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Tenon Medical Inc TNON

Morningstar Rating
$0.75 +0.02 (2.95%)
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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 59% discount.
Price
$0.73
Fair Value
$4.62
Uncertainty
Extreme
1-Star Price
$99.28
5-Star Price
$3.48
Economic Moat
Qbt
Capital Allocation
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News

Trading Information

Previous Close Price
$0.73
Day Range
$0.710.76
52-Week Range
$0.7123.00
Bid/Ask
$0.71 / $0.76
Market Cap
$2.80 Mil
Volume/Avg
28,678 / 278,761

Key Statistics

Price/Earnings (Normalized)
Price/Sales
0.05
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Tenon Medical Inc is a medical device company that has developed a novel, 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: 1) Primary SI Joint procedures, 2) Revision procedures of failed SI Joint implants, and 3) 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 Growth
Total Number of Employees
21

Valuation

Metric
TNON
Price/Earnings (Normalized)
Price/Book Value
2.51
Price/Sales
0.05
Price/Cash Flow
Price/Earnings
No chart available

Financial Strength

Metric
TNON
Quick Ratio
0.94
Current Ratio
1.24
Interest Coverage
−740.95
Quick Ratio
TNON

Profitability

Metric
TNON
Return on Assets (Normalized)
−137.36%
Return on Equity (Normalized)
−448.89%
Return on Invested Capital (Normalized)
−320.05%
Return on Assets
TNON
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