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Electromed, Inc.NYSEAM:ELMD Stock Report

Market Cap US$312.3m
Share Price
US$36.63
US$37
1.0% undervalued intrinsic discount
1Y79.0%
7D-4.2%
1D
Portfolio Value
View

Electromed, Inc.

NYSEAM:ELMD Stock Report

Market Cap: US$312.3m

Electromed (ELMD) Stock Overview

Develops, manufactures, markets, and sells airway clearance therapy and related products that apply high frequency chest wall oscillation (HFCWO) therapy in pulmonary care for patients in the United States and internationally. More details

ELMD fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance6/6
Financial Health6/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for ELMD from our risk checks.

ELMD Community Fair Values

Create Narrative

See what 13 others think this stock is worth. Follow their fair value or set your own to get alerts.

Electromed, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Electromed
Historical stock prices
Current Share PriceUS$36.63
52 Week HighUS$40.00
52 Week LowUS$17.73
Beta0.39
1 Month Change43.09%
3 Month Change52.75%
1 Year Change79.03%
3 Year Change200.00%
5 Year Change247.20%
Change since IPO820.35%

Recent News & Updates

Narrative Update Apr 18

ELMD: Refined Discount Rate And P/E Assumptions Will Drive Future Upside

Analysts raised their price target on Electromed by $2, reflecting updated assumptions about the discount rate, profit margin, revenue growth, and future P/E that support a slightly higher valuation framework. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target as consistent with refreshed assumptions on discount rate and future P/E that leave room for upside if execution stays on track.

Recent updates

Narrative Update Apr 18

ELMD: Refined Discount Rate And P/E Assumptions Will Drive Future Upside

Analysts raised their price target on Electromed by $2, reflecting updated assumptions about the discount rate, profit margin, revenue growth, and future P/E that support a slightly higher valuation framework. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target as consistent with refreshed assumptions on discount rate and future P/E that leave room for upside if execution stays on track.
Narrative Update Apr 04

ELMD: Refreshed Discount Rate And P/E Assumptions Will Support Future Upside

Analysts have raised their price target on Electromed by $2, citing updated assumptions about discount rates, revenue growth, profit margins and future P/E that support a slightly higher fair value estimate. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target as consistent with refreshed assumptions on discount rates and future P/E, which together suggest more support for the current valuation than before.
Narrative Update Mar 21

ELMD: Share Repurchases And Margin Execution Will Support Future Upside

Analysts have raised their price target on Electromed by $2 to reflect updated assumptions around revenue growth, profit margin and long-term P/E expectations. Analyst Commentary Recent research points to a more cautious tone around Electromed, even alongside the higher price target.
Narrative Update Mar 06

ELMD: Share Repurchases And Higher Margin Outlook Will Drive Future Upside

Analysts have increased their price target on Electromed by $2 to $36, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E as key factors behind the change. Analyst Commentary While the new US$36 price target reflects updated valuation work, some bearish analysts are still flagging risk factors that they believe limit upside for Electromed at current levels.
Narrative Update Feb 20

ELMD: Share Repurchases Will Support Future Upside In Undervalued Shares

Analysts have nudged their price target on Electromed up by $1 to $37, reflecting updated views on fair value, discount rate, revenue growth, profit margin, and future P/E after the latest Street research. Analyst Commentary Recent Street research has focused on how Electromed's fundamentals line up with the revised fair value assumptions and the updated $37 target.
Narrative Update Feb 06

ELMD: Completed Share Buyback Will Support Future Upside In Undervalued Shares

Analysts have adjusted their price target on Electromed to reflect a fair value of $36.00, citing only minor tweaks to assumptions around the discount rate, revenue growth, profit margin and future P/E. Their overall valuation view remains largely unchanged.
Narrative Update Jan 21

ELMD: Share Buyback And Higher Margin Outlook Will Support Future Upside

Analysts have kept their price target for Electromed steady at US$34.00, reflecting updated views on slightly higher projected revenue growth and profit margins, along with a marginally adjusted discount rate and future P/E assumption. What's in the News Completed the repurchase of 40,848 shares, representing 0.49% of the company, for US$1 million under the share buyback announced on September 9, 2025 (Key Developments).
Narrative Update Jan 07

ELMD: Higher Margin Outlook And Share Buyback Will Support Upside Potential

Analysts have raised their fair value estimate for Electromed from US$29 to US$34, citing updated assumptions around revenue growth, profit margins, and a lower future P/E multiple as key drivers of the change. What's in the News Between September 9, 2025 and September 30, 2025, Electromed repurchased 40,848 shares for US$1 million, representing 0.49% of shares.
Narrative Update Dec 15

ELMD: Share Repurchase Program Will Support Future Upside In Undervalued Shares

Analysts have nudged their price target for Electromed slightly higher to approximately $36.00 per share, citing modest improvements in discount rate assumptions and forward valuation metrics while largely reaffirming their prior outlook. What's in the News Completed a share repurchase tranche totaling 40,848 shares, or about 0.49 percent of outstanding shares, for approximately $1 million under the buyback program announced September 9, 2025 (company filing) Valuation Changes Fair Value Estimate reaffirmed at approximately $36.00 per share, reflecting no material change in intrinsic value assumptions.
Narrative Update Nov 30

ELMD: Share Repurchase Plan And Expanding Outlook Will Lift Share Price

Analysts have raised their price target for Electromed from $35.25 to $36.00. They cite an improved outlook for future revenue growth, despite a slightly higher discount rate and marginally lower profit margin projections.
Narrative Update Nov 16

ELMD: Double-Digit Revenue Gains And Buybacks Will Drive Shares Higher

Electromed's analyst fair value target increased slightly from $35.00 to $35.25, as analysts cite consistent double-digit revenue growth forecasts and improving operational efficiency in recent reports. Analyst Commentary Bullish Takeaways Bullish analysts highlight Electromed's consistent double-digit revenue growth forecasts and note that ongoing top-line expansion is expected in the coming years.
User avatar
New Narrative Feb 21

The Triple Down On Bronchiectasis Campaign Will Expand SmartVest Clearway's Market Reach

Diversifying beyond homecare and investing in sales efforts may drive revenue growth and improve earnings through expanded market channels and effective sales execution.

Shareholder Returns

ELMDUS Medical EquipmentUS Market
7D-4.2%-3.5%1.6%
1Y79.0%-21.8%28.2%

Return vs Industry: ELMD exceeded the US Medical Equipment industry which returned -21.8% over the past year.

Return vs Market: ELMD exceeded the US Market which returned 28.2% over the past year.

Price Volatility

Is ELMD's price volatile compared to industry and market?
ELMD volatility
ELMD Average Weekly Movement8.8%
Medical Equipment Industry Average Movement8.4%
Market Average Movement7.2%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: ELMD has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ELMD's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1992179Jim Cunniffsmartvest.com

Electromed, Inc. develops, manufactures, markets, and sells airway clearance therapy and related products that apply high frequency chest wall oscillation (HFCWO) therapy in pulmonary care for patients in the United States and internationally. The company offers SmartVest airway clearance system for patients with compromised pulmonary functions, including bronchiectasis and cystic fibrosis, as well as neuromuscular conditions, such as cerebral palsy, muscular dystrophies, amyotrophic lateral sclerosis, and post-surgical complications; SmartVest SQL System; SmartVest Clearway System that consists of an inflatable therapy garment, a programmable air pulse generator, and a patented single-hose that delivers air pulses from the generator to the garment to create oscillatory pressure on the chest wall; and SmartVest Connect, a wireless technology that allows data connection between physicians and patients to track therapy performance and collaborate in treatment decisions. It also provides single patient use SmartVest and SmartVest Wrap products for health care providers in the acute care setting.

Electromed, Inc. Fundamentals Summary

How do Electromed's earnings and revenue compare to its market cap?
ELMD fundamental statistics
Market capUS$312.32m
Earnings (TTM)US$10.10m
Revenue (TTM)US$71.75m
30.0x
P/E Ratio
4.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELMD income statement (TTM)
RevenueUS$71.75m
Cost of RevenueUS$15.47m
Gross ProfitUS$56.28m
Other ExpensesUS$46.18m
EarningsUS$10.10m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.22
Gross Margin78.44%
Net Profit Margin14.08%
Debt/Equity Ratio0%

How did ELMD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/01 14:05
End of Day Share Price 2026/06/01 00:00
Earnings2026/03/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Electromed, Inc. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kyle BauserB. Riley Securities, Inc.
Anderson SchockB. Riley Securities, Inc.
Ilya ZubkovFreedom Broker