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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| HCA Healthcare | United States of America | Hospitals & Clinics | $482 | $155B | 2.1x | 10.1x |
| Fresenius | Germany | Hospitals & Clinics, Medical Supplies, Drug Development & Therapeutics | €48 | $44.2B | 1.7x | 10.0x |
| Tenet Healthcare | United States of America | Hospitals & Clinics, Revenue Cycle Management | $199 | $27.7B | 1.3x | 6.2x |
| Dr. Sulaiman Al Habib | Saudi Arabia | Hospitals & Clinics, Pharmacies | SAR 258 | $25.9B | 7.2x | 29.9x |
| IHH Healthcare | Malaysia | Hospitals & Clinics | MYR 9 | $21.7B | 3.5x | 15.7x |
| DaVita | United States of America | Hospitals & Clinics | $121 | $20.6B | 1.5x | 7.4x |
| Universal Health Services | United States of America | Hospitals & Clinics | $223 | $18.9B | 1.1x | 7.3x |
| Rede D'Or São Luiz | Brazil | Hospitals & Clinics | BRL 44 | $18.6B | 1.8x | 10.2x |
| Aier EYE Hospital Group | China | Hospitals & Clinics | CNY 11 | $14.7B | 4.6x | 16.2x |
| Encompass Health | United States of America | Hospitals & Clinics | $107 | $13.4B | 2.3x | 10.8x |
| Ramsay Health | Australia | Hospitals & Clinics | AUD 35 | $13.0B | 1.1x | 8.7x |
| Mayapada Hospital | Indonesia | Hospitals & Clinics | IDR 16500 | $12.3B | N/A | N/A |
| Max Healthcare Institute | India | Hospitals & Clinics | INR 1081 | $12.0B | 10.7x | 41.6x |
| Apollo Hospitals | India | Hospitals & Clinics | INR 7101 | $11.9B | 4.4x | 30.5x |
| Community Health Systems | United States of America | Hospitals & Clinics | $3 | $11.6B | 0.9x | 7.6x |
| Bangkok Dusit Medical Services | Thailand | Hospitals & Clinics, Laboratory Services | THB 20 | $10.4B | 3.0x | 12.1x |
| PureHealth | United Arab Emirates | Hospitals & Clinics | AED 3 | $9.8B | 1.3x | 8.0x |
| PACS Group | United States of America | Hospitals & Clinics | $33 | $8.3B | 1.6x | 17.4x |
| Fortis Healthcare | India | Hospitals & Clinics | INR 874 | $7.6B | 7.8x | 34.6x |
| Option Care Health | United States of America | Hospitals & Clinics | $33 | $6.2B | 1.1x | 13.2x |
| Surgery Partners | United States of America | Hospitals & Clinics | $16 | $5.7B | 1.7x | 10.6x |
| Ramsay Santé | France | Hospitals & Clinics | €9 | $5.5B | N/A | N/A |
| Medicover | Sweden | Hospitals & Clinics | SEK 221 | $5.1B | 1.8x | 11.5x |
| Concentra Group | United States of America | Hospitals & Clinics | $20 | $4.6B | 2.2x | 10.9x |
| Select Medical | United States of America | Hospitals & Clinics | $15 | $4.6B | 0.9x | 9.0x |
| Narayana Health | India | Hospitals & Clinics | INR 1870 | $4.3B | 5.8x | 25.7x |
| Dallah Healthcare | Saudi Arabia | Hospitals & Clinics | SAR 122 | $4.1B | 3.8x | 18.1x |
| Asker Healthcare Group | Sweden | Hospitals & Clinics | SEK 88 | $4.1B | 2.3x | 19.5x |
| Mouwasat | Saudi Arabia | Hospitals & Clinics | SAR 70 | $3.8B | 4.5x | 13.1x |
| Bumrungrad Hospital | Thailand | Hospitals & Clinics | THB 166 | $3.7B | 4.7x | 11.8x |
| Aster DM Healthcare | India | Hospitals & Clinics | INR 620 | $3.6B | 7.2x | 36.5x |
| Acadia Healthcare | United States of America | Hospitals & Clinics | $14 | $3.6B | 1.1x | 5.5x |
| Kpj Healthcare | Malaysia | Hospitals & Clinics | MYR 3 | $3.6B | 3.5x | 14.9x |
| Medanta | India | Hospitals & Clinics | INR 1152 | $3.4B | 7.4x | 32.5x |
| Meinian Onehealth | China | Hospitals & Clinics | CNY 5 | $3.3B | 2.1x | 11.7x |
| Krishna Institute | India | Hospitals & Clinics | INR 662 | $3.3B | 8.1x | 35.6x |
| IKS Health | India | Hospitals & Clinics | INR 1646 | $3.1B | 9.2x | 29.2x |
| LifeStance Health | United States of America | Hospitals & Clinics | $7 | $2.9B | 2.1x | 19.9x |
| Ardent Health | United States of America | Hospitals & Clinics | $9 | $2.9B | 0.5x | 5.4x |
| Burjeel Holdings | United Arab Emirates | Hospitals & Clinics | AED 1 | $2.7B | 1.8x | 9.0x |
| Topchoice Medical | China | Hospitals & Clinics | CNY 40 | $2.7B | 6.3x | 18.6x |
| Spire Healthcare Group | United Kingdom of Great Britain and Northern Ireland | Hospitals & Clinics | £2 | $2.6B | 1.2x | 7.2x |
| Dentalcorp | Canada | Hospitals & Clinics | CAD 11 | $2.5B | 2.1x | 11.1x |
| Dr. Soliman Abdul Kader | Saudi Arabia | Hospitals & Clinics | SAR 35 | $2.3B | 2.8x | 17.0x |
| Diagnosticos America | Brazil | Laboratory Services, Medical Imaging & Diagnostics, Hospitals & Clinics | BRL 3 | $2.1B | 1.1x | 4.6x |
| Akdital | Morocco | Hospitals & Clinics | MAD 1230 | $2.1B | 4.2x | 14.4x |
| Pediatrix | United States of America | Hospitals & Clinics | $22 | $2.1B | 1.1x | 7.5x |
| Siloam Hospitals | Indonesia | Hospitals & Clinics | IDR 2500 | $2.0B | 2.6x | 11.1x |
| Thomson Medical | Singapore | Hospitals & Clinics | SGD 0 | $2.0B | 6.4x | 46.4x |
| Terveystalo | Finland | Hospitals & Clinics | €9 | $1.9B | 1.3x | 6.8x |
| Mitra Keluarga | Indonesia | Hospitals & Clinics | IDR 2500 | $1.9B | 6.0x | 16.0x |
| Guardian Pharmacy Service | United States of America | Hospitals & Clinics | $30 | $1.9B | 1.3x | 18.3x |
| Medical Park | Turkey | Hospitals & Clinics | TRY 360 | $1.9B | 1.5x | 5.6x |
| Dr Agarwals | India | Hospitals & Clinics | INR 506 | $1.8B | 8.5x | 31.8x |
| Huaxia Eye Hospital Group | China | Hospitals & Clinics | CNY 19 | $1.8B | 3.0x | 13.9x |
| Netcare | South Africa | Hospitals & Clinics | ZAR 15 | $1.8B | 1.1x | 5.9x |
| Astrana Health | United States of America | Hospitals & Clinics | $22 | $1.8B | 0.6x | 8.6x |
| National Medical Care | Saudi Arabia | Hospitals & Clinics | SAR 142 | $1.7B | 4.0x | 13.9x |
| Med Life | Romania | Hospitals & Clinics | RON 10 | $1.6B | 2.2x | 21.8x |
| Aevis Victoria | Switzerland | Hospitals & Clinics | CHF 13 | $1.6B | 1.1x | 10.9x |
| Nutex Health | United States of America | Hospitals & Clinics, Health Data & Analytics | $190 | $1.5B | 1.6x | 4.7x |
| Middle East Healthcare | Saudi Arabia | Hospitals & Clinics | SAR 37 | $1.5B | 1.8x | 8.5x |
| U.S. Physical Therapy | United States of America | Hospitals & Clinics | $81 | $1.5B | 1.9x | 15.9x |
| Hermina Hospitals | Indonesia | Hospitals & Clinics | IDR 1440 | $1.5B | 3.4x | 13.1x |
| AMN Healthcare Services | United States of America | Hospitals & Clinics | $16 | $1.5B | 0.5x | 6.2x |
| Auna | United States of America | Hospitals & Clinics | $5 | $1.3B | 1.0x | 4.8x |
| Pennant Group | United States of America | Hospitals & Clinics | $30 | $1.3B | 1.4x | 18.4x |
| HCG Hospitals | India | Hospitals & Clinics | INR 715 | $1.3B | 4.7x | 25.6x |
| Hammadi | Saudi Arabia | Hospitals & Clinics | SAR 29 | $1.3B | 3.8x | 12.3x |
| LNA Sante | France | Hospitals & Clinics, Long-Term Care | €24 | $1.3B | 1.2x | 7.4x |
| Oncoclinicas Do Brasil | Brazil | Hospitals & Clinics | BRL 2 | $1.2B | 1.1x | 7.9x |
| WELL Health | Canada | Hospitals & Clinics | CAD 4 | $1.1B | 1.1x | 7.9x |
| Odontoprev | Brazil | Hospitals & Clinics | BRL 12 | $1.1B | 2.4x | 7.4x |
| Integral Diagnostics | Australia | Hospitals & Clinics, Medical Imaging & Diagnostics, Laboratory Services | AUD 2 | $960M | 2.0x | 10.2x |
| Life Healthcare Group | South Africa | Hospitals & Clinics | ZAR 11 | $947M | 0.6x | 4.1x |
| Clinica Baviera | Spain | Hospitals & Clinics, Medical Imaging & Diagnostics, Laboratory Services | €47 | $901M | 2.6x | 9.5x |
| Garofalo Health Care | Italy | Hospitals & Clinics | €6 | $804M | 1.4x | 8.3x |
| Humana | Sweden | Hospitals & Clinics | SEK 48 | $701M | 0.7x | 5.9x |
| Goodwill Pharma | Hungary | Hospitals & Clinics | HUF 2000 | $674M | N/A | N/A |
| Rhoen Klinikum | Germany | Hospitals & Clinics | €12 | $628M | N/A | N/A |
| Concord Medical | Hong Kong | Hospitals & Clinics | HKD 2 | $612M | N/A | N/A |
| MediClin | Germany | Hospitals & Clinics | €4 | $580M | 0.6x | 4.6x |
| Hospital Mater Dei | Brazil | Hospitals & Clinics | BRL 5 | $572M | 1.4x | 7.3x |
| Pihlajalinna | Finland | Hospitals & Clinics | €14 | $552M | 0.7x | 4.3x |
| Concord Medical Services | United States of America | Hospitals & Clinics | $4 | $535M | N/A | N/A |
| Compass Pathways | Germany | Hospitals & Clinics | €6 | $513M | N/A | N/A |
| Chularat Hospital | Thailand | Hospitals & Clinics | THB 2 | $502M | 1.9x | 9.0x |
| Clinica Las Condes | Chile | Hospitals & Clinics | CLP 16820 | $499M | N/A | N/A |
| Sikarin | Thailand | Hospitals & Clinics | THB 7 | $427M | N/A | N/A |
| Al-Maidan Dental Clinic | Kuwait | Hospitals & Clinics | KWD 1 | $358M | N/A | N/A |
| Athens Medical Centre | Greece | Hospitals & Clinics | €2 | $353M | N/A | N/A |
| M1 Kliniken | Germany | Hospitals & Clinics | €18 | $343M | 0.8x | 8.2x |
| Monash IVF Group | Australia | Hospitals & Clinics | AUD 1 | $325M | 1.8x | 7.8x |
| Medica Sur | Mexico | Hospitals & Clinics | MXN 57 | $266M | 1.0x | 5.0x |
| Maternus-Kliniken | Germany | Hospitals & Clinics, Long-Term Care | €1 | $233M | N/A | N/A |
| Centrum Medyczne ENEL-MED | Poland | Hospitals & Clinics | PLN 18 | $218M | N/A | N/A |
| AirSculpt | United States of America | Hospitals & Clinics | $3 | $178M | 1.2x | 11.0x |
| Suraksha Diagnostics | India | Hospitals & Clinics, Laboratory Services | INR 282 | $172M | 5.5x | 17.0x |
| Eukedos | Italy | Hospitals & Clinics | €1 | $129M | N/A | N/A |
| FamiCord | Germany | Hospitals & Clinics | €6 | $127M | 1.2x | 10.3x |
Valuation multiples as of last 12 months (LTM). Stock prices as of December 13, 2025. Financial data powered by Morningstar and FactSet.
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