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Company Analysis

Treace Medical Concepts, Inc. TMCI

A comprehensive view of key metrics, scores, and financial health for Treace Medical Concepts, Inc.

Overview of Treace Medical Concepts, Inc.

TMCI NMS
Healthcare Medical Devices Micro Cap
Treace Medical Concepts, Inc. (TMCI), is a Micro Cap company, in the Medical Devices industry, last closed at $1.92, about 155.7% undervalued vs fair value, -73.0% 1Y return, ranked 601/1121 in sector.
Metrics Rev Growth 1.6% ROE -58.9% Gross Margin 79.8%
$1.92
-0.52%
As of April 28, 2026
Previous close • Vol 90d: 92.5%
52-Week Range
Market Cap
$124.07M
Enterprise Value
$127.34M
Overall Score
View breakdown
Overall
Growth
Weak
Profitability
Fair
Health
Weak
Efficiency
Fair
Valuation
Weak
Growth
Weak
Profitability
Fair
Health
Weak
Efficiency
Fair
Valuation
Weak
Completeness: 82%
Confidence: 53%
Updated: Mar 8
Top Beats

Quick Facts

Website https://www.treace.com
HQ Ponte Vedra, FL
Employees 477
Fiscal year Dec 31

Next Events

Earnings May 7 Estimated

Fair Value Snapshot

Bear Base Bull
$4
$5
$6
Current: $1.92 +156% vs base

Engine Room Money Flow™

Micro Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$212.7M
1.6%%
Gross Profit
$169.8M
0.9%%
Operating Income
$-54.2M
2.8%%
Net Income
$-59.0M
-5.8%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Cash Conversion Ratio
82.6%
Good

FCF / Net Income - measures how well earnings convert to cash

Locked Metric
-
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Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
3
Active Leaks
0/3
Improving
0
High Impact
3
Critical
Locked Leak
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Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Treace Medical Concepts, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
58
/100
Moderate
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Moderate
74
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Generic Industrial / Default vs Industry Peers 88% Coverage
Trade-Off Triangle Visualization A ternary plot showing TMCI's balance between Growth (28.6%), Profitability (39.6%), and Safety (31.9%). Growth 29% Safety 32% Profitability 40%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

39th percentile vs peers
39
Key Signals
Revenue CAGR 3Y 14.5% 58p Rev Growth YoY 1.6% 33p EPS Growth YoY -10.3% 23p
Strengths
  • Gross Profit Margin in top 20% of peers (79.8%, 87th percentile)
  • Strong liquidity position vs peers
Risks
  • Growth below peer median (percentile: 39)

Profitability

54th percentile vs peers
54
Key Signals
Strengths
Risks
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Safety

43th percentile vs peers
44
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Treace Medical Concepts, Inc..

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$4.91
- - -
+155.7% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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