Electromed, Inc. (ELMD)

Electromedical & Electrotherapeutic Apparatus

Latest Price

$26.40

TTM P/E

23.09

Normalized P/E

43.73

Div Yield

Book Value

5.95

P/B Ratio

4.44

Valuation metrics

EPS: $1.30

Book value / share: $6.45

Formula: √(22.5 × EPS × BVPS)

Graham Number

$13.74

48% downside

Norm. op. income: $5M (median of 7yr)

Tax rate: 23%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$7.15

73% downside

Base FCF: $9M (median of recent 5yr)

Growth: -15%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$6.91

74% downside

EPS: $1.30

Target P/E: 42×

Formula: EPS × P/E

P/E Fair Value

$54.60

+107% upside

50.5% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
J.E. Simmons & Co., P.C.	483.8K	$20.0M	5.78%	-9.0K	2026-06-30
BlackRock, Inc.	465.6K	$19.0M	5.57%	+6.8K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	283.2K	$11.0M	3.39%	-51.8K	2026-06-30
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.	218.5K	$9.0M	2.61%	-6.0K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	217.1K	$9.0M	2.60%	+15.2K	2026-06-30
DIMENSIONAL FUND ADVISORS LP	180.4K	$7.0M	2.16%	+2.2K	2026-06-30
TWO SIGMA INVESTMENTS, LP	167.5K	$7.0M	2.00%	--	2026-06-30
HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC	155.9K	$6.0M	1.86%	+5.1K	2026-06-30
STATE STREET CORP	112.6K	$4.0M	1.35%	+6.3K	2026-06-30
RENAISSANCE TECHNOLOGIES LLC	99.7K	$4.0M	1.19%	-24.3K	2026-06-30