COHERENT CORP (COHR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:COHR - US19247G1076 - Common Stock
191.62 USD
-2.49 (-1.28%)
192 USD
+0.38 (+0.2%)
COHR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. COHR has only an average score on both its financial health and profitability. COHR is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
COHR had positive earnings in the past year.
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
Looking at the Return On Assets, with a value of 0.80%, COHR is in line with its industry, outperforming 49.19% of the companies in the same industry.
COHR has a Return On Equity of 1.42%. This is comparable to the rest of the industry: COHR outperforms 49.19% of its industry peers.
COHR has a Return On Invested Capital of 4.16%. This is comparable to the rest of the industry: COHR outperforms 55.65% of 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 9.00%.
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 in line with its industry peers.
With a decent Operating Margin value of 11.28%, COHR is doing good in the industry, outperforming 77.42% of the companies in the same industry.
COHR's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 35.78%, COHR is in line with its industry, outperforming 58.06% 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 | 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so COHR is destroying value.
COHR has more shares outstanding than it did 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
An Altman-Z score of 3.70 indicates that COHR is not in any danger for bankruptcy at the moment.
With a Altman-Z score value of 3.70, COHR perfoms like the industry average, outperforming 54.84% of the companies in the same industry.
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 comparable to the rest of the industry.
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 64.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 44.83 | ||
| Altman-Z | 3.7 |
ROIC/WACC0.44
WACC9.39%
2.3 Liquidity
A Current Ratio of 2.33 indicates that COHR has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.33, COHR is in line with its industry, outperforming 48.39% 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.
Looking at the Quick ratio, with a value of 1.39, COHR is in line with its industry, outperforming 41.94% 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.
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%.
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
The Earnings Per Share is expected to grow by 29.37% on average over the next years. This is a very strong growth
COHR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.60% yearly.
EPS Next Y44.01%
EPS Next 2Y34.28%
EPS Next 3Y29.37%
EPS Next 5YN/A
Revenue Next Year15.57%
Revenue Next 2Y14.72%
Revenue Next 3Y13.6%
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.
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
With a Price/Earnings ratio of 47.67, 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.
Compared to an average S&P500 Price/Earnings ratio of 26.92, COHR is valued quite expensively.
With a Price/Forward Earnings ratio of 29.52, COHR can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of COHR is on the same level as its industry peers.
COHR is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.67 | ||
| Fwd PE | 29.52 |
4.2 Price Multiples
COHR's Enterprise Value to EBITDA ratio is in line with the industry average.
COHR's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 408.16 | ||
| EV/EBITDA | 27.01 |
4.3 Compensation for Growth
The 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 29.37% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.08
PEG (5Y)6.92
EPS Next 2Y34.28%
EPS Next 3Y29.37%
5. Dividend
5.1 Amount
No dividends for COHR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
191.62
-2.49 (-1.28%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners97.16%
Inst Owner Change0%
Ins Owners0.61%
Ins Owner Change2.2%
Market Cap30.11B
Revenue(TTM)6.04B
Net Income(TTM)118.25M
Analysts80.69
Price Target179.64 (-6.25%)
Short Float %3.39%
Short Ratio1.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)4.69%
PT rev (3m)56.56%
EPS NQ rev (1m)-0.05%
EPS NQ rev (3m)9%
EPS NY rev (1m)0.12%
EPS NY rev (3m)11.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.36%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)6.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.67 | ||
| Fwd PE | 29.52 | ||
| P/S | 4.98 | ||
| P/FCF | 408.16 | ||
| P/OCF | 57.19 | ||
| P/B | 3.61 | ||
| P/tB | 41.39 | ||
| EV/EBITDA | 27.01 |
EPS(TTM)4.02
EY2.1%
EPS(NY)6.49
Fwd EY3.39%
FCF(TTM)0.47
FCFY0.25%
OCF(TTM)3.35
OCFY1.75%
SpS38.46
BVpS53.04
TBVpS4.63
PEG (NY)1.08
PEG (5Y)6.92
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 | 3.7 |
F-Score7
WACC9.39%
ROIC/WACC0.44
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 Y44.01%
EPS Next 2Y34.28%
EPS Next 3Y29.37%
EPS Next 5YN/A
Revenue 1Y (TTM)20.8%
Revenue growth 3Y20.55%
Revenue growth 5Y19.54%
Sales Q2Q%17.3%
Revenue Next Year15.57%
Revenue Next 2Y14.72%
Revenue Next 3Y13.6%
Revenue Next 5YN/A
EBIT growth 1Y105.28%
EBIT growth 3Y8.81%
EBIT growth 5Y48.06%
EBIT Next Year55.53%
EBIT Next 3Y30.28%
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.
What is the valuation status of COHERENT CORP (COHR) stock?
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.
What is the valuation of COHERENT CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for COHERENT CORP (COHR) is 47.67 and the Price/Book (PB) ratio is 3.61.
Can you provide the expected EPS growth for COHR stock?
The Earnings per Share (EPS) of COHERENT CORP (COHR) is expected to grow by 44.01% in the next year.