COHERENT CORP (COHR) Stock Fundamental Analysis
USA - NYSE:COHR - US19247G1076 - Common Stock
154.51 USD
-4.79 (-3.01%)
156.5 USD
+1.99 (+1.29%)
Taking everything into account, COHR scores 4 out of 10 in our fundamental rating. COHR was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. While COHR is still in line with the averages on profitability rating, there are concerns on its financial health. COHR is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year COHR was profitable.
COHR had a positive operating cash flow in the past year.
In multiple years COHR reported negative net income over the last 5 years.
In the past 5 years COHR always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of -0.54%, COHR perfoms like the industry average, outperforming 46.34% of the companies in the same industry.
COHR has a Return On Equity (-0.99%) which is in line with its industry peers.
COHR has a Return On Invested Capital (3.62%) which is in line with its industry peers.
COHR had an Average Return On Invested Capital over the past 3 years of 1.91%. This is significantly below the industry average of 9.53%.
The 3 year average ROIC (1.91%) for COHR is below the current ROIC(3.62%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.54% | ||
| ROE | -0.99% | ||
| ROIC | 3.62% |
ROA(3y)-1.8%
ROA(5y)0.14%
ROE(3y)-3.42%
ROE(5y)-0.03%
ROIC(3y)1.91%
ROIC(5y)3.38%
1.3 Margins
COHR's Operating Margin of 10.34% is fine compared to the rest of the industry. COHR outperforms 76.42% of its industry peers.
COHR's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 35.17%, COHR is in line with its industry, outperforming 56.91% of the companies in the same industry.
COHR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.34% | ||
| PM (TTM) | N/A | ||
| GM | 35.17% |
OM growth 3Y-9.74%
OM growth 5Y23.86%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.68%
GM growth 5Y0.42%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so COHR is destroying value.
The number of shares outstanding for COHR has been increased compared to 1 year ago.
The number of shares outstanding for COHR has been increased compared to 5 years ago.
The debt/assets ratio for COHR has been reduced compared to a year ago.
2.2 Solvency
COHR has a debt to FCF ratio of 19.13. This is a negative value and a sign of low solvency as COHR would need 19.13 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 19.13, COHR is in line with its industry, outperforming 50.41% of the companies in the same industry.
COHR has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
COHR's Debt to Equity ratio of 0.43 is on the low side compared to the rest of the industry. COHR is outperformed by 65.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 19.13 | ||
| Altman-Z | N/A |
ROIC/WACC0.39
WACC9.17%
2.3 Liquidity
COHR has a Current Ratio of 2.19. This indicates that COHR is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.19, COHR is in line with its industry, outperforming 47.15% of the companies in the same industry.
COHR has a Quick Ratio of 1.39. This is a normal value and indicates that COHR is financially healthy and should not expect problems in meeting its short term obligations.
COHR has a Quick ratio of 1.39. This is in the lower half of the industry: COHR underperforms 60.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.19 | ||
| Quick Ratio | 1.39 |
3. Growth
3.1 Past
COHR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 79.46%, which is quite impressive.
COHR shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.89% yearly.
The Revenue has grown by 23.42% in the past year. This is a very strong growth!
Measured over the past years, COHR shows a quite strong growth in Revenue. The Revenue has been growing by 19.54% on average per year.
EPS 1Y (TTM)79.46%
EPS 3Y-1.09%
EPS 5Y6.89%
EPS Q2Q%56.76%
Revenue 1Y (TTM)23.42%
Revenue growth 3Y20.55%
Revenue growth 5Y19.54%
Sales Q2Q%17.3%
3.2 Future
The Earnings Per Share is expected to grow by 27.21% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 9.90% on average over the next years. This is quite good.
EPS Next Y29.71%
EPS Next 2Y29.78%
EPS Next 3Y27.21%
EPS Next 5YN/A
Revenue Next Year8.72%
Revenue Next 2Y9.96%
Revenue Next 3Y9.9%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 38.44, COHR can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of COHR is on the same level as its industry peers.
When comparing the Price/Earnings ratio of COHR to the average of the S&P500 Index (26.06), we can say COHR is valued slightly more expensively.
The Price/Forward Earnings ratio is 25.48, which means the current valuation is very expensive for COHR.
Based on the Price/Forward Earnings ratio, COHR is valued a bit cheaper than the industry average as 60.16% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 32.73. COHR is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.44 | ||
| Fwd PE | 25.48 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of COHR is on the same level as its industry peers.
COHR's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 125.79 | ||
| EV/EBITDA | 23.42 |
4.3 Compensation for Growth
COHR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
COHR's earnings are expected to grow with 27.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.29
PEG (5Y)5.58
EPS Next 2Y29.78%
EPS Next 3Y27.21%
5. Dividend
5.1 Amount
No dividends for COHR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
154.51
-4.79 (-3.01%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners95.87%
Inst Owner Change-0.08%
Ins Owners0.69%
Ins Owner Change3.38%
Market Cap24.25B
Revenue(TTM)5.81B
Net Income(TTM)-80.56M
Analysts81.38
Price Target122.14 (-20.95%)
Short Float %4.78%
Short Ratio1.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.07
Dividend Growth(5Y)N/A
DP-14.2%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.73%
Min EPS beat(2)4.19%
Max EPS beat(2)7.27%
EPS beat(4)4
Avg EPS beat(4)15.98%
Min EPS beat(4)4.19%
Max EPS beat(4)34.28%
EPS beat(8)8
Avg EPS beat(8)19.38%
EPS beat(12)11
Avg EPS beat(12)12.81%
EPS beat(16)15
Avg EPS beat(16)10.72%
Revenue beat(2)1
Avg Revenue beat(2)0.67%
Min Revenue beat(2)-0.56%
Max Revenue beat(2)1.9%
Revenue beat(4)3
Avg Revenue beat(4)1.05%
Min Revenue beat(4)-0.56%
Max Revenue beat(4)2.33%
Revenue beat(8)5
Avg Revenue beat(8)0.5%
Revenue beat(12)6
Avg Revenue beat(12)-0.56%
Revenue beat(16)8
Avg Revenue beat(16)-0.71%
PT rev (1m)6.46%
PT rev (3m)20.55%
EPS NQ rev (1m)0.43%
EPS NQ rev (3m)3.21%
EPS NY rev (1m)0.23%
EPS NY rev (3m)1.62%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.44 | ||
| Fwd PE | 25.48 | ||
| P/S | 4.17 | ||
| P/FCF | 125.79 | ||
| P/OCF | 38.27 | ||
| P/B | 2.98 | ||
| P/tB | 53.65 | ||
| EV/EBITDA | 23.42 |
EPS(TTM)4.02
EY2.6%
EPS(NY)6.06
Fwd EY3.92%
FCF(TTM)1.23
FCFY0.79%
OCF(TTM)4.04
OCFY2.61%
SpS37.02
BVpS51.79
TBVpS2.88
PEG (NY)1.29
PEG (5Y)5.58
Graham Number68.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.54% | ||
| ROE | -0.99% | ||
| ROCE | 4.58% | ||
| ROIC | 3.62% | ||
| ROICexc | 3.89% | ||
| ROICexgc | 10.47% | ||
| OM | 10.34% | ||
| PM (TTM) | N/A | ||
| GM | 35.17% | ||
| FCFM | 3.32% |
ROA(3y)-1.8%
ROA(5y)0.14%
ROE(3y)-3.42%
ROE(5y)-0.03%
ROIC(3y)1.91%
ROIC(5y)3.38%
ROICexc(3y)2.05%
ROICexc(5y)4.61%
ROICexgc(3y)5.86%
ROICexgc(5y)10.02%
ROCE(3y)2.42%
ROCE(5y)4.28%
ROICexgc growth 3Y-16.13%
ROICexgc growth 5Y26.18%
ROICexc growth 3Y-25.01%
ROICexc growth 5Y18.65%
OM growth 3Y-9.74%
OM growth 5Y23.86%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.68%
GM growth 5Y0.42%
F-Score6
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 19.13 | ||
| Debt/EBITDA | 3.03 | ||
| Cap/Depr | 79.63% | ||
| Cap/Sales | 7.59% | ||
| Interest Coverage | 2.34 | ||
| Cash Conversion | 54.9% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.19 | ||
| Quick Ratio | 1.39 | ||
| Altman-Z | N/A |
F-Score6
WACC9.17%
ROIC/WACC0.39
Cap/Depr(3y)68.52%
Cap/Depr(5y)73.87%
Cap/Sales(3y)7.8%
Cap/Sales(5y)7.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)79.46%
EPS 3Y-1.09%
EPS 5Y6.89%
EPS Q2Q%56.76%
EPS Next Y29.71%
EPS Next 2Y29.78%
EPS Next 3Y27.21%
EPS Next 5YN/A
Revenue 1Y (TTM)23.42%
Revenue growth 3Y20.55%
Revenue growth 5Y19.54%
Sales Q2Q%17.3%
Revenue Next Year8.72%
Revenue Next 2Y9.96%
Revenue Next 3Y9.9%
Revenue Next 5YN/A
EBIT growth 1Y186.09%
EBIT growth 3Y8.81%
EBIT growth 5Y48.06%
EBIT Next Year42.29%
EBIT Next 3Y24.63%
EBIT Next 5YN/A
FCF growth 1Y-3.09%
FCF growth 3Y24.87%
FCF growth 5Y4.23%
OCF growth 1Y16.1%
OCF growth 3Y15.31%
OCF growth 5Y16.34%
COHERENT CORP / COHR FAQ
What is the ChartMill fundamental rating of COHERENT CORP (COHR) stock?
ChartMill assigns a fundamental rating of 4 / 10 to COHR.
Can you provide the valuation status for COHERENT CORP?
ChartMill assigns a valuation rating of 3 / 10 to COHERENT CORP (COHR). This can be considered as Overvalued.
What is the profitability of COHR stock?
COHERENT CORP (COHR) has a profitability rating of 4 / 10.
Can you provide the financial health for COHR stock?
The financial health rating of COHERENT CORP (COHR) is 3 / 10.
Is the dividend of COHERENT CORP sustainable?
The dividend rating of COHERENT CORP (COHR) is 0 / 10 and the dividend payout ratio is -14.2%.