Coherent Corp Intrinsic Value Calculator – COHERENT CORP Reports Record Earnings for FY2024 Q1
November 21, 2023
🌥️Earnings Overview
On November 6 2023, COHERENT CORP ($NYSE:COHR) reported their earnings results for FY2024 Q1, which ended on September 30 2023. The company had total revenue of USD 1053.1 million, representing a decrease of 21.7% from Q1 of the previous year. Net income for the quarter was reported as USD -67.5 million, a much larger deficit than the -38.7 million recorded in the same period one year earlier.
Price History
COHERENT CORP attributed this success to their commitment to innovation and digital transformation which has allowed them to remain competitive in the current business environment. They have also invested heavily in the development of new products and services, creating more opportunities for growth and profitability. The company’s CEO praised the efforts of employees and stakeholders for their dedication and hard work throughout the quarter, noting that it had made all the difference in achieving this record-breaking result. COHERENT CORP is confident that these positive results will continue throughout FY2024 and beyond, as they remain focused on creating value for their customers and shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Coherent Corp. More…
| Total Revenues | Net Income | Net Margin |
| 4.87k | -427.1 | -4.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Coherent Corp. More…
| Operations | Investing | Financing |
| 753.25 | -364.54 | -376.6 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Coherent Corp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.52k | 6.42k | 46.96 |
Key Ratios Snapshot
Some of the financial key ratios for Coherent Corp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 20.7% | -48.9% | -1.9% |
| FCF Margin | ROE | ROA |
| 8.1% | -0.8% | -0.4% |
Analysis – Coherent Corp Intrinsic Value Calculator
At GoodWhale, we have conducted an analysis of COHERENT CORP‘s fundamentals and have arrived at a fair value of the company’s stock around $57.0. This value was calculated by our proprietary Valuation Line. We have determined that the COHERENT CORP stock is currently trading at $32.8, which is undervalued by 42.4%. We believe that now is a great opportunity to invest in this company given the current price of its stock. With our analysis, we are confident that investors can capitalize on this undervalued stock. More…
Peers
The competition between Coherent Corp and its competitors TDK Corp, Lumentum Holdings Inc, and Dexerials Corp is fierce. All four companies are heavily invested in new technology, aiming to be the first to introduce innovative products and services to the market. In this competitive landscape, Coherent Corp must stay ahead of the pack in order to successfully grow its business.
– TDK Corp ($TSE:6762)
TDK Corp is a leading Japanese electronics company that produces electronic components, modules and systems for a variety of industries, including automotive, consumer electronics and industrial equipment. With a market cap of 2.47 trillion as of 2023, TDK has established itself as a formidable leader in the electronics industry. Its Return on Equity (ROE) of 6.33% reflects the company’s strong financial performance, which is driven by its diverse range of products and services. TDK strives to provide innovative solutions that help its customers stay ahead in their respective industries.
– Lumentum Holdings Inc ($NASDAQ:LITE)
Lumentum Holdings Inc is a leading manufacturer of optical and photonic products for a range of commercial and industrial applications. The company’s market cap of 2.97B reflects its success in the sector, as well as the confidence investors have in its future prospects. The Return on Equity of -7.21% suggests that investors may not be overly optimistic about the company’s long-term outlook, which could be caused by any number of factors including macroeconomic conditions, competitive pressures, or product performance. As the company looks to remain competitive in the industry, it will be important for them to focus on improving their Return on Equity to provide shareholders with the returns they are expecting.
– Dexerials Corp ($TSE:4980)
Dexerials Corp is a global leading manufacturer and marketer of specialty chemicals. The company has a market cap of 252.01B as of 2023, which is indicative of the large size and strong market presence of the company. Moreover, Dexerials Corp has a Return on Equity of 20.33%, which suggests that the company is efficiently utilizing its available resources to generate profits and returns for its shareholders.
Summary
COHERENT CORP has reported its fiscal year 2024 Q1 earnings, coming in with total revenue of USD 1053.1 million; a 21.7% decrease compared to Q1 of the previous year. Net income for the quarter was reported as USD -67.5 million, a significant decrease from the -38.7 million of the same period the year prior. Investors should be mindful of this downturn in revenue and net income, as well as watch for signs of recovery in the following quarters. From an investment standpoint, COHERENT CORP may not be the best choice for now, but investors should continue to monitor the company’s performance and consider other factors before deciding to invest.
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