Coherent Stock Financials

COHR
 Stock
  

USD 37.77  0.52  1.40%   

Coherent Tangible Asset Value is relatively stable at the moment as compared to the past year. Coherent reported last year Tangible Asset Value of 5.92 Billion. As of 12/05/2022, Working Capital is likely to grow to about 3.3 B, while Revenue Per Employee is likely to drop slightly above 113.9 K.
  
With this module, you can analyze Coherent financials for your investing period. You should be able to track the changes in Coherent individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Coherent Most Recent Estimates

Quarterly Earnings Growth YOY
(0.61) 
EPS Estimate Next Quarter
0.94
Diluted Eps
0.38
EPS Estimate Current Year
8.6
EPS Estimate Next Year
9.92
EPS Estimate Current Quarter
0.83
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.

Revenues

3.58 Billion

The financial analysis of Coherent is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Coherent includes many different criteria found on its balance sheet. For example, investors should never minimize Coherent's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Coherent's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Coherent.

Coherent Cash

Chance Of Financial Distress
Less than 9
Coherent has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Coherent stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Coherent's official financial statements usually reflect Coherent's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Coherent. For example, before you start analyzing numbers published by Coherent accountants, it's critical to develop an understanding of what Coherent's liquidity, profitability, and earnings quality are in the context of the Electronic Equipment, Instruments & Components space in which it operates.
Please note, the presentation of Coherent's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Coherent's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Coherent's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Coherent. Please utilize our Beneish M Score to check the likelihood of Coherent's management to manipulate its earnings.

Coherent Company Summary

Coherent competes with ESCO Technologies, Fortive Corp, Mind Technology, and Sensata Technologies. 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
ExchangeNASDAQ Exchange
CIK Number0000820318
ISINUS19247G1076
RegionNorth America
Business Address375 Saxonburg Boulevard,
SectorElectronic Equipment, Instruments & Components
IndustryInformation Technology
BenchmarkNYSE Composite
Websitewww.ii-vi.com
Phone724 352 4455
CurrencyUSD - US Dollar
You should never invest in Coherent without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Coherent Stock, because this is throwing your money away. Analyzing the key information contained in Coherent's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Coherent Key Financial Ratios

Generally speaking, Coherent's financial ratios allow both analysts and investors to convert raw data from Coherent's financial statements into concise, actionable information that can be used to evaluate the performance of Coherent over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Coherent reports annually and quarterly.

Coherent Key Balance Sheet Accounts

201720182019202020212022 (projected)
Inventories248.27 M296.28 M619.81 M695.83 M902.56 M973.81 M
Receivables215.03 M269.64 M598.12 M658.96 M700.33 M755.62 M
Accounts Payable89.77 M104.46 M268.77 M294.49 M434.92 M469.25 M
Total Assets1.76 B1.95 B5.23 B6.51 B7.84 B8.46 B
Current Assets761.84 M812.91 M1.79 B3.03 B4.31 B4.65 B
Assets Non Current999.82 M1.14 B3.45 B3.49 B3.54 B3.82 B
Cash and Equivalents247.04 M204.87 M493.05 M1.59 B1.43 B1.55 B
Total Debt439.01 M467 M2.37 B1.53 B2.44 B2.63 B
Debt Non Current419.01 M443.16 M2.28 B1.44 B2.01 B2.17 B
Shareholders Equity1.02 B1.13 B2.08 B4.13 B4.38 B4.73 B
Inventory248.27 M296.28 M619.81 M695.83 M902.56 M973.81 M
Investments11.35 M11.73 M69.22 M76.21 M87.64 M94.56 M
Total Liabilities737.35 M820.56 M3.16 B2.38 B3.46 B3.73 B
Current Liabilities236.47 M270.56 M672.89 M729.59 M1.27 B1.37 B
Tax Assets9.89 M20.3 M35.22 M46.59 M51.3 M41.04 M
Tax Liabilities44.63 M44.39 M78.89 M94.26 M106.58 M114.99 M

Coherent Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other 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.
201720182019202020212022 (projected)
Direct Expenses697.51 M841.15 M1.56 B1.89 B2.05 B2.21 B
Consolidated Income88 M107.52 M(67.03 M)297.55 M234.76 M253.29 M
Cost of Revenue696.59 M841.15 M1.59 B1.93 B2.05 B2.21 B
Gross Profit462.2 M521.35 M791.18 M1.18 B1.27 B1.37 B
Interest Expense18.35 M22.42 M89.41 M59.9 M121.25 M130.83 M
Net Income88 M107.52 M(67.03 M)297.55 M234.76 M253.29 M
Operating Expenses321.66 M370.12 M765.7 M764.97 M862.43 M930.52 M
Operating Income135.29 M148.67 M39.48 M402.12 M414.29 M447 M
Revenues1.16 B1.36 B2.38 B3.11 B3.32 B3.58 B
Income Tax Expense34.19 M21.3 M3.1 M55.04 M47.05 M38.74 M

Coherent Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Coherent. It measures of how well Coherent is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Coherent brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Coherent had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Coherent has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(153.44 M)(137.12 M)(136.88 M)(146.34 M)(314.33 M)(322.6 M)
Depreciation Amortization and Accretion80.77 M92.36 M220.88 M270.07 M286.78 M309.42 M
Net Cash Flow or Change in Cash and Cash Equivalents(24.85 M)(42.17 M)288.17 M1.1 B990.48 M1.07 B
Net Cash Flow Business Acquisitions and Disposals(80.5 M)(83.07 M)(1.04 B)(34.39 M)(30.95 M)(33.4 M)
Issuance Purchase of Equity Shares(39.41 M)7.08 M11.84 M492.36 M17.86 M18.33 M
Issuance Repayment of Debt Securities142.94 M9.41 M1.19 B(925.65 M)902.87 M974.14 M
Net Cash Flow from Financing96.97 M4.88 M1.17 B675.73 M862.95 M931.08 M
Net Cash Flow from Investing(284.95 M)(223.98 M)(1.18 B)(172.96 M)(320.08 M)(345.35 M)
Net Cash Flow from Operations161.01 M178.47 M297.29 M574.35 M413.33 M445.96 M
Effect of Exchange Rate Changes on Cash2.12 M(1.54 M)(3.45 M)21.72 M34.28 M36.98 M
Share Based Compensation15.31 M21.95 M68.48 M70.95 M73.21 M78.99 M

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 the top company in total debt category among related companies. It is number one stock in net income category among related companies making up about  0.12  of Net Income per Total Debt. The ratio of Total Debt to Net Income for Coherent is roughly  8.08 . Coherent Total Debt is relatively stable at the moment as compared to the past year. Coherent reported last year Total Debt of 2.44 Billion. Comparative valuation analysis is a catch-all model that can be used if you cannot value Coherent by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Coherent's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Coherent's earnings, one of the primary drivers of an investment's value.

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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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.
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About Coherent Financials

What exactly are Coherent Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Coherent's income statement, its balance sheet, and the statement of cash flows. Potential Coherent investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Coherent investors may use each financial statement separately, they are all related. The changes in Coherent's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Coherent's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Coherent is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Coherent has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

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
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Coherent December 5, 2022 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.
Information Ratio(0.1)
Maximum Drawdown19.42
Value At Risk(5.91)
Potential Upside7.55
Continue to Trending Equities. Note that the Coherent information on this page should be used as a complementary analysis to other Coherent's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Is Coherent's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coherent. If investors know Coherent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coherent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.61) 
Market Capitalization
6.6 B
Quarterly Revenue Growth YOY
0.69
Return On Assets
0.0299
Return On Equity
0.0214
The market value of Coherent is measured differently than its book value, which is the value of Coherent that is recorded on the company's balance sheet. Investors also form their own opinion of Coherent's value that differs from its market value or its book value, called intrinsic value, which is Coherent's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coherent's market value can be influenced by many factors that don't directly affect Coherent's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coherent's value and its price as these two are different measures arrived at by different means. Investors typically determine Coherent value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coherent's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.