
Investor-One
2021-09-14 07:00:00
5 Medical Companies with Return on Tangible Equity Above 10%
With the gradual economic recovery and border reopening, demand for general medical services and medical tourism services are expected to increase. Their asset-light business models mean that they can leverage on the rebound fairly quickly. In this article, we will be looking at these 5 medical companies and their Return on Tangible Equity (ROTE in short), mainly: Alliance Healthcare Group Limited (SGX: MIJ) Asian Healthcare Specialists Limited (SGX: 1J3) Singapore O&G Limited (SGX: 1D8) HC Surgical Specialists Limited (SGX: 1B1) ISEC Healthcare Limited (SGX: 40T).