Global Healthcare Undervalued Dividend Payers

Siemens Healthineers

Market Cap: €39.0b

Through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers in Germany, the United States, rest of Europe, CIS, Africa, the Middle East, the Americas, the Asia Pacific, Japan, and China.

Fresenius SE KGaA

Market Cap: €23.9b

A health care company, provides products and services for chronically ill patients in North America, Europe, the Asia-Pacific, Latin America, and Africa.

Koninklijke Philips

Market Cap: €23.5b

Operates as a health technology company in North America, the Greater China, and internationally.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥169.3b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Sonova Holding

Market Cap: CHF 12.1b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Smith & Nephew

Market Cap: UK£9.6b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Fresenius Medical Care

Market Cap: €11.0b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

Aier Eye Hospital Group

Market Cap: CN¥79.5b

Operates as an ophthalmic medical company in China, Hong Kong, Europe, the United States, Europe, and Southeast Asia.

Huadong Medicine

Market Cap: CN¥52.7b

Engages in the wholesale and retail of pharmaceutical products in China and internationally.

Sinopharm Group

Market Cap: HK$52.2b

Engages in the wholesale and retail of pharmaceutical and healthcare products, and medical devices in the People’s Republic of China.

Getinge

Market Cap: SEK 56.7b

Provides products and solutions for operating rooms, intensive-care units, and sterilization departments in Sweden and internationally.

Cochlear

Market Cap: AU$8.2b

Provides implantable hearing solutions for children and adults worldwide.

Shenzhen New Industries Biomedical Engineering

Market Cap: CN¥34.8b

Engages in the research, development, production, and sale of clinical laboratory instruments and in vitro diagnostic reagents to hospitals in China and internationally.

Jiangsu Yuyue Medical Equipment & Supply

Market Cap: CN¥26.6b

Jiangsu Yuyue Medical Equipment & Supply Co., Ltd.

Jointown Pharmaceutical Group

Market Cap: CN¥24.6b

Engages in pharmaceutical distribution and supply chain business in China and internationally.

MediPal Holdings

Market Cap: JP¥541.5b

Medipal Holdings Corporation engages in the prescription pharmaceutical wholesale business in Japan.

Ansell

Market Cap: AU$4.5b

Designs, sources, develops, manufactures, distributes, and sells hand and body protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America.

EBOS Group

Market Cap: NZ$4.3b

Engages in the marketing, wholesale, and distribution of healthcare, medical, pharmaceutical, and animal care products in Australia, Southeast Asia, and New Zealand.

Suzuken

Market Cap: JP¥334.8b

Primarily engages in the distribution of pharmaceuticals in Japan and internationally.

Shandong Weigao Group Medical Polymer

Market Cap: HK$14.7b

Engages in the research and development, production, wholesale, and sale of medical devices in the People’s Republic of China and internationally.

Guangzhou Kingmed Diagnostics Group

Market Cap: CN¥11.1b

Guangzhou Kingmed Diagnostics Group Co., Ltd.

Nihon Kohden

Market Cap: JP¥234.5b

Engages in research and development, production, sales, and repair and maintenance of medical electronic equipment in Japan, North America, Latin America, Europe, Asia, and internationally.

Mitra Keluarga Karyasehat

Market Cap: Rp23.9t

Owns and operates hospitals in Indonesia.

Raffles Medical Group

Market Cap: S$1.7b

Provides private healthcare services in Singapore, Greater China, Vietnam, Cambodia, and Japan.

National Medical Care

Market Cap: ر.س4.7b

Owns, establishes, equips, manages, maintains, and operates healthcare facilities in the Kingdom of Saudi Arabia.

Riverstone Holdings

Market Cap: S$1.3b

An investment holding company, engages in the manufacture and distribution of cleanroom and healthcare gloves in Malaysia, Thailand, and China.

Life Healthcare Group Holdings

Market Cap: R15.3b

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

Arjo

Market Cap: SEK 7.4b

Develops and sells medical devices and solutions for patients for clinical and financial outcomes for healthcare in Europe, Asia, Latin America, Africa, and the Pacific.

Equasens Société anonyme

Market Cap: €526.1m

Provides healthcare IT solutions in Europe.

Craneware

Market Cap: UK£366.5m

Develops, licenses, and supports computer software for the healthcare industry in the United States.

Visco Vision

Market Cap: NT$13.2b

Manufactures and sells silicone hydrogel contact lenses in Asia, Europe, and the Americas.

Tristel

Market Cap: UK£191.9m

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

Focus Point Holdings Berhad

Market Cap: RM 313.6m

An investment holding company, operates professional eye care centers in Malaysia.

Optimax Holdings Berhad

Market Cap: RM 285.2m

An investment holding company, engages in the provision of eye specialist services and related products in Malaysia.