Edap TMS (FRA:EDA) Operating Income: €-32.51 Mil (TTM As of Mar. 2026)

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FRA:EDA Edap TMS SA FRA:EDA
59 GF Score
Price €5.10
GF Value €3.82
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Edap TMS Operating Income?

Edap TMS FRA:EDA -2.86% 59 Operating Income is €-32.51 Mil as of Mar. 2026. GuruFocus rates FRA:EDA with a GF Score™ of 59/100 and a GF Value™ of €3.82 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Edap TMS's Operating Income for the three months ended in Mar. 2026 was €-6.37 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €-32.51 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Edap TMS's Operating Income for the three months ended in Mar. 2026 was €-6.37 Mil. Edap TMS's Revenue for the three months ended in Mar. 2026 was €15.41 Mil. Therefore, Edap TMS's Operating Margin % for the quarter that ended in Mar. 2026 was -41.36%.

Edap TMS's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Edap TMS's annualized ROC % for the quarter that ended in Mar. 2026 was -72.01%. Edap TMS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -153.57%.


Edap TMS  (FRA:EDA) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Edap TMS's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-25.488 * ( 1 - 0% )/( (35.533 + 35.253)/ 2 )
=-25.488/35.393
=-72.01 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Edap TMS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-25.488/( ( (11.096 + max(6.511, 0)) + (11.251 + max(4.336, 0)) )/ 2 )
=-25.488/( ( 17.607 + 15.587 )/ 2 )
=-25.488/16.597
=-153.57 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.178 + 10.957 + 1.108) - (14.83 + 6.062 + 2.84)
=6.511

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17 + 11.532 + 1.464) - (15.957 + 6.763 + 2.94)
=4.336

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Edap TMS's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-6.372/15.408
=-41.36 %

* 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.

4. 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 Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Edap TMS Operating Income Related Terms


Edap TMS Operating Income Historical Data

* Premium members only.

The historical data trend for Edap TMS's Operating Income 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 Operating Income Chart

Edap TMS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.62 -4.31 -20.08 -21.23 -21.09

Edap TMS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income 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 -5.84 -5.86 -4.92 -15.36 -6.37
FRA:EDA
59GF Score
Edap TMS SA FRA:EDA
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Edap TMS Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-32.51 Mil.

* 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of €-32.51 Mil mean?
Edap TMS (FRA:EDA) has a Operating Income of €-32.51 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Edap TMS and its competitors.
Is Edap TMS's Operating Income too high?
Edap TMS's current Operating Income is €-32.51 Mil. Overall, Edap TMS has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Edap TMS's Operating Income compare to ACH and YI?
Edap TMS's Operating Income of €-32.51 Mil 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 Operating Income for a Medical Distribution company?
A good Operating Income depends on the Medical Distribution industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Edap TMS and its competitors. Edap TMS's current Operating Income is €-32.51 Mil. 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 (FRA:EDA) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.82, compared to a current price of €5.10 — trading 33.5% above its estimated fair value. The current Operating Income is €-32.51 Mil. Edap TMS's overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Edap TMS (FRA:EDA), the current Operating Income is €-32.51 Mil 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 (FRA:EDA) Overvalued in 2026?

Based on GuruFocus' analysis, Edap TMS stock appears to be overvalued. The current stock price of €5.10 is trading 33.5% above its estimated GF Value™ of €3.82. GuruFocus considers Edap TMS to be Significantly Overvalued.

Key valuation signals for FRA:EDA:

  • Operating Income: €-32.51 Mil
  • GF Value™: €3.82 vs. price of €5.10 (33.5% above fair value)
  • GF Score™: 59/100 with 7 warning signs

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


Edap TMS Business Description

Other Exchanges FOCL:USAEDA: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.
59GF Score

Get the complete analysis for FRA:EDA

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

€5.10
Price
€3.82
GF Value