Cohu (COHU) ROCE %: -2.63% (As of Mar. 2026)

What is Cohu ROCE %?

Cohu COHU -4.87% 59 ROCE % is -2.63% as of Mar. 2026. GuruFocus rates COHU with a GF Score™ of 59/100 and a GF Value™ of $26.17 (Significantly Overvalued). The stock has 5 warning signs investors should review.

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. Cohu's annualized ROCE % for the quarter that ended in Mar. 2026 was -2.63%.

Cohu (NAS:COHU) 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.

Cohu ROCE % Related Terms

Cohu ROCE % Historical Data

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The historical data trend for Cohu'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.

Cohu ROCE % Chart

Cohu Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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20.05

12.27

4.66

-6.56

-5.89

Cohu Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															-11.47	-6.56	-3.40	-4.78	-2.63

59GF Score

Cohu Inc COHU

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Cohu ROCE % Calculation

Cohu's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	-60.353	/	( ( (999.415 - 85.184)	+	(1242.982 - 109.078) )	/ 2 )
	=	-60.353	/	( (914.231	+	1133.904)	/ 2 )
	=	-60.353	/	1024.0675
	=	-5.89 %

Cohu's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	-29.568	/	( ( (1242.982 - 109.078)	+	(1235.037 - 117.308) )	/ 2 )
	=	-29.568	/	( ( 1133.904	+	1117.729 )	/ 2 )
	=	-29.568	/	1125.8165
	=	-2.63 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -2.63% mean?

Cohu (COHU) has a ROCE % of -2.63% as of Mar. 2026.

Is Cohu's ROCE % too high?

Cohu's current ROCE % is -2.63%. Overall, Cohu has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Cohu's ROCE % compare to AEHR and ICHR?

Cohu's ROCE % of -2.63% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.81. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Semiconductors company?

The median ROCE % among Semiconductors companies is 4.81, based on 1,016 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median ROCE % is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cohu's current ROCE % is -2.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Cohu stock overvalued right now?

Based on GuruFocus' analysis, Cohu (COHU) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.17, compared to a current price of $63.86 — trading 144% above its estimated fair value. The current ROCE % is -2.63%. Cohu's overall GF Score™ is 59/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Cohu (COHU), the current ROCE % is -2.63% 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 Cohu (COHU) Overvalued in 2026?

Based on GuruFocus' analysis, Cohu stock appears to be overvalued. The current stock price of $63.86 is trading 144% above its estimated GF Value™ of $26.17. GuruFocus considers Cohu to be Significantly Overvalued.

Key valuation signals for COHU:

ROCE %: -2.63%
GF Value™: $26.17 vs. price of $63.86 (144% above fair value)
GF Score™: 59/100 with 5 warning signs

No single metric tells the full story. See the COHU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Cohu Business Description

Industry Technology Semiconductors

Comparable Companies AEHR ICHR AMBA PLAB VECO IPGP AXTI DQ ACLS UCTT XAMS:ASML AMAT LRCX KLAC TSE:8035 TSE:6857 SZSE:002371 TER SHSE:688012 XAMS:ASM

Other Exchanges CU3:Germany

Address 17087 Via Del Campo, San Diego, CA, USA, 92127-1711

Website https://www.cohu.com

Cohu Inc is a supplier of semiconductor test and inspection handlers, micro-electro-mechanical system (MEMS) test modules, test contactors, and thermal sub-systems used by semiconductor manufacturers and test subcontractors. The company's products include Semiconductor ATE (Automated Test Equipment), Semiconductor Handlers, Interface Products such as test contactors, probe heads, and probe pins, Spares and Kits, Bare Board PCB Test Systems, and services. It has one reportable segment, Semiconductor Test and Inspection Equipment (Semiconductor Test & Inspection). Geographically, the company generates maximum revenue from the Philippines, followed by Taiwan, China, Malaysia, the United States, Singapore, and the Rest of the world.

59GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$63.86

Price

$26.17

GF Value

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