Global Healthcare Undervalued Stocks Based On Cash Flows

Artemis Medicare Services

Market Cap: ₹35.5b

Engages in the management and operation of multi specialty hospitals in India and internationally.

Hims & Hers Health

Market Cap: US$12.0b

Operates a telehealth platform that connects consumers to licensed healthcare professionals in the United States, the United Kingdom, and internationally.

TransMedics Group

Market Cap: US$4.1b

A commercial-stage medical technology company, engages in transforming organ transplant therapy for end-stage organ failure patients in the United States and internationally.

Surgical Science Sweden

Market Cap: SEK 7.3b

Develops and markets virtual reality simulators for evidence-based medical training in Europe, North and South America, Asia, and internationally.

Boditech Med

Market Cap: ₩355.8b

Offers instruments and diagnostic reagents in South Korea and internationally.

APT Medical

Market Cap: CN¥39.4b

Engages in the research, development, manufacturing, and supply of electrophysiology and vascular interventional medical devices in China.

Ion Beam Applications

Market Cap: €341.4m

Designs, produces, and markets solutions for cancer diagnosis and treatments in Belgium, the United States, and internationally.

Privia Health Group

Market Cap: US$2.9b

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

StemCell Institute

Market Cap: JP¥12.2b

Engages in the stem cell banking business in Japan.

HealthEquity

Market Cap: US$8.6b

Provides technology-enabled services platforms to consumers and employers in the United States.

Bactiguard Holding

Market Cap: SEK 1.2b

A medTech company, provides infection prevention technology and solutions in orthopedics, cardiology, neurology, urology, and vascular access areas in the United States, Sweden, Malaysia, India, Bangladesh, Indonesia, the Kingdom of Saudi Arabia, and internationally.

Carl Zeiss Meditec

Market Cap: €5.2b

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

Ryman Healthcare

Market Cap: NZ$2.5b

Develops, owns, and operates integrated retirement villages, rest homes, and hospitals for the elderly people in New Zealand and Australia.

Integral Diagnostics

Market Cap: AU$897.0m

A healthcare services company, engages in the provision of diagnostic imaging services to general practitioners, medical specialists, and allied health professionals and their patients in Australia and New Zealand.

Stille

Market Cap: SEK 1.9b

Develops, manufactures, and distributes medical technology products in Sweden and internationally.

HangzhouS MedTech

Market Cap: CN¥5.2b

Engages in the research, development, production, sale, and service of endoscopic surgery equipment and accessories in China.

Carasent

Market Cap: SEK 1.8b

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

DuChemBIOLtd

Market Cap: ₩288.8b

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

MLP Saglik Hizmetleri

Market Cap: ₺65.4b

Provides healthcare service in Turkey, Azerbaijan, and Hungary.

Sonova Holding

Market Cap: CHF 16.0b

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.

NIOX Group

Market Cap: UK£261.7m

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

Top Glove Corporation Bhd

Market Cap: RM 6.5b

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

MeHow Innovative

Market Cap: CN¥9.7b

Mehow Innovative Ltd. engages in the design, development, manufacturing, and sale of precision medical device components and products in China and internationally.

Inspire Medical Systems

Market Cap: US$4.3b

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.

CLASSYS

Market Cap: ₩3.9t

Provides medical aesthetics devices worldwide.

Xvivo Perfusion

Market Cap: SEK 9.5b

A medical technology company, develops and markets machines and perfusion solutions for assessing usable organs and maintains in optimal condition pending transplantation in Sweden.

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.

BrainsWay

Market Cap: ₪719.8m

Develops and sells noninvasive neurostimulation treatments for mental health disorders in the United States, East Asia, and internationally.

Nanosonics

Market Cap: AU$1.4b

Operates as an infection prevention company globally.

Qingdao Baheal Medical

Market Cap: CN¥9.6b

Engages in research and development, production, and sale of pharmaceutical products.

CVS Group

Market Cap: UK£893.9m

Engages in veterinary, pet crematoria, online pharmacy, and retail businesses.

MicroPort NeuroScientific

Market Cap: HK$5.8b

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

PolyNovo

Market Cap: AU$901.6m

Designs, manufactures, and sells biodegradable medical devices in the United States, Australia, New Zealand, and internationally.

BMC Medical

Market Cap: CN¥7.9b

Researches, develops, manufactures, and supplies medical equipment and consumable in the field of respiratory health in China.

Vimian Group

Market Cap: SEK 21.0b

Engages in the animal health business worldwide.

Beijing Chunlizhengda Medical Instruments

Market Cap: HK$6.0b

Beijing Chunlizhengda Medical Instruments Co., Ltd.