Modulight Oyj
Modulight Oyj designs, manufactures, and markets lasers products for medical and other diagnostic applications. The company offers laser products for clinical applications, biomedical illumination, and ophthalmology; plug and play laser systems; laser modules and components; and diode laser chips, bars, and wafers. The company was incorporated in 2000 and is based in Tampere, Finland.
Market Cap & Net Worth: Modulight Oyj (MODU)
Modulight Oyj (HE:MODU) has a market capitalization of $45.88 Million (€44.70 Million) as of March 19, 2026. Listed on the HE stock exchange, this Finland-based company holds position #26178 globally and #97 in its home market, demonstrating a 0.00% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Modulight Oyj's stock price €1.05 by its total outstanding shares 42485997 (42.49 Million).
Modulight Oyj Market Cap History: 2021 to 2026
Modulight Oyj's market capitalization history from 2021 to 2026. Data shows change from $494.98 Million to $45.88 Million (-40.81% CAGR).
Modulight Oyj Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Modulight Oyj'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
10.22x
Modulight Oyj's market cap is 10.22 times its annual revenue
0.67x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
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 |
|---|---|---|---|---|---|
| 2021 | $494.98 Million | $9.07 Million | -$5.06 Million | 54.57x | N/A |
| 2022 | $82.34 Million | $4.60 Million | -$9.31 Million | 17.90x | N/A |
| 2023 | $51.20 Million | $4.03 Million | -$11.86 Million | 12.72x | N/A |
| 2024 | $41.87 Million | $4.09 Million | -$6.45 Million | 10.22x | N/A |
Competitor Companies of MODU by Market Capitalization
Companies near Modulight Oyj in the global market cap rankings as of March 19, 2026.
Key companies related to Modulight Oyj by market ranking:
- Abbott Laboratories (NYSE:ABT): Ranked #84 globally with a market cap of $187.53 Billion USD.
- Stryker Corporation (NYSE:SYK): Ranked #151 globally with a market cap of $119.88 Billion USD.
- Medtronic PLC (NYSE:MDT): Ranked #170 globally with a market cap of $111.60 Billion USD.
- Boston Scientific Corp (NYSE:BSX): Ranked #183 globally with a market cap of $105.38 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #84 | Abbott Laboratories | NYSE:ABT | $187.53 Billion | $108.49 |
| #151 | Stryker Corporation | NYSE:SYK | $119.88 Billion | $345.81 |
| #170 | Medtronic PLC | NYSE:MDT | $111.60 Billion | $87.21 |
| #183 | Boston Scientific Corp | NYSE:BSX | $105.38 Billion | $71.28 |
Modulight Oyj Historical Marketcap From 2021 to 2026
Between 2021 and today, Modulight Oyj's market cap moved from $494.98 Million to $ 45.88 Million, with a yearly change of -40.81%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | €45.88 Million | -6.07% |
| 2025 | €48.84 Million | +16.67% |
| 2024 | €41.87 Million | -18.23% |
| 2023 | €51.20 Million | -37.82% |
| 2022 | €82.34 Million | -83.37% |
| 2021 | €494.98 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 19th, 2026 the market cap of Modulight Oyj was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $45.88 Million USD |
| MoneyControl | $45.88 Million USD |
| MarketWatch | $45.88 Million USD |
| marketcap.company | $45.88 Million USD |
| Reuters | $45.88 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.