Pro-Dex (NASDAQ:PDEX) vs. Assure (NASDAQ:IONM) Head-To-Head Review

Assure (NASDAQ:IONM) and Pro-Dex (NASDAQ:PDEX) are both small-cap medical companies, but which is the superior investment? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, dividends, institutional ownership and earnings.

Volatility and Risk

Assure has a beta of 1.76, indicating that its share price is 76% more volatile than the S&P 500. Comparatively, Pro-Dex has a beta of 0.39, indicating that its share price is 61% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent recommendations for Assure and Pro-Dex, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Assure	0	0	0	0	N/A
Pro-Dex	0	0	1	0	3.00

Pro-Dex has a consensus price target of $30.00, indicating a potential upside of 3.20%. Given Pro-Dex’s higher probable upside, analysts plainly believe Pro-Dex is more favorable than Assure.

Valuation & Earnings

This table compares Assure and Pro-Dex”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Assure	$149,000.00	0.44	-$26.08 million	N/A	N/A
Pro-Dex	$53.84 million	1.79	$2.13 million	$0.62	46.89

Pro-Dex has higher revenue and earnings than Assure.

Institutional and Insider Ownership

3.3% of Assure shares are held by institutional investors. Comparatively, 15.3% of Pro-Dex shares are held by institutional investors. 3.8% of Assure shares are held by insiders. Comparatively, 47.5% of Pro-Dex shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Profitability

This table compares Assure and Pro-Dex’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Assure	-25,178.32%	N/A	-249.78%
Pro-Dex	3.95%	6.82%	4.17%

Summary

Pro-Dex beats Assure on 10 of the 11 factors compared between the two stocks.

About Assure

Assure Holdings Corp., through its subsidiaries, provides technical and professional intraoperative neuromonitoring surgical support services in the United States. It offers services in the areas of neurosurgery, spine, cardiovascular, orthopedic, ear, nose, throat, and other surgical procedures. The company delivers various clinical and operational services, including scheduling of the interoperative neurophysiologist and supervising practitioner, real time monitoring, patient advocacy, and billing services to support surgeons and medical facilities during invasive procedures. Assure Holdings Corp. is based in Englewood, Colorado.

About Pro-Dex

Pro-Dex, Inc. designs, develops, manufactures, and sells powered surgical instruments for medical device original equipment manufacturers worldwide. The company offers autoclavable, battery-powered and electric, and multi-function surgical drivers and shavers that are primarily used in the orthopedic, thoracic, and craniomaxillofacial markets. It also provides engineering, quality, and regulatory consulting services; and manufactures and sells rotary air motors to various industries. The company's 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.