AllAnalyst Report
logoMorningstarJanuary 28, 2022

ResMed Inc.: ResMed Limited by Supply Chain Constraints but We Expect They Will Be Alleviated; FVE Unchanged

Symbols
RMD
Sector(s)
Healthcare
Rating
Current Price
$218.06
Fair Value
Economic Moat
Stewardship
Summary

ResMed is one of the largest respiratory care device companies globally, primarily developing and supplying flow generators, masks and accessories for the treatment of sleep apnea. Increasing diagnosis of sleep apnea combined with ageing populations and increasing prevalence of obesity is resulting in a structurally growing market. The company earns roughly two thirds of its revenue in the Americas and the balance across other regions dominated by Europe, Japan and Australia. Recent developments and acquisitions have focused on digit

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