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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| HCA Healthcare | United States of America | Hospitals & Clinics | $540 | $168B | 2.2x | 10.9x |
| Fresenius | Germany | Hospitals & Clinics, Medical Supplies, Drug Development & Therapeutics | €51 | $47.1B | 1.8x | 10.4x |
| Tenet Healthcare | United States of America | Hospitals & Clinics, Revenue Cycle Management | $231 | $30.5B | 1.4x | 6.7x |
| Dr. Sulaiman Al Habib | Saudi Arabia | Hospitals & Clinics, Pharmacies | SAR 259 | $26.0B | 7.1x | 29.7x |
| IHH Healthcare | Malaysia | Hospitals & Clinics | MYR 9 | $23.2B | 3.5x | 16.1x |
| DaVita | United States of America | Hospitals & Clinics | $149 | $22.1B | 1.6x | 8.0x |
| Universal Health Services | United States of America | Hospitals & Clinics | $235 | $19.7B | 1.1x | 7.6x |
| Rede D'Or São Luiz | Brazil | Hospitals & Clinics | BRL 43 | $18.8B | 1.7x | 9.8x |
| Ramsay Health | Australia | Hospitals & Clinics | AUD 37 | $14.1B | 1.1x | 8.8x |
| Aier EYE Hospital Group | China | Hospitals & Clinics | CNY 10 | $13.9B | 4.3x | 15.0x |
| Encompass Health | United States of America | Hospitals & Clinics | $110 | $13.7B | 2.3x | 11.0x |
| Apollo Hospitals | India | Hospitals & Clinics | INR 7542 | $12.5B | 4.6x | 32.0x |
| Mayapada Hospital | Indonesia | Hospitals & Clinics | IDR 16000 | $11.8B | N/A | N/A |
| Community Health Systems | United States of America | Hospitals & Clinics | $3 | $11.6B | 0.9x | 7.6x |
| Max Healthcare Institute | India | Hospitals & Clinics | INR 1054 | $11.6B | 10.3x | 40.2x |
| Bangkok Dusit Medical Services | Thailand | Hospitals & Clinics, Laboratory Services | THB 21 | $11.2B | 3.1x | 12.7x |
| PureHealth | United Arab Emirates | Hospitals & Clinics | AED 3 | $9.6B | 1.2x | 7.9x |
| PACS Group | United States of America | Hospitals & Clinics | $38 | $9.0B | 1.7x | 18.6x |
| Fortis Healthcare | India | Hospitals & Clinics | INR 917 | $7.9B | 8.1x | 35.7x |
| Option Care Health | United States of America | Hospitals & Clinics | $35 | $6.6B | 1.2x | 14.0x |
| Ramsay Santé | France | Hospitals & Clinics | €11 | $5.8B | N/A | N/A |
| Surgery Partners | United States of America | Hospitals & Clinics | $15 | $5.7B | 1.7x | 10.6x |
| Medicover | Sweden | Hospitals & Clinics | SEK 209 | $5.1B | 1.8x | 11.0x |
| Concentra Group | United States of America | Hospitals & Clinics | $24 | $5.1B | 2.4x | 11.9x |
| Select Medical | United States of America | Hospitals & Clinics | $16 | $4.7B | 0.9x | 9.2x |
| Meinian Onehealth | China | Hospitals & Clinics | CNY 7 | $4.6B | 2.8x | 14.8x |
| Bumrungrad Hospital | Thailand | Hospitals & Clinics | THB 188 | $4.4B | 5.4x | 13.4x |
| Narayana Health | India | Hospitals & Clinics | INR 1820 | $4.1B | 5.6x | 24.8x |
| Dallah Healthcare | Saudi Arabia | Hospitals & Clinics | SAR 115 | $4.0B | 3.7x | 17.2x |
| Kpj Healthcare | Malaysia | Hospitals & Clinics | MYR 3 | $3.9B | 3.7x | 15.7x |
| Acadia Healthcare | United States of America | Hospitals & Clinics | $17 | $3.8B | 1.2x | 5.9x |
| Mouwasat | Saudi Arabia | Hospitals & Clinics | SAR 69 | $3.8B | 4.4x | 13.4x |
| Aster DM Healthcare | India | Hospitals & Clinics | INR 600 | $3.5B | 6.9x | 35.0x |
| Asker Healthcare Group | Sweden | Hospitals & Clinics | SEK 65 | $3.3B | 1.8x | 15.1x |
| Krishna Institute | India | Hospitals & Clinics | INR 684 | $3.3B | 8.2x | 36.5x |
| Medanta | India | Hospitals & Clinics | INR 1134 | $3.3B | 7.2x | 31.9x |
| Topchoice Medical | China | Hospitals & Clinics | CNY 47 | $3.1B | 7.2x | 21.3x |
| IKS Health | India | Hospitals & Clinics | INR 1641 | $3.1B | 9.1x | 28.7x |
| Ardent Health | United States of America | Hospitals & Clinics | $10 | $3.0B | 0.5x | 5.6x |
| LifeStance Health | United States of America | Hospitals & Clinics | $7 | $3.0B | 2.1x | 20.1x |
| Spire Healthcare Group | United Kingdom of Great Britain and Northern Ireland | Hospitals & Clinics | £2 | $2.9B | 1.3x | 7.7x |
| Burjeel Holdings | United Arab Emirates | Hospitals & Clinics | AED 1 | $2.6B | 1.7x | 9.1x |
| Diagnosticos America | Brazil | Laboratory Services, Medical Imaging & Diagnostics, Hospitals & Clinics | BRL 4 | $2.4B | 1.2x | 5.6x |
| Medical Park | Turkey | Hospitals & Clinics | TRY 478 | $2.4B | 1.9x | 7.0x |
| Dr. Soliman Abdul Kader | Saudi Arabia | Hospitals & Clinics | SAR 34 | $2.3B | 2.7x | 16.6x |
| Siloam Hospitals | Indonesia | Hospitals & Clinics | IDR 2720 | $2.2B | 2.8x | 12.0x |
| Guardian Pharmacy Service | United States of America | Hospitals & Clinics | $33 | $2.1B | 1.5x | 20.2x |
| Med Life | Romania | Hospitals & Clinics | RON 14 | $2.1B | 2.8x | 28.2x |
| Terveystalo | Finland | Hospitals & Clinics | €10 | $2.1B | 1.3x | 7.0x |
| Pediatrix | United States of America | Hospitals & Clinics | $22 | $2.0B | 1.1x | 7.2x |
| Thomson Medical | Singapore | Hospitals & Clinics | SGD 0 | $2.0B | 6.5x | 46.8x |
| Netcare | South Africa | Hospitals & Clinics | ZAR 16 | $1.9B | 1.1x | 6.1x |
| National Medical Care | Saudi Arabia | Hospitals & Clinics | SAR 159 | $1.9B | 4.4x | 15.5x |
| Akdital | Morocco | Hospitals & Clinics | MAD 1100 | $1.9B | 3.7x | 12.8x |
| Huaxia Eye Hospital Group | China | Hospitals & Clinics | CNY 19 | $1.8B | 3.0x | 13.4x |
| Mitra Keluarga | Indonesia | Hospitals & Clinics | IDR 2320 | $1.8B | 5.5x | 14.7x |
| Aevis Victoria | Switzerland | Hospitals & Clinics | CHF 13 | $1.7B | 1.2x | 11.1x |
| Dr Agarwals | India | Hospitals & Clinics | INR 455 | $1.7B | 7.6x | 28.5x |
| U.S. Physical Therapy | United States of America | Hospitals & Clinics | $87 | $1.6B | 2.1x | 16.8x |
| Astrana Health | United States of America | Hospitals & Clinics | $19 | $1.6B | 0.5x | 7.6x |
| Middle East Healthcare | Saudi Arabia | Hospitals & Clinics | SAR 36 | $1.5B | 1.8x | 8.1x |
| Oncoclinicas Do Brasil | Brazil | Hospitals & Clinics | BRL 3 | $1.5B | 1.3x | 9.4x |
| AMN Healthcare Services | United States of America | Hospitals & Clinics | $16 | $1.5B | 0.5x | 6.3x |
| Pennant Group | United States of America | Hospitals & Clinics | $32 | $1.4B | 1.5x | 19.5x |
| Auna | United States of America | Hospitals & Clinics | $5 | $1.4B | 1.0x | 4.8x |
| Hermina Hospitals | Indonesia | Hospitals & Clinics | IDR 1300 | $1.3B | 3.1x | 12.0x |
| LNA Sante | France | Hospitals & Clinics, Long-Term Care | €26 | $1.3B | 1.2x | 7.5x |
| Hammadi | Saudi Arabia | Hospitals & Clinics | SAR 26 | $1.2B | 3.5x | 11.5x |
| Odontoprev | Brazil | Hospitals & Clinics | BRL 12 | $1.1B | 2.4x | 7.5x |
| WELL Health | Canada | Hospitals & Clinics | CAD 4 | $1.1B | 1.1x | 7.5x |
| HCG Hospitals | India | Hospitals & Clinics | INR 582 | $1.1B | 3.9x | 21.3x |
| Clinica Baviera | Spain | Hospitals & Clinics, Medical Imaging & Diagnostics, Laboratory Services | €53 | $1.0B | 3.0x | 10.7x |
| Life Healthcare Group | South Africa | Hospitals & Clinics | ZAR 11 | $1.0B | 0.6x | 4.2x |
| Integral Diagnostics | Australia | Hospitals & Clinics, Medical Imaging & Diagnostics, Laboratory Services | AUD 2 | $1.0B | 2.0x | 9.9x |
| Nutex Health | United States of America | Hospitals & Clinics, Health Data & Analytics | $100 | $898M | 0.9x | 2.7x |
| Garofalo Health Care | Italy | Hospitals & Clinics | €5 | $808M | 1.4x | 8.2x |
| Rhoen Klinikum | Germany | Hospitals & Clinics | €13 | $722M | N/A | N/A |
| Humana | Sweden | Hospitals & Clinics | SEK 41 | $675M | 0.6x | 5.3x |
| Hospital Mater Dei | Brazil | Hospitals & Clinics | BRL 6 | $656M | 1.6x | 7.6x |
| Concord Medical | Hong Kong | Hospitals & Clinics | HKD 2 | $607M | N/A | N/A |
| MediClin | Germany | Hospitals & Clinics | €4 | $583M | 0.6x | 4.5x |
| Pihlajalinna | Finland | Hospitals & Clinics | €13 | $549M | 0.7x | 4.1x |
| Concord Medical Services | United States of America | Hospitals & Clinics | $4 | $544M | N/A | N/A |
| Chularat Hospital | Thailand | Hospitals & Clinics | THB 2 | $527M | 2.0x | 9.2x |
| Clinica Las Condes | Chile | Hospitals & Clinics | CLP 13100 | $474M | N/A | N/A |
| Sikarin | Thailand | Hospitals & Clinics | THB 7 | $430M | N/A | N/A |
| Compass Pathways | Germany | Hospitals & Clinics | €5 | $407M | N/A | N/A |
| Al-Maidan Dental Clinic | Kuwait | Hospitals & Clinics | KWD 1 | $372M | N/A | N/A |
| Athens Medical Centre | Greece | Hospitals & Clinics | €2 | $362M | N/A | N/A |
| M1 Kliniken | Germany | Hospitals & Clinics | €17 | $327M | 0.8x | 7.6x |
| Monash IVF Group | Australia | Hospitals & Clinics | AUD 1 | $314M | 1.7x | 7.1x |
| Medica Sur | Mexico | Hospitals & Clinics | MXN 58 | $287M | 1.0x | 5.0x |
| Centrum Medyczne ENEL-MED | Poland | Hospitals & Clinics | PLN 22 | $251M | N/A | N/A |
| Maternus-Kliniken | Germany | Hospitals & Clinics, Long-Term Care | €1 | $237M | N/A | N/A |
| Goodwill Pharma | Hungary | Hospitals & Clinics | HUF 615 | $229M | N/A | N/A |
| Suraksha Diagnostics | India | Hospitals & Clinics, Laboratory Services | INR 285 | $172M | 5.5x | 17.0x |
| Limes Schlosskliniken | Germany | Hospitals & Clinics | €476 | $168M | 2.8x | 12.5x |
| AirSculpt | United States of America | Hospitals & Clinics | $2 | $134M | 0.9x | 8.4x |
| Eukedos | Italy | Hospitals & Clinics | €1 | $131M | N/A | N/A |
| Park Dental Partners | United States of America | Hospitals & Clinics | $19 | $129M | N/A | N/A |
Valuation multiples as of last 12 months (LTM). Stock prices as of February 15, 2026. Financial data powered by Morningstar and FactSet.
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