Cohu, Inc.

Cohu, Inc.

COHUยทNASDAQ

$56.12

+3.0%
TechnologySemiconductors

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 and electronics 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. Cohu, Inc. was incorporated in 1947 and is headquartered in Poway, California.

At a Glance

Live Snapshot
Market Cap$2.65B
EPS-1.5900
P/E Ratio-35.30
Earnings Date07/30/2026
Cohu, Inc.

Cohu, Inc. Fair Value Envelope

COHU ยท NASDAQ

Our analysis suggests that COHU has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $56.12, this represents a potential HIDDEN relative to our calculated worth for Cohu, Inc..

Intrinsic Value
Current Price: $56.12

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$250.0B
+ Cash & Equivalents$484.0M
Firm Value$250.5B
- Debt$359.5M
Equity Value$250.2B
/ Shares Outstanding46,691,091B
DCF Value$5.4K
UNDERVALUED BY 9447%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$63.4M
$126.8M
$253.5M
$507.1M
$1.0B
$2.0B
$4.1B
$8.1B
$16.2B
$32.5B
Maintenance CapEx
-$8.4M
-$16.8M
-$33.5M
-$67.1M
-$134.1M
-$268.3M
-$536.5M
-$1.1B
-$2.1B
-$4.3B
Owner Earnings
$55.0M
$110.0M
$220.0M
$440.0M
$880.0M
$1.8B
$3.5B
$7.0B
$14.1B
$28.2B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$50.9M
$94.3M
$174.6M
$323.4M
$598.9M
$1.1B
$2.1B
$3.8B
$7.0B
$13.0B
Terminal Value represents 88.7% of Enterprise Value