Global Healthcare Undervalued over 20% based on DCF

Nonthavej Hospital

Market Cap: ฿4.0b

Operates as a hospital in Thailand.

Suzhou Basecare Medical

Market Cap: HK$930.0m

An investment holding company provides genetic testing solutions for assisted human reproduction in the People’s Republic of China and Australia.

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.

Humasis

Market Cap: ₩160.5b

Manufactures and sells pharmaceuticals and medical devices in South Korea and internationally.

INFINITT Healthcare

Market Cap: ₩158.9b

Provides imaging IT solutions worldwide.

Scope Fluidics

Market Cap: zł403.4m

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

SyntheticMR

Market Cap: SEK 1.2b

Engages in the development and marketing of imaging and software solutions for magnetic resonance imaging (MRI) in Sweden and internationally.

MedPeerInc

Market Cap: JP¥15.1b

Offers services for doctors and pharmacists in Japan.

Apex Biotechnology

Market Cap: NT$2.9b

Researches, develops, manufactures, and sells home care medical devices by using biosensor technology worldwide.

Colan Totte.Co.Ltd

Market Cap: JP¥13.6b

Develops and sells therapy devices under the Colantotte brand in Japan and internationally.

ADDvise Group

Market Cap: SEK 879.0m

Supplies medical devices, equipment, and consumables to public and private laboratories and research facilities, healthcare, and pharmaceuticals in North America, Europe, South America, Sweden, and internationally.

Techno Medica

Market Cap: JP¥13.3b

Engages in the research and development, manufacture, sale, import, and export of in-vitro diagnostic analyzers in Japan.

Daiken Medical

Market Cap: JP¥13.1b

Engages in the manufacture and distribution of medical devices and equipment in Japan and internationally.

Gentian Diagnostics

Market Cap: NOK 894.5m

Develops, manufactures, and sells biochemical reagents for use in medical diagnostics and research in the United States, Asia, and Europe.

Sewoon Medical

Market Cap: ₩118.4b

Engages in the research and development, manufacture, and sale of medical products in South Korea.

Ladprao General Hospital

Market Cap: ฿2.8b

Engages in the hospital business in Thailand.

Oncosem Onkolojik Sistemler Sanayi Ve Ticaret Anonim Sirketi

Market Cap: ₺3.2b

Provides consumables, medical devices, diagnostic products, and protective equipment.

CE HoldingsLtd

Market Cap: JP¥11.4b

Through its subsidiaries, develops and sells electronic medical record systems and medical information systems in Japan.

Solborn

Market Cap: ₩106.9b

Engages in the manufacturing and sales of medical equipment in South Korea.

Professional Medical Expertise

Market Cap: ر.س287.0m

Engages in the retail sale of medical equipment, tools, supplies, and medical devices in the Kingdom of Saudi Arabia and the United Arab Emirates.

SDI

Market Cap: AU$107.0m

Engages in the research and development, manufacture, and marketing of dental restorative materials, whitening systems, and other dental materials in Australia, Europe, the United States, and Brazil.

DocCheck

Market Cap: €59.4m

Offers marketing and e-commerce services for the healthcare sector in Europe.

Careium

Market Cap: SEK 656.8m

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

Safe Fertility Group

Market Cap: ฿2.2b

Provides fertility medical center services in Thailand.

Business Alignment

Market Cap: ฿2.1b

Sells medical equipment in Thailand.

Modulight Oyj

Market Cap: €52.7m

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

Medinotec

Market Cap: US$58.7m

Engages in the research and development, production, and sale of medical devices for the treatment of vascular and airway diseases in South Africa, the United States, and internationally.

Koken

Market Cap: JP¥8.5b

Produces and sells occupational personal protective and environment quality improvement equipment in Japan.

Kato (Hong Kong) Holdings

Market Cap: HK$440.0m

An investment holding company, operates as a residential care home for the elderly primarily in Hong Kong.

Medcorp

Market Cap: TT$376.0m

Provides healthcare facilities in the Republic of Trinidad and Tobago.

Hironic

Market Cap: ₩74.3b

Engages in the manufacture and sale of medical and surgical equipment, and other orthopedic appliances in South Korea and internationally.

MeVis Medical Solutions

Market Cap: €45.5m

Develops, markets, and sells software for recording, analyzing, and evaluating image data to manufacturers of medical devices, providers of medical IT platforms, and clinical end customers in the United States and Europe.

Softmax

Market Cap: JP¥7.8b

Engages in the development, sale, implementation, and maintenance of medical information and corporate systems in Japan.

CVC Technologies

Market Cap: NT$1.6b

Manufactures and sells various types of pharmaceutical packaging machines worldwide.

Biohit Oyj

Market Cap: €43.3m

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.

Svas Biosana

Market Cap: €43.0m

SVAS Biosana S.p.A. engages in the production and marketing of medical devices worldwide.