Coherent Corp.

NYSE:COHR Stock Report

Market Cap: US$15.4b

Coherent Valuation

Is COHR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of COHR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: COHR ($99.78) is trading below our estimate of fair value ($156.49)

Significantly Below Fair Value: COHR is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for COHR?

Key metric: As COHR is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for COHR. This is calculated by dividing COHR's market cap by their current revenue.
What is COHR's PS Ratio?
PS Ratio3.1x
SalesUS$5.00b
Market CapUS$15.43b

Price to Sales Ratio vs Peers

How does COHR's PS Ratio compare to its peers?

The above table shows the PS ratio for COHR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.5x
LFUS Littelfuse
2.7x5.9%US$5.9b
GLW Corning
3.3x9.9%US$41.0b
BDC Belden
2x9.2%US$4.6b
APH Amphenol
6.1x10.9%US$86.4b
COHR Coherent
3.1x10.9%US$15.4b

Price-To-Sales vs Peers: COHR is good value based on its Price-To-Sales Ratio (3.1x) compared to the peer average (3.5x).

Price to Sales Ratio vs Industry

How does COHR's PS Ratio compare vs other companies in the US Electronic Industry?

35 CompaniesPrice / SalesEstimated GrowthMarket Cap
SNX TD SYNNEX
0.2x5.2%US$10.15b
ARW Arrow Electronics
0.2x2.8%US$6.07b
INGM Ingram Micro Holding
0.1x3.6%US$4.80b
AVT Avnet
0.2x3.7%US$4.65b
COHR 3.1xIndustry Avg. 2.2xNo. of Companies35PS0246810+
35 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: COHR is expensive based on its Price-To-Sales Ratio (3.1x) compared to the US Electronic industry average (2.2x).

Price to Sales Ratio vs Fair Ratio

What is COHR's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

COHR PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.1x
Fair PS Ratio2.1x

Price-To-Sales vs Fair Ratio: COHR is expensive based on its Price-To-Sales Ratio (3.1x) compared to the estimated Fair Price-To-Sales Ratio (2.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst COHR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$99.78
US$112.03
+12.3%
15.2%US$136.00US$60.00n/a18
Dec ’25US$100.16
US$109.50
+9.3%
15.1%US$136.00US$60.00n/a17
Nov ’25US$92.28
US$92.88
+0.6%
17.0%US$120.00US$50.00n/a16
Oct ’25US$88.80
US$85.19
-4.1%
15.6%US$120.00US$50.00n/a16
Sep ’25US$77.95
US$82.69
+6.1%
11.8%US$95.00US$50.00n/a16
Aug ’25US$65.48
US$70.56
+7.8%
14.3%US$90.00US$45.00n/a16
Jul ’25US$72.74
US$68.38
-6.0%
13.8%US$85.00US$45.00n/a16
Jun ’25US$57.06
US$67.75
+18.7%
12.7%US$78.00US$45.00n/a16
May ’25US$54.34
US$66.75
+22.8%
12.4%US$77.00US$45.00n/a17
Apr ’25US$60.00
US$66.75
+11.3%
12.4%US$77.00US$45.00n/a17
Mar ’25US$63.47
US$65.58
+3.3%
11.6%US$76.00US$45.00n/a17
Feb ’25US$48.79
US$47.68
-2.3%
15.8%US$63.00US$35.00n/a17
Jan ’25US$43.53
US$45.88
+5.4%
15.7%US$63.00US$35.00n/a17
Dec ’24US$38.22
US$43.29
+13.3%
15.5%US$63.00US$35.00US$100.1617
Nov ’24US$29.35
US$42.94
+46.3%
16.3%US$63.00US$35.00US$92.2816
Oct ’24US$32.64
US$41.63
+27.5%
16.9%US$63.00US$35.00US$88.8016
Sep ’24US$37.54
US$41.63
+10.9%
16.9%US$63.00US$35.00US$77.9516
Aug ’24US$46.94
US$50.88
+8.4%
23.6%US$85.00US$40.00US$65.4816
Jul ’24US$50.98
US$46.13
-9.5%
28.3%US$85.00US$29.00US$72.7416
Jun ’24US$37.34
US$41.75
+11.8%
28.5%US$85.00US$29.00US$57.0616
May ’24US$34.08
US$57.53
+68.8%
31.4%US$118.00US$36.00US$54.3416
Apr ’24US$38.08
US$60.15
+57.9%
30.4%US$118.00US$36.00US$60.0017
Mar ’24US$43.11
US$60.26
+39.8%
30.5%US$118.00US$36.00US$63.4717
Feb ’24US$44.65
US$61.00
+36.6%
33.4%US$118.00US$36.00US$48.7917
Jan ’24US$35.10
US$61.88
+76.3%
33.9%US$118.00US$30.00US$43.5316
Dec ’23US$37.25
US$64.38
+72.8%
33.9%US$118.00US$30.00US$38.2216

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 01:13
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Coherent Corp. is covered by 34 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Thomas O'MalleyBarclays
Ted MoreauBarrington Research Associates, Inc.