Tenon Medical Inc TNON

Morningstar Rating
$0.20 0.00 (1.67%)
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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|t@wK@$ premium.
Price
$0.20
Fair Value
LOCK|?$&yDPR
Uncertainty
LOCK|<Fv
1-Star Price
LOCK|KQs^$?
5-Star Price
LOCK|dt?>>C@
Economic Moat
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Capital Allocation

Trading Information

Previous Close Price
$0.20
Day Range
$0.200.21
52-Week Range
$0.192.48
Bid/Ask
$0.20 / $0.21
Shares Outstanding
17.38M
Market Cap
$3.50M
Volume/Avg
266,363 / 7M

Key Statistics

Price/Earnings (Normalized)
Price/Sales
0.41
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

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
0.41
Price/Cash Flow
Price/Earnings
TNON

Financial Strength

Metric
TNON
Quick Ratio
0.89
Current Ratio
1.03
Interest Coverage
−69.55
Quick Ratio
TNON

Profitability

Metric
TNON
Return on Assets (Normalized)
−98.05%
Return on Equity (Normalized)
−516.67%
Return on Invested Capital (Normalized)
−167.48%
Return on Assets
TNON

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1-Day Chart
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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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