Italian Healthcare Potentially Undervalued Companies

DENTSPLY SIRONA

Market Cap: €2.1b

Develops, manufactures, and markets dental equipment supported by cloud-enabled solutions, dental products, and healthcare consumable products in urology and enterology worldwide.

DaVita

Market Cap: €8.5b

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

Elevance Health

Market Cap: €71.5b

Operates as a health benefits company in the United States.

Siemens Healthineers

Market Cap: €46.9b

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

Tenet Healthcare

Market Cap: €16.9b

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

UnitedHealth Group

Market Cap: €289.8b

Operates as a health care company in the United States and internationally.

Molina Healthcare

Market Cap: €7.3b

Provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces.

Universal Health Services

Market Cap: €14.5b

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

Baxter International

Market Cap: €9.4b

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

Humana

Market Cap: €27.3b

Provides medical and specialty insurance products in the United States.

Centene

Market Cap: €17.9b

Operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, and commercial organizations in the United States.

DiaSorin

Market Cap: €3.3b

Engages in research and development, manufacture, and distribution of immunodiagnostics and molecular diagnostics testing kits in Europe, North America, and internationally.

GE HealthCare Technologies

Market Cap: €34.8b

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: €10.2b

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

Teleflex

Market Cap: €4.9b

Designs, develops, manufactures, and supplies single-use medical devices for common diagnostic and therapeutic procedures in critical care and surgical applications worldwide.

Fresenius Medical Care

Market Cap: €11.9b

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

Acadia Healthcare Company

Market Cap: €1.4b

Provides behavioral healthcare services in the United States and Puerto Rico.

Sonova Holding

Market Cap: €11.7b

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.

Cigna Group

Market Cap: €74.3b

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

Svas Biosana

Market Cap: €44.3m

SVAS Biosana S.p.A. engages in the production and marketing of medical devices worldwide.

Solventum

Market Cap: €14.4b

A healthcare company, develops, manufactures, and commercializes a portfolio of solutions to address critical customer and patient needs in the United States and internationally.

CVS Health

Market Cap: €99.1b

Provides health solutions in the United States.

Zimmer Biomet Holdings

Market Cap: €18.3b

Operates as a medical technology company worldwide.

iVision Tech

Market Cap: €16.2m

Designs and produces eyeglasses, optical frames, and sunglasses in Italy.

DexCom

Market Cap: €23.5b

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems in the United States and internationally.

Lantheus Holdings

Market Cap: €3.7b

Develops, manufactures, and commercializes diagnostic and therapeutic products that assist clinicians in diagnosis and treatment of heart, cancer, and other diseases worldwide.

Medtronic

Market Cap: €129.8b

Develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally.

Amplifon

Market Cap: €3.0b

Engages in the distribution of hearing solutions and the fitting of customized products that helps people to rediscover various emotions of sound in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Carl Zeiss Meditec

Market Cap: €3.9b

Operates as a medical technology company in Germany, rest of Europe, North America, and Asia.

Alcon

Market Cap: €30.2b

Researches, develops, manufactures, distributes, and sells eye care products worldwide.

HCA Healthcare

Market Cap: €112.0b

Through its subsidiaries, owns and operates hospitals and related healthcare entities in the United States.

GVS

Market Cap: €745.7m

Produces and sells filter solutions for applications in the healthcare and life sciences, energy and mobility, and health and safety sectors in Italy and internationally.

McKesson

Market Cap: €106.9b

Provides healthcare services in the United States and internationally.

Masimo

Market Cap: €8.0b

Develops, manufactures, and markets various patient monitoring technologies, and automation and connectivity solutions worldwide.

Option Care Health

Market Cap: €4.7b

Offers home and alternate site infusion services in the United States.

ResMed

Market Cap: €36.6b

Develops, manufactures, distributes, and markets medical devices and cloud-based software applications to diagnose, treat, and manage respiratory disorders in the United States and internationally.