EDAP TMS S.A (EDA) - Net Assets
Based on the latest financial reports, EDAP TMS S.A (EDA) has net assets worth €19.41 Million EUR (≈ $22.70 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€79.00 Million ≈ $92.36 Million USD) and total liabilities (€59.58 Million ≈ $69.66 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check EDA tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €19.41 Million |
| % of Total Assets | 24.57% |
| Annual Growth Rate | -2.53% |
| 5-Year Change | -61.22% |
| 10-Year Change | N/A |
| Growth Volatility | 39.43 |
EDAP TMS S.A - Net Assets Trend (2016–2025)
This chart illustrates how EDAP TMS S.A's net assets have evolved over time, based on quarterly financial data. See EDA defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for EDAP TMS S.A (2016–2025)
The table below shows the annual net assets of EDAP TMS S.A from 2016 to 2025. For live valuation and market cap data, see EDA market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €19.41 Million ≈ $22.70 Million |
-52.53% |
| 2024-12-31 | €40.90 Million ≈ $47.81 Million |
-28.16% |
| 2023-12-31 | €56.92 Million ≈ $66.55 Million |
-20.53% |
| 2022-12-31 | €71.63 Million ≈ $83.75 Million |
+43.11% |
| 2021-12-31 | €50.05 Million ≈ $58.52 Million |
+90.70% |
| 2020-12-31 | €26.25 Million ≈ $30.69 Million |
-4.06% |
| 2019-12-31 | €27.36 Million ≈ $31.98 Million |
+9.59% |
| 2018-12-31 | €24.96 Million ≈ $29.19 Million |
-0.77% |
| 2017-12-31 | €25.16 Million ≈ $29.41 Million |
+2.89% |
| 2016-12-31 | €24.45 Million ≈ $28.59 Million |
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Equity Component Analysis
This analysis shows how different components contribute to EDAP TMS S.A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 8968900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €148.03 Million | 762.53% |
| Total Equity | €19.41 Million | 100.00% |
EDAP TMS S.A Competitors by Market Cap
The table below lists competitors of EDAP TMS S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alam Sutera Realty Tbk
JK:ASRI
|
$128.95 Million |
|
Melnick Even Desenvolvimento Imobiliário S.A
SA:MELK3
|
$129.04 Million |
|
Harbour Link Group Bhd
KLSE:2062
|
$129.09 Million |
|
LK CHEM
KQ:489500
|
$129.13 Million |
|
Bank Negara Indonesia Tbk
JK:BBNI
|
$128.85 Million |
|
ParTec AG
XETRA:JY0
|
$128.80 Million |
|
Novem Group S.A.
XETRA:NVM
|
$128.79 Million |
|
Owlet Inc
NYSE:OWLT
|
$128.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EDAP TMS S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 40,896,000 to 19,413,000, a change of -21,483,000 (-52.5%).
- Net loss of 29,246,000 reduced equity.
- Other factors increased equity by 7,763,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-29.25 Million | -150.65% |
| Other Changes | €7.76 Million | +39.99% |
| Total Change | €- | -52.53% |
Book Value vs Market Value Analysis
This analysis compares EDAP TMS S.A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.72x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 4.61x to 7.72x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.87 | €4.00 | x |
| 2018-12-31 | €0.86 | €4.00 | x |
| 2019-12-31 | €0.94 | €4.00 | x |
| 2020-12-31 | €0.90 | €4.00 | x |
| 2021-12-31 | €1.50 | €4.00 | x |
| 2022-12-31 | €1.94 | €4.00 | x |
| 2023-12-31 | €1.53 | €4.00 | x |
| 2024-12-31 | €1.09 | €4.00 | x |
| 2025-12-31 | €0.52 | €4.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EDAP TMS S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -150.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -41.47%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 4.07x
- Recent ROE (-150.65%) is below the historical average (-23.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 15.71% | 10.79% | 0.76x | 1.91x | €1.40 Million |
| 2017 | -2.71% | -1.91% | 0.76x | 1.86x | €-3.20 Million |
| 2018 | -1.35% | -0.86% | 0.80x | 1.95x | €-2.83 Million |
| 2019 | 5.53% | 3.37% | 0.85x | 1.94x | €-1.22 Million |
| 2020 | -7.45% | -4.09% | 0.87x | 2.10x | €-4.58 Million |
| 2021 | 1.40% | 1.59% | 0.57x | 1.54x | €-4.31 Million |
| 2022 | -4.09% | -5.32% | 0.54x | 1.41x | €-10.10 Million |
| 2023 | -41.13% | -35.05% | 0.73x | 1.61x | €-29.10 Million |
| 2024 | -50.33% | -29.66% | 0.81x | 2.10x | €-24.67 Million |
| 2025 | -150.65% | -41.47% | 0.89x | 4.07x | €-31.19 Million |
Industry Comparison
This section compares EDAP TMS S.A's net assets metrics with peer companies in the Medical Distribution industry.
Industry Context
- Industry: Medical Distribution
- Average net assets among peers: $1,159,389,347
- Average return on equity (ROE) among peers: -16.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EDAP TMS S.A (EDA) | €19.41 Million | 15.71% | 3.07x | $128.94 Million |
| AKSO HEALTH GR. (SPADR)/3 (8HX) | $8.84 Million | -15.38% | 1.31x | $1.60 Billion |
| Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited (GU5) | $7.92 Billion | 15.07% | 0.80x | $419.05 Million |
| CLOUDR GROUP LTD. (H3L) | $1.43 Billion | -36.04% | 0.99x | $36.99 Million |
| Medios AG (ILM1) | $323.78K | -49.68% | 0.57x | $312.19 Million |
| M1 Kliniken AG (M12) | $15.12 Million | 0.72% | 0.48x | $300.08 Million |
| Paragon Care Limited (PXS) | $170.14 Million | 6.44% | 1.06x | $130.61 Million |
| Sigma Healthcare Limited (S5YA) | $872.61 Million | 0.52% | 0.58x | $19.74 Billion |
| TELES Informationstechnologien AG (TLIK) | $-11.75 Million | 0.00% | 0.00x | $1.89 Million |
| COSMOS HEALTH NEW DL-01 (V67A) | $24.53 Million | -65.96% | 1.21x | $13.45 Million |
About EDAP TMS S.A
EDAP TMS S.A., a medical technology company, engages in the development, manufacturing, marketing, and sale of non-invasive therapeutic ultrasound and energy-based medical devices in Asia, France, the United States, and internationally. The company operates through High Intensity Focused Ultrasound (HIFU), Extracorporeal ShockWave Lithotripsy (ESWL), and Distribution segments. The HIFU segment de… Read more