ELMD

Strong BuyFallen FavouriteAI neutral

Electromed, Inc. · Healthcare · United States · $219M cap · $2.1M/day traded

$26.37 -1.9% · close 23 Oct · scored 24 Oct

StockRank down 1.4 since 23 Oct.

Fallen Favourite: A good business, still expensive, and the price is falling.

83
StockRank
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Quality
91
Value
45
Momentum
44

As of 24 Oct 2026, MoatMap's StockRank for Electromed, Inc. (ELMD) is 83/100, ranked against 24,000+ stocks in 35 markets (Quality 91, Value 45, Momentum 44, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
20.3x
peers 27.4x
ROE
23.3%
peers -31.5%
D/E
0.0x
peers 0.2x
Dividend %
—
trailing yield
AI CONVICTION THESIS

Electromed makes the SmartVest airway clearance system for patients with bronchiectasis and other chronic lung conditions, sold direct to patients and reimbursed by insurers. It reported record fiscal 2026 revenue with a 15th consecutive quarter of growth, carries high quality scores, and is buying back stock. The shares fell about 19% after the results, and the long-serving CEO has announced retirement, so the near-term picture on growth and leadership needs more clarity.

ABOUT ELECTROMED, INC.

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Electromed, Inc. designs, manufactures, and markets airway clearance technologies, primarily its proprietary SmartVest Airway Clearance System, for patients with chronic lung diseases like bronchiectasis. The company operates as a niche market leader in the High Frequency Chest Wall Oscillation (HFCWO) space. Its competitive moat is built on a direct-to-patient distribution model, strong clinical evidence supporting its products, and high reimbursement success rates with insurance providers.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2027E2028EFwd CAGR
Revenue41.7M48.1M54.7M64.0M15.4%73.8M72.1M79.9M7.7%
EPS0.270.370.600.8948.8%1.301.001.169.1%
Shares8.5M8.6M8.6M8.3M-1.5%8.3M———
Debt—————————
Equity34.2M37.7M44.5M43.2M8.1%————
Op CF-0.7M1.3M9.1M11.4M194.3%9.7M———
Inv CF-1.5M-1.7M-0.4M-0.3M—————
Fin CF-1.5M-0.4M36.0K-11.9M—————
Loading 1Y...
PRICE (1Y) · USD-0.1%
26.126.727.327.928.514 Sep5 Oct23 Oct
SMA 50SMA 200

Price checkNo clear trendExperimental

No clear trend: not near its 52-week low, and not in a steady uptrend.

SwingsBumpy

Swung more than 63% of stocks we rank over the past year (50% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$26.37
RSI (14)
25.4
52-Week Range-44.4% from high
Low $23.01High $47.40

SCORE BREAKDOWN

Quality
91
ROIC
25.7%94.3
ROE
23.3%90.5
GP/Assets
87.4%97.5
Op. Margin
19.7%82.2
FCF/Assets
12.6%90.3
Piotroski
790.0
Int. Cover
50.0x89.5
D/E Ratio
0.00x92.0
Current Ratio
4.69x70.8
Value
45
P/E (TTM)
20.3x56.1
EV/EBITDA
13.5x50.1
P/FCF
26.1x45.2
P/B
4.1x30.7
P/S
3.0x54.6
Div Yield
—N/A
Momentum
44
52W High %
56%33.8
RS 6M
-8%53.7
SMA 50/200
0.95x44.0
EPS Rev 4W
0.0%51.5
EPS Rev 12W
0.0%43.7
EPS Improve
-53%9.0
Q Growth
54%75.3

FUNDAMENTALS

Market Cap
$219M
P/E (Forward)
43.2x
Gross Margin
78.5%

SECTOR PEERS

Closest peers in Healthcare, ranked by industry match, size, and score similarity. Cross-listings of ELMD are excluded.

TickerCompanyMkt CapStockRankSignal
ELMDElectromed, Inc.(you)$219M83Strong Buy
AOTI.LAOTI, Inc.$185M71Buy
VMDViemed Healthcare, Inc.$373M88Strong Buy
DCTHDelcath Systems, Inc.$500M78Buy
TCMDTactile Systems Technology, Inc.$536M90Strong Buy
VREXVarex Imaging Corporation$782M76Buy
INGNInogen, Inc.$188M53Hold
IRMDIRADIMED CORPORATION$1.1B75Buy
BVSBioventus Inc.$1.0B96Strong Buy
INSPInspire Medical Systems, Inc.$2.1B82Strong Buy

Peer medians: ROE -31.5% · P/E 27.4x · Gross margin 62.6%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

Electromed, Inc. (ELMD): Stock Score Summary

Electromed, Inc. (ELMD) has a MoatMap StockRank of 83/100 based on Quality (91/100), Value (45/100), and Momentum (44/100) factor scores. The current signal is STRONG BUY. Electromed makes the SmartVest airway clearance system for patients with bronchiectasis and other chronic lung conditions, sold direct to patients and reimbursed by insurers. It reported record fiscal 2026 revenue with a 15th consecutive quarter of growth, carries high quality scores, and is buying back stock. The shares fell about 19% after the results, and the long-serving CEO has announced retirement, so the near-term picture on growth and leadership needs more clarity.

Electromed, Inc. designs, manufactures, and markets airway clearance technologies, primarily its proprietary SmartVest Airway Clearance System, for patients with chronic lung diseases like bronchiectasis. The company operates as a niche market leader in the High Frequency Chest Wall Oscillation (HFCWO) space. Its competitive moat is built on a direct-to-patient distribution model, strong clinical evidence supporting its products, and high reimbursement success rates with insurance providers.

Key Financial Metrics

Price$26.37
Market Cap$219M
P/E (TTM)20.28
P/E (Forward)43.23
Price/Book4.09
Return on Equity23.3%
Return on Invested Capital25.7%
Debt/Equity0.00x
Gross Margin78.5%
Operating Margin19.7%
Revenue Growth11.6%
Free Cash Flow$8M

Electromed, Inc. operates in the Medical Devices industry, part of the Healthcare sector (United States).

Frequently Asked Questions

What is Electromed, Inc.’s (ELMD) StockRank?
MoatMap’s StockRank for Electromed, Inc. (ELMD) is 83/100, with a Strong Buy signal. It is a composite of Quality (91), Value (45), and Momentum (44), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does Electromed, Inc. have an economic moat?
Electromed, Inc. (ELMD) has a Quality factor score of 91/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Electromed, Inc. a buy, hold, or sell?
MoatMap’s current signal for Electromed, Inc. (ELMD) is Strong Buy, based on a StockRank of 83/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Electromed, Inc. in?
Electromed, Inc. (ELMD) operates in the Healthcare sector, specifically the Medical Devices industry (United States).