Sonova Holding AG
SOON: XSWX (CHE)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CHF 243.00 | Gtnyqt | Klzsltkh |
Sonova Guides to a Strong Recovery in Fiscal 2021-22 After Second Half Sees Growth
We anticipate a modest increase to our fair value estimate for narrow-moat Sonova as we update our model following the release of fiscal 2020-21 results. Hearing industry is starting to slowly recover as older at-risk individuals, which comprise a sizable portion of the industry’s client base, get vaccinated. All Sonova’ segments saw growth in local currencies year over year in the second half.