Health Care Technology Companies By Roe

Return On Equity
Return On EquityEfficiencyMarket RiskExp Return
1DOCS Doximity
0.15
(0.11)
 1.89 
(0.20)
2VEEV Veeva Systems Class
0.13
(0.03)
 1.53 
(0.05)
3SDGR Schrodinger
0.0817
(0.01)
 4.23 
(0.04)
4INOV Inovalon Holdings
0.0716
 0.10 
 0.36 
 0.03 
5SLP Simulations Plus
0.0616
 0.10 
 3.94 
 0.40 
6HSTM HealthStream
0.0523
 0.00 
 1.80 
 0.00 
7NWCI NewCardio
0.0
 0.00 
 0.00 
 0.00 
8OLMM OneLife Technologies Corp
0.0
 0.00 
 0.00 
 0.00 
9ONMD OneMedNet Corp
0.0
(0.07)
 10.28 
(0.75)
10ONMDW OneMedNet Corp
0.0
 0.11 
 23.36 
 2.50 
11IGRW Interactive Health Network
0.0
 0.00 
 0.00 
 0.00 
12KALO Kallo Inc
0.0
 0.00 
 0.00 
 0.00 
13GDRX Goodrx HoldingsInc
-0.0113
 0.08 
 3.77 
 0.28 
14OMCL Omnicell
-0.0176
(0.09)
 2.76 
(0.25)
15INSP Inspire Medical Systems
-0.0396
 0.07 
 3.21 
 0.23 
16CERT Certara
-0.0521
 0.04 
 2.64 
 0.10 
17TDOC Teladoc
-0.1
(0.16)
 3.90 
(0.62)
18EVH Evolent Health
-0.11
(0.05)
 2.47 
(0.11)
19OPRX OPTIMIZERx Corp
-0.14
(0.14)
 3.64 
(0.52)
20ICAD icad inc
-0.21
 0.04 
 5.94 
 0.23 
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income. For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.