U.K. Healthcare Undervalued over 20% based on DCF

Smith & Nephew

Market Cap: UK£9.8b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

CVS Group

Market Cap: UK£865.0m

Engages in veterinary, online pharmacy, and retail businesses in the United Kingdom and Australia.

NIOX Group

Market Cap: UK£254.9m

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

EKF Diagnostics Holdings

Market Cap: UK£109.3m

Engages in the design, development, manufacture, and sale of diagnostic instruments, reagents, and other ancillary products in the Americas, Europe, the Middle East, Asia, Africa, and internationally.

EMV Capital

Market Cap: UK£13.6m

A venture capital firm specializing in seed, growth capital, early and mid stage investments.