Coherent, Inc.
New York Stock ExchangeTotal Valuation
Coherent, Inc. carries a market capitalization of 61.06B, placing it among publicly traded companies globally. Its enterprise value stands at 41.21B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 61.06B |
| Enterprise Value | 41.21B |
Share Statistics
Coherent, Inc. currently has 195.55M shares outstanding.
| Shares Outstanding | 195.55M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Coherent, Inc. trades at a trailing price-to-earnings ratio of 99.51. The price-to-sales ratio is 6.04, and the price-to-book ratio stands at 3.67.
| PE Ratio | 99.51 |
| PS Ratio | 6.04 |
| PB Ratio | 3.67 |
| P/TBV Ratio | 10.91 |
| P/FCF Ratio | 53.47 |
| P/OCF Ratio | 284.05 |
Enterprise Valuation
On an enterprise value basis, Coherent, Inc. trades at an EV/EBITDA multiple of 32.75 and an EV/FCF ratio of 41.14. The EV/Sales ratio of 6.24 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 55.53 provides insight into valuation relative to core operating earnings.
| EV / Sales | 6.24 |
| EV / EBITDA | 32.75 |
| EV / EBIT | 55.53 |
| EV / FCF | 41.14 |
Financial Position
Coherent, Inc. maintains a current ratio of 3.05, meaning it holds 3.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 31.09, indicating elevated leverage, while an interest coverage ratio of 6.16 demonstrates adequate ability to service its debt obligations.
| Current Ratio | 3.05 |
| Quick Ratio | 1.73 |
| Debt / Equity | 31.09 |
| Debt / EBITDA | 2.72 |
| Interest Coverage | 6.16 |
Financial Efficiency
Coherent, Inc. posts a return on equity of 4.83 and a return on invested capital of 4.97.
| Return on Equity (ROE) | 4.83 |
| Return on Assets (ROA) | 2.96 |
| Return on Invested Capital (ROIC) | 4.97 |
| Return on Capital Employed (ROCE) | 4.93 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 2.37 |
Taxes
Over the trailing twelve months, Coherent, Inc. has paid 53.23M in income taxes, reflecting an effective tax rate of 10.52.
| Income Tax | 53.23M |
| Effective Tax Rate | 10.52 |
Stock Price Statistics
Coherent, Inc.'s stock has gained approximately 376.7583% over the past 52 weeks. The 50-day moving average sits at 346.90, while the 200-day moving average is 217.90.
| Beta (5Y) | N/A |
| 52-Week Price Change | 376.7583% |
| 50-Day Moving Average | 346.90 |
| 200-Day Moving Average | 217.90 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Coherent, Inc. generated 6.60B in revenue and converted that into 468.85M in net income, yielding earnings per share of 2.46. EBITDA reached 1.26B, while operating income came in at 742.16M.
| Revenue | 6.60B |
| Gross Profit | 2.43B |
| Operating Income | 742.16M |
| Pretax Income | 505.81M |
| Net Income | 468.85M |
| EBITDA | 1.26B |
| EBIT | 742.16M |
| Earnings Per Share (EPS) | 2.46 |
Balance Sheet
Coherent, Inc. holds 2.42B in cash and equivalents against 3.43B in total debt, resulting in a net debt position of 1.60B. Total book value stands at 10.86B, with working capital of 4.33B providing operational flexibility.
| Cash & Cash Equivalents | 2.42B |
| Total Debt | 3.43B |
| Net Debt | 1.60B |
| Equity (Book Value) | 10.86B |
| Book Value Per Share | 64.87 |
| Working Capital | 4.33B |
Cash Flow
Coherent, Inc. produced 140.34M in operating cash flow over the past twelve months. After subtracting -678.58M in capital expenditures, free cash flow totaled -538.24M - equivalent to -3.22 per share.
| Operating Cash Flow | 140.34M |
| Capital Expenditures | -678.58M |
| Free Cash Flow | -538.24M |
| FCF Per Share | -3.22 |
Margins
Coherent, Inc. operates with a gross margin of 36.78, reflecting its pricing power and cost economics. The operating margin of 11.24 and net profit margin of 7.10 provide insight into operational efficiency.
| Gross Margin | 36.78 |
| Operating Margin | 11.24 |
| Pretax Margin | 7.66 |
| Profit Margin | 7.10 |
| EBITDA Margin | 19.06 |
Dividends & Yields
The company's payout ratio of -15.43 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 0.07 |
| Dividend Yield | N/A |
| Payout Ratio | -15.43 |
| Shareholder Yield | -3.54 |
| FCF Yield | 1.87 |
Stock Splits
Coherent, Inc.'s most recent stock split took place on June 27, 2011 with a 1:2 split ratio.
| Last Split Date | 6/27/2011 |
| Split Ratio | 1:2 |
Scores
Coherent, Inc. posts an Altman Z-Score of 5.41, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 5.41 |