Coherent Financials

COHR Stock  USD 105.34  0.38  0.36%   
Based on the key indicators related to Coherent's liquidity, profitability, solvency, and operating efficiency, Coherent is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Coherent's Other Current Liabilities is relatively stable compared to the past year. As of 11/25/2024, Good Will is likely to grow to about 4.5 B, while Total Current Liabilities is likely to drop slightly above 1.1 B. Key indicators impacting Coherent's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.570.5413
Notably Up
Slightly volatile
Current Ratio2.752.7238
Slightly Up
Slightly volatile
Investors should never underestimate Coherent's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Coherent's cash flow, debt, and profitability to make informed and accurate decisions about investing in Coherent.

Net Income

(279.51 Million)

  
Understanding current and past Coherent Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Coherent's financial statements are interrelated, with each one affecting the others. For example, an increase in Coherent's assets may result in an increase in income on the income statement.

Coherent Earnings Geography

Coherent Stock Summary

Coherent competes with MKS Instruments, IPG Photonics, Cognex, and Lumentum Holdings. Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania. Coherent Corp operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. It employs 23658 people.
Specialization
Information Technology, Scientific & Technical Instruments
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS19247G1076
CUSIP902104108 19247G107
LocationPennsylvania; U.S.A
Business Address375 Saxonburg Boulevard,
SectorElectronic Equipment, Instruments & Components
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.coherent.com
Phone724 352 4455
CurrencyUSD - US Dollar

Coherent Key Financial Ratios

Coherent Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.0B5.2B6.5B7.8B13.7B14.5B
Net Debt262.1M1.9B(65.9M)(144.2M)3.7B3.4B
Retained Earnings943.6M876.6M1.1B1.3B944.4B664.9M
Cash204.9M493.0M1.6B2.6B833.3M926.0M
Net Receivables598.1M659.0M719.9M901.5M848.5M929.8M
Inventory296.3M619.8M695.8M902.6M1.3B1.3B
Total Liab820.6M3.2B3.1B3.5B6.5B6.5B
Total Current Assets812.9M1.8B3.0B4.3B3.3B3.7B
Short Term Debt23.8M93.9M87.4M430.8M113.1M114.4M
Intangible Assets139.3M758.4M718.5M635.4M3.8B3.5B
Other Current Liab292.9M313.5M349.0M(27.8B)445.0M455.9M
Other Current Assets65.7M80.7M100.3M256.8M599.1M216.5M
Accounts Payable104.5M268.8M294.5M434.9M405.3M631.5M
Good Will319.8M1.2B1.3B1.3B4.5B4.5B
Common Stock382.4M1.5B2.0B2.1B3.8T4.9B
Other Liab145.6M147.3M168.7M1.0B1.2B1.2B
Other Assets247.1M407.0M255.3M349.7M402.2M422.3M
Net Tangible Assets804.1M868.2M1.2B(3.8B)(3.4B)(3.2B)

Coherent Key Income Statement Accounts

The reason investors look at the income statement is to determine what Coherent's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense22.4M89.4M59.9M121.3M286.9M288.5M
Total Revenue1.4B2.4B3.1B3.3B5.2B4.7B
Gross Profit521.3M819.6M1.2B1.3B1.6B1.5B
Operating Income151.2M(195.4M)142.4M116.3M50.4M123.2M
Ebit(195.4M)412.5M403.1M(68.7M)140.8M50.4M
Ebitda25.5M682.6M689.8M613.0M700.6M732.1M
Cost Of Revenue841.1M1.6B1.9B2.1B3.5B3.3B
Income Before Tax128.8M(63.9M)352.6M281.8M(355.6M)(147.6M)
Net Income107.5M(67.0M)297.6M234.8M(259.5M)(279.5M)
Income Tax Expense21.3M3.1M55.0M47.0M(96.1M)11.1M
Research Development139.2M339.1M330.1M377.1M499.6M478.8M
Interest Income1.6M1.1M1.1M458K412.2K391.6K

Coherent Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(36.4M)112.6M(44.6M)(230.9M)174.1M(23.2M)
Change In Cash(42.2M)288.2M1.1B990.5M(1.7B)952.1M
Free Cash Flow41.4M156.7M428.0M99M198.0M198.9M
Depreciation92.4M220.9M270.1M286.8M681.7M559.8M
Other Non Cash Items12.5M41.3M39.3M18.4M145.1M168.3M
Capital Expenditures137.1M140.6M146.3M314.3M436.1M346.8M
Net Income107.5M(67.0M)297.6M234.8M(259.5M)(156.2M)
End Period Cash Flow204.9M493.0M1.6B2.6B837.6M1.8B
Change To Netincome471.0M3.1M64.7M67.3M77.4M61.2M
Net Borrowings(9.7M)18.4M913.1M2.4B2.7B2.9B

Coherent Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Coherent's current stock value. Our valuation model uses many indicators to compare Coherent value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Coherent competition to find correlations between indicators driving Coherent's intrinsic value. More Info.
Coherent is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers . At this time, Coherent's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Coherent by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Coherent Systematic Risk

Coherent's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Coherent volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Coherent correlated with the market. If Beta is less than 0 Coherent generally moves in the opposite direction as compared to the market. If Coherent Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Coherent is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Coherent is generally in the same direction as the market. If Beta > 1 Coherent moves generally in the same direction as, but more than the movement of the benchmark.

Coherent Thematic Clasifications

Coherent is part of several thematic ideas from Trump Equities to Tech Growth. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Coherent Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Coherent's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Coherent growth as a starting point in their analysis.

Price Earnings To Growth Ratio

15.66

At this time, Coherent's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Coherent November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Coherent help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Coherent. We use our internally-developed statistical techniques to arrive at the intrinsic value of Coherent based on widely used predictive technical indicators. In general, we focus on analyzing Coherent Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Coherent's daily price indicators and compare them against related drivers.

Additional Tools for Coherent Stock Analysis

When running Coherent's price analysis, check to measure Coherent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Coherent is operating at the current time. Most of Coherent's value examination focuses on studying past and present price action to predict the probability of Coherent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coherent's price. Additionally, you may evaluate how the addition of Coherent to your portfolios can decrease your overall portfolio volatility.