapest of 4
Net debt / EBITDA-1.4×-2.1×3rd most indebted of 6

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Tactile Systems Technology TCMDUnited States$583M+1%+14%9%20.8×7.8%+12.0%
Zhejiang Gongdong Medical Technology 605369.SSChina$581M-10%+6%9%25.2×11.6%+6.5%
Guangdong Hybribio Biotech 300639.SZChina$568M-5%-7%4%63.8×2.7%-13.2%
Nanosonics NAN.AXAustralia$599M-13%+3%7%90.3×34.4%+6.7%
Contec Medical Systems 300869.SZChina$600M-23%-2%-16%n/a17.3%-19.8%
Myriad Genetics MYGNUnited States$566M+38%-3%-11%n/an/an/a
Medistim MEDI.OLNorway$601M+30%+19%29%30.5×-1.8%+14.5%
Sahajanand Medical Technologies SMT.NSIndia$566Mn/an/an/an/an/an/a
Wuhan Huakang Century Clean Technology 301235.SZChina$603M-42%+28%7%22.6×n/an/a
Ningbo David Medical Device 300314.SZChina$607M+22%+19%11%12.3×n/an/a
Anbio Biotechnology NNNNUnited States$560M-85%+10%67%n/an/an/a
Zhejiang Orient Gene Biotech 688298.SSChina$559M-17%+18%-60%n/an/an/a
MedicalSystem Biotechnology 300439.SZChina$556M-4%+14%2%n/a7.4%-7.8%
Sight Sciences SGHTUnited States$555M-14%+9%-33%n/an/an/a
Anteris Technologies Global AVRUnited States$555M-14%-10%-4,738%n/an/an/a
Hangzhou AGS MedTech 688581.SSChina$617M-16%-18%33%19.8×1.7%+27.8%
Nanjing Vishee Medical Technology 688580.SSChina$550M-40%+7%24%21.7×22.3%+4.2%
Medprin Regenerative Medical Technologies 301033.SZChina$542M-3%+23%31%25.2×6.3%+24.4%
Assure Tech (Hangzhou) 688075.SSChina$538M-25%-21%-7%n/an/an/a
Zhejiang Starry Pharmaceutical 603520.SSChina$537M-32%+9%3%28.2×n/an/a
medmix MEDX.SWSwitzerland$537M+24%-7%6%24.4×5.0%+5.0%

Questions

Which companies are Tactile Systems Technology's closest peers?
The cockpit's peer set: Zhejiang Gongdong Medical Technology (605369.SS), Guangdong Hybribio Biotech (300639.SZ), Nanosonics (NAN.AX), Contec Medical Systems (300869.SZ), Myriad Genetics (MYGN), Medistim (MEDI.OL), Sahajanand Medical Technologies (SMT.NS), Wuhan Huakang Century Clean Technology (301235.SZ).
Is Tactile Systems Technology expensive compared with its peers?
On forward p/e it trades at 20.8× against a peer median of 25.2×, 3rd cheapest of 12 in its peer set. For today's price to make sense, revenue must grow about 8% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -4 pp: the price already allows for a slowdown.
How has Tactile Systems Technology stock performed?
Over six months to 6 Nov 2026 the shares returned +1.5% against -13.5% for the median peer; over one year +7.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.