Coherent Corp. (“ Coherent,” the “ Company,” “we,” “us,” or “our”), is a vertically integrated manufacturing company that develops, manufactures, and markets lasers, transceivers, and other optical and optoelectronic devices, modules, and systems, as well as engineered materials, for use in the communications, industrial, instrumentation and electronics markets. Our headquarters are located at 375 Saxonburg Boulevard, Saxonburg, Pennsylvania 16056, USA. Our telephone number is +1-724-352-4455. Reference to “ Coherent,” the “ Company,” “we,” “us,” or “our” in this Annual Report on Form 10-K, unless the context requires otherwise, refers to Coherent Corp. and its wholly owned subsidiaries.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 6.3B | 5.8B | 4.7B | 5.2B | 3.3B | 3.1B |
| Net Income | 192M | -81M | -280M | -404M | 167M | 260M |
| EPS | $0.97 | $-0.52 | $-1.84 | $-2.93 | $1.45 | $2.37 |
| Free Cash Flow | -104M | 193M | 199M | 198M | 99M | 428M |
| ROIC | 1.6% | 0.3% | 1.1% | -0.7% | 10.4% | - |
| Gross Margin | - | 35.2% | 30.9% | 31.4% | 38.2% | 37.9% |
| Debt/Equity | 0.39 | 0.65 | 0.79 | 0.86 | 0.64 | - |
| Dividends/Share | $0.00 | $0.07 | $0.00 | $0.20 | $0.30 | $0.18 |
| Operating Income | 27M | 48M | 96M | -37M | 414M | 402M |
| Operating Margin | 0.4% | 0.8% | 2.0% | -0.7% | 12.5% | 12.9% |
| ROE | 2.3% | -1.5% | -5.5% | -9.4% | 4.6% | - |
| Shares Outstanding | 204M | 155M | 152M | 138M | 115M | 110M |
COHERENT CORP. passes 1 of 9 quality checks, indicating weak fundamentals.
COHERENT CORP. trades at 301.9x trailing earnings, compared to its 15-year median P/E of 26.9x, suggesting it is currently Expensive relative to its historical range. The company's 5-year average ROIC is 2.8% with a gross margin of 34.7%. At current prices, the estimated annualized return to fair value is +7.6%.
COHERENT CORP. (COHR) has a current P/E ratio of 301.9, compared to its historical median P/E of 26.9. The stock is currently considered Expensive based on its historical valuation range.
COHERENT CORP. (COHR) has a 5-year average return on invested capital (ROIC) of 2.8%. This is below average and may indicate limited pricing power.
COHERENT CORP. (COHR) has a market capitalization of $62.9B. It is classified as a large-cap stock.
Yes, COHERENT CORP. (COHR) pays a dividend with a trailing twelve-month yield of 0.02%.
Based on historical P/E analysis, COHERENT CORP. (COHR) appears expensive. The current P/E of 301.9 is 1022% above its historical median of 26.9. The estimated fair value CAGR (P/E method) is -5.0%.
COHERENT CORP. (COHR) operates in the Optical Instruments & Lenses industry, within the Technology sector.
COHERENT CORP. (COHR) reported annual revenue of $5.8 billion in its most recent fiscal year, based on SEC EDGAR filings.
COHERENT CORP. (COHR) has a net profit margin of -1.4%. The company is currently unprofitable.
COHERENT CORP. (COHR) generated $193 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
COHERENT CORP. (COHR) has a debt-to-equity ratio of 0.65. This indicates moderate leverage.
COHERENT CORP. (COHR) reported earnings per share (EPS) of $-0.52 in its most recent fiscal year.
COHERENT CORP. (COHR) has a return on equity (ROE) of -1.5%. A negative ROE may indicate losses or negative equity.
COHERENT CORP. (COHR) has a 5-year average gross margin of 34.7%. This indicates decent pricing power.
The Ledger Terminal provides 15 years of financial data for COHERENT CORP. (COHR), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
COHERENT CORP. (COHR) has a book value per share of $36.43, based on its most recent annual SEC filing.