Pro-Dex Inc
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… Read more
Pro-Dex Inc (PDEX) - Net Assets
Latest net assets as of December 2025: $41.63 Million USD
Based on the latest financial reports, Pro-Dex Inc (PDEX) has net assets worth $41.63 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($62.26 Million) and total liabilities ($20.62 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $41.63 Million |
| % of Total Assets | 66.87% |
| Annual Growth Rate | 8.41% |
| 5-Year Change | 44.04% |
| 10-Year Change | 312.66% |
| Growth Volatility | 94.69 |
Pro-Dex Inc - Net Assets Trend (1987–2025)
This chart illustrates how Pro-Dex Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pro-Dex Inc (1987–2025)
The table below shows the annual net assets of Pro-Dex Inc from 1987 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $36.63 Million | +18.68% |
| 2024-06-30 | $30.87 Million | -2.29% |
| 2023-06-30 | $31.59 Million | +24.22% |
| 2022-06-30 | $25.43 Million | 0.00% |
| 2021-06-30 | $25.43 Million | +33.41% |
| 2020-06-30 | $19.06 Million | +12.08% |
| 2019-06-30 | $17.01 Million | -1.55% |
| 2018-06-30 | $17.28 Million | +26.01% |
| 2017-06-30 | $13.71 Million | +54.44% |
| 2016-06-30 | $8.88 Million | +4.71% |
| 2015-06-30 | $8.48 Million | -8.01% |
| 2014-06-30 | $9.22 Million | +16.11% |
| 2013-06-30 | $7.94 Million | -16.89% |
| 2012-06-30 | $9.55 Million | -7.50% |
| 2011-06-30 | $10.32 Million | +35.57% |
| 2010-06-30 | $7.62 Million | -27.35% |
| 2009-06-30 | $10.48 Million | -21.18% |
| 2008-06-30 | $13.30 Million | +3.48% |
| 2007-06-30 | $12.85 Million | +6.44% |
| 2006-06-30 | $12.07 Million | +8.64% |
| 2005-06-30 | $11.11 Million | +28.27% |
| 2004-06-30 | $8.66 Million | +16.42% |
| 2003-06-30 | $7.44 Million | +1.69% |
| 2002-06-30 | $7.32 Million | -17.27% |
| 2001-06-30 | $8.85 Million | +49.17% |
| 2000-06-30 | $5.93 Million | +40.32% |
| 1999-06-30 | $4.23 Million | -67.89% |
| 1998-06-30 | $13.16 Million | +2.81% |
| 1997-06-30 | $12.80 Million | -26.44% |
| 1996-06-30 | $17.40 Million | +346.15% |
| 1995-06-30 | $3.90 Million | -2.50% |
| 1994-06-30 | $4.00 Million | +33.33% |
| 1993-06-30 | $3.00 Million | +7.14% |
| 1992-06-30 | $2.80 Million | +64.71% |
| 1991-06-30 | $1.70 Million | +240.00% |
| 1990-06-30 | $500.00K | +400.00% |
| 1989-06-30 | $100.00K | -80.00% |
| 1988-06-30 | $500.00K | -70.59% |
| 1987-06-30 | $1.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pro-Dex Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2894.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $35.93 Million | 98.08% |
| Common Stock | $704.00K | 1.92% |
| Total Equity | $36.63 Million | 100.00% |
Pro-Dex Inc Competitors by Market Cap
The table below lists competitors of Pro-Dex Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UNIMECH
NSE:UNIMECH
|
$85.66 Million |
|
Ramco Industries Limited
NSE:RAMCOIND
|
$85.72 Million |
|
ENB Financial Corp
OTCQX:ENBP
|
$85.76 Million |
|
Samhwa Paint
KO:000390
|
$85.77 Million |
|
Gotland Rederi AB Series A
ST:GOTL-A
|
$85.65 Million |
|
Adcock Ingram Holdings Limited
PINK:AIHLF
|
$85.61 Million |
|
Banque Nationale de Belgique S.A.
LSE:0DT1
|
$85.61 Million |
|
Arise AB (publ)
F:A4W
|
$85.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pro-Dex Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 30,867,000 to 36,632,000, a change of 5,765,000 (18.7%).
- Net income of 8,978,000 contributed positively to equity growth.
- Share repurchases of 3,504,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.98 Million | +24.51% |
| Share Repurchases | $3.50 Million | -9.57% |
| Other Changes | $291.00K | +0.79% |
| Total Change | $- | 18.68% |
Book Value vs Market Value Analysis
This analysis compares Pro-Dex Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.49x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 8.35x to 4.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1987-06-30 | $5.87 | $48.97 | x |
| 1988-06-30 | $1.29 | $48.97 | x |
| 1989-06-30 | $0.24 | $48.97 | x |
| 1990-06-30 | $0.90 | $48.97 | x |
| 1991-06-30 | $2.55 | $48.97 | x |
| 1992-06-30 | $2.24 | $48.97 | x |
| 1993-06-30 | $1.80 | $48.97 | x |
| 1994-06-30 | $2.40 | $48.97 | x |
| 1995-06-30 | $1.95 | $48.97 | x |
| 1996-06-30 | $6.17 | $48.97 | x |
| 1997-06-30 | $4.23 | $48.97 | x |
| 1998-06-30 | $4.42 | $48.97 | x |
| 1999-06-30 | $1.44 | $48.97 | x |
| 2000-06-30 | $1.99 | $48.97 | x |
| 2001-06-30 | $3.02 | $48.97 | x |
| 2002-06-30 | $2.50 | $48.97 | x |
| 2003-06-30 | $2.47 | $48.97 | x |
| 2004-06-30 | $2.79 | $48.97 | x |
| 2005-06-30 | $3.45 | $48.97 | x |
| 2006-06-30 | $3.63 | $48.97 | x |
| 2007-06-30 | $3.96 | $48.97 | x |
| 2008-06-30 | $4.02 | $48.97 | x |
| 2009-06-30 | $3.24 | $48.97 | x |
| 2010-06-30 | $2.36 | $48.97 | x |
| 2011-06-30 | $3.14 | $48.97 | x |
| 2012-06-30 | $2.92 | $48.97 | x |
| 2013-06-30 | $2.39 | $48.97 | x |
| 2014-06-30 | $2.64 | $48.97 | x |
| 2015-06-30 | $2.03 | $48.97 | x |
| 2016-06-30 | $2.13 | $48.97 | x |
| 2017-06-30 | $3.36 | $48.97 | x |
| 2018-06-30 | $3.98 | $48.97 | x |
| 2019-06-30 | $3.96 | $48.97 | x |
| 2020-06-30 | $4.67 | $48.97 | x |
| 2021-06-30 | $6.46 | $48.97 | x |
| 2022-06-30 | $6.76 | $48.97 | x |
| 2023-06-30 | $8.69 | $48.97 | x |
| 2024-06-30 | $8.64 | $48.97 | x |
| 2025-06-30 | $10.90 | $48.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pro-Dex Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 24.51%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.48%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 1.67x
- Recent ROE (24.51%) is above the historical average (-17.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1987 | -23.53% | -14.29% | 0.85x | 1.94x | $-570.00K |
| 1988 | -240.00% | -44.44% | 1.13x | 4.80x | $-1.25 Million |
| 1989 | -500.00% | -25.00% | 1.05x | 19.00x | $-510.00K |
| 1990 | 60.00% | 13.64% | 1.00x | 4.40x | $250.00K |
| 1991 | 11.76% | 9.52% | 0.84x | 1.47x | $30.00K |
| 1992 | 10.71% | 5.66% | 1.33x | 1.43x | $20.00K |
| 1993 | 3.33% | 1.43% | 1.49x | 1.57x | $-200.00K |
| 1994 | 15.00% | 7.41% | 1.45x | 1.40x | $200.00K |
| 1995 | 7.69% | 3.33% | 1.58x | 1.46x | $-90.00K |
| 1996 | 6.90% | 5.77% | 0.73x | 1.63x | $-540.00K |
| 1997 | -12.50% | -8.33% | 0.79x | 1.89x | $-2.88 Million |
| 1998 | 2.69% | 1.56% | 0.99x | 1.74x | $-962.42K |
| 1999 | -211.41% | -48.71% | 1.04x | 4.19x | $-9.36 Million |
| 2000 | 25.99% | 5.78% | 1.62x | 2.77x | $948.00K |
| 2001 | 32.18% | 19.18% | 1.26x | 1.33x | $1.96 Million |
| 2002 | -21.40% | -14.88% | 1.06x | 1.36x | $-2.30 Million |
| 2003 | 1.79% | 1.11% | 1.32x | 1.22x | $-611.20K |
| 2004 | 12.93% | 7.89% | 1.32x | 1.25x | $253.60K |
| 2005 | 16.64% | 13.37% | 1.08x | 1.15x | $737.70K |
| 2006 | 6.85% | 4.85% | 0.96x | 1.47x | $-380.30K |
| 2007 | 3.94% | 2.35% | 1.19x | 1.41x | $-779.10K |
| 2008 | 2.38% | 1.26% | 1.16x | 1.63x | $-1.01 Million |
| 2009 | -27.14% | -13.47% | 1.28x | 1.57x | $-3.89 Million |
| 2010 | -38.98% | -12.79% | 1.63x | 1.88x | $-3.73 Million |
| 2011 | 25.57% | 9.74% | 1.74x | 1.51x | $1.61 Million |
| 2012 | -9.17% | -5.08% | 1.35x | 1.34x | $-1.83 Million |
| 2013 | -22.48% | -14.56% | 1.16x | 1.33x | $-2.58 Million |
| 2014 | -5.30% | -4.51% | 0.92x | 1.27x | $-1.41 Million |
| 2015 | -4.31% | -2.73% | 1.07x | 1.48x | $-1.21 Million |
| 2016 | 9.26% | 4.08% | 1.81x | 1.26x | $-65.70K |
| 2017 | 37.08% | 23.17% | 1.34x | 1.19x | $3.71 Million |
| 2018 | 9.38% | 7.22% | 1.13x | 1.15x | $-106.60K |
| 2019 | 24.39% | 15.27% | 1.06x | 1.50x | $2.45 Million |
| 2020 | 32.06% | 17.55% | 1.12x | 1.63x | $4.21 Million |
| 2021 | 17.98% | 10.88% | 0.86x | 1.93x | $2.03 Million |
| 2022 | 17.98% | 10.88% | 0.86x | 1.93x | $2.03 Million |
| 2023 | 22.39% | 15.35% | 0.89x | 1.64x | $3.92 Million |
| 2024 | 6.89% | 3.95% | 1.03x | 1.70x | $-959.70K |
| 2025 | 24.51% | 13.48% | 1.09x | 1.67x | $5.31 Million |
Industry Comparison
This section compares Pro-Dex Inc's net assets metrics with peer companies in the Medical Instruments & Supplies industry.
Industry Context
- Industry: Medical Instruments & Supplies
- Average net assets among peers: $771,083,081
- Average return on equity (ROE) among peers: -146.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pro-Dex Inc (PDEX) | $41.63 Million | -23.53% | 0.50x | $85.66 Million |
| ANGELALIGN TECHNOLOGY INC (AGLFF) | $520.03 Million | 8.62% | 0.25x | $405.57 Million |
| Akoya Biosciences Inc (AKYA) | $-30.16 Million | 0.00% | 0.00x | $16.24 Million |
| Alcon AG (ALC) | $2.56 Billion | 36.42% | 1.05x | $36.83 Billion |
| Align Technology Inc (ALGN) | $161.15 Million | 22.17% | 0.38x | $11.50 Billion |
| AngioDynamics Inc (ANGO) | $372.19 Million | 2.67% | 0.10x | $344.14 Million |
| Ansell Limited (ANSLF) | $1.56 Billion | 10.20% | 0.61x | $2.58 Billion |
| AptarGroup Inc (ATR) | $2.07 Billion | 11.57% | 1.03x | $7.93 Billion |
| AtriCure Inc (ATRC) | $483.76 Million | 10.38% | 0.27x | $1.38 Billion |
| Avinger Inc (AVGR) | $4.24 Million | -1323.46% | 11.63x | $1.26 Million |
| Anteris Technologies Global Corp. Common Stock (AVR) | $18.90 Million | -243.53% | 0.62x | $156.14 Million |