Global Healthcare Undervalued Stocks Based On Cash Flows

Glaukos

Market Cap: US$4.7b

An ophthalmic pharmaceutical and medical technology company, develops therapies for the treatment of glaucoma, corneal disorders, and retinal diseases in the United States and internationally.

GPT Healthcare

Market Cap: ₹12.5b

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

PolyNovo

Market Cap: AU$1.1b

Designs, manufactures, and sells biodegradable medical devices in Australia, New Zealand, the United States, the United Kingdom, Ireland, Singapore, India, and Hong Kong.

Vitalhub

Market Cap: CA$695.6m

Provides technology and software solutions for health and human service providers in Canada, the United States, the United Kingdom, Australia, Western Asia, and internationally.

Almoosa Health

Market Cap: ر.س7.3b

Operates as a private healthcare provider in Saudi Arabia.

CleanSpace Holdings

Market Cap: AU$59.5m

Engages in the design, manufacture, and sale of respiratory protection products and services for healthcare and industrial markets worldwide.

Demant

Market Cap: DKK 50.4b

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

H.U. Group Holdings

Market Cap: JP¥200.8b

Operates healthcare business in Japan, the United States, Europe, and internationally.

Stille

Market Cap: SEK 2.0b

Develops, manufactures, and distributes medtech products in Sweden and internationally.

YSB

Market Cap: HK$6.3b

Develops digital pharmaceutical platform for pharmaceutical companies, distributors, vendors, pharmacies, and primary healthcare institutions in China.

DuChemBIOLtd

Market Cap: ₩286.0b

Engages in the development, production, and sale of radiopharmaceutical products for cancer diagnosis and treatment in South Korea.

Privia Health Group

Market Cap: US$2.7b

Operates as a national physician-enablement company in the United States.

Inspire Medical Systems

Market Cap: US$2.4b

A medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally.

Stratec

Market Cap: €335.5m

Provides automation solutions for in-vitro diagnostics and life science companies in Germany, the European Union, and internationally.

Careium

Market Cap: SEK 566.8m

Provides technology-enabled care services in Sweden, Norway, the United Kingdom, the Netherlands, Germany, France, and Spain.

Visco Vision

Market Cap: NT$11.9b

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

Shanghai Conant Optical

Market Cap: HK$21.7b

Manufactures and sells resin spectacle lenses in Mainland China, the Americas, Asia, Europe, Oceania, and Africa.

GeneDx Holdings

Market Cap: US$3.5b

A genomics company, provides genetic testing services.

CellaVision

Market Cap: SEK 4.2b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

CLASSYS

Market Cap: ₩3.6t

Provides medical aesthetics devices worldwide.

Nexstim

Market Cap: €91.2m

A medical technology company, engages in the development of non-invasive brain stimulation technologies in Finland, rest of Europe, North America, and internationally.

Wellness Communications

Market Cap: JP¥18.8b

Provides healthcare data platform and solutions.

Medley

Market Cap: JP¥80.1b

Operates platforms for recruitment and medical businesses in Japan and the United States.

Revenio Group Oyj

Market Cap: €625.2m

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

Apex Biotechnology

Market Cap: NT$3.1b

Researches, develops, manufactures, and sells home care medical devices by using biosensor technology worldwide.

Medhelp Care Aktiebolag

Market Cap: SEK 200.9m

A software-as-a-service company, operates a health platform for data-driven corporate health and supports in Sweden and Denmark.

DexCom

Market Cap: US$30.0b

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

Carasent

Market Cap: SEK 1.9b

Provides cloud based electronic health record (EHR) systems solutions and platform services for healthcare sector in Nordics and Germany.

NIOX Group

Market Cap: UK£302.5m

Engages in the design, development, and commercialization of medical devices for asthma diagnosis, monitoring, and management worldwide.

SyntheticMR

Market Cap: SEK 1.2b

Engages in the development and marketing of imaging and software solutions for magnetic resonance imaging (MRI) in Sweden and internationally.

Diagnostyka

Market Cap: zł7.2b

Operates as a medical laboratory.

Krsnaa Diagnostics

Market Cap: ₹27.6b

Provides diagnostic services in India.

Yonghe Medical Group

Market Cap: HK$1.3b

Provides hair-related healthcare services in China.

Coloplast

Market Cap: DKK 132.3b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

ASTERASYSLtd

Market Cap: ₩454.5b

Manufactures and sells medical equipment for hospitals and skin care devices for beauty care clinics and salons in South Korea, Europe, Asia, the Middle East, Africa, North America, South America, Australia, and New Zealand.

Eyebright Medical Technology (Beijing)

Market Cap: CN¥14.8b

Eyebright Medical Technology (Beijing) Co., Ltd.