Coherent 🇺🇸
COHR • Technology • USA
⚡ 82.5/100
Wide Moat Score™
$45.0
+0.0% (24H)
Fundamental Snapshot • Market Cap: $8.5B
PEG Ratio
2.01x
EXPANDED
Forward P/E
18.5x
GROWTH FAIR
Revenue Growth YoY
+9.2%
MODERATE
Gross Margin
44.0%
HIGH PRICING POWER
Free Cash Flow
$420M
CASH FORTRESS
Debt / EBITDA
0.8x
SOLVENT BALANCE
📊 Proprietary 12-Point Fundamental Audit
| Audit Dimension | Benchmark Criterion | COHR Actual | Evaluation |
|---|---|---|---|
| 1. Economic Moat Strength | Software lock-in / high switching barrier / patent moat | Moat Score 82.5/100 | ✅ WIDE MOAT |
| 2. Pricing Power & Margins | Gross Margin > 40% sustainable | 44.0% Gross Margin | ✅ PASSED |
| 3. Revenue Acceleration | YoY Top-Line Growth > 15% | +9.2% YoY | ⚠️ IN-LINE |
| 4. Peter Lynch PEG Ratio | PEG < 1.2x (Growth at a Reasonable Price) | 2.01x PEG Ratio | ⚠️ ELEVATED |
| 5. Fortress Balance Sheet | Debt / EBITDA < 2.5x | 0.8x Net Leverage | ✅ PASSED |
| 6. Free Cash Flow Generation | Positive and compounding FCF | $420M Free Cash Flow | ✅ PASSED |
| 7. Multiple vs Sector Median | Forward P/E reasonable vs earnings growth | Forward P/E: 18.5x | ✅ ATTRACTIVE MULTIPLE |
| 8. Management & Insider Ownership | Insider Ownership > 3% | 8.5% Insider Equity | ✅ ALIGNED |
| 9. Superinvestor Whale Backing | Held by Top 25 13F Wall St Whales | Stanley Druckenmiller | ✅ 13F WHALE BACKED |
| 10. Secular Industry Tailwinds | Exposure to multi-year compound themes | Technology sector expansion | ✅ PASSED |
| 11. Trailing P/E Multiple | Historical earnings multiple sanity | Trailing P/E: 21.0x | ✅ PASSED |
| 12. Overall Moat Conviction | Composite algorithmic evaluation | Overall Score: 82.5/100 | ✅ HIGH CONVICTION |
📝 MoatPicks Investment Thesis
Competitive Moat Breakdown: Optical transceivers and 800G/1.6T networking components for AI data center clusters.
Valuation Verdict: Trading at a Forward P/E of 18.5x and PEG ratio of 2.01x, Coherent satisfies core fundamental screens for quality and durability.
🐋 Tracked Superinvestor Backing
🎯 Stanley Druckenmiller