Titan Medical Inc trades with the ticker TMD on the TSX and is in the Medical Devices industry.
Overview
Titan Medical Inc., a medical technology company, focuses on the development and commercialization of robotic assisted surgical technologies for application in minimally invasive surgery. It is developing the Enos system, a robotic single access surgical system that includes a surgeon-controlled patient cart comprising a 3D high-definition vision system and multi-articulating instruments for performing surgical procedures; and a surgeon workstation that provides the surgeon with ergonomic interface to the patient cart and a 3D endoscopic view inside the patient’s body during surgical procedures. The company is headquartered in Toronto, Canada.
Looking to invest in Titan Medical Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
Table of Contents
show
TMD.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $10.156MM
PE Ratio:
Price: 0.09 (Updated: 3/12/2024 0:47:16)
Titan Medical Inc (TMD) vs Competitors in Medical Devices
Lets see how TMD.TO stacks up against others in the Medical Devices asset management industry. We have identified its main peers as:Helius Medical Technologies, Inc, Neovasc Inc, Profound Medical Corp, Viemed Healthcare, Inc
.Medical Devices Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Helius Medical Technologies, Inc (HSM) | $42.531 | N/A | 0.0 | 0.0% |
| Neovasc Inc (NVCN) | $111.76 | N/A | -0.162 | 0.0% |
| Profound Medical Corp (PRN) | $266.031 | N/A | -9.016 | N/A% |
| Titan Medical Inc (TMD) | $10.156 | N/A | -0.199 | N/A% |
| Viemed Healthcare, Inc (VMD) | $402.21 | 32.656 | 11.736 | 0.0% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Medical Devices
- Titan Medical Inc (TMD) vs Helius Medical Technologies, Inc (HSM)
- TMD has higher EPS (-0.04 vs -11.019). HSM provides dividends, while TMD does not. HSM and TMD both have P/E’s under 0.
- Titan Medical Inc (TMD) vs Neovasc Inc (NVCN)
- TMD has higher EPS (-0.04 vs -20.44). NVCN provides dividends, while TMD does not. NVCN and TMD both have P/E’s under 0.
- Titan Medical Inc (TMD) vs Profound Medical Corp (PRN)
- TMD has higher EPS (-0.04 vs -1.88). PRN and TMD both have P/E’s under 0.
- Titan Medical Inc (TMD) vs Viemed Healthcare, Inc (VMD)
- VMD has higher EPS (0.32 vs -0.04). VMD provides dividends, while TMD does not. TMD has a P/E under 0, indicating VMD (P/E 32.656) is in a better position.
Our Recommendation: Hold
Features a lower EV/EBITDA ratio (-0.20) than the industry average (0.47), indicating attractive valuation.
How to Buy TMD stock on the TSX
You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:| Image | Product Title | Features | Price |
|---|---|---|---|
Editor's Choice  |
| Get $25 Signup Bonus | |
Reliable Pick  |
| Get $50 Free Stock Trades |
