ADBE vs. COHR: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at ADBE and COHR, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
ADBE’s market capitalization of 161.66 billion USD is substantially larger than COHR’s 14.13 billion USD, indicating a significant difference in their market valuations.
With betas of 1.54 for ADBE and 1.86 for COHR, both stocks show similar sensitivity to overall market movements.
| Symbol | ADBE | COHR |
|---|---|---|
| Company Name | Adobe Inc. | Coherent, Inc. |
| Country | US | US |
| Sector | Technology | Technology |
| Industry | Software - Infrastructure | Hardware, Equipment & Parts |
| CEO | Shantanu Narayen | James Robert Anderson |
| Price | 379.31 USD | 90.9 USD |
| Market Cap | 161.66 billion USD | 14.13 billion USD |
| Beta | 1.54 | 1.86 |
| Exchange | NASDAQ | NASDAQ |
| IPO Date | August 13, 1986 | October 2, 1987 |
| ADR | No | No |
Historical Performance
This chart compares the performance of ADBE and COHR by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
ADBE
51.65%
Software - Infrastructure Industry
- Max
- 80.61%
- Q3
- 29.97%
- Median
- 2.84%
- Q1
- -8.35%
- Min
- -56.26%
In the upper quartile for the Software - Infrastructure industry, ADBE’s Return on Equity of 51.65% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
COHR
0.92%
Hardware, Equipment & Parts Industry
- Max
- 38.64%
- Q3
- 17.03%
- Median
- 8.95%
- Q1
- 1.23%
- Min
- -14.34%
COHR’s Return on Equity of 0.92% is in the lower quartile for the Hardware, Equipment & Parts industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.
Return on Invested Capital
ADBE
35.47%
Software - Infrastructure Industry
- Max
- 39.31%
- Q3
- 11.97%
- Median
- 1.67%
- Q1
- -7.10%
- Min
- -34.29%
In the upper quartile for the Software - Infrastructure industry, ADBE’s Return on Invested Capital of 35.47% signifies a highly effective use of its capital to generate profits when compared to its peers.
COHR
1.80%
Hardware, Equipment & Parts Industry
- Max
- 17.24%
- Q3
- 9.87%
- Median
- 6.54%
- Q1
- 1.56%
- Min
- -7.50%
COHR’s Return on Invested Capital of 1.80% is in line with the norm for the Hardware, Equipment & Parts industry, reflecting a standard level of efficiency in generating profits from its capital base.
Net Profit Margin
ADBE
30.39%
Software - Infrastructure Industry
- Max
- 46.46%
- Q3
- 14.65%
- Median
- 2.66%
- Q1
- -7.70%
- Min
- -35.45%
A Net Profit Margin of 30.39% places ADBE in the upper quartile for the Software - Infrastructure industry, signifying strong profitability and more effective cost management than most of its peers.
COHR
1.17%
Hardware, Equipment & Parts Industry
- Max
- 22.76%
- Q3
- 11.04%
- Median
- 3.80%
- Q1
- 1.13%
- Min
- -8.57%
COHR’s Net Profit Margin of 1.17% is aligned with the median group of its peers in the Hardware, Equipment & Parts industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin
ADBE
36.37%
Software - Infrastructure Industry
- Max
- 48.51%
- Q3
- 16.56%
- Median
- 4.48%
- Q1
- -6.43%
- Min
- -40.18%
An Operating Profit Margin of 36.37% places ADBE in the upper quartile for the Software - Infrastructure industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
COHR
8.33%
Hardware, Equipment & Parts Industry
- Max
- 25.25%
- Q3
- 13.73%
- Median
- 8.22%
- Q1
- 4.35%
- Min
- -0.79%
COHR’s Operating Profit Margin of 8.33% is around the midpoint for the Hardware, Equipment & Parts industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | ADBE | COHR |
|---|---|---|
| Return on Equity (TTM) | 51.65% | 0.92% |
| Return on Assets (TTM) | 24.44% | 0.45% |
| Return on Invested Capital (TTM) | 35.47% | 1.80% |
| Net Profit Margin (TTM) | 30.39% | 1.17% |
| Operating Profit Margin (TTM) | 36.37% | 8.33% |
| Gross Profit Margin (TTM) | 89.25% | 34.47% |
Financial Strength
Current Ratio
ADBE
0.99
Software - Infrastructure Industry
- Max
- 3.80
- Q3
- 2.25
- Median
- 1.51
- Q1
- 1.10
- Min
- 0.23
ADBE’s Current Ratio of 0.99 falls into the lower quartile for the Software - Infrastructure industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
COHR
2.47
Hardware, Equipment & Parts Industry
- Max
- 4.10
- Q3
- 3.23
- Median
- 2.37
- Q1
- 1.81
- Min
- 0.58
COHR’s Current Ratio of 2.47 aligns with the median group of the Hardware, Equipment & Parts industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio
ADBE
0.03
Software - Infrastructure Industry
- Max
- 2.56
- Q3
- 1.12
- Median
- 0.33
- Q1
- 0.05
- Min
- 0.00
Falling into the lower quartile for the Software - Infrastructure industry, ADBE’s Debt-to-Equity Ratio of 0.03 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
COHR
0.50
Hardware, Equipment & Parts Industry
- Max
- 1.19
- Q3
- 0.56
- Median
- 0.33
- Q1
- 0.11
- Min
- 0.00
COHR’s Debt-to-Equity Ratio of 0.50 is typical for the Hardware, Equipment & Parts industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio
ADBE
-283.48
Software - Infrastructure Industry
- Max
- 32.21
- Q3
- 5.24
- Median
- 0.95
- Q1
- -17.99
- Min
- -50.82
ADBE has a negative Interest Coverage Ratio of -283.48. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.
COHR
1.82
Hardware, Equipment & Parts Industry
- Max
- 28.37
- Q3
- 14.25
- Median
- 9.35
- Q1
- 2.86
- Min
- -13.16
In the lower quartile for the Hardware, Equipment & Parts industry, COHR’s Interest Coverage Ratio of 1.82 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.
Financial Strength at a Glance
| Symbol | ADBE | COHR |
|---|---|---|
| Current Ratio (TTM) | 0.99 | 2.47 |
| Quick Ratio (TTM) | 0.99 | 1.54 |
| Debt-to-Equity Ratio (TTM) | 0.03 | 0.50 |
| Debt-to-Asset Ratio (TTM) | 0.01 | 0.27 |
| Net Debt-to-EBITDA Ratio (TTM) | -0.52 | 3.44 |
| Interest Coverage Ratio (TTM) | -283.48 | 1.82 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for ADBE and COHR. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
ADBE
0.00%
Software - Infrastructure Industry
- Max
- 4.07%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ADBE currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
COHR
0.00%
Hardware, Equipment & Parts Industry
- Max
- 2.16%
- Q3
- 0.66%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
COHR currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio
ADBE
0.00%
Software - Infrastructure Industry
- Max
- 48.68%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ADBE has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
COHR
0.00%
Hardware, Equipment & Parts Industry
- Max
- 71.55%
- Q3
- 25.37%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
COHR has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | ADBE | COHR |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
Price-to-Earnings Ratio
ADBE
23.86
Software - Infrastructure Industry
- Max
- 107.77
- Q3
- 54.40
- Median
- 28.10
- Q1
- 18.03
- Min
- 5.32
ADBE’s P/E Ratio of 23.86 is within the middle range for the Software - Infrastructure industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
COHR
216.23
Hardware, Equipment & Parts Industry
- Max
- 86.58
- Q3
- 53.54
- Median
- 36.07
- Q1
- 25.99
- Min
- 12.16
At 216.23, COHR’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Hardware, Equipment & Parts industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.
Forward P/E to Growth Ratio
ADBE
2.57
Software - Infrastructure Industry
- Max
- 8.12
- Q3
- 3.94
- Median
- 2.13
- Q1
- 0.94
- Min
- 0.01
ADBE’s Forward PEG Ratio of 2.57 is within the middle range of its peers in the Software - Infrastructure industry. This suggests a reasonable balance between the stock’s price and its expected growth, aligning with sector valuation norms.
COHR
-19.23
Hardware, Equipment & Parts Industry
- Max
- 5.22
- Q3
- 3.27
- Median
- 2.16
- Q1
- 1.77
- Min
- 0.00
The Forward PEG Ratio is often not a primary valuation metric in the Hardware, Equipment & Parts industry.
Price-to-Sales Ratio
ADBE
7.15
Software - Infrastructure Industry
- Max
- 18.25
- Q3
- 9.05
- Median
- 4.77
- Q1
- 2.30
- Min
- 0.11
ADBE’s P/S Ratio of 7.15 aligns with the market consensus for the Software - Infrastructure industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
COHR
2.53
Hardware, Equipment & Parts Industry
- Max
- 8.50
- Q3
- 4.95
- Median
- 2.45
- Q1
- 1.17
- Min
- 0.32
COHR’s P/S Ratio of 2.53 aligns with the market consensus for the Hardware, Equipment & Parts industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio
ADBE
14.31
Software - Infrastructure Industry
- Max
- 19.94
- Q3
- 10.91
- Median
- 6.33
- Q1
- 2.95
- Min
- 0.51
The P/B Ratio is often not a primary valuation metric for the Software - Infrastructure industry.
COHR
1.81
Hardware, Equipment & Parts Industry
- Max
- 7.53
- Q3
- 4.63
- Median
- 3.34
- Q1
- 2.35
- Min
- 0.48
COHR’s P/B Ratio of 1.81 is in the lower quartile for the Hardware, Equipment & Parts industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.
Valuation at a Glance
| Symbol | ADBE | COHR |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 23.86 | 216.23 |
| Forward PEG Ratio (TTM) | 2.57 | -19.23 |
| Price-to-Sales Ratio (P/S, TTM) | 7.15 | 2.53 |
| Price-to-Book Ratio (P/B, TTM) | 14.31 | 1.81 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 17.13 | 55.14 |
| EV-to-EBITDA (TTM) | 18.02 | 19.33 |
| EV-to-Sales (TTM) | 6.95 | 3.07 |