COMP <GO>
TELA vs NEPH // EV/EBITDA & P/E VALUATION
TELA Bio Inc. (NASDAQ) VS. Nephros Inc. (NASDAQ) • 15-METRIC TALLY: TELA 2
— NEPH 6
■ METRIC PARITY
LAST: $0.92 (-5.74%) • MKT CAP: $41.5M
valuation
—
LAST: $3.27 (+3.16%) • MKT CAP: $35.5M
valuation
26.3x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (TELA VS. NEPH)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | TELA | NEPH | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 67.70% | 61.90% | +5.80 | TELA | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -35.00% | 18.90% | -53.90 | NEPH | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 26.3x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | — | 4.50% | — | TIE | /fcf-yield <GO> |
| Operating Margin | -42.00% | 6.10% | -48.10 | NEPH | /operating-margins <GO> |
| Net Profit Margin | -48.30% | 6.40% | -54.70 | NEPH | /net-margins <GO> |
| Revenue Growth (YoY) | 15.80% | 32.70% | -16.90 | NEPH | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 8/9 | -4.00 | NEPH | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 33.8 | 36.7 | -2.90 | NEPH | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 25.0x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $41.5M | $35.5M | $6.0M | TELA | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | TELA REV | NEPH REV | TELA GROSS % | NEPH GROSS % | TELA FCF | NEPH FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $80.3M | $18.8M | 67.7% | 61.9% | -$28.7M | $1.6M |
| FY 2024 | $69.3M | $14.2M | 67.1% | 61.6% | -$42.6M | -$547.0K |
| FY 2023 | $58.5M | $14.2M | — | — | -$40.9M | $827.0K |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
TELA // BETA —
NEPH // BETA —