ATEC vs CNMD

Comparison between Alphatec Holdings Inc (ATEC, Company) and Conmed Corp (CNMD, Company).

Both ATEC and CNMD are from the Healthcare sector.

5-Year PerformanceATEC has outperformed CNMD, delivering a return of -7.1% compared to -16.1%

ATEC vs CNMD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ATEC(COMPANY)	CNMD(COMPANY)
Market Cap	$1.48B	$1.48B
Max Drawdown	98.90%	79.55%
Sharpe Ratio	-0.40	-0.01
5Y Beta	0.57	0.92
Industry	Medical Devices	Medical Devices
P/E Ratio	-13.23	28.23
Forward P/E	370.37	27.17
PEG Ratio	0.48	1.84
Dividend Yield	N/A	0.41%
5Y Dividends CAGR	N/A	4.56%
5Y EPS CAGR	-9.95%	18.25%
Debt to Equity	-4770.52%	0.00%
Free Cash Flow Yield	0.16%	10.65%
P/S Ratio	1.75	1.09
P/B Ratio	126.55	1.45

Market Cap

ATEC

$1.48B

Winner

CNMD

$1.48B

Max Drawdown

ATEC

98.90%

Winner

CNMD

79.55%

Sharpe Ratio

ATEC

-0.40

Winner

CNMD

-0.01

5Y Beta

Winner

ATEC

0.57

CNMD

0.92

Industry

ATEC

Medical Devices

CNMD

Medical Devices

P/E Ratio

Winner

ATEC

-13.23

CNMD

28.23

Forward P/E

ATEC

370.37

Winner

CNMD

27.17

PEG Ratio

Winner

ATEC

0.48

CNMD

1.84

Dividend Yield

ATEC

N/A

CNMD

0.41%

5Y Dividends CAGR

ATEC

N/A

CNMD

4.56%

5Y EPS CAGR

ATEC

-9.95%

Winner

CNMD

18.25%

Debt to Equity

Winner

ATEC

-4770.52%

CNMD

0.00%

Free Cash Flow Yield

ATEC

0.16%

Winner

CNMD

10.65%

P/S Ratio

ATEC

1.75

Winner

CNMD

1.09

P/B Ratio

ATEC

126.55

Winner

CNMD

1.45

ATEC vs CNMD - Historical Returns

Returns include dividend reinvestment.

Period	ATEC	CNMD
1 month	-0.94%	+28.53%
3 months	+35.77%	+40.39%
6 months	-31.73%	+15.56%
1 year	-38.05%	-5.39%
5 years(CAGR)	-7.14%	-16.13%
10 years(CAGR)	+8.49%	+3.49%
Max(CAGR)	-11.34%	+5.07%

ATEC

-0.94%

Winner

CNMD

+28.53%

ATEC

+35.77%

Winner

CNMD

+40.39%

ATEC

-31.73%

Winner

CNMD

+15.56%

ATEC

-38.05%

Winner

CNMD

-5.39%

5Y(CAGR)

Winner

ATEC

-7.14%

CNMD

-16.13%

10Y(CAGR)

Winner

ATEC

+8.49%

CNMD

+3.49%

Max(CAGR)

ATEC

-11.34%

Winner

CNMD

+5.07%

ATEC vs CNMD - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ATEC	CNMD
2026	-54.29%	+22.06%
2025	+132.23%	-39.05%
2024	-38.18%	-37.17%
2023	+27.73%	+22.90%
2022	+4.48%	-38.74%
2021	-18.59%	+28.10%
2020	+108.32%	+1.69%
2019	+218.16%	+77.91%
2018	-14.23%	+28.29%
2017	-17.39%	+17.26%
2016	-11.66%	+5.99%
2015	-78.56%	-0.51%
2014	-31.55%	+6.98%
2013	+16.86%	+54.41%
2012	-9.34%	+9.85%
2011	-37.45%	-3.46%
2010	-48.86%	+14.17%
2009	+116.19%	-4.96%
2008	-51.55%	+3.59%
2007	+42.37%	-0.13%
2006	-58.42%	-0.52%
2005	N/A	-15.50%
2004	N/A	+19.81%
2003	N/A	+19.30%
2002	N/A	-3.40%
2001	N/A	+77.37%
2000	N/A	-32.51%
1999	N/A	+8.97%

ATEC vs CNMD Drawdown Comparison

The maximum drawdown for ATEC was -98.90%, occurring on Feb 7, 2019. This drawdown has not yet recovered.

The maximum drawdown for CNMD was -78.74%, occurring on Jun 17, 2026. This drawdown has not yet recovered.

The current ATEC drawdown is -91.19%. The current CNMD drawdown is -67.26%.

Rank	ATEC	CNMD
#1	-98.90% Jun 2, 2006 - Feb 7, 2019	-78.74% Nov 9, 2021 - Jun 17, 2026
#2	N/A	-65.69% Nov 25, 2019 - Jan 6, 2021
#3	N/A	-64.60% Sep 19, 2008 - Mar 14, 2013
#4	N/A	-60.55% Feb 11, 2000 - Jul 25, 2001
#5	N/A	-48.33% Apr 30, 2002 - Feb 9, 2004
#6	N/A	-44.48% May 18, 2005 - Sep 19, 2008
#7	N/A	-39.40% Jul 20, 2015 - Jan 25, 2018
#8	N/A	-32.89% Apr 5, 2004 - Apr 6, 2005
#9	N/A	-29.29% Sep 11, 2018 - Mar 21, 2019
#10	N/A	-26.09% May 13, 2014 - Feb 13, 2015
#11	N/A	-25.85% Aug 14, 2001 - Mar 1, 2002
#12	N/A	-15.19% May 3, 2021 - Oct 20, 2021
#13	N/A	-14.35% Nov 18, 1999 - Dec 28, 1999
#14	N/A	-12.62% Feb 19, 2014 - May 12, 2014
#15	N/A	-10.88% Mar 27, 2013 - Oct 1, 2013

Correlation

Correlation between ATEC and CNMD is -0.53 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.53

-101