Global Healthcare Undervalued Small Caps

Fagron

Market Cap: €1.6b

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

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.

Embla Medical hf

Market Cap: DKK 12.6b

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

Middle East Healthcare

Market Cap: ر.س2.9b

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

Integrated Diagnostics Holdings

Market Cap: US$302.3m

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

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.

Attendo

Market Cap: SEK 15.8b

Provides health and care services in Scandinavia and Finland.

MLP Saglik Hizmetleri

Market Cap: ₺83.7b

Provides healthcare services in Turkey and internationally.

Elan

Market Cap: JP¥45.5b

Engages in the nursing care business primarily in Japan.

Interojo

Market Cap: ₩173.6b

Manufactures and sells contact lenses in South Korea and internationally.

Cogstate

Market Cap: AU$474.0m

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

GPT Healthcare

Market Cap: ₹12.6b

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

Burjeel Holdings

Market Cap: د.إ6.8b

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.

RaySearch Laboratories

Market Cap: SEK 6.4b

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

Acotec Scientific Holdings

Market Cap: HK$2.0b

Operates as an interventional medical device company that offers vascular interventional treatment products in Mainland China and internationally.

Medi Assist Healthcare Services

Market Cap: ₹25.7b

Provides third party administration services in India and internationally.

Specialized Medical

Market Cap: ر.س3.9b

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

OptimizeRx

Market Cap: US$164.2m

Operates as a digital healthcare technology company.

Tristel

Market Cap: UK£203.9m

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

CVS Group

Market Cap: UK£887.0m

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

Revenio Group Oyj

Market Cap: €378.9m

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

Chison Medical Technologies

Market Cap: CN¥3.4b

Develops, manufactures, and sells diagnostic ultrasound systems in 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.

GPI

Market Cap: €392.9m

Provides social-healthcare and information technology hi-tech services in Italy and internationally.

Zylox-Tonbridge Medical Technology

Market Cap: HK$6.6b

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

Gushengtang Holdings

Market Cap: HK$5.8b

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

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.

Yonghe Medical Group

Market Cap: HK$1.3b

Provides hair-related healthcare services in China.

Entero Healthcare Solutions

Market Cap: ₹61.0b

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

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.

CLASSYS

Market Cap: ₩2.4t

Provides medical aesthetics devices worldwide.

AK Medical Holdings

Market Cap: HK$6.4b

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.

Life Healthcare Group Holdings

Market Cap: R16.6b

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