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Cohu, Inc. COHU R2K

Technology · Semiconductor Equipment & Materials · United States
https://www.cohu.com

Cohu, Inc., through its subsidiaries, provides semiconductor test equipment and services in the United States, Taiwan, China, Malaysia, the Philippines, Singapore, and internationally. It supplies test and inspection metrology automation systems, micro-electromechanical system test modules, test contactors, thermal subsystems, and data analytics software for semiconductor manufacturers and test subcontractors. The company also provides semiconductor automated test equipment for wafer level and device package testing; various test handlers, including pick-and-place, turret, gravity, strip, film frame, laser marker, and thermal sub-systems; interface products comprising test contactors, and probe heads and pins; spares and kits; various parts and labor warranties on test and handling systems, and instruments; and training on the maintenance and operation of its systems, as well as application, data management software, and consulting services on its products. In addition, it offers data analytics product that includes DI-Core, a software suite used to optimize Cohu equipment performance, which provides real-time online performance monitoring and process control. Further, the company provides artificial intelligence process control and analytics-based monitoring software. It markets its products through direct sales force and independent sales representatives. The company was formerly known as Cohu Electronics, Inc. and changed its name to Cohu, Inc. in 1972. Cohu, Inc. was incorporated in 1947 and is headquartered in San Diego, California.

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$52.75
+209.02% 1Y

Market & Price

Market Cap
$2.49B
Current Price
$52.75
High / Low (52W)
$54.94 / $17.07
Beta
1.61

Valuation

Stock P/E
-
Industry PE
32.74
Forward P/E
36.20
PEG Ratio
1.15
Book Value
$16.30
Price to Book
3.24
P/S
5.17
EV/EBITDA
-1,962.83
Dividend Yield
-

Profitability & Returns

ROCE
-5.32%
ROE
-6.96%
ROA
-2.78%
Profit Margin
-11.54%
Op Margin
-8.30%
EPS (Latest Qtr)
$-0.26
EPS (TTM)
$-1.19

Balance Sheet & Liquidity

Debt/Equity
0.43
Quick Ratio
5.03
Current Ratio
6.43
Debt
$330.08M
Total Assets
$1.24B
Current Assets
$749.99M
Working Capital
$640.91M

Ownership

Promoter Holding
2.88%
Chg in Prom Hold
-
FII / Inst Holding
109.37%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$2.33B
Total Revenue (TTM)
$481.28M
EBITDA
$-1.19M
Free Cash Flow
$69.16M
Operating Cash Flow
$52.19M
Shares Outstanding
47.18M
Gross Margin
43.47%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
-17.71%
Profit 5Y
-58.90%
Revenue (YoY)
29.30%
Earnings (YoY)
-

PROS

  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Revenue declined at -17.7% CAGR over 5 years.
  • Earnings shrank at -58.9% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 COHU Cohu, Inc. R2K 52.75 - $2.49B - -5.32% -6.96% -17.71% -58.90%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
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Quarterly Results

Figures in USD.

Metric Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Apr 2017Jun 2017Jul 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Apr 2023Jul 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 65.78M76.35M69.26M70.69M81.10M81.10M93.87M93.87M93.65M84.09M-------------------------96.80M107.68M126.25M122.23M125.12M
Cost of Revenue -----------------------------------54.48M60.57M70.98M73.30M67.21M
Gross Profit 19.28M26.74M23.28M25.53M-32.26M-37.13M36.91M34.42M-------------------------42.32M47.11M55.26M48.93M57.91M
Operating Expenses -----------------------------------63.02M63.13M64.47M62.62M68.29M
Operating Income -1.51M3.22M906.00K-8.02M-11.64M-10.42M-11.59M10.77M7.01M--17.98M-14.66M-6.02M--13.63M-528.00K-1.36M-35.73M114.52M33.72M27.69M36.91M33.71M19.88M15.66M7.40M-17.97M-16.30M-15.77M--20.70M-16.03M-9.21M-13.70M-10.38M
EBITDA ------------------------------------12.68M-1.25M5.89M-1.62M3.03M
Interest Expense -----------------------------------198.00K126.00K110.00K1.62M1.62M
Pretax Income ------------------------------------25.97M-14.83M-7.82M-13.79M-9.01M
Tax Provision -----------------------------------4.84M2.05M-3.71M8.69M3.06M
Net Income -1.69M2.46M179.00K2.09M6.76M6.76M10.43M10.43M8.76M6.89M8.12M11.65M4.80M-56.75M-22.64M-19.32M-10.47M-17.27M-17.28M-4.74M-6.65M14.86M27.61M95.10M23.73M21.57M28.77M24.88M15.69M10.58M3.92M-14.63M-15.77M-18.06M--30.80M-16.88M-4.10M-22.49M-12.07M
Diluted EPS -0.060.090.010.080.240.240.360.360.300.230.280.390.16-1.40-0.55-0.47-0.25-0.42-0.42-0.11-0.160.340.611.920.480.440.590.510.330.220.08-0.31-0.34-0.39--0.66-0.36-0.09-0.48-0.26
R&D Expense 7.68M8.35M8.67M-9.78M-9.47M-9.61M-11.78M11.05M11.09M-22.73M22.11M20.48M-22.47M20.42M20.50M-23.15M23.42M22.79M23.11M23.16M23.37M22.51M22.47M21.48M22.34M21.34M20.32M-23.15M23.19M22.45M-26.39M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 171.26M322.67M308.97M206.31M214.51M316.63M269.65M282.08M352.70M----812.77M636.32M401.78M452.96M
Cost of Revenue -------------429.45M333.45M221.49M259.34M
Gross Profit --100.13M67.98M63.39M105.97M89.04M94.83M140.72M----383.33M302.87M180.29M193.62M
Operating Expenses -------------257.16M257.18M251.92M253.25M
Operating Income -15.10M29.68M17.34M-13.96M-30.98M19.40M7.96M3.04M37.73M-29.78M-52.33M3.26M-126.16M45.69M-71.63M-59.63M
EBITDA -------------176.91M98.94M-11.84M-9.67M
Interest Expense -------------4.18M3.38M618.00K2.05M
Pretax Income -------------126.72M45.82M-64.95M-62.41M
Tax Provision -------------29.87M17.66M4.87M11.87M
Net Income -28.17M24.64M15.72M-12.24M-33.42M8.71M250.00K3.04M32.84M-32.18M-69.70M-13.80M-96.85M28.16M-69.82M-74.27M
Diluted EPS -1.201.020.64-0.50-1.340.330.010.111.14-1.01-1.69-0.33-1.980.59-1.49-1.59
R&D Expense 31.96M36.20M36.23M33.56M40.45M36.02M33.11M34.84M40.74M56.43M86.15M86.15M91.96M92.59M88.57M84.80M92.21M

Compounded Sales Growth

5 Years:-17.71%
1 Year:29.30%

Compounded Profit Growth

5 Years:-58.90%
1 Year:-

Stock Price Performance

1 Year:+209.02%
6 Months:+123.23%
3 Months:+74.67%
1 Month:+17.98%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --366.04M361.61M334.87M345.42M344.76M345.35M345.51M420.46M1.13B1.08B1.09B-1.23B1.15B999.41M1.24B
Current Assets --------------764.85M638.82M534.31M749.99M
Cash & Equivalents 30.19M38.25M45.92M53.26M102.81M51.67M70.89M115.37M96.05M134.29M164.46M155.19M149.36M-242.34M245.52M206.41M227.05M
Inventory --------------170.14M155.79M141.86M129.01M
Receivables --------------176.15M124.62M91.62M108.75M
Total Liabilities --------------298.57M200.18M142.52M457.44M
Current Liabilities --71.53M51.87M36.38M61.01M68.22M63.19M68.69M85.27M160.59M148.88M174.45M-160.87M103.42M85.18M109.08M
Long Term Debt ---------4.58M343.43M346.52M311.55M-72.66M34.30M7.05M285.03M
Total Debt --------------98.18M53.80M18.69M327.77M
Total Equity 285.54M257.25M274.73M291.03M280.90M253.16M247.07M238.14M235.47M289.09M546.24M483.07M512.29M-928.84M950.17M856.89M785.54M
Shares Outstanding -------------48.76M51.04M49.43M49.60M-

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 2.76M19.52M12.24M13.17M3.42M19.68M21.48M24.55M39.75M34.44M17.27M49.88M-112.86M101.47M2.78M31.69M
Investing Cash Flow 9.43M-9.78M-806.00K41.17M-51.33M8.64M31.03M-32.92M-7.04M--16.55M-18.36M--67.87M-30.21M21.92M-257.02M
Financing Cash Flow -4.90M-1.83M-3.86M-5.76M-3.15M-4.18M-4.98M-6.71M2.15M322.11M-8.18M-38.22M--91.07M-68.14M-59.03M246.33M
Capital Expenditure -2.51M-4.58M-1.41M-3.24M-3.61M-1.46M-6.59M-3.45M-6.09M-4.97M-18.00M-18.66M--14.77M-16.05M-10.63M-20.96M
Free Cash Flow 255.00K14.94M10.82M9.93M-190.00K18.22M14.89M21.10M33.66M29.47M-731.00K31.22M-98.09M85.42M-7.86M10.73M
Net Change in Cash --------------46.08M3.12M-34.34M21.00M
Share Buybacks ----------007.32M50.72M23.64M26.99M8.59M

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % --32.4%32.9%29.5%33.5%33.0%33.6%39.9%----47.2%47.6%44.9%42.7%
Operating Margin % -8.8%9.2%5.6%-6.8%-14.4%6.1%3.0%1.1%10.7%----15.5%7.2%-17.8%-13.2%
Net Margin % -16.4%7.6%5.1%-5.9%-15.6%2.8%0.1%1.1%9.3%----11.9%4.4%-17.4%-16.4%
ROE % -10.9%9.0%5.4%-4.4%-13.2%3.5%0.1%1.3%11.4%-5.9%-14.4%-2.7%-10.4%3.0%-8.1%-9.5%
ROCE % -10.1%5.6%-4.7%-10.9%7.0%2.8%1.1%11.3%-3.1%-5.6%0.4%-11.8%4.4%-7.8%-5.3%

Shareholding Pattern

Insiders
2.88%
Institutions
109.37%
Public Float
112.62%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 15.50% 7.31M $385.67M
2 Victory Capital Management Inc. 4.89% 2.31M $121.67M
3 Vanguard Portfolio Management LLC 4.32% 2.04M $107.53M
4 Royce & Associates LP 4.30% 2.03M $106.96M
5 Vanguard Capital Management LLC 4.17% 1.97M $103.79M
6 State Street Corporation 3.87% 1.83M $96.34M
7 Barrow, Hanley Mewhinney & Strauss, LLC 3.77% 1.78M $93.88M
8 Dimensional Fund Advisors LP 3.32% 1.57M $82.69M
9 Systematic Financial Management, L.P. 2.97% 1.40M $73.92M
10 Frontier Capital Management Company LLC 2.74% 1.29M $68.29M

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