Tenon Medical Inc
NASDAQ:TNON

Watchlist Manager
Tenon Medical Inc Logo
Tenon Medical Inc
NASDAQ:TNON
Watchlist
Price: 0.95 USD -2.46% Market Closed
Market Cap: $10.3m

Relative Value

The Relative Value of one TNON stock under the Base Case scenario is 2.2 USD. Compared to the current market price of 0.95 USD, Tenon Medical Inc is Undervalued by 57%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TNON Relative Value
Base Case
2.2 USD
Undervaluation 57%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

TNON Competitors Multiples
Tenon Medical Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Tenon Medical Inc
NASDAQ:TNON
10.3m USD 3.2 -0.8 -0.5 -0.5
US
Intuitive Surgical Inc
NASDAQ:ISRG
187.7B USD 19.5 68.3 52.1 63.6
US
Abbott Laboratories
NYSE:ABT
184.6B USD 4.2 13.2 16.9 23.5
US
Boston Scientific Corp
NYSE:BSX
135.6B USD 7 48.6 28.5 38.7
US
Stryker Corp
NYSE:SYK
134.5B USD 5.5 45.7 22.3 27
IE
Medtronic PLC
NYSE:MDT
128.9B USD 3.7 27.1 15.2 22
US
Becton Dickinson and Co
NYSE:BDX
57B USD 2.6 34.2 12.6 21.4
DE
Siemens Healthineers AG
XETRA:SHL
48.1B EUR 2.1 22.5 12.8 18
US
IDEXX Laboratories Inc
NASDAQ:IDXX
55.8B USD 13.3 53.9 38.8 42.9
US
Edwards Lifesciences Corp
NYSE:EW
48.5B USD 8.2 35.4 25.3 27.7
US
Resmed Inc
NYSE:RMD
36.6B USD 7 25.4 18.2 20.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Tenon Medical Inc
NASDAQ:TNON
Average EV/EBITDA: 24.3
Negative Multiple: -0.5
N/A N/A
US
Intuitive Surgical Inc
NASDAQ:ISRG
52.1
26%
2
US
Abbott Laboratories
NYSE:ABT
16.9
12%
1.4
US
Boston Scientific Corp
NYSE:BSX
28.5
22%
1.3
US
Stryker Corp
NYSE:SYK
22.3
13%
1.7
IE
Medtronic PLC
NYSE:MDT
15.2
8%
1.9
US
Becton Dickinson and Co
NYSE:BDX
12.6
8%
1.6
DE
Siemens Healthineers AG
XETRA:SHL
12.8
11%
1.2
US
IDEXX Laboratories Inc
NASDAQ:IDXX
38.8
14%
2.8
US
Edwards Lifesciences Corp
NYSE:EW
25.3
13%
1.9
US
Resmed Inc
NYSE:RMD
18.2
11%
1.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Tenon Medical Inc
NASDAQ:TNON
Average EV/EBIT: 30.5
Negative Multiple: -0.5
N/A N/A
US
Intuitive Surgical Inc
NASDAQ:ISRG
63.6
28%
2.3
US
Abbott Laboratories
NYSE:ABT
23.5
21%
1.1
US
Boston Scientific Corp
NYSE:BSX
38.7
32%
1.2
US
Stryker Corp
NYSE:SYK
27
16%
1.7
IE
Medtronic PLC
NYSE:MDT
22
17%
1.3
US
Becton Dickinson and Co
NYSE:BDX
21.4
21%
1
DE
Siemens Healthineers AG
XETRA:SHL
18
15%
1.2
US
IDEXX Laboratories Inc
NASDAQ:IDXX
42.9
15%
2.9
US
Edwards Lifesciences Corp
NYSE:EW
27.7
14%
2
US
Resmed Inc
NYSE:RMD
20.2
12%
1.7