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Coherent Valuation Multiples
Discover revenue and EBITDA valuation multiples for Coherent and similar public comparables like Lumentum, Luxshare Precision, LG Energy Solution, ASE Group and more.
Coherent Overview
About Coherent
Coherent Corp engaged in materials, networking, and lasers, is a vertically integrated manufacturing company that develops, manufactures, and markets engineered materials, optoelectronic components and devices, and lasers for use in the industrial, communications, electronics and instrumentation markets. The firm operates in three segments Networking, Materials, and Lasers Segment. It generates maximum revenue from Networking segment. The company geographically operates in North America. Europe, China, Japan and Rest of the world.
Founded
1971
HQ

Employees
30.2K
Website
Financials (LTM)
EV
$67B
Coherent Financials
Coherent reported last 12-month revenue of $7B and EBITDA of $2B.
In the same LTM period, Coherent generated $3B in gross profit, $2B in EBITDA, and $948M in net income.
Revenue (LTM)
Coherent P&L
In the most recent fiscal year, Coherent reported revenue of $6B and EBITDA of $1B.
Coherent expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $7B | XXX | $6B | XXX | XXX | XXX |
| Gross Profit | $3B | XXX | $2B | XXX | XXX | XXX |
| Gross Margin | 39% | XXX | 35% | XXX | XXX | XXX |
| EBITDA | $2B | XXX | $1B | XXX | XXX | XXX |
| EBITDA Margin | 23% | XXX | 22% | XXX | XXX | XXX |
| EBIT Margin | 20% | XXX | 18% | XXX | XXX | XXX |
| Net Profit | $948M | XXX | $563M | XXX | XXX | XXX |
| Net Margin | 14% | XXX | 10% | XXX | XXX | XXX |
| Net Debt | — | — | $3B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Coherent Stock Performance
Coherent has current market cap of $65B, and enterprise value of $67B.
Market Cap Evolution
Coherent's stock price is $345.02.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $67B | $65B | 5.2% | XXX | XXX | XXX | $3.00 |
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Start Free TrialCoherent Valuation Multiples
Coherent trades at 10.0x EV/Revenue multiple, and 42.9x EV/EBITDA.
EV / Revenue (LTM)
Coherent Financial Valuation Multiples
As of April 18, 2026, Coherent has market cap of $65B and EV of $67B.
Equity research analysts estimate Coherent's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Coherent has a P/E ratio of 68.3x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $65B | XXX | $65B | XXX | XXX | XXX |
| EV (current) | $67B | XXX | $67B | XXX | XXX | XXX |
| EV/Revenue | 10.0x | XXX | 11.6x | XXX | XXX | XXX |
| EV/EBITDA | 42.9x | XXX | 52.2x | XXX | XXX | XXX |
| EV/EBIT | 50.1x | XXX | 65.0x | XXX | XXX | XXX |
| EV/Gross Profit | 26.0x | XXX | 33.0x | XXX | XXX | XXX |
| P/E | 68.3x | XXX | 115.0x | XXX | XXX | XXX |
| EV/FCF | 164.4x | XXX | 319.2x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Coherent Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Coherent Margins & Growth Rates
Coherent's revenue in the last 12 month grew by 25%.
Coherent's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.
Coherent's rule of 40 is 48% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Coherent's rule of X is 83% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Coherent Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 25% | XXX | 20% | XXX | XXX | XXX |
| EBITDA Margin | 23% | XXX | 22% | XXX | XXX | XXX |
| EBITDA Growth | 35% | XXX | 27% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 48% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 83% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| R&D Expenses to Revenue | 9% | XXX | 10% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 26% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Coherent Public Comps
See public comps and valuation multiples for other Electronic Components and Industrial Parts comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Coherent | XXX | XXX | XXX | XXX | XXX | XXX |
| Lumentum | XXX | XXX | XXX | XXX | XXX | XXX |
| Luxshare Precision | XXX | XXX | XXX | XXX | XXX | XXX |
| LG Energy Solution | XXX | XXX | XXX | XXX | XXX | XXX |
| ASE Group | XXX | XXX | XXX | XXX | XXX | XXX |
| SK Square | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Coherent M&A Activity
Coherent acquired XXX companies to date.
Last acquisition by Coherent was on XXXXXXXX, XXXXX. Coherent acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Coherent
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialCoherent Investment Activity
Coherent invested in XXX companies to date.
Coherent made its latest investment on XXXXXXXX, XXXXX. Coherent invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Coherent
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Coherent
| When was Coherent founded? | Coherent was founded in 1971. |
| Where is Coherent headquartered? | Coherent is headquartered in United States. |
| How many employees does Coherent have? | As of today, Coherent has over 30K employees. |
| Who is the CEO of Coherent? | Coherent's CEO is James Robert Anderson. |
| Is Coherent publicly listed? | Yes, Coherent is a public company listed on NYSE. |
| What is the stock symbol of Coherent? | Coherent trades under COHR ticker. |
| When did Coherent go public? | Coherent went public in 1987. |
| Who are competitors of Coherent? | Coherent main competitors are Lumentum, Luxshare Precision, LG Energy Solution, ASE Group. |
| What is the current market cap of Coherent? | Coherent's current market cap is $65B. |
| What is the current revenue of Coherent? | Coherent's last 12 months revenue is $7B. |
| What is the current revenue growth of Coherent? | Coherent revenue growth (NTM/LTM) is 25%. |
| What is the current EV/Revenue multiple of Coherent? | Current revenue multiple of Coherent is 10.0x. |
| Is Coherent profitable? | Yes, Coherent is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Coherent? | Coherent's last 12 months EBITDA is $2B. |
| What is Coherent's EBITDA margin? | Coherent's last 12 months EBITDA margin is 23%. |
| What is the current EV/EBITDA multiple of Coherent? | Current EBITDA multiple of Coherent is 42.9x. |
| What is the current FCF of Coherent? | Coherent's last 12 months FCF is $410M. |
| What is Coherent's FCF margin? | Coherent's last 12 months FCF margin is 6%. |
| What is the current EV/FCF multiple of Coherent? | Current FCF multiple of Coherent is 164.4x. |
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