# Coherent CDR (CAD Hedged) (COHR.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: null. Price C$14.75, market value C$57.5 billion.

## Valuation
- **P/E (trailing): 50.9×**. Coherent CDR (CAD Hedged) trades at 50.9× trailing earnings.
- **Price / sales: 8.1×**. Each dollar of revenue is priced at 8.1×.
- **Price / book: 5.3×**. The shares trade at 5.3× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 37.9×**. Enterprise value is 37.9× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: -1.8%**. Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 2.0%**. The inverse of the P/E: 2.0% of the price is earned each year.

## Profitability
- **Gross margin: 37.5%**. Coherent CDR (CAD Hedged) keeps 37.5% of revenue after the direct cost of what it sells.
- **Operating margin: 12.7%**. 12.7% of revenue is left after running the business.
- **Net margin: 11.3%**. 11.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 7.4%**. 7.4% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 6.7%**. Return on all capital, debt included, is 6.7%.
- **Return on assets: 4.4%**. Each dollar of assets produces 4.4% of profit.

## Growth
- **Revenue growth (1 yr): 22.5%** (3-yr 11.3%/yr). Revenue grew 22.5% over the last year.
- **EPS growth (1 yr): 892.3%**. Earnings per share rose 892.3%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.32**. Debt is 0.32 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.0×**. It would take 1.0 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 4.7×**. Operating profit covers interest 4.7× over, a safe margin.
- **Current ratio: 2.43** (quick 1.52). Current assets cover the next year's liabilities 2.43 times.
- **Altman Z-score: 6.58**. A Z-score of 6.58 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Coherent CDR (CAD Hedged) does not currently pay a dividend.

## Price and momentum
- **From 52-week high: -15.5%** (4.4% above the low). Trading 15% below its 52-week high.

Live score and charts: https://foliofundamentals.com/analyzer?s=COHR.TO · Page: https://foliofundamentals.com/stocks/cohr.to

Not investment advice.