MEDISTIM And IBA Have A High Dividend Yield And Return On Equity In The Medical Devices Industry.

(VIANEWS) – MEDISTIM (MEDI.OL) is among this list of stock assets with the highest dividend rate and return on equity on the Medical Devices industry.

Financial Asset Price Forward Dividend Yield Return on Equity
MEDISTIM (MEDI.OL) kr270.50 1.57% 33.83%
IBA (IBAB.BR) €16.26 1.08% 3.68%

Several Euronext companies pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.

1. MEDISTIM (MEDI.OL)

1.57% Forward Dividend Yield and 33.83% Return On Equity

Medistim ASA develops, produces, services, leases, and distributes medical devices for cardio-vascular surgery in the United States, Europe, Asia, and internationally. It offers MiraQ Cardiac, a system that combines ultrasound imaging and transit time flow measurement (TTFM) in a single system for cardiac surgery; MiraQ Vascular, a system that combines ultrasound imaging and transit TTFM in a single system for vascular surgery; and imaging probes for intraoperative use. The company also provides various flow probes, such as QuickFit TTFM probes to accurately measure blood volume flow intraoperatively in various range of surgical applications; Vascular TTFM probes for enhancing surgical outcomes; and doppler probes that are used on the surface of the heart/vessel to search for intramural coronary arteries or to locate the position and quantify the degree of a stenosis. In addition, it distributes and sells third party medical equipment. The company was incorporated in 1984 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, MEDISTIM has a trailing twelve months EPS of kr3.84.

PE Ratio

MEDISTIM has a trailing twelve months price to earnings ratio of 70.42. Meaning, the purchaser of the share is investing kr70.42 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 33.83%.

Moving Average

MEDISTIM’s worth is way higher than its 50-day moving average of kr228.20 and above its 200-day moving average of kr246.02.

More news about MEDISTIM.

2. IBA (IBAB.BR)

1.08% Forward Dividend Yield and 3.68% Return On Equity

Ion Beam Applications SA develops, manufactures, and supports medical devices and software solutions for cancer treatments in Belgium, the United States, and internationally. The company operates through Proton Therapy and Other Accelerators, and Dosimetry segments. The Proton Therapy and Other Accelerators segment develops, fabricates, and services medical and industrial particle accelerators, and proton therapy systems. This segment also offers turnkey solutions for the treatment of cancer through the use of proton beams; and a line of cyclotrons used for the production of positron emission tomography or SPECT radioisotopes, as well as a line of industrial accelerators for sterilization and ionization. The Dosimetry segment provides solutions and services that enhances efficiency and minimizes errors in radiation therapy and medical imaging quality assurance and calibration procedures. The company has strategic research and development partnership with SCK CEN (Belgian nuclear research center) to enable the production of Actinimum-225 (225Ac), a novel radioisotope for the treatment of cancer; and an agreement with University of Pennsylvania for advance research in ConformalFLASH. Ion Beam Applications SA was incorporated in 1986 and is headquartered in Louvain-la-Neuve, Belgium.

Earnings Per Share

As for profitability, IBA has a trailing twelve months EPS of €1.42.

PE Ratio

IBA has a trailing twelve months price to earnings ratio of 11.48. Meaning, the purchaser of the share is investing €11.48 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 3.68%.

Yearly Top and Bottom Value

IBA’s stock is valued at €16.26 at 11:40 EST, way below its 52-week high of €19.28 and way higher than its 52-week low of €11.76.

More news about IBA.

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