Electromed (ELMD): $24.70
Market Cap: $206.22M
Enterprise Value: $184.09M
For this month’s mid-month update, I was torn between providing an update on Seaport Entertainment (SEG), the spinoff from Howard Hughes (HHH) that has come back to life and a medical devices company that is executing extremely well. Seaport is up over 30% since we added it to the model portfolio after discussing it in the May 2025 Special Situations Newsletter thanks in part to finding a buyer for one of their properties near the Seaport area of lower Manhattan.