Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Applied Energetics's share price for the quarter that ended in Mar. 2026 was $1.27. Applied Energetics's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 229.81 Mil. Therefore, Applied Energetics's market cap for the quarter that ended in Mar. 2026 was $291.85 Mil.
Applied Energetics's quarterly market cap
declined
from Sep. 2025 ($436.63 Mil) to Dec. 2025 ($415.54 Mil) and
declined
from Dec. 2025 ($415.54 Mil) to Mar. 2026 ($291.85 Mil).
Applied Energetics's annual market cap
declined
from Dec. 2023 ($467.89 Mil) to Dec. 2024 ($136.87 Mil) but then
increased
from Dec. 2024 ($136.87 Mil) to Dec. 2025 ($415.54 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Applied Energetics's Enterprise Value for Today is $276.74 Mil.
Applied Energetics (OTCPK:AERG) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Applied Energetics Market Cap Related Terms
Applied Energetics Market Cap Historical Data
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The historical data trend for Applied Energetics's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Scientific & Technical Instruments subindustry, Applied Energetics's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Applied Energetics Market Cap vs Hardware Industry
For the Hardware industry and Technology sector, Applied Energetics's Market Cap distribution charts can be found below:
* The bar in red indicates where Applied Energetics's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Applied Energetics's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Applied Energetics (AERG) has a Market Cap of $279.93 Mil as of Jun. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Applied Energetics and its competitors. According to the industry distribution chart, Applied Energetics ranks #1130 out of 2514 companies in the Hardware industry, placing it in the top 44.9%.
Is Applied Energetics' Market Cap too high?
Applied Energetics' current Market Cap is $279.93 Mil. The Hardware industry median Market Cap is 211.80. Applied Energetics' value of $279.93 Mil is 32.2% above this industry median. Based on the distribution chart, Applied Energetics ranks #1130 out of 2514 companies in the Hardware industry, which is above the industry midpoint. Overall, Applied Energetics has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Energetics' Market Cap compare to MVIS and ARBE?
According to the Hardware industry distribution chart, Applied Energetics ranks #1130 out of 2514 companies for Market Cap. This puts Applied Energetics in the upper half of its industry. The industry median Market Cap is 211.80. Applied Energetics' value of $279.93 Mil is 32.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Hardware company?
The median Market Cap among Hardware companies is 211.80, based on 2,514 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Applied Energetics's current Market Cap of $279.93 Mil is 32.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Applied Energetics and its competitors. For the Hardware industry, the median Market Cap is 211.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Energetics's current Market Cap is $279.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Energetics stock overvalued right now?
Based on GuruFocus' analysis, Applied Energetics (AERG) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.33, compared to a current price of $1.25 — trading 278.8% above its estimated fair value. The current Market Cap is $279.93 Mil and 32.2% above the Hardware industry median of 211.80. Applied Energetics' overall GF Score™ is 26/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Applied Energetics (AERG), the current Market Cap is $279.93 Mil as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Applied Energetics (AERG) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Energetics stock appears to be overvalued.
The current stock price of $1.25 is trading 278.8% above its estimated GF Value™ of $0.33.
GuruFocus considers Applied Energetics to be Significantly Overvalued.
Key valuation signals for AERG:
Market Cap: $279.93 Mil
GF Value™: $0.33 vs. price of $1.25 (278.8% above fair value)
Industry Position: 32.2% above the Hardware median (#1130 of 2514)
No single metric tells the full story. See the AERG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Energetics Inc specializes in laser and photonics systems, particularly fiber-based ultrashort pulse (USP) laser technologies. Its powerful, dual-use systems are designed for integration and deployment on numerous potential defense platforms for the delivery of high-intensity, ultrashort pulses of light to disable or destroy a target or disrupt a mission. These technologies have applications in both national security and commercial markets. The company operates as one operating segment with a focus on the development and manufacture of high-performance lasers and optical systems, and integrated guided energy systems, for prospective defense, national security, industrial, biomedical, and scientific customers across the world.
26GF Score
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