Coherent (Coherent) ROCE % : 13.98% (As of Mar. 2022)

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What is Coherent ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Coherent's annualized ROCE % for the quarter that ended in Mar. 2022 was 13.98%.

Coherent ROCE % Historical Data

The historical data trend for Coherent's ROCE % 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.

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Coherent ROCE % Chart

Coherent Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

ROCE %

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23.38

20.36

4.25

-25.02

-6.36

Coherent Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
ROCE %	Get a 7-Day Free Trial															-51.71	11.95	9.14	10.74	13.98

Coherent ROCE % Calculation

Coherent's annualized ROCE % for the fiscal year that ended in Sep. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2021 )		(A: Sep. 2020 )		(A: Sep. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2021 )		(A: Sep. 2020 )		(A: Sep. 2021 )
	=	-97.479	/	( ( (1827.496 - 268.058)	+	(1888.93 - 382.215) )	/ 2 )
	=	-97.479	/	( (1559.438	+	1506.715)	/ 2 )
	=	-97.479	/	1533.0765
	=	-6.36 %

Coherent's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2022 )		(Q: Dec. 2021 )		(Q: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2022 )		(Q: Dec. 2021 )		(Q: Mar. 2022 )
	=	211.064	/	( ( (1848.4 - 345.376)	+	(1870.395 - 353.963) )	/ 2 )
	=	211.064	/	( ( 1503.024	+	1516.432 )	/ 2 )
	=	211.064	/	1509.728
	=	13.98 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2022) EBIT data.

Coherent (NAS:COHR) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Coherent ROCE % Related Terms

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Coherent (Coherent) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Coherent Inc (NAS:COHR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5100 Patrick Henry Drive, Santa Clara, CA, USA, 95054

Website

https://www.coherent.com

Coherent Inc supplies photonics-based solutions for commercial and scientific research applications. The firm operates in two segments: OEM Laser Sources and Industrial Lasers & Systems. The OEM Laser Sources segment develops and manufactures products for the microelectronics, scientific research, government, and original equipment manufacturer markets. This business contributes the majority of revenue. The Industrial Lasers & Systems segment makes products for the materials processing, OEM components and instrumentation, and microelectronics markets, with a focus on higher-volume products that are sold in set configurations. The majority of Coherent's revenue is generated outside of the United States.

Executives

Kevin S. Palatnik	officer: Chief Financial Officer	2655 SEELY AVENUE, BLDG. 5, SAN JOSE CA 95134
Jay T Flatley	director	9885 TOWNE CENTRE DR, SAN DIEGO CA 92121
Pamela Fletcher	director	C/O COHERENT, INC., 5100 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Beverly Kay Matthews	director	C/O COHERENT, INC., 5100 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Sandeep Vij	director	C/O XILINX INC, 2100 LOGIC DRIVE, SAN JOSE CA 95124
Michael R. Mcmullen	director	5301 STEVENS CREEK BLVD., MS 1A-LC, SANTA CLARA CA 95051
Stephen A Skaggs	director	5555 NE MOORE CT., HILLSBORO OR 97124
Andreas W Mattes	director, officer: President and CEO	C/O DIEBOLD, INCORPORATED, 5995 MAYFAIR RD, NORTH CANTON OH 44720
Garry W Rogerson	director	3120 HANSEN WAY, PALO ALTO CA 943041030
Mark Stewart Sobey	officer: EVP & Chief Operating Officer
Bret Dimarco	officer: Exec VP & Chief Legal Officer	PO BOX 54980 SANTA CLARA CA 95056-0980
Paul F Sechrist	officer: EVP Worldwide Sales & Services	5100 PATRICK HENRY DR SANTA CLARA CA 95054
John Ambroseo	director, officer: Pres. & CEO
Luis Spinelli	officer: Exec VP, CTO	P O BOX 54980 SANTA CLARA CA 950560980
Susan M. James	director	COHERENT, INC., P. O. BOX 54980, SANTA CLARA CA 95056-0980