Coherent Corp (COHR) is slightly undervalued and Teledyne Technologies Inc (TDY) is undervalued.
Against our estimates of intrinsic value, TDY trades at the wider discount: a margin of safety of +42%, against +16% for COHR.
Values as of the 22 Sept 2026 close.
A 10.4x revenue multiple, adjusted for growth and margin, values the shares at $367.54; the price of $310.39 is 16% below that value.
Leak Score 50/100 on 9 of 12 signals
A 8.0x revenue multiple, adjusted for growth and margin, values the shares at $1063.77; the price of $612.74 is 42% below that value.
Leak Score 76/100 on 10 of 12 signals
| Metric | COHR | TDY |
|---|---|---|
| Verdict | Slightly undervalued | Undervalued |
| Price | $310.39 | $612.74 |
| Intrinsic value | $367.54 | $1063.77 |
| Margin of safety | +16% | +42% |
| Leak Score | 50/100 (9/12) | 76/100 (10/12) |
| Market cap | $60.8B | $28.4B |
| Revenue growth, 5 years | 18.0% | 14.8% |
| Operating margin | 13.8% | 19.4% |
| Net margin | 10.8% | 15.3% |
| Return on equity | 8.5% | 9.2% |
| Debt to equity | 0.33 | 0.19 |
| P/E | 75.5x | 29.6x |
| Forward P/E | 22.1x | 22.9x |
| P/B | 5.6x | 2.6x |
| Dividend yield | 0.0% | — |