Coherent Corp.

Coherent Corp.

171.98
CHF
-102.26
(-37.29%)
3.25EPS
90.42P/E
62.06BMarket Cap
Nov 04Next Earn

Total Valuation

CHF

As of June 30, 2026, Coherent Corp. carries a market capitalization of 62.06B, placing it among publicly traded companies globally. Its enterprise value stands at 63.58B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap62.06B
Enterprise Value63.58B

Important Dates

Coherent Corp.'s next confirmed earnings release is scheduled for November 4, 2026.

Earnings Date11/4/2026

Share Statistics

As of June 30, 2026, Coherent Corp. has 195.75M shares outstanding.

Shares Outstanding195.75M

Valuation Ratios

As of June 30, 2026, Coherent Corp. trades at a trailing price-to-earnings ratio of 90.42. The price-to-sales ratio is 9.78, and the price-to-book ratio stands at 7.05.

PE Ratio90.42
PS Ratio9.78
PB Ratio7.05
P/TBV Ratio21.08
P/FCF Ratio-74.97
P/OCF Ratio875.54

Enterprise Valuation

As of June 30, 2026, Coherent Corp. trades at an EV/EBITDA multiple of 55.44 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 11.06 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 87.66 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 63.58B versus a market cap of 62.06B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales11.06
EV / EBITDA55.44
EV / EBIT87.66

Financial Position

As of June 30, 2026, Coherent Corp. maintains a current ratio of 2.43, meaning it holds 2.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 31.49, indicating elevated leverage, while an interest coverage ratio of 7.46 demonstrates adequate ability to service its debt obligations.

Current Ratio2.43
Quick Ratio1.19
Debt / Equity31.49
Debt / EBITDA2.49
Interest Coverage7.46

Financial Efficiency

CHF

Over the twelve months ended June 30, 2026, Coherent Corp. posted a return on equity (ROE) of 9.30, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 6.08 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 4.85, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 7.36, useful for judging operating efficiency across full business cycles. The company generates approximately 161,836.12 in revenue per employee across its workforce of 35,531.50, a quick read on workforce productivity versus industry peers. Inventory turnover of 2.21 indicates how many times Coherent Corp. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)9.30
Return on Assets (ROA)4.85
Return on Invested Capital (ROIC)6.08
Return on Capital Employed (ROCE)7.36
Revenue Per Employee161,836.12
Employee Count35,531.50
Inventory Turnover2.21

Taxes

CHF

Over the twelve months ended June 30, 2026, Coherent Corp. recorded 49.16M in income tax expense. That works out to an effective tax rate of 7.18, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 684.82M, leaving 650.30M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax49.16M
Effective Tax Rate7.18

Income Statement

CHF

Over the twelve months ended June 30, 2026, Coherent Corp. generated 5.75B in revenue and converted that into 650.30M in net income, yielding earnings per share of 3.25. EBITDA reached 1.15B, while operating income came in at 728.28M.

Revenue5.75B
Gross Profit2.16B
Operating Income728.28M
Pretax Income684.82M
Net Income650.30M
EBITDA1.15B
EBIT725.32M
Earnings Per Share (EPS)3.25

Balance Sheet

CHF

As of June 30, 2026, Coherent Corp. holds 1.61B in cash and equivalents against 2.86B in total debt, resulting in a net debt position of 1.66B. Total book value stands at 8.81B, with working capital of 3.29B providing operational flexibility.

Cash & Cash Equivalents1.61B
Total Debt2.86B
Net Debt1.66B
Equity (Book Value)8.81B
Book Value Per Share45.00
Working Capital3.29B

Cash Flow

CHF

Coherent Corp. produced 64.23M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -890.96M in capital expenditures, free cash flow totaled -826.73M - equivalent to -4.66 per share.

Operating Cash Flow64.23M
Capital Expenditures-890.96M
Free Cash Flow-826.73M
FCF Per Share-4.66

Margins

Over the twelve months ended June 30, 2026, Coherent Corp. posted a gross margin of 37.50, reflecting its pricing power and cost economics. The operating margin of 12.67 and net profit margin of 11.31 provide insight into operational efficiency.

Gross Margin37.50
Operating Margin12.67
Pretax Margin11.91
Profit Margin11.31
EBITDA Margin19.95

Dividends & Yields

CHF

Over the twelve months ended June 30, 2026, Coherent Corp. paid dividends of 0.05 per share. The dividend payout ratio of -3.23 is negative because earnings are negative, so the dividend is being paid out of something other than profits, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield is negative at -1.33: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -1.92, meaning Coherent Corp. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Dividend Per Share0.05
Payout Ratio-3.23
Shareholder Yield-1.92
FCF Yield-1.33

Stock Splits

Coherent Corp.'s most recent stock split took place on June 27, 2011 with a 1:2 split ratio.

Last Split Date6/27/2011
Split Ratio1:2

Scores

As of June 30, 2026, Coherent Corp. has an Altman Z-Score of 8.06, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score8.06