RMD

NYSE

RESMED INC

Health Care, Health Care Equipment

$211.94

close 7 Aug 2026

-25.46%

52-week change

$30.74B

market cap

$180.27

$293.81

52-week range

Expected price

$300.13 – $366.82

Current price

$211.94

Signal

Could be undervalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)20.44x

P/S (TTM)5.55x

P/B4.74x

EV/EBITDA (TTM)14.08x

FCF yield (TTM)5.71%

PEG (TTM, GAAP)0.95

Context

P/E, own 5-year average36.61x

P/E, sector median29.65x*

Price at 5-year median P/E$333.98*

Indicated dividend yield1.13%

Forward — analyst consensus

Forward P/E (FY2027)17.53x*

Forward P/E (FY2028)16.08x

Forward PEG1.95*

Consensus EPS FY2027 (9 analysts)$12.09

EPS growth (FY2027→FY2028)9.01%

Revenue growth (FY2027)2.59%

Street view

Price target (mean)$248.33*

Target upside17.17%

Ratings (buy / hold / sell)7 / 10 / 1

FY2027 EPS revisions, 30d (up / down)0 / 2

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 31 Mar 2026, filed 1 May 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +18.64%10Y CAGR +17.88%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$211.94

Cash & equivalents$1.66B

Total debt$664.93M

Shares outstanding145.04M

Result

DCF price per share$793.92

Current price$211.94

Margin of safety+274.60%

PV of years 1–10$30.49B

PV of terminal value$83.66B

Equity value$115.15B

Market-implied growth+1.29%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$2.08B	$2.47B	$2.93B	$3.48B	$4.12B	$4.89B	$5.80B	$6.89B	$8.17B	$9.69B	$180.62B
PV	$1.93B	$2.12B	$2.33B	$2.55B	$2.81B	$3.08B	$3.39B	$3.72B	$4.09B	$4.49B	$83.66B

period to 31 Mar 2026, filed 1 May 2026, close 7 Aug 2026