Health Care Technology Companies By Roa

Return On Asset
ROAEfficiencyMarket RiskExp Return
1DOCS Doximity
0.12
 0.11 
 4.90 
 0.53 
2VEEV Veeva Systems Class
0.0639
 0.07 
 2.02 
 0.14 
3GDRX Goodrx Holdings
0.0421
(0.22)
 3.63 
(0.81)
4SLP Simulations Plus
0.0285
(0.07)
 2.87 
(0.20)
5HSTM HealthStream
0.026
 0.11 
 1.68 
 0.19 
6WAY Waystar Holding Corp
0.0155
 0.18 
 1.53 
 0.27 
7INSP Inspire Medical Systems
0.0118
 0.02 
 3.03 
 0.05 
8EVH Evolent Health
0.0073
(0.20)
 6.55 
(1.32)
9CERT Certara
0.0059
(0.13)
 2.67 
(0.34)
10266233AH8 US266233AH80
0.0
(0.19)
 0.80 
(0.15)
11266233AJ4 DQE 2775 07 JAN 32
0.0
(0.04)
 3.75 
(0.16)
12266233AG0 US266233AG08
0.0
(0.23)
 0.66 
(0.15)
13156830AA9 KALLPA 4125 16 AUG 27
0.0
 0.10 
 3.11 
 0.32 
14TBRG TruBridge
-0.0064
 0.24 
 2.20 
 0.52 
15DH Definitive Healthcare Corp
-0.0076
(0.01)
 2.56 
(0.02)
16OMCL Omnicell
-0.0087
 0.02 
 4.77 
 0.11 
17TDOC Teladoc
-0.0313
 0.17 
 4.03 
 0.70 
18OPRX OPTIMIZERx Corp
-0.0328
(0.09)
 6.35 
(0.60)
19HCAT Health Catalyst
-0.0526
 0.10 
 3.21 
 0.31 
20MYND Myndai,
-0.0723
(0.01)
 6.42 
(0.09)
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.