Orthopedic, Prosthetic & Surgical Appliances & Supplies stocks: intrinsic value, ROIC & growth
24 U.S. orthopedic, prosthetic & surgical appliances & supplies companies with at least three years of SEC filings, ranked by size. 9 of the 13 with a current price trade below their Graham intrinsic value. The median company earned a 7.4% average return on invested capital and grew revenue 6.5% a year.
Updated October 18, 2026
24companies
9below Graham value
7.4%median 10-yr ROIC
6.5%median revenue CAGR
Most undervalued orthopedic, prosthetic & surgical appliances & supplies stocks
| Ticker | Company | Upside | Price | Graham value | Price vs value | Market cap | ROIC (10y) | Revenue CAGR |
|---|---|---|---|---|---|---|---|---|
| STE | Steris | +18% | $222.66 | $263.40 | 15% below | $22.0B | 6.9% | 9.6% |
| MSA | MSA Safety Inc | +16% | $179.05 | $207.24 | 14% below | $7.0B | 11.9% | 5.6% |
Highest-ROIC orthopedic, prosthetic & surgical appliances & supplies stocks
| Ticker | Company | 10-yr ROIC | Price | Graham value | Price vs value | Market cap | ROIC (10y) | Revenue CAGR |
|---|---|---|---|---|---|---|---|---|
| ALGN | Align Technology | 27.9% | $147.31 | $142.24 | 4% above | $10.7B | 27.9% | 15.8% |
| EW | Edwards Lifesciences | 23.2% | $86.60 | $38.68 | 124% above | $50.7B | 23.2% | 8.3% |
| ISRG | Intuitive Surgical | 15.3% | $426.70 | $261.41 | 63% above | $154.8B | 15.3% | 15.7% |
| MSA | MSA Safety Inc | 11.9% | $179.05 | $207.24 | 14% below | $7.0B | 11.9% | 5.6% |
| STE | Steris | 6.9% | $222.66 | $263.40 | 15% below | $22.0B | 6.9% | 9.6% |
| ZBH | Zimmer Biomet | 3.7% | $94.98 | $75.04 | 27% above | $18.9B | 3.7% | 0.8% |
All orthopedic, prosthetic & surgical appliances & supplies stocks
| Ticker | Company | Price | Graham value | Price vs value | Market cap | ROIC (10y) | Revenue CAGR |
|---|---|---|---|---|---|---|---|
| ISRG | Intuitive Surgical | $426.70 | $261.41 | 63% above | $154.8B | 15.3% | 15.7% |
| EW | Edwards Lifesciences | $86.60 | $38.68 | 124% above | $50.7B | 23.2% | 8.3% |
| STE | Steris | $222.66 | $263.40 | 15% below | $22.0B | 6.9% | 9.6% |
| ZBH | Zimmer Biomet | $94.98 | $75.04 | 27% above | $18.9B | 3.7% | 0.8% |
| ALGN | Align Technology | $147.31 | $142.24 | 4% above | $10.7B | 27.9% | 15.8% |
| MSA | MSA Safety Inc | $179.05 | $207.24 | 14% below | $7.0B | 11.9% | 5.6% |
| ESTA | ESTABLISHMENT LABS HOLDINGS INC. | $59.18 | — | — | $1.8B | -29.7% | 25.3% |
| AVNS | AVANOS MEDICAL, INC. | — | $12.28 | — | — | -4.0% | 2.4% |
| CDRE | Cadre Holdings, Inc. | $26.38 | — | — | $1.1B | 13.6% | 8.6% |
| ENOV | Enovis CORP | $19.59 | — | — | $1.1B | -3.7% | -5.2% |
| SMTI | Sanara MedTech Inc. | $33.16 | — | — | $285.9M | -123.4% | 38.5% |
| AVR | Anteris Technologies Global Corp. | $6.05 | $109.91 | 94% below | $223.3M | 970.6% | -29.2% |
| INGN | Inogen Inc | $6.25 | $17.37 | 64% below | $166.3M | -19.5% | 6.5% |
| LAKE | LAKELAND INDUSTRIES INC | $9.09 | $15.22 | 40% below | $87.5M | 7.4% | 9.3% |
| NTRB | NutriBand Inc. | $6.22 | — | — | $72.4M | 32983.6% | 17.3% |
| APT | ALPHA PRO TECH LTD | $5.55 | $6.02 | 8% below | $58.6M | 15.1% | 2.8% |
| SPAI | Safe Pro Group Inc. | $3.30 | $21.18 | 84% below | $55.8M | -635.8% | -18.7% |
| MYO | MYOMO, INC. | $1.20 | — | — | $50.2M | -7714.7% | 49.4% |
| MLSS | MILESTONE SCIENTIFIC INC. | $0.33 | — | — | $26.8M | -261.0% | -1.7% |
| COCH | Envoy Medical, Inc. | $0.67 | — | — | $15.5M | 135.4% | 0.6% |
| UEEC | United Health Products, Inc. | $0.05 | $0.39 | 87% below | $13.3M | 310.7% | -26.7% |
| LFWD | Lifeward Ltd. | $6.00 | $310.01 | 98% below | $7.0M | -681.3% | -14.7% |
| LGMK | LogicMark, Inc. | $1.30 | — | — | $773.4K | -271.1% | 4.4% |
| FEED | ENvue Medical, Inc. | $0.37 | — | — | $233.2K | 451.5% | 30.7% |
Stock lists
Undervalued Stocks Below Graham Intrinsic Value
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