RMD → $225.00 by Aug 11, 2026.

For context, ResMed makes CPAP machines and connected devices for people with sleep apnea and other respiratory conditions. Not exactly a dinner party stock but the business underneath is genuinely interesting. here's what my screen showed: ROIC: 20.1% (5yr avg: 18.6%) FCF margin: 26.1% Gross margin: 62.2% Net margin: 27.4% Revenue CAGR 5yr: 11.7% P/E: 19.7x Fair value estimate: \~$225 (using 9% discount rate) Current price: \~$203 So first thing that stands out is 20% ROIC, that's been consistent for …