TNON

Tenon Medical, Inc.

Healthcare · $1M market cap

Verdict

We can't put a fair value on TNON right now. It has lost money in each of its last 3 years, and our valuation needs recent profits to project from.

Business quality

2 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth—?
Equity per share growth—?
Sales growth46.7% a year✓
Free cash flow growth—?
Return on invested capital18.7%✓

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Insider activity

Since Sep 1, 2026: 7 open-market purchases worth $398K, 5 sales worth $546K and 2 other filings (stock awards, tax withholding and similar). Why purchases matter

Purchases

Sales

Other filings

About Tenon Medical, Inc.

Tenon Medical, Inc., a medical device company, engages in the development of implant for the treatment of severe lower back pain in the United States. The company offers Catamaran SI-Joint Fusion System, an invasive approach to the sacroiliac joint (SI Joint) using a titanium implant for treatment of the most common types of SI Joint disorders that cause lower back pain. It also provides Catamaran Fixation Device…

Medical - Devices

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works