Global Healthcare Undervalued based on future growth

Centene

Market Cap: US$12.7b

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

Molina Healthcare

Market Cap: US$8.7b

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

Acadia Healthcare Company

Market Cap: US$2.1b

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

MLP Saglik Hizmetleri

Market Cap: ₺73.2b

Provides healthcare service in Turkey, Azerbaijan, and Hungary.

PACS Group

Market Cap: US$1.7b

Through its subsidiaries, operates skilled nursing facilities and assisted living facilities in the United States.

Ardent Health

Market Cap: US$1.5b

Owns and operates a network of hospitals and clinics that provides a range of healthcare services in the United States.

Shinva Medical InstrumentLtd

Market Cap: CN¥10.1b

Provides medical devices, pharmaceutical equipment, medical services, and medical trade in the People’s Republic of China.

Netcare

Market Cap: R16.8b

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

Embecta

Market Cap: US$610.7m

A medical device company, focuses on the provision of various solutions to enhance the health and wellbeing of people living with diabetes in the United States and internationally.

OrbusNeich Medical Group Holdings

Market Cap: HK$4.3b

An investment holding company, engages in the manufacturing, trading, sales, and marketing of medical devices/instruments for the treatment of coronary and peripheral vascular diseases in Japan, Europe, the Middle East, Africa, the Asia Pacific, the People’s Republic of China, and the United States.

Auna

Market Cap: US$454.2m

A healthcare service provider, operates hospitals and clinics in Mexico, Peru, and Colombia.

Chongqing Xishan Science & Technology

Market Cap: CN¥3.1b

Chongqing Xishan Science & Technology Co., Ltd.

Dentium

Market Cap: ₩556.2b

Manufactures and sells dental medical instrument worldwide.

Medios

Market Cap: €327.5m

Supplies specialty pharmaceutical drugs primarily in Germany.

Sisram Medical

Market Cap: HK$2.9b

Engages in the research, design, development, manufacture, sale, and marketing of medical aesthetics and dental equipment, home use devices, injectables, and cosmeceuticals products in the Asia Pacific, Europe, North America, Latin America, the Middle East, and Africa.

Visco Vision

Market Cap: NT$10.6b

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

T&L

Market Cap: ₩492.4b

Engages in the manufacture and sale of medical and polymer material products in South Korea.

Amvis Holdings

Market Cap: JP¥51.0b

Provides nursing home, home nursing care, home care, in-home care support, and disability welfare services in Japan.

Guerbet

Market Cap: €264.7m

Engages in the development and marketing of contrast media products, delivery systems, medical devices, and related solutions.

M1 Kliniken

Market Cap: €259.4m

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

Oceania Healthcare

Market Cap: NZ$499.7m

Owns and operates retirement villages and care centres in New Zealand.

CHC Healthcare Group

Market Cap: NT$7.9b

Engages in trading of pharmaceutical products and health food in Taiwan, China, and internationally.

Chaoju Eye Care Holdings

Market Cap: HK$2.1b

Owns and operates a network of ophthalmic hospitals and optical centers in China.

Bastide Le Confort Médical

Market Cap: €223.1m

Engages in the sale and rental of medical equipment for individuals and health professionals in France and internationally.

Value Added Technology

Market Cap: ₩351.3b

Manufactures and sells dental medical X-ray devices in Korea, Asia, Australia, Europe, North and South America, and the Middle East.

Cleopatra Hospitals GroupE

Market Cap: ج.م11.9b

Operates hospitals in Egypt.

Viemed Healthcare

Market Cap: US$244.3m

Through its subsidiaries, provides home medical equipment (HME) and post-acute respiratory healthcare services in the United States.

Tactile Systems Technology

Market Cap: US$236.0m

A medical technology company, develops and provides medical devices to treat underserved chronic diseases in the United States.

InBodyLtd

Market Cap: ₩301.5b

Provides body composition analysis solutions worldwide.

Ibnsina Pharma

Market Cap: ج.م10.1b

Operates as a pharmaceutical distributor in Egypt.

Integrated Diagnostics Holdings

Market Cap: US$206.4m

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

Humana

Market Cap: SEK 1.9b

Provides individual and family care services for children and adults in Sweden, Finland, Norway, and Denmark.

Vieworks

Market Cap: ₩187.5b

Develops, manufactures, and sells imaging systems and solutions.

Scope Fluidics

Market Cap: zł428.0m

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

Austco Healthcare

Market Cap: AU$134.8m

Operates as provider of healthcare communication solutions in Australia, New Zealand, Asia, Europe, and North America.

Careium

Market Cap: SEK 720.1m

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