TELA Bio, Inc.

TELA Bio, Inc.

TELA·NASDAQ

$1.14

+0.44%
HealthcareMedical - Devices

TELA Bio, Inc., a commercial-stage medical technology company, focuses on providing soft-tissue reconstruction solutions that optimize clinical outcomes by prioritizing the preservation and restoration of the patient's anatomy. It provides a portfolio of OviTex Reinforced Tissue Matrix (OviTex) products for hernia repair and abdominal wall reconstruction; and OviTex PRS Reinforced Tissue Matrix products to address the unmet needs in plastic and reconstructive surgery, as well as OviTex for Laparoscopic and Robotic Procedures, a sterile reinforced tissue matrix derived from ovine rumen with polypropylene fiber intended to be used in laparoscopic and robotic-assisted hernia surgical repairs. The company markets its products through a single direct sales force, principally in the United States. TELA Bio, Inc. was incorporated in 2012 and is headquartered in Malvern, Pennsylvania.

At a Glance

Live Snapshot
Market Cap$50.78M
EPS-0.8300
P/E Ratio-1.37
Earnings Date05/06/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -1.4).

Valuation inputs: P/E -1.4, earnings yield N/A, momentum +0.4%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -6.2%, ROIC -53.2%).

Profitability stack: net margin -48.4%, ROE -6.2%, ROIC -53.2%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +92.2%, momentum +0.4%, net margin -48.4%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

tela

TELA Bio, Inc. Market vs Earnings Trajectory

TELA · NASDAQ
Current Price
$1.14
EPS (TTM)
$-0.83

Performance Analysis

EPS Growth

+25.9%

Strong earnings growth indicates robust business expansion and improving profitability.

Price-EPS Relationship

Divergent

Earnings are growing but price is falling—potential undervaluation opportunity if growth continues.

Stock Price Change

-39.6%

Over the 1Y period, stock price has decreased by 39.6%.

P/E Ratio (TTM)

-1.4x

Relatively low P/E may indicate undervaluation or lower growth expectations.

Key Insight

Strong earnings growth (+25.9%) is outpacing price appreciation (+-39.6%), potentially indicating an attractive entry point as the market may not have fully recognized the improving fundamentals.

TELA Bio, Inc.

TELA Bio, Inc. Fair Value Envelope

TELA · NASDAQ

Our analysis suggests that TELA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $1.135, this represents a potential HIDDEN relative to our calculated worth for TELA Bio, Inc..

Intrinsic Value
Current Price: $1.135
3Y-70.0%
5Y-63.0%
10Y-75.0%
3Y+94.0%
5Y+341.0%
10Y+1791.0%
3Y-12.0%
5Y+35.0%
10Y+82.0%
3Y-31.0%
5Y+15.0%
10Y+72.0%
3Y-33.0%
5Y+16.0%
10Y+74.0%
3Y+20.0%
5Y-6.0%
10Y+424.0%
TELA Bio, Inc.

TELA Bio, Inc. Profit Bridge

TELA · NASDAQ
Revenue80.28M
Cost of Goods Sold (25.93M)
Gross Profit54.34M
Operating Expenses (88.10M)
Operating Income-33.76M
Interest Expense (5.25M)
Other Income/Expense-4.85M
Pretax Income-38.60M
Income Tax (230.00K)
Net Income-38.83M
Net Income
-38.83M

Profitability Analysis

Gross Margin

67.7%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-42.0%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-48.4%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

67.69%
Gross Profit Margin
1%
3Y+4.0%
5Y+10.0%
10Y+13.0%
-42.05%
Operating Profit Margin
-15%
3Y-55.0%
5Y-70.0%
10Y-89.0%
-48.37%
Net Profit Margin
-11%
3Y-55.0%
5Y-69.0%
10Y-90.0%
-615.10%
Return on Equity
363%
3Y+99.0%
5Y+947.0%
10Y-3219.0%
-47.69%
Return on Assets
10%
3Y-27.0%
5Y+43.0%
10Y-65.0%
-53.21%
Return on Invested Capital
13%
3Y-24.0%
5Y+68.0%
10Y-68.0%
TELA

TELA Bio, Inc. Cash Conversion Engine

TELA · NASDAQ
Net Income-38.83M
Depreciation & Amortization1.01M
Stock-Based Compensation3.80M
Change in Working Capital1.50M
Others4.08M
Capital Expenditures-448.00K
Free Cash Flow-28.67M

Cash Flow Quality Analysis

FCF Conversion Rate

73.8%

Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.

CapEx Intensity

-1.6%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+32.7%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$1.50M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

tela

TELA Bio, Inc. Funding & Solvency Profile

TELA · NASDAQ
Cash & Cash Equivalents50.84M
Net Receivables10.35M
Inventory11.02M
Other Current Assets3.37M
Total Current Assets76 M
Property, Plant & Equipment3.73M
Goodwill & Intangible Assets1.36M
Long-Term Investments250.00K
Other Non-Current Assets500.00K
Total Non-Current Assets4 M
Total Assets
81.42M

Financial Health Analysis

Current Ratio

4.20x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

11.90x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

58 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

93% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

tela

TELA Bio, Inc. Street Expectations Map

TELA · NASDAQ

Wall Street analysts project that TELA stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 2.42, with estimates ranging from a low of 1.25 to a high of 3.00.

Lowest Target
1.25
10.13%
Consensus Target
2.42
113.22%
Highest Target
3.00
164.32%

The consensus 1-year price target stands at 2.42, with estimates ranging from a low of 1.25 to a high of 3.00.

Analyst Consensus Analysis

Upside Potential

+113.2%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

72.3% spread

High uncertainty. Very wide target spread indicates significant disagreement among analysts—major valuation uncertainty or transformation underway.

Analyst Conviction

Low

High uncertainty: Wide dispersion indicates analysts struggle to agree on valuation—proceed with caution and independent analysis.

Market Sentiment Insight

High risk, high reward: Substantial upside potential exists, but wide analyst disagreement signals execution risk or unclear catalysts. Thorough due diligence essential before committing capital.

tela

TELA Bio, Inc. Insider Positioning

TELA · NASDAQ

During the last 12 months, insiders have purchased $4.00M and sold $2K worth of TELA shares, resulting in $4.00M of net buying activity.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

3.6M

4.00M

Sold

0

0.00

Net Activity

+4.0M

+$4.00M

9-12 Months

Bought

0

0.00

Sold

1.1K

2.03K

Net Activity

-2K

-$2K

Top Buyers

1
EHPF2L

Ew Healthcare Partners Fund 2, L.P.

10 Percent Owner, Other: See Remarks

3.6M shares1 transactions

$4.00M

Top Sellers

1
FGA

Firestone Gregory A.

Officer: Chief Commercial Officer

1.1K shares1 transactions

$2K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $4.00M net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

1968.72:1

Exceptional buy/sell ratio. Buying dramatically outweighs selling—one of the strongest possible insider signals.

Insider Participation

Balanced

1 insider buyers and 1 sellers. Equal participation suggests mixed or neutral insider views.

No Dividend Yield Data

TELA has not reported any dividend yield values in the available annual periods.

 

tela Dividend History

TELA
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%