DEMANT.CO

Strong BuyPremium GrowerAI neutral

Demant A/S · Healthcare · Denmark · $10.0B

DKK 319.20 +1.7% · close 5 Oct · scored 7 Oct

Premium Grower: Strong business with the market behind it, priced at a premium.

82
StockRank
Get score and insider alerts
Quality
63
Value
42
Momentum
71

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
27.3x
peers 14.6x
ROE
23.3%
peers 15.9%
D/E
1.8x
peers 0.4x
Dividend %
—
trailing yield
AI CONVICTION THESIS

Demant is one of the few global hearing aid makers, with brands such as Oticon, plus a hearing care clinic network. The industry is consolidated, and demand grows steadily with an ageing population, which gives it a durable position. Forward earnings estimates were cut by about 1% in the past four weeks, the business carries meaningful debt, and competitors keep launching new products. We see no macro catalyst that makes the risk-reward unusually attractive now.

ABOUT DEMANT A/S

Read

Demant A/S is a global hearing healthcare group engaged in the development, manufacture, and sale of hearing aids, cochlear implants, and diagnostic instruments, alongside operating a large hearing care retail chain. The company's competitive advantage stems from its integrated value chain, robust R&D, and portfolio of strong brands like Oticon, establishing it as a "Big 5" player in the industry.

FINANCIAL SUMMARY (DKK)

Year20212022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue—19.7B21.6B22.4B23.0B5.2%24.8B26.3B28.0B10.5%
EPS (DKK)10.709.218.0410.997.33-9.0%11.559.0110.4319.3%
Shares—223.2M220.6M213.0M210.9M-5.5%210.9M———
Debt—15.1B14.5B15.7B21.0B11.7%20.4B———
Equity—8.6B9.3B9.6B9.8B4.8%————
Op CF—2.6B4.5B4.1B3.9B13.7%3.9B———
Inv CF—-3.3B-1.8B-1.8B-7.0B—————
Fin CF—934.0M-2.4B-2.2B3.3B—————
Loading 1Y...
PRICE (1Y) · DKK+11.2%
28429430331232121 Aug15 Sep5 Oct
SMA 50SMA 200

Price checkExperimental
SwingsAverage

Calmer than 65% of stocks we rank over the past year (33% a year).

How this is worked out

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
DKK 319.20
RSI (14)
71.4
52-Week Range-0.6% from high
Low DKK 175.00High DKK 321.20

SCORE BREAKDOWN

Quality
63
ROIC
11.5%74.8
ROE
23.3%91.1
GP/Assets
48.1%85.7
Op. Margin
16.5%78.4
FCF/Assets
7.7%80.6
Piotroski
430.9
Int. Cover
6.6x55.4
D/E Ratio
1.79x6.5
Current Ratio
0.82x6.5
Value
42
P/E (TTM)
27.3x42.6
EV/EBITDA
17.1x40.6
P/FCF
22.1x56.1
P/B
5.9x22.1
P/S
2.7x59.1
Div Yield
—N/A
Momentum
71
52W High %
99%98.9
RS 6M
54%91.6
SMA 50/200
1.22x90.1
EPS Rev 4W
-3.1%14.8
EPS Rev 12W
+4.3%78.9
EPS Improve
+39%47.2
Q Growth
6%43.9

FUNDAMENTALS

Market Cap
$10.0B
P/E (Forward)
19.7x
Gross Margin
76.3%

SECTOR PEERS

Closest peers in Healthcare, ranked by industry match, size, and score similarity. Cross-listings of DEMANT.CO are excluded.

TickerCompanyMkt CapStockRankSignal
DEMANT.CODemant A/S(you)$10.0B82Strong Buy
GN.COGN Store Nord A/S$2.4B74Buy
CHEMM.COChemoMetec A/S$1.4B87Strong Buy
AMBU-B.COAmbu A/S$2.7B61Hold
CBHD.DEColoplast A/S$14.3B73Buy
ALK-B.COALK-Abelló A/S$6.7B72Buy
GMAB.COGenmab A/S$21.5B75Buy
HLUN-B.COH. Lundbeck A/S$6.6B99Strong Buy
ZEAL.COZealand Pharma A/S$2.8B83Strong Buy
ASNDAscendis Pharma A/S$14.7B58Hold

Peer medians: ROE 15.9% · P/E 14.6x · Gross margin 82.0%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

Demant A/S (DEMANT.CO): Stock Score Summary

Demant A/S (DEMANT.CO) has a MoatMap StockRank of 82/100 based on Quality (63/100), Value (42/100), and Momentum (71/100) factor scores. The current signal is STRONG BUY. Demant is one of the few global hearing aid makers, with brands such as Oticon, plus a hearing care clinic network. The industry is consolidated, and demand grows steadily with an ageing population, which gives it a durable position. Forward earnings estimates were cut by about 1% in the past four weeks, the business carries meaningful debt, and competitors keep launching new products. We see no macro catalyst that makes the risk-reward unusually attractive now.

Demant A/S is a global hearing healthcare group engaged in the development, manufacture, and sale of hearing aids, cochlear implants, and diagnostic instruments, alongside operating a large hearing care retail chain. The company's competitive advantage stems from its integrated value chain, robust R&D, and portfolio of strong brands like Oticon, establishing it as a "Big 5" player in the industry.

Key Financial Metrics

PriceDKK 319.20
Market Cap$10.0B
P/E (TTM)27.33
P/E (Forward)19.70
Price/Book5.89
Return on Equity23.3%
Return on Invested Capital11.5%
Debt/Equity1.79x
Gross Margin76.3%
Operating Margin16.5%
Revenue Growth14.8%
Free Cash Flow$451M

Demant A/S operates in the Medical Devices industry, part of the Healthcare sector (Denmark).

Frequently Asked Questions

What is Demant A/S’s (DEMANT.CO) StockRank?
MoatMap’s StockRank for Demant A/S (DEMANT.CO) is 82/100, with a Strong Buy signal. It is a composite of Quality (63), Value (42), and Momentum (71) factor ranks across MoatMap’s universe of 24,000+ stocks.
Does Demant A/S have an economic moat?
Demant A/S (DEMANT.CO) has a Quality factor score of 63/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Demant A/S a buy, hold, or sell?
MoatMap’s current signal for Demant A/S (DEMANT.CO) is Strong Buy, based on a StockRank of 82/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Demant A/S in?
Demant A/S (DEMANT.CO) operates in the Healthcare sector, specifically the Medical Devices industry (Denmark).