FOCL (Edap TMS) E10: $-0.23 (As of Mar. 2026)


FOCL Edap TMS SA FOCL
53 GF Score
Price $5.08
GF Value $4.52
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Edap TMS E10?

Edap TMS FOCL +1.91% 53 E10 is $-0.23 as of Mar. 2026. GuruFocus rates FOCL with a GF Score™ of 53/100 and a GF Value™ of $4.52 (Modestly Overvalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Edap TMS's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.23 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -49.40% per year. During the past 5 years, the average E10 Growth Rate was -12.30% per year. During the past 10 years, the average E10 Growth Rate was 15.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Edap TMS was 37.90% per year. The lowest was -49.40% per year. And the median was 8.50% per year.

As of today (2026-06-24), Edap TMS's current stock price is $5.075. Edap TMS's E10 for the quarter that ended in Mar. 2026 was $-0.23. Edap TMS's Shiller PE Ratio of today is .


Edap TMS  (NAS:FOCL) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Edap TMS E10 Related Terms


Edap TMS E10 Historical Data

* Premium members only.

The historical data trend for Edap TMS's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Edap TMS E10 Chart

Edap TMS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.06 -0.08 -0.13 -0.20

Edap TMS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.14 -0.16 -0.15 -0.20 -0.23

FOCL vs ACH, YI, COSM: E10 Comparison

For the Medical Distribution subindustry, Edap TMS's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Edap TMS Shiller PE Ratio vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Edap TMS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Edap TMS's Shiller PE Ratio falls into.


FOCL
53GF Score
Edap TMS SA FOCL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Edap TMS E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Edap TMS's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.24/120.9000*120.9000
=-0.240

Current CPI (Mar. 2026) = 120.9000.

Edap TMS Quarterly Data

per share eps CPI Adj_EPS
201606 0.089 100.630 0.107
201609 0.045 100.340 0.054
201612 -0.042 100.650 -0.050
201703 0.064 101.170 0.076
201706 -0.069 101.320 -0.082
201709 -0.023 101.330 -0.027
201712 -0.004 101.850 -0.005
201803 0.004 102.750 0.005
201806 -0.035 103.370 -0.041
201809 -0.058 103.560 -0.068
201812 0.046 103.470 0.054
201903 0.011 103.890 0.013
201906 0.057 104.580 0.066
201909 0.033 104.500 0.038
201912 -0.034 104.980 -0.039
202003 -0.044 104.590 -0.051
202006 -0.011 104.790 -0.013
202009 -0.035 104.550 -0.040
202012 0.037 104.960 0.043
202103 0.035 105.750 0.040
202106 -0.012 106.340 -0.014
202109 -0.035 106.810 -0.040
202112 0.045 107.850 0.050
202203 0.011 110.490 0.012
202206 0.052 112.550 0.056
202209 0.000 112.740 0.000
202212 -0.150 114.160 -0.159
202303 -0.218 116.790 -0.226
202306 -0.141 117.650 -0.145
202309 -0.116 118.260 -0.119
202312 -0.164 118.390 -0.167
202403 -0.130 119.470 -0.132
202406 -0.172 120.200 -0.173
202409 -0.190 119.560 -0.192
202412 -0.052 119.950 -0.052
202503 -0.200 120.380 -0.201
202506 -0.176 121.360 -0.175
202509 -0.153 120.950 -0.153
202512 -0.258 120.900 -0.258
202603 -0.240 120.900 -0.240

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $-0.23 mean?
Edap TMS (FOCL) has a E10 of $-0.23 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Edap TMS and its competitors.
Is Edap TMS's E10 too high?
Edap TMS's current E10 is $-0.23. Overall, Edap TMS has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Edap TMS's E10 compare to ACH and YI?
Edap TMS's E10 of $-0.23 can be compared against companies in the Medical Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Medical Distribution company?
A good E10 depends on the Medical Distribution industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Edap TMS and its competitors. Edap TMS's current E10 is $-0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Edap TMS stock overvalued right now?
Based on GuruFocus' analysis, Edap TMS (FOCL) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.52, compared to a current price of $5.08 — trading 12.3% above its estimated fair value. The current E10 is $-0.23. Edap TMS's overall GF Score™ is 53/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Edap TMS (FOCL), the current E10 is $-0.23 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Edap TMS (FOCL) Overvalued in 2026?

Based on GuruFocus' analysis, Edap TMS stock appears to be overvalued. The current stock price of $5.08 is trading 12.3% above its estimated GF Value™ of $4.52. GuruFocus considers Edap TMS to be Modestly Overvalued.

Key valuation signals for FOCL:

  • E10: $-0.23
  • GF Value™: $4.52 vs. price of $5.08 (12.3% above fair value)
  • GF Score™: 53/100 with 7 warning signs

No single metric tells the full story. See the FOCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Edap TMS Business Description

Other Exchanges EDA:Germany
Address Parc d\'Activites La Poudrette-Lamartine, 4/6, rue du Dauphine, Vaulx-en-Velin, FRA, 69120
Edap TMS SA, formerly known as FocalTherics, operates in the Robotic Focal Therapy industry. It develops, manufactures, and markets minimally invasive medical devices across various countries to treat various conditions using proprietary focused ultrasound technology. The company's flagship platform, Focal One Robotic HIFU, combines imaging, real-time treatment planning, robotic precision, and high intensity focused ultrasound (HIFU) technology. It is focused on expanding the clinical adoption of its patented focused ultrasound-based robotic therapy platforms through continued innovation, clinical evidence generation, physician education, and various market development initiatives.
53GF Score

Get the complete analysis for FOCL

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.08
Price
$4.52
GF Value