Overview
Discounted cash flow
Income / accounting-based
Multiples & assets
Scenario
Toolbox
Weighted blend
$54.28
-84.98% vs spot
Sell
Spot price
$361.47
Mkt cap $57.32B
subtle cardAnalyst PT consensus
$252.50
-30.15% vs spot
subtle cardMethods covered
14 / 15
7 in blend
subtle cardFootball field
COHR · fair-value range by method
Method comparison
COHR · fair value by valuation framework
| Method | Category | Fair value | Range | vs spot | Weight | Driver | Conf. |
|---|---|---|---|---|---|---|---|
| DCF · FCFF | dcf | $6.50 | $8.18 – $20.62 | -98.20% | 39.3% | WACC 10.9%, g₀=0.4%, gₗ=7.0% | high |
| DDM · Gordon | ddm | $1.28 | $1.11 – $1.51 | -99.65% | — | D₁ 0.08, kₑ 13.6%, gₗ 7.0% | med |
| DDM · H-model | ddm | $0.88 | $1.11 – $1.25 | -99.76% | — | D₀ 0.08, g₀=0.4%, gₗ=7.0%, H 5y | med |
| DDM · multi-stage | ddm | $1.10 | $0.94 – $1.27 | -99.70% | 7.1% | 5y schedule 0.4% → 7.0%, kₑ 13.6% | high |
| Residual income | income | $43.53 | $38.31 – $48.76 | -87.96% | 21.4% | BV 58.67, ROE 0.6% → kₑ | high |
| EVA / MVA | income | -$50.39 | -$44.34 – -$56.43 | -113.94% | — | IC 11.5B, WACC 10.9% | high |
| Justified P/B | multiple | $0.87 | $0.74 – $1.00 | -99.76% | — | Fair P/B 0.01 · ROE 0.6%, kₑ 13.6% | high |
| P/S · sector | multiple | $241.17 | $204.99 – $277.34 | -33.28% | — | Rev/sh 40.19 × peer P/S 6.00 | med |
| EV / EBITDA | multiple | $132.32 | $116.44 – $148.20 | -63.39% | 17.9% | EBITDA × peer 20.0× − ND 3.0B | high |
| EV / EBIT | multiple | $70.50 | $59.92 – $81.07 | -80.50% | — | EBIT × peer 24.0× − ND | med |
| EV / Sales | multiple | $184.35 | $156.69 – $212.00 | -49.00% | 8.9% | Sales × peer 5.10× − ND | med |
| Earnings power | intrinsic | $7.89 | $6.95 – $8.84 | -97.82% | 1.8% | NOPAT / WACC, no growth | med |
| Book NAV | asset | $58.67 | $55.74 – $61.61 | -83.77% | 3.6% | (Assets − Liabilities) / Shares | high |
| Liquidation | asset | $29.61 | $25.17 – $34.06 | -91.81% | — | Cash 100% + non-cash 70% − Liab. | low |
| Reverse DCF | reverse | — | — | — | — | Implied g 50.0% · Heroic — market needs ≥25% FCF growth | high |
Cost-of-capital build-up
CAPM cost of equity, after-tax cost of debt, WACC. Risk-free as of 2026-05-12.
| Risk-free rate (US 10y Treasury)rf | 4.46% |
| Equity beta (2.05)β | × 2.05 |
| Equity risk premiumERP | 4.46% |
| Cost of equity (CAPM)kₑ | 13.62% |
| Pre-tax cost of debtkd | 6.25% |
| Effective tax ratet | 17.7% |
| After-tax cost of debt | 5.14% |
| Equity weight$8.5B | 68.5% |
| Debt weight$3.9B | 31.5% |
| WACC | 10.95% |
Growth assumptions
Blended forward growth used as DCF default; terminal pegged to long-run nominal GDP.
| Analyst forward revenue growthFMP | 21.46% |
| Analyst forward EPS growthFMP | — |
| Historical 5y revenue CAGRFY | 16.95% |
| Historical 5y EPS CAGRFY | -38.82% |
| Sustainable g (ROE × retention)Δ | 0.45% |
| Blended near-term growth (g₀) | 0.39% |
| Terminal growth (gₗ) | 7.00% |
Sources
- FMP /analyst-estimates— 8 rows(as of 2022-06-29)
- Treasury rates · 10y— 4.46% rf(as of 2026-05-12)
- market_risk_premium · DB— 4.46% ERP(as of 2026-05-13)
- Sector multiple defaults— Technology (live sector PE unavailable)
- FMP /price-target-consensus— mean $252.50
This page is generated by a quantitative valuation engine for research purposes only and does not constitute investment advice. Methodology follows standard CFA / Damodaran frameworks; assumptions are driven by analyst consensus from Financial Modeling Prep and reported financial statements.