Delisting risk
AMS · AMEX · Medical - Care Facilities

American Shared Hospital Services (AMS)

Finances radiosurgery and radiation-therapy equipment while operating cancer-treatment centers.

$1.47
At close+0.01 (+0.42%)
Loading prices…

American Shared Hospital ServicesAMSHealth Care

Combines hospital financing and support for radiosurgery and radiation-oncology equipment with direct cancer care, earning revenue through fee-per-use, revenue-sharing and patient billing across U.S. and international sites.

Finances, owns and supports Gamma Knife radiosurgery, linear-accelerator radiation therapy and proton-beam systems for partner hospitals, while operating or majority-owning cancer-treatment centers that bill patients and payors directly.

Its Leasing segment uses fee-per-use, revenue-sharing, joint-venture and turnkey arrangements across U.S. hospitals; Direct patient service operates facilities in Rhode Island, Peru, Ecuador and Mexico. Facility planning, equipment installation, reimbursement support, marketing and shared capital risk sit alongside treatment delivery.

Revenue depends on active sites, procedure volumes and reimbursement. Direct-care operations add international regulatory, political, tax, currency, payment-cycle and cash-repatriation exposure, while Gamma Knife business runs through a jointly governed venture whose policy committee requires unanimous approval.

Company facts

CEOCraig K. Tagawa
ListedSep 7, 1984
ExchangeAMEX
HeadquartersSan Francisco, CA
CountryUnited States
Employees87
CIK0000744825
ISINUS0295951059

Market cap$9.5M
EPS (ttm)−$0.2545
P/E (ttm)−5.66
ROE-7.5%
P/B0.4282
P/S0.3137
Dividend yieldDiv yield
Beta−0.11vs XLV 0.08

No analyst consensus on record.

Next report
Nov 12, 2026
in 70 days
EPS estimate
$0.03
Revenue estimate
$8.5M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Apr '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.20−$0.10−$0.04$0.00−$0.09−$0.09−$0.07Pending
Estimate$0.01$0.04−$0.07$0.02$0.02−$0.01−$0.02$0.03
Surprise−2,100.0%−350.0%+42.9%−112.9%−550.0%−800.0%−250.0%

RevenueReportedEstimate

Apr '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$9.1M$6.1M$7.1M$7.2M$7.7M$7.1M$8.4MPending
Estimate$7.7M$8.6M$7.8M$8.8M$8.8M$6.9M$7.6M$8.5M
Surprise+17.8%−29.2%−9.5%−18.3%−12.0%+3.3%+11.5%
Estimate$0.03
ReportedDue Nov 12, 2026
Estimate$8.5M
ReportedDue Nov 12, 2026
View details

Debt to equity88.80%
Current ratio77.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$7.0M$9.1M$6.1M$7.1M$7.2M$7.7M$7.1M$8.4M
Net income−$207.0K−$1.3M−$625.0K−$280.0K−$17.0K−$631.0K−$612.0K−$514.0K
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$889.0K−$1.8M−$866.0K−$116.0K$48.0K−$1.1M−$622.0K−$910.0K
YoY growth−549.6%

Balance sheet, Jun 30, 2026Cash & short-term investments $6.5M · Total debt $20.5M · Total assets $52.5M · Shareholders' equity $23.1M

Revenue
$8.4M
Operating income
−$910.0K
Net income
−$514.0K
View details

No dividends on record.

Institutions19 holders · as of Mar 31, 202614.92%992.0K shares
Insiders1 holder · as of Jul 30, 202636.69%2.44M shares
Otherremainder48.39%3.22M shares

6.65M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Stachowiak Raymond CInsider
36.69%2.44M13Dfiled Jul 30, 2026
Dimensional Fund Advisors LPInstitution
3.08%205,12013Fas of Mar 31, 2026
Ci Private Wealth, LLCInstitution
2.41%160,55913Fas of Mar 31, 2026
Vanguard Capital Management LLCInstitution
2.31%153,73713Fas of Mar 31, 2026
Bridgeway Capital Management, LLCInstitution
1.37%90,82013Fas of Mar 31, 2026
See all 20

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • Accuray

    CyberKnife and Radixact challenge radiosurgery and LINAC deployments.

Compare

CompanyPriceChange
American Shared Hospital Services$1.47+0.42%$9.5M0.3+19.2%
Accuray$0.2545−2.30%$30.9M0.1−20.9%
Median0.1−20.9%