Electromed, Inc. · Electromedical & Electrotherapeutic Apparatus

ELMD

Low riskNext report: Nov 10 (confirmed)

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The short version

A high-quality, profitable business with growing sales. Institutions are adding.

Going well

Sales up 12% in the latest quarter vs a year ago
Profitable every year for 10 years
Sales up 17% last year

Money moves

No insider buying or selling in the last 30 days
Institutions added 4% to their holdings in the quarter ending June 2026 (74 bought, 38 sold)

Facts from SEC filings, not a recommendation.

What the price means

Price as of Oct 26

$26.67+1.2% that day

Company value: $223M; Share price times all shares
Price vs profit (P/E): 20.4x; You pay about $20 for each $1 of yearly profit
Price vs sales: 3.0x; Company value is 3.0 times a year of sales
Cash vs value: 9%; Cash as a share of company value

From ELMD's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.

The business over time

Last 12 quarters, from SEC filings

Sales, Jun '26 (worked out from yearly totals)

$19.4M+12% vs a year earlier

Sep '23Tap a barJun '26

Last 12 months: $73.8M, up 15% from the 12 months before. Over 5 years, sales grew about 15% a year.

What the price assumes

Your guesses, our math

Move the sliders to your own view of ELMD. Starting points are the company's recent numbers.

Sales growth+15% a yearRecently: +15% a yearProfit margin15%Last 12 months: 15.3%P/E at the end20xToday: 20.4x. Many steady companies trade at 12x to 25xShare count change+1% a yearBelow zero means buybacks; above zero means new shares (dilution)

Sales in 5 years$148M

Profit in 5 years$22M

Price these guesses point to$50.63+90% vs $26.67 todayAbout +14% a year, before dividends

What today's price needs: with a 15% margin and a 20x P/E, sales would have to grow about 1.2% a year for 5 years just to match today's price.

Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.

Price

Price chart by TradingView.

Business quality

The checklist Warren Buffett-style investors use. Annual numbers for 2025.

6/7Strong

PassReturn on equity 15%+Earns a lot on the money owners have in the business.16.9%
PassDebt under half of equityNot relying on borrowed money.No debt reported
PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.11.8%
PassProfitable every yearSteady profits, not one good year.10 of 10 years
PassFree cash flow positiveBrings in more cash than it spends to run and grow.$11.1M
MissShare count not growingNot diluting owners. Falling means buybacks.+1.7% in 3 years
PassGross margin 40%+Pricing power: sells for well above what it costs to make.78.1%

Revenue: $64.0M; +17.0% vs prior year
5-year growth: +14.5%/yr; revenue, per year
Total debt: None; 0.00x equity
Current ratio: 4.86x; short-term assets / bills due

From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.