COHERENT CORP (COHR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:COHR - US19247G1076 - Common Stock
192.73 USD
+6.87 (+3.7%)
193.725 USD
+1 (+0.52%)
COHR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 125 industry peers in the Electronic Equipment, Instruments & Components industry. COHR has an average financial health and profitability rating. COHR is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
In the past year COHR was profitable.
In the past year COHR had a positive cash flow from operations.
In multiple years COHR reported negative net income over the last 5 years.
Each year in the past 5 years COHR had a positive operating cash flow.
1.2 Ratios
COHR has a Return On Assets (0.80%) which is in line with its industry peers.
COHR has a Return On Equity of 1.42%. This is comparable to the rest of the industry: COHR outperforms 48.80% of its industry peers.
With a Return On Invested Capital value of 4.16%, COHR perfoms like the industry average, outperforming 55.20% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for COHR is significantly below the industry average of 9.26%.
The 3 year average ROIC (1.91%) for COHR is below the current ROIC(4.16%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.8% | ||
| ROE | 1.42% | ||
| ROIC | 4.16% |
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 Profit Margin of 1.96% is in line compared to the rest of the industry. COHR outperforms 54.40% of its industry peers.
COHR's Operating Margin of 11.28% is fine compared to the rest of the industry. COHR outperforms 77.60% of its industry peers.
COHR's Operating Margin has improved in the last couple of years.
COHR has a Gross Margin (35.78%) which is in line with its industry peers.
COHR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.28% | ||
| PM (TTM) | 1.96% | ||
| GM | 35.78% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), COHR is destroying value.
Compared to 1 year ago, COHR has more shares outstanding
Compared to 5 years ago, COHR has more shares outstanding
Compared to 1 year ago, COHR has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.58 indicates that COHR is not in any danger for bankruptcy at the moment.
COHR has a Altman-Z score of 3.58. This is comparable to the rest of the industry: COHR outperforms 55.20% of its industry peers.
COHR has a debt to FCF ratio of 44.83. This is a negative value and a sign of low solvency as COHR would need 44.83 years to pay back of all of its debts.
COHR has a Debt to FCF ratio (44.83) which is in line with its industry peers.
A Debt/Equity ratio of 0.39 indicates that COHR is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.39, COHR is not doing good in the industry: 64.80% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 44.83 | ||
| Altman-Z | 3.58 |
ROIC/WACC0.46
WACC8.99%
2.3 Liquidity
A Current Ratio of 2.33 indicates that COHR has no problem at all paying its short term obligations.
COHR has a Current ratio of 2.33. This is comparable to the rest of the industry: COHR outperforms 48.80% of its industry peers.
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.
Looking at the Quick ratio, with a value of 1.39, COHR is doing worse than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.33 | ||
| 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.
Measured over the past 5 years, COHR shows a small growth in Earnings Per Share. The EPS has been growing by 6.89% on average per year.
The Revenue has grown by 20.80% in the past year. This is a very strong growth!
The Revenue has been growing by 19.54% on average over the past years. This is quite good.
EPS 1Y (TTM)79.46%
EPS 3Y-1.09%
EPS 5Y6.89%
EPS Q2Q%56.76%
Revenue 1Y (TTM)20.8%
Revenue growth 3Y20.55%
Revenue growth 5Y19.54%
Sales Q2Q%17.3%
3.2 Future
Based on estimates for the next years, COHR will show a very strong growth in Earnings Per Share. The EPS will grow by 29.00% on average per year.
Based on estimates for the next years, COHR will show a quite strong growth in Revenue. The Revenue will grow by 13.44% on average per year.
EPS Next Y43.84%
EPS Next 2Y34.03%
EPS Next 3Y29%
EPS Next 5YN/A
Revenue Next Year15.51%
Revenue Next 2Y14.51%
Revenue Next 3Y13.44%
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 47.94, which means the current valuation is very expensive for COHR.
Compared to the rest of the industry, the Price/Earnings ratio of COHR is on the same level as its industry peers.
COHR is valuated expensively when we compare the Price/Earnings ratio to 26.28, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 29.80, COHR can be considered very expensive at the moment.
COHR's Price/Forward Earnings ratio is in line with the industry average.
COHR's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.52.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.94 | ||
| Fwd PE | 29.8 |
4.2 Price Multiples
COHR's Enterprise Value to EBITDA is on the same level as the industry average.
COHR's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 410.53 | ||
| EV/EBITDA | 25.95 |
4.3 Compensation for Growth
COHR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as COHR's earnings are expected to grow with 29.00% in the coming years.
PEG (NY)1.09
PEG (5Y)6.96
EPS Next 2Y34.03%
EPS Next 3Y29%
5. Dividend
5.1 Amount
COHR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
192.73
+6.87 (+3.7%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners96.7%
Inst Owner Change0.98%
Ins Owners0.62%
Ins Owner Change2.2%
Market Cap30.29B
Revenue(TTM)6.04B
Net Income(TTM)118.25M
Analysts80.69
Price Target171.59 (-10.97%)
Short Float %3.94%
Short Ratio1.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.07
Dividend Growth(5Y)N/A
DP19.34%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.24%
Min EPS beat(2)7.27%
Max EPS beat(2)9.2%
EPS beat(4)4
Avg EPS beat(4)13.74%
Min EPS beat(4)4.19%
Max EPS beat(4)34.28%
EPS beat(8)8
Avg EPS beat(8)16.73%
EPS beat(12)11
Avg EPS beat(12)11.69%
EPS beat(16)15
Avg EPS beat(16)11.13%
Revenue beat(2)1
Avg Revenue beat(2)0.24%
Min Revenue beat(2)-0.56%
Max Revenue beat(2)1.05%
Revenue beat(4)3
Avg Revenue beat(4)1.18%
Min Revenue beat(4)-0.56%
Max Revenue beat(4)2.33%
Revenue beat(8)6
Avg Revenue beat(8)0.86%
Revenue beat(12)7
Avg Revenue beat(12)-0.29%
Revenue beat(16)9
Avg Revenue beat(16)-0.42%
PT rev (1m)40.48%
PT rev (3m)52.39%
EPS NQ rev (1m)1.47%
EPS NQ rev (3m)8.84%
EPS NY rev (1m)10.89%
EPS NY rev (3m)10.8%
Revenue NQ rev (1m)0.85%
Revenue NQ rev (3m)5.36%
Revenue NY rev (1m)6.25%
Revenue NY rev (3m)6.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.94 | ||
| Fwd PE | 29.8 | ||
| P/S | 5.01 | ||
| P/FCF | 410.53 | ||
| P/OCF | 57.52 | ||
| P/B | 3.63 | ||
| P/tB | 41.63 | ||
| EV/EBITDA | 25.95 |
EPS(TTM)4.02
EY2.09%
EPS(NY)6.47
Fwd EY3.36%
FCF(TTM)0.47
FCFY0.24%
OCF(TTM)3.35
OCFY1.74%
SpS38.46
BVpS53.04
TBVpS4.63
PEG (NY)1.09
PEG (5Y)6.96
Graham Number69.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.8% | ||
| ROE | 1.42% | ||
| ROCE | 5.26% | ||
| ROIC | 4.16% | ||
| ROICexc | 4.45% | ||
| ROICexgc | 11.97% | ||
| OM | 11.28% | ||
| PM (TTM) | 1.96% | ||
| GM | 35.78% | ||
| FCFM | 1.22% |
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-Score7
Asset Turnover0.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 44.83 | ||
| Debt/EBITDA | 2.67 | ||
| Cap/Depr | 84.12% | ||
| Cap/Sales | 7.49% | ||
| Interest Coverage | 2.91 | ||
| Cash Conversion | 43.15% | ||
| Profit Quality | 62.39% | ||
| Current Ratio | 2.33 | ||
| Quick Ratio | 1.39 | ||
| Altman-Z | 3.58 |
F-Score7
WACC8.99%
ROIC/WACC0.46
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 Y43.84%
EPS Next 2Y34.03%
EPS Next 3Y29%
EPS Next 5YN/A
Revenue 1Y (TTM)20.8%
Revenue growth 3Y20.55%
Revenue growth 5Y19.54%
Sales Q2Q%17.3%
Revenue Next Year15.51%
Revenue Next 2Y14.51%
Revenue Next 3Y13.44%
Revenue Next 5YN/A
EBIT growth 1Y105.28%
EBIT growth 3Y8.81%
EBIT growth 5Y48.06%
EBIT Next Year53.74%
EBIT Next 3Y29.7%
EBIT Next 5YN/A
FCF growth 1Y-81.27%
FCF growth 3Y24.87%
FCF growth 5Y4.23%
OCF growth 1Y-30.09%
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 5 / 10 to COHR.
Can you provide the valuation status for COHERENT CORP?
ChartMill assigns a valuation rating of 2 / 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 5 / 10.
Can you provide the financial health for COHR stock?
The financial health rating of COHERENT CORP (COHR) is 4 / 10.
Is the dividend of COHERENT CORP sustainable?
The dividend rating of COHERENT CORP (COHR) is 0 / 10 and the dividend payout ratio is 19.34%.