CoherentHAM:H7B -5.83%80 Net Margin % is 10.60% as of Mar. 2026, which is 44% above its 10-year median of 7.34. GuruFocus rates HAM:H7B with a GF Score™ of 80/100 and a GF Value™ of €74.28 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,473 Hardware companies, Coherent ranks better than 70.97% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Coherent's Net Income for the
three
months ended in Mar. 2026 was €166 Mil. Coherent's Revenue for the
three
months ended in Mar. 2026 was €1,562 Mil. Therefore, Coherent's net margin for the quarter that ended in Mar. 2026 was 10.60%.
The historical rank and industry rank for Coherent's Net Margin % or its related term are showing as below:
HAM:H7B'
s Net Margin % Range Over the Past 10 Years
Min: -5.03 Med: 7.34 Max: 9.8
Current: 7.1
HAM:H7B's Net Margin % is ranked better than 70.97% of 2473
companies
in the Hardware industry
Industry Median: 2.7
vs HAM:H7B: 7.10
Coherent (HAM:H7B) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Coherent Net Margin % Related Terms
Coherent Net Margin % Historical Data
* Premium members only.
The historical data trend for Coherent's Net Margin % 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.
HAM:H7B vs KEYS, GRMN, TDY: Net Margin % Comparison
For the Scientific & Technical Instruments subindustry, Coherent's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Coherent's Net Margin % distribution charts can be found below:
* The bar in red indicates where Coherent's Net Margin % falls into.
* 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 (HAM:H7B) has a Net Margin % of 10.60% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Coherent and its competitors. This is 44% above median its historical median of 7.34. According to the industry distribution chart, Coherent ranks #718 out of 2473 companies in the Hardware industry, placing it in the top 29%.
Is Coherent's Net Margin % too high?
Coherent's current Net Margin % of 10.60% is 44% above median its 10-year median of 7.34. The Hardware industry median Net Margin % is 2.70. Coherent's value of 10.60% is 292.6% above this industry median. Based on the distribution chart, Coherent ranks #718 out of 2473 companies in the Hardware industry, which is above the industry midpoint. 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 Net Margin % compare to KEYS and GRMN?
According to the Hardware industry distribution chart, Coherent ranks #718 out of 2473 companies for Net Margin %. This puts Coherent in the upper half of its industry. The industry median Net Margin % is 2.70. Coherent's value of 10.60% is 292.6% above this benchmark. While the company's 10-year median is 7.34 vs. the industry median of 2.70, Coherent has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Hardware company?
The median Net Margin % among Hardware companies is 2.70, based on 2,473 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coherent's current Net Margin % of 10.60% is 292.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Coherent and its competitors. For the Hardware industry, the median Net Margin % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coherent's current Net Margin % is 10.60%, which is 44% above median its own 10-year median of 7.34. 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 (HAM:H7B) is currently considered Significantly Overvalued. The stock's GF Value™ is €74.28, compared to a current price of €339.10 — trading 356.5% above its estimated fair value. The current Net Margin % is 10.60%, which is 44% above median its 10-year median of 7.34 and 292.6% above the Hardware industry median of 2.70. Coherent's overall GF Score™ is 80/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Coherent (HAM:H7B), the current Net Margin % is 10.60% as of Mar. 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 (HAM:H7B) Overvalued in 2026?
Based on GuruFocus' analysis, Coherent stock appears to be overvalued.
The current stock price of €339.10 is trading 356.5% above its estimated GF Value™ of €74.28.
GuruFocus considers Coherent to be Significantly Overvalued.
Key valuation signals for HAM:H7B:
Net Margin %: 10.60% (44% above median its 10-year median of 7.34)
GF Value™: €74.28 vs. price of €339.10 (356.5% above fair value)
Industry Position: 292.6% above the Hardware median (#718 of 2473)
No single metric tells the full story. See the HAM:H7B 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.
80GF Score
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