COHR vs. ERIC: Coherent vs. Telefonaktiebolaget LM Ericsson Stock Comparison
How do Coherent (COHR) and Telefonaktiebolaget LM Ericsson (ERIC) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Coherent (COHR) and Telefonaktiebolaget LM Ericsson (ERIC) both fall under the Technology Hardware & Equipment industry group, but COHR is classified in Electronic Equipment, Instruments & Components while ERIC is classified in Communications Equipment.
Coherent (COHR) trades as ordinary local shares, while Telefonaktiebolaget LM Ericsson (ERIC) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | COHR | ERIC |
|---|---|---|
| Name | Coherent Corp. | Telefonaktiebolaget LM Ericsson Sponsored ADR |
| Country/Region | United States | Sweden |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Electronic Equipment, Instruments & Components | Communications Equipment |
| GICS Sub-Industry | Electronic Components | Communications Equipment |
| Market Capitalization | 37.98 billion USD | 33.25 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | October 2, 1987 | August 24, 1981 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | COHR | ERIC |
|---|---|---|
| Total Return (1Y) | 48.11% | 11.58% |
| Total Return (3Y, Annualized) | 90.06% | 36.47% |
| Total Return (5Y, Annualized) | 28.94% | 2.71% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Coherent (COHR) carries a highly aggressive beta of 2.19, indicating much higher sensitivity to broad-market moves, whereas Telefonaktiebolaget LM Ericsson (ERIC) is closer to market-like at 0.96 — a noticeable difference in market-sensitivity profile.
| Metric | COHR | ERIC |
|---|---|---|
| Volatility (1Y, Annualized) | 91.27% | 36.32% |
| Beta (5Y) | 2.19 | 0.96 |
| Max Drawdown (5Y) | -62.87% | -62.81% |
| Avg. Volume (3M) | 7.56M | 9.73M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | COHR | ERIC |
|---|---|---|
| Sharpe Ratio (1Y) | 0.48 | 0.20 |
| Sortino Ratio (1Y) | 0.70 | 0.29 |
Profitability
ROE (TTM)
Both Coherent (COHR) at 9.27% and Telefonaktiebolaget LM Ericsson (ERIC) at 18.09% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
COHR
Technology Hardware & Equipment industry group
9.27%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- COHR
- 9.27%
- Q1
- 1.63%
- Min
- -20.62%
ERIC
Technology Hardware & Equipment industry group
18.09%
- Max
- 42.47%
- Q3
- 19.13%
- ERIC
- 18.09%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
Coherent (COHR) at 12.18% retains a top-quartile share of revenue as profit, ahead of Telefonaktiebolaget LM Ericsson (ERIC) at 8.36%, which keeps about the industry-typical share.
COHR
Technology Hardware & Equipment industry group
12.18%
- Max
- 27.60%
- COHR
- 12.18%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
ERIC
Technology Hardware & Equipment industry group
8.36%
- Max
- 27.60%
- Q3
- 11.66%
- ERIC
- 8.36%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Coherent (COHR) at 16.30% runs core operations around its industry’s norm, while Telefonaktiebolaget LM Ericsson (ERIC) at 0.00% operates in the bottom quartile.
COHR
Technology Hardware & Equipment industry group
16.30%
- Max
- 36.27%
- Q3
- 18.36%
- COHR
- 16.30%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
ERIC
Technology Hardware & Equipment industry group
0.00%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- ERIC
- 0.00%
- Min
- -21.39%
Profitability Metrics
| Metric | COHR | ERIC |
|---|---|---|
| ROE (TTM) | 9.27% | 18.09% |
| ROA (TTM) | 3.99% | 7.07% |
| Net Margin (TTM) | 12.18% | 8.36% |
| Operating Margin (TTM) | 16.30% | 0.00% |
| Gross Margin (TTM) | 38.16% | 48.01% |
Growth
Revenue Growth
Coherent (COHR) at 22.51% is around its peer norm for revenue growth, while Telefonaktiebolaget LM Ericsson (ERIC) at -4.52% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Only one side can be read here: Telefonaktiebolaget LM Ericsson (ERIC) reports EPS growth of 85,000.00%, ranked against its industry; Coherent (COHR) has no EPS growth figure this period.
Growth Metrics
| Metric | COHR | ERIC |
|---|---|---|
| Revenue Growth (YoY) | 22.51% | -4.52% |
| Revenue Growth (3Y CAGR) | 11.32% | -4.48% |
| EPS Growth (YoY) | -- | 85,000.00% |
| EPS Growth (3Y CAGR) | -- | 14.83% |
Financial Strength
Current Ratio (MRQ)
Coherent (COHR) at 2.29 keeps current ratio within its industry’s typical mid-range, while Telefonaktiebolaget LM Ericsson (ERIC) at 1.16 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ERIC.
COHR
Technology Hardware & Equipment industry group
2.29
- Max
- 5.34
- Q3
- 3.02
- COHR
- 2.29
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
ERIC
Technology Hardware & Equipment industry group
1.16
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- ERIC
- 1.16
- Min
- 0.17
Debt / Equity (MRQ)
Both Coherent (COHR) at 0.37 and Telefonaktiebolaget LM Ericsson (ERIC) at 0.41 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
COHR
Technology Hardware & Equipment industry group
0.37
- Max
- 1.76
- Q3
- 0.78
- COHR
- 0.37
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
ERIC
Technology Hardware & Equipment industry group
0.41
- Max
- 1.76
- Q3
- 0.78
- ERIC
- 0.41
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | COHR | ERIC |
|---|---|---|
| Current Ratio (MRQ) | 2.29 | 1.16 |
| Debt / Equity (MRQ) | 0.37 | 0.41 |
| Net Debt / EBITDA | 1.56 | -- |
Dividends
Dividend Yield (TTM)
Neither Coherent (COHR) nor Telefonaktiebolaget LM Ericsson (ERIC) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
COHR
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- COHR
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ERIC
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- ERIC
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Coherent (COHR) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Telefonaktiebolaget LM Ericsson (ERIC) reports a payout of 51.66%, ranking against industry peers normally.
COHR
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- COHR
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ERIC
Technology Hardware & Equipment industry group
51.66%
- ERIC
- 51.66%
- Max
- 32.27%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | COHR | ERIC |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 51.66% |
Valuation
P/E Ratio (TTM)
Telefonaktiebolaget LM Ericsson (ERIC) at 16.55 sits in the cheaper P/E ratio quartile, while Coherent (COHR) at 39.92 is closer to its industry’s usual earnings multiple — a discount for ERIC, though growth and earnings durability still matter.
COHR
Technology Hardware & Equipment industry group
39.92
- Max
- 69.48
- Q3
- 41.02
- COHR
- 39.92
- Median
- 26.39
- Q1
- 19.36
- Min
- 6.07
ERIC
Technology Hardware & Equipment industry group
16.55
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- ERIC
- 16.55
- Min
- 6.07
P/S Ratio (TTM)
A sales-based read is only available for Coherent (COHR), whose P/S ratio of 4.80 ranks against industry peers; Telefonaktiebolaget LM Ericsson (ERIC) reports no figure this period.
COHR
Technology Hardware & Equipment industry group
4.80
- Max
- 11.30
- Q3
- 5.82
- COHR
- 4.80
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
ERIC
Technology Hardware & Equipment industry group
--
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
- ERIC
- --
P/B Ratio (MRQ)
Telefonaktiebolaget LM Ericsson (ERIC) at 0.33 sits in the lower P/B ratio quartile against book while Coherent (COHR) at 3.35 is valued near its industry’s middle — ERIC is cheaper on assets, though weigh it against ROE and asset quality.
COHR
Technology Hardware & Equipment industry group
3.35
- Max
- 10.75
- Q3
- 5.52
- COHR
- 3.35
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
ERIC
Technology Hardware & Equipment industry group
0.33
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- ERIC
- 0.33
- Min
- 0.33
Valuation Metrics
| Metric | COHR | ERIC |
|---|---|---|
| P/E Ratio (TTM) | 39.92 | 16.55 |
| P/S Ratio (TTM) | 4.80 | -- |
| P/B Ratio (MRQ) | 3.35 | 0.33 |
| Free Cash Flow Yield (TTM) | -4.44% | 86.49% |