CochLear Ltd. Unsponsored ADR CHEOY

 — 
49.90 0.11 0.22% as of 25 Sep
Market cap
—
P/E
—
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership —

Capital & Financial Ratios

Market Cap —
Revenue —
Net Income 485.84
Free Cash Flow 416.50
Net Debt (113.36)
Current Ratio 2.46
Debt/Equity 0.01
P/E ratio —
P/S ratio —
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2026 1.16
0.69
0.47
2025 1.37
0.68
0.69
2024 1.35
0.65
0.70
2023 1.10
0.53
0.57
2022 1.06
0.56
0.50
2021 0.96
0.45
0.52
2020 0.51
0.51
2019 1.15
0.55
0.60
2018 1.13
0.55
0.58
2017 1.04
0.49
0.55
2016 0.88
0.42
0.46
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 2026
Cash 374 337 179 127
Receivables 295 322 379 361
Inventory 210 257 323 333
Other 2 5 4 16
917 952 918 882
2023 2024 2025 2026
Payables 182 199 193 184
ST’ Debt — — — —
Other 127 133 100 140
389 414 390 410
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 6.82% 6.69% 6.92%
Cash Flow — — 0.79%
Earnings (3.15%) (16.84%) (20.95%)
Book Value — — 0.11%

Revenue

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — — 1,593
’25 — — — — 1,517
’24 — — — — 1,466
’23 — — — — 1,303
’22 — — — — 1,196
’21 — — — — 1,153
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — 90 250
’25 — 154 — 72 154
’24 — 255 — 102 255
’23 — 244 — — 244
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — 63 188
’25 — 98 — 43 87
’24 — 204 — 75 196
’23 — 195 — — 179
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 1.92
’24 — — — — 1.79
’23 — — — — 1.54
’22 — — — — 1.59
’21 — — — — 1.91
’20 — — — — (1.34)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
44.03 56.58 59.49 43.94 68.00 57.62 67.27 89.39 74.76 31.82

Analyst estimates 2027–2029

Powerpack
Low Price
69.76 79.66 80.70 85.55 94.21 88.50 102.66 115.85 105.60 98.29
High Price
— — — — — 4,500 4,800 5,155 5,500 —
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
945 1,057 1,020 887 1,153 1,196 1,303 1,466 1,517 1,593
Revenue
100.00% 100.00% 100.00% 100.00% 100.00% 75.07% 74.79% 74.86% 73.74% 70.69%
Gross Margin
945 1,057 1,020 887 1,153 286 267 318 336 145
EBT
100.00% 100.00% 100.00% 100.00% 100.00% 23.89% 20.48% 21.69% 22.13% 9.11%
EBT Margin
0 0 0 0 0 210 202 234 252 100
Net Income
— — — — — 53 54 56 59 72
Depreciation
8.24 9.19 8.84 7.43 8.78 9.09 9.91 11.19 11.59 12.18
Revenue/Sh
1.47 1.66 1.72 (1.34) 1.91 1.59 1.54 1.79 1.92 —
Earnings/Sh
0.00 0.00 0.00 0.00 0.00 2.08 1.85 1.95 1.18 1.91
Cash Flow/Sh
0.00 0.00 0.00 0.00 0.00 (0.43) (0.49) (0.45) (0.51) (0.47)
Capex/Sh
0.00 0.00 0.00 0.00 0.00 1.65 1.36 1.50 0.67 1.44
Free CF/Sh
0.00 0.00 0.00 0.00 0.00 9.30 8.95 9.21 9.65 9.03
Book Value/Sh
115 115 115 119 131 132 132 131 131 131
Shares
— — — — — — — — — —
PE Ratio
— — — — — — — — — —
PS Ratio
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PB Ratio
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EV/Sales
0.00 0.00 0.00 0.00 0.00 0.00 0.00 (0.42) (0.34) (0.20)
EV/FCF
— — — — — 273 244 255 154 250
Op' Cash Flow
— — — — — (56) (65) (59) (66) (62)
Capex
— — — — — 217 179 196 87 188
FCF
— — — — — 580 527 538 527 472
Working Cap'
— — — — — 31 — — — —
Total Debt
— — — — — (426) (374) (337) (179) (127)
Net Debt
— — — — — 1,223 1,177 1,207 1,263 1,181
Sh' Equity
0.00% 0.00% 0.00% 0.00% 0.00% 23.46% 11.51% 13.26% 13.88% 5.56%
ROA
0.00% 0.00% 0.00% 0.00% 0.00% 22.75% 20.40% 22.37% 19.33% 8.73%
ROIC
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 16.86% 19.63% 20.39% 8.18%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Jun 2026

CochLear Ltd. Unsponsored ADR (CHEOY) key facts

  • CochLear Ltd. Unsponsored ADR’s revenue for fiscal 2026 (year ended June 2026) was AUD 1.6 billion, up 5.00% from fiscal 2025.
  • Net income was AUD 100.0 million, or AUD 1.92 per share (basic), a net margin of 6.27%.
  • Return on equity was 8.18% and debt-to-equity 0.01.

Source: company filings (standardised) and stockrow calculations.

CochLear Ltd. Unsponsored ADR (CHEOY) Latest News

News by impact score

Fine-tune

22 Sep

3

CHEOY's Cochlear Ltd. announced a total dividend of $0.47 per share, with an ex-dividend date of 2026-09-22 and a cash payout on 2026-11-03. The company has a long dividend history with bi-annual payments since 2010. GuruFocus shows a 12-month trailing yield of 2.86% and a forward yield of 2.43%. Dividend growth has been strong: 3-year average ~12.7% per year, 5-year ~25.4% per year, and 10-year ~6.6%. Five-year yield-on-cost is about 8.9%. However, the payout ratio stands at 1.99 as of 2026-06-30, suggesting potential sustainability issues. Profitability ranks 8/10; growth ranks 8/10. Revenue per share growth ~6.9% annually; 3-year EPS growth is negative (~-21% per year); 5-year EBITDA growth ~-7.9%. The piece flags dividend sustainability concerns despite revenue growth and market leadership, urging monitoring of earnings and capital allocation. Payout ratio above 1 and declining earnings trends threaten dividend sustainability despite solid revenue growth and market position.

18 Aug

3 transcript

Cochlear Ltd FY2026 earnings call highlights strategies for navigating market headwinds with Nexa. Earnings update covers operational challenges and new approaches affecting performance outlook.

13 Jul

4

Cochlear introduces the new Osia 3 Sound Processor. New core product launch can drive revenue growth and strengthen competitive position in hearing implants.

22 Apr

4

Cochlear Ltd. shares plunged 39% after the company slashed its profit guidance. Profit guidance cut caused 39% share plunge, signaling significant negative impact on financial performance and investor sentiment.

2 Mar

4

Cochlear launches the world's first and only smart hearing implant system in India on World Hearing Day. Launching the pioneering smart hearing implant system in India expands access to a massive emerging market and highlights technological leadership.

13 Feb

3

Cochlear Ltd reported its half-year earnings for 2026, highlighting challenges in the market and operational adjustments. The company is navigating supply chain issues and competitive pressures while focusing on innovation and customer engagement. Despite these hurdles, Cochlear remains committed to its growth strategy and aims to enhance its product offerings to maintain market leadership. Operational challenges and strategic adjustments may moderately influence financial performance and competitive positioning.

4 Feb

3

Cochlear Limited's valuation has raised concerns among investors regarding whether they are overpaying for the company's shares. Analysts are questioning the sustainability of Cochlear's growth and profitability in light of recent market trends and competitive pressures. The company's financial metrics suggest that its stock may be overvalued compared to its peers, prompting a reevaluation of its investment appeal. Investors are advised to consider these factors before making decisions. Concerns about valuation and growth sustainability may moderately influence investor sentiment and financial performance.

8 Jan

4

Cochlear Ltd. has announced the availability of its Nucleus Nexa System for U.S. military veterans, enhancing access to advanced hearing solutions for this demographic. The system is designed to improve the quality of life for veterans with hearing loss, providing them with state-of-the-art technology to better engage in communication and social interactions. This initiative underscores Cochlear's commitment to supporting veterans and expanding its market reach within the healthcare sector. The introduction of the Nucleus Nexa System for U.S. military veterans represents a significant strategic move that could enhance market positioning and investor sentiment.

7 Dec

3

Cochlear Ltd. is being considered for a watchlist due to its potential growth and market position. Analysts are evaluating its recent performance and future prospects, particularly in the context of advancements in hearing technology and increasing demand for hearing solutions. The company's strategic initiatives and market dynamics are also under scrutiny as investors assess whether now is the right time to invest. Cochlear's growth potential and market dynamics may moderately influence its financial performance and competitive positioning.

19 Oct

4

Cochlear Limited (ASX:COH) is being evaluated for its strong financial prospects, which may suggest that the market's current perception could be misaligned with the company's potential. Analysts are considering factors such as revenue growth, profitability, and market position, indicating that the company's fundamentals may support a more favorable outlook than what is currently reflected in its stock price. Investors are encouraged to reassess Cochlear's value based on these financial indicators. Strong financial prospects could significantly alter investor sentiment and the company's market trajectory.

2 Oct

4

Cochlear Limited (ASX:COH) has garnered significant interest from institutional investors, who collectively own 57% of the company. This strong institutional backing highlights confidence in Cochlear's business model and growth potential, positioning it favorably in the market. The substantial institutional ownership indicates strong investor confidence, which could significantly influence market performance and future growth.

18 Sep

4

Cochlear Ltd. has demonstrated a trend of high returns, attracting significant interest from investors. The company's performance in the hearing implant market has been strong, with innovative products and a solid growth strategy contributing to its success. Analysts are optimistic about Cochlear's future prospects, highlighting its competitive positioning and potential for continued expansion in the healthcare sector. Cochlear's strong performance and growth strategy indicate significant potential for future market impact.

11 Sep

3

Laborie has appointed Chris Smith as the new Chief Executive Officer, succeeding the previous CEO. Smith brings extensive experience in the medical technology sector and is expected to drive the company's growth and innovation strategies. His leadership is anticipated to enhance Laborie's market position and operational effectiveness. Leadership changes can moderately influence company performance and strategic direction.

2 Sep

4

Cochlear Ltd. has delivered a notable 64% return to its investors over the past five years, reflecting strong performance and growth in the hearing implant market. The company's innovative products and strategic initiatives have contributed to this positive trajectory, enhancing its competitive position in the industry. Investors are likely to view this return favorably, indicating confidence in Cochlear's long-term prospects. The significant return over five years suggests strong market performance and investor confidence, indicating potential for continued growth.

15 Aug

3

Cochlear Ltd. reported its full-year 2025 earnings, which fell short of market expectations. The company's revenue and profit figures were below forecasts, raising concerns among investors about its future performance. Factors contributing to the earnings miss include increased competition and challenges in product innovation. As a result, the stock experienced a decline in after-hours trading, reflecting negative market sentiment towards the company's outlook. Earnings miss indicates potential challenges in financial performance and product innovation.

8 Aug

3

Cochlear Limited (ASX:COH) investors are questioning whether the current stock price exceeds its intrinsic value. Analysts suggest that the company's strong market position and growth potential may justify the premium, but concerns about valuation persist. Investors are advised to consider both the company's fundamentals and market conditions before making decisions. Valuation concerns may moderately influence investor sentiment and financial performance.

9 Jul

3

ANIXA BIOSCIENCES INC (ANIX) has gained 35.4% year-to-date, outperforming the Medical sector, which has lost 4.1%. CochLear Ltd. Unsponsored ADR (CHEOY) has also outperformed the sector with a 9.6% return. ANIX has a Zacks Rank of #2 (Buy) and its earnings estimate has increased by 7.3%. CochLear has a Zacks Rank of #1 (Strong Buy) with an 8.5% increase in its earnings estimate. Both companies are expected to maintain solid performance in the Medical stocks sector. CochLear's performance and positive earnings estimate revisions indicate a moderately noticeable influence on its future market performance.

8 Jul

4

Cochlear Ltd. has launched the world's first and only smart cochlear implant system, designed to enhance the hearing experience for users. This innovative system integrates advanced technology, allowing users to connect seamlessly with their devices and access a range of features that improve sound quality and personalization. The launch marks a significant milestone in auditory technology, positioning Cochlear as a leader in the market for hearing solutions. The introduction of a groundbreaking smart cochlear implant system is likely to significantly impact Cochlear's market position and investor sentiment.

30 Jun

4

Cochlear Ltd. has reported its earnings, highlighting a strong performance driven by increased sales of its hearing implants. The company has seen growth in both revenue and profit margins, attributed to innovative product launches and expanding market presence. Analysts suggest that Cochlear's strategic initiatives and focus on research and development position it well for future growth. However, potential challenges include competition and market fluctuations that could impact its performance. Investors are advised to monitor these developments closely. Significant growth in revenue and profit margins indicates a strong future trajectory for Cochlear Ltd.

2 Jun

4

Cochlear Ltd. has launched the Baha® 7 Sound Processor and Baha SoundBand™, enhancing its offerings in bone conduction hearing solutions. The Baha 7 Sound Processor features advanced technology for improved sound quality and connectivity, while the Baha SoundBand™ provides a comfortable and discreet option for users. These innovations aim to improve the user experience and expand Cochlear's market presence in the hearing solutions sector. The introduction of new products like the Baha 7 Sound Processor and Baha SoundBand™ is likely to significantly impact Cochlear's market positioning and financial performance.

26 Apr

3

Cochlear (ASX:COH) has seen a 16% decline in its share price over the past three months, but its strong financials, particularly a 20% return on equity (ROE) and a 31% net income growth over five years, suggest potential for long-term value increase. The company's ROE is significantly higher than the industry average of 9.9%, and despite a high payout ratio of 73%, it has maintained impressive earnings growth. Analysts predict a future ROE of 26% with a stable payout ratio of 69%. However, earnings growth is expected to slow down according to current estimates. Cochlear's strong financial performance and growth metrics indicate a moderately noticeable influence on its future market performance.

12 Apr

3

Cochlear Limited's stock has dropped 4.0%, compounding its losses for the year. This decline has raised concerns among institutional investors, who may consider taking significant actions in response to the company's performance. The ongoing downturn could lead to increased scrutiny and potential shifts in investment strategies as stakeholders reassess their positions. The stock decline may moderately influence investor sentiment and financial performance but is not expected to fundamentally alter the company's trajectory.

29 Mar

4

Cochlear Ltd. is focusing on reinvestment strategies aimed at enhancing its value and market position. The company plans to allocate resources towards innovation and product development, which is expected to strengthen its competitive edge in the hearing implant market. This strategic move is anticipated to yield significant returns and improve overall financial performance in the long term. Reinvestment in innovation and product development is likely to significantly impact Cochlear's competitive positioning and future market performance.

15 Mar

3

Cochlear Limited (ASX:COH) will increase its dividend to A$2.15, yielding 1.6% of the current stock price. Despite this increase, the company has a history of high payout ratios, with dividends previously exceeding cash flows. Earnings per share are forecasted to rise by 50.3% next year, potentially lowering the payout ratio to 52%. However, Cochlear's earnings have been flat over the past five years, raising concerns about the sustainability of future dividends. The company has a mixed dividend history, having cut payments in the past, leading to caution regarding its reliability as an income stock. Cochlear's dividend increase and earnings forecast suggest moderate influence on financial performance, but historical payout issues raise sustainability concerns.

3 Mar

4

Cochlear has been named the most trustworthy healthcare company in the world by Newsweek in its 2024 rankings, highlighting its commitment to excellence and customer-centricity. The ranking was based on evaluations from over 70,000 participants, showcasing Cochlear's strong reputation in the healthcare industry. CEO Dig Howitt emphasized the company's focus on customer service, support, and initiatives to raise awareness about hearing loss. Since 1981, Cochlear has helped over 700,000 people hear across 180 countries and continues to invest significantly in research and development to innovate in hearing solutions. Recognition as the most trustworthy healthcare company can significantly enhance Cochlear's brand reputation and investor sentiment.

1 Mar

3

Cochlear Ltd. reported that its earnings growth rate has not kept pace with the 6.1% compound annual growth rate (CAGR) delivered to shareholders. This discrepancy raises concerns about the company's financial performance and future growth potential, as investors may seek better returns elsewhere. The company's ability to innovate and compete effectively in the market will be crucial for improving its earnings trajectory. Earnings growth lagging behind shareholder returns indicates potential challenges in financial performance and market positioning.

15 Feb

3

Cochlear Ltd. reported first half 2025 revenues of AU$1.17 billion, a 6.7% increase from the previous year, but fell short of analyst estimates by 2.6%. Net income rose to AU$205.1 million, with an EPS of AU$3.13. Despite a forecasted revenue growth of 9.0% annually over the next three years, this is below the 11% growth expected for the Australian Medical Equipment industry. Shares have declined 15% in the past week. Revenue growth below industry expectations may moderately influence investor sentiment and financial performance.

14 Feb

3

Cochlear Ltd (CHEOF) reported a 6% increase in net sales in constant currency, driven by a 13% rise in Cochlear implant revenue and a 22% increase in Acoustics revenue. Underlying net profit rose 7% to $206 million, while services revenue declined by 12%. The company maintained a gross margin of 75% but faced a 10% increase in operating expenses. Cash reserves decreased to $383 million due to inventory buildup for new product launches. An 8% dividend increase to $2.15 was announced. Guidance for the year is expected at the lower end of $410 million to $430 million, with challenges in emerging markets and service revenue impacting outlook. The company's revenue growth and profit increase indicate moderate positive influence, but challenges in services revenue and emerging markets may limit overall impact.

7 Feb

3

Cochlear Limited (ASX:COH) is estimated to be 25% overvalued with a projected fair value of AU$247 compared to its current share price of AU$310. Analysts have set a price target of AU$299, indicating a 21% upside from the fair value estimate. A discounted cash flow (DCF) analysis suggests the intrinsic value per share is lower than the market price, highlighting potential overvaluation. The company is currently debt-free but has underperformed in earnings growth compared to the Medical Equipment industry. Future revenue growth is expected to outpace the Australian market, though earnings growth is forecasted to lag behind. Investors are advised to consider various factors, including financial health and future earnings, before making decisions. The analysis indicates a moderate overvaluation, which may affect investor sentiment and financial performance.

21 Jan

4

Cochlear Ltd. has demonstrated strong earnings growth, meeting key performance indicators and expectations. The company continues to innovate and expand its product offerings, which has positively influenced its market position. Analysts highlight Cochlear's robust financial health and strategic initiatives that are likely to drive future growth. Overall, the outlook for Cochlear remains positive as it capitalizes on market opportunities. Cochlear's strong earnings growth and strategic initiatives are expected to significantly impact its future performance and market position.

stockrow.com/CHEOY · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com