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Think Research Corporation
XTSX:THNK

Watchlist Manager
Think Research Corporation
XTSX:THNK
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Price: 0.315 CAD
Market Cap: CA$24.8m

ROE

-49.3%
Current
Improving
by 4%
vs 3-y average of -53.3%

Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.

ROE
-49.3%
=
Net Income
CA$-15.3m
/
Avg Total Equity
CA$31.1m

Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.

ROE
-49.3%
=
Net Income
CA$-15.3m
/
Avg Total Equity
CA$31.1m

Peer Comparison

Country Company Market Cap ROE
CA
Think Research Corporation
XTSX:THNK
24.7m CAD
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US
Cerner Corp
LSE:0R00
31.3B USD
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US
Veeva Systems Inc
NYSE:VEEV
30.3B USD
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AU
Pro Medicus Ltd
ASX:PME
12.6B AUD
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JP
M3 Inc
TSE:2413
1.1T JPY
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US
Waystar Holding Corp
NASDAQ:WAY
4.7B USD
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SE
Sectra AB
STO:SECT B
42.9B SEK
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US
Doximity Inc
NYSE:DOCS
4.6B USD
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CN
Winning Health Technology Group Co Ltd
SZSE:300253
20B CNY
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US
Vocera Communications Inc
F:V00
2.4B EUR
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IN
Inventurus Knowledge Solutions Ltd
NSE:IKS
228.1B INR
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Market Distribution

Lower than 79% of companies in Canada
Percentile
21st
Based on 4 932 companies
21st percentile
-49.3%
Low
-111 866% — -21.1%
Typical Range
-21.1% — 11.3%
High
11.3% — 3 553 600%
Distribution Statistics
Canada
Min -111 866%
30th Percentile -21.1%
Median -0.5%
70th Percentile 11.3%
Max 3 553 600%

Think Research Corporation
Glance View

Market Cap
24.8m CAD
Industry
Health Care

Think Research Corp. engages in the development of digital healthcare solutions. The company is headquartered in Toronto, Ontario. The company went IPO on 2019-07-04. The firm gathers, develops and delivers knowledge-based Software-as-a-Service (SaaS) solutions globally to customers, which includes enterprise clients, hospitals, health regions, healthcare professionals and governments. The Company’s Order Sets product enables standardization for individual clinicians in delivering patient-centered care with data-driven analytics. Its Progress Notes product provides frontline clinical teams to align its documentation with a digital note shared across all team members. The Company’s eForms product replaces outdated paper forms with a digital solution letting to capture information. Its products and services are available in over 2,800 facilities across Canada, the United States, United Kingdom, European Union and the Middle East.

THNK Intrinsic Value
Not Available
What is Return on Equity?
Return on Equity (ROE) measures how effectively a company generates profit from shareholders` equity. It shows how much net income is earned for each dollar invested by shareholders.
How is ROE calculated?

ROE is calculated by dividing the Net Income by the Avg Total Equity.

ROE
-49.3%
=
Net Income
CA$-15.3m
/
Avg Total Equity
CA$31.1m
What is Think Research Corporation's current ROE?

The current ROE for Think Research Corporation is -49.3%, which is above its 3-year median of -53.3%.

How has ROE changed over time?

Over the last 2 years, Think Research Corporation’s ROE has increased from -62.2% to -49.3%. During this period, it reached a low of -87.7% on Jun 30, 2022 and a high of -49.3% on Oct 30, 2023.

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