Edap Tms Sa Stock Z Score

EDAP Stock

USD 6.84 0.25 3.53%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out EDAP TMS Piotroski F Score and EDAP TMS Valuation analysis.

At this time, EDAP TMS's Net Invested Capital is relatively stable compared to the past year. As of 04/24/2024, Capital Expenditures is likely to grow to about 4.5 M, while Capital Surpluse is likely to drop slightly above 54 M. At this time, EDAP TMS's Interest Income is relatively stable compared to the past year. As of 04/24/2024, Net Interest Income is likely to grow to about 1.2 M, though Operating Income is likely to grow to (18.4 M).

EDAP TMS SA Company Z Score Analysis

EDAP TMS's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

EDAP Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for EDAP TMS is extremely important. It helps to project a fair market value of EDAP Stock properly, considering its historical fundamentals such as Z Score. Since EDAP TMS's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of EDAP TMS's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of EDAP TMS's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Current Deferred Revenue	Long Term Debt	Good Will	Short Term Investments	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.89	-0.9	-0.25	0.4	0.55	0.78	1.0	-0.31	0.16	0.67	0.78	0.21	0.02	0.75	0.64	0.73	0.77	0.12	0.59	-0.51	-0.1	0.89	0.82
Total Stockholder Equity	0.89		-0.95	-0.3	0.6	0.5	0.59	0.89	-0.36	0.24	0.48	0.85	0.26	-0.41	0.84	0.56	0.61	0.91	0.08	0.52	-0.59	0.14	0.9	0.91
Net Debt	-0.9	-0.95		0.42	-0.51	-0.29	-0.63	-0.91	0.46	-0.05	-0.67	-0.9	-0.19	0.27	-0.82	-0.62	-0.62	-0.88	0.07	-0.5	0.64	0.03	-0.91	-0.87
Retained Earnings	-0.25	-0.3	0.42		-0.6	0.14	-0.54	-0.27	-0.06	0.75	-0.67	-0.71	0.13	0.28	-0.4	-0.38	-0.52	-0.62	0.04	-0.35	0.61	-0.36	-0.38	-0.51
Accounts Payable	0.4	0.6	-0.51	-0.6		0.44	0.53	0.38	-0.14	0.03	0.24	0.71	0.05	-0.66	0.73	0.33	0.47	0.8	0.26	0.4	-0.6	0.68	0.42	0.7
Net Receivables	0.55	0.5	-0.29	0.14	0.44		0.53	0.53	0.17	0.52	-0.06	0.25	0.22	-0.09	0.44	0.29	0.32	0.42	0.52	0.4	-0.17	0.32	0.42	0.51
Total Liab	0.78	0.59	-0.63	-0.54	0.53	0.53		0.77	0.06	-0.22	0.69	0.75	0.1	0.06	0.68	0.76	0.8	0.66	0.25	0.62	-0.62	0.02	0.64	0.66
Total Current Assets	1.0	0.89	-0.91	-0.27	0.38	0.53	0.77		-0.31	0.12	0.68	0.78	0.21	0.04	0.74	0.63	0.71	0.77	0.08	0.57	-0.51	-0.12	0.91	0.82
Short Term Debt	-0.31	-0.36	0.46	-0.06	-0.14	0.17	0.06	-0.31		-0.35	-0.25	-0.25	-0.2	0.03	-0.29	-0.05	0.04	-0.22	0.25	0.0	0.16	0.1	-0.25	-0.23
Intangible Assets	0.16	0.24	-0.05	0.75	0.03	0.52	-0.22	0.12	-0.35		-0.48	-0.22	0.18	-0.11	0.12	-0.12	-0.19	-0.05	0.23	0.01	0.18	0.06	-0.01	0.01
Common Stock	0.67	0.48	-0.67	-0.67	0.24	-0.06	0.69	0.68	-0.25	-0.48		0.73	-0.17	0.24	0.4	0.63	0.73	0.55	-0.05	0.56	-0.61	-0.16	0.56	0.48
Current Deferred Revenue	0.78	0.85	-0.9	-0.71	0.71	0.25	0.75	0.78	-0.25	-0.22	0.73		0.11	-0.4	0.83	0.71	0.72	0.93	0.04	0.59	-0.8	0.16	0.79	0.85
Long Term Debt	0.21	0.26	-0.19	0.13	0.05	0.22	0.1	0.21	-0.2	0.18	-0.17	0.11		-0.16	0.31	-0.04	0.0	0.18	0.08	0.05	0.22	-0.09	0.38	0.33
Good Will	0.02	-0.41	0.27	0.28	-0.66	-0.09	0.06	0.04	0.03	-0.11	0.24	-0.4	-0.16		-0.44	-0.09	0.0	-0.53	-0.03	-0.04	0.39	-0.58	-0.18	-0.42
Short Term Investments	0.75	0.84	-0.82	-0.4	0.73	0.44	0.68	0.74	-0.29	0.12	0.4	0.83	0.31	-0.44		0.51	0.61	0.85	0.05	0.49	-0.52	0.09	0.78	0.85
Treasury Stock	0.64	0.56	-0.62	-0.38	0.33	0.29	0.76	0.63	-0.05	-0.12	0.63	0.71	-0.04	-0.09	0.51		0.61	0.52	0.26	0.56	-0.81	-0.13	0.46	0.43
Property Plant Equipment	0.73	0.61	-0.62	-0.52	0.47	0.32	0.8	0.71	0.04	-0.19	0.73	0.72	0.0	0.0	0.61	0.61		0.65	0.3	0.76	-0.48	0.01	0.59	0.59
Net Tangible Assets	0.77	0.91	-0.88	-0.62	0.8	0.42	0.66	0.77	-0.22	-0.05	0.55	0.93	0.18	-0.53	0.85	0.52	0.65		0.06	0.51	-0.69	0.39	0.84	0.96
Short Long Term Debt	0.12	0.08	0.07	0.04	0.26	0.52	0.25	0.08	0.25	0.23	-0.05	0.04	0.08	-0.03	0.05	0.26	0.3	0.06		0.53	0.0	0.31	-0.04	0.06
Long Term Debt Total	0.59	0.52	-0.5	-0.35	0.4	0.4	0.62	0.57	0.0	0.01	0.56	0.59	0.05	-0.04	0.49	0.56	0.76	0.51	0.53		-0.45	0.03	0.44	0.45
Capital Surpluse	-0.51	-0.59	0.64	0.61	-0.6	-0.17	-0.62	-0.51	0.16	0.18	-0.61	-0.8	0.22	0.39	-0.52	-0.81	-0.48	-0.69	0.0	-0.45		-0.27	-0.41	-0.52
Net Invested Capital	-0.1	0.14	0.03	-0.36	0.68	0.32	0.02	-0.12	0.1	0.06	-0.16	0.16	-0.09	-0.58	0.09	-0.13	0.01	0.39	0.31	0.03	-0.27		-0.03	0.31
Net Working Capital	0.89	0.9	-0.91	-0.38	0.42	0.42	0.64	0.91	-0.25	-0.01	0.56	0.79	0.38	-0.18	0.78	0.46	0.59	0.84	-0.04	0.44	-0.41	-0.03		0.93
Capital Stock	0.82	0.91	-0.87	-0.51	0.7	0.51	0.66	0.82	-0.23	0.01	0.48	0.85	0.33	-0.42	0.85	0.43	0.59	0.96	0.06	0.45	-0.52	0.31	0.93

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict EDAP TMS

According to the company's disclosures, EDAP TMS SA has a Z Score of 0.0. This is 100.0% lower than that of the Health Care Equipment & Supplies sector and 100.0% lower than that of the Health Care industry. The z score for all United States stocks is 100.0% higher than that of the company.

EDAP TMS Current Valuation Drivers

We derive many important indicators used in calculating different scores of EDAP TMS from analyzing EDAP TMS's financial statements. These drivers represent accounts that assess EDAP TMS's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of EDAP TMS's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	114.2M	123.3M	169.9M	343.6M	176.7M	185.6M
Enterprise Value	102.0M	104.0M	130.9M	287.2M	139.0M	146.0M

EDAP TMS Institutional Holders

Institutional Holdings refers to the ownership stake in EDAP TMS that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of EDAP TMS's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing EDAP TMS's value.

		Shares
Manatuck Hill Partners Llc	2023-12-31	67.3 K
Susquehanna International Group, Llp	2023-12-31	53.2 K
Citadel Advisors Llc	2023-09-30	50.8 K
Jpmorgan Chase & Co	2023-12-31	42.2 K
Schonfeld Strategic Advisors Llc	2023-09-30	30.2 K
Geode Capital Management, Llc	2023-12-31	22.8 K
Accredited Investors Inc	2023-12-31	21.4 K
Mariner Wealth Advisors, Llc	2023-12-31	20.4 K
Group One Trading, Lp	2023-12-31	18.7 K
Soleus Capital Management, L.p.	2023-12-31	7.2 M
Morgan Stanley - Brokerage Accounts	2023-12-31	3.4 M

EDAP Fundamentals

	Return On Equity	-0.33
	Return On Asset	-0.11
	Profit Margin	(0.35) %
	Operating Margin	(0) %
	Current Valuation	228.08 M
	Shares Outstanding	37.1 M
	Shares Owned By Institutions	43.16 %
	Number Of Shares Shorted	104.09 K
	Price To Earning	107.40 X
	Price To Book	4.64 X
	Price To Sales	4.65 X
	Revenue	59.18 M
	Gross Profit	24.19 M
	EBITDA	(16.59 M)
	Net Income	(20.74 M)
	Cash And Equivalents	68.33 M
	Cash Per Share	2.03 X
	Total Debt	5.78 M
	Debt To Equity	0.13 %
	Current Ratio	4.37 X
	Book Value Per Share	1.53 X
	Cash Flow From Operations	(14.38 M)
	Short Ratio	2.07 X
	Earnings Per Share	(0.61) X
	Price To Earnings To Growth	90.47 X
	Target Price	12.48
	Number Of Employees	307
	Beta	0.65
	Market Capitalization	263.07 M
	Total Asset	91.62 M
	Retained Earnings	(63.55 M)
	Working Capital	50.88 M
	Current Asset	33.04 M
	Current Liabilities	16.27 M
	Net Asset	91.62 M

About EDAP TMS Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze EDAP TMS SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EDAP TMS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EDAP TMS SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards EDAP TMS in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, EDAP TMS's short interest history, or implied volatility extrapolated from EDAP TMS options trading.

Pair Trading with EDAP TMS

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EDAP TMS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EDAP TMS will appreciate offsetting losses from the drop in the long position's value.

Moving together with EDAP Stock

0.67

NXL

Nexalin Technology

Pair Corr

Moving against EDAP Stock

0.85	UNH	UnitedHealth Group Financial Report 12th of July 2024	Pair Corr
0.8	BBLG	Bone Biologics Corp Financial Report 20th of May 2024	Pair Corr
0.66	HSTM	HealthStream	Pair Corr
0.64	HCAT	Health Catalyst Financial Report 14th of May 2024	Pair Corr
0.64	NAOV	NanoVibronix	Pair Corr

The ability to find closely correlated positions to EDAP TMS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EDAP TMS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EDAP TMS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EDAP TMS SA to buy it.

The correlation of EDAP TMS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EDAP TMS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EDAP TMS SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for EDAP TMS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether EDAP TMS SA is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if EDAP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Edap Tms Sa Stock. Highlighted below are key reports to facilitate an investment decision about Edap Tms Sa Stock:

How To Invest In EDAP

Details

Is EDAP Stock a good investment?

Details

What is EDAP TMS's Net Worth?

Details

Largest Health Care Equipment & Supplies Companies

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Largest Health Care Equipment & Services Companies

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Check out EDAP TMS Piotroski F Score and EDAP TMS Valuation analysis.

Note that the EDAP TMS SA information on this page should be used as a complementary analysis to other EDAP TMS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for EDAP Stock analysis

When running EDAP TMS's price analysis, check to measure EDAP TMS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EDAP TMS is operating at the current time. Most of EDAP TMS's value examination focuses on studying past and present price action to predict the probability of EDAP TMS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EDAP TMS's price. Additionally, you may evaluate how the addition of EDAP TMS to your portfolios can decrease your overall portfolio volatility.

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Is EDAP TMS's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EDAP TMS. If investors know EDAP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EDAP TMS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.62)

Earnings Share

(0.61)

Revenue Per Share

1.633

Quarterly Revenue Growth

0.248

Return On Assets

(0.11)

The market value of EDAP TMS SA is measured differently than its book value, which is the value of EDAP that is recorded on the company's balance sheet. Investors also form their own opinion of EDAP TMS's value that differs from its market value or its book value, called intrinsic value, which is EDAP TMS's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EDAP TMS's market value can be influenced by many factors that don't directly affect EDAP TMS's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between EDAP TMS's value and its price as these two are different measures arrived at by different means. Investors typically determine if EDAP TMS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EDAP TMS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Edap Tms Sa Stock Z Score

EDAP TMS SA Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

EDAP Z Score Driver Correlations

EDAP TMS Current Valuation Drivers

EDAP TMS Institutional Holders

EDAP Fundamentals

About EDAP TMS Fundamental Analysis

Pair Trading with EDAP TMS

Moving together with EDAP Stock

Moving against EDAP Stock

Complementary Tools for EDAP Stock analysis

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