Tenon Medical Inc TNON

Morningstar Rating
$3.70 −0.34 (8.42%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

TNON is trading at a LOCK|J!&s!q premium.
Price
$3.70
Fair Value
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Uncertainty
LOCK|k% PBN#
1-Star Price
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5-Star Price
LOCK|#s#!MG!
Economic Moat
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Capital Allocation
—

News

Trading Information

Previous Close Price
$4.04
Day Range
$3.65–4.65
52-Week Range
$2.40–50.40
Bid/Ask
$3.60 / $3.61
Shares Outstanding
1.60M
Market Cap
$2.47M
Volume/Avg
6M / 6M

Key Statistics

Price/Earnings (Normalized)
—
Price/Sales
0.22
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
3.49%

Company Profile

Tenon Medical Inc is a medical device company that has minimally invasive approach to the sacroiliac joint (the SI Joint) using a single, robust, titanium implant for the treatment of the common types of SI Joint disorders that cause lower back pain. The Company is focused on three commercial opportunities; Primary SI Joint procedures, Revision procedures of failed SI Joint implants, and SI Joint fusion adjunct to a spine fusion construct. The company derives the majority of its revenue from sales of The Catamaran System to a limited number of clinicians.
Sector
Healthcare
Industry
Medical Devices
Stock Style Box
Small Value
Total Number of Employees
26

Valuation

Metric
TNON
Price/Earnings (Normalized)
—
Price/Book Value
—
Price/Sales
0.22
Price/Cash Flow
—
Price/Earnings
TNON

Financial Strength

Metric
TNON
Quick Ratio
0.44
Current Ratio
0.58
Interest Coverage
−12.32
Quick Ratio
TNON

Profitability

Metric
TNON
Return on Assets (Normalized)
−115.35%
Return on Equity (Normalized)
−9,685.50%
Return on Invested Capital (Normalized)
−208.92%
Return on Assets
TNON

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