Return on Equity (ROE) is often defined as a company’s net income divided by its shareholders’ equity. It is a measure of the return the equity shareholders make from the company’s income generated. That being said, the companies on our list today have managed to increase its ROE by more than 45% over the past year.
Prism Medical Ltd. (TSXV: PM) - $12.35
Medical Equipment, Supplies & Distribution
Prism Medical Ltd. is a provider of equipment and services used to move and handle mobility challenged individuals. The Company's products are marketed under the brand names of Prism Medical, Ergosafe, Waverley Glen and Nightingale. Prism manufactures a line of products, including fixed ceiling lifts, portable ceiling lifts, floor lifts, slings, shower chairs and other ancillary patient handling products. The Company also provides sales, installation, training and maintenance services.
- Market Cap: $57,321,802
- Total Revenue (LTM): $46,488,000
- LTM ROE*: 67.4%
- Net Change in LTM ROE (1 year): 67.3%
