CNMD vs ATEC

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

Both CNMD and ATEC are from the Healthcare sector.

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

CNMD vs ATEC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Market Cap

Winner

CNMD

$1.48B

ATEC

$1.48B

Max Drawdown

Winner

CNMD

79.55%

ATEC

98.90%

Sharpe Ratio

Winner

CNMD

-0.01

ATEC

-0.40

5Y Beta

CNMD

0.92

Winner

ATEC

0.57

Industry

CNMD

Medical Devices

ATEC

Medical Devices

P/E Ratio

CNMD

28.23

Winner

ATEC

-13.23

Forward P/E

Winner

CNMD

27.17

ATEC

370.37

PEG Ratio

CNMD

1.84

Winner

ATEC

0.48

Dividend Yield

CNMD

0.41%

ATEC

N/A

5Y Dividends CAGR

CNMD

4.56%

ATEC

N/A

5Y EPS CAGR

Winner

CNMD

18.25%

ATEC

-9.95%

Debt to Equity

CNMD

0.00%

Winner

ATEC

-4770.52%

Free Cash Flow Yield

Winner

CNMD

10.65%

ATEC

0.16%

P/S Ratio

Winner

CNMD

1.09

ATEC

1.75

P/B Ratio

Winner

CNMD

1.45

ATEC

126.55

CNMD vs ATEC - Historical Returns

Returns include dividend reinvestment.

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

Winner

CNMD

+28.53%

ATEC

-0.94%

Winner

CNMD

+40.39%

ATEC

+35.77%

Winner

CNMD

+15.56%

ATEC

-31.73%

Winner

CNMD

-5.39%

ATEC

-38.05%

5Y(CAGR)

CNMD

-16.13%

Winner

ATEC

-7.14%

10Y(CAGR)

CNMD

+3.49%

Winner

ATEC

+8.49%

Max(CAGR)

Winner

CNMD

+5.07%

ATEC

-11.34%

CNMD vs ATEC - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

CNMD vs ATEC Drawdown Comparison

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

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

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

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

Correlation

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

-0.53

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