Tenon Medical Stock Return On Equity
| TNON Stock | USD 0.75 0.01 1.51% |
Tenon Medical fundamentals help investors to digest information that contributes to Tenon Medical's financial success or failures. It also enables traders to predict the movement of Tenon Stock. The fundamental analysis module provides a way to measure Tenon Medical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tenon Medical stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (20.03) | (19.03) |
Tenon | Return On Equity |
Tenon Medical Company Return On Equity Analysis
Tenon Medical's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Tenon Medical Return On Equity | -4.43 |
Most of Tenon Medical's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tenon Medical is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tenon Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Tenon Medical is extremely important. It helps to project a fair market value of Tenon Stock properly, considering its historical fundamentals such as Return On Equity. Since Tenon Medical's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tenon Medical's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tenon Medical's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Tenon Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Tenon Medical has a Return On Equity of -4.4327. This is 81.51% lower than that of the Health Care Equipment & Supplies sector and 49.22% lower than that of the Health Care industry. The return on equity for all United States stocks is notably higher than that of the company.
Tenon Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tenon Medical's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tenon Medical could also be used in its relative valuation, which is a method of valuing Tenon Medical by comparing valuation metrics of similar companies.Tenon Medical is currently under evaluation in return on equity category among related companies.
Tenon Fundamentals
| Return On Equity | -4.43 | ||||
| Return On Asset | -1.13 | ||||
| Operating Margin | (3.89) % | ||||
| Current Valuation | 3.08 M | ||||
| Shares Outstanding | 3.73 M | ||||
| Shares Owned By Insiders | 10.51 % | ||||
| Shares Owned By Institutions | 13.23 % | ||||
| Number Of Shares Shorted | 20.81 K | ||||
| Price To Book | 3.84 X | ||||
| Price To Sales | 1.02 X | ||||
| Revenue | 2.93 M | ||||
| Gross Profit | (641 K) | ||||
| EBITDA | (15.3 M) | ||||
| Net Income | (15.58 M) | ||||
| Cash And Equivalents | 16.02 M | ||||
| Cash Per Share | 1.42 X | ||||
| Total Debt | 1.86 M | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 7.54 X | ||||
| Book Value Per Share | 0.30 X | ||||
| Cash Flow From Operations | (12.18 M) | ||||
| Short Ratio | 0.79 X | ||||
| Earnings Per Share | (85.90) X | ||||
| Target Price | 3.5 | ||||
| Number Of Employees | 21 | ||||
| Beta | 2.21 | ||||
| Market Capitalization | 2.82 M | ||||
| Total Asset | 6.34 M | ||||
| Retained Earnings | (55.07 M) | ||||
| Working Capital | 6.82 M | ||||
| Net Asset | 6.34 M |
About Tenon Medical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tenon Medical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tenon Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tenon Medical based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Complementary Tools for Tenon Stock analysis
When running Tenon Medical's price analysis, check to measure Tenon Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tenon Medical is operating at the current time. Most of Tenon Medical's value examination focuses on studying past and present price action to predict the probability of Tenon Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenon Medical's price. Additionally, you may evaluate how the addition of Tenon Medical to your portfolios can decrease your overall portfolio volatility.
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Is Tenon Medical's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tenon Medical. If investors know Tenon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tenon Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (85.90) | Revenue Per Share 1.614 | Quarterly Revenue Growth 1.917 | Return On Assets (1.13) | Return On Equity (4.43) |
The market value of Tenon Medical is measured differently than its book value, which is the value of Tenon that is recorded on the company's balance sheet. Investors also form their own opinion of Tenon Medical's value that differs from its market value or its book value, called intrinsic value, which is Tenon Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tenon Medical's market value can be influenced by many factors that don't directly affect Tenon Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tenon Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenon Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenon Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.