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Cochlear LimitedASX:COH Stock Report

Market Cap AU$11.1b
Share Price
AU$169.79
AU$244.58
30.6% undervalued intrinsic discount
1Y-34.9%
7D-2.1%
Portfolio Value
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Cochlear Limited

ASX:COH Stock Report

Market Cap: AU$11.1b

Cochlear (COH) Stock Overview

Provides implantable hearing solutions for children and adults worldwide. More details

COH fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends2/6

COH Community Fair Values

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AU$210
FV
19.1% undervalued intrinsic discount
7.45%
Revenue growth p.a.
56
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1users have followed this narrative
AU$350
FV
51.5% undervalued intrinsic discount
14.36%
Revenue growth p.a.
59
users have viewed this narrative
0users have liked this narrative
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0users have followed this narrative

Cochlear Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Cochlear
Historical stock prices
Current Share PriceAU$169.79
52 Week HighAU$319.56
52 Week LowAU$160.00
Beta0.51
1 Month Change-2.25%
3 Month Change-36.77%
1 Year Change-34.95%
3 Year Change-31.61%
5 Year Change-24.35%
Change since IPO5,655.59%

Recent News & Updates

Recent updates

Cloud And R&D Investment Will Pressure Margins While Long Term Hearing Demand Supports Stability

Catalysts About Cochlear Cochlear develops and manufactures hearing implant systems for people with severe to profound hearing loss. What are the underlying business or industry changes driving this perspective?

Cochlear (ASX:COH) Has Affirmed Its Dividend Of A$2.15

Feb 16
Cochlear (ASX:COH) Has Affirmed Its Dividend Of A$2.15

Some Confidence Is Lacking In Cochlear Limited (ASX:COH) As Shares Slide 26%

Feb 15
Some Confidence Is Lacking In Cochlear Limited (ASX:COH) As Shares Slide 26%

Hearing Health Tailwinds And Cloud Capabilities Will Support Multi Year Earnings Expansion

Catalysts About Cochlear Cochlear develops and manufactures implantable hearing solutions for people with severe to profound hearing loss. What are the underlying business or industry changes driving this perspective?

Here's Why We Think Cochlear (ASX:COH) Might Deserve Your Attention Today

Feb 06
Here's Why We Think Cochlear (ASX:COH) Might Deserve Your Attention Today

Investors Shouldn't Overlook Cochlear's (ASX:COH) Impressive Returns On Capital

Jan 11
Investors Shouldn't Overlook Cochlear's (ASX:COH) Impressive Returns On Capital

Risks To Shareholder Returns Are Elevated At These Prices For Cochlear Limited (ASX:COH)

Nov 18
Risks To Shareholder Returns Are Elevated At These Prices For Cochlear Limited (ASX:COH)

Does Cochlear (ASX:COH) Deserve A Spot On Your Watchlist?

Oct 14
Does Cochlear (ASX:COH) Deserve A Spot On Your Watchlist?

We Think Cochlear (ASX:COH) Might Have The DNA Of A Multi-Bagger

Sep 28
We Think Cochlear (ASX:COH) Might Have The DNA Of A Multi-Bagger

Cochlear (ASX:COH) Is Due To Pay A Dividend Of A$2.15

Aug 26
Cochlear (ASX:COH) Is Due To Pay A Dividend Of A$2.15

Cochlear Limited's (ASX:COH) Shares May Have Run Too Fast Too Soon

Jul 16
Cochlear Limited's (ASX:COH) Shares May Have Run Too Fast Too Soon

Here's Why We Think Cochlear (ASX:COH) Might Deserve Your Attention Today

Jun 13
Here's Why We Think Cochlear (ASX:COH) Might Deserve Your Attention Today

Why You Should Care About Cochlear's (ASX:COH) Strong Returns On Capital

May 26
Why You Should Care About Cochlear's (ASX:COH) Strong Returns On Capital
User avatar

New Cochlear Implant Launch And Market Expansion Will Strengthen Future Prospects

Focus on adult and senior markets in developed countries could drive revenue and net margin growth through increased sales volume.

Shareholder Returns

COHAU Medical EquipmentAU Market
7D-2.1%-2.8%0.3%
1Y-34.9%-24.0%14.9%

Return vs Industry: COH underperformed the Australian Medical Equipment industry which returned -24% over the past year.

Return vs Market: COH underperformed the Australian Market which returned 14.9% over the past year.

Price Volatility

Is COH's price volatile compared to industry and market?
COH volatility
COH Average Weekly Movement6.5%
Medical Equipment Industry Average Movement11.0%
Market Average Movement10.5%
10% most volatile stocks in AU Market17.8%
10% least volatile stocks in AU Market4.5%

Stable Share Price: COH has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: COH's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19815,500Dig Howittwww.cochlear.com

Cochlear Limited provides implantable hearing solutions for children and adults worldwide. The company offers cochlear implant systems, sound processor upgrades, bone conduction systems, and other products. It also provides cochlear nucleus systems, including Nucleus sound processors, smart bimodal hearing solution, and Nucleus implants; cochlear Baha systems comprising Baha 6 max sound processor and Baha implant; and accessories, such as wireless devices and Nucleus water-safe accessories.

Cochlear Limited Fundamentals Summary

How do Cochlear's earnings and revenue compare to its market cap?
COH fundamental statistics
Market capAU$11.10b
Earnings (TTM)AU$345.30m
Revenue (TTM)AU$2.34b
32.2x
P/E Ratio
4.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
COH income statement (TTM)
RevenueAU$2.34b
Cost of RevenueAU$636.90m
Gross ProfitAU$1.70b
Other ExpensesAU$1.36b
EarningsAU$345.30m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Aug 18, 2026

Earnings per share (EPS)5.28
Gross Margin72.76%
Net Profit Margin14.77%
Debt/Equity Ratio0.7%

How did COH perform over the long term?

See historical performance and comparison

Dividends

2.5%
Current Dividend Yield
81%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/16 23:45
End of Day Share Price 2026/04/16 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cochlear Limited is covered by 25 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Saul HadassinBarrenjoey Markets Pty Limited
Stuart RobertsBell Potter
Elisabeth Decou CliveBernstein