ELMD (Electromed) ROCE %: 31.79% (As of Mar. 2026)

What is Electromed ROCE %?

Electromed ELMD -1.64% 91 ROCE % is 31.79% as of Mar. 2026. GuruFocus rates ELMD with a GF Score™ of 91/100 and a GF Value™ of $25.15 (Significantly Overvalued). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Electromed's annualized ROCE % for the quarter that ended in Mar. 2026 was 31.79%.

Electromed (AMEX:ELMD) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Electromed ROCE % Related Terms

Electromed ROCE % Historical Data

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The historical data trend for Electromed's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Electromed ROCE % Chart

Electromed Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

ROCE %

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10.01

8.91

11.14

15.99

21.98

Electromed Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															19.56	27.87	24.22	32.04	31.79

91GF Score

Electromed Inc ELMD

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Electromed ROCE % Calculation

Electromed's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2025 )		(A: Jun. 2024 )		(A: Jun. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2025 )		(A: Jun. 2024 )		(A: Jun. 2025 )
	=	9.66	/	( ( (52.234 - 7.677)	+	(53.802 - 10.468) )	/ 2 )
	=	9.66	/	( (44.557	+	43.334)	/ 2 )
	=	9.66	/	43.9455
	=	21.98 %

Electromed's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	15.064	/	( ( (54.91 - 9.375)	+	(59.474 - 10.226) )	/ 2 )
	=	15.064	/	( ( 45.535	+	49.248 )	/ 2 )
	=	15.064	/	47.3915
	=	31.79 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 31.79% mean?

Electromed (ELMD) has a ROCE % of 31.79% as of Mar. 2026.

Is Electromed's ROCE % too high?

Electromed's current ROCE % is 31.79%. The Medical Devices & Instruments industry median ROCE % is 2.23. Electromed's value of 31.79% is 1325.6% above this industry median. Overall, Electromed has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Electromed's ROCE % compare to MASS and SI?

Electromed's ROCE % of 31.79% can be compared against companies in the Medical Devices & Instruments industry. The industry median ROCE % is 2.23. Electromed's value of 31.79% is 1325.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Medical Devices & Instruments company?

The median ROCE % among Medical Devices & Instruments companies is 2.23, based on 814 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Electromed's current ROCE % of 31.79% is 1325.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Medical Devices & Instruments industry, the median ROCE % is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electromed's current ROCE % is 31.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Electromed stock overvalued right now?

Based on GuruFocus' analysis, Electromed (ELMD) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.15, compared to a current price of $38.48 — trading 53% above its estimated fair value. The current ROCE % is 31.79% and 1325.6% above the Medical Devices & Instruments industry median of 2.23. Electromed's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Electromed (ELMD), the current ROCE % is 31.79% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Electromed (ELMD) Overvalued in 2026?

Based on GuruFocus' analysis, Electromed stock appears to be overvalued. The current stock price of $38.48 is trading 53% above its estimated GF Value™ of $25.15. GuruFocus considers Electromed to be Significantly Overvalued.

Key valuation signals for ELMD:

ROCE %: 31.79%
GF Value™: $25.15 vs. price of $38.48 (53% above fair value)
GF Score™: 91/100 with 5 warning signs
Industry Position: 1325.6% above the Medical Devices & Instruments median

No single metric tells the full story. See the ELMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Electromed Business Description

Industry Healthcare Medical Devices & Instruments

Comparable Companies MASS SI CV SENS SGHT QSI DCTH OFIX VMD CLPT ABT SYK MDT BSX EW XTER:SHL DXCM GEHC SZSE:300760 XAMS:PHIA

Address 500 Sixth Avenue NW, New Prague, MN, USA, 56071

Website https://www.smartvest.com

Electromed Inc is a United States-based company that develops, manufactures, markets, and sells products that provide airway clearance therapy, including the SmartVest Airway Clearance System and related products, to patients with compromised pulmonary function with a commitment to excellence and compassionate service. The SmartVest System features a programmable air pulse generator, a therapy garment worn over the upper body and a connecting hose, which together provide safe, comfortable, and effective airway clearance therapy.

91GF Score

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$38.48

Price

$25.15

GF Value

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