Is It Too Late To Consider Buying Cohu, Inc. (NASDAQ:COHU)?
Business
Cohu, Inc., through its subsidiaries, provides semiconductor test equipment and services in China, the United States, Taiwan, Malaysia, the Philippines, and internationally. The company supplies semiconductor test and inspection handlers, micro-electromechanical system (MEMS) test modules, test contactors, thermal sub-systems, and semiconductor automated test equipment for semiconductor manufacturers and test subcontractors. It also provides semiconductor automated test equipment for wafer level and device package testing; various test handlers, including pick-and-place, turret, gravity, strip, and MEMS 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, the company 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. 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. The company was incorporated in 1947 and is headquartered in Poway, California.
Cohu, Inc.
COHU
(United States Composite)
Recent
price
28.78
P/E
ratio
48.54
div
yld
- -
ROIC.AI
0.59EPS Dil.
48.54P/E
1.36BMarket Cap
Working Capital
FRC
•
in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
722
719
639
Cash, Cash Equivalents & STI
372
388
336
Accounts Receivable, Net
144
130
125
Inventories
174
167
156
Total Current Liabilities
138
128
103
Payables & Accruals
89
79
57
ST Debt
6
6
6
Deferred Revenue
15
11
8
Growth Rates
FRC
•
in mil. unless spec.
(avg. rate of change)
10 years
5 years
1 year
Sales/Revenue/Turnover
13.77%
9.48%
-21.77%
Net Income, GAAP
0.00%
-288.93%
-71.13%
Free Cash Flow
0.00%
-625.07%
-13.27%
Total Cash Common Dividend
- -
- -
- -
Total Equity
17.90%
14.88%
2.26%
Quarterly Revenue
FRC
•
in mil. unless spec.
Year
Q1
Q2
Q3
Q4
FY
2021
225
245
225
192
887
2022
198
217
207
191
813
2023
179
169
151
137
636
Legends:
Stock price
1.24
Beta (1.0 Market)
% total return 04/20
Stock
S&P500
YTD
-6.58
- -
3Y
-22.10
- -
5Y
121.11
- -
Quarterly Dividends Per Share
FRC
•
in mil. unless spec.
Year
Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
Capital Structure
FRC
•
in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
6
6
6
LT Borrowings
36
35
34
LT Finance Leases
16
14
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
48
47
47
Market Capitalization
1,978
1,635
1,670
Quarterly Earnings Per Share
FRC
•
in mil. unless spec.
Year
Q1
Q2
Q3
Q4
FY
2021
0.63
1.96
0.49
0.43
3.53
2022
0.44
0.59
0.52
0.46
2.01
2023
0.33
0.22
0.08
-0.04
0.59
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
8.61
7.32
13.60
12.80
8.44
8.63
12.47
10.35
10.58
12.67
14.22
14.17
15.20
18.71
16.87
13.40
13.40
Revenue per ShareRevenue per Share
-0.23
-1.20
1.04
0.65
-0.50
-1.34
0.34
0.01
0.11
1.18
-1.01
-1.69
-0.33
3.53
2.01
0.59
0.59
Basic EPS, GAAPBasic EPS, GAAP
0.17
0.01
0.63
0.45
0.37
-0.01
0.72
0.57
0.79
1.21
0.93
-0.02
0.74
1.81
2.04
1.80
1.80
Free Cash Flow per Basic ShareFree Cash Flow per Basic Share
0.24
0.24
0.24
0.24
0.30
0.18
0.24
0.24
0.24
0.24
0.22
0.24
0.12
- -
- -
- -
- -
Dividend per ShareDividend per Share
9.31
7.80
8.47
8.77
7.94
6.25
6.22
5.88
5.64
6.29
3.74
2.03
1.62
4.99
6.89
7.80
7.80
Book Value per ShareBook Value per Share
7.87
6.80
7.91
8.68
8.25
5.44
5.87
5.81
5.92
7.26
-0.37
-0.74
0.62
10.00
11.67
11.80
11.80
Tangible Book Value per ShareTangible Book Value per Share