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TNON$0.67-2.70%
Fair $0.67+0.0%

TNON

Tenon Medical, Inc.

Healthcare / Medical DevicesNasdaqCM

$0.67

-0.02 (-2.70%)

Fairly Valued+0.0%Fair Value $0.67Fund rank 29/100 · Data gapFallback financials|
SA 22/D
F-Score: 5/9
Low Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 33% · confianza 22%

FCF escenarios

weak_data · normalized FCF $-11.0M · quality 58.0/100

Data gap 29/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 22/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

22/100

D

Piotroski

5/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 5Warnings: 1unknown: 5
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. ROE is -2.5%, below the 5% threshold
Thesis & Journal · TNONLocal privado en este navegador · Tenon Medical, Inc.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$8M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-249.1%

↓

Gross Margin

59.8%

↑

Debt/Equity

0.03

↓
52-Week Range$1
$1$2

TradingView lightweight chart

TNON price, volumen y niveles de valoración

Último $0.671Periodo -100.0%
Fair value: $0.671

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2021–2025 · 4 años de histórico normalizado

Revenue CAGR

+122.8%

FCF CAGR

—

FCF margin

-279.4%

FCF / Net income

0.88x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $3.9M · net income $-12.6M · FCF $-11.0M

2021-FY → 2025-FY

Gross margin

59.8%-5.8% pts

Operating margin

-324.3%+3713.8% pts

Net margin

-318.4%+4086.6% pts

FCF margin

-279.4%+2466.9% pts
MetricTTM
2025
2024
2023
2022
2021
Income Statement
Revenue$3.9M$3.9M$3.3M$2.9M$691000.00$160000.00
Net Income$-12.6M$-12.6M$-13.7M$-15.6M$-18.9M$-7.0M
EBITDA$-12.0M$-12.0M$-13.0M$-15.1M$-18.3M—
EPS——-11.26-68.72-188.96-624.80
Gross Margin59.8%59.8%52.2%42.4%-92.8%65.6%
Operating Margin-324.3%-324.3%-420.1%-537.1%-2709.8%-4038.1%
Net Margin-318.4%-318.4%-417.2%-532.1%-2737.6%-4405.0%
Balance Sheet
Debt/Equity0.030.030.072.390.15—
Current Ratio1.031.03————
Cash Flow
Free Cash Flow$-11.0M$-11.0M$-10.1M$-12.5M$-12.9M$-4.4M
Returns
ROE-249.1%-249.1%-229.0%-2002.7%-302.6%34.3%
Valuation
P/B1.451.450.443.732.06—
Growth & Yield
Revenue Growth20.4%20.4%11.9%323.7%——
EPS Growth——83.6%63.6%——

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -37.8%

Total return

-37.8%

Start / end P/E

n/dx → n/dx

EPS bridge

-11.26 → n/d

Residual

-37.8%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-37.8%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.