COHR vs. SKHY: Coherent vs. SK hynix Stock Comparison
How do Coherent (COHR) and SK hynix (SKHY) 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 SK hynix (SKHY) share the Information Technology sector but sit in different industry groups — COHR in Technology Hardware & Equipment and SKHY in Semiconductors & Semiconductor Equipment.
Coherent (COHR) has been public since October 2, 1987, giving it decades of market history across multiple cycles, while SK hynix (SKHY) listed only on July 10, 2026 and lacks comparable through-cycle data.
Coherent (COHR) trades as ordinary local shares, while SK hynix (SKHY) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | COHR | SKHY |
|---|---|---|
| Name | Coherent Corp. | SK hynix Inc. |
| Country/Region | United States | South Korea |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Electronic Equipment, Instruments & Components | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Electronic Components | Semiconductors |
| Market Capitalization | 37.98 billion USD | 897.97 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | October 2, 1987 | July 10, 2026 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | COHR | SKHY |
|---|---|---|
| Total Return (1Y) | 48.11% | -- |
| Total Return (3Y, Annualized) | 90.06% | -- |
| Total Return (5Y, Annualized) | 28.94% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | COHR | SKHY |
|---|---|---|
| Volatility (1Y, Annualized) | 91.27% | 101.44% |
| Beta (5Y) | 2.19 | 5.36 |
| Max Drawdown (5Y) | -62.87% | -37.62% |
| Avg. Volume (3M) | 7.56M | 20.78M |
Risk-Adjusted Performance
Risk-Return Positioning
Both COHR and SKHY need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | COHR | SKHY |
|---|---|---|
| Sharpe Ratio (1Y) | 0.48 | -- |
| Sortino Ratio (1Y) | 0.70 | -- |
Profitability
ROE (TTM)
SK hynix (SKHY) at 92.54% clears its industry range for ROE, a sharper capital-efficiency signal than Coherent (COHR) at 9.27%, which is closer to a typical peer reading.
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%
SKHY
Semiconductors & Semiconductor Equipment industry group
92.54%
- SKHY
- 92.54%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
SK hynix (SKHY) at 70.27% keeps the most of each sales dollar — above its industry’s net margin range — and Coherent (COHR) at 12.18% also retains a top-quartile 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%
SKHY
Semiconductors & Semiconductor Equipment industry group
70.27%
- SKHY
- 70.27%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
SK hynix (SKHY) at 79.66% turns sales into operating profit above its industry’s benchmark range, while Coherent (COHR) at 16.30% operates around its industry’s norm.
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%
SKHY
Semiconductors & Semiconductor Equipment industry group
79.66%
- SKHY
- 79.66%
- Max
- 58.66%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | COHR | SKHY |
|---|---|---|
| ROE (TTM) | 9.27% | 92.54% |
| ROA (TTM) | 3.99% | 46.43% |
| Net Margin (TTM) | 12.18% | 70.27% |
| Operating Margin (TTM) | 16.30% | 79.66% |
| Gross Margin (TTM) | 38.16% | 77.38% |
Growth
Revenue Growth
SK hynix (SKHY) at 46.76% sits in the top revenue growth quartile, while Coherent (COHR) at 22.51% is closer to the peer norm — faster top-line expansion for SKHY.
EPS Growth
Only one side can be read here: SK hynix (SKHY) reports EPS growth of 112.46%, ranked against its industry; Coherent (COHR) has no EPS growth figure this period.
Growth Metrics
| Metric | COHR | SKHY |
|---|---|---|
| Revenue Growth (YoY) | 22.51% | 46.76% |
| Revenue Growth (3Y CAGR) | 11.32% | 29.61% |
| EPS Growth (YoY) | -- | 112.46% |
| EPS Growth (3Y CAGR) | -- | 165.07% |
Financial Strength
Current Ratio (MRQ)
Coherent (COHR) at 2.29 keeps current ratio within its industry’s typical mid-range, while SK hynix (SKHY) at 26.88 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
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
SKHY
Semiconductors & Semiconductor Equipment industry group
26.88
- SKHY
- 26.88
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Both Coherent (COHR) at 0.37 and SK hynix (SKHY) at 0.05 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
SKHY
Semiconductors & Semiconductor Equipment industry group
0.05
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- SKHY
- 0.05
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | COHR | SKHY |
|---|---|---|
| Current Ratio (MRQ) | 2.29 | 26.88 |
| Debt / Equity (MRQ) | 0.37 | 0.05 |
| Net Debt / EBITDA | 1.56 | -0.46 |
Dividends
Dividend Yield (TTM)
Coherent (COHR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile SK hynix (SKHY) reports a yield of 2,118.64%, ranking against industry peers normally.
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%
SKHY
Semiconductors & Semiconductor Equipment industry group
2,118.64%
- SKHY
- 2,118.64%
- Max
- 1.37%
- Q3
- 0.65%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Coherent (COHR) nor SK hynix (SKHY) 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
- 32.27%
- Q3
- 14.48%
- COHR
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SKHY
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- SKHY
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | COHR | SKHY |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 2,118.64% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
SK hynix (SKHY) at 8.12 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 SKHY, 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
SKHY
Semiconductors & Semiconductor Equipment industry group
8.12
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- SKHY
- 8.12
- Min
- 8.12
P/S Ratio (TTM)
SK hynix (SKHY) at 0.00 sits in the cheaper P/S ratio quartile while Coherent (COHR) at 4.80 prices around its industry’s middle — SKHY costs less per dollar of sales, though read it alongside growth and margins.
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
SKHY
Semiconductors & Semiconductor Equipment industry group
0.00
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- SKHY
- 0.00
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Coherent (COHR) at 3.35 and SK hynix (SKHY) at 3.95 are valued close to their industries’ norm against book — neither stands out from peers.
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
SKHY
Semiconductors & Semiconductor Equipment industry group
3.95
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- SKHY
- 3.95
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | COHR | SKHY |
|---|---|---|
| P/E Ratio (TTM) | 39.92 | 8.12 |
| P/S Ratio (TTM) | 4.80 | 0.00 |
| P/B Ratio (MRQ) | 3.35 | 3.95 |
| Free Cash Flow Yield (TTM) | -4.44% | -- |