Finnish Healthcare Undervalued over 20% based on DCF

Revenio Group Oyj

Market Cap: €677.1m

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

Nexstim

Market Cap: €100.6m

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

Modulight Oyj

Market Cap: €52.2m

Designs, manufactures, and markets lasers products for medical and other diagnostic applications.

Biohit Oyj

Market Cap: €47.4m

A biotechnology company, manufactures and sells bind acetaldehyde, diagnostic products, and systems for diagnostic analysis for the use of research institutions, healthcare, and industry worldwide.