Medical Equipment Companies By Roa

Return On Asset
Return On AssetEfficiencyMarket RiskExp Return
1EW Edwards Lifesciences Corp
0.12
(0.01)
 1.47 
(0.01)
2RMD ResMed Inc
0.12
 0.09 
 3.01 
 0.28 
3MSA MSA Safety
0.12
 0.12 
 1.18 
 0.14 
4EMBC Embecta Corp
0.1
(0.28)
 2.76 
(0.78)
5SOLV Solventum Corp
0.0766
(0.23)
 2.98 
(0.69)
6MMM 3M Company
0.0758
 0.22 
 1.70 
 0.38 
7SYK Stryker
0.0723
(0.06)
 0.99 
(0.06)
8ELMD Electromed
0.0721
 0.22 
 4.59 
 1.02 
9DXCM DexCom Inc
0.0679
 0.03 
 2.57 
 0.07 
10HAE Haemonetics
0.0612
 0.21 
 1.70 
 0.36 
11FONR Fonar
0.0566
(0.07)
 2.60 
(0.18)
12GEHC GE HealthCare Technologies
0.0563
(0.01)
 2.36 
(0.01)
13STE STERIS plc
0.0477
(0.09)
 1.27 
(0.11)
14BSX Boston Scientific Corp
0.0454
 0.16 
 1.14 
 0.19 
15ZBH Zimmer Biomet Holdings
0.0444
(0.05)
 1.35 
(0.07)
16SNN Smith Nephew SNATS
0.0427
(0.11)
 1.47 
(0.17)
17MDT Medtronic PLC
0.0423
(0.08)
 1.10 
(0.08)
18PEN Penumbra
0.0392
(0.13)
 2.47 
(0.33)
19APT Alpha Pro Tech
0.0387
 0.12 
 2.96 
 0.36 
20BAX Baxter International
0.0354
(0.05)
 1.77 
(0.10)
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.