EDAP TMS SA ADR (FOCL) is overvalued and Henry Schein Inc (HSIC) is overvalued.
Both trade above our estimate of their intrinsic value. HSIC is the closer of the two: -48%, against -91% for FOCL.
Values as of the 22 Sept 2026 close.
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
Discounting its cash flows at 8.0% (average of 3 methods) values the shares at $58.94; the price of $87.43 is 48% above that value, and 79% of that value comes from beyond year five.
Leak Score 14/100 on 3 of 12 signals
| Metric | FOCL | HSIC |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $4.27 | $87.43 |
| Intrinsic value | $2.24 | $58.94 |
| Margin of safety | -91% | -48% |
| Leak Score | 0/100 (2/12) | 14/100 (3/12) |
| Market cap | $160M | $9.7B |
| Revenue growth, 5 years | 8.3% | 5.4% |
| Operating margin | -39.3% | 6.0% |
| Net margin | -56.3% | 3.0% |
| Return on equity | -263.8% | 12.2% |
| Debt to equity | — | 1.21 |
| P/E | — | 25.5x |
| Forward P/E | — | 14.6x |
| P/B | — | 3.1x |