Stock · COHR · Technology
United States · Large Cap · listed since 1990 · Revenue 12 mo. $2.4T
Price as of 11/06/2026
Coherent Corp. develops, manufactures, and markets lasers, transceivers, other optical and optoelectronic devices, modules, and systems worldwide.
Coherent Corp. develops, manufactures, and markets lasers, transceivers, other optical and optoelectronic devices, modules, and systems worldwide. Its products include critical components consisting of detectors, passive optics, thermal solutions, and PICS; silicon photonics and other advanced optical technologies; and coherent transmission components, transport products, optical amplifiers, passive optical components, optical line systems, and multi-rail platform. The company's Datacenter and Communications segment offers transceivers, co-packaged optics, and optical circuit switches, as well as other systems, such as subsystems, modules, and semiconductor devices for datacenter and communications applications; and VCSELS, EELS, pump lasers, and other components, optics, and ICs for datacenter and communication applications. Its Industrial segment offers excimer lasers, solid-state lasers, and CO2 lasers; laser systems for various industrial applications, including semiconductor capital equipment, display manufacturing, precision manufacturing, and scientific research; and laser systems and subsystems comprising high-power lasers for materials processing. This segment also provides engineered materials, laser optics, thermoelectric components, and advanced ceramic and metal-matrix composite materials and products. It markets its products and services through a direct sales force, representatives, and distributors. The company was formerly known as II-VI Incorporated and changed its name to Coherent Corp. in September 2022. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania.
Original text from the data provider
Summary
31.2 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
Price to operating cash flow 490.3×, above its usual range.
Middle half of 19 quarters: 11.1× to 25.7×, median 17.3×.
Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.
with respect to the priced-in expectation
No indication in the stored figures.
with respect to the priced-in expectation
Since the last quarter
Q2 → Q3 2026
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 7.38% | 14.60% | Rank 27 |
| Return on capital (Greenblatt) | 3.56% | 29.77% | Rank 13 |
| EBIT margin | 12.67% | 17.40% | Rank 40 |
| FCF margin | −14.48% | 18.54% | Rank 4 |
| Gross margin | 37.50% | 48.47% | Rank 29 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | 22.51% | 12.70% | Rank 74 |
| Earnings growth, 3 years per yeardoes not count towards the rank | – | 9.54% | |
| Earnings growth, 5 years per year | 9.76% | 14.07% | Rank 31 |
| Sustainable growth (ROE × retained earnings) | 15.60% | 2.87% | Rank 89 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 2.14% | 2.64% | Rank 38 |
| FCF yield | −2.36% | 3.06% | Rank 3 |
| EV/saleslower is better | 6.35 | 5.18 | Rank 41 |
| EV/EBITlower is better | 50.12 | 26.24 | Rank 25 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | 11.43% | −0.59% | Rank 68 |
| Share price, 6 months | −42.01% | −4.46% | Rank 9 |
| Share price, 3 months | −44.01% | −5.84% | Rank 1 |
| Distance from 52-week high | −54.83% | −33.23% | Rank 14 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | 12.88% | 1.65% | Rank 17 |
| Change in share countlower is better | 26.22% | −0.17% | Rank 2 |
| Dividend streak in years | 0 | 8 | Rank 18 |
| Price reaction to results, market-adjusted | −9.02% | −1.57% | Rank 14 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 59.58% | 53.98% | Rank 67 |
| Net debt/EBITDAlower is better | 0.99 | −0.20 | Rank 26 |
| Debt to equitylower is better | 0.32 | 0.33 | Rank 51 |
| Volatility, 1 yearlower is better | 90.34% | 50.37% | Rank 7 |
Ten years in figures
| Year | Revenue | EBIT margin | FCF | Shares | Net debt |
|---|---|---|---|---|---|
| 2017 | $972.0M | 12.9% | −$19.9M | 64.5M | $93.5M |
| 2018 | $1.2B | 11.8% | $7.6M | 65.1M | $192.0M |
| 2019 | $1.4B | 10.9% | $41.4M | 65.8M | $262.1M |
| 2020 | $2.4B | 5.3% | $160.4M | 84.8M | $1.9B |
| 2021 | $3.1B | 13.0% | $428.0M | 115M | −$65.9M |
| 2022 | $3.3B | 12.5% | $99.0M | 117M | −$144.2M |
| 2023 | $5.2B | 1.0% | $198.0M | 138M | $3.7B |
| 2024 | $4.7B | 2.6% | $198.9M | 152M | $3.4B |
| 2025 | $5.8B | 9.5% | $192.8M | 155M | $3.0B |
| 2026 | $7.1B | 12.7% | −$1.0B | 195M | $2.4B |
1 of 7 StockScorer Score rules met · How the score is built
Coherent Corp mainly meets criteria in the Growth category. Result from 18 strategies checked.
Coherent Corp is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.
1 of 7 rules met
2 of 11 points
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
With a free account, you can see the match across all strategies checked in one complete overview.
Selected fundamental metrics for Coherent Corp.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 46.8 | 35.1 |
| P/B ratio | 3.5 | 5.5 |
| Return on equity (ROE) | 7.4% | 14.6% |
| Equity ratio | 59.6% | 54.0% |
| Debt-to-equity (D/E) | 0.32 | 0.33 |
| Dividend yield | – | 0.9% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| COHR | Coherent Corpthis page | |
| KEYS | Keysight Technologies Inc | Low2.7 |
| TDY | Teledyne Technologies Incorporated | Low3.6 |
| FTV | Fortive Corp | Medium5.5 |
| MKSI | MKS Instruments Inc | locked |
| TRMB | Trimble Inc | locked |
Signed up in 30 seconds, free.
Learn more about the metrics in the metrics glossary or all rated stocks in the stock overview.
How StockScorer rates every stock is explained on the methodology page.