Swedish Healthcare Undervalued over 20% based on DCF

Getinge

Market Cap: SEK 66.5b

Provides products and solutions for operating rooms, intensive-care units, and sterilization departments in Sweden and internationally.

Elekta

Market Cap: SEK 21.5b

A medical technology company, provides clinical solutions for treating cancer and brain disorders in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Vimian Group

Market Cap: SEK 18.4b

Engages in the animal health business worldwide.

MedCap

Market Cap: SEK 8.5b

A private equity firm specializing in investments in secondary direct, later stage, industry consolidation, add-on acquisitions, growth capital, middle market, mature, turnarounds, and buyout.

RaySearch Laboratories

Market Cap: SEK 6.2b

A medical technology company, provides software solutions for cancer treatment worldwide.

CellaVision

Market Cap: SEK 3.9b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

Carasent

Market Cap: SEK 1.7b

Provides cloud based electronic health record (EHR) systems solutions and platform services for healthcare sector in Nordics and Germany.

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.

Careium

Market Cap: SEK 695.7m

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

Mentice

Market Cap: SEK 376.9m

Develops, sells, and markets solutions for training and decision support in the clinical area of interventional angiography in cardiology, neurology, vascular surgery, and radiology.