Global Healthcare Undervalued over 20% based on DCF

Nakanishi

Market Cap: JP¥162.5b

Manufactures and sells dental and surgical products in Japan and internationally.

Beijing Chunlizhengda Medical Instruments

Market Cap: HK$8.5b

Beijing Chunlizhengda Medical Instruments Co., Ltd.

Jupiter Life Line Hospitals

Market Cap: ₹91.2b

A multi-specialty hospital, provides health care services under the Jupiter brand in India.

Med Life

Market Cap: RON 4.5b

A private healthcare provider, provides healthcare services through its clinics and hospitals in Bucharest, Cluj, Braila, Timisoara, Iasi, Galati, Ploiesti, Constanta, and Targu Mures, Romania.

Hartalega Holdings Berhad

Market Cap: RM 4.1b

An investment holding company, engages in the manufacture, retail, and wholesale of latex and nitrile gloves in Malaysia, North America, Europe, Asia, Australia, the Middle East, and internationally.

Netcare

Market Cap: R17.0b

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

Equasens Société anonyme

Market Cap: €756.1m

Provides healthcare IT solutions in Europe.

HangzhouS MedTech

Market Cap: CN¥6.3b

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

PHC Holdings

Market Cap: JP¥124.5b

Through its subsidiaries, provides medical devices, healthcare IT solutions, and life science products and services primarily in Japan.

Allmed Medical ProductsLtd

Market Cap: CN¥6.0b

Engages in the manufacture and sale of wound care and nursing material products in China.

Pegavision

Market Cap: NT$24.8b

Manufactures and sells medical devices, and optical and precision instruments in Taiwan.

Zhende Medical

Market Cap: CN¥5.9b

Engages in the research and development, production, and sale of medical care and protective equipment in China.

Riverstone Holdings

Market Cap: S$1.0b

An investment holding company, engages in the manufacture and distribution of cleanroom and healthcare gloves in Malaysia, Thailand, and China.

Nanosonics

Market Cap: AU$1.2b

Operates as an infection prevention company globally.

Yatharth Hospital & Trauma Care Services

Market Cap: ₹68.0b

Owns and operates super-specialty hospitals in Delhi and Madhya Pradesh.

Revenio Group Oyj

Market Cap: €646.5m

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

Peijia Medical

Market Cap: HK$5.7b

Engages in the research, development, manufacturing, and sales of transcatheter valve therapeutic and neurointerventional procedural medical devices in the People’s Republic of China.

Embecta

Market Cap: US$718.2m

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.

Kossan Rubber Industries Bhd

Market Cap: RM 3.0b

An investment holding company, manufactures and sells latex disposable gloves in Malaysia and internationally.

Japan Lifeline

Market Cap: JP¥100.5b

A medical device company, engages in manufacturing and sale of medical device in Japan.

Shanghai INT Medical Instruments

Market Cap: HK$5.0b

Engages in the research and development, manufacture, and sale of cardiovascular interventional medical devices in Mainland China, Europe, the United States, and internationally.

Advanced Medical Solutions Group

Market Cap: UK£456.8m

Develops, manufactures, and distributes products for the surgical, woundcare, and wound-closure markets in the United Kingdom, Germany, rest of Europe, the United States, and internationally.

Performant Healthcare

Market Cap: US$602.0m

Provides audit, recovery, and analytics services in the United States.

Vitalhub

Market Cap: CA$793.3m

Provides technology and software solutions for health and human service providers in Canada, the United States, the United Kingdom, Australia, Western Asia, and internationally.

Definitive Healthcare

Market Cap: US$550.0m

Provides software as a service (SaaS) healthcare commercial intelligence platform in the United States and internationally.

OrbusNeich Medical Group Holdings

Market Cap: HK$4.2b

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.

Voxel

Market Cap: zł1.9b

Operates a network of diagnostic imaging laboratories in Poland.

TOKAI

Market Cap: JP¥75.7b

Provides various healthy life services in Japan.

Orthofix Medical

Market Cap: US$494.1m

Operates as a medical technology company in the United States, Italy, Germany, the United Kingdom, France, Brazil, and internationally.

Garofalo Health Care

Market Cap: €423.8m

Operates healthcare clinics in Italy.

Synektik Spólka Akcyjna

Market Cap: zł1.8b

Provides products, services, and IT solutions for surgery, diagnostic imaging, and nuclear medicine applications in Poland.

Shofu

Market Cap: JP¥69.6b

Manufactures and sells dental materials and equipment worldwide.

Sikarin

Market Cap: ฿14.6b

Operates hospitals in Thailand.

Kitazato

Market Cap: JP¥62.6b

Researches, develops, manufactures, and markets medical devices and related products for fertility treatment.

TaiDoc Technology

Market Cap: NT$12.5b

Manufactures and markets medical devices in Taiwan and internationally.

Visco Vision

Market Cap: NT$12.4b

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