Stocks · Healthcare · Medical - Devices

Electromed, Inc. ELMD

$28.10 -1.40% Close, Oct 2, 2026 · AMEX · Market cap $232.7M

High qualityInexpensive vs sectorLow risk

Next earnings report: Nov 11, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. At 21.5× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
  2. Earnings beat analyst estimates in each of the last 11 quarters (average surprise over the last four: +22.5%).
  3. Diluted EPS over the last four quarters was $1.31, up 56.0% year over year.

PromtFinance scores

Each score is a percentile within the Healthcare sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth53Neutral

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 39%
  • EPS growth (TTM, YoY)Top 25%
  • FCF growth (TTM, YoY)Bottom 28%
  • Revenue growth, 3-year CAGRTop 39%
  • Revenue growth accelerationBottom 37%
Quality81Strong

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 5%
  • Gross marginTop 32%
  • Operating marginTop 14%
  • Cash conversion (OCF / net income)Bottom 20%
  • Accruals (lower is better)Bottom 13%
  • Net debt / EBITDA (lower is better)Top 17%
Value92Exceptional

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 11%
  • Free-cash-flow yieldTop 22%
  • EBITDA / enterprise valueTop 16%
  • Sales / enterprise valueTop 38%
  • P/E vs own 5-year history (lower is better)Top 6%
Momentum51Neutral

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 46%
  • 6-month returnTop 38%
  • 1-year return vs S&P 500Top 48%
  • Distance from 52-week highBottom 40%
  • Trend checklist (0–4)Top 39%
Revisions98Exceptional

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 21%
  • Consecutive EPS beatsTop 5%
  • Share of analysts rating BuyTop 10%
  • Upside to consensus price targetTop 46%
Stability81Strong

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 47%
  • Maximum drawdown, 3 yearsTop 22%
  • Beta vs S&P 500 (lower is better)Top 32%
  • Net debt / EBITDA (lower is better)Top 17%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)16.8%15.3%↓
EPS growth (YoY)48.1%56.0%↑
Gross margin78.1%78.5%↑
Operating margin15.4%18.8%↑
FCF margin17.5%12.5%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)15.3%16.8%↓Top 39%
EPS growth (TTM, YoY)56.0%48.1%↑Top 25%
Gross margin78.5%78.1%↑Top 32%
Operating margin18.8%15.4%↑Top 14%
Net margin15.3%11.8%↑—
Free-cash-flow margin12.5%17.5%↓—
Return on invested capital20.2%—Top 5%
Revenue growth, 3-year CAGR15.4%—Top 39%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
0.86×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
2.5%
Stock-based compensation / revenueA cost to shareholders through dilution.
3.7%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+9.5 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
-1.33×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.00%
Net buyback yield (TTM)
1.34%
Shareholder yield
1.34%
Share count change, 1 year
-0.3%
Share count change, 3-year CAGR
-0.1%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 25, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
11
Beats in the last 8 reports
8 of 8
Average EPS surprise, last 4
+22.5%
Average 2-day reaction, last 8
+0.7%
Positive 20 days after report
4 of 8

Analysts

Consensus price target
$48.50
Target vs current price
+72.6%
Analysts with a rating
5
Share rating Buy or Strong Buy
100%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 25, 2026+23.1%-2.4%-30.6%-31.6%—
May 12, 2026+34.6%+4.9%+47.5%+40.0%+62.1%
Feb 10, 2026+18.5%+1.6%-8.2%-14.1%-6.0%
Nov 12, 2025+13.6%+1.1%-2.3%+16.1%+10.0%
Aug 26, 2025+13.6%+2.3%+18.6%+18.2%+21.4%
May 13, 2025+5.0%+1.7%-2.0%-11.2%-16.9%
Feb 11, 2025+22.2%-2.5%-1.4%-16.0%-26.6%
Nov 12, 2024+433.3%-1.5%+4.6%+8.4%+11.6%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 25, 2026$0.39$0.32+23.1%$19.4M
May 12, 2026$0.35$0.26+34.6%$18.6M
Feb 10, 2026$0.32$0.27+18.5%$18.9M
Nov 12, 2025$0.25$0.22+13.6%$16.9M
Aug 26, 2025$0.25$0.22+13.6%$17.4M
May 13, 2025$0.21$0.20+5.0%$15.7M
Feb 11, 2025$0.22$0.18+22.2%$16.3M
Nov 12, 2024$0.16$0.03+433.3%$14.7M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)21.5×35.2×0thTop 11%
P/E (forward)19.3×———
EV / EBITDA13.9×——Top 16%
EV / Sales2.88×——Top 38%
Free-cash-flow yield3.98%——Top 22%
Earnings yield4.66%——Top 11%

P/E over the past five years

Range 22.6× – 60.1× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+14.5%
Earnings per share growth (TTM)
+56.0%
Change in P/E multiple
+22.1%

Most of the move came from earnings growth.

Technical state

Trend checklist

  • ✓ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✓ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-15.6%
200-day average slope (20 days)
+0.0%
Distance from 50-day average
-16.9%
Distance from 200-day average
-10.5%
RSI (14)
38.8
Relative volume
0.86×

Risk and drawdowns

Volatility, 60 days (annualized)
54.3%
Volatility vs own 5-year history
79th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
0.83
Correlation with S&P 500
0.25
Current drawdown from 1-year high
-39.3%
Maximum drawdown, 3 years
-48.9%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Jan 29, 2025Jul 21, 2025-48.9%118 days206 days (May 14, 2026)
Jul 6, 2026Sep 16, 2026-43.5%51 daysNot yet recovered
Sep 3, 2021Jul 20, 2022-35.9%219 days397 days (Feb 16, 2024)
Feb 10, 2021May 13, 2021-25.1%64 days50 days (Jul 26, 2021)
May 3, 2024Jul 2, 2024-24.3%40 days53 days (Sep 17, 2024)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$232.7M
P/E (TTM)
21.5
EPS, diluted (TTM)
$1.31
Revenue (TTM)
$73.8M
52-week range
$23.01 – $47.40
FY 2022FY 2023FY 2024FY 2025FY 2026
Revenue$41.7M$48.1M$54.7M$64.0M$73.8M
Gross profit$31.4M$36.5M$41.7M$50.0M$57.9M
Operating income$3.0M$4.0M$6.6M$9.9M$13.9M
Net income$2.3M$3.2M$5.2M$7.5M$11.3M
EPS (diluted)$0.26$0.36$0.58$0.86$1.30
Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026Q4 2026
Revenue$14.7M$16.3M$15.7M$17.4M$16.9M$18.9M$18.6M$19.4M
Net income$1.5M$2.0M$1.9M$2.2M$2.1M$2.8M$3.0M$3.4M
EPS (diluted)$0.16$0.22$0.21$0.25$0.25$0.32$0.35$0.39
FY 2022FY 2023FY 2024FY 2025FY 2026
Operating cash flow-$686,000$1.3M$9.1M$11.4M$9.7M
Capital expenditure-$1.5M-$1.7M-$395,000-$306,000-$1.3M
Free cash flow-$2.2M-$401,000$8.7M$11.1M$8.4M
Dividends paid$0$0$0$0$0
Net share buybacks-$1.4M-$153,000-$275,000-$10.0M-$3.0M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$20.4M
Total assets
$66.3M
Total liabilities
$12.3M
Total debt
$133,000
Net debt
-$20.3M
Shareholders’ equity
$54.0M

As of Jun 30, 2026 (filed Aug 25, 2026).

Short interest

Shares sold short
206,831
Days to cover
1.98
Change vs previous report
+13.0%

FINRA short interest, settlement date Sep 15, 2026.