Is Coherent Corp (COHR) overvalued?
On Equity Rank's model estimate, COHR trades 20% above its fair value. Coherent Corp (COHR) last closed at $192.81; the multi-method model fair value is $159.98.
| Price | Model fair value | Price vs model |
|---|---|---|
| $192.81 | $159.98 | 21% above |
What the answer rests on
- 2 of 8 valuation methods put COHR's value above its price and 6 put it below, so the methods mostly agree.
- COHR trades at 40.4 times its last year's earnings, against a median of 37.5 for 26 profitable Life Sciences Tools companies.
- Over the past year the price sat below the model fair value on 0% of trading days. The gap ranged from 6% above to 202% above the model fair value.
Read this before relying on it
The model fair value is an estimate from published financial statements. It is not a forecast of where the price goes, and it can be wrong. Within 10% either side we call it close to fair value: valuation models are not precise enough to read more into a smaller gap. Our own lists have no proven edge over the market yet; the live record shows every result, misses included.
Every valuation method behind COHR's fair value · What prices assume · Other companies