On 12 Nov 2026 our base value for Coherent Corp. is $426.08 a share, 83.6% above its $232.08 close; 1 of 1 valuation methods put it above the price.
| Method | Value | vs price | Basis |
|---|---|---|---|
| Discounted cash flow | — | — | the free cash flow base is -1853.82% of market cap (floor 1%) — the terminal value carries the answer, not the cash flows |
| Exit multiple (P/E) | $426.08 | +83.6% | earnings per share $10.41 valued at 31.67× (the stock's own median P/E) in 5 years, discounted back |
| Sum of the parts | — | — | no sum of the parts: the segment note states a profit worth 24.6% of segment revenue against a 13.47% operating margin for the whole company — 1.8x, past the 1.5x an unallocated head office explains. That measure is struck before research or corporate cost or both, and the house multiples price operating profit, so multiplying it values a company that does not exist |
| Price to sales | — | — | not reached: the cash-flow or earnings methods produced an anchor, so this fallback was not run |
| Tangible book | — | — | used only for lenders, where book value is the business |
| Price to FFO (REITs) | — | — | used only for REITs |
Each working is rebuilt by code from the valuation's own figures and checked against the published value.
Earnings per share grow on the same fading path as the DCF:
| Year | Growth | Earnings per share |
|---|---|---|
| Now | — | $10.41 |
| Year 1 | 30.84% | $13.61 |
| Year 2 | 22.49% | $16.68 |
| Year 3 | 16.64% | $19.45 |
| Year 4 | 12.55% | $21.89 |
| Year 5 | 9.68% | $24.01 |
| Earnings per share in year 5 | $24.01 |
| Exit P/E (the stock's own median P/E) | 31.67× |
| Value in 5 years = earnings × P/E | $760.50 |
| Discounted at 12.29% over 5 years: ÷ 1.7849 | $426.08 |
The base value is the average of the methods kept in it:
| Method | Value |
|---|---|
| Exit multiple (P/E) | $426.08 |
One method is kept, so the base value is its value: $426.08
Base value $426.08 a share
One-year price simulation: a 10% chance the price is below $43.39 and a 10% chance it is above $572.53 in a year; a 35% chance it is higher than today's $232.08, from 100.14% volatility. The simulation assumes the price drifts up at our discount rate of 12.29% a year.
| Week | Price | Base value |
|---|---|---|
| 2 Oct 2026 | $337.04 | $201.93 |
| 9 Oct 2026 | $312.62 | $202.04 |
| 16 Oct 2026 | $232.90 | $220.60 |
| 23 Oct 2026 | $209.29 | $220.65 |
| 30 Oct 2026 | $210.32 | $218.51 |
| 6 Nov 2026 | $192.81 | $361.23 |
| 12 Nov 2026 | $232.08 | $426.08 |
Data as of 12 Nov 2026; financials to 30 Sep 2026. Sources: company filings via EODHD, SEC EDGAR, US Treasury. How these values are computed. Not investment advice.
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