ELECTROMED INC (ELMD) Stock Fundamental Analysis
USA - NYSEARCA:ELMD - US2854091087 - Common Stock
24.17 USD
-0.17 (-0.7%)
24.17 USD
0 (0%)
Taking everything into account, ELMD scores 7 out of 10 in our fundamental rating. ELMD was compared to 189 industry peers in the Health Care Equipment & Supplies industry. Both the health and profitability get an excellent rating, making ELMD a very profitable company, without any liquidiy or solvency issues. ELMD has a correct valuation and a medium growth rate. These ratings could make ELMD a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
ELMD had positive earnings in the past year.
ELMD had a positive operating cash flow in the past year.
In the past 5 years ELMD has always been profitable.
Of the past 5 years ELMD 4 years had a positive operating cash flow.
1.2 Ratios
ELMD has a Return On Assets of 14.01%. This is amongst the best in the industry. ELMD outperforms 94.71% of its industry peers.
With an excellent Return On Equity value of 17.44%, ELMD belongs to the best of the industry, outperforming 92.06% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 16.69%, ELMD belongs to the top of the industry, outperforming 95.77% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ELMD is above the industry average of 9.17%.
The last Return On Invested Capital (16.69%) for ELMD is above the 3 year average (11.76%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.01% | ||
| ROE | 17.44% | ||
| ROIC | 16.69% |
ROA(3y)10.26%
ROA(5y)8.54%
ROE(3y)12.47%
ROE(5y)10.29%
ROIC(3y)11.76%
ROIC(5y)9.74%
1.3 Margins
Looking at the Profit Margin, with a value of 11.78%, ELMD belongs to the top of the industry, outperforming 87.83% of the companies in the same industry.
In the last couple of years the Profit Margin of ELMD has declined.
ELMD has a better Operating Margin (15.43%) than 84.66% of its industry peers.
In the last couple of years the Operating Margin of ELMD has grown nicely.
With an excellent Gross Margin value of 78.08%, ELMD belongs to the best of the industry, outperforming 91.01% of the companies in the same industry.
In the last couple of years the Gross Margin of ELMD has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.43% | ||
| PM (TTM) | 11.78% | ||
| GM | 78.08% |
OM growth 3Y29.31%
OM growth 5Y3.56%
PM growth 3Y28.63%
PM growth 5Y-1.68%
GM growth 3Y1.14%
GM growth 5Y0.12%
2. Health
2.1 Basic Checks
ELMD has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for ELMD has been reduced compared to 1 year ago.
ELMD has less shares outstanding than it did 5 years ago.
There is no outstanding debt for ELMD. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
ELMD has an Altman-Z score of 14.59. This indicates that ELMD is financially healthy and has little risk of bankruptcy at the moment.
ELMD has a better Altman-Z score (14.59) than 94.18% of its industry peers.
ELMD has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 14.59 |
ROIC/WACC1.91
WACC8.75%
2.3 Liquidity
ELMD has a Current Ratio of 4.31. This indicates that ELMD is financially healthy and has no problem in meeting its short term obligations.
ELMD has a better Current ratio (4.31) than 72.49% of its industry peers.
ELMD has a Quick Ratio of 3.99. This indicates that ELMD is financially healthy and has no problem in meeting its short term obligations.
ELMD has a Quick ratio of 3.99. This is in the better half of the industry: ELMD outperforms 74.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.31 | ||
| Quick Ratio | 3.99 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 44.83% over the past year.
ELMD shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 17.82% yearly.
The Revenue has grown by 16.97% in the past year. This is quite good.
The Revenue has been growing by 14.53% on average over the past years. This is quite good.
EPS 1Y (TTM)44.83%
EPS 3Y47.61%
EPS 5Y17.82%
EPS Q2Q%25%
Revenue 1Y (TTM)16.97%
Revenue growth 3Y15.39%
Revenue growth 5Y14.53%
Sales Q2Q%17.27%
3.2 Future
Based on estimates for the next years, ELMD will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.13% on average per year.
ELMD is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.48% yearly.
EPS Next Y20.21%
EPS Next 2Y21.56%
EPS Next 3Y10.13%
EPS Next 5YN/A
Revenue Next Year13.69%
Revenue Next 2Y12%
Revenue Next 3Y9.48%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 28.77 indicates a quite expensive valuation of ELMD.
73.55% of the companies in the same industry are more expensive than ELMD, based on the Price/Earnings ratio.
ELMD's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.06.
The Price/Forward Earnings ratio is 23.94, which indicates a rather expensive current valuation of ELMD.
Based on the Price/Forward Earnings ratio, ELMD is valued a bit cheaper than the industry average as 75.13% of the companies are valued more expensively.
ELMD's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 32.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.77 | ||
| Fwd PE | 23.94 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ELMD is valued a bit cheaper than 78.84% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ELMD is valued cheaper than 87.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.27 | ||
| EV/EBITDA | 16.96 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of ELMD may justify a higher PE ratio.
PEG (NY)1.42
PEG (5Y)1.61
EPS Next 2Y21.56%
EPS Next 3Y10.13%
5. Dividend
5.1 Amount
ELMD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
24.17
-0.17 (-0.7%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners52.56%
Inst Owner Change0.48%
Ins Owners7.82%
Ins Owner Change1.69%
Market Cap202.54M
Revenue(TTM)64.00M
Net Income(TTM)7.54M
Analysts82
Price Target35.7 (47.7%)
Short Float %3.88%
Short Ratio3.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.03%
Min EPS beat(2)2.94%
Max EPS beat(2)13.12%
EPS beat(4)4
Avg EPS beat(4)114.69%
Min EPS beat(4)2.94%
Max EPS beat(4)422.88%
EPS beat(8)7
Avg EPS beat(8)66.61%
EPS beat(12)9
Avg EPS beat(12)56.43%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.06%
Min Revenue beat(2)-2.37%
Max Revenue beat(2)2.49%
Revenue beat(4)3
Avg Revenue beat(4)2.7%
Min Revenue beat(4)-2.37%
Max Revenue beat(4)6.52%
Revenue beat(8)4
Avg Revenue beat(8)0.39%
Revenue beat(12)6
Avg Revenue beat(12)0.71%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)6.06%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.84%
EPS NY rev (1m)0%
EPS NY rev (3m)1.54%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.04%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.77 | ||
| Fwd PE | 23.94 | ||
| P/S | 3.16 | ||
| P/FCF | 18.27 | ||
| P/OCF | 17.78 | ||
| P/B | 4.69 | ||
| P/tB | 4.73 | ||
| EV/EBITDA | 16.96 |
EPS(TTM)0.84
EY3.48%
EPS(NY)1.01
Fwd EY4.18%
FCF(TTM)1.32
FCFY5.47%
OCF(TTM)1.36
OCFY5.62%
SpS7.64
BVpS5.16
TBVpS5.11
PEG (NY)1.42
PEG (5Y)1.61
Graham Number9.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.01% | ||
| ROE | 17.44% | ||
| ROCE | 22.78% | ||
| ROIC | 16.69% | ||
| ROICexc | 25.78% | ||
| ROICexgc | 26.13% | ||
| OM | 15.43% | ||
| PM (TTM) | 11.78% | ||
| GM | 78.08% | ||
| FCFM | 17.32% |
ROA(3y)10.26%
ROA(5y)8.54%
ROE(3y)12.47%
ROE(5y)10.29%
ROIC(3y)11.76%
ROIC(5y)9.74%
ROICexc(3y)17.46%
ROICexc(5y)14.38%
ROICexgc(3y)18.08%
ROICexgc(5y)14.87%
ROCE(3y)16.06%
ROCE(5y)13.3%
ROICexgc growth 3Y46.82%
ROICexgc growth 5Y11%
ROICexc growth 3Y45.6%
ROICexc growth 5Y10.61%
OM growth 3Y29.31%
OM growth 5Y3.56%
PM growth 3Y28.63%
PM growth 5Y-1.68%
GM growth 3Y1.14%
GM growth 5Y0.12%
F-Score8
Asset Turnover1.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 26.11% | ||
| Cap/Sales | 0.48% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 103.16% | ||
| Profit Quality | 147.1% | ||
| Current Ratio | 4.31 | ||
| Quick Ratio | 3.99 | ||
| Altman-Z | 14.59 |
F-Score8
WACC8.75%
ROIC/WACC1.91
Cap/Depr(3y)117.67%
Cap/Depr(5y)133.86%
Cap/Sales(3y)1.59%
Cap/Sales(5y)1.94%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)44.83%
EPS 3Y47.61%
EPS 5Y17.82%
EPS Q2Q%25%
EPS Next Y20.21%
EPS Next 2Y21.56%
EPS Next 3Y10.13%
EPS Next 5YN/A
Revenue 1Y (TTM)16.97%
Revenue growth 3Y15.39%
Revenue growth 5Y14.53%
Sales Q2Q%17.27%
Revenue Next Year13.69%
Revenue Next 2Y12%
Revenue Next 3Y9.48%
Revenue Next 5YN/A
EBIT growth 1Y50.01%
EBIT growth 3Y49.21%
EBIT growth 5Y18.61%
EBIT Next Year62.84%
EBIT Next 3Y12.1%
EBIT Next 5YN/A
FCF growth 1Y27.85%
FCF growth 3YN/A
FCF growth 5Y28.06%
OCF growth 1Y25.65%
OCF growth 3YN/A
OCF growth 5Y22.11%
ELECTROMED INC / ELMD FAQ
What is the ChartMill fundamental rating of ELECTROMED INC (ELMD) stock?
ChartMill assigns a fundamental rating of 7 / 10 to ELMD.
What is the valuation status of ELECTROMED INC (ELMD) stock?
ChartMill assigns a valuation rating of 5 / 10 to ELECTROMED INC (ELMD). This can be considered as Fairly Valued.
How profitable is ELECTROMED INC (ELMD) stock?
ELECTROMED INC (ELMD) has a profitability rating of 8 / 10.
Can you provide the financial health for ELMD stock?
The financial health rating of ELECTROMED INC (ELMD) is 9 / 10.
What is the earnings growth outlook for ELECTROMED INC?
The Earnings per Share (EPS) of ELECTROMED INC (ELMD) is expected to grow by 20.21% in the next year.