Electromed, Inc. (ELMD) intrinsic value & 10-year financials
Electromed, Inc. (ELMD) has a Graham intrinsic value of $26.17 per share. At $27.42 on Oct 17, 2026, the stock trades 5% above that value. Over the last 10 fiscal years revenue grew 12.1% a year to $64.0M, with an average return on invested capital of 13.9%.
- Graham intrinsic value
- $26.17
- Share price (Oct 17, 2026)
- $27.42
- Price vs Graham value
- 5% above
- Market cap
- $244.4M
- Revenue (FY2025)
- $64.0M
- Revenue growth (10-yr CAGR)
- 12.1%
- ROIC (10-yr avg)
- 13.9%
- Free cash flow (FY2025)
- $11.1M
ELMD 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $64.0M | $7.5M | $0.85 | $11.1M | 15.1% | 16.1% |
| FY2024 | $54.7M | $5.2M | $0.58 | $8.8M | 12.0% | 11.7% |
| FY2023 | $48.1M | $3.2M | $0.36 | -$333.0K | 8.3% | 8.6% |
| FY2022 | $41.7M | $2.3M | $0.26 | -$2.1M | 7.1% | 11.1% |
| FY2021 | $35.8M | $2.4M | $0.27 | $2.8M | 8.8% | 11.6% |
| FY2020 | $32.5M | $4.2M | $0.47 | $3.4M | 15.8% | 21.5% |
| FY2019 | $31.3M | $2.0M | $0.23 | $1.3M | 9.0% | 11.4% |
| FY2018 | $28.3M | $1.9M | $0.22 | $1.9M | 10.6% | 12.5% |
| FY2017 | $25.9M | $2.2M | $0.26 | $572.4K | 13.8% | 16.7% |
| FY2016 | $23.0M | $2.2M | $0.27 | $1.6M | 13.5% | 18.2% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Electromed, Inc. is a consistent compounder, expanding top-line revenue at 12.0% annually over the past decade.
Electromed, Inc. returns on capital have been average, hovering around 14.0% ROIC over the decade.
Electromed, Inc. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Electromed, Inc. is modeled at 13.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $26.17 per share.