CONMED (CNMD) vs Electromed (ELMD)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Electromed (ELMD) has outperformed CONMED (CNMD) over the past year, gaining 14.4% versus a loss of 3.6%. Over five years, ELMD leads with a +156.6% price change compared with -68.9% for CNMD. CONMED is the larger company by market cap ($1.35 billion vs $230.4 million), about 5.9 times the size.
On valuation, CONMED trades at a lower forward P/E (9.4x vs 45.6x for Electromed). CONMED pays a dividend yielding 0.44%, while Electromed does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CNMD | ELMD |
|---|---|---|
| Share price | $45.11 | $27.80 |
| Market cap | $1.35B | $230.38M |
| 1-day change | +1.99% | -1.42% |
| YTD return | +8.94% | -3.16% |
| 1-year return | -3.64% | +14.45% |
| 5-year return | -68.86% | +156.60% |
| P/E ratio (TTM) | 24.38 | 21.38 |
| Forward P/E | 9.43 | 45.57 |
| EPS (TTM) | $1.85 | $1.30 |
| Dividend yield | 0.44% | 0.00% |
| Annual dividend | $0.20 | $0.00 |
| 52-week high | $53.66 | $47.40 |
| 52-week low | $31.44 | $23.01 |
| Distance from 52-week high | -15.93% | -41.35% |
| Analyst consensus | none | none |
| Avg. price target upside | +0.86% | +74.46% |
| Average volume | 493.66K | 104.76K |
| Shares outstanding | 29.95M | 8.29M |
| Employees | 3,900 | 195 |
| Sector | Health Care | Health Care |
| Industry | Biotechnology: Electromedical & Electrotherapeutic Apparatus | Biotechnology: Electromedical & Electrotherapeutic Apparatus |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CONMED is about 5.9 times larger than Electromed by market value ($1.35B vs $230.38M).
- ELMD has outperformed CNMD by 18.1 percentage points over the past year.
About CONMED
CNMD stock →CONMED Corporation, a medical technology company, develops, manufactures, and sells devices and equipment for surgical procedures. The company offers orthopedic surgery products, including BioBrace, TruShot with Y-Knot All-In-One Soft Tissue Fixation System, Y-knot All-Suture Anchors, and Agro Knotless Suture Anchors, which provide clinical solutions to orthopedic surgeons for the augmentation and repair of soft tissue injuries, as well as supporting products include powered resection instruments , fluid management, and visualization systems and the related single-use products that enable surgeons to perform minimally invasive sports medicine surgeries.
Health Care · Biotechnology: Electromedical & Electrotherapeutic Apparatus · 3,900 employees
About Electromed
ELMD stock →Electromed, Inc. develops, manufactures, markets, and sells airway clearance therapy and related products that apply high frequency chest wall oscillation (HFCWO) therapy in pulmonary care for patients in the United States and internationally.
Health Care · Biotechnology: Electromedical & Electrotherapeutic Apparatus · 195 employees
CNMD vs ELMD FAQ
Which is bigger, CONMED or Electromed?
CONMED (CNMD) is larger, with a market capitalization of $1.35B compared with $230.38M for Electromed (ELMD).
Which stock has performed better over the past year, CNMD or ELMD?
ELMD returned +14.45% over the past 12 months, compared with -3.64% for CNMD (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CNMD or ELMD?
ELMD has the lower trailing P/E at 21.4, versus 24.4 for CNMD. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, CONMED or Electromed?
CONMED pays a dividend yielding 0.44%, while Electromed does not currently pay a regular dividend.
Are CONMED and Electromed in the same industry?
Yes. Both are classified in the Biotechnology: Electromedical & Electrotherapeutic Apparatus industry within the Health Care sector.