Cochlear Share Price and Company Fundamentals
Last traded: Yesterday at 5:10 AM
Cochlear Limited provides implantable hearing solutions for children and adults worldwide. It offers cochlear implant systems, sound processor upgrades, bone conduction systems, accessories, and other products. The company was founded in 1981 and is headquartered in Sydney, Australia.
Key Metrics
PE ratio
57.53
PB ratio
8.77
Dividend yield
0.63%
Beta
0.45
Market cap
-
Enterprise value
-
Company profile
| Primary activities | Manufacture and sale of Cochlear implant systems. |
|---|---|
| Industry / Sector | Medical Devices / Healthcare |
| Full time employees | 4500 |
| Website | https://www.cochlear.com |
| Mailing address | 1 University Avenue Macquarie University Sydney NSW 2109 Australia |
| Phone / Fax | 61 2 9428 6555 / 61 2 9428 6353 |
| Share registry | COMPUTERSHARE INVESTOR SERVICES PTY LIMITED |
Dividends
More: Cochlear Dividend history, yield and payout ratio
Dividend yield
0.63%
Dividend amount
$1.45
Payout ratio
75.47%
Cochlear paid $1.45 dividend and the ex-dividend date was 21 Mar 2023.The dividend payout ratio is 75.47%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.COH dividend payout ratio is between 70-90%. The lower dividend payout ratio is preferrable since it provides company margin to grow the dividends in future.
COH's forward dividend amount is $3.1 and the forward dividend yield is 1.31%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Apr 2023, following are the company executives and directors listed on Cochlear.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Diggory William Howitt BE (Hons), MBA | CEO, MD, Pres & Exec. Director | 55 | 3.88M |
| Mr. Stuart Sayers | Chief Financial Officer | 1.47M | |
| Mr. Jan Janssen MSc Elec Eng | Chief Technology Officer | 56 | 1.63M |
| Mr. Anthony Bishop | Pres of Asia Pacific & Latin America | 1.22M | |
| Ms. Lisa Aubert | Pres of North America | 973k | |
| Mr. Richard Brook MBA | Pres of EMEA | 1.82M | |
| Ms. Karen O'Driscoll | Chief Information Officer | ||
| Ms. Kristina Devon | VP of Investor Relations | ||
| Ms. Jennifer Stevenson | VP of Corp. Communications & Brand | ||
| Mr. Dean Phizacklea | Sr. VP of Global Strategic Marketing |
Profitability and management effectiveness
Profit margin
15.26%
Operating margin
20.80%
Return on assets
9.09%
Return on equity
15.17%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Cochlear is and its enterprise value is .
The COH's stocks Beta value is 0.45 making it 55% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Cochlear (ASX:COH) Frequently Asked Questions
1. What is Cochlear's Stock Symbol?
Cochlear trades on ASX under the ticker symbol "COH".
2. What is Cochlear's stock price today?
One share of COH stock can currently be purchased for approximately $236.69.
3. How can I contact Cochlear?
Cochlear's mailing address is 1 University Avenue Macquarie University Sydney NSW 2109 Australia. The company can be reached via phone at 61 2 9428 6555.
4. What is Cochlear's official website?
The official website of Cochlear is https://www.cochlear.com.
5. Which share registry manages Cochlear's stock?
Cochlear's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.