Coherent Statistics
Total Valuation
Coherent has a market cap or net worth of $8.36 billion. The enterprise value is $11.74 billion.
| Market Cap | 8.36B |
| Enterprise Value | 11.74B |
Important Dates
The next confirmed earnings date is Monday, May 6, 2024, after market close.
| Earnings Date | May 6, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Coherent has 151.81 million shares outstanding. The number of shares has increased by 9.22% in one year.
| Shares Outstanding | 151.81M |
| Shares Change (YoY) | +9.22% |
| Shares Change (QoQ) | +0.72% |
| Owned by Insiders (%) | 1.62% |
| Owned by Institutions (%) | 90.13% |
| Float | 121.95M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 22.07 |
| PS Ratio | 1.81 |
| Forward PS | 1.62 |
| PB Ratio | 1.53 |
| P/FCF Ratio | 32.72 |
| PEG Ratio | 0.34 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 20.22, with an EV/FCF ratio of 45.84.
| EV / Earnings | n/a |
| EV / Sales | 2.54 |
| EV / EBITDA | 20.22 |
| EV / EBIT | n/a |
| EV / FCF | 45.84 |
Financial Position
The company has a current ratio of 2.88, with a Debt / Equity ratio of 0.80.
| Current Ratio | 2.88 |
| Quick Ratio | 1.59 |
| Debt / Equity | 0.80 |
| Debt / EBITDA | 7.57 |
| Debt / FCF | 17.15 |
| Interest Coverage | -0.20 |
Financial Efficiency
Return on equity (ROE) is -7.90% and return on invested capital (ROIC) is -0.63%.
| Return on Equity (ROE) | -7.90% |
| Return on Assets (ROA) | -2.90% |
| Return on Capital (ROIC) | -0.63% |
| Revenue Per Employee | $173,907 |
| Profits Per Employee | -$15,165 |
| Employee Count | 26,622 |
| Asset Turnover | 0.33 |
| Inventory Turnover | 2.41 |
Taxes
| Income Tax | -92.19M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +62.16% in the last 52 weeks. The beta is 1.68, so Coherent's price volatility has been higher than the market average.
| Beta (1Y) | 1.68 |
| 52-Week Price Change | +62.16% |
| 50-Day Moving Average | 58.62 |
| 200-Day Moving Average | 44.69 |
| Relative Strength Index (RSI) | 41.91 |
| Average Volume (30 Days) | 2,331,462 |
Short Selling Information
The latest short interest is 6.54 million, so 4.31% of the outstanding shares have been sold short.
| Short Interest | 6.54M |
| Short Previous Month | 6.82M |
| Short % of Shares Out | 4.31% |
| Short % of Float | 5.36% |
| Short Ratio (days to cover) | 2.38 |
Income Statement
In the last 12 months, Coherent had revenue of $4.63 billion and -$403.71 million in losses. Loss per share was -$2.82.
| Revenue | 4.63B |
| Gross Profit | 1.42B |
| Operating Income | -61.88M |
| Pretax Income | -362.41M |
| Net Income | -403.71M |
| EBITDA | 580.48M |
| EBIT | -60.39M |
| Loss Per Share | -$2.82 |
Balance Sheet
The company has $1.03 billion in cash and $4.39 billion in debt, giving a net cash position of -$3.36 billion or -$22.13 per share.
| Cash & Cash Equivalents | 1.03B |
| Total Debt | 4.39B |
| Net Cash | -3.36B |
| Net Cash Per Share | -$22.13 |
| Equity / Book Value | 5.47B |
| Book Value Per Share | 36.04 |
| Working Capital | 2.23B |
Cash Flow
In the last 12 months, operating cash flow was $599.93 million and capital expenditures -$343.87 million, giving a free cash flow of $256.06 million.
| Operating Cash Flow | 599.93M |
| Capital Expenditures | -343.87M |
| Free Cash Flow | 256.06M |
| FCF Per Share | $1.69 |
Margins
Gross margin is 30.69%, with operating and profit margins of -1.34% and -8.72%.
| Gross Margin | 30.69% |
| Operating Margin | -1.34% |
| Pretax Margin | -7.83% |
| Profit Margin | -8.72% |
| EBITDA Margin | 12.54% |
| EBIT Margin | -1.30% |
| FCF Margin | 5.53% |
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 | -9.22% |
| Shareholder Yield | -9.22% |
| Earnings Yield | -4.82% |
| FCF Yield | 3.06% |
Analyst Forecast
The average price target for Coherent is $53.65, which is -2.60% lower than the current price. The consensus rating is "Strong Buy".
| Price Target | $53.65 |
| Price Target Difference | -2.60% |
| 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 1.33 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.33 |
| Piotroski F-Score | 3 |