| 1 | Fangzhou Inc. (6086.HK) | 9/10 | 14.5x |
| 2 | JD Health International Inc. (JDHEAL19.BK) | 8/9 | 9.6x |
| 3 | Healthlead Public Company Limited (HL.BK) | 8/10 | 7.5x |
| 4 | Clicks Group Limited (CLS.JO) | 8/10 | 12.1x |
| 5 | YSB Inc. (9885.HK) | 8/10 | 3.4x |
| 6 | JD Health International Inc. (6618.HK) | 8/10 | 9.5x |
| 7 | DaShenLin Pharmaceutical Group Co., Ltd. (603233.SS) | 8/10 | 4.3x |
| 8 | Qol Holdings Co., Ltd. (3034.T) | 8/10 | 8.3x |
| 9 | ShuYu Civilian Pharmacy Corp., Ltd. (301017.SZ) | 8/10 | 8.6x |
| 10 | Ridgetech Inc (RDGT) | 7/10 | 0.2x |
| 11 | MedPlus Health Services Limited (MEDPLUS.NS) | 7/10 | 19.7x |
| 12 | Al-Razi Medical Company (9572.SR) | 7/10 | 9.1x |
| 13 | Sugi Holdings Co.,Ltd. (7649.T) | 7/10 | 7.5x |
| 14 | Yifeng Pharmacy Chain Co., Ltd. (603939.SS) | 7/10 | 9.8x |
| 15 | MatsukiyoCocokara & Co. (3088.T) | 7/10 | 18.6x |
| 16 | Anhui Huaren Health Pharmaceutical Co., Ltd. (301408.SZ) | 7/10 | 8.3x |
| 17 | Shanghai Pioneer Holding Ltd (1345.HK) | 7/10 | 11.7x |
| 18 | TelyRx Holdings Inc. (TELY.TO) | 6/10 | n.d. |
| 19 | Sundrug Co.,Ltd. (9989.T) | 6/10 | 34.0x |
| 20 | Ain Holdings Inc. (9627.T) | 6/10 | 17.1x |
| 21 | Qomel Company Limited (9600.SR) | 6/10 | n.d. |
| 22 | Genky DrugStores Co., Ltd. (9267.T) | 6/10 | n.d. |
| 23 | Jianzhijia Pharmaceutical Chain Group Co., Ltd. (605266.SS) | 6/10 | 2.3x |
| 24 | Nahdi Medical Company (4164.SR) | 6/10 | 15.8x |
| 25 | Al-Dawaa Medical Services Company (4163.SR) | 6/10 | 5.7x |
| 26 | Tsuruha Holdings Inc. (3391.T) | 6/10 | 17.1x |
| 27 | COSMOS Pharmaceutical Corporation (3349.T) | 6/10 | n.d. |
| 28 | Alibaba Health Information Technology Limited (0241.HK) | 6/10 | 32.1x |
| 29 | Cachet Pharmaceutical Co., Ltd. (002462.SZ) | 6/10 | 2.6x |
| 30 | PT. Penta Valent Tbk (PEVE.JK) | 5/9 | n.d. |
| 31 | Scienture Holdings Inc (SCNX) | 5/10 | n.d. |
| 32 | Redcare Pharmacy NV (RDC.DE) | 5/10 | n.d. |
| 33 | Pomdoctor Limited (POM) | 5/10 | n.d. |
| 34 | Piu' Medical (PMED.MI) | 5/10 | n.d. |
| 35 | High Tide Inc (HITI) | 5/10 | 17.4x |
| 36 | Health X Platform Limited (HEALTHX.NS) | 5/10 | n.d. |
| 37 | YAKUODO HOLDINGS Co., Ltd. (7679.T) | 5/10 | n.d. |
| 38 | LBX Pharmacy Chain Joint Stock Company (603883.SS) | 5/10 | 3.6x |
| 39 | Medical System Network Co., Ltd. (4350.T) | 5/10 | n.d. |
| 40 | Satudora Holdings Co.,Ltd. (3544.T) | 5/10 | n.d. |
| 41 | Ohki Healthcare Holdings Co.,Ltd. (3417.T) | 5/10 | n.d. |
| 42 | Tycoon Group Holdings Limited (3390.HK) | 5/10 | 2.0x |
| 43 | Hunan Dajiaweikang Pharmaceutical Industry Co.,Ltd (301126.SZ) | 5/10 | n.d. |
| 44 | Cawachi Limited (2664.T) | 5/10 | 18.6x |
| 45 | Yixintang Pharmaceutical Group Co., Ltd. (002727.SZ) | 5/10 | 5.0x |
| 46 | PT Multi Medika Internasional Tbk (MMIX.JK) | 4/9 | 3126.1x |
| 47 | PT Ikapharmindo Putramas Tbk (IKPM.JK) | 4/9 | n.d. |
| 48 | Talea Group S.p.A. (TALEA.MI) | 4/10 | 104.7x |
| 49 | Petmed Express Inc (PETS) | 4/10 | n.d. |
| 50 | DocMorris AG (DOCM.SW) | 4/10 | n.d. |
| 51 | Dis-Chem Pharmacies Limited (DCP.JO) | 4/10 | 33.9x |
| 52 | Shanghai No.1 Pharmacy Co.,Ltd. (600833.SS) | 4/10 | 31.9x |
| 53 | Kusuri No Aoki Holdings Co., Ltd. (3549.T) | 4/10 | 153.0x |
| 54 | Create SD Holdings Co., Ltd. (3148.T) | 4/10 | 22.0x |
| 55 | Kingworld Medicines Group Limited (1110.HK) | 4/10 | 3.6x |
| 56 | Luyan Pharma Co.,Ltd. (002788.SZ) | 4/10 | 9.0x |
| 57 | Raia Drogasil S.A. (RADL3.SA) | 3/10 | 314.9x |
| 58 | Farmacosmo S.p.A. (COSMO.MI) | 3/10 | n.d. |
| 59 | Sichuan Hezong Medicine Easy-to-buy Pharmaceutical Co., Ltd. (300937.SZ) | 3/10 | n.d. |