Coherent vs Keysight Technologies
COHR and KEYS side by side, both in laboratory apparatus and analytical, optical, measuring, and controlling instruments. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How COHR and KEYS compare
Keysight Technologies is the larger company, worth 1.2 times as much as Coherent ($50.7B against $42.7B).
On earnings, Keysight Technologies is cheaper: it trades at 40.8× trailing earnings, against 45.3× for Coherent.
Coherent grew revenue faster over the last twelve months (30.8% versus 25.5% for Keysight Technologies).
Keysight Technologies keeps more of each dollar of sales as profit, with a net margin of 19.1% compared with 12.2% at Coherent.
Keysight Technologies scores higher on the StockData Score (14 against 13 for Coherent), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | COHR | KEYS |
|---|---|---|
| Size and price | ||
| Market cap | $42.7B | $50.7B |
| Share price | $218.15 | $297.68 |
| Change, 1 year | 39.2% | 61.7% |
| Change, 5 years | 240% | 52.9% |
| Beta (5Y) | 2.33 | 1.42 |
| Employees | 51K | 17K |
| StockData Score | ||
| Total score | 13 | 14 (better) |
| Valuation score | 1 | 1 |
| Growth score | 4 (better) | 2 |
| Performance score | 4 | 5 (better) |
| Health score | 4 | 6 (better) |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/E | 45.3× | 40.8× (better) |
| P/S | 5.4× (better) | 7.7× |
| P/B | 3.8× (better) | 7.7× |
| EV/EBITDA | – | 38.0× |
| P/FCF | – | 34.5× |
| FCF yield | −4.3% | 2.9% (better) |
| Fair value | $203.60 | $233.96 |
| Margin of safety | −7.1% (better) | −27.2% |
| Growth | ||
| Revenue growth (TTM) | 30.8% (better) | 25.5% |
| Revenue growth, 5Y average | 18.0% (better) | 5.0% |
| Net income growth (TTM) | 286% (better) | 132% |
| EPS growth (TTM) | 690% (better) | 132% |
| EPS growth, 5Y average | 11.7% (better) | 8.2% |
| Profitability | ||
| Gross margin | 38.2% | 64.7% (better) |
| Operating margin | – | 20.3% |
| Net margin | 12.2% | 19.1% (better) |
| FCF margin | −23.2% | 22.3% (better) |
| Return on equity | 11.2% | 20.6% (better) |
| Return on invested capital | – | 21.3% |
| Financial health | ||
| Debt / equity | 0.35 (better) | 0.38 |
| Net debt / EBITDA | – | −0.07 |
| Interest coverage | – | 12.3× |
| Current ratio | 2.29 (better) | 2.02 |
| Altman Z-score | 3.76 | 7.83 (better) |
| Piotroski F-score | 7 (better) | 6 |
| Dividends and buybacks | ||
| Buyback yield | – | 1.2% |
| Shareholder yield | 0.00% | 1.2% (better) |
| Ownership | ||
| Held by institutions | 86.8% | 90.6% |
| Held by insiders | 0.47% | 0.72% |
| Insider net buying, 12 months | −$19.1M (better) | −$27.7M |
| Superinvestors holding | 2 | 2 |
| Short interest, % of float | 5.1% | 1.3% |
Go deeper
- COHR stock overview
- COHR income statement
- COHR valuation and score
- KEYS stock overview
- KEYS income statement
- KEYS valuation and score
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For information only, not investment advice. Check the source filings before relying on any figure.