Nexalin Technology, Inc. (NXL) vs Tenon Medical, Inc. (TNON)

Nexalin Technology, Inc. and Tenon Medical, Inc. are both Medical Devices companies. Nexalin Technology, Inc. is the larger, with a market value of $3.6M against $3.2M — 1.1× the size. Tenon Medical, Inc. grew revenue faster over the last twelve months: 80.3% against 24.3%. Tenon Medical, Inc. has the higher net margin (−257.9% vs −4,138.5%) and the higher return on invested capital (0.00% vs −1,108.8%). Across the 16 metrics below, Tenon Medical, Inc. leads on 12 and Nexalin Technology, Inc. on 4.

Valuation

Metric NXL TNON Medical Devices median
P/E n/m n/m 22.18
P/S 14.23 0.19 2.70
P/B 2.03 n/m 2.46
Price to free cash flow n/m n/m 22.53
EV/EBITDA n/m 0.01 11.78
EV/Sales 9.62 (0.03) 2.38
Earnings yield (328.35%) (1,433.46%) (8.22%)
Free cash flow yield (205.04%) (1,249.22%) (7.80%)

Profitability

Metric NXL TNON Medical Devices median
Gross margin 86.14% 66.81% 56.01%
Operating margin (4,201.66%) (242.70%) (15.03%)
Net margin (4,138.49%) (257.85%) (20.40%)
Free cash flow margin (2,917.96%) (241.43%) (7.24%)
Return on equity (240.25%) 1,475.97% (15.32%)
Return on assets (187.89%) (130.22%) (19.72%)
Return on invested capital (1,108.82%) 0.00% (10.33%)

Growth

Metric NXL TNON Medical Devices median
Revenue growth (TTM) 24.26% 80.25% 8.80%
EPS growth (last fiscal year) 39.76% 84.90% —
Revenue growth, 5-year CAGR 4.42% 145.98% 15.23%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric NXL TNON Medical Devices median
Debt to equity 0.00 0.00 0.07
Current ratio 1.25 0.58 2.50
Net debt to EBITDA 0.44 0.31 0.49

Dividend

Metric NXL TNON Medical Devices median
Dividend yield — — 0.94%
Payout ratio — — 0.00

Size

Metric NXL TNON Medical Devices median
Market cap 3.61m 3.24m 172.91m

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