We transfer coverage of ResMed, one of the largest respiratory care device companies globally. It primarily sells flow generators and masks for the treatment of sleep apnea. Demand is underpinned by increasing awareness and diagnosis of sleep apnea, and aging populations.
The long-term growth opportunity for respiratory homecare devices is sizable as both developed and emerging markets are still significantly underpenetrated.
Market share gains from Philips’ product recall may be limited as affected customers can wait for a replacement unit, purchase an alternative Philips product, and ResMed’s supply chain may be constrained.
|
Metric
|
RMD
|
PHIA
|
FPH
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.20 | 14.67 | 46.51 |
Price/Book Value | 4.38 | 1.90 | 10.32 |
Price/Sales | 5.19 | 1.24 | 9.52 |
Price/Cash Flow | 15.14 | 8.98 | 33.12 |
|
Metric
|
RMD
|
PHIA
|
FPH
|
|---|---|---|---|
Quick Ratio | 2.00 | 0.79 | 1.59 |
Current Ratio | 3.01 | 1.32 | 2.31 |
Interest Coverage | — | 4.98 | 61.51 |
|
Metric
|
RMD
|
PHIA
|
FPH
|
|---|---|---|---|
Return on Assets (Normalized) | 19.09% | 5.57% | 17.34% |
Return on Equity (Normalized) | 25.91% | 13.59% | 23.25% |
Return on Invested Capital (Normalized) | 22.35% | 8.67% | 21.70% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Intuitive Surgical Inc
ISRG
| Gwcpqkvlv | Gpz | $149B | |||
| Becton Dickinson & Co
BDX
| Lhfw | Hyctmtm | $42B | |||
| Alcon Inc
ALC
| Vqtgzrgk | Vyzlxy | $33B | |||
| Medline Inc Ordinary Shares - Class A
MDLN
| Kmrnmjgr | Lqmvrmw | $28B | |||
| West Pharmaceutical Services Inc
WST
| Ycgxxbggr | Yfls | $22B | |||
| Solventum Corp
SOLV
| Llnmmppc | Rmg | $14B | |||
| The Cooper Companies Inc
COO
| Hsmykmjz | Qhyzgxc | $13B | |||
| Align Technology Inc
ALGN
| Zlwjdnkcw | Ngcdz | $12B | |||
| Baxter International Inc
BAX
| Zqlq | Gvrszhs | $10B |
/author-service-images-prod-us-east-1.publishing.aws.arc.pub/morningstar/79d597a6-6341-410f-b80b-7eb125fc79e8.png)
United States