Pro-Dex (PDEX)
Market Price (7/17/2026): $58.88 | Market Cap: $188.5 MilSector: Health Care | Industry: Health Care Equipment
Pro-Dex (PDEX)
Market Price (7/17/2026): $58.88Market Cap: $188.5 MilSector: Health CareIndustry: Health Care Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.3% Megatrend and thematic driversMegatrends include Medical Technology Innovation, and Advanced Manufacturing & Automation. Themes include Medical Device Components & Subsystems, and Precision Motion Control Solutions. | Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 26x Key risksPDEX key risks include [1] an extreme customer concentration, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.3% |
| Megatrend and thematic driversMegatrends include Medical Technology Innovation, and Advanced Manufacturing & Automation. Themes include Medical Device Components & Subsystems, and Precision Motion Control Solutions. |
| Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 26x |
| Key risksPDEX key risks include [1] an extreme customer concentration, Show more. |
Qualitative Assessment
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Pro-Dex (PDEX) stock has gained about 20% since 3/31/2026 because of the following key factors:
1. Pro-Dex (PDEX) reported robust fiscal Q3 2026 earnings on April 30, 2026, for the quarter ended March 31, 2026. The company's diluted earnings per share (EPS) of $1.20 significantly surpassed analyst consensus estimates of $0.62, representing a positive surprise of $0.58.
2. The company demonstrated strong revenue growth, with net sales increasing 15% year-over-year to $19.9 million in fiscal Q3 2026. This growth was partially driven by continued shipments of its next-generation orthopedic handpiece to its largest customer, contributing to improved gross profit in the previous fiscal Q2 2026.
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Pro-Dex (PDEX) stock has gained about 20% since 3/31/2026 because of the following key factors:
1. Pro-Dex (PDEX) reported robust fiscal Q3 2026 earnings on April 30, 2026, for the quarter ended March 31, 2026. The company's diluted earnings per share (EPS) of $1.20 significantly surpassed analyst consensus estimates of $0.62, representing a positive surprise of $0.58.
2. The company demonstrated strong revenue growth, with net sales increasing 15% year-over-year to $19.9 million in fiscal Q3 2026. This growth was partially driven by continued shipments of its next-generation orthopedic handpiece to its largest customer, contributing to improved gross profit in the previous fiscal Q2 2026.
3. Positive analyst sentiment followed the strong earnings report, with Ascendiant Capital Markets raising its price target for Pro-Dex from $56.00 to $70.00 and maintaining a "buy" rating on the stock.
4. The strategic acquisition of Advanced Precision Machining (APM), completed on February 9, 2026, likely contributed to investor optimism regarding future growth. Although the acquisition increased operating expenses and goodwill, it positions Pro-Dex for potential long-term benefits and diversification within its precision components manufacturing for the medical device industry.
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Stock Movement Drivers
Fundamental Drivers
The 20.3% change in PDEX stock from 3/31/2026 to 7/16/2026 was primarily driven by a 12.0% change in the company's P/E Multiple.| (LTM values as of) | 3312026 | 7162026 | Change |
|---|---|---|---|
| Stock Price ($) | 49.12 | 59.08 | 20.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 72 | 75 | 3.5% |
| Net Income Margin (%) | 15.7% | 16.1% | 2.3% |
| P/E Multiple | 14.1 | 15.8 | 12.0% |
| Shares Outstanding (Mil) | 3 | 3 | 1.5% |
| Cumulative Contribution | 20.3% |
Market Drivers
3/31/2026 to 7/16/2026| Return | Correlation | |
|---|---|---|
| PDEX | 20.3% | |
| Market (SPY) | 15.4% | 29.6% |
| Sector (XLV) | 10.4% | 4.5% |
Fundamental Drivers
The 53.5% change in PDEX stock from 12/31/2025 to 7/16/2026 was primarily driven by a 40.5% change in the company's P/E Multiple.| (LTM values as of) | 12312025 | 7162026 | Change |
|---|---|---|---|
| Stock Price ($) | 38.48 | 59.08 | 53.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 70 | 75 | 6.3% |
| Net Income Margin (%) | 15.9% | 16.1% | 0.9% |
| P/E Multiple | 11.2 | 15.8 | 40.5% |
| Shares Outstanding (Mil) | 3 | 3 | 1.9% |
| Cumulative Contribution | 53.5% |
Market Drivers
12/31/2025 to 7/16/2026| Return | Correlation | |
|---|---|---|
| PDEX | 53.5% | |
| Market (SPY) | 10.4% | 29.2% |
| Sector (XLV) | 5.0% | 8.8% |
Fundamental Drivers
The 35.4% change in PDEX stock from 6/30/2025 to 7/16/2026 was primarily driven by a 16.4% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 6302025 | 7162026 | Change |
|---|---|---|---|
| Stock Price ($) | 43.64 | 59.08 | 35.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 64 | 75 | 16.4% |
| Net Income Margin (%) | 14.6% | 16.1% | 10.1% |
| P/E Multiple | 15.2 | 15.8 | 3.7% |
| Shares Outstanding (Mil) | 3 | 3 | 1.9% |
| Cumulative Contribution | 35.4% |
Market Drivers
6/30/2025 to 7/16/2026| Return | Correlation | |
|---|---|---|
| PDEX | 35.4% | |
| Market (SPY) | 22.5% | 18.8% |
| Sector (XLV) | 21.6% | 10.5% |
Fundamental Drivers
The 209.3% change in PDEX stock from 6/30/2023 to 7/16/2026 was primarily driven by a 78.9% change in the company's P/E Multiple.| (LTM values as of) | 6302023 | 7162026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.10 | 59.08 | 209.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 48 | 75 | 55.3% |
| Net Income Margin (%) | 16.0% | 16.1% | 0.5% |
| P/E Multiple | 8.8 | 15.8 | 78.9% |
| Shares Outstanding (Mil) | 4 | 3 | 10.8% |
| Cumulative Contribution | 209.3% |
Market Drivers
6/30/2023 to 7/16/2026| Return | Correlation | |
|---|---|---|
| PDEX | 209.3% | |
| Market (SPY) | 75.3% | 14.3% |
| Sector (XLV) | 27.6% | 4.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PDEX Return | -25% | -31% | 10% | 167% | -18% | 47% | 83% |
| Peers Return | 30% | -10% | 2% | -4% | 1% | 5% | 22% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 11% | 102% |
Monthly Win Rates [3] | |||||||
| PDEX Win Rate | 50% | 42% | 50% | 75% | 58% | 71% | |
| Peers Win Rate | 68% | 47% | 57% | 53% | 48% | 46% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 57% | |
Max Drawdowns [4] | |||||||
| PDEX Max Drawdown | -43% | -49% | -24% | -27% | -65% | -16% | |
| Peers Max Drawdown | -18% | -39% | -35% | -39% | -30% | -30% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: EW, UFPT, ATRC, IART, ABT.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/16/2026 (YTD)
How Low Can It Go
| Event | PDEX | S&P 500 |
|---|---|---|
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -22.5% | -9.5% |
| % Gain to Breakeven | 29.0% | 10.5% |
| Time to Breakeven | 84 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -46.1% | -24.5% |
| % Gain to Breakeven | 85.6% | 32.4% |
| Time to Breakeven | 854 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -24.6% | -33.7% |
| % Gain to Breakeven | 32.6% | 50.9% |
| Time to Breakeven | 61 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -13.0% | -19.2% |
| % Gain to Breakeven | 15.0% | 23.8% |
| Time to Breakeven | 9 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -12.8% | -3.7% |
| % Gain to Breakeven | 14.6% | 3.9% |
| Time to Breakeven | 6 days | 6 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -19.5% | -17.9% |
| % Gain to Breakeven | 24.2% | 21.8% |
| Time to Breakeven | 22 days | 123 days |
In The Past
Pro-Dex's stock fell -7.1% during the 2025 US Tariff Shock. Such a loss loss requires a 7.6% gain to breakeven.
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| Event | PDEX | S&P 500 |
|---|---|---|
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -22.5% | -9.5% |
| % Gain to Breakeven | 29.0% | 10.5% |
| Time to Breakeven | 84 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -46.1% | -24.5% |
| % Gain to Breakeven | 85.6% | 32.4% |
| Time to Breakeven | 854 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -24.6% | -33.7% |
| % Gain to Breakeven | 32.6% | 50.9% |
| Time to Breakeven | 61 days | 140 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -81.9% | -53.4% |
| % Gain to Breakeven | 451.9% | 114.4% |
| Time to Breakeven | 2654 days | 1085 days |
In The Past
Pro-Dex's stock fell -7.1% during the 2025 US Tariff Shock. Such a loss loss requires a 7.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Pro-Dex (PDEX)
Pro-Dex, Inc. (PDEX) is a developer and manufacturer primarily focused on powered surgical instruments for the medical device industry. The company specializes in creating high-precision, autoclavable, and multi-function surgical drivers and shavers. These instruments are vital for various surgical procedures, offering advanced capabilities to healthcare professionals.
Pro-Dex's core product line includes advanced surgical drivers and shavers, available in both battery-powered and electric configurations. These instruments are designed for use by medical device original equipment manufacturers (OEMs) globally and are primarily utilized in specialized surgical fields such as orthopedics, thoracic surgery, and craniomaxillofacial procedures. Beyond instrumentation, Pro-Dex also provides valuable engineering, quality assurance, and regulatory consulting services to support its medical device clients.
In addition to its significant presence in the medical device sector, Pro-Dex diversifies its operations by manufacturing and selling rotary air motors. These motors cater to a broader range of industries, showcasing the company's engineering capabilities beyond its core surgical instrument business.
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Here are a couple of analogies to describe Pro-Dex:
- The Shimano for surgical instruments. (They develop and manufacture specialized, high-performance components and tools that other medical device companies integrate into their offerings, much like Shimano does for bicycles.)
- The Qualcomm for specialized surgical power tools. (They are a critical, behind-the-scenes supplier of core powered instruments for medical device OEMs, similar to how Qualcomm provides essential chips for smartphone manufacturers.)
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- Powered Surgical Instruments: Designs, develops, and manufactures autoclavable, battery-powered, electric, and multi-function surgical drivers and shavers for medical device original equipment manufacturers.
- Consulting Services: Provides engineering, quality, and regulatory consulting services.
- Rotary Air Motors: Manufactures and sells rotary air motors to various industries.
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Pro-Dex (PDEX) primarily sells its products and services to other companies (B2B).
The company designs, develops, and manufactures powered surgical instruments for medical device original equipment manufacturers (OEMs) worldwide. It also sells rotary air motors to various industries and provides engineering, quality, and regulatory consulting services. While Pro-Dex's SEC filings indicate that a significant portion of its revenue comes from a limited number of major customers (primarily OEMs), the specific names of these customer companies are not publicly disclosed by the company in its financial reports or other public statements.
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Richard L. Van Kirk joined Pro-Dex in January 2006, was named Vice President of Manufacturing in December 2006, and became Chief Operating Officer in April 2013, before being appointed Chief Executive Officer in January 2015. With approximately 40 years in the manufacturing world, including 19 years at Pro-Dex, his career prior to Pro-Dex included roles as Manufacturing Manager and Manager of Product Development at Comarco Wireless Technologies, ChargeSource Division, and General Manager at Dynacast, a leader in precision die casting.
Alisha Charlton, Chief Financial OfficerAlisha Charlton joined Pro-Dex in January 2014 as Senior Director of Finance and was promoted to Chief Financial Officer in January 2015. Before joining Pro-Dex, Ms. Charlton held various accounting positions at Comarco, Inc. from October 2000 to January 2014, ultimately serving as Chief Accounting Officer from April 2011. Prior to her 13-year tenure at Comarco, she held accounting and finance positions with CKE Restaurants, Inc. from February 1995 to October 2000. She began her career in July 1991 with KPMG Peat Marwick (now KPMG LLP) and is a formerly certified public accountant.
Angel Domingo, Director of Quality Systems and Regulatory AffairsAngel Domingo joined Pro-Dex in 2005 and has served as the Director of Quality Systems and Regulatory Affairs since 2014. She also joined Pro-Dex's Board of Directors in December 2021. Ms. Domingo possesses extensive experience in the MedTech industry, encompassing Medical Device, In Vitro Diagnostics, Pharmaceuticals, and Bulk Pharm/Chemicals. Her responsibilities involve ensuring that the company's products and Quality Management Systems adhere to industry, regulatory, and customer requirements throughout the device lifecycle.
Jorge Cuervo, Director of Project ManagementJorge Cuervo joined Pro-Dex in October 2023, bringing over 25 years of experience in Operations, Project Management, Lean Facilitation, Sales, and Consulting across North America, Europe, and Asia. Most recently, he led the PMO and Operations teams at a sector of Bio-Techne. He is recognized for his contributions to Business Operations and holds a BA in Business Management from Loyola Marymount University.
Nicholas J. Swenson, Chairman of the BoardNicholas J. Swenson has served on Pro-Dex's Board of Directors since January 2013 and currently holds the position of Chairman of the Board. Mr. Swenson is an active investor in both private and public companies.
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Here are the key risks to Pro-Dex's business:
- Customer Concentration: Pro-Dex faces significant risk due to its high dependence on a small number of customers. In fiscal year 2025, the company's largest customer alone accounted for 75% of its total sales, and the top three customers collectively represented 94% of sales. The loss of even one key customer could have a material adverse effect on Pro-Dex's business, financial condition, and operational results. This high customer concentration is consistently highlighted as the primary structural risk for the company.
- Regulatory and Product Liability Risks: As a manufacturer of powered surgical instruments, Pro-Dex operates in the highly regulated medical device industry. The company is subject to complex and evolving regulatory frameworks, including those from the FDA, European Union, and International Organization for Standardization (ISO). Failure to maintain strict regulatory compliance can lead to severe consequences such as fines, penalties, loss of market access, and costly product recalls. Additionally, there is an inherent risk of product liability if a medical device malfunctions or causes harm to a patient, which could result in significant legal and financial repercussions.
- Supply Chain Disruptions: Pro-Dex, like other medical device contract manufacturers, is vulnerable to disruptions in its supply chain. Challenges such as material shortages, delays, or issues with supplier reliability can directly impact production schedules and the timely delivery of its surgical instruments. Effective management of the supply chain is critical to ensure consistent product quality and meet customer demands, and any failure in this area could affect the company's manufacturing operations and financial performance.
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Pro-Dex (PDEX) operates in several distinct addressable markets for its main products and services. The market sizes for these areas are as follows:
Powered Surgical Instruments
- Global Market: The global powered surgical instruments market was valued at approximately USD 2.6 billion in 2023 and is projected to grow to USD 3.7 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 4% from 2024 to 2032. Another estimate placed the global market size at USD 2.61 billion in 2025, with a projection to reach USD 3.92 billion by 2034, at a CAGR of 4.6%. A higher estimate suggests the global powered surgical instruments market size was valued at USD 12.94 billion in 2024 and is estimated to reach USD 23.26 billion by 2033, with a CAGR of 6.77% from 2025 to 2033. The broader global surgical power tools market is expected to reach USD 3.25 billion by 2032 with a CAGR of 4.3%.
- North America Market: The North America powered surgical instruments market was valued at USD 1.2 billion in 2023. In 2025, North America held a 35.02% share of the global market. The U.S. market specifically is projected to reach USD 0.79 billion in 2026.
Market Segments for Powered Surgical Instruments:
- Orthopedic Surgery: This segment of the global powered surgical instruments market dominated with a revenue of USD 864.1 million in 2023. It is estimated to hold a 33.3% share in 2026. The global orthopedic power tools market size is expected to be valued at US$ 1.9 billion in 2026 and is projected to reach US$ 2.6 billion by 2033, growing at a CAGR of 4.4% between 2026 and 2033.
- Thoracic Surgery Devices: The global thoracic surgery devices market was valued at USD 6.1 billion in 2024 and is expected to reach USD 9.3 billion by 2030, with a CAGR of 7.2%. A different source estimates the global thoracic surgery devices market size at USD 790.92 million in 2024, projected to increase to approximately USD 1,466.18 million by 2034, expanding at a CAGR of 6.37% from 2025 to 2034. North America led this market with a 40% revenue share in 2024.
- Craniomaxillofacial (CMF) Devices: The global craniomaxillofacial devices market was estimated at USD 1.8 billion in 2023 and is projected to reach USD 3.5 billion by 2030, growing at a CAGR of 9.5% from 2024 to 2030. Another analysis valued the global CMF devices market at USD 2.2 billion in 2024, with an estimated growth to USD 4.2 billion by 2033, at a CAGR of 7.1% from 2025-2033. North America held a significant share, with over 78.6% in 2022 and 78.0% in 2024.
- Surgical Shavers: The surgical shavers market is expected to grow at a 4.5% CAGR globally during the forecast period for 2023-2031. North America held the largest share of this market, followed by Europe.
Rotary Air Motors
- Global Market: The global air motor market size is forecast to increase by USD 1.14 billion at a CAGR of 4.06% between 2023 and 2028. This market includes various types of air motors, including rotary models.
Engineering, Quality, and Regulatory Consulting Services
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Pro-Dex, Inc. (PDEX) is poised for future revenue growth over the next 2-3 years, driven by several key factors:
- Continued Adoption of Next-Generation Surgical Handpieces: The successful transition to and increasing shipments of its next-generation orthopedic handpiece for Pro-Dex's largest customer are significant revenue drivers. This product has substantially contributed to recent sales increases and is anticipated to continue fueling growth. The company extended its contract with this key customer through December 31, 2028, which includes minimum purchase volumes for 2026 and 2027, providing strong visibility into future revenue.
- Expansion of Craniomaxillofacial (CMF) Product Line: Pro-Dex is actively expanding its offerings in the CMF market. The company reported increased shipments of CMF drivers and batteries to various distributors in the second fiscal quarter of 2026. Furthermore, Pro-Dex plans to launch the new "Helios driver for CMF applications," featuring adaptive torque-limiting software, later this fiscal year, indicating further growth in this specialized area.
- Strategic Acquisition of Advanced Precision Machining (APM): The acquisition of Advanced Precision Machining LLC (APM) in February 2026 is a key part of Pro-Dex's expansion strategy. This acquisition is expected to not only streamline Pro-Dex's manufacturing operations but also enable the company to maintain and expand APM's business with other industries, such as aerospace and defense, diversifying its revenue streams beyond medical devices.
- Strengthening and Deepening Customer Relationships: Pro-Dex's strategy focuses on enhancing relationships and increasing penetration with its existing customer base, particularly its top accounts. The multi-year contract extension with its largest customer, ensuring minimum purchase volumes, underscores the company's commitment to long-term partnerships and provides a stable foundation for revenue growth.
- Leveraging a Robust Order Backlog: The company reported a substantial order backlog of $50.4 million as of June 30, 2025, which management expects to support continued revenue and operating income growth in fiscal year 2026. A record backlog of $58.8 million was also noted in Q1 of fiscal year 2025, signaling strong demand for Pro-Dex's products.
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Share Repurchases
- Pro-Dex authorized a share repurchase program for up to 1 million shares of common stock on December 13, 2019, which has no stated expiration.
- As of December 31, 2025, the company had repurchased 822,481 shares for $19.08 million under the December 2019 buyback plan.
- From October 1, 2025, to December 31, 2025, Pro-Dex repurchased 55,000 shares for $2.2 million.
Share Issuance
- Common stock issued by Pro-Dex amounted to $42,000 in fiscal year 2025, $50,000 in 2024, $89,000 in 2023, $60,000 in 2022, and $96,000 in 2021.
- The number of outstanding shares decreased from 3.65 million in 2021 to 3.26 million in 2025, indicating net share repurchases over issuances.
- In November 2025, an executive received a grant of 1,000 restricted shares under the company's equity incentive plan.
Outbound Investments
- Pro-Dex completed the acquisition of Advanced Precision Machining for $8.5 million on February 12, 2026, enhancing its manufacturing capabilities.
- During fiscal year 2025, Pro-Dex liquidated some equity investments, receiving proceeds of $1.9 million.
Capital Expenditures
- Capital expenditures were approximately $913,000 in the last 12 months as of an unspecified date in 2025.
- The company's property, plant, and equipment (PPE) investments were -$1,246,000 in 2025, -$983,000 in 2024, -$974,000 in 2023, -$1,638,000 in 2022, and -$8,268,000 in 2021.
- Pro-Dex purchased an industrial building in Tustin, California, to create additional capacity for expected future growth.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Pro-Dex Earnings Notes | 12/16/2025 | |
| With Pro-Dex Stock Sliding, Have You Assessed The Risk? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 73.46 |
| Mkt Cap | 1.9 |
| Rev LTM | 1,127 |
| Op Inc LTM | 69 |
| FCF LTM | 59 |
| FCF 3Y Avg | 32 |
| CFO LTM | 76 |
| CFO 3Y Avg | 84 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 12.7% |
| Rev Chg 3Y Avg | 13.8% |
| Rev Chg Q | 11.0% |
| QoQ Delta Rev Chg LTM | 2.6% |
| Op Inc Chg LTM | 10.8% |
| Op Inc Chg 3Y Avg | 25.8% |
| Op Mgn LTM | 14.9% |
| Op Mgn 3Y Avg | 15.5% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 12.5% |
| CFO/Rev 3Y Avg | 9.9% |
| FCF/Rev LTM | 10.5% |
| FCF/Rev 3Y Avg | 8.1% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Medical devices | 48 | 37 | 31 | 34 | 32 |
| Repairs | 19 | 17 | 13 | 7 | 5 |
| Industrial and scientific | 1 | 1 | 1 | 1 | 1 |
| Non-recurring engineering (NRE) & Prototype services | 1 | 1 | 3 | 1 | 0 |
| Dental and component | 0 | 0 | 0 | 0 | 0 |
| Discounts & Other | -1 | -1 | -1 | -1 | -0 |
| Total | 67 | 54 | 46 | 42 | 38 |
| $ Mil | 2016 | 2015 | 2004 | 2002 | 2001 |
|---|---|---|---|---|---|
| Pro-Dex | 2 | 0 | |||
| ESD | -0 | -0 | |||
| OMS | -0 | 0 | |||
| Fineline | -0 | -0 | |||
| Corporate Unallocated | -1 | -1 | |||
| Corporate | -1 | -1 | |||
| Motion Control | 1 | ||||
| Rotary Devices | 2 | ||||
| Micro Motors Inc. (Micro) | 1 | -2 | |||
| Oregon Micro Systems Inc. (OMS) | -1 | 3 | |||
| Total | 1 | -1 | 2 | -2 | 0 |
| $ Mil | 2016 | 2015 | 2004 | 2002 | 2001 |
|---|---|---|---|---|---|
| Pro-Dex | 7 | 8 | |||
| Corporate Unallocated | 3 | 3 | |||
| Fineline | 1 | 1 | |||
| OMS | 0 | 1 | |||
| ESD | 0 | 0 | |||
| Corporate | 2 | 3 | |||
| Motion Control | 2 | ||||
| Rotary Devices | 7 | ||||
| Micro Motors Inc. (Micro) | 6 | 5 | |||
| Oregon Micro Systems Inc. (OMS) | 1 | 2 | |||
| Total | 11 | 13 | 11 | 10 | 7 |
Price Behavior
| Market Price | $59.08 | |
| Market Cap ($ Bil) | 0.2 | |
| First Trading Date | 08/18/1995 | |
| Distance from 52W High | -12.5% | |
| 50 Days | 200 Days | |
| DMA Price | $61.51 | $45.78 |
| DMA Trend | up | up |
| Distance from DMA | -3.9% | 29.1% |
| 3M | 1YR | |
| Volatility | 52.2% | 65.1% |
| Downside Capture | 117.72 | 138.36 |
| Upside Capture | 133.65 | 132.79 |
| Correlation (SPY) | 39.6% | 19.2% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.29 | 1.55 | 1.20 | 1.04 | 0.98 | 0.61 |
| Up Beta | -0.75 | 1.55 | 0.56 | 0.45 | -0.12 | 0.33 |
| Down Beta | 1.53 | 1.71 | 1.52 | 0.65 | 0.74 | 0.61 |
| Up Capture | 128% | 195% | 147% | 208% | 182% | 79% |
| Bmk +ve Days | 11 | 24 | 40 | 67 | 140 | 429 |
| Stock +ve Days | 9 | 21 | 35 | 70 | 129 | 382 |
| Down Capture | 204% | 112% | 148% | 106% | 130% | 84% |
| Bmk -ve Days | 10 | 17 | 23 | 58 | 112 | 321 |
| Stock -ve Days | 11 | 19 | 27 | 54 | 121 | 345 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PDEX | |
|---|---|---|---|---|
| PDEX | 30.9% | 65.1% | 0.68 | - |
| Sector ETF (XLV) | 23.7% | 15.9% | 1.15 | 10.4% |
| Equity (SPY) | 21.8% | 12.6% | 1.29 | 18.7% |
| Gold (GLD) | 19.1% | 28.0% | 0.61 | 0.1% |
| Commodities (DBC) | 27.9% | 18.9% | 1.16 | -6.3% |
| Real Estate (VNQ) | 16.9% | 14.0% | 0.88 | 6.9% |
| Bitcoin (BTCUSD) | -45.3% | 42.8% | -1.29 | 5.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PDEX | |
|---|---|---|---|---|
| PDEX | 8.9% | 59.9% | 0.39 | - |
| Sector ETF (XLV) | 6.4% | 15.0% | 0.24 | 8.5% |
| Equity (SPY) | 13.2% | 17.1% | 0.60 | 16.0% |
| Gold (GLD) | 16.7% | 18.4% | 0.73 | -1.4% |
| Commodities (DBC) | 8.5% | 19.5% | 0.33 | 1.8% |
| Real Estate (VNQ) | 3.2% | 18.9% | 0.07 | 10.0% |
| Bitcoin (BTCUSD) | 14.5% | 53.5% | 0.45 | 7.5% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PDEX | |
|---|---|---|---|---|
| PDEX | 24.1% | 58.7% | 0.62 | - |
| Sector ETF (XLV) | 10.1% | 16.6% | 0.49 | 14.4% |
| Equity (SPY) | 15.4% | 17.9% | 0.73 | 18.4% |
| Gold (GLD) | 10.9% | 16.1% | 0.55 | 0.0% |
| Commodities (DBC) | 6.5% | 18.0% | 0.28 | 7.4% |
| Real Estate (VNQ) | 5.2% | 20.7% | 0.22 | 14.6% |
| Bitcoin (BTCUSD) | 57.8% | 66.2% | 0.98 | 5.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/17/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/30/2026 | -3.6% | 14.5% | 33.5% |
| 1/29/2026 | -0.4% | -2.4% | 17.1% |
| 10/30/2025 | 18.3% | 6.4% | 22.6% |
| 9/4/2025 | -16.5% | -23.1% | -25.6% |
| 5/1/2025 | -31.9% | -35.5% | -41.7% |
| 1/30/2025 | -11.6% | -20.0% | -16.0% |
| 10/31/2024 | 19.1% | 32.5% | 58.0% |
| 9/5/2024 | 4.6% | 17.3% | 39.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 9 | 12 |
| # Negative | 15 | 14 | 11 |
| Median Positive | 11.0% | 13.3% | 19.8% |
| Median Negative | -9.8% | -12.3% | -16.5% |
| Max Positive | 19.1% | 32.9% | 58.0% |
| Max Negative | -31.9% | -35.5% | -41.7% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/30/2026 | -3.6% | 14.5% | 33.5% |
| 1/29/2026 | -0.4% | -2.4% | 17.1% |
| 10/30/2025 | 18.3% | 6.4% | 22.6% |
| 9/4/2025 | -16.5% | -23.1% | -25.6% |
| 5/1/2025 | -31.9% | -35.5% | -41.7% |
| 1/30/2025 | -11.6% | -20.0% | -16.0% |
| 10/31/2024 | 19.1% | 32.5% | 58.0% |
| 9/5/2024 | 4.6% | 17.3% | 39.5% |
| 5/2/2024 | 0.2% | 1.3% | 7.2% |
| 2/8/2024 | -11.9% | -13.1% | -17.6% |
| 11/2/2023 | -3.4% | -5.9% | -12.8% |
| 5/4/2023 | 0.6% | 2.5% | 22.5% |
| 2/2/2023 | -4.0% | -5.1% | -4.0% |
| 11/3/2022 | -2.4% | -6.4% | -6.9% |
| 8/25/2022 | 4.2% | 9.5% | -16.5% |
| 5/5/2022 | -10.4% | -3.0% | 1.8% |
| 2/3/2022 | -9.8% | -15.9% | -35.5% |
| 11/15/2021 | -8.9% | -11.5% | 2.0% |
| 8/26/2021 | -14.1% | -17.9% | -14.9% |
| 5/6/2021 | 17.3% | 13.3% | 14.0% |
| 2/4/2021 | -19.8% | -22.4% | -34.0% |
| 11/5/2020 | -3.8% | -0.4% | 9.2% |
| 8/27/2020 | 17.6% | 32.9% | 29.3% |
| SUMMARY STATS | |||
| # Positive | 8 | 9 | 12 |
| # Negative | 15 | 14 | 11 |
| Median Positive | 11.0% | 13.3% | 19.8% |
| Median Negative | -9.8% | -12.3% | -16.5% |
| Max Positive | 19.1% | 32.9% | 58.0% |
| Max Negative | -31.9% | -35.5% | -41.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 04/30/2026 | 10-Q |
| 12/31/2025 | 01/29/2026 | 10-Q |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 09/04/2025 | 10-K |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 01/30/2025 | 10-Q |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 09/05/2024 | 10-K |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/08/2024 | 10-Q |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 10/13/2023 | 10-K |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/02/2023 | 10-Q |
| 09/30/2022 | 11/03/2022 | 10-Q |
| 06/30/2022 | 09/08/2022 | 10-K |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 04/30/2026 | 10-Q |
| 12/31/2025 | 01/29/2026 | 10-Q |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 09/04/2025 | 10-K |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 01/30/2025 | 10-Q |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 09/05/2024 | 10-K |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/08/2024 | 10-Q |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 10/13/2023 | 10-K |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/02/2023 | 10-Q |
| 09/30/2022 | 11/03/2022 | 10-Q |
| 06/30/2022 | 09/08/2022 | 10-K |
| 03/31/2022 | 05/05/2022 | 10-Q |
| 12/31/2021 | 02/03/2022 | 10-Q |
| 09/30/2021 | 11/15/2021 | 10-Q |
| 06/30/2021 | 09/09/2021 | 10-K |
| 03/31/2021 | 05/06/2021 | 10-Q |
| 12/31/2020 | 02/04/2021 | 10-Q |
| 09/30/2020 | 11/05/2020 | 10-Q |
| 06/30/2020 | 09/10/2020 | 10-K |
| 03/31/2020 | 05/07/2020 | 10-Q |
| 12/31/2019 | 02/06/2020 | 10-Q |
| 09/30/2019 | 11/07/2019 | 10-Q |
| 06/30/2019 | 09/12/2019 | 10-K |
Insider Activity
Updated 7/14/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Domingo, Angelita Rebamontan | Direct | Sell | 7142026 | 47.24 | 998 | 47,146 | 887,120 | Form | |
| 2 | Van, Kirk Richard Lee JR | Chief Executive Officer | Direct | Sell | 5262026 | 62.36 | 4,128 | 257,438 | 5,594,472 | Form |
| 3 | Van, Kirk Richard Lee JR | Chief Executive Officer | Direct | Sell | 5262026 | 62.81 | 5,872 | 368,810 | 5,893,608 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Domingo, Angelita Rebamontan | Direct | Sell | 7142026 | 47.24 | 998 | 47,146 | 887,120 | Form | |
| 2 | Van, Kirk Richard Lee JR | Chief Executive Officer | Direct | Sell | 5262026 | 62.36 | 4,128 | 257,438 | 5,594,472 | Form |
| 3 | Van, Kirk Richard Lee JR | Chief Executive Officer | Direct | Sell | 5262026 | 62.81 | 5,872 | 368,810 | 5,893,608 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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