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ICARES Medicus (ROCO:6612) Growth Rank : 8 (As of Jun. 05, 2024)


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What is ICARES Medicus Growth Rank?

ICARES Medicus has the Growth Rank of 8.

GuruFocus Growth Rank measures the growth of a company in terms of its revenue and profitability. Historically, the companies with the highest growth ranks performed the best over the long term. It is calculated using the following criteria:

1. 5-year revenue growth rate, the higher, the better.
2. 3-year revenue growth rate, the higher, the better.
3. 5-year EBITDA growth rate, the higher, the better.
4. The predictability of 5-year revenue. The most consistent it is, the higher the rank.

GuruFocus found that the Growth Rank is the second of the two most-sensitive parameters among the five parameters checked. Please click GF Score to see more details on GF Score's 5 Key Aspects of Analysis.

Please note that we are using the five-year EBITDA growth rate as a parameter, so the company needs to have had positive growth over that time. The reason we use EBITDA instead of earnings per share is that with EBITDA, we can rank a lot more companies since a company may have positive EBITDA but negative EPS. Since we are looking at the growth here, EBITDA gives us a pretty clear picture about the growth in the company's business operations.


Competitive Comparison of ICARES Medicus's Growth Rank

For the Medical Instruments & Supplies subindustry, ICARES Medicus's Growth Rank, along with its competitors' market caps and Growth Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ICARES Medicus's Growth Rank Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ICARES Medicus's Growth Rank distribution charts can be found below:

* The bar in red indicates where ICARES Medicus's Growth Rank falls into.



ICARES Medicus Growth Rank Related Terms

Thank you for viewing the detailed overview of ICARES Medicus's Growth Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


ICARES Medicus (ROCO:6612) Business Description

Traded in Other Exchanges
N/A
Address
Number 16, Sec.2, Sheng Yi Road, 4th Floor, Hsinchu County, Zhubei, TWN, 30261
ICARES Medicus Inc is engaged in providing high-grade nanomedical lubricious coatings and various surface treatments for implantable or interventional medical devices and designing, development, manufacturing and sale of intraocular lenses and nanomedical devices. Its products include Artificial Lens.

ICARES Medicus (ROCO:6612) Headlines

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