Global Healthcare Undervalued over 20% based on DCF

Cosmo Bio CompanyLimited

Market Cap: JP¥6.7b

Engages in the manufacture, marketing, sale, import, and export of life science research biotools worldwide.

Kingworld Medicines Group

Market Cap: HK$342.0m

An investment holding company, primarily engages in the distribution and sale of branded imported pharmaceutical and healthcare products.

ASO International

Market Cap: JP¥6.4b

Operates in orthodontics business in Japan.

Level Biotechnology

Market Cap: NT$1.1b

Engages in marketing and distributing cell culture, immunology, and molecular biology products in Taiwan.

Aidigong Maternal & Child Health

Market Cap: HK$251.8m

An investment holding company, provides postpartum care and healthcare services in the People’s Republic of China.

Kun Peng International

Market Cap: US$29.7m

Engages in the distribution of health care and health-related household products through its online platforms in the People’s Republic of China.

Nissan Medical Industries

Market Cap: ₪101.0m

Through its subsidiary, engages in the manufacturing and marketing of spunlace non-woven fabrics in the United States, Canada, Europe, and Israel.

Gesundheitswelt Chiemgau

Market Cap: €25.2m

Engages in medicine and tourism businesses in Germany.

Genesis Fertility Center

Market Cap: ฿915.2m

Provides medical service clinics services for infertility treatment in Thailand.

Sincere

Market Cap: JP¥3.8b

Engages in the manufacturing and sale of contact lens in Japan.

SMD Rise

Market Cap: ฿822.5m

Engages in the import and distribution of medical devices, equipment, and supplies to private hospitals, clinics, and general public in Thailand.

Basma Adeem Medical

Market Cap: ر.س93.3m

Provides dental services in the Kingdom of Saudi Arabia.

Medhelp Care Aktiebolag

Market Cap: SEK 207.0m

A software-as-a-service company, operates a health platform for data-driven corporate health and supports in Sweden and Denmark.

Niks Professional

Market Cap: S$25.2m

Provides family practice dermatology and aesthetic medical services in Singapore and China.

Nova Leap Health

Market Cap: CA$24.4m

Provides home and home health care services in the United States and Canada.

SciBase Holding

Market Cap: SEK 142.9m

A medical technology company, develops and commercializes point-of-care platforms for skin health management in Europe, the United States, North America, Asia, Oceania, and internationally.

Laboratoires Euromedis Société anonyme

Market Cap: €12.3m

Through its subsidiaries, designs, manufactures, and distributes medical equipment under the Euromedis brand name for healthcare professionals, local communities, and individuals in France and internationally.

Recovery InternationalLtd

Market Cap: JP¥1.9b

Offers home-visit nursing and rehabilitation in-home nursing care services in Japan.

Kelfred Holdings

Market Cap: HK$95.0m

An investment holding company, engages in the manufacture and sale of eyewear products in the People’s Republic of China, Italy, the United Kingdom, the Netherlands, Hong Kong, France, Japan, Australia, the United States, and internationally.

Medicskin Holdings

Market Cap: HK$87.3m

An investment holding company, provides medical skin care services in Hong Kong.

Ligua

Market Cap: JP¥1.6b

A consultancy company, engages in the provision of management support services in the healthcare industry.

Pa Shun International Holdings

Market Cap: HK$84.1m

An investment holding company, engages in the pharmaceutical distribution and manufacturing businesses in the People’s Republic of China.

Feng Chi Biotech

Market Cap: NT$281.8m

Provides preimplantation genetic testing, prenatal testing, life science, newborn screening, food/pharmaceutical microbiological testing, and medical translational research services.

Smile-Link Healthcare Global Berhad

Market Cap: RM 32.8m

An investment holding company, provides dental services in Malaysia.

Regional Health Properties

Market Cap: US$4.5m

Operates as a self-managed real estate investment company that invests primarily in real estate purposed for long-term care and senior living.

Braster

Market Cap: zł17.0m

Braster S.A. provides in-home breast cancer examination device worldwide.

Adeshwar Meditex

Market Cap: ₹259.8m

Manufactures and exports sterile wound dressings, first aid kits, pharmaceuticals, and other medical disposables in India and internationally.

MediNet Group

Market Cap: HK$18.9m

An investment holding company, provides medical and dental solutions to corporations, insurance companies, and individuals in Hong Kong and the People’s Republic of China.

QHSLab

Market Cap: US$2.1m

A medical device technology and software-as-a-service SaaS company, focuses on value-based healthcare, informatics, and algorithmic personalized medicine including digital therapeutics.

Dr Lalchandani Labs

Market Cap: ₹83.1m

Provides diagnostic and related healthcare tests and services in India.