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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.

Company profile comparison for Coherent (COHR) and Telefonaktiebolaget LM Ericsson (ERIC)
Profile ItemCOHRERIC
NameCoherent Corp.Telefonaktiebolaget LM Ericsson Sponsored ADR
Country/RegionUnited StatesSweden
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & ComponentsCommunications Equipment
GICS Sub-IndustryElectronic ComponentsCommunications Equipment
Market Capitalization37.98 billion USD33.25 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateOctober 2, 1987August 24, 1981
Security TypeCommon StockADR

Price Performance

Cumulative Growth

COHR
ERIC
GSPC
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Coherent (COHR) vs. Telefonaktiebolaget LM Ericsson (ERIC), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Coherent (COHR) and Telefonaktiebolaget LM Ericsson (ERIC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Coherent (COHR) and Telefonaktiebolaget LM Ericsson (ERIC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Coherent (COHR) and Telefonaktiebolaget LM Ericsson (ERIC)
MetricCOHRERIC
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

COHR
ERIC
GSPC
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Coherent (COHR) vs. Telefonaktiebolaget LM Ericsson (ERIC), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Coherent (COHR) and Telefonaktiebolaget LM Ericsson (ERIC). Each bar is the share of months whose return fell in that 5% bucket.

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.

Risk profile metrics for Coherent (COHR) and Telefonaktiebolaget LM Ericsson (ERIC)
MetricCOHRERIC
Volatility (1Y, Annualized)91.27%36.32%
Beta (5Y)2.190.96
Max Drawdown (5Y)-62.87%-62.81%
Avg. Volume (3M)7.56M9.73M

Risk-Adjusted Performance

Risk-Return Positioning

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COHR and ERIC are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Coherent (COHR) and Telefonaktiebolaget LM Ericsson (ERIC)
MetricCOHRERIC
Sharpe Ratio (1Y)0.480.20
Sortino Ratio (1Y)0.700.29

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%
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Coherent (COHR) vs. Telefonaktiebolaget LM Ericsson (ERIC): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

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%
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Coherent (COHR) vs. Telefonaktiebolaget LM Ericsson (ERIC): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

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%
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Coherent (COHR) vs. Telefonaktiebolaget LM Ericsson (ERIC): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Coherent (COHR) and Telefonaktiebolaget LM Ericsson (ERIC)
MetricCOHRERIC
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.

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Coherent (COHR) vs. Telefonaktiebolaget LM Ericsson (ERIC): A comparison of their Revenue Growth across different time periods.

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.

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Coherent (COHR) vs. Telefonaktiebolaget LM Ericsson (ERIC): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Coherent (COHR) and Telefonaktiebolaget LM Ericsson (ERIC)
MetricCOHRERIC
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
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Coherent (COHR) vs. Telefonaktiebolaget LM Ericsson (ERIC): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

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
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Coherent (COHR) vs. Telefonaktiebolaget LM Ericsson (ERIC): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Coherent (COHR) and Telefonaktiebolaget LM Ericsson (ERIC)
MetricCOHRERIC
Current Ratio (MRQ)2.291.16
Debt / Equity (MRQ)0.370.41
Net Debt / EBITDA1.56--

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%
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Coherent (COHR) vs. Telefonaktiebolaget LM Ericsson (ERIC): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

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%
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Coherent (COHR) vs. Telefonaktiebolaget LM Ericsson (ERIC): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Coherent (COHR) and Telefonaktiebolaget LM Ericsson (ERIC)
MetricCOHRERIC
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
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Coherent (COHR) vs. Telefonaktiebolaget LM Ericsson (ERIC): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

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
--
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Coherent (COHR) vs. Telefonaktiebolaget LM Ericsson (ERIC): ERIC does not report P/S ratio, so it has no value marker; COHR is benchmarked against the Technology Hardware & Equipment industry group.

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
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Coherent (COHR) vs. Telefonaktiebolaget LM Ericsson (ERIC): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Coherent (COHR) and Telefonaktiebolaget LM Ericsson (ERIC)
MetricCOHRERIC
P/E Ratio (TTM)39.9216.55
P/S Ratio (TTM)4.80--
P/B Ratio (MRQ)3.350.33
Free Cash Flow Yield (TTM)-4.44%86.49%