COHERENT CORP (COHR) Stock Fundamental Analysis
USA - NYSE:COHR - US19247G1076 - Common Stock
138.15 USD
-0.92 (-0.66%)
138.06 USD
-0.09 (-0.07%)
Taking everything into account, COHR scores 5 out of 10 in our fundamental rating. COHR was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. COHR has an average financial health and profitability rating. 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.
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.
COHR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
COHR has a Return On Assets of 0.80%. This is comparable to the rest of the industry: COHR outperforms 50.41% of its industry peers.
COHR's Return On Equity of 1.42% is in line compared to the rest of the industry. COHR outperforms 51.22% of its industry peers.
COHR has a Return On Invested Capital (4.16%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for COHR is significantly below the industry average of 8.98%.
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 has a Profit Margin (1.96%) which is comparable to the rest of the industry.
With a decent Operating Margin value of 11.28%, COHR is doing good in the industry, outperforming 78.05% of the companies in the same industry.
COHR's Operating Margin has improved in the last couple of years.
COHR has a Gross Margin (35.78%) which is comparable to the rest of the industry.
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
COHR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for COHR has been increased compared to 1 year ago.
COHR has more shares outstanding than it did 5 years ago.
The debt/assets ratio for COHR has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.88 indicates that COHR is not a great score, but indicates only limited risk for bankruptcy at the moment.
COHR has a Altman-Z score (2.88) which is comparable to the rest of the industry.
The Debt to FCF ratio of COHR is 44.83, which is on the high side as it means it would take COHR, 44.83 years of fcf income to pay off all of its debts.
COHR has a Debt to FCF ratio of 44.83. This is comparable to the rest of the industry: COHR outperforms 49.59% of its industry peers.
COHR has a Debt/Equity ratio of 0.39. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of COHR (0.39) is worse than 65.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 44.83 | ||
| Altman-Z | 2.88 |
ROIC/WACC0.45
WACC9.17%
2.3 Liquidity
A Current Ratio of 2.33 indicates that COHR has no problem at all paying its short term obligations.
With a Current ratio value of 2.33, COHR perfoms like the industry average, outperforming 49.59% of the companies in the same industry.
A Quick Ratio of 1.39 indicates that COHR should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.39, COHR is not doing good in the industry: 60.16% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.33 | ||
| Quick Ratio | 1.39 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 79.46% over the past year.
The Earnings Per Share has been growing slightly by 6.89% on average over the past years.
COHR shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.80%.
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)20.8%
Revenue growth 3Y20.55%
Revenue growth 5Y19.54%
Sales Q2Q%17.3%
3.2 Future
COHR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 27.21% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 34.37, the valuation of COHR can be described as expensive.
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 rather expensively when we compare the Price/Earnings ratio to 25.56, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 22.78, the valuation of COHR can be described as rather expensive.
60.98% of the companies in the same industry are more expensive than COHR, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 34.62. COHR is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.37 | ||
| Fwd PE | 22.78 |
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.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of COHR is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 293.88 | ||
| EV/EBITDA | 19.9 |
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)1.16
PEG (5Y)4.99
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 |
138.15
-0.92 (-0.66%)
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-0.17%
Ins Owners0.69%
Ins Owner Change1.32%
Market Cap21.68B
Revenue(TTM)6.04B
Net Income(TTM)118.25M
Analysts81.38
Price Target122.14 (-11.59%)
Short Float %4.38%
Short Ratio1.72
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)6.46%
PT rev (3m)15%
EPS NQ rev (1m)7.48%
EPS NQ rev (3m)7.27%
EPS NY rev (1m)0.23%
EPS NY rev (3m)1.62%
Revenue NQ rev (1m)4.48%
Revenue NQ rev (3m)2.54%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.37 | ||
| Fwd PE | 22.78 | ||
| P/S | 3.59 | ||
| P/FCF | 293.88 | ||
| P/OCF | 41.17 | ||
| P/B | 2.6 | ||
| P/tB | 29.8 | ||
| EV/EBITDA | 19.9 |
EPS(TTM)4.02
EY2.91%
EPS(NY)6.06
Fwd EY4.39%
FCF(TTM)0.47
FCFY0.34%
OCF(TTM)3.36
OCFY2.43%
SpS38.51
BVpS53.11
TBVpS4.64
PEG (NY)1.16
PEG (5Y)4.99
Graham Number69.31
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 | 2.88 |
F-Score7
WACC9.17%
ROIC/WACC0.45
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)20.8%
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 1Y105.28%
EBIT growth 3Y8.81%
EBIT growth 5Y48.06%
EBIT Next Year42.29%
EBIT Next 3Y24.63%
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 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 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%.