COHR vs. ACMR

Last updated Apr 2, 2026

Compare and contrast key facts about Coherent, Inc. (COHR) and ACM Research, Inc. (ACMR).

Performance

COHR vs. ACMR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Coherent, Inc. (COHR) and ACM Research, Inc. (ACMR). The values are adjusted to include any dividend payments, if applicable.

COHR vs. ACMR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
COHR Coherent, Inc.	34.26%	94.84%	117.62%	24.02%	-48.63%	-10.04%	125.60%	3.73%	-30.86%	13.13%
ACMR ACM Research, Inc.	2.56%	161.26%	-22.72%	153.44%	-72.87%	4.95%	340.38%	69.58%	107.24%	-13.22%

Fundamentals

Market Cap COHR : $38.53B ACMR : $2.78B
EPS COHR : $1.89 ACMR : $1.38
PE Ratio COHR : 131.31 ACMR : 29.34
PEG Ratio COHR : 22.49 ACMR : 1.03
PS Ratio COHR : 6.12 ACMR : 3.06
PB Ratio COHR : 0.00 ACMR : 1.90
Total Revenue (TTM) COHR : $6.29B ACMR : $901.31M
Gross Profit (TTM) COHR : $2.29B ACMR : $400.07M
EBITDA (TTM) COHR : $1.13B ACMR : $152.61M

Returns By Period

In the year-to-date period, COHR achieves a 34.26% return, which is significantly higher than ACMR's 2.56% return.

COHR

• 1D: 4.03%
• 1M: -17.10%
• YTD: 34.26%
• 6M: 116.14%
• 1Y: 289.01%
• 3Y*: 86.70%
• 5Y*: 28.26%
• 10Y*: 27.75%

ACMR

• 1D: 2.82%
• 1M: -29.15%
• YTD: 2.56%
• 6M: -7.58%
• 1Y: 68.94%
• 3Y*: 51.22%
• 5Y*: 6.15%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

COHR vs. ACMR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

COHR

COHR Risk / Return Rank: 97
COHR Sharpe Ratio Rank: 98
COHR Sortino Ratio Rank: 93
COHR Omega Ratio Rank: 94
COHR Calmar Ratio Rank: 99
COHR Martin Ratio Rank: 98

ACMR

ACMR Risk / Return Rank: 71
ACMR Sharpe Ratio Rank: 72
ACMR Sortino Ratio Rank: 69
ACMR Omega Ratio Rank: 68
ACMR Calmar Ratio Rank: 71
ACMR Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

COHR vs. ACMR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Coherent, Inc. (COHR) and ACM Research, Inc. (ACMR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	COHR	ACMR	Difference
Sharpe ratio Return per unit of total volatility	3.88	0.93	+2.95
Sortino ratio Return per unit of downside risk	3.32	1.58	+1.74
Omega ratio Gain probability vs. loss probability	1.49	1.21	+0.28
Calmar ratio Return relative to maximum drawdown	10.62	1.58	+9.04
Martin ratio Return relative to average drawdown	28.01	4.48	+23.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COHR vs. ACMR - Sharpe Ratio Comparison

The current COHR Sharpe Ratio is 3.88, which is higher than the ACMR Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of COHR and ACMR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	COHR	ACMR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.88	0.93	+2.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.08	+0.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.52	-0.21

Correlation

The correlation between COHR and ACMR is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

COHR vs. ACMR - Dividend Comparison

Neither COHR nor ACMR has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

COHR vs. ACMR - Drawdown Comparison

The maximum COHR drawdown since its inception was -80.89%, smaller than the maximum ACMR drawdown of -87.23%. Use the drawdown chart below to compare losses from any high point for COHR and ACMR.

Drawdown Indicators

	COHR	ACMR	Difference
Max Drawdown Largest peak-to-trough decline	-80.89%	-87.23%	+6.34%
Max Drawdown (1Y) Largest decline over 1 year	-26.52%	-46.34%	+19.82%
Max Drawdown (5Y) Largest decline over 5 years	-66.13%	-84.81%	+18.68%
Max Drawdown (10Y) Largest decline over 10 years	-72.22%	—	—
Current Drawdown Current decline from peak	-17.10%	-42.76%	+25.66%
Average Drawdown Average peak-to-trough decline	-35.18%	-39.71%	+4.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.05%	16.39%	-6.34%

Volatility

COHR vs. ACMR - Volatility Comparison

Coherent, Inc. (COHR) has a higher volatility of 27.09% compared to ACM Research, Inc. (ACMR) at 19.57%. This indicates that COHR's price experiences larger fluctuations and is considered to be riskier than ACMR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COHR	ACMR	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.09%	19.57%	+7.52%
Volatility (6M) Calculated over the trailing 6-month period	54.88%	56.89%	-2.01%
Volatility (1Y) Calculated over the trailing 1-year period	75.09%	74.42%	+0.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.93%	79.59%	-19.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.47%	83.33%	-27.86%

Financials

COHR vs. ACMR - Profitability Comparison

The chart below illustrates the profitability comparison between Coherent, Inc. and ACM Research, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

COHR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Coherent, Inc. reported a gross profit of 623.00M and revenue of 1.69B. Therefore, the gross margin over that period was 37.0%.

ACMR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, ACM Research, Inc. reported a gross profit of 99.91M and revenue of 244.43M. Therefore, the gross margin over that period was 40.9%.

COHR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Coherent, Inc. reported an operating income of 199.00M and revenue of 1.69B, resulting in an operating margin of 11.8%.

ACMR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, ACM Research, Inc. reported an operating income of 23.04M and revenue of 244.43M, resulting in an operating margin of 9.4%.

COHR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Coherent, Inc. reported a net income of 147.00M and revenue of 1.69B, resulting in a net margin of 8.7%.

ACMR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, ACM Research, Inc. reported a net income of 8.05M and revenue of 244.43M, resulting in a net margin of 3.3%.