German Healthcare Potentially Undervalued Companies

Summerset Group Holdings

Market Cap: €2.6b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.

Universal Health Services

Market Cap: €11.5b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

M1 Kliniken

Market Cap: €252.0m

Provides aesthetic medicine and plastic surgery services in Germany, Austria, the Netherlands, Switzerland, the United Kingdom, Croatia, Hungary, Bulgaria, Romania, and Australia.

Shandong Weigao Group Medical Polymer

Market Cap: €26.8b

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

Top Glove Corporation Bhd

Market Cap: €7.8b

An investment holding company, manufactures, trades in, and sells gloves in Malaysia, Thailand, the People’s Republic of China, and internationally.

M1 Kliniken

Market Cap: €252.0m

Provides aesthetic medicine and plastic surgery services in Germany, Austria, the Netherlands, Switzerland, the United Kingdom, Croatia, Hungary, Bulgaria, Romania, and Australia.

Cigna Group

Market Cap: €79.8b

Provides insurance and related products and services in the United States.

Monash IVF Group

Market Cap: €274.7m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

TruBridge

Market Cap: €290.2m

Provides healthcare solutions and services for community hospitals, clinics, and other healthcare systems in the United States and internationally.

Evolent Health

Market Cap: €1.1b

Through its subsidiary, provides specialty care management services in oncology, cardiology, and musculoskeletal markets in the United States.

Attendo

Market Cap: €9.8b

Provides health and care services in Scandinavia and Finland.

Enovis

Market Cap: €1.7b

Operates as a medical technology company focus on developing clinically differentiated solutions in the United States and internationally.

Sinopharm Group

Market Cap: €58.3b

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

Enhabit

Market Cap: €401.5m

Provides home health and hospice services in the United States.

Agfa-Gevaert

Market Cap: €165.7m

Develops, manufactures, and markets various analog and digital systems worldwide.

MEDICLIN

Market Cap: €147.3m

Operates hospitals in Germany.

Integra LifeSciences Holdings

Market Cap: €1.2b

Manufactures and sells surgical instrument, neurosurgical, ear, nose, throat, and wound care products for use in neurosurgery, neurocritical care, and otolaryngology.

Bausch + Lomb

Market Cap: €5.1b

Operates as an eye health company in the United States, Puerto Rico, China, France, Japan, Germany, the United Kingdom, Canada, Russia, Spain, Italy, Mexico, Poland, and internationally.

Owens & Minor

Market Cap: €383.1m

Operates as a healthcare solutions company worldwide.

Mentice

Market Cap: €351.6m

Develops, sells, and markets solutions for training and decision support in the clinical area of interventional angiography in cardiology, neurology, vascular surgery, and radiology.

Japan Lifeline

Market Cap: €101.6b

A medical device company, engages in manufacturing and sale of medical device in Japan.

GE HealthCare Technologies

Market Cap: €33.7b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Align Technology

Market Cap: €10.3b

Designs, manufactures, and markets Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

Sensus Healthcare

Market Cap: €54.3m

Operates as a medical device company that manufactures and sells radiation therapy devices to healthcare providers worldwide.

Pediatrix Medical Group

Market Cap: €1.5b

Provides newborn, maternal-fetal, and other pediatric subspecialty care services in the United States.

Baxter International

Market Cap: €12.5b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

Ship Healthcare Holdings

Market Cap: €208.2b

Engages in the medical, healthcare, welfare, and nursing care businesses in Japan and internationally.

Boule Diagnostics

Market Cap: €242.3m

Develops, manufactures, and markets instruments and consumable products for blood diagnostics in the United States of America, Asia, Eastern Europe, Latin America, Western Europe, Africa, and the Middle East.

Ramsay Health Care

Market Cap: €7.8b

Owns and operates hospitals in Australia, and internationally.

Sinopharm Group

Market Cap: €58.3b

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

Terveystalo Oyj

Market Cap: €1.3b

Provides occupational healthcare services in Finland, Sweden, and Estonia.

Tandem Diabetes Care

Market Cap: €796.6m

Designs, develops, and commercializes technology solutions for people living with diabetes in the United States and internationally.

Integrated Diagnostics Holdings

Market Cap: €283.1m

Operates as a consumer healthcare company that provides medical diagnostics services to patients.

Ramsay Health Care

Market Cap: €7.8b

Owns and operates hospitals in Australia, and internationally.

GE HealthCare Technologies

Market Cap: €33.7b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Cegedim

Market Cap: €146.1m

Operates as a technology and services company in the field of digital data flow management for healthcare ecosystem and B2B in France, rest of Europe, and internationally.