COHR vs. ESTC: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at COHR and ESTC, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | COHR | ESTC |
|---|---|---|
| Company Name | Coherent Corp. | Elastic N.V. |
| Country | United States | Netherlands |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry | Electronic Equipment, Instruments & Components | Software |
| Market Capitalization | 17.72 billion USD | 8.06 billion USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 2, 1987 | October 5, 2018 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of COHR and ESTC 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.
Historical Performance at a Glance
| Symbol | COHR | ESTC |
|---|---|---|
| 5-Day Price Return | 0.17% | 0.01% |
| 13-Week Price Return | 46.60% | -17.66% |
| 26-Week Price Return | 13.49% | -33.18% |
| 52-Week Price Return | 70.93% | -25.68% |
| Month-to-Date Return | 5.96% | -8.75% |
| Year-to-Date Return | 20.35% | -22.91% |
| 10-Day Avg. Volume | 4.07M | 1.75M |
| 3-Month Avg. Volume | 3.31M | 1.82M |
| 3-Month Volatility | 43.68% | 43.50% |
| Beta | 2.02 | 1.05 |
Profitability
Return on Equity (TTM)
COHR
1.25%
Electronic Equipment, Instruments & Components Industry
- Max
- 29.99%
- Q3
- 15.78%
- Median
- 9.05%
- Q1
- 5.63%
- Min
- -9.55%
COHR’s Return on Equity of 1.25% is in the lower quartile for the Electronic Equipment, Instruments & Components industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.
ESTC
-12.86%
Software Industry
- Max
- 59.01%
- Q3
- 21.98%
- Median
- 7.15%
- Q1
- -11.12%
- Min
- -51.24%
ESTC has a negative Return on Equity of -12.86%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.
Net Profit Margin (TTM)
COHR
1.73%
Electronic Equipment, Instruments & Components Industry
- Max
- 25.55%
- Q3
- 12.80%
- Median
- 7.58%
- Q1
- 3.09%
- Min
- -8.70%
Falling into the lower quartile for the Electronic Equipment, Instruments & Components industry, COHR’s Net Profit Margin of 1.73% indicates weaker profitability. This means the company retains a smaller portion of each dollar in sales as profit compared to its competitors.
ESTC
-7.27%
Software Industry
- Max
- 48.14%
- Q3
- 18.23%
- Median
- 5.60%
- Q1
- -9.22%
- Min
- -49.36%
ESTC has a negative Net Profit Margin of -7.27%, indicating the company is operating at a net loss as its expenses exceeded its revenues.
Operating Profit Margin (TTM)
COHR
7.68%
Electronic Equipment, Instruments & Components Industry
- Max
- 30.04%
- Q3
- 16.04%
- Median
- 9.75%
- Q1
- 4.27%
- Min
- -12.63%
COHR’s Operating Profit Margin of 7.68% is around the midpoint for the Electronic Equipment, Instruments & Components industry, indicating that its efficiency in managing core business operations is typical for the sector.
ESTC
-3.71%
Software Industry
- Max
- 57.34%
- Q3
- 20.60%
- Median
- 7.84%
- Q1
- -8.72%
- Min
- -51.37%
ESTC has a negative Operating Profit Margin of -3.71%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.
Profitability at a Glance
| Symbol | COHR | ESTC |
|---|---|---|
| Return on Equity (TTM) | 1.25% | -12.86% |
| Return on Assets (TTM) | 0.67% | -4.64% |
| Net Profit Margin (TTM) | 1.73% | -7.27% |
| Operating Profit Margin (TTM) | 7.68% | -3.71% |
| Gross Profit Margin (TTM) | 34.48% | 74.39% |
Financial Strength
Current Ratio (MRQ)
COHR
2.47
Electronic Equipment, Instruments & Components Industry
- Max
- 4.43
- Q3
- 2.88
- Median
- 2.05
- Q1
- 1.52
- Min
- 0.64
COHR’s Current Ratio of 2.47 aligns with the median group of the Electronic Equipment, Instruments & Components industry, indicating that its short-term liquidity is in line with its sector peers.
ESTC
1.92
Software Industry
- Max
- 3.83
- Q3
- 2.31
- Median
- 1.45
- Q1
- 1.03
- Min
- 0.24
ESTC’s Current Ratio of 1.92 aligns with the median group of the Software industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio (MRQ)
COHR
0.48
Electronic Equipment, Instruments & Components Industry
- Max
- 1.14
- Q3
- 0.54
- Median
- 0.34
- Q1
- 0.11
- Min
- 0.00
COHR’s Debt-to-Equity Ratio of 0.48 is typical for the Electronic Equipment, Instruments & Components industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
ESTC
0.61
Software Industry
- Max
- 2.14
- Q3
- 0.90
- Median
- 0.29
- Q1
- 0.00
- Min
- 0.00
ESTC’s Debt-to-Equity Ratio of 0.61 is typical for the Software 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 (TTM)
COHR
0.51
Electronic Equipment, Instruments & Components Industry
- Max
- 101.00
- Q3
- 43.88
- Median
- 13.27
- Q1
- 3.73
- Min
- -18.73
COHR’s Interest Coverage Ratio of 0.51 is a critical concern. A value below 1.0 means operating earnings are insufficient to cover interest expenses, indicating severe financial strain and high default risk.
ESTC
-84.72
Software Industry
- Max
- 67.02
- Q3
- 19.86
- Median
- 0.70
- Q1
- -12.50
- Min
- -53.00
ESTC has a negative Interest Coverage Ratio of -84.72. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.
Financial Strength at a Glance
| Symbol | COHR | ESTC |
|---|---|---|
| Current Ratio (MRQ) | 2.47 | 1.92 |
| Quick Ratio (MRQ) | 1.28 | 1.85 |
| Debt-to-Equity Ratio (MRQ) | 0.48 | 0.61 |
| Interest Coverage Ratio (TTM) | 0.51 | -84.72 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
COHR
0.00%
Electronic Equipment, Instruments & Components Industry
- Max
- 4.86%
- Q3
- 2.53%
- Median
- 1.28%
- Q1
- 0.16%
- 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.
ESTC
0.00%
Software Industry
- Max
- 0.08%
- Q3
- 0.03%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ESTC 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 (TTM)
COHR
0.00%
Electronic Equipment, Instruments & Components Industry
- Max
- 161.37%
- Q3
- 67.12%
- Median
- 34.46%
- Q1
- 3.82%
- 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.
ESTC
0.00%
Software Industry
- Max
- 1.32%
- Q3
- 0.53%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ESTC 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 | COHR | ESTC |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
Price-to-Earnings Ratio (TTM)
COHR
190.24
Electronic Equipment, Instruments & Components Industry
- Max
- 73.87
- Q3
- 41.11
- Median
- 25.31
- Q1
- 18.58
- Min
- 8.59
At 190.24, COHR’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Electronic Equipment, Instruments & Components industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.
ESTC
--
Software Industry
- Max
- 149.35
- Q3
- 100.21
- Median
- 47.97
- Q1
- 26.77
- Min
- 11.68
P/E Ratio data for ESTC is currently unavailable.
Price-to-Sales Ratio (TTM)
COHR
3.28
Electronic Equipment, Instruments & Components Industry
- Max
- 6.74
- Q3
- 3.49
- Median
- 2.03
- Q1
- 1.16
- Min
- 0.11
COHR’s P/S Ratio of 3.28 aligns with the market consensus for the Electronic Equipment, Instruments & Components industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
ESTC
5.41
Software Industry
- Max
- 25.24
- Q3
- 13.52
- Median
- 8.15
- Q1
- 4.87
- Min
- 0.98
ESTC’s P/S Ratio of 5.41 aligns with the market consensus for the Software industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio (MRQ)
COHR
1.29
Electronic Equipment, Instruments & Components Industry
- Max
- 6.45
- Q3
- 3.49
- Median
- 1.98
- Q1
- 1.31
- Min
- 0.35
COHR’s P/B Ratio of 1.29 is in the lower quartile for the Electronic Equipment, Instruments & Components 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.
ESTC
9.71
Software Industry
- Max
- 30.95
- Q3
- 14.91
- Median
- 7.75
- Q1
- 3.60
- Min
- 0.38
ESTC’s P/B Ratio of 9.71 is within the conventional range for the Software industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | COHR | ESTC |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 190.24 | -- |
| Price-to-Sales Ratio (TTM) | 3.28 | 5.41 |
| Price-to-Book Ratio (MRQ) | 1.29 | 9.71 |
| Price-to-Free Cash Flow Ratio (TTM) | 71.67 | 30.65 |