0.90%
-10.04%
-1.94%
38.19%
85.47%
42.15%
168.04%
AI Spotlight on COHR
Company Description
Coherent, Inc.provides lasers, laser-based technologies, and laser-based system solutions for a range of commercial, industrial, and scientific research applications.It operates in two segments, Original Equipment Manufacturers (OEM) Laser Sources and Industrial Lasers & Systems.
The company designs, manufactures, markets, and services lasers, laser tools, precision optics, and related accessories; and laser measurement and control products.Its products are used for applications in microelectronics, materials processing, OEM components and instrumentation, and scientific research and government programs.The company markets its products through a direct sales force in the United States, as well as through direct sales personnel and independent representatives internationally.
Coherent, Inc.was founded in 1966 and is headquartered in Santa Clara, California.As of July 1, 2022, Coherent, Inc.
operates as a subsidiary of II-VI Incorporated.
Market Data
| Last Price | 90.49 |
| Change Percentage | 0.90% |
| Open | 91 |
| Previous Close | 89.68 |
| Market Cap ( Millions) | 13996 |
| Volume | 3124145 |
| Year High | 113.6 |
| Year Low | 47.66 |
| M A 50 | 99.78 |
| M A 200 | 80.93 |
Financial Ratios
| FCF Yield | 436.27% |
| Dividend Yield | 0.00% |
| ROE | -0.88% |
| Debt / Equity | 76.48% |
| Net Debt / EBIDTA | 397.95% |
| Price To Book | 2.49 |
| Price Earnings Ratio | -219.13 |
| Price To FCF | 0.23 |
| Price To sales | 2.8 |
| EV / EBITDA | 21.45 |
News
- Jan -29 - Coherent (COHR) Earnings Expected to Grow: Should You Buy?
- Jan -28 - Coherent Announces New High-Power F-Theta Lens for Superior Remote Processing
- Jan -28 - Coherent Announces New High-Power F-Theta Lens for Superior Remote Processing
- Jan -27 - Coherent Corp. (COHR): Breakthrough VCSEL Technology and AI Demand Drive Record Growth
- Jan -24 - Exploring Three High Growth Tech Stocks In The United States
- Jan -23 - Coherent Launches CT-Series Thermoelectric Coolers for Enhanced Thermal Management
- Jan -23 - Coherent Showcases Thought Leaders at Photonics West 2025
- Jan -22 - Coherent Announces New Factor Series Diodes
- Jan -22 - COHR or AMPL: Which Is the Better Value Stock Right Now?
- Jan -22 - 3 AI Infrastructure Stocks Soaring Today
- Jan -22 - Coherent Corp. Announces Timing of Second-Quarter Fiscal 2025 Earnings Release
- Jan -22 - Coherent Introduces Pin-Hole Array Biochips for Medical Diagnostics
- Jan -21 - Is Coherent Corp. (COHR) Among Billionaire Steve Cohen’s Top Stock Picks?
- Jan -21 - What Makes Coherent (COHR) a New Strong Buy Stock
- Jan -17 - Coherent Announces Availability of Ultrabroadband Diffraction Gratings for Life Sciences Applications
- Jan -16 - Coherent Corp. (COHR): Driving AI Data Center Growth with Optical Innovations and Nvidia Partnerships
- Jan -13 - RBC and Cohere Partner to Launch Secure Generative AI Solution for Financial Services
- Jan -09 - Here Are Billionaire Stanley Druckenmiller's 5 Biggest Stock Holdings
- Jan -07 - 3 US Stocks Estimated To Be Trading Up To 36% Below Intrinsic Value
- Jan -02 - Coherent Issues Its Environmental, Social, and Governance (ESG) Report for 2024
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Networking
Expected Growth : 10.43 %
What the company do ?
Coherent, Inc.'s Networking solutions provide high-speed, low-latency interconnects for data centers, enabling fast and efficient data transfer between servers and storage systems.
Why we expect these perspectives ?
Coherent's Networking segment growth is driven by increasing demand for high-speed optical interconnects, fueled by cloud computing, artificial intelligence, and 5G infrastructure investments. Additionally, the company's leadership in indium phosphide and silicon photonics technologies enables it to capitalize on the growing need for high-bandwidth, low-latency networking solutions.
Segment n°2 -> Lasers
Expected Growth : 9.33 %
What the company do ?
Coherent, Inc. offers a wide range of lasers, including diode, DPSS, and excimer lasers, for various industrial, scientific, and medical applications.
Why we expect these perspectives ?
Coherent, Inc.'s laser segment growth is driven by increasing demand for precision manufacturing, semiconductor fabrication, and microelectronics. The company's leadership in ultrafast laser technology and its expanding presence in the automotive and aerospace industries also contribute to its growth. Additionally, the rising adoption of laser-based solutions in medical and industrial applications fuels the segment's 9.33% growth.
Segment n°3 -> Materials
Expected Growth : 8.5 %
What the company do ?
Materials from Coherent, Inc. offer a wide range of laser-related materials, including optics, crystals, and ceramics, for various industrial and scientific applications.
Why we expect these perspectives ?
Coherent, Inc.'s 8.5% growth in Materials segment is driven by increasing demand for laser-based solutions in microelectronics, robust growth in OLED display manufacturing, and rising adoption of laser technology in automotive and industrial applications.
Coherent, Inc. Products
| Product Range | What is it ? |
|---|---|
| Laser Systems | Coherent offers a wide range of laser systems, including ultrafast lasers, diode lasers, and excimer lasers, used in various applications such as material processing, spectroscopy, and microscopy. |
| Optical Communications | Coherent provides optical communications products, including optical transceivers, optical amplifiers, and optical switches, used in data centers, metro networks, and long-haul networks. |
| Microelectronics | Coherent offers a range of products for microelectronics, including laser-based solutions for semiconductor manufacturing, flat panel display manufacturing, and LED manufacturing. |
| Instrumentation | Coherent provides instrumentation products, including spectrometers, interferometers, and microscopes, used in various applications such as biomedical research, material science, and quality control. |
| OEM Components | Coherent offers a range of OEM components, including laser diodes, laser modules, and optical components, used in various applications such as medical devices, industrial equipment, and aerospace. |
| Services | Coherent provides a range of services, including laser system integration, custom laser solutions, and technical support, used in various applications such as material processing, spectroscopy, and microscopy. |
Coherent, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Coherent, Inc. is medium due to the availability of alternative laser technologies.
Bargaining Power Of Customers
The bargaining power of customers is low due to the specialized nature of Coherent, Inc.'s products and the lack of alternative suppliers.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium due to the presence of multiple suppliers for raw materials and components.
Threat Of New Entrants
The threat of new entrants is high due to the growing demand for laser technologies and the potential for new companies to enter the market.
Intensity Of Rivalry
The intensity of rivalry is high due to the competitive nature of the laser technology industry and the presence of established competitors.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 47.37% |
| Debt Cost | 8.76% |
| Equity Weight | 52.63% |
| Equity Cost | 12.40% |
| WACC | 10.68% |
| Leverage | 90.00% |
Coherent, Inc. : Quality Control
Coherent, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| MKSI | MKS Instruments, Inc. provides instruments, systems, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes worldwide. Its Vacuum & Analysis segment … |
| NOVT | Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. … |
| ITRI | Itron, Inc., a technology and service company, provides end-to-end solutions that help manage operations in the energy, water, and smart city space worldwide. The company operates through three segments: Device … |
| CGNX | Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the … |
| TRMB | Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. The company's Buildings and Infrastructure segment offers field and office … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Trimble
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Coherent
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Itron
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Cognex
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Novanta
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