Cochlear is the market leader in cochlear implants with a consistent share of roughly 60% across developed markets. Cochlear implants became the standard of care many years ago for children in developed markets with profound hearing loss or deafness. With this market segment largely penetrated, the company is looking elsewhere for growth with developed-market adults as the next primary focus and emerging-market children after that.
There are signs Cochlear is looking to expand beyond the hearing market with the investment in Nyxoah, a company focused on hypoglossal nerve stimulation therapy for the treatment of obstructive sleep apnea.
Growth in the cochlear implant market is becoming more costly to achieve, limiting the potential upside to earnings.
|
Metric
|
COH
|
DEMANT
|
SOON
|
|---|---|---|---|
Price/Earnings (Normalized) | 25.35 | 25.70 | 24.96 |
Price/Book Value | 4.90 | 5.89 | 5.69 |
Price/Sales | 3.63 | 2.69 | 4.14 |
Price/Cash Flow | 23.17 | 15.51 | 19.32 |
|
Metric
|
COH
|
DEMANT
|
SOON
|
|---|---|---|---|
Quick Ratio | 1.19 | 0.54 | 1.17 |
Current Ratio | 2.15 | 0.82 | 1.75 |
Interest Coverage | 16.43 | 6.70 | 23.14 |
|
Metric
|
COH
|
DEMANT
|
SOON
|
|---|---|---|---|
Return on Assets (Normalized) | 11.76% | 6.76% | 11.07% |
Return on Equity (Normalized) | 17.18% | 24.80% | 24.50% |
Return on Invested Capital (Normalized) | 15.41% | 9.75% | 16.97% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Abbott Laboratories
ABT
| LOCK|F!S%cH | LOCK|X@#m | $167B | |||
| Medtronic PLC
MDT
| LOCK|Y^LSt& | LOCK|?n?@ | $111B | |||
| Stryker Corp
SYK
| LOCK|FJZ>#^Y | LOCK|$& | $105B | |||
| Boston Scientific Corp
BSX
| LOCK|^DT%!!@ | LOCK|jf^& | $63B | |||
| Edwards Lifesciences Corp
EW
| LOCK|fXG%HR# | LOCK|p<&@ | $49B | |||
| DexCom Inc
DXCM
| LOCK|NHWkKfN | LOCK|w#ZT | $33B | |||
| GE HealthCare Technologies Inc Common Stock
GEHC
| LOCK|^#>#@W | LOCK|Y? | $29B | |||
| Koninklijke Philips NV ADR
PHG
| LOCK|HHS | LOCK|d^% | $23B | |||
| Steris PLC
STE
| LOCK|Fprjhc | LOCK|d&$Gr | $20B | |||
| Zimmer Biomet Holdings Inc
ZBH
| LOCK|gYqbVQD! | LOCK|#p& | $17B |
United States