Is COHERENT CORP. (COHR) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 8.8% / 30% | 2.1% / 30% | 2.3% / 30% | 3.4% / 5% | ✓ HALAL |
| DJIM | 8.8% / 33% | 2.1% / 33% | 2.3% / 33% | 3.4% / 5% | ✓ HALAL |
| MSCI | 26.1% / 33% | 6.1% / 33% | 6.8% / 33% | 3.4% / 5% | ✓ HALAL |
| S&P | 8.8% / 33% | 2.1% / 33% | 2.3% / 33% | 3.4% / 5% | ✓ HALAL |
| FTSE | 26.1% / 33% | 6.1% / 33% | 6.8% / 50% | 3.4% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 36.4% | |
| Operating Margin | 11.8% | |
| Net Margin | 4.7% | |
| Return on Equity (ROE) | 3.2% | |
| Return on Assets (ROA) | 2.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $634M |
| Free Cash Flow | $193M |
| Total Debt | $3.9B |
| Debt-to-Equity | 39.9 |
| Current Ratio | 2.3 |
| Total Assets | $14.9B |
Price & Trading
| Last Close | $243.29 |
| 50-Day MA | $236.67 |
| 200-Day MA | $152.71 |
| Avg Volume | 6.8M |
| Beta | 1.9 |
|
52-Week Range
$45.58
| |
About COHERENT CORP. (COHR)
Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and laser systems for the use in the industrial, communications, electronics, and instrumentation markets worldwide. It operates through three segments: Networking, Materials, and Lasers. The Networking segment offers transceivers, systems, subsystems, modules, components, optics, and semiconductor devices for datacenter and communications applications. The Materials segment provides engineered materials, laser optics, thermoelectric components, and advanced ceramic and metal-matrix composite materials and products; and vertical-cavity surface-emitting laser, edge-emitting laser, pump lasers, high-power lasers for materials processing, and integrated circuit. The Laser segment offers excimer lasers, solid-state lasers, CO2 lasers, and laser systems for various industrial applications, including semiconductor capital equipment, display manufacturing, precision manufacturing, and scientific research; and laser systems and subsystems. It markets its products and services through direct sales force, representatives, and distributors. The company was formerly known as II-VI Incorporated and changed its name to Coherent Corp. in September 2022. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania.
Purification Calculator
As a halal stock with 3.40% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is COHERENT CORP. (COHR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), COHERENT CORP. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is COHERENT CORP.'s debt ratio?
COHERENT CORP.'s debt ratio is 8.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 26.1%.
Does COHERENT CORP. require dividend purification?
Yes, COHERENT CORP. has an impermissible income ratio of 3.40%, which means 3.40% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are COHERENT CORP.'s key financial metrics?
COHERENT CORP. has a market capitalization of $45.6B, trailing P/E ratio of 238.7, and revenue of $5.8B. The company maintains a gross margin of 36.4% and a net margin of 4.7%. Return on equity stands at 3.2%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.