Coherent Historical Financial Ratios
| COHR Stock | USD 105.34 0.38 0.36% |
Coherent is presently reporting on over 112 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0032, PTB Ratio of 1.75 or Days Sales Outstanding of 54.46 will help investors to properly organize and evaluate Coherent financial condition quickly.
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About Coherent Financial Ratios Analysis
CoherentFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Coherent investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Coherent financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Coherent history.
Coherent Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Coherent stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Coherent sales, a figure that is much harder to manipulate than other Coherent multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Coherent dividend as a percentage of Coherent stock price. Coherent dividend yield is a measure of Coherent stock productivity, which can be interpreted as interest rate earned on an Coherent investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Net Debt To E B I T D A
A leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA).Most ratios from Coherent's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Coherent current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coherent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Coherent Stock, please use our How to Invest in Coherent guide.At this time, Coherent's Cash Per Share is relatively stable compared to the past year. As of 11/25/2024, Capex To Operating Cash Flow is likely to grow to 0.97, while Dividend Yield is likely to drop 0.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.005813 | 0.003935 | 0.003248 | Price To Sales Ratio | 1.79 | 1.36 | 1.54 |
Coherent fundamentals Correlations
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Coherent Account Relationship Matchups
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Coherent fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 1.75 | 1.68 | 2.69 | 1.79 | 1.36 | 1.54 | |
| Ptb Ratio | 1.93 | 2.45 | 1.64 | 1.41 | 1.46 | 1.75 | |
| Days Sales Outstanding | 91.73 | 77.44 | 79.23 | 63.77 | 65.79 | 54.46 | |
| Book Value Per Share | 24.48 | 29.61 | 37.62 | 52.54 | 52.4 | 55.02 | |
| Free Cash Flow Yield | 0.0391 | 0.0513 | 0.0167 | 0.0282 | 0.018 | 0.0132 | |
| Operating Cash Flow Per Share | 3.5 | 4.99 | 3.55 | 4.61 | 3.6 | 3.78 | |
| Stock Based Compensation To Revenue | 0.0161 | 0.0288 | 0.0228 | 0.0221 | 0.0289 | 0.0268 | |
| Capex To Depreciation | 1.9 | 1.48 | 0.64 | 0.54 | 1.1 | 0.59 | |
| Pb Ratio | 1.93 | 2.45 | 1.64 | 1.41 | 1.46 | 1.75 | |
| Ev To Sales | 1.94 | 2.47 | 2.67 | 2.07 | 3.06 | 1.56 | |
| Free Cash Flow Per Share | 1.85 | 3.72 | 0.85 | 1.44 | 1.31 | 1.38 | |
| Roic | (0.0473) | 0.0251 | 0.0164 | 0.003957 | 0.0113 | 0.0108 | |
| Inventory Turnover | 2.52 | 2.72 | 2.27 | 2.78 | 2.53 | 3.31 | |
| Net Income Per Share | (0.79) | 2.59 | 2.01 | (1.89) | (1.84) | (1.75) | |
| Days Of Inventory On Hand | 144.97 | 134.4 | 160.61 | 131.12 | 144.4 | 101.25 | |
| Payables Turnover | 5.81 | 6.42 | 4.72 | 8.74 | 5.15 | 4.89 | |
| Capex To Revenue | 0.0591 | 0.0471 | 0.0948 | 0.0845 | 0.0737 | 0.11 | |
| Cash Per Share | 5.81 | 13.84 | 22.16 | 6.06 | 6.11 | 6.41 | |
| Pocfratio | 13.47 | 14.54 | 14.36 | 11.06 | 20.21 | 11.14 | |
| Interest Coverage | (2.19) | 2.38 | 0.96 | 0.18 | 0.43 | 0.41 | |
| Pfcf Ratio | 25.57 | 19.51 | 59.96 | 35.43 | 55.45 | 35.38 | |
| Days Payables Outstanding | 62.86 | 56.88 | 77.39 | 41.77 | 70.89 | 74.43 | |
| Income Quality | (4.44) | 1.93 | 1.76 | (2.44) | (3.49) | (3.32) | |
| Roe | (0.0323) | 0.0874 | 0.0649 | (0.052) | (0.0369) | (0.0351) | |
| Ev To Operating Cash Flow | 19.8 | 14.42 | 14.01 | 16.83 | 26.4 | 27.72 | |
| Pe Ratio | (59.76) | 28.06 | 25.29 | (27.03) | (39.46) | (37.49) | |
| Return On Tangible Assets | (0.0207) | 0.0662 | 0.0396 | (0.0482) | (0.0429) | (0.0407) | |
| Ev To Free Cash Flow | 37.58 | 19.36 | 58.51 | 53.89 | 72.43 | 37.1 | |
| Earnings Yield | (0.0167) | 0.0356 | 0.0395 | (0.037) | (0.0253) | (0.0241) | |
| Net Debt To E B I T D A | 7.64 | (0.0965) | (0.21) | 5.96 | 4.82 | 5.06 | |
| Current Ratio | 3.0 | 2.66 | 4.15 | 3.01 | 2.72 | 2.75 | |
| Tangible Book Value Per Share | 0.94 | 12.09 | 21.13 | (7.98) | (0.14) | (0.13) | |
| Receivables Turnover | 3.98 | 4.71 | 4.61 | 5.72 | 5.55 | 6.02 | |
| Graham Number | 20.86 | 41.51 | 37.51 | 39.22 | 45.52 | 47.79 | |
| Shareholders Equity Per Share | 24.48 | 29.61 | 31.04 | 36.25 | 49.95 | 52.45 | |
| Debt To Equity | 1.09 | 0.4 | 0.64 | 0.86 | 0.54 | 0.57 |
Pair Trading with Coherent
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Coherent position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Coherent will appreciate offsetting losses from the drop in the long position's value.Moving together with Coherent Stock
Moving against Coherent Stock
| 0.83 | WATT | Energous | PairCorr |
| 0.72 | KNW | Know Labs Fiscal Year End 17th of December 2024 | PairCorr |
| 0.63 | VPG | Vishay Precision | PairCorr |
| 0.54 | SVREW | SaverOne 2014 | PairCorr |
| 0.53 | ST | Sensata Technologies | PairCorr |
The ability to find closely correlated positions to Coherent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coherent when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Coherent - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Coherent to buy it.
The correlation of Coherent is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Coherent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coherent moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Coherent can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.