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Tenon Medical (Tenon Medical) EV-to-FCF : -0.21 (As of May. 22, 2024)


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What is Tenon Medical EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Tenon Medical's Enterprise Value is $2.36 Mil. Tenon Medical's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 was $-11.34 Mil. Therefore, Tenon Medical's EV-to-FCF for today is -0.21.

The historical rank and industry rank for Tenon Medical's EV-to-FCF or its related term are showing as below:

TNON' s EV-to-FCF Range Over the Past 10 Years
Min: -72.73   Med: -0.26   Max: 0.24
Current: -0.22

During the past 4 years, the highest EV-to-FCF of Tenon Medical was 0.24. The lowest was -72.73. And the median was -0.26.

TNON's EV-to-FCF is ranked worse than
100% of 362 companies
in the Medical Devices & Instruments industry
Industry Median: 28.055 vs TNON: -0.22

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-22), Tenon Medical's stock price is $0.7569. Tenon Medical's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $-7.215. Therefore, Tenon Medical's PE Ratio for today is At Loss.


Tenon Medical EV-to-FCF Historical Data

The historical data trend for Tenon Medical's EV-to-FCF 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.

* Premium members only.

Tenon Medical EV-to-FCF Chart

Tenon Medical Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-FCF
- - -0.78 -0.28

Tenon Medical Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.14 -0.03 -0.09 -0.28 -0.27

Competitive Comparison of Tenon Medical's EV-to-FCF

For the Medical Devices subindustry, Tenon Medical's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


Tenon Medical's EV-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Tenon Medical's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Tenon Medical's EV-to-FCF falls into.



Tenon Medical EV-to-FCF Calculation

Tenon Medical's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2.358/-11.341
=-0.21

Tenon Medical's current Enterprise Value is $2.36 Mil.
Tenon Medical's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.34 Mil.

* 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.


Tenon Medical  (NAS:TNON) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Tenon Medical's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.7569/-7.215
=At Loss

Tenon Medical's share price for today is $0.7569.
Tenon Medical's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.215.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Tenon Medical EV-to-FCF Related Terms

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Tenon Medical (Tenon Medical) Business Description

Traded in Other Exchanges
N/A
Address
104 Cooper Court, Los Gatos, CA, USA, 95032
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 derives the majority of its revenue from sales of The Catamaran System to a limited number of clinicians.
Executives
Van Dick Steven M officer: Chief Financial Officer HANSEN MEDICAL, INC., 380 N BERNARDO AVENUE, MOUNTAIN VIEW CA 94043
Richard Ginn director, officer: Chief Technology Officer 104 COOPER COURT, LOS GATOS CA 95032
Steven M Foster director, officer: CEO and President 104 COOPER COURT, LOS GATOS CA 95032
Stephen Hochschuler director C/O TENON MEDICAL, INC., 104 COOPER COURT, LOS GATOS CA 95032
Frank M Fischer director 9701 JERONIMO, IRVINE CA 92618
Richard M Ferrari director 2118 WALSH AVENUE, SUITE 210, SANTA CLARA CA 95050
Ivan Howard director 104 COOPER COURT, LOS GATOS CA 95032
Robert K Weigle director 104 COOPER COURT, LOS GATOS CA 95032
Ventures Ag Zuhlke 10 percent owner ZURCHERSTRASSE 39J, SCHLIEREN V8 8952