Health Care Technology Companies By Roa

Return On Asset
ROAEfficiencyMarket RiskExp Return
1DOCS Doximity
0.13
 0.06 
 5.62 
 0.35 
2VEEV Veeva Systems Class
0.0657
 0.10 
 1.90 
 0.20 
3GDRX Goodrx Holdings
0.0362
 0.03 
 3.02 
 0.09 
4TBRG TruBridge
0.0334
 0.29 
 2.63 
 0.77 
5INSP Inspire Medical Systems
0.0304
(0.03)
 3.38 
(0.11)
6HSTM HealthStream
0.0263
 0.01 
 1.33 
 0.01 
7SLP Simulations Plus
0.0258
(0.06)
 2.88 
(0.16)
8WAY Waystar Holding Corp
0.0155
 0.03 
 2.72 
 0.07 
9CERT Certara
0.0075
 0.01 
 2.92 
 0.03 
10OMCL Omnicell
0.0016
(0.15)
 2.53 
(0.37)
11EVH Evolent Health
6.0E-4
(0.06)
 3.55 
(0.20)
12266233AH8 US266233AH80
0.0
 0.20 
 0.42 
 0.09 
13266233AJ4 DQE 2775 07 JAN 32
0.0
 0.05 
 3.43 
 0.16 
14156830AA9 KALLPA 4125 16 AUG 27
0.0
(0.17)
 1.47 
(0.25)
15DH Definitive Healthcare Corp
-0.0042
(0.07)
 6.05 
(0.40)
16OPRX OPTIMIZERx Corp
-0.0069
 0.15 
 8.41 
 1.24 
17WGSWW GeneDx Holdings Corp
-0.032
 0.10 
 13.89 
 1.39 
18TDOC Teladoc
-0.033
(0.01)
 4.37 
(0.04)
19HCAT Health Catalyst
-0.0457
(0.18)
 3.92 
(0.71)
20MYND Myndai,
-0.0723
(0.33)
 4.28 
(1.42)
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.