Swedish Healthcare Undervalued over 20% based on DCF

Getinge

Market Cap: SEK 55.5b

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

Elekta

Market Cap: SEK 22.2b

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.

Attendo

Market Cap: SEK 15.3b

Provides health and care services in Scandinavia and Finland.

RaySearch Laboratories

Market Cap: SEK 7.8b

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.

Stille

Market Cap: SEK 1.9b

Develops, manufactures, and distributes medtech products in Sweden and internationally.

Carasent

Market Cap: SEK 1.6b

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 549.8m

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

Mentice

Market Cap: SEK 365.6m

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

Arcoma

Market Cap: SEK 120.5m

Develops, produces, and provides radiology solutions and digital x-ray systems in Sweden and internationally.