Coherent Corp. (COHR) vs Garmin Ltd. (GRMN)
Coherent Corp. and Garmin Ltd. are both Scientific & Technical Instruments companies. Coherent Corp. and Garmin Ltd. are of similar size ($58.5B and $57.3B). Garmin Ltd. trades at the lower P/E: 30.2× against 68.0×. Coherent Corp. grew revenue faster over the last twelve months: 22.5% against 13.5%. Garmin Ltd. has the higher net margin (24.5% vs 10.8%) and the higher return on invested capital (20.8% vs 4.21%). Both pay a dividend; Garmin Ltd. yields more (2.42% vs 0.10%). Across the 22 metrics below, Garmin Ltd. leads on 16 and Coherent Corp. on 6.
Valuation
Profitability
| Metric | COHR | GRMN | Scientific & Technical Instruments median |
|---|---|---|---|
| Gross margin | 37.50% | 60.08% | 45.75% |
| Operating margin | 11.77% | 27.61% | 7.34% |
| Net margin | 10.82% | 24.47% | 1.56% |
| Free cash flow margin | (14.38%) | 20.85% | 5.84% |
| Return on equity | 8.93% | 21.89% | 2.87% |
| Return on assets | 4.64% | 17.26% | 0.99% |
| Return on invested capital | 4.21% | 20.81% | 3.88% |
Growth
Health
Dividend
Size
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