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TMCI

BEARISH
$1.97 Live
Treace Medical Concepts, Inc. · NASDAQ
Target $4.25 (+115.7%)
$1.17 52W Range $7.78

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 21, 2026
Market cap
$127.63M
P/E
N/A
ROE
-58.9%
Profit margin
-27.7%
Debt/Equity
0.82
Dividend yield
N/A

AI Analysis

AI-powered fundamental assessment

Confidence
80%
TMCI presents a precarious financial profile characterized by a stable Piotroski F-Score of 5/9 but severe operational headwinds. While the company maintains strong liquidity (Current Ratio 4.31) and impressive gross margins (79.81%), these are offset by negative revenue growth (-9.00% YoY) and consistent net losses. The stock has experienced a catastrophic long-term decline, losing over 92% of its value over the last five years, suggesting a fundamental breakdown in investor confidence despite analyst target prices remaining optimistic.

Key Strengths

Very high gross margins (79.81%) indicating strong product pricing power
Strong short-term liquidity with a current ratio of 4.31
Consistent track record of beating earnings estimates in recent quarters
Low Price-to-Sales ratio (0.60) suggesting potential undervaluation of revenue
Manageable Debt/Equity ratio (0.82) compared to healthcare sector averages

Key Risks

Negative revenue growth (-9.00% YoY) indicating market share loss or demand decline
Persistent lack of profitability with a profit margin of -27.74%
Severe long-term price depreciation (-92.3% over 5 years)
Micro-cap volatility and low market capitalization ($0.13B)
Negative Return on Equity (-58.94%) and Return on Assets (-16.61%)
AI Fair Value Estimate
Based on comprehensive analysis
$3.1
+57.4% above current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
27
Weak
Value
45
Future
20
Past
10
Health
60
Dividend
0
AI Verdict
Speculative / High Risk
Key drivers: Revenue contraction, Chronic net losses, Extreme price decay, Strong liquidity buffer
Confidence
85%
Value
45/100

Trades at a low multiple of sales, but lacks the earnings to support a Graham Number valuation.

Positives
  • Low P/S ratio of 0.60
Watchpoints
  • No P/E due to negative earnings
  • Negative forward P/E
Future
20/100

Revenue growth is trending downward, which is a critical failure for a medical device company.

Positives
  • Recent EPS beats
Watchpoints
  • Negative YoY and Q/Q revenue growth
  • Lack of clear path to profitability
Past
10/100

Historical price action shows a consistent and severe downward trend.

Positives
No standout positives identified.
Watchpoints
  • 5-year return of -92.3%
  • 1-year return of -69.4%
Health
60/100

Balance sheet liquidity is the company's strongest attribute, preventing immediate distress.

Positives
  • Piotroski F-Score of 5/9
  • High Current Ratio (4.31)
Watchpoints
  • Negative ROE and ROA
Dividend
0/100

Non-dividend paying growth/speculative stock.

Positives
No standout positives identified.
Watchpoints
  • No dividend payments
  • 0/100 dividend strength

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$1.97
Analyst Target
$4.25
Upside/Downside
+115.7%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for TMCI and closest competitors.

Updated 2026-04-20
TMC
Treace Medical Concepts, Inc.
Primary
5Y
-92.3%
3Y
-92.6%
1Y
-69.4%
6M
-71.0%
1M
+58.9%
1W
-2.0%
JYN
The Joint Corp.
Peer
5Y
-83.5%
3Y
-44.4%
1Y
-12.2%
6M
+8.3%
1M
+2.6%
1W
+1.5%
IPH
Innate Pharma S.A.
Peer
5Y
-67.1%
3Y
-58.3%
1Y
-22.5%
6M
-30.5%
1M
-9.0%
1W
+2.9%
OPR
OptimizeRx Corporation
Peer
5Y
-87.6%
3Y
-55.5%
1Y
-23.2%
6M
-68.6%
1M
-2.0%
1W
-1.5%
HYP
Hyperfine, Inc.
Peer
5Y
-88.1%
3Y
-17.1%
1Y
+81.4%
6M
-30.9%
1M
+2.5%
1W
+7.1%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
N/A
Forward P/E
-2.19
PEG Ratio
N/A
P/B Ratio
1.44
P/S Ratio
0.6
EV/Revenue
0.71
EV/EBITDA
-3.38
Market Cap
$127.63M

Profitability

Profit margins and return metrics

Profit Margin -27.74%
Operating Margin -9.47%
Gross Margin 79.81%
ROE -58.94%
ROA -16.61%

Growth

Revenue and earnings growth rates

Revenue Growth -9.0%
Earnings Growth N/A
Q/Q Revenue Growth -9.01%
Q/Q Earnings Growth N/A

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
0.82
Moderate
Current Ratio
4.31
Strong
Quick Ratio
2.96
Excellent
Cash/Share
$0.75

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Revenue
$0.1B
Gross Margin
80.6%
Op. Margin
-9.5%
Net Margin
-15.0%
Total Assets
$0.2B
Liabilities
$0.1B
Equity
$0.1B
Debt/Equity
1.18x
Operating CF
$-0.0B
CapEx
$-0.0B
Free Cash Flow
$-0.0B
FCF Yield
130%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-05-07
$N/A
2026-02-27
$-0.08
+44.1% surprise
2025-11-06
$-0.22
+18.2% surprise
2025-08-07
$-0.26
+9.8% surprise

Healthcare Sector Comparison

Comparing TMCI against 498 companies in the Healthcare sector (28 bullish, 153 neutral, 317 bearish)
Return on Equity (ROE)
-58.94%
This Stock
vs
-95.47%
Sector Avg
-38.3% (Below Avg)
Profit Margin
-27.74%
This Stock
vs
-15.87%
Sector Avg
+74.8% (Superior)
Debt to Equity
0.82
This Stock
vs
2.89
Sector Avg
-71.5% (Less Debt)
Revenue Growth
-9.0%
This Stock
vs
137.48%
Sector Avg
-106.5% (Slower)
Current Ratio
4.31
This Stock
vs
4.66
Sector Avg
-7.5% (Weaker)

Similar Companies

Peer comparison within the same industry

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

HAIR MARK
Chief Financial Officer
Stock Award
2026-04-01
100,000 shares
SCANLAN SEAN F
Officer
Option Exercise
2026-02-10
16,875 shares · $17,719
GUGLIELMINO GAETANO M
Officer
Stock Award
2026-01-22
150,000 shares
HAIR MARK
Chief Financial Officer
Stock Award
2026-01-22
375,000 shares
SCANLAN SEAN F
Chief Technology Officer
Stock Award
2026-01-22
262,500 shares
TREACE JOHN T.
Chief Executive Officer
Stock Award
2026-01-22
250,000 shares
ELDER SCOT MICHAEL
Officer
Stock Award
2026-01-22
262,500 shares
SCANLAN SEAN F
Chief Technology Officer
Option Exercise
2026-01-21
53,500 shares · $38,520
Insider transactions can signal confidence or concerns about company prospects

SEC Filings

Recent regulatory filings from the SEC EDGAR database

8-K
8-K
2026-04-09
DEF 14A
DEF 14A
2026-04-06

TMCI filed a definitive proxy statement on April 6, 2026, providing shareholders with necessary information and voting materials for an upcoming meeting.

10-K
10-K
2026-02-27

TMCI filed its annual 10-K report on February 27, 2026. Due to the lack of detailed content in the provided excerpts, specific financial highlights and risk factors are not available for summary.

8-K
8-K
2026-02-27

TMCI filed an 8-K on February 27, 2026, likely to announce its fourth-quarter and full-year financial results.

8-K
8-K
2026-01-13
8-K
8-K
2025-12-18
10-Q
10-Q
2025-11-06

TMCI submitted its 10-Q filing on November 6, 2025. While the document includes a section for Risk Factors under Item 1A, no specific financial highlights or detailed risk disclosures were provided in the available excerpt.

8-K
8-K
2025-11-06
10-Q
10-Q
2025-08-07

TMCI filed its 10-Q on August 7, 2025. While the filing includes a section dedicated to Risk Factors, no specific financial highlights or detailed risk descriptions were provided in the available excerpt.

8-K
8-K
2025-08-07

TMCI filed an 8-K likely announcing its second-quarter financial results.

8-K
8-K
2025-05-21
10-Q
10-Q
2025-05-08
8-K
8-K
2025-05-08
DEF 14A
DEF 14A
2025-04-07
8-K
8-K
2025-04-07
Data sourced from SEC EDGAR. AI summaries generated automatically.

Wall Street Analysts

Professional analyst ratings and price targets

Consensus
HOLD
4 analysts
Lake Street
2026-03-02
Maintains
Buy Buy
Stifel
2026-01-07
Maintains
Hold Hold
Truist Securities
2025-12-18
Maintains
Hold Hold
Truist Securities
2025-11-10
reit
Hold Hold
UBS
2025-11-07
Maintains
Neutral Neutral
JP Morgan
2025-11-07
down
Neutral Underweight
BTIG
2025-11-07
down
Buy Neutral

Past News Coverage

Recent headlines mentioning TMCI from our newsroom.

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