Global Healthcare Undervalued Small Caps

Fagron

Market Cap: €1.7b

A pharmaceutical compounding company, delivers personalized pharmaceutical care to hospitals, pharmacies, clinics, patients, and worldwide.

Embla Medical hf

Market Cap: DKK 12.7b

Provides non-invasive orthopedic products in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

C-Rad

Market Cap: SEK 1.2b

Develops, manufactures, and sells products and systems with applications in radiotherapy for the treatment of cancer in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Middle East Healthcare

Market Cap: ر.س2.8b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Kingdom of Saudi Arabia and internationally.

Beijing Chunlizhengda Medical Instruments

Market Cap: HK$5.9b

Engages in the research, development, production, and sale of surgical implants, instruments, and related products in the People’s Republic of China and internationally.

Integrated Diagnostics Holdings

Market Cap: US$311.0m

A consumer healthcare company, provides medical diagnostics services to patients.

Attendo

Market Cap: SEK 15.5b

Provides health and care services in Scandinavia and Finland.

CLASSYS

Market Cap: ₩2.4t

Provides medical aesthetics devices worldwide.

Elan

Market Cap: JP¥45.4b

Engages in the nursing care business primarily in Japan.

GPT Healthcare

Market Cap: ₹12.8b

Owns and operates a chain of hospitals under the ILS Hospitals brand name in India.

MLP Saglik Hizmetleri

Market Cap: ₺83.7b

Provides healthcare services in Turkey and internationally.

Interojo

Market Cap: ₩173.6b

Manufactures and sells contact lenses in South Korea and internationally.

Burjeel Holdings

Market Cap: د.إ6.7b

Owns and operates multi-specialty hospitals and medical centers in the United Arab Emirates, the Sultanate of Oman, and the Kingdom of Saudi Arabia.

Viemed Healthcare

Market Cap: US$350.4m

Through its subsidiaries, provides home medical equipment (HME) and post-acute respiratory healthcare services in the United States.

Specialized Medical

Market Cap: ر.س3.9b

Owns and operates hospitals, clinics, and medical centers in the Kingdom of Saudi Arabia.

Chison Medical Technologies

Market Cap: CN¥3.4b

Develops, manufactures, and sells diagnostic ultrasound systems in China and internationally.

OptimizeRx

Market Cap: US$164.2m

Operates as a digital healthcare technology company.

CVS Group

Market Cap: UK£894.5m

Engages in veterinary, online pharmacy, and retail businesses in the United Kingdom and Australia.

Revenio Group Oyj

Market Cap: €382.6m

Provides ophthalmological devices and software solutions for the diagnosis of glaucoma, macular degeneration, and diabetic retinopathy in Finland, the United States, and internationally.

Tristel

Market Cap: UK£201.5m

Develops, manufactures, and sells infection prevention products in the United Kingdom, Australia, Germany, Western Europe, and internationally.

Gushengtang Holdings

Market Cap: HK$5.7b

An investment holding company, provides healthcare services in the People’s Republic of China and Singapore.

Zylox-Tonbridge Medical Technology

Market Cap: HK$6.4b

A medical device company, provides neuro- and peripheral-vascular interventional medical devices in the People’s Republic of China and internationally.

CareCloud

Market Cap: US$110.1m

A healthcare information technology company, provides technology-enabled business solutions, Software-as-a-Service offerings, and related business services to healthcare providers and hospitals primarily in the United States.

Entero Healthcare Solutions

Market Cap: ₹61.7b

Engages in the trading of pharmaceutical and surgical products in India.

Kanamic NetworkLTD

Market Cap: JP¥25.5b

Operates as an application and communication service provider in the elderly care and medical care fields in Japan.

Yonghe Medical Group

Market Cap: HK$1.3b

Provides hair-related healthcare services in China.

Tactile Systems Technology

Market Cap: US$548.2m

A medical technology company, develops and provides medical devices to treat underserved chronic diseases in the United States.

Hydreight Technologies

Market Cap: CA$208.8m

Operates in the digital health technology sector in the United States.

Cogstate

Market Cap: AU$475.7m

A neuroscience solutions company, engages in the creation, validation, and commercialization of digital brain health assessments worldwide.

AK Medical Holdings

Market Cap: HK$6.3b

An investment holding company, designs, develops, produces, and markets orthopedic joint implants and related products in the People’s Republic of China, the United Kingdom, and internationally.

UltraGreen.ai

Market Cap: US$1.4b

Manufactures and sells Indocyanine Green (ICG) pharmaceutical products in the United States and internationally.

Vitalhub

Market Cap: CA$500.4m

Provides technology and software solutions for health and human service providers in Canada, the United States, the United Kingdom, Australia, Western Asia, and internationally.

RaySearch Laboratories

Market Cap: SEK 6.7b

A medical technology company, provides software solutions for cancer treatment worldwide.

Life Healthcare Group Holdings

Market Cap: R16.5b

An investment holding company, operates as a private healthcare company in Southern Africa.

SWS Hemodialysis Care

Market Cap: CN¥5.0b

Research, develops, produces, and sells blood purification equipment and consumables in China and internationally.

InfuSystem Holdings

Market Cap: US$244.4m

Through its subsidiaries, provides infusion pumps and related products and services in the United States and Canada.