Detection Technology OY (HE:DETEC) — Market Cap & Net Worth

$152.84 Million USD  · €130.73 Million EUR  · Rank #17575

Market Cap & Net Worth: Detection Technology OY (DETEC)

Detection Technology OY (HE:DETEC) has a market capitalization of $152.84 Million (€130.73 Million) as of May 3, 2026. Listed on the HE stock exchange, this Finland-based company holds position #17575 globally and #80 in its home market, demonstrating a -9.16% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Detection Technology OY's stock price €8.92 by its total outstanding shares 14655630 (14.66 Million). Analyse DETEC cash flow conversion to see how efficiently the company converts income to cash.

Detection Technology OY Market Cap History: 2015 to 2026

Detection Technology OY's market capitalization history from 2015 to 2026. Data shows growth from $72.95 Million to $152.84 Million (7.06% CAGR).

Index Memberships

Detection Technology OY is a constituent of 1 market index:

Index Total Market Cap Weight (%) Rank by Market Cap
First North Finland EUR PI
FNFIEURPI
$1.73 Billion 8.84% #3 of 25

Weight: Detection Technology OY's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Detection Technology OY Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Detection Technology OY's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

1.88x

Detection Technology OY's market cap is 1.88 times its annual revenue

Industry average: 1.32x Higher than industry average

Latest Price to Earnings (P/E) Ratio

29.53x

Detection Technology OY's market cap is 29.53 times its annual earnings

Industry average: 9.22x Higher than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $210.55 Million $75.51 Million $10.89 Million 2.79x 19.33x
2017 $275.54 Million $89.00 Million $15.15 Million 3.10x 18.19x
2018 $255.22 Million $93.92 Million $14.87 Million 2.72x 17.17x
2019 $408.79 Million $102.48 Million $12.48 Million 3.99x 32.77x
2020 $389.00 Million $81.56 Million $6.74 Million 4.77x 57.76x
2021 $481.97 Million $89.81 Million $9.31 Million 5.37x 51.78x
2022 $281.94 Million $98.58 Million $5.12 Million 2.86x 55.11x
2023 $231.71 Million $103.79 Million $5.50 Million 2.23x 42.11x
2024 $262.15 Million $107.51 Million $11.11 Million 2.44x 23.59x
2025 $190.19 Million $101.02 Million $6.44 Million 1.88x 29.53x

Competitor Companies of DETEC by Market Capitalization

Companies near Detection Technology OY in the global market cap rankings as of May 3, 2026.

Key companies related to Detection Technology OY by market ranking:

  • Coherent Inc (NYSE:COHR): Ranked #490 globally with a market cap of $53.28 Billion USD.
  • Garmin Ltd (NYSE:GRMN): Ranked #559 globally with a market cap of $46.66 Billion USD.
  • Garmin Ltd (F:GEY): Ranked #657 globally with a market cap of $40.34 Billion USD ( €34.50 Billion EUR).
  • Keysight Technologies Inc (NYSE:KEYS): Ranked #736 globally with a market cap of $35.96 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#490 Coherent Inc NYSE:COHR $53.28 Billion $329.50
#559 Garmin Ltd NYSE:GRMN $46.66 Billion $242.42
#657 Garmin Ltd F:GEY $40.34 Billion €212.10
#736 Keysight Technologies Inc NYSE:KEYS $35.96 Billion $352.41

Detection Technology OY Historical Marketcap From 2015 to 2026

Between 2015 and today, Detection Technology OY's market cap moved from $72.95 Million to $ 152.84 Million, with a yearly change of 7.06%.

Year Market Cap Change (%)
2026 €152.84 Million -19.64%
2025 €190.19 Million -27.45%
2024 €262.15 Million +13.14%
2023 €231.71 Million -17.82%
2022 €281.94 Million -41.50%
2021 €481.97 Million +23.90%
2020 €389.00 Million -4.84%
2019 €408.79 Million +60.18%
2018 €255.22 Million -7.38%
2017 €275.54 Million +30.86%
2016 €210.55 Million +188.61%
2015 €72.95 Million --

End of Day Market Cap According to Different Sources

On May 2nd, 2026 the market cap of Detection Technology OY was reported to be:

Source Market Cap
Yahoo Finance $152.84 Million USD
MoneyControl $152.84 Million USD
MarketWatch $152.84 Million USD
marketcap.company $152.84 Million USD
Reuters $152.84 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Detection Technology OY

HE:DETEC Finland Scientific & Technical Instruments
Market Cap
$152.84 Million
€130.73 Million EUR
Market Cap Rank
#17575 Global
#80 in Finland
Share Price
€8.92
Change (1 day)
-0.22%
52-Week Range
€8.92 - €13.00
All Time High
€34.95
About

Detection Technology Oyj engages in the provision of X-ray detector solutions for industrial, medical, and security applications in Finland and internationally. The company offers medical CT detectors; security CT detectors; photon-counting detectors; flat-panel detectors, such as TFT flat-panel detectors; and line scan detectors, including linear detector arrays and detectors boards. It also pro… Read more