Coherent Statistics
Total Valuation
Coherent has a market cap or net worth of $8.19 billion. The enterprise value is $11.44 billion.
| Market Cap | 8.19B |
| Enterprise Value | 11.44B |
Important Dates
The last earnings date was Monday, May 6, 2024, after market close.
| Earnings Date | May 6, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Coherent has 152.46 million shares outstanding. The number of shares has increased by 9.25% in one year.
| Shares Outstanding | 152.46M |
| Shares Change (YoY) | +9.25% |
| Shares Change (QoQ) | +0.22% |
| Owned by Insiders (%) | 1.61% |
| Owned by Institutions (%) | 88.66% |
| Float | 122.47M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 21.62 |
| PS Ratio | 1.78 |
| Forward PS | 1.58 |
| PB Ratio | 1.53 |
| P/FCF Ratio | 36.39 |
| PEG Ratio | 0.34 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 21.49, with an EV/FCF ratio of 50.84.
| EV / Earnings | n/a |
| EV / Sales | 2.49 |
| EV / EBITDA | 21.49 |
| EV / EBIT | n/a |
| EV / FCF | 50.84 |
Financial Position
The company has a current ratio of 2.71, with a Debt / Equity ratio of 0.81.
| Current Ratio | 2.71 |
| Quick Ratio | 1.55 |
| Debt / Equity | 0.81 |
| Debt / EBITDA | 8.14 |
| Debt / FCF | 19.27 |
| Interest Coverage | -0.29 |
Financial Efficiency
Return on equity (ROE) is -8.00% and return on invested capital (ROIC) is -0.95%.
| Return on Equity (ROE) | -8.00% |
| Return on Assets (ROA) | -2.90% |
| Return on Capital (ROIC) | -0.95% |
| Revenue Per Employee | $172,728 |
| Profits Per Employee | -$15,572 |
| Employee Count | 26,622 |
| Asset Turnover | 0.33 |
| Inventory Turnover | 2.41 |
Taxes
| Income Tax | -101.02M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +77.14% in the last 52 weeks. The beta is 1.69, so Coherent's price volatility has been higher than the market average.
| Beta (1Y) | 1.69 |
| 52-Week Price Change | +77.14% |
| 50-Day Moving Average | 57.78 |
| 200-Day Moving Average | 45.05 |
| Relative Strength Index (RSI) | 44.64 |
| Average Volume (30 Days) | 2,076,875 |
Short Selling Information
The latest short interest is 6.54 million, so 4.29% of the outstanding shares have been sold short.
| Short Interest | 6.54M |
| Short Previous Month | 6.82M |
| Short % of Shares Out | 4.29% |
| Short % of Float | 5.34% |
| Short Ratio (days to cover) | 2.38 |
Income Statement
In the last 12 months, Coherent had revenue of $4.60 billion and -$414.57 million in losses. Loss per share was -$2.87.
| Revenue | 4.60B |
| Gross Profit | 1.37B |
| Operating Income | -91.41M |
| Pretax Income | -386.97M |
| Net Income | -414.57M |
| EBITDA | 532.28M |
| EBIT | -87.38M |
| Loss Per Share | -$2.87 |
Balance Sheet
The company has $1.08 billion in cash and $4.33 billion in debt, giving a net cash position of -$3.25 billion or -$21.33 per share.
| Cash & Cash Equivalents | 1.08B |
| Total Debt | 4.33B |
| Net Cash | -3.25B |
| Net Cash Per Share | -$21.33 |
| Equity / Book Value | 5.34B |
| Book Value Per Share | 35.00 |
| Working Capital | 2.24B |
Cash Flow
In the last 12 months, operating cash flow was $564.94 million and capital expenditures -$339.97 million, giving a free cash flow of $224.97 million.
| Operating Cash Flow | 564.94M |
| Capital Expenditures | -339.97M |
| Free Cash Flow | 224.97M |
| FCF Per Share | $1.48 |
Margins
Gross margin is 29.74%, with operating and profit margins of -1.99% and -9.02%.
| Gross Margin | 29.74% |
| Operating Margin | -1.99% |
| Pretax Margin | -8.42% |
| Profit Margin | -9.02% |
| EBITDA Margin | 11.58% |
| EBIT Margin | -1.90% |
| FCF Margin | 4.89% |
Dividends & Yields
Coherent does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -9.25% |
| Shareholder Yield | -9.25% |
| Earnings Yield | -5.06% |
| FCF Yield | 2.75% |
Analyst Forecast
The average price target for Coherent is $53.65, which is -0.07% lower than the current price. The consensus rating is "Strong Buy".
| Price Target | $53.65 |
| Price Target Difference | -0.07% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 17 |
| Revenue Growth Forecast (5Y) | 2.34% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 27, 2011. It was a forward split with a ratio of 2:1.
| Last Split Date | Jun 27, 2011 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Coherent has an Altman Z-Score of 1.31 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.31 |
| Piotroski F-Score | 3 |