COHU INC (COHU)
US1925761066 - Common Stock
Overall COHU gets a fundamental rating of 5 out of 10. We evaluated COHU against 107 industry peers in the Semiconductors & Semiconductor Equipment industry. COHU is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. COHU has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
COHU had positive earnings in the past year.
COHU had a positive operating cash flow in the past year.
In multiple years COHU reported negative net income over the last 5 years.
COHU had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
COHU has a Return On Assets (2.45%) which is in line with its industry peers.
With a Return On Equity value of 2.96%, COHU perfoms like the industry average, outperforming 52.83% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 3.12%, COHU is in line with its industry, outperforming 51.89% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for COHU is below the industry average of 10.78%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.45% | ||
| ROE | 2.96% | ||
| ROIC | 3.12% |
ROA(3y)7.87%
ROA(5y)3.18%
ROE(3y)10.78%
ROE(5y)3.04%
ROIC(3y)6.6%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 4.43%, COHU is in line with its industry, outperforming 50.94% of the companies in the same industry.
COHU's Operating Margin of 7.45% is in line compared to the rest of the industry. COHU outperforms 55.66% of its industry peers.
In the last couple of years the Operating Margin of COHU has grown nicely.
With a Gross Margin value of 47.59%, COHU perfoms like the industry average, outperforming 58.49% of the companies in the same industry.
COHU's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.45% | ||
| PM (TTM) | 4.43% | ||
| GM | 47.59% |
OM growth 3Y39%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.66%
GM growth 5Y6.18%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so COHU is destroying value.
The number of shares outstanding for COHU has been reduced compared to 1 year ago.
Compared to 5 years ago, COHU has more shares outstanding
The debt/assets ratio for COHU has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 6.02 indicates that COHU is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 6.02, COHU is doing good in the industry, outperforming 66.98% of the companies in the same industry.
The Debt to FCF ratio of COHU is 0.48, which is an excellent value as it means it would take COHU, only 0.48 years of fcf income to pay off all of its debts.
COHU's Debt to FCF ratio of 0.48 is amongst the best of the industry. COHU outperforms 80.19% of its industry peers.
A Debt/Equity ratio of 0.04 indicates that COHU is not too dependend on debt financing.
COHU has a Debt to Equity ratio of 0.04. This is in the better half of the industry: COHU outperforms 65.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.48 | ||
| Altman-Z | 6.02 |
ROIC/WACC0.26
WACC11.96%
2.3 Liquidity
A Current Ratio of 6.18 indicates that COHU has no problem at all paying its short term obligations.
COHU has a better Current ratio (6.18) than 84.91% of its industry peers.
A Quick Ratio of 4.67 indicates that COHU has no problem at all paying its short term obligations.
COHU has a better Quick ratio (4.67) than 81.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.18 | ||
| Quick Ratio | 4.67 |
3. Growth
3.1 Past
The earnings per share for COHU have decreased strongly by -44.33% in the last year.
COHU shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.02% yearly.
COHU shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -21.71%.
The Revenue has been growing slightly by 7.09% on average over the past years.
EPS 1Y (TTM)-44.33%
EPS 3Y11.46%
EPS 5Y1.02%
EPS growth Q2Q-67.14%
Revenue 1Y (TTM)-21.71%
Revenue growth 3Y0.02%
Revenue growth 5Y7.09%
Revenue growth Q2Q-28.19%
3.2 Future
COHU is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.37% yearly.
The Revenue is expected to grow by 8.08% on average over the next years. This is quite good.
EPS Next Y-67.1%
EPS Next 2Y4.44%
EPS Next 3Y28.37%
EPS Next 5YN/A
Revenue Next Year-23.58%
Revenue Next 2Y0.22%
Revenue Next 3Y8.08%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 18.86, the valuation of COHU can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of COHU indicates a somewhat cheap valuation: COHU is cheaper than 77.36% of the companies listed in the same industry.
COHU's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.02.
Based on the Price/Forward Earnings ratio of 57.33, the valuation of COHU can be described as expensive.
COHU's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.32, COHU is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.86 | ||
| Fwd PE | 57.33 |
4.2 Price Multiples
COHU's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. COHU is cheaper than 90.57% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, COHU is valued cheaply inside the industry as 90.57% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.84 | ||
| EV/EBITDA | 10.14 |
4.3 Compensation for Growth
COHU's earnings are expected to grow with 28.37% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)18.53
EPS Next 2Y4.44%
EPS Next 3Y28.37%
5. Dividend
5.1 Amount
COHU does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
COHU INC
NASDAQ:COHU (4/30/2024, 10:23:00 AM)
30.5558
-0.51 (-1.65%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.44B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
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EPS NY rev (3m)
Revenue NQ rev (1m)
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Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.86 | ||
| Fwd PE | 57.33 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)18.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.45% | ||
| ROE | 2.96% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.45% | ||
| PM (TTM) | 4.43% | ||
| GM | 47.59% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 6.18 | ||
| Quick Ratio | 4.67 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-44.33%
EPS 3Y11.46%
EPS 5Y
EPS growth Q2Q
EPS Next Y-67.1%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-21.71%
Revenue growth 3Y0.02%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y