Recent News
On June 17, 2026 Pro‑Dex filed a Regulation FD investor presentation and began public investor/analyst presentations. On May 26, 2026 the company disclosed a Form 4 reporting the CEO’s open‑market sale of 10,000 shares executed May 21–22, 2026. On May 12, 2026 an analyst at Ascendiant Capital maintained a Buy rating and raised the price target. On July 14, 2026 filings and news services reported a director’s reported open‑market sale of 998 shares (transaction date March 16, 2026).
Technical Analysis
Directional indicators show bullish bias: DI+ at 24.33 and increasing while DI‑ at 15.21 is decreasing, which signals constructive directional momentum supporting near‑term upside toward fair value.
ADX reads 25.21, indicating a measurable trend strength; that trend strength increases the probability that recent bullish directional signals will persist and therefore supports the near‑term price bias implied by momentum indicators.
MACD stands at 1.24 and trends upward with the MACD line above the signal line (signal = 0.09), constituting a bullish momentum confirmation that aligns with short‑term continuation potential.
MRO registers ‑19.06 and is increasing; the negative MRO indicates price sits below the model target and, with the oscillator rising, suggests mean reversion pressure that favors further upside toward the target level implied by momentum improvements.
RSI at 52.73 and rising implies available upside without overbought extremes; price recently trades above the 20‑day and 50‑day averages and above the 12/26 EMAs, which reinforces bias for continued advance while keeping pullback risk intact near the upper Bollinger band (upper 1× std = $66.23).
Fundamental Analysis
Revenue expanded sharply year‑over‑year: YoY revenue growth stands at 86.34%, with the most recent QoQ revenue change showing a large reported increase (converted: 859.75% QoQ). Total revenue: $19,949,000. Such top‑line acceleration drives operating leverage despite some margin variability.
Operating profitability strengthened: EBIT equals $5,541,000 and EBIT margin equals 27.78%, above the industry peer mean of 12.30% and above the industry peer median of 14.54% while remaining within the industry peer range. This level of operating margin supports the WMDST under‑valued view by showing superior conversion of revenue into operating profit versus typical peers.
Cash and liquidity remain ample: cash of $9,993,000 and cash plus short‑term investments of $10,979,000 produce a current ratio of 3.67 and a quick ratio of 2.14, both above the industry peer mean levels and indicating a conservative short‑term liquidity position relative to liabilities of $29,779,000.
Capital structure and leverage: total debt of $19,334,000 produces debt‑to‑assets of 25.79% and debt‑to‑equity of 42.78%; interest coverage at 27.57× shows strong capacity to service debt. Free cash flow equals $1,521,000 with a free cash flow yield of 1.00%, modestly above the industry peer mean of 0.70%.
Market multiples present mixed signals: price‑to‑book at 3.36 sits below the industry peer mean of 4.01 but above the peer median of 3.09; forward P/E near 84.71 aligns close to the industry peer mean. Enterprise multiple at 27.17 falls well below the industry peer mean, implying a valuation gap relative to peers on an EV basis.
The current valuation as determined by WMDST: under‑valued. WMDST’s assessment draws on superior EBIT margin, ample liquidity, positive cash conversion and a below‑peer enterprise multiple that collectively suggest upside to market valuation if operating momentum sustains.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-03-31 |
| REPORT DATE: | 2026-07-29 |
| NEXT REPORT DATE: | 2026-10-28 |
| CASH FLOW | Begin Period Cash Flow | $ 8.0 M |
| Operating Cash Flow | $ 3.2 M | |
| Capital Expenditures | $ -112.00 K | |
| Change In Working Capital | $ -423.00 K | |
| Dividends Paid | — | |
| Cash Flow Delta | $ 2.0 M | |
| End Period Cash Flow | $ 10.0 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 19.9 M | |
| Forward Revenue | $ 2.1 M | |
| COSTS | ||
| Cost Of Revenue | $ 13.8 M | |
| Depreciation | $ 363.0 K | |
| Depreciation and Amortization | $ 363.0 K | |
| Research and Development | $ 827.0 K | |
| Total Operating Expenses | $ 16.9 M | |
| PROFITABILITY | ||
| Gross Profit | $ 6.1 M | |
| EBITDA | $ 5.9 M | |
| EBIT | $ 5.5 M | |
| Operating Income | $ 3.1 M | |
| Interest Income | $ 53.0 K | |
| Interest Expense | $ 201.0 K | |
| Net Interest Income | $ -148.00 K | |
| Income Before Tax | $ 5.3 M | |
| Tax Provision | $ 1.4 M | |
| Tax Rate | 26.255 % | |
| Net Income | $ 3.9 M | |
| Net Income From Continuing Operations | $ 3.9 M | |
| EARNINGS | ||
| EPS Estimate | — | |
| EPS Actual | — | |
| EPS Difference | — | |
| EPS Surprise | — | |
| Forward EPS | $ 0.52 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 75.0 M | |
| Intangible Assets | $ 7.2 M | |
| Net Tangible Assets | $ 38.0 M | |
| Total Current Assets | $ 53.7 M | |
| Cash and Short-Term Investments | $ 11.0 M | |
| Cash | $ 10.0 M | |
| Net Receivables | $ 19.5 M | |
| Inventory | $ 22.4 M | |
| Long-Term Investments | $ 60.0 K | |
| LIABILITIES | ||
| Accounts Payable | $ 5.2 M | |
| Short-Term Debt | $ 4.2 M | |
| Total Current Liabilities | $ 14.6 M | |
| Net Debt | $ 8.5 M | |
| Total Debt | $ 19.3 M | |
| Total Liabilities | $ 29.8 M | |
| EQUITY | ||
| Total Equity | $ 45.2 M | |
| Retained Earnings | $ 45.2 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 14.14 | |
| Shares Outstanding | 3.197 M | |
| Revenue Per-Share | $ 6.24 | |
| VALUATION | Market Capitalization | $ 152.1 M |
| Enterprise Value | $ 160.4 M | |
| Enterprise Multiple | 27.172 | |
| Enterprise Multiple QoQ | -27.588 % | |
| Enterprise Multiple YoY | -21.74 % | |
| Enterprise Multiple IPRWA | high: 210.697 median: 67.577 mean: 66.828 PDEX: 27.172 low: -182.088 |
|
| EV/R | 8.042 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.659 | |
| Asset To Liability | 2.518 | |
| Debt To Capital | 0.3 | |
| Debt To Assets | 0.258 | |
| Debt To Assets QoQ | 47.38 % | |
| Debt To Assets YoY | -13.234 % | |
| Debt To Assets IPRWA | high: 1.319 median: 0.307 mean: 0.282 PDEX: 0.258 low: 0.003 |
|
| Debt To Equity | 0.428 | |
| Debt To Equity QoQ | 63.479 % | |
| Debt To Equity YoY | -20.991 % | |
| Debt To Equity IPRWA | high: 2.015 median: 0.573 mean: 0.503 PDEX: 0.428 low: -0.582 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 3.364 | |
| Price To Book QoQ | 12.173 % | |
| Price To Book YoY | -29.429 % | |
| Price To Book IPRWA | high: 20.69 mean: 4.006 PDEX: 3.364 median: 3.093 low: -9.075 |
|
| Price To Earnings (P/E) | — | |
| Price To Earnings QoQ | — | |
| Price To Earnings YoY | — | |
| Price To Earnings IPRWA | — | |
| PE/G Ratio | — | |
| Price To Sales (P/S) | 7.623 | |
| Price To Sales QoQ | 13.933 % | |
| Price To Sales YoY | -21.083 % | |
| Price To Sales IPRWA | high: 74.697 mean: 19.683 median: 14.423 PDEX: 7.623 low: 0.182 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 84.712 | |
| Forward PE/G | — | |
| Forward P/S | 72.938 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 11.689 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.291 | |
| Asset Turnover Ratio QoQ | -1.427 % | |
| Asset Turnover Ratio YoY | 4.051 % | |
| Asset Turnover Ratio IPRWA | high: 0.561 PDEX: 0.291 mean: 0.153 median: 0.113 low: 0.0 |
|
| Receivables Turnover | 1.068 | |
| Receivables Turnover Ratio QoQ | 3.346 % | |
| Receivables Turnover Ratio YoY | 5.271 % | |
| Receivables Turnover Ratio IPRWA | high: 3.497 mean: 1.482 median: 1.415 PDEX: 1.068 low: 0.24 |
|
| Inventory Turnover | 0.627 | |
| Inventory Turnover Ratio QoQ | 5.011 % | |
| Inventory Turnover Ratio YoY | 16.176 % | |
| Inventory Turnover Ratio IPRWA | high: 3.533 mean: 0.875 median: 0.726 PDEX: 0.627 low: 0.012 |
|
| Days Sales Outstanding (DSO) | 85.436 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 208.009 | |
| Cash Conversion Cycle Days QoQ | -1.087 % | |
| Cash Conversion Cycle Days YoY | -1.945 % | |
| Cash Conversion Cycle Days IPRWA | high: 648.716 PDEX: 208.009 mean: 130.722 median: 108.208 low: -188.101 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.511 | |
| CapEx To Revenue | -0.006 | |
| CapEx To Depreciation | -0.309 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 59.5 M | |
| Net Invested Capital | $ 63.7 M | |
| Invested Capital | $ 63.7 M | |
| Net Tangible Assets | $ 38.0 M | |
| Net Working Capital | $ 39.1 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.75 | |
| Current Ratio | 3.67 | |
| Current Ratio QoQ | -8.97 % | |
| Current Ratio YoY | 34.59 % | |
| Current Ratio IPRWA | high: 12.603 PDEX: 3.67 mean: 2.279 median: 2.204 low: 0.303 |
|
| Quick Ratio | 2.142 | |
| Quick Ratio QoQ | -4.874 % | |
| Quick Ratio YoY | 48.008 % | |
| Quick Ratio IPRWA | high: 8.924 PDEX: 2.142 mean: 1.687 median: 1.392 low: 0.248 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 3.275 | |
| Cost Of Debt | 0.981 % | |
| Interest Coverage Ratio | 27.567 | |
| Interest Coverage Ratio QoQ | 26.653 % | |
| Interest Coverage Ratio YoY | 41.282 % | |
| Interest Coverage Ratio IPRWA | high: 300.909 PDEX: 27.567 mean: 24.616 median: 9.328 low: -568.3 |
|
| Operating Cash Flow Ratio | 0.219 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 33.043 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 20.433 % | |
| Revenue Growth | 6.891 % | |
| Revenue Growth QoQ | 859.749 % | |
| Revenue Growth YoY | 86.344 % | |
| Revenue Growth IPRWA | high: 61.8 % PDEX: 6.891 % median: -0.442 % mean: -2.887 % low: -74.909 % |
|
| Earnings Growth | — | |
| Earnings Growth QoQ | — | |
| Earnings Growth YoY | — | |
| Earnings Growth IPRWA | — | |
| MARGINS | ||
| Gross Margin | 30.743 % | |
| Gross Margin QoQ | -0.094 % | |
| Gross Margin YoY | -7.665 % | |
| Gross Margin IPRWA | high: 93.08 % median: 58.684 % mean: 57.327 % PDEX: 30.743 % low: -35.079 % |
|
| EBIT Margin | 27.776 % | |
| EBIT Margin QoQ | 68.913 % | |
| EBIT Margin YoY | 0.769 % | |
| EBIT Margin IPRWA | high: 240.7 % PDEX: 27.776 % median: 14.538 % mean: 12.3 % low: -936.333 % |
|
| Return On Sales (ROS) | 15.51 % | |
| Return On Sales QoQ | -11.179 % | |
| Return On Sales YoY | -43.731 % | |
| Return On Sales IPRWA | high: 34.917 % PDEX: 15.51 % median: 12.048 % mean: 10.696 % low: -1069.0 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 1.5 M | |
| Free Cash Flow Yield | 1.0 % | |
| Free Cash Flow Yield QoQ | -63.316 % | |
| Free Cash Flow Yield YoY | 193.255 % | |
| Free Cash Flow Yield IPRWA | high: 5.328 % PDEX: 1.0 % mean: 0.702 % median: 0.569 % low: -48.467 % |
|
| Free Cash Growth | -55.317 % | |
| Free Cash Growth QoQ | -216.804 % | |
| Free Cash Growth YoY | -50.713 % | |
| Free Cash Growth IPRWA | high: 295.958 % mean: -38.164 % median: -50.328 % PDEX: -55.317 % low: -327.794 % |
|
| Free Cash To Net Income | 0.386 | |
| Cash Flow Margin | 16.036 % | |
| Cash Flow To Earnings | 0.812 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 5.739 % | |
| Return On Assets QoQ | 66.059 % | |
| Return On Assets YoY | 9.21 % | |
| Return On Assets IPRWA | high: 8.267 % PDEX: 5.739 % mean: 1.419 % median: 1.093 % low: -71.084 % |
|
| Return On Capital Employed (ROCE) | 9.183 % | |
| Return On Equity (ROE) | 0.087 | |
| Return On Equity QoQ | 65.867 % | |
| Return On Equity YoY | -6.13 % | |
| Return On Equity IPRWA | high: 0.619 PDEX: 0.087 mean: 0.036 median: 0.021 low: -0.992 |
|
| DuPont ROE | 9.07 % | |
| Return On Invested Capital (ROIC) | 6.415 % | |
| Return On Invested Capital QoQ | 45.829 % | |
| Return On Invested Capital YoY | -0.45 % | |
| Return On Invested Capital IPRWA | high: 12.45 % PDEX: 6.415 % mean: 2.364 % median: 1.401 % low: -17.565 % |
|