COMPARE · Data as of August 21, 2026

ALC vs RMD

Verdict: Side-by-side breakdown using the Bull Rankings model. ALC scored 73.3, RMD scored 81.0 — RMD leads.
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ALC
Alcon Inc.
Medical Instruments & Supplies · Quality-Growth
73.3
$73.63 · $35.6B
Score gap
7.7
RMD leads
RMD
ResMed Inc.
Medical Instruments & Supplies · Quality-Growth
81
$231.52 · $33.4B
fundamentals as of
  • CheapestRMD22.2x
  • Fastest growthALC+10.5%
  • Strongest balance sheetRMD0.13
  • Highest qualityRMD90 / 100
  • Largest discount to fair valueALC-30%
THE BULL RANKINGS SCORECARD73.3/ 100 · BULL SCOREPEER MEDIANQUALITY87.5GROWTH71.4VALUE63.2
THE BULL RANKINGS SCORECARD81.0/ 100 · BULL SCOREPEER MEDIANQUALITY90.3GROWTH81.6VALUE72.1
ALCRMDQuality87.590.3Growth71.481.6Value63.272.1
cheap & fastrevenue growth →← cheaper (lower multiple)0%20%16x62xALCRMD

Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.

FCFALC$2.1bRMD$1.6b
RevALC+10.5%RMD+9.9%
D/EALC0.25RMD0.13
P/EALC56.2xRMD22.2x
PEGALC1.53RMD1.34
ALC
stronger →← stronger
RMD
87
Qualityreturns · margins · balance sheet
90
71
Growthrevenue & earnings expansion
82
63
Valuevaluation vs sector peers
72
RMD is stronger on 3 of 3 pillars.
ALC
RMD
$2.1bB
FCF
$1.6bC+
+10.5%B
Rev
+9.9%B
0.25B
D/E
0.13B+
56.2xC
P/E
22.2xB+
1.53C+
PEG
1.34B
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
ALC
RMD
30% below
Price vs fair valuelower is cheaper
4% below
~0%/yr
Growth the price implies10-yr FCF · lower = less priced in
~5%/yr
+24%
1-yr DCF upside
-4%
+43%
5-yr DCF upside
+5%
+76%
10-yr DCF upside
+18%
These two disagree on this pair: the Value pillar ranks cheapness against sector peers, while price-vs-fair-value is an absolute read. A name can be the better value in its sector and still the dearer one on cash flows.
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
ALC
Why this score
  • Durable high returns
RMD
Why this score
  • Raising its dividend
  • Durable high returns
ALCAlcon Inc.
Medical Instruments & Supplies · $73.63 · beta 0.69
Why now
Medical Instruments & Supplies · market cap $35.6b. 16% off the 52-week high of $87.64. Revenue growing +10%, comfortably above the S&P median. 15 sell-side analysts rate this a Buy with a mean 1-yr target of $85.24 (implying +16% upside).
Moat
Net margin 31% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 30% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which.
Risk
Trailing P/E 56.2x prices in sustained high growth — any quarter that disappoints triggers sharp re-rating.
RMDResMed Inc.
Medical Instruments & Supplies · $231.52 · beta 0.75
Why now
Medical Instruments & Supplies · market cap $33.4b. Down 21% from 52-week high of $293.58 — deep drawdown territory. 16 sell-side analysts rate this a Buy with a mean 1-yr target of $245.50 (implying +6% upside).
Moat
Net margin 27% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 23% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately. FCF converts 108% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Mature compounder — the risk is paying up for quality at a moment when growth is decelerating. Watch for sequential revenue + margin trends; the inflection from "compounder" to "ex-compounder" is hard to spot until the multiple already started compressing.
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.

Where ALC and RMD diverge

On the headline score the gap is 7.7 points in favor of RMD. The widest single difference is Growth, where RMD leads by 10.2 points.

Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.