COHR vs. NOK: A Head-to-Head Stock Comparison

Updated on November 22, 2025

Here’s a clear look at COHR and NOK, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

COHR is a standard domestic listing, while NOK trades as an American Depositary Receipt (ADR), offering U.S. investors access to its foreign-listed shares.

Symbol	COHR	NOK
Company Name	Coherent Corp.	Nokia Oyj
Country	United States	Finland
GICS Sector	Information Technology	Information Technology
GICS Industry	Electronic Equipment, Instruments & Components	Communications Equipment
Market Capitalization	21.96 billion USD	37.35 billion USD
Exchange	NYSE	NYSE
Listing Date	October 2, 1987	July 1, 1994
Security Type	Common Stock	ADR

Historical Performance

This chart compares the performance of COHR and NOK 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.

COHR vs. NOK: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	COHR	NOK
5-Day Price Return	-16.43%	-0.44%
13-Week Price Return	49.18%	62.31%
26-Week Price Return	76.59%	27.49%
52-Week Price Return	35.65%	36.26%
Month-to-Date Return	5.59%	-0.58%
Year-to-Date Return	47.08%	36.39%
10-Day Avg. Volume	6.20M	11.76M
3-Month Avg. Volume	4.15M	14.87M
3-Month Volatility	68.54%	53.93%
Beta	1.84	0.93

Profitability

Return on Equity (TTM)

COHR

3.14%

Electronic Equipment, Instruments & Components Industry

Max: 25.62%
Q3: 13.32%
Median: 9.23%
Q1: 4.70%
Min: -3.60%

COHR’s Return on Equity of 3.14% 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.

NOK

4.60%

Communications Equipment Industry

Max: 31.28%
Q3: 24.67%
Median: 13.12%
Q1: 4.60%
Min: -12.73%

NOK’s Return on Equity of 4.60% is on par with the norm for the Communications Equipment industry, indicating its profitability relative to shareholder equity is typical for the sector.

COHR vs. NOK: A comparison of their Return on Equity (TTM) against their respective Electronic Equipment, Instruments & Components and Communications Equipment industry benchmarks.

Net Profit Margin (TTM)

COHR

4.13%

Electronic Equipment, Instruments & Components Industry

Max: 18.22%
Q3: 10.34%
Median: 7.81%
Q1: 3.28%
Min: -4.57%

COHR’s Net Profit Margin of 4.13% is aligned with the median group of its peers in the Electronic Equipment, Instruments & Components industry. This indicates its ability to convert revenue into profit is typical for the sector.

NOK

4.70%

Communications Equipment Industry

Max: 28.72%
Q3: 14.02%
Median: 5.41%
Q1: 2.50%
Min: -13.11%

NOK’s Net Profit Margin of 4.70% is aligned with the median group of its peers in the Communications Equipment industry. This indicates its ability to convert revenue into profit is typical for the sector.

COHR vs. NOK: A comparison of their Net Profit Margin (TTM) against their respective Electronic Equipment, Instruments & Components and Communications Equipment industry benchmarks.

Operating Profit Margin (TTM)

COHR

8.99%

Electronic Equipment, Instruments & Components Industry

Max: 26.64%
Q3: 15.10%
Median: 9.55%
Q1: 4.57%
Min: -7.07%

COHR’s Operating Profit Margin of 8.99% 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.

NOK

6.02%

Communications Equipment Industry

Max: 33.69%
Q3: 15.81%
Median: 6.02%
Q1: 3.00%
Min: -4.94%

NOK’s Operating Profit Margin of 6.02% is around the midpoint for the Communications Equipment industry, indicating that its efficiency in managing core business operations is typical for the sector.

COHR vs. NOK: A comparison of their Operating Profit Margin (TTM) against their respective Electronic Equipment, Instruments & Components and Communications Equipment industry benchmarks.

Profitability at a Glance

Symbol	COHR	NOK
Return on Equity (TTM)	3.14%	4.60%
Return on Assets (TTM)	1.72%	2.47%
Net Profit Margin (TTM)	4.13%	4.70%
Operating Profit Margin (TTM)	8.99%	6.02%
Gross Profit Margin (TTM)	35.78%	43.89%

Financial Strength

Current Ratio (MRQ)

COHR

2.33

Electronic Equipment, Instruments & Components Industry

Max: 5.52
Q3: 3.20
Median: 2.02
Q1: 1.51
Min: 0.33

COHR’s Current Ratio of 2.33 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.

NOK

1.48

Communications Equipment Industry

Max: 3.28
Q3: 2.10
Median: 1.52
Q1: 1.17
Min: 0.91

NOK’s Current Ratio of 1.48 aligns with the median group of the Communications Equipment industry, indicating that its short-term liquidity is in line with its sector peers.

COHR vs. NOK: A comparison of their Current Ratio (MRQ) against their respective Electronic Equipment, Instruments & Components and Communications Equipment industry benchmarks.

Debt-to-Equity Ratio (MRQ)

COHR

0.40

Electronic Equipment, Instruments & Components Industry

Max: 1.12
Q3: 0.55
Median: 0.33
Q1: 0.10
Min: 0.00

COHR’s Debt-to-Equity Ratio of 0.40 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.

NOK

0.21

Communications Equipment Industry

Max: 1.44
Q3: 0.96
Median: 0.43
Q1: 0.21
Min: 0.00

NOK’s Debt-to-Equity Ratio of 0.21 is typical for the Communications Equipment industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

COHR vs. NOK: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Electronic Equipment, Instruments & Components and Communications Equipment industry benchmarks.

Interest Coverage Ratio (TTM)

COHR

1.36

Electronic Equipment, Instruments & Components Industry

Max: 114.40
Q3: 51.32
Median: 14.03
Q1: 3.74
Min: -61.15

In the lower quartile for the Electronic Equipment, Instruments & Components industry, COHR’s Interest Coverage Ratio of 1.36 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.

NOK

34.19

Communications Equipment Industry

Max: 55.49
Q3: 34.19
Median: 8.92
Q1: 3.73
Min: -9.94

NOK’s Interest Coverage Ratio of 34.19 is positioned comfortably within the norm for the Communications Equipment industry, indicating a standard and healthy capacity to cover its interest payments.

COHR vs. NOK: A comparison of their Interest Coverage Ratio (TTM) against their respective Electronic Equipment, Instruments & Components and Communications Equipment industry benchmarks.

Financial Strength at a Glance

Symbol	COHR	NOK
Current Ratio (MRQ)	2.33	1.48
Quick Ratio (MRQ)	1.10	1.23
Debt-to-Equity Ratio (MRQ)	0.40	0.21
Interest Coverage Ratio (TTM)	1.36	34.19

Growth

Revenue Growth

COHR vs. NOK: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

COHR vs. NOK: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

COHR

0.10%

Electronic Equipment, Instruments & Components Industry

Max: 5.16%
Q3: 2.39%
Median: 1.18%
Q1: 0.12%
Min: 0.00%

COHR’s Dividend Yield of 0.10% is in the lower quartile for the Electronic Equipment, Instruments & Components industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.

NOK

2.30%

Communications Equipment Industry

Max: 2.99%
Q3: 2.30%
Median: 0.91%
Q1: 0.00%
Min: 0.00%

NOK’s Dividend Yield of 2.30% is consistent with its peers in the Communications Equipment industry, providing a dividend return that is standard for its sector.

COHR vs. NOK: A comparison of their Dividend Yield (TTM) against their respective Electronic Equipment, Instruments & Components and Communications Equipment industry benchmarks.

Dividend Payout Ratio (TTM)

COHR

5.05%

Electronic Equipment, Instruments & Components Industry

Max: 197.57%
Q3: 87.33%
Median: 36.23%
Q1: 3.99%
Min: 0.00%

COHR’s Dividend Payout Ratio of 5.05% is within the typical range for the Electronic Equipment, Instruments & Components industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

NOK

60.69%

Communications Equipment Industry

Max: 111.16%
Q3: 61.16%
Median: 30.78%
Q1: 0.00%
Min: 0.00%

NOK’s Dividend Payout Ratio of 60.69% is within the typical range for the Communications Equipment industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

COHR vs. NOK: A comparison of their Dividend Payout Ratio (TTM) against their respective Electronic Equipment, Instruments & Components and Communications Equipment industry benchmarks.

Dividend at a Glance

Symbol	COHR	NOK
Dividend Yield (TTM)	0.10%	2.30%
Dividend Payout Ratio (TTM)	5.05%	60.69%

Valuation

Price-to-Earnings Ratio (TTM)

COHR

87.65

Electronic Equipment, Instruments & Components Industry

Max: 71.05
Q3: 42.87
Median: 27.84
Q1: 19.17
Min: 7.73

At 87.65, 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.

NOK

35.66

Communications Equipment Industry

Max: 74.67
Q3: 56.42
Median: 31.00
Q1: 15.93
Min: 3.89

NOK’s P/E Ratio of 35.66 is within the middle range for the Communications Equipment 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 vs. NOK: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Electronic Equipment, Instruments & Components and Communications Equipment industry benchmarks.

Price-to-Sales Ratio (TTM)

COHR

3.62

Electronic Equipment, Instruments & Components Industry

Max: 7.81
Q3: 4.01
Median: 2.09
Q1: 1.25
Min: 0.16

COHR’s P/S Ratio of 3.62 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.

NOK

1.68

Communications Equipment Industry

Max: 11.84
Q3: 5.68
Median: 2.55
Q1: 1.24
Min: 0.40

NOK’s P/S Ratio of 1.68 aligns with the market consensus for the Communications Equipment industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

COHR vs. NOK: A comparison of their Price-to-Sales Ratio (TTM) against their respective Electronic Equipment, Instruments & Components and Communications Equipment industry benchmarks.

Price-to-Book Ratio (MRQ)

COHR

2.03

Electronic Equipment, Instruments & Components Industry

Max: 7.49
Q3: 4.09
Median: 2.35
Q1: 1.55
Min: 0.44

COHR’s P/B Ratio of 2.03 is within the conventional range for the Electronic Equipment, Instruments & Components 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.

NOK

1.14

Communications Equipment Industry

Max: 6.02
Q3: 6.01
Median: 3.83
Q1: 2.41
Min: 0.42

NOK’s P/B Ratio of 1.14 is in the lower quartile for the Communications Equipment 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.

COHR vs. NOK: A comparison of their Price-to-Book Ratio (MRQ) against their respective Electronic Equipment, Instruments & Components and Communications Equipment industry benchmarks.

Valuation at a Glance

Symbol	COHR	NOK
Price-to-Earnings Ratio (TTM)	87.65	35.66
Price-to-Sales Ratio (TTM)	3.62	1.68
Price-to-Book Ratio (MRQ)	2.03	1.14
Price-to-Free Cash Flow Ratio (TTM)	85.45	25.70