Global Healthcare Undervalued over 20% based on DCF

KPJ Healthcare Berhad

Market Cap: RM 12.4b

An investment holding company, engages in the operation of specialist hospitals in Malaysia, Thailand, and Bangladesh.

Topchoice Medical

Market Cap: CN¥20.3b

Provides medical services in China.

CLASSYS

Market Cap: ₩3.9t

Provides medical aesthetics devices worldwide.

Alfresa Holdings

Market Cap: JP¥410.5b

Through its subsidiaries, engages in the manufacture, wholesale, marketing, and import/export of pharmaceuticals, diagnostic reagents, and medical devices/equipment in Japan and internationally.

Shanghai Conant Optical

Market Cap: HK$21.4b

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

Haemonetics

Market Cap: US$2.7b

A medical technology company, provides a suite of hospital technologies solutions in the United States and internationally.

emeis Société anonyme

Market Cap: €2.1b

Operates nursing homes, assisted-living facilities, post-acute and rehabilitation hospitals, and psychiatric hospitals.

Privia Health Group

Market Cap: US$2.4b

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

Inspire Medical Systems

Market Cap: US$2.3b

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.

Almoosa Health

Market Cap: ر.س7.9b

Operates as a private healthcare provider in Saudi Arabia.

Eyebright Medical Technology (Beijing)

Market Cap: CN¥14.9b

Eyebright Medical Technology (Beijing) Co., Ltd.

National Medical Care

Market Cap: ر.س7.7b

National Medical Care Company establishes, own, equips, manages, maintains, and operates healthcare facilities in the Kingdom of Saudi Arabia.

Addus HomeCare

Market Cap: US$2.0b

Provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States.

Nihon Kohden

Market Cap: JP¥279.8b

Engages in development, manufacturing, sale, maintenance, and consultation of medical electronic equipment, and related systems and products in Japan, Americas, Europe, rest of Asia, and internationally.

Tibet Rhodiola Pharmaceutical Holding

Market Cap: CN¥13.5b

Tibet Rhodiola Pharmaceutical Holding Co.

China National Accord Medicines

Market Cap: CN¥13.3b

China National Accord Medicines Corporation Ltd.

Diagnostyka

Market Cap: zł6.5b

Operates as a medical laboratory.

Fagron

Market Cap: €1.5b

A pharmaceutical compounding company, delivers personalized pharmaceutical care to hospitals, pharmacies, clinics, patients, and worldwide.

Vimian Group

Market Cap: SEK 16.6b

Engages in the animal health business worldwide.

Regis Healthcare

Market Cap: AU$2.6b

Engages in the provision of residential aged care services in Australia.

MLP Saglik Hizmetleri

Market Cap: ₺69.0b

Provides healthcare service in Turkey, Azerbaijan, and Hungary.

CONMED

Market Cap: US$1.7b

A medical technology company, develops, manufactures, and sells devices and equipment for surgical procedures in the United States and internationally.

Sinocare

Market Cap: CN¥11.5b

Engages in the development, manufacture, and marketing of rapid diagnosis testing products primarily in the People’s Republic of China.

UFP Technologies

Market Cap: US$1.6b

Designs and manufactures solutions for medical devices, sterile packaging, and other engineered custom products in the United States.

MeHow Innovative

Market Cap: CN¥11.3b

Designs, develops, manufactures, and sells precision medical device components and products in China and internationally.

Andlauer Healthcare Group

Market Cap: CA$2.1b

A supply chain management company, provides a platform of customized third-party logistics (3PL) and specialized transportation solutions for the healthcare sector in Canada and the United States.

Raffles Medical Group

Market Cap: S$1.9b

Provides integrated private healthcare services primarily in Singapore, Greater China, Vietnam, Cambodia, and Japan.

Genertec Universal Medical Group

Market Cap: HK$11.7b

Provides financing, advisory, and medical services in the People’s Republic of China.

National HealthCare

Market Cap: US$1.5b

Engages in the operation of services to skilled nursing facilities, assisted and independent living facilities, homecare and hospice agencies, and health hospitals.

Al Hammadi Holding

Market Cap: ر.س5.6b

A healthcare group, provides healthcare services in the Kingdom of Saudi Arabia.

Fleury

Market Cap: R$7.8b

Provides medical services in the diagnostic, treatment, clinical analysis, health management, medical care, orthopedics, and ophthalmology areas in Brazil.

Omnicell

Market Cap: US$1.4b

Provides medication management solutions and adherence tools for healthcare systems and pharmacies the United States and internationally.

Kangji Medical Holdings

Market Cap: HK$10.2b

An investment holding company, designs, develops, manufactures, and sells minimally invasive surgical instruments and accessories in Mainland China and internationally.

U.S. Physical Therapy

Market Cap: US$1.3b

Operates and manages outpatient physical therapy clinics.

Fukuda Denshi

Market Cap: JP¥185.4b

Engages in the manufacture and sale of medical instruments in Japan and internationally.

Pediatrix Medical Group

Market Cap: US$1.2b

Provides newborn, maternal-fetal, and other pediatric subspecialty care services in the United States.