Cencora Inc (COR) is slightly overvalued and EDAP TMS SA ADR (FOCL) is overvalued.
Both trade above our estimate of their intrinsic value. COR is the closer of the two: -20%, against -91% for FOCL.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.1% (average of 3 methods) values the shares at $262.24; the price of $314.43 is 20% above that value, and 80% of that value comes from beyond year five.
Leak Score 57/100 on 10 of 12 signals
A 1.5x revenue multiple, discounted for its losses, values the shares at $2.24; the price of $4.27 is 91% above that value.
Leak Score 0/100 on 2 of 12 signals
| Metric | COR | FOCL |
|---|---|---|
| Verdict | Slightly overvalued | Overvalued |
| Price | $314.43 | $4.27 |
| Intrinsic value | $262.24 | $2.24 |
| Margin of safety | -20% | -91% |
| Leak Score | 57/100 (10/12) | 0/100 (2/12) |
| Market cap | $60.0B | $160M |
| Revenue growth, 5 years | 11.1% | 8.3% |
| Operating margin | 1.3% | -39.3% |
| Net margin | 0.8% | -56.3% |
| Return on equity | 104.3% | -263.8% |
| Debt to equity | 3.84 | — |
| P/E | 23.4x | — |
| Forward P/E | 15.9x | — |
| P/B | 19.7x | — |
| Dividend yield | 0.8% | — |