COHERENT CORP. vs Waters Corporation, two Scientific Instruments stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.
Where COHR and WAT diverge most: on fcf yield, COHR reads -1.1% and WAT reads 1.1%; on ev/ebitda, COHR reads 1002.5 and WAT reads 55.0. The rest of the comparable metrics sit closer together. What COHR's price implies is a somewhat stretched bet versus history (whole-company basis). The bull and bear cases for each are in their full reports below.
| Metric | COHR | WAT |
|---|---|---|
| Price | $262.28 | $377.25 |
| Market cap | $51.5B | $31.0B |
| Sector | Scientific Instruments | Scientific Instruments |
| Stage | Growth | Growth |
| P/E | 124.3 | 47.8 |
| P/B | 4.68 | 2.03 |
| P/S | 7.80 | 8.16 |
| EV/EBITDA | 1002.5 | 55.0 |
| Revenue growth | +17.9% | +28.6% |
| Operating margin | — | -3.7% |
| Net margin | 7.1% | 11.9% |
| Return on equity | 4.3% | 3.0% |
| Return on assets | 2.7% | 1.8% |
| Return on invested capital | — | 2.4% |
| FCF yield | -1.1% | 1.1% |
| Debt / equity | 0.29 | 0.32 |
| Current ratio | 3.05 | 1.79 |
| Altman Z (solvency) | 5.70 | 2.84 |
| Piotroski F (quality) | 5 / 9 | 4 / 9 |
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
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The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.