Healius Ltd
HLS: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| — | — | — | LOCK|FCl@Pcv |
Healius: Market Comforted by Detail on Margin Recovery
No-moat Healius detailed its strategy to expand group EBIT margins to high single digits by June 2027. We leave our AUD 2.20 per share fair value estimate and earnings forecasts broadly unchanged. We forecast a group EBIT margin of 7% in fiscal 2027 and anticipate the firm expanding this further to 10% by fiscal 2034.
