IIVI Share Price | Coherent Corp. Stock Analysis & Recommendation

Q: Is Coherent Corp. overvalued or undervalued?

As of 13 August 2025, the valuation grade for Coherent Corp. has moved from very attractive to attractive, indicating a shift in its perceived value. The company appears to be overvalued, particularly when considering its high P/E ratio of 62, which is significantly above its peer average of approximately 59.7. Additionally, the EV to EBITDA ratio stands at 14.68, while the industry average is much lower, suggesting that investors are paying a premium for earnings before interest, taxes, depreciation, and amortization. The PEG ratio of 0.07, however, indicates that the stock may still be undervalued in terms of growth potential, but this is overshadowed by other high valuation metrics.In comparison to peers, Rockwell Automation has a P/E of 57.64 and an EV to EBITDA of 37.69, while Keysight Technologies shows a P/E of 59.54 and an EV to EBITDA of 25.46, both of which are still lower than Coherent Corp.'s metrics. Despite this, Coherent Corp. has outperformed the S&P 500 in various timeframes, with a 1-year return of 33.43% compared to the S&P 500's 17.14%, and a remarkable 5-year return of 182.71% against the S&P 500's 96.61%. This strong performance may suggest that investors are willing to accept a higher valuation for the potential growth ahead.

Q: Is Coherent Corp. technically bullish or bearish?

As of 5 September 2025, the technical trend for Coherent Corp. has changed from mildly bullish to bullish. The current stance is bullish, supported by weekly and monthly bullish signals in MACD and Bollinger Bands, along with a bullish daily moving average. The RSI is bullish on a weekly basis, although it shows no signal on a monthly basis. KST is bullish weekly but mildly bearish monthly, while Dow Theory indicates a mildly bullish trend weekly with no trend monthly. The stock has outperformed the S&P 500 across multiple periods, with a 1-year return of 33.43% compared to the S&P 500's 17.14%. Overall, the strength of the bullish stance is reinforced by strong short-term performance and positive technical indicators.

Q: How big is Coherent Corp.?

As of Jun 18, Coherent Corp. has a market capitalization of 13,503.54 million, categorizing it as a Mid Cap company.As of Jun 24, the company reported net sales of 5,595.07 million and a net profit of 81.16 million for the latest four quarters.As of Jun 24, the balance sheet shows shareholder's funds of 7,574.89 million and total assets amounting to 14,488.63 million.

Q: What does Coherent Corp. do?

Overview:Coherent Corp. develops and manufactures engineered materials, optoelectronic components, and products in the Electronics & Appliances industry, operating within the mid-cap market.Financial Snapshot:Most recent Net Sales: 1,498 Million (Quarterly Results - Mar 2025) Most recent Net Profit: 2 Million (Quarterly Results - Mar 2025) Market-cap: USD 13,503.54 Million (Mid Cap)Key Metrics:P/E: 62.00 Dividend Yield: 0.00% Debt Equity: 0.37 Return on Equity: 2.81% Price to Book: 1.73Contact Details:Address: 375 Saxonburg Blvd, SAXONBURG PA: 16056-9430 Tel: 1 724 3524455 Fax: 1 724 3525284 Website: https://www.ii-vi.com/

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

3.5 M

Shareholding (Mar 2026)

FII

15.78%

Held by 347 FIIs

DII

78.51%

Held by 75 DIIs

Promoter

5.71%

Is Coherent Corp. overvalued or undervalued?

20-Sep-2025

As of August 13, 2025, Coherent Corp. is considered attractive but overvalued with a high P/E ratio of 62 compared to peers, despite strong performance outpacing the S&P 500, indicating investors may be paying a premium for its growth potential.

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Is Coherent Corp. technically bullish or bearish?

20-Sep-2025

As of September 5, 2025, Coherent Corp. has a bullish trend supported by positive technical indicators, including bullish MACD and Bollinger Bands, a strong 1-year return of 33.43%, and outperformance against the S&P 500.

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How big is Coherent Corp.?

22-Jun-2025

As of Jun 24, Coherent Corp. has a market capitalization of $13.50 billion, with net sales of $5.60 billion and a net profit of $81.16 million over the latest four quarters. The balance sheet shows shareholder's funds of $7.57 billion and total assets of $14.49 billion.

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What does Coherent Corp. do?

22-Jun-2025

Coherent Corp. develops and manufactures engineered materials and optoelectronic components in the Electronics & Appliances industry, with a market cap of approximately $13.5 billion. As of March 2025, it reported net sales of $1.5 billion and a net profit of $2 million.

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Who are in the management team of Coherent Corp.?

22-Jun-2025

As of March 2022, the management team of Coherent Corp. includes Non-Executive Chairman Francis Kramer, CEO Dr. Vincent Mattera, Lead Independent Director Marc Pelaez, and Independent Directors Joseph Corasanti, Enrico Digirolamo, and Michael Dreyer. They are responsible for the company's strategic direction and governance.

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Compare Coherent Corp. with Similar Stocks

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Healthy long term growth as Net Sales has grown by an annual rate of 19.54%

With a growth in Net Sales of 2.1%, the company declared Outstanding results in Jun 25

With ROCE of 5.17%, it has a very attractive valuation with a 1.53 Enterprise value to Capital Employed

Consistent Returns over the last 3 years

Mojo Parameters

Stock DNA

Industry

Electronics & Appliances

Market cap

USD 49,018 Million (Large Cap)

P/E

90.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.29

Return on Equity

6.36%

Price to Book

5.74

Revenue and Profits:

Net Sales:

1,806 Million

(Quarterly Results - Mar 2026)

Net Profit:

182 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

51.46%

6 Months

121.71%

1 Year

373.41%

2 Years

430.53%

3 Years

609.99%

4 Years

652.5%

5 Years

477.48%

Coherent Corp. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

16.86%

EBIT Growth (5y)

15.16%

EBIT to Interest (avg)

2.78

Debt to EBITDA (avg)

2.16

Net Debt to Equity (avg)

0.37

Sales to Capital Employed (avg)

0.45

Tax Ratio

51.54%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

99.42%

ROCE (avg)

5.79%

ROE (avg)

3.33%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

5.74

EV to EBIT

69.39

EV to EBITDA

41.04

EV to Capital Employed

4.67

EV to Sales

8.18

PEG Ratio

0.59

Dividend Yield

ROCE (Latest)

6.73%

ROE (Latest)

6.36%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Bullish

OBV

No Trend

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2026

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 145 Schemes (55.05%)

Foreign Institutions

Held by 347 Foreign Institutions (15.78%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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          "val1": "1,126.80",
          "val2": "778.10",
          "chgp": "44.81%",
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          "val1": "243.30",
          "val2": "288.50",
          "chgp": "-15.67%",
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          "val1": "-302.30",
          "val2": "-124.30",
          "chgp": "-143.20%",
          "chgp_class": "negative"
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Quarterly Results Snapshot (Consolidated) - Mar'26 - QoQ

Mar'26

Dec'25

Change(%)

Net Sales

1,805.60

1,685.60

7.12%

Operating Profit (PBDIT) excl Other Income

377.90

346.10

9.19%

Interest

44.60

45.90

-2.83%

Exceptional Items

-53.10

-36.10

-47.09%

Consolidate Net Profit

181.70

143.80

26.36%

Operating Profit Margin (Excl OI)

135.70%

130.60%

0.51%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2026 is 7.12% vs 6.59% in Dec 2025

Consolidated Net Profit

QoQ Growth in quarter ended Mar 2026 is 26.36% vs -36.15% in Dec 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Jun'25

Jun'25

Jun'24

Change(%)

Net Sales

5,810.10

4,707.70

23.42%

Operating Profit (PBDIT) excl Other Income

1,126.80

778.10

44.81%

Interest

243.30

288.50

-15.67%

Exceptional Items

-302.30

-124.30

-143.20%

Consolidate Net Profit

30.10

-158.80

118.95%

Operating Profit Margin (Excl OI)

101.60%

46.40%

5.52%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Jun 2025 is 23.42% vs -8.77% in Jun 2024

Consolidated Net Profit

YoY Growth in year ended Jun 2025 is 118.95% vs 38.81% in Jun 2024

All Annual Results

Company CV

About Coherent Corp.

Coherent Corp.

Electronics & Appliances

II-VI Incorporated develops and manufactures engineered materials, optoelectronic components and products. The Company has three segments: II-VI Laser Solutions, II-VI Photonics and II-VI Performance Products. The II-VI Laser Solutions segment designs, manufactures and markets optical and electro-optical components and materials sold under the II-VI Infrared brand name and used in carbon dioxide (CO2) lasers, fiber-delivered beam delivery systems and processing tools and direct diode lasers for industrial lasers sold under the II-VI HIGHYAG and II-VI Laser Enterprise brand names. The II-VI Photonics segment manufactures crystal materials, optics, microchip lasers and opto-electronic modules for use in optical communication networks and other consumer and commercial applications. The II-VI Performance Products segment designs, manufactures and markets infrared optical components and high-precision optical assemblies for military, medical and commercial laser imaging applications.

Company Coordinates

Company Details

375 Saxonburg Blvd , SAXONBURG PA : 16056-9430

Tel: 1 724 3524455

https://www.ii-vi.com/

Registrar Details