Medical Equipment Companies By Roa

Return On Asset
ROAEfficiencyMarket RiskExp Return
1MDXG MiMedx Group
0.14
(0.09)
 2.58 
(0.23)
2ELMD Electromed
0.11
(0.02)
 3.19 
(0.08)
3EW Edwards Lifesciences Corp
0.0842
 0.06 
 1.68 
 0.11 
4DXCM DexCom Inc
0.0598
 0.17 
 3.24 
 0.55 
5MHUA Meihua International Medical
0.05
 0.10 
 8.86 
 0.86 
6MMSI Merit Medical Systems
0.0432
(0.07)
 2.26 
(0.15)
7NEPH Nephros
0.0416
 0.17 
 7.86 
 1.33 
8EMBC Embecta Corp
0.0253
(0.05)
 4.16 
(0.20)
9NVST Envista Holdings Corp
0.0157
 0.14 
 2.92 
 0.40 
10OSRHW OSR Holdings,
0.0
 0.08 
 14.46 
 1.17 
11TNONW Tenon Medical, Warrant
0.0
 0.03 
 12.30 
 0.40 
12PLRZ Polyrizon Ltd Ordinary
0.0
(0.02)
 43.79 
(1.07)
13BDMDW Baird Medical Investment
0.0
 0.09 
 20.45 
 1.93 
14WRBY Warby Parker
-0.0207
 0.13 
 4.72 
 0.61 
15STRRP Star Equity Holdings
-0.0341
(0.03)
 2.71 
(0.08)
16DHAIW DIH Holding US,
-0.0463
 0.13 
 21.98 
 2.79 
17OFIX Orthofix Medical
-0.05
(0.18)
 2.73 
(0.50)
18NVCR Novocure
-0.0864
 0.04 
 3.89 
 0.15 
19ESTA Establishment Labs Holdings
-0.11
 0.10 
 5.14 
 0.53 
20NPCE Neuropace
-0.12
(0.03)
 5.81 
(0.18)
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 Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time. Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.