Ansell Ltd
ANN: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$98.40 | Qphpkjc | Cqjrlstdlz |
Ansell Shares Trading Close to Fair Value Following Price Rally Since January
After rallying more than 20% since the beginning of calendar 2019, shares in Ansell are now fairly valued relative to our unchanged AUD 27.00 fair value estimate. We continue to forecast high-single-digit earnings CAGR over the five years to fiscal 2023, with a meaningful proportion coming from margin expansion on the back of increased selling prices, reduced raw materials cost in addition to the cost savings from the transformation program.