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Pro Dex Inc. (PDEX) Fundamental Analysis & AI Grade 2026

PDEX Nasdaq Surgical & Medical Instruments & Apparatus CIK: 0000788920
Updated This Month • Analysis: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Grade
A
75% Confidence
N/A
A
75% Conf
Pending
Analysis scheduled

📊 PDEX Key Takeaways

Revenue: $57.1M
Net Margin: 18.9%
Free Cash Flow: $7.2M
Current Ratio: 3.67x
Debt/Equity: 0.34x
EPS: $3.27
AI Grade: A with 75% confidence
Pro Dex Inc. (PDEX) receives a A fundamental grade with 75% confidence from our AI analysis based on SEC 10-K filings. With revenue of $57.1M, net profit margin of 18.9%, and return on equity (ROE) of 23.9%, Pro Dex Inc. demonstrates strong fundamentals in the Healthcare sector. Below is our complete PDEX stock analysis for 2026.

Is Pro Dex Inc. (PDEX) a Good Investment?

Claude

PRO DEX demonstrates strong operational fundamentals with 23.7% revenue growth, expanding margins (18.9% net, 16.6% operating), and robust free cash flow generation of $7.2M. The company maintains a conservative balance sheet (0.34x debt/equity, 3.67x current ratio) with excellent interest coverage, though sustainability concerns exist given the extreme net income spike and modest cash position relative to debt levels.

Pro Dex Inc. Key Strengths (PDEX)

Claude
  • + Strong revenue growth of 23.7% YoY with maintained/expanded profitability margins across gross, operating, and net levels
  • + Excellent balance sheet quality with conservative leverage (0.34x debt/equity), strong liquidity (3.67x current ratio, 2.14x quick ratio), and comfortable debt service (17.5x interest coverage)
  • + Positive free cash flow conversion with $7.2M FCF and 12.7% FCF margin, supported by capital-light business model ($280K capex)

PDEX Stock Risks: Pro Dex Inc. Investment Risks

Claude
  • ! Extraordinary 5692% YoY net income growth compared to 23.7% revenue growth suggests prior year included substantial losses or one-time charges, raising sustainability questions on normalized profitability
  • ! Modest cash position of $6.6M relative to $15.4M long-term debt creates limited financial cushion despite strong coverage ratios
  • ! Small-cap company ($75M assets) in regulated medical device sector faces execution risk and potential competitive pressures without demonstrated R&D commitment or product pipeline visibility

Key Metrics to Watch

Claude
  • * Revenue growth sustainability and gross margin trends over next 2-3 quarters
  • * Operating cash flow conversion and free cash flow generation consistency
  • * Cash accumulation trajectory and long-term debt reduction progress
  • * Customer concentration risk and retention rates in medical instruments segment

Pro Dex Inc. (PDEX) Financial Metrics & Key Ratios

Revenue
$57.1M
Net Income
$10.8M
EPS (Diluted)
$3.27
Free Cash Flow
$7.2M
Total Assets
$75.0M
Cash Position
$6.6M

💡 AI Analyst Insight

Strong liquidity with a 3.67x current ratio provides a solid financial cushion.

PDEX Profit Margin, ROE & Profitability Analysis

Gross Margin 30.2%
Operating Margin 16.6%
Net Margin 18.9%
ROE 23.9%
ROA 14.4%
FCF Margin 12.7%

PDEX vs Healthcare Sector: How Pro Dex Inc. Compares

How Pro Dex Inc. compares to Healthcare sector averages

Net Margin
PDEX 18.9%
vs
Sector Avg 12.0%
PDEX Sector
ROE
PDEX 23.9%
vs
Sector Avg 15.0%
PDEX Sector
Current Ratio
PDEX 3.7x
vs
Sector Avg 2.0x
PDEX Sector
Debt/Equity
PDEX 0.3x
vs
Sector Avg 0.6x
PDEX Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Pro Dex Inc. Stock Overvalued? PDEX Valuation Analysis 2026

Based on fundamental analysis, Pro Dex Inc. appears fundamentally strong relative to the Healthcare sector in 2026.

Return on Equity
23.9%
Sector avg: 15%
Net Profit Margin
18.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.34x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Pro Dex Inc. Balance Sheet: PDEX Debt, Cash & Liquidity

Current Ratio
3.67x
Quick Ratio
2.14x
Debt/Equity
0.34x
Debt/Assets
39.7%
Interest Coverage
17.46x
Long-term Debt
$15.4M

PDEX Revenue & Earnings Growth: 5-Year Financial Trend

PDEX 5-year financial data: Year 2021: Revenue $38.0M, Net Income $6.1M, EPS $1.50. Year 2022: Revenue $42.0M, Net Income $5.8M, EPS $1.48. Year 2023: Revenue $46.1M, Net Income $1.1M, EPS $0.28. Year 2024: Revenue $53.8M, Net Income $7.1M, EPS $1.95. Year 2025: Revenue $66.6M, Net Income $2.1M, EPS $0.60.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Pro Dex Inc.'s revenue has grown significantly by 75% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.60 reflects profitable operations.

PDEX Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
12.7%
Free cash flow / Revenue

PDEX Quarterly Earnings & Performance

Quarterly financial performance data for Pro Dex Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $17.4M $3.3M $0.98
Q2 2026 $16.8M $2.0M $0.61
Q1 2026 $14.9M $2.5M $0.75
Q3 2025 $14.3M $540.0K $0.15
Q2 2025 $12.6M -$115.0K $-0.03
Q1 2025 $11.9M -$615.0K $-0.17
Q3 2024 $13.1M $540.0K $0.15
Q2 2024 $11.3M -$115.0K $-0.03

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Pro Dex Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$7.5M
Cash generated from operations
Stock Buybacks
$2.8M
Shares repurchased (TTM)
Capital Expenditures
$280.0K
Investment in assets
Dividends
None
No dividend program

PDEX SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Pro Dex Inc. (CIK: 0000788920)

📋 Recent SEC Filings

Date Form Document Action
May 26, 2026 4 xslF345X06/ownership.xml View →
Apr 30, 2026 8-K pdex_8k.htm View →
Apr 30, 2026 10-Q pdex_10q-0033126.htm View →
Mar 27, 2026 8-K pdex_8k.htm View →
Feb 12, 2026 8-K pdex_8k.htm View →

Frequently Asked Questions about PDEX

What is the AI rating for PDEX?

Pro Dex Inc. (PDEX) has an AI grade of A with 75% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PDEX's key strengths?

Claude: Strong revenue growth of 23.7% YoY with maintained/expanded profitability margins across gross, operating, and net levels. Excellent balance sheet quality with conservative leverage (0.34x debt/equity), strong liquidity (3.67x current ratio, 2.14x quick ratio), and comfortable debt service (17.5x interest coverage).

What are the risks of investing in PDEX?

Claude: Extraordinary 5692% YoY net income growth compared to 23.7% revenue growth suggests prior year included substantial losses or one-time charges, raising sustainability questions on normalized profitability. Modest cash position of $6.6M relative to $15.4M long-term debt creates limited financial cushion despite strong coverage ratios.

What is PDEX's revenue and growth?

Pro Dex Inc. reported revenue of $57.1M.

Does PDEX pay dividends?

Pro Dex Inc. does not currently pay dividends.

Where can I find PDEX SEC filings?

Official SEC filings for Pro Dex Inc. (CIK: 0000788920) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PDEX's EPS?

Pro Dex Inc. has a diluted EPS of $3.27.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is PDEX's fundamental grade?

Based on our AI fundamental analysis in May 2026, Pro Dex Inc. has a A grade with 75% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is PDEX stock overvalued or undervalued?

Valuation metrics for PDEX: ROE of 23.9% (sector avg: 15%), net margin of 18.9% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.

What is PDEX's AI grade for 2026?

Our dual AI analysis gives Pro Dex Inc. a combined A grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is PDEX's free cash flow?

Pro Dex Inc.'s operating cash flow is $7.5M, with capital expenditures of $280.0K. FCF margin is 12.7%.

How does PDEX compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin 18.9% (avg: 12%), ROE 23.9% (avg: 15%), current ratio 3.67 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI