German Healthcare Potentially Undervalued Companies

Terveystalo Oyj

Market Cap: €1.3b

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

Cambridge Cognition Holdings

Market Cap: €13.6m

Develops and markets digital solutions for the assessment of brain health in the United States, United Kingdom, the European Union, and internationally.

Haemonetics

Market Cap: €2.6b

A medical technology company, provides a suite of hospital technologies solutions in the United States and internationally.

Netcare

Market Cap: €17.0b

An investment holding company, operates private hospitals in South Africa.

Scope Fluidics

Market Cap: €429.6m

A biotechnology company, designs and develops projects based on microfluidic technologies in medical diagnostics and healthcare in Poland.

Teladoc Health

Market Cap: €1.4b

Provides virtual healthcare services worldwide.

Demant

Market Cap: €52.0b

Operates as a hearing healthcare company in Europe, North America, Asia, Pacific region, and internationally.

Fresenius Medical Care

Market Cap: €12.8b

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

NovoCure

Market Cap: €1.3b

An oncology company, engages in the development, manufacture, and commercialization of tumor treating fields (TTFields) devices for the treatment of solid tumor cancers in the United States, Germany, France, Japan, Greater China, and internationally.

LivaNova

Market Cap: €3.0b

A medical technology company, designs, develops, manufactures, markets, and sells products and therapies for neurological and cardiac conditions worldwide.

Fagron

Market Cap: €1.5b

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

ICU Medical

Market Cap: €3.1b

Develops, manufactures, and sells medical devices used in infusion therapy, vascular access, and vital care applications worldwide.

PHC Holdings

Market Cap: €124.9b

Through its subsidiaries, provides medical devices, healthcare IT solutions, and life science products and services primarily in Japan.

Fresenius Medical Care

Market Cap: €12.8b

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

Healius

Market Cap: €624.5m

Provides specialty diagnostic services to consumer and practitioners in Australia.

Surgery Partners

Market Cap: €2.9b

Owns and operates a network of surgical facilities and ancillary services in the United States.

Accuray

Market Cap: €175.8m

Designs, develops, manufactures, and sells radiosurgery and radiation therapy systems for the treatment of tumors in the United States, Canada, Latin America, Asia, Australia, New Zealand, Europe, the Middle East, India, Africa, Japan, and China.

LNA Santé

Market Cap: €309.8m

Engages in the management and operation of health establishments for dependent elderly people.

Brookdale Senior Living

Market Cap: €1.8b

Owns, manages, and operates senior living communities in the United States.

Equasens Société anonyme

Market Cap: €687.7m

Provides healthcare IT solutions in Europe.

Kangji Medical Holdings

Market Cap: €10.5b

An investment holding company, designs, develops, manufactures, and sells minimally invasive surgical instruments and accessories in Mainland China and internationally.

Shanghai Pharmaceuticals Holding

Market Cap: €62.5b

Shanghai Pharmaceuticals Holding Co., Ltd.

Siemens Healthineers

Market Cap: €52.7b

Through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide.

QuidelOrtho

Market Cap: €1.9b

Provides diagnostic testing solutions.

Inogen

Market Cap: €215.2m

A medical technology company, develops, manufactures, and markets respiratory health products in the United States and internationally.

OrbusNeich Medical Group Holdings

Market Cap: €3.9b

An investment holding company, engages in the manufacture, trading, sale, and marketing of medical devices/instruments for the treatment of coronary and peripheral vascular diseases.

Demant

Market Cap: €52.0b

Operates as a hearing healthcare company in Europe, North America, Asia, Pacific region, and internationally.

Clariane

Market Cap: €1.5b

Provides care home, healthcare facilities and services, and shared living solutions in France, Germany, Benelux, Italy, Spain, and the United Kingdom.

Fresenius Medical Care

Market Cap: €12.8b

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

Varex Imaging

Market Cap: €476.2m

Designs, manufactures, and sells X-ray imaging components.

Orthofix Medical

Market Cap: €582.1m

Operates as a medical technology company in the United States, Italy, Germany, the United Kingdom, France, Brazil, and internationally.

Xtant Medical Holdings

Market Cap: €82.1m

Provides regenerative medicine products and medical devices for orthopedic and neurological surgeons in the United States and internationally.

Siemens Healthineers

Market Cap: €52.7b

Through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide.

CONMED

Market Cap: €1.7b

A medical technology company, develops, manufactures, and sells devices and equipment for surgical procedures in the United States and internationally.

DaVita

Market Cap: €9.7b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

Tenet Healthcare

Market Cap: €16.3b

Operates as a diversified healthcare services company in the United States.