CoherentCOHR -9.57%80 EV-to-FCF is -123.67 as of Jul. 04, 2026. GuruFocus rates COHR with a GF Score™ of 80/100 and a GF Value™ of $83.67 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,327 Hardware companies, Coherent ranks worse than 75357.87% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Coherent's Enterprise Value is $66,564 Mil.
Coherent's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-538 Mil. Therefore, Coherent's EV-to-FCF for today is -123.67.
The historical rank and industry rank for Coherent's EV-to-FCF or its related term are showing as below:
COHR'
s EV-to-FCF Range Over the Past 10 Years
Min: -2197.71 Med: 61.78 Max: 1563.88
Current: -123.67
During the past 13 years, the highest EV-to-FCF of Coherent was 1563.88. The lowest was -2197.71. And the median was 61.78.
COHR's EV-to-FCF is ranked worse than 100% of 1327
companies
in the Hardware industry
Industry Median: 23.98
vs COHR: -123.67
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Coherent's share price for today is $333.36.
Coherent's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.090.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Coherent EV-to-FCF Related Terms
Coherent EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Coherent's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Scientific & Technical Instruments subindustry, Coherent's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Coherent EV-to-FCF vs Hardware Industry
For the Hardware industry and Technology sector, Coherent's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Coherent's EV-to-FCF falls into.
Coherent's current Enterprise Value is $66,564 Mil.
Coherent's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-538 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Coherent (COHR) has a EV-to-FCF of -123.67 as of Jul. 04, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Coherent and its competitors. According to the industry distribution chart, Coherent ranks #999999 out of 1327 companies in the Hardware industry.
Is Coherent's EV-to-FCF too high?
Coherent's current EV-to-FCF is -123.67. Based on the distribution chart, Coherent ranks #999999 out of 1327 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Coherent has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coherent's EV-to-FCF compare to KEYS and GRMN?
According to the Hardware industry distribution chart, Coherent ranks #999999 out of 1327 companies for EV-to-FCF. This places Coherent in the lower half of its industry. The industry median EV-to-FCF is 23.98. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Hardware company?
The median EV-to-FCF among Hardware companies is 23.98, based on 1,327 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Coherent and its competitors. For the Hardware industry, the median EV-to-FCF is 23.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coherent's current EV-to-FCF is -123.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coherent stock overvalued right now?
Based on GuruFocus' analysis, Coherent (COHR) is currently considered Significantly Overvalued. The stock's GF Value™ is $83.67, compared to a current price of $333.36 — trading 298.4% above its estimated fair value. The current EV-to-FCF is -123.67. Coherent's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Coherent (COHR), the current EV-to-FCF is -123.67 as of Jul. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Coherent (COHR) Overvalued in 2026?
Based on GuruFocus' analysis, Coherent stock appears to be overvalued.
The current stock price of $333.36 is trading 298.4% above its estimated GF Value™ of $83.67.
GuruFocus considers Coherent to be Significantly Overvalued.
Key valuation signals for COHR:
EV-to-FCF: -123.67
GF Value™: $83.67 vs. price of $333.36 (298.4% above fair value)
No single metric tells the full story. See the COHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coherent Corp is a vertically integrated manufacturing company that develops, manufactures, and markets lasers, transceivers, and other optical and optoelectronic devices, modules, and systems, as well as engineered materials, for use in the communications, industrial, instrumentation, and electronics markets. Its reporting segments are Datacenter Communications and Industrial. Its geographic areas are North America, Europe, China, Japan, and the rest of the world.
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