Discounted Cash Flow

Edap TMS S.A. ADR

FOCL · Based on 10 years of SEC filings · Converted from EUR to USD

⚠ Cash flow predictability 29/100 (unstable) — FCF YoY std dev 81%, net income 83% (full history)

DCF estimate unavailable — only_3_profitable_out_of_10

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $41.5m $4.5m 10.8% $0.14
2017 $41.7m (0.4%) $-793.5k (-117.7%) $-3.6m -1.9% (-117.7%) $-0.02 (-114.3%)
2018 $45.7m (9.6%) $-393.8k (50.4%) $203.9k (105.7%) -0.9% (54.7%) $-0.01 (50.0%)
2019 $52.3m (14.6%) $1.8m (547.4%) $4.4m (2071.4%) 3.4% (490.3%) $0.05 (600.0%)
2020 $48.5m (-7.2%) $-2.0m (-212.7%) $2.3m (-48.0%) -4.1% (-221.5%) $-0.06 (-220.0%)
2021 $51.3m (5.8%) $815.5k (141.1%) $5.2m (124.8%) 1.6% (138.8%) $0.02 (133.3%)
2022 $64.2m (25.1%) $-3.4m (-519.1%) $-3.5m (-168.0%) -5.3% (-435.1%) $-0.09 (-550.0%)
2023 $70.4m (9.6%) $-24.7m (-622.0%) $-24.4m (-593.6%) -35.0% (-558.5%) $-0.57 (-533.3%)
2024 $74.7m (6.1%) $-22.2m (10.2%) $-22.3m (8.7%) -29.7% (15.4%) $-0.51 (10.5%)
2025 $82.2m (10.0%) $-34.1m (-53.8%) $-25.8m (-15.8%) -41.5% (-39.8%) $-0.78 (-52.9%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

SEC filings report in EUR. Values above are converted to USD for comparison with the US-listed share price.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

only_3_profitable_out_of_10

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.