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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| HCA Healthcare | United States of America | Hospitals & Clinics | $477 | $154B | 2.1x | 10.1x |
| Fresenius | Germany | Hospitals & Clinics, Medical Supplies, Drug Development & Therapeutics | €49 | $44.6B | 1.7x | 10.2x |
| Tenet Healthcare | United States of America | Hospitals & Clinics, Revenue Cycle Management | $193 | $27.2B | 1.3x | 6.1x |
| Dr. Sulaiman Al Habib | Saudi Arabia | Hospitals & Clinics, Pharmacies | SAR 259 | $26.1B | 7.3x | 30.1x |
| IHH Healthcare | Malaysia | Hospitals & Clinics | MYR 8 | $20.5B | 3.3x | 15.2x |
| DaVita | United States of America | Hospitals & Clinics | $117 | $20.3B | 1.5x | 7.3x |
| Rede D'Or São Luiz | Brazil | Hospitals & Clinics | BRL 45 | $19.3B | 1.8x | 10.5x |
| Universal Health Services | United States of America | Hospitals & Clinics | $226 | $19.2B | 1.1x | 7.5x |
| Aier EYE Hospital Group | China | Hospitals & Clinics | CNY 12 | $15.9B | 5.0x | 17.3x |
| Encompass Health | United States of America | Hospitals & Clinics | $113 | $13.9B | 2.4x | 11.3x |
| Max Healthcare Institute | India | Hospitals & Clinics | INR 1118 | $12.6B | 11.2x | 43.4x |
| Apollo Hospitals | India | Hospitals & Clinics | INR 7385 | $12.5B | 4.6x | 32.0x |
| Ramsay Health | Australia | Hospitals & Clinics | AUD 31 | $12.0B | 1.0x | 8.3x |
| Community Health Systems | United States of America | Hospitals & Clinics | $3 | $11.5B | 0.9x | 7.5x |
| Bangkok Dusit Medical Services | Thailand | Hospitals & Clinics, Laboratory Services | THB 19 | $9.7B | 2.8x | 11.7x |
| Mayapada Hospital | Indonesia | Hospitals & Clinics | IDR 12975 | $9.7B | N/A | N/A |
| PureHealth | United Arab Emirates | Hospitals & Clinics | AED 3 | $9.3B | 1.2x | 7.6x |
| Fortis Healthcare | India | Hospitals & Clinics | INR 928 | $8.2B | 8.4x | 37.3x |
| Surgery Partners | United States of America | Hospitals & Clinics | $15 | $5.6B | 1.7x | 10.5x |
| Option Care Health | United States of America | Hospitals & Clinics | $28 | $5.5B | 1.0x | 11.7x |
| Ramsay Santé | France | Hospitals & Clinics | €9 | $5.4B | N/A | N/A |
| Medicover | Sweden | Hospitals & Clinics | SEK 236 | $5.3B | 1.9x | 12.2x |
| PACS Group | United States of America | Hospitals & Clinics | $14 | $4.8B | 1.1x | 10.5x |
| Dallah Healthcare | Saudi Arabia | Hospitals & Clinics | SAR 145 | $4.8B | 4.5x | 21.0x |
| Concentra Group | United States of America | Hospitals & Clinics | $19 | $4.6B | 2.1x | 10.8x |
| Narayana Health | India | Hospitals & Clinics | INR 1952 | $4.5B | 6.4x | 27.9x |
| Select Medical | United States of America | Hospitals & Clinics | $13 | $4.3B | 0.8x | 8.3x |
| Asker Healthcare Group | Sweden | Hospitals & Clinics | SEK 94 | $4.3B | 2.4x | 21.2x |
| Aster DM Healthcare | India | Hospitals & Clinics | INR 680 | $4.0B | 7.9x | 40.6x |
| Mouwasat | Saudi Arabia | Hospitals & Clinics | SAR 71 | $3.9B | 4.6x | 13.6x |
| Bumrungrad Hospital | Thailand | Hospitals & Clinics | THB 173 | $3.9B | 4.9x | 12.3x |
| Meinian Onehealth | China | Hospitals & Clinics | CNY 6 | $3.7B | 2.4x | 13.4x |
| Acadia Healthcare | United States of America | Hospitals & Clinics | $15 | $3.7B | 1.1x | 5.6x |
| Medanta | India | Hospitals & Clinics | INR 1190 | $3.6B | 7.7x | 33.7x |
| Kpj Healthcare | Malaysia | Hospitals & Clinics | MYR 3 | $3.6B | 3.6x | 15.1x |
| Krishna Institute | India | Hospitals & Clinics | INR 668 | $3.4B | 8.3x | 36.0x |
| IKS Health | India | Hospitals & Clinics | INR 1601 | $3.1B | 9.1x | 29.1x |
| Ardent Health | United States of America | Hospitals & Clinics | $9 | $2.9B | 0.5x | 5.4x |
| Topchoice Medical | China | Hospitals & Clinics | CNY 44 | $2.9B | 6.9x | 20.6x |
| Spire Healthcare Group | United Kingdom of Great Britain and Northern Ireland | Hospitals & Clinics | £2 | $2.9B | 1.4x | 8.0x |
| LifeStance Health | United States of America | Hospitals & Clinics | $6 | $2.7B | 1.9x | 18.3x |
| Burjeel Holdings | United Arab Emirates | Hospitals & Clinics | AED 1 | $2.7B | 1.8x | 9.1x |
| Dr. Soliman Abdul Kader | Saudi Arabia | Hospitals & Clinics | SAR 38 | $2.5B | 3.0x | 17.8x |
| Dentalcorp | Canada | Hospitals & Clinics | CAD 11 | $2.5B | 2.1x | 11.1x |
| Akdital | Morocco | Hospitals & Clinics | MAD 1300 | $2.2B | 4.4x | 15.0x |
| Pediatrix | United States of America | Hospitals & Clinics | $23 | $2.2B | 1.1x | 7.8x |
| Siloam Hospitals | Indonesia | Hospitals & Clinics | IDR 2550 | $2.0B | 2.6x | 11.4x |
| Diagnosticos America | Brazil | Laboratory Services, Medical Imaging & Diagnostics, Hospitals & Clinics | BRL 2 | $2.0B | 1.0x | 4.9x |
| Huaxia Eye Hospital Group | China | Hospitals & Clinics | CNY 20 | $2.0B | 3.3x | 15.3x |
| Mitra Keluarga | Indonesia | Hospitals & Clinics | IDR 2530 | $2.0B | 6.2x | 16.4x |
| Thomson Medical | Singapore | Hospitals & Clinics | SGD 0 | $1.9B | 6.2x | 34.8x |
| Terveystalo | Finland | Hospitals & Clinics | €9 | $1.9B | 1.3x | 6.7x |
| Dr Agarwals | India | Hospitals & Clinics | INR 507 | $1.9B | 8.6x | 32.0x |
| National Medical Care | Saudi Arabia | Hospitals & Clinics | SAR 153 | $1.8B | 4.3x | 14.9x |
| Guardian Pharmacy Service | United States of America | Hospitals & Clinics | $28 | $1.8B | 1.2x | 17.1x |
| Netcare | South Africa | Hospitals & Clinics | ZAR 15 | $1.7B | 1.1x | 6.1x |
| Astrana Health | United States of America | Hospitals & Clinics | $21 | $1.7B | 0.6x | 8.3x |
| Medical Park | Turkey | Hospitals & Clinics | TRY 308 | $1.7B | 1.3x | 5.0x |
| Middle East Healthcare | Saudi Arabia | Hospitals & Clinics | SAR 43 | $1.7B | 2.0x | 9.3x |
| Aevis Victoria | Switzerland | Hospitals & Clinics | CHF 13 | $1.6B | 1.2x | 12.7x |
| Hermina Hospitals | Indonesia | Hospitals & Clinics | IDR 1440 | $1.5B | 3.4x | 13.0x |
| Med Life | Romania | Hospitals & Clinics | RON 9 | $1.4B | 2.1x | 14.0x |
| AMN Healthcare Services | United States of America | Hospitals & Clinics | $16 | $1.4B | 0.5x | 5.9x |
| Auna | United States of America | Hospitals & Clinics | $5 | $1.4B | 1.1x | 4.9x |
| Hammadi | Saudi Arabia | Hospitals & Clinics | SAR 31 | $1.4B | 4.1x | 12.8x |
| HCG Hospitals | India | Hospitals & Clinics | INR 736 | $1.3B | 5.0x | 26.8x |
| U.S. Physical Therapy | United States of America | Hospitals & Clinics | $69 | $1.3B | 1.7x | 14.2x |
| LNA Sante | France | Hospitals & Clinics, Long-Term Care | €24 | $1.2B | 1.2x | 7.4x |
| Life Healthcare Group | South Africa | Hospitals & Clinics | ZAR 12 | $1.2B | 0.8x | 4.0x |
| Pennant Group | United States of America | Hospitals & Clinics | $26 | $1.2B | 1.3x | 17.0x |
| Oncoclinicas Do Brasil | Brazil | Hospitals & Clinics | BRL 2 | $1.2B | 1.0x | 7.5x |
| Odontoprev | Brazil | Hospitals & Clinics | BRL 12 | $1.1B | 2.4x | 7.5x |
| WELL Health | Canada | Hospitals & Clinics | CAD 4 | $1.1B | 1.1x | 8.2x |
| Integral Diagnostics | Australia | Hospitals & Clinics, Medical Imaging & Diagnostics, Laboratory Services | AUD 3 | $956M | 2.1x | 10.6x |
| Nutex Health | United States of America | Hospitals & Clinics, Health Data & Analytics | $99 | $808M | 1.0x | 3.2x |
| Garofalo Health Care | Italy | Hospitals & Clinics | €5 | $750M | 1.4x | 7.9x |
| Clinica Baviera | Spain | Hospitals & Clinics, Medical Imaging & Diagnostics, Laboratory Services | €41 | $716M | 2.4x | 8.1x |
| Humana | Sweden | Hospitals & Clinics | SEK 47 | $686M | 0.6x | 5.8x |
| Concord Medical | Hong Kong | Hospitals & Clinics | HKD 2 | $639M | N/A | N/A |
| Rhoen Klinikum | Germany | Hospitals & Clinics | €12 | $624M | N/A | N/A |
| Hospital Mater Dei | Brazil | Hospitals & Clinics | BRL 5 | $565M | 1.4x | 8.0x |
| MediClin | Germany | Hospitals & Clinics | €4 | $563M | 0.6x | 4.6x |
| Pihlajalinna | Finland | Hospitals & Clinics | €14 | $559M | 0.7x | 4.4x |
| Concord Medical Services | United States of America | Hospitals & Clinics | $4 | $531M | N/A | N/A |
| Clinica Las Condes | Chile | Hospitals & Clinics | CLP 17982 | $460M | N/A | N/A |
| Sikarin | Thailand | Hospitals & Clinics | THB 8 | $451M | N/A | N/A |
| Chularat Hospital | Thailand | Hospitals & Clinics | THB 1 | $436M | 1.7x | 7.9x |
| Al-Maidan Dental Clinic | Kuwait | Hospitals & Clinics | KWD 1 | $377M | N/A | N/A |
| Compass Pathways | Germany | Hospitals & Clinics | €5 | $359M | N/A | N/A |
| Athens Medical Centre | Greece | Hospitals & Clinics | €2 | $345M | N/A | N/A |
| M1 Kliniken | Germany | Hospitals & Clinics | €16 | $295M | 0.7x | 7.2x |
| AirSculpt | United States of America | Hospitals & Clinics | $4 | $271M | 1.7x | 16.4x |
| Monash IVF Group | Australia | Hospitals & Clinics | AUD 1 | $260M | 1.5x | 6.2x |
| Medica Sur | Mexico | Hospitals & Clinics | MXN 55 | $253M | 1.0x | 4.9x |
| Maternus-Kliniken | Germany | Hospitals & Clinics, Long-Term Care | €1 | $233M | N/A | N/A |
| Centrum Medyczne ENEL-MED | Poland | Hospitals & Clinics | PLN 18 | $211M | N/A | N/A |
| Suraksha Diagnostics | India | Hospitals & Clinics, Laboratory Services | INR 302 | $186M | 6.0x | 18.1x |
| Goodwill Pharma | Hungary | Hospitals & Clinics | HUF 500 | $180M | N/A | N/A |
| Eukedos | Italy | Hospitals & Clinics | €1 | $129M | N/A | N/A |
| Limes Schlosskliniken | Germany | Hospitals & Clinics | €348 | $119M | N/A | N/A |
Valuation multiples as of last 12 months (LTM). Stock prices as of November 19, 2025. Financial data powered by Morningstar and FactSet.
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