Straumann Holding AG
STMN: XSWX (CHE)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CHF 476.00 | Lrvbfz | Ldhvwhzn |
Straumann Earnings: Volume Wins and Margin Expansion in Tough Environment Affirms Core Strength
Narrow-moat Straumann reported strong second-quarter earnings that came in above our expectations. After updating our model for these results and recent cash flows, we are raising our fair value estimate to CHF 112 per share from CHF 100.