Cochlear Ltd
COH: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|R? | LOCK|n@^ | LOCK|Q>bs%f>h |
Cochlear Earnings: Shares Are Overvalued as Demand for Upgrades Softens
Cochlear's fiscal 2025 underlying net profit after tax grew just 1% to AUD 392 million, with revenue up 3% and margins contracting due to a sales mix shift to lower-margin emerging markets. Fiscal 2026 underlying NPAT guidance implies 8% growth at the midpoint.
