Medical Equipment Companies By Roa

Return On Asset
ROAEfficiencyMarket RiskExp Return
1MDXG MiMedx Group
0.18
(0.12)
 1.83 
(0.23)
2ELMD Electromed
0.11
(0.04)
 3.56 
(0.13)
3EW Edwards Lifesciences Corp
0.11
 0.02 
 1.83 
 0.03 
4DXCM DexCom Inc
0.0588
 0.13 
 2.01 
 0.26 
5MMSI Merit Medical Systems
0.0456
(0.01)
 1.41 
(0.02)
6MHUA Meihua International Medical
0.042
(0.05)
 7.58 
(0.34)
7EMBC Embecta Corp
0.0313
(0.30)
 2.38 
(0.71)
8NVST Envista Holdings Corp
0.0164
(0.04)
 2.33 
(0.10)
9TNONW Tenon Medical, Warrant
0.0
 0.17 
 19.92 
 3.47 
10NAYA NAYA Biosciences,
0.0
(0.17)
 7.57 
(1.32)
11AVR Anteris Technologies Global
0.0
 0.13 
 4.17 
 0.56 
12053807AS2 AVNET INC 4625
0.0
(0.10)
 0.53 
(0.05)
13053807AV5 AVT 55 01 JUN 32
0.0
 0.01 
 0.71 
 0.01 
14053807AU7 AVT 3 15 MAY 31
0.0
(0.08)
 2.11 
(0.18)
15BDMDW Baird Medical Investment
0.0
 0.15 
 70.89 
 10.86 
16BBNX Beta Bionics, Common
0.0
(0.31)
 2.68 
(0.84)
17BDMD Baird Medical Investment
0.0
 0.11 
 82.95 
 9.27 
18CBLL CeriBell,
0.0
(0.05)
 3.43 
(0.17)
19NARI Inari Medical
-0.0321
 0.17 
 5.32 
 0.91 
20STRRP Star Equity Holdings
-0.0341
 0.04 
 1.96 
 0.07 
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.