Edap Tms Piotroski F Score

EDAP -  USA Stock  

USD 6.01  0.06  0.99%

This module uses fundamental data of Edap Tms to approximate its Piotroski F score. Edap Tms F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Edap Tms Sa. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Edap Tms financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Continue to Edap Tms Altman Z Score, Edap Tms Correlation, Edap Tms Valuation, as well as analyze Edap Tms Alpha and Beta and Edap Tms Hype Analysis.

Edap Tms Piotroski F Score 

 
Refresh
Edap Tms Debt Non Current is very stable at the moment as compared to the past year. Edap Tms reported last year Debt Non Current of 2.8 Million. As of 23rd of October 2021, Issuance Repayment of Debt Securities is likely to grow to about 3.4 M, while Total Debt is likely to drop about 9 M. Edap Tms Gross Margin is very stable at the moment as compared to the past year. Edap Tms reported last year Gross Margin of 0.44
At this time, it appears that Edap Tms' Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
7.0
Piotroski F Score - Strong
1
Current Return On Assets
Negative
2
Change in Return on Assets
Decreased
3
Cash Flow Return on Assets
Positive
4
Current Quality of Earnings (accrual)
Improving
5
Asset Turnover Growth
Increase
6
Current Ratio Change
Increase
7
Long Term Debt Over Assets Change
Lower Leverage
8
Change In Outstending Shares
Decrease
9
Change in Gross Margin
Increase

Edap Tms Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Edap Tms is to make sure Edap Tms is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Edap Tms' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Edap Tms' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares28.9 M29.1 M
Slightly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted29 M29.1 M
Slightly Down
Increasing
Slightly volatile
Net Cash Flow from Operations2.3 M2.1 M
Significantly Up
Increasing
Slightly volatile
Total Assets52.6 M55.2 M
Notably Down
Increasing
Slightly volatile
Total Liabilities28.6 M28.9 M
Fairly Down
Increasing
Slightly volatile
Current Assets43.3 M45.4 M
Sufficiently Down
Increasing
Slightly volatile
Current Liabilities20.5 M21.5 M
Sufficiently Down
Increasing
Slightly volatile
Total DebtM11.1 M
Significantly Down
Decreasing
Stable
Return on Average Assets(0.0334)(0.031)
Significantly Down
Increasing
Slightly volatile
Gross Margin0.470.441
Notably Up
Increasing
Slightly volatile
Asset Turnover0.870.77
Moderately Up
Increasing
Slightly volatile

Edap Tms Sa F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Edap Tms' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Edap Tms in a much-optimized way.

About Edap Tms Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value per Share

0.89Share
Edap Tms Book Value per Share is very stable at the moment as compared to the past year. Edap Tms reported last year Book Value per Share of 0.90

Edap Tms Current Valuation Drivers

We derive many important indicators used in calculating different scores of Edap Tms from analyzing Edap Tms' financial statements. These drivers represent accounts that assess Edap Tms' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Edap Tms' important valuation drivers and their relationship over time.
201620172018201920202021 (projected)
Average Assets42.59 M46.74 M47.82 M50.9 M54.13 M51.61 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.52 M(1.36 M)833 K4.22 M1.01 M1.1 M
Earnings Before Interest Taxes and Depreciation Amortization USD1.6 M(1.64 M)957.47 K4.74 M1.24 M1.34 M
Earnings before Tax4.44 M(293 K)20 K2.19 M(1.19 M)(1.28 M)
Average Equity19.44 M24.8 M25.06 M26.16 M26.8 M23.9 M
Enterprise Value72.51 M61.77 M34.93 M114.01 M137.37 M112.24 M
Free Cash Flow83 K(3.44 M)(422 K)2.34 M114 K123 K
Invested Capital9.79 M12.54 M15.95 M20.17 M16.93 M15.33 M
Invested Capital Average10.11 M11.17 M14.25 M18.06 M18.55 M16.36 M
Market Capitalization83.26 M82.45 M53.65 M128.46 M150.66 M122.29 M
Tangible Asset Value44.03 M43.96 M45.48 M49.89 M52.02 M49.32 M
Working Capital25.49 M23.44 M23.56 M24.6 M23.89 M22.83 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.
EDAP TMS S.A., together with its subsidiaries, develops, produces, markets, distributes, and maintains a portfolio of minimally-invasive medical devices for the treatment of urological diseases in Asia, France, the United States, and internationally. The company was incorporated in 1979 and is headquartered in Lyon, France. Edap Tms operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 223 people.

Edap Tms Investors Sentiment

The influence of Edap Tms' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Edap Tms. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - EDAP

Edap Tms Sa Investor Sentiment

Most of Macroaxis users are currently bullish on Edap Tms Sa. What is your opinion about investing in Edap Tms Sa? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

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.

Edap Tms Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Edap Tms and Bio-Rad Laboratories. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to Edap Tms Altman Z Score, Edap Tms Correlation, Edap Tms Valuation, as well as analyze Edap Tms Alpha and Beta and Edap Tms Hype Analysis. Note that the Edap Tms Sa information on this page should be used as a complementary analysis to other Edap Tms' 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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Edap Tms Stock analysis

When running Edap Tms Sa price analysis, check to measure Edap Tms' 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' value examination focuses on studying past and present price action to predict the probability of Edap Tms' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Edap Tms' price. Additionally, you may evaluate how the addition of Edap Tms to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
The market value of Edap Tms Sa is measured differently than its book value, which is the value of Edap Tms that is recorded on the company's balance sheet. Investors also form their own opinion of Edap Tms' value that differs from its market value or its book value, called intrinsic value, which is Edap Tms' 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' market value can be influenced by many factors that don't directly affect Edap Tms Sa underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Edap Tms' value and its price as these two are different measures arrived at by different means. Investors typically determine Edap Tms value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edap Tms' 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.