RESMED INC (RSMDF)

Surgical & Medical Instruments & Apparatus

Latest Price

TTM P/E

Normalized P/E

Div Yield

Book Value

P/B Ratio

Valuation metrics

EPS: $10.43

Book value / share: $45.66

Formula: √(22.5 × EPS × BVPS)

Graham Number

$103.51

Norm. op. income: $1.1B (median of 7yr)

Tax rate: 19%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$69.29

Base FCF: $1.3B (median of recent 5yr)

Growth: 12%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$267.00

EPS: $10.43

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$156.45