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ProDex Inc PDEX

Pro-Dex, Inc. designs, develops, manufactures, and sells powered surgical instruments for medical device original equipment manufacturers worldwide. It offers autoclavable, battery-powered and electric, and multi-function surgical drivers and shavers that are primarily used in the orthopedic, thoracic, and craniomaxillofacial markets. The company also provides engineering, quality, and regulatory consulting services; and manufactures and sells rotary air motors to various industries. Its products are used in hospitals, medical engineering labs, scientific research facilities, and high-tech manufacturing operations. Pro-Dex, Inc. was founded in 1978 and is headquartered in Irvine, California.


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  • TorontojayX
Post by Torontojayon Jan 19, 2021 6:12am
183 Views
Post# 32324267

A hidden gem

A hidden gem Pro-dex has been growing sales per share at a cagr of 18.66% from 2015 to 2019. Sales in the last ttm has been $36.18 compared to $34.83 in 2019. The company currently has a return on equity of 31.3% which has been consistently high over many years. With the recent pullback and a P/E ratio of around 18 I think it's a great buying opportunity. 
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