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Cohu, Inc., through its subsidiaries, provides semiconductor test equipment and services in the United States, Taiwan, China, Malaysia, the Philippines, Singapore, and internationally. It supplies test and inspection metrology automation systems, micro-electromechanical system test modules, test contactors, thermal subsystems, and data analytics software for semiconductor manufacturers and test subcontractors. The company also provides semiconductor automated test equipment for wafer level and device package testing; various test handlers, including pick-and-place, turret, gravity, strip, film frame, laser marker, 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, it 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. Further, the company provides artificial intelligence process control and analytics-based monitoring software. 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 San Diego, California.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Cohu Inc designs and supplies test, inspection and thermal systems and related services used to verify semiconductor devices and electronic components. Long-term growth may be driven by rising test content from advanced packaging, AI, automotive and 5G, and the company appears positioned to benefit through engineering-led products, aftermarket spares and exposure to secular semiconductor capex cycles.
Key risks include cyclical semiconductor capital spending, customer concentration and competitive pressure, plus execution and supply-chain exposure amid global geopolitical uncertainty.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -62.41M | -64.95M | 45.82M | 126.72M | 192.34M |
| Minority interest | - | - | - | - | 0.00M |
| Net income | -74.27M | -69.82M | 28.16M | 96.85M | 167.32M |
| Selling general administrative | 123.57M | 128.04M | 134.25M | 131.39M | 126.96M |
| Gross profit | 154.40M | 179.83M | 302.81M | 383.33M | 386.96M |
| Reconciled depreciation | 50.69M | 52.49M | 48.01M | 46.02M | 35.41M |
| Ebit | -58.48M | -71.89M | 47.23M | 125.56M | 132.87M |
| Ebitda | -7.79M | -19.41M | 96.97M | 163.36M | 168.28M |
| Depreciation and amortization | 50.69M | 52.49M | 49.74M | 37.80M | 35.41M |
| Non operating income net other | - | - | - | 5.33M | -2.76M |
| Operating income | -58.48M | -71.67M | 43.27M | 125.56M | 132.87M |
| Other operating expenses | 511.43M | 473.45M | 593.05M | 686.61M | 754.59M |
| Interest expense | 2.05M | 0.62M | 3.38M | 4.18M | 6.41M |
| Tax provision | 11.87M | 4.87M | 20.61M | 29.87M | 25.02M |
| Interest income | 8.04M | 9.98M | 11.12M | 4.01M | 0.24M |
| Net interest income | 5.99M | 9.36M | 7.24M | -0.17M | -6.17M |
| Non recurring | - | - | - | 0.60M | 1.92M |
| Income tax expense | 11.87M | 4.87M | 17.66M | 29.87M | 25.02M |
| Total revenue | 452.96M | 401.78M | 636.32M | 812.77M | 887.21M |
| Total operating expenses | 212.87M | 251.50M | 259.53M | 257.16M | 254.34M |
| Cost of revenue | 298.56M | 221.95M | 333.52M | 429.45M | 500.25M |
| Total other income expense net | -3.93M | 6.72M | 2.54M | 1.16M | 59.48M |
| Net income from continuing ops | -74.27M | -69.82M | 51.81M | 96.85M | 167.32M |
| Net income applicable to common shares | - | - | - | 96.85M | 167.32M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 1242.98M | 999.41M | 1150.35M | 1227.41M | 1259.04M |
| Intangible assets | 79.27M | 110.72M | 151.77M | 140.10M | 177.32M |
| Other current assets | 28.25M | 38.73M | 22.70M | 32.99M | 16.96M |
| Total liab | 457.44M | 142.52M | 200.18M | 298.57M | 376.54M |
| Total stockholder equity | 785.54M | 856.89M | 950.17M | 928.84M | 882.50M |
| Deferred long term liab | - | - | - | 21.36M | 25.89M |
| Other current liab | 48.69M | 44.13M | 50.03M | 94.78M | 79.62M |
| Common stock | 49.88M | 49.60M | 49.43M | 49.28M | 48.76M |
| Capital stock | 49.88M | 49.60M | 49.43M | 49.28M | 48.76M |
| Retained earnings | 174.47M | 248.74M | 318.56M | 290.40M | 193.56M |
| Other liab | - | - | - | 45.83M | 58.65M |
| Good will | 283.03M | 234.64M | 241.66M | 213.54M | 219.79M |
| Other assets | - | 0.00M | - | 6.41M | 22.12M |
| Cash | 227.05M | 206.41M | 245.52M | 242.34M | 290.20M |
| Total current liabilities | 109.08M | 85.18M | 103.42M | 160.87M | 192.46M |
| Current deferred revenue | 8.63M | 6.35M | 8.33M | 8.02M | 13.21M |
| Net debt | 132.41M | -187.71M | -186.59M | -144.16M | -150.37M |
| Short term debt | 11.05M | 1.75M | 11.46M | 6.31M | 14.40M |
| Short long term debt | 11.05M | 1.75M | 6.32M | 6.31M | 14.40M |
| Short long term debt total | 359.46M | 18.69M | 58.94M | 98.18M | 139.83M |
| Other stockholder equity | 593.67M | 609.71M | 616.96M | 629.17M | 667.45M |
| Property plant equipment | - | - | - | 65.01M | 89.02M |
| Total current assets | 749.99M | 534.31M | 638.82M | 764.85M | 750.79M |
| Net tangible assets | - | - | - | 594.41M | 485.39M |
| Short term investments | 256.93M | 55.69M | 90.17M | 143.24M | 89.70M |
| Net receivables | 108.75M | 91.62M | 124.62M | 176.15M | 192.87M |
| Long term debt | 285.03M | 7.05M | 34.30M | 72.66M | 103.39M |
| Inventory | 129.01M | 141.86M | 155.79M | 170.14M | 161.05M |
| Accounts payable | 40.71M | 30.55M | 33.60M | 51.76M | 85.23M |
| Accumulated other comprehensive income | -32.47M | -51.16M | -34.78M | -40.01M | -27.26M |
| Common stock total equity | - | - | - | 49.28M | 48.76M |
| Retained earnings total equity | - | - | - | 290.40M | 193.56M |
| Treasury stock | - | - | - | -58.04M | -7.32M |
| Non currrent assets other | 24.43M | 31.06M | 32.24M | -0.25M | 22.12M |
| Non current assets total | 492.99M | 465.11M | 511.53M | 462.56M | 508.25M |
| Capital lease obligations | 31.69M | 9.89M | 13.18M | 19.21M | 22.04M |
| Long term debt total | - | - | - | 72.66M | 103.39M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -201.80M | 21.92M | 2.71M | -67.87M | -69.15M |
| Change to liabilities | - | - | - | -18.18M | 25.08M |
| Total cashflows from investing activities | -257.02M | - | - | -67.87M | 39.89M |
| Net borrowings | 294.56M | - | - | -38.23M | -204.69M |
| Total cash from financing activities | 246.33M | -59.03M | -68.14M | -91.07M | 6.53M |
| Change to operating activities | - | - | - | -20.33M | 1.83M |
| Net income | -74.27M | -69.82M | 28.16M | 96.85M | 167.32M |
| Change in cash | 20.65M | -39.12M | 3.18M | -47.86M | 140.84M |
| Begin period cash flow | 206.41M | 245.52M | 242.34M | 290.20M | 149.36M |
| End period cash flow | 227.05M | 206.41M | 245.52M | 242.34M | 290.20M |
| Total cash from operating activities | 31.69M | 2.78M | 101.47M | 112.86M | 97.73M |
| Issuance of capital stock | - | - | 0.00M | 0.00M | 223.12M |
| Depreciation | 53.52M | 52.49M | 49.74M | 46.02M | 48.57M |
| Other cashflows from investing activities | -2.15M | -3.10M | 0.22M | 0.35M | 0.16M |
| Dividends paid | - | - | 68.08M | 11.10M | 0.00M |
| Change to inventory | 4.28M | 4.98M | 12.84M | -18.51M | -35.86M |
| Change to account receivables | -14.47M | 34.85M | 61.90M | 12.45M | -59.12M |
| Sale purchase of stock | -7.40M | -26.99M | -29.30M | -50.72M | -7.32M |
| Other cashflows from financing activities | -31.39M | -0.70M | -5.66M | 11.10M | -4.39M |
| Change to netincome | - | - | - | 9.93M | -66.85M |
| Capital expenditures | 20.96M | 10.63M | 16.05M | 14.77M | 12.00M |
| Change receivables | - | - | - | 12.45M | -59.12M |
| Cash flows other operating | - | - | - | -15.16M | 17.95M |
| Cash and cash equivalents changes | - | - | - | -46.08M | 144.33M |
| Change in working capital | 22.16M | -3.88M | 10.41M | -48.94M | -71.76M |
| Stock based compensation | 23.04M | 20.74M | 17.24M | 14.92M | 13.79M |
| Other non cash items | 32.08M | 6.97M | 0.69M | 7.53M | -61.15M |
| Free cash flow | 10.73M | -7.86M | 85.42M | 98.09M | 85.73M |
Sector: Technology Industry: Semiconductor Equipment & Materials
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| COHU Cohu Inc |
2.40 5.52% |
45.98 | - | 26.11 | 4.53 | 3.05 | 4.20 | 102.86 |
| ASML ASML Holding N.V. New York Registry Shares |
28.82 1.91% |
1536.67 | 48.54 | 41.49 | 17.21 | 23.21 | 14.06 | 36.48 |
| ASMLF ASML Holding NV |
42.03 2.80% |
1542.87 | 48.31 | 41.32 | 16.88 | 23.07 | 14.07 | 36.51 |
| AMAT Applied Materials Inc |
23.47 6.30% |
396.00 | 40.44 | 36.23 | 11.09 | 14.41 | 11.04 | 30.52 |
| TOELF Tokyo Electron Ltd. |
3.55 6.34% |
59.55 | 38.96 | 29.50 | 0.06 | 10.52 | 9.30 | 32.18 |
Cohu, Inc., through its subsidiaries, provides semiconductor test equipment and services in the United States, Taiwan, China, Malaysia, the Philippines, Singapore, and internationally. It supplies test and inspection metrology automation systems, micro-electromechanical system test modules, test contactors, thermal subsystems, and data analytics software for semiconductor manufacturers and test subcontractors. The company also provides semiconductor automated test equipment for wafer level and device package testing; various test handlers, including pick-and-place, turret, gravity, strip, film frame, laser marker, 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, it 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. Further, the company provides artificial intelligence process control and analytics-based monitoring software. 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 San Diego, California.
17087 Via Del Campo, San Diego, CA, United States, 92127-1711
858 848 8100
2777
| Name | Title | Year Born |
|---|---|---|
| Dr. Luis Antonio Muller | Pres, CEO & Director | 1970 |
| Mr. Jeffrey D. Jones | Sr. VP of Fin. & CFO | 1961 |
| Mr. Thomas D. Kampfer | VP of Corp. Devel., Gen. Counsel & Sec. | 1964 |
| Mr. Christopher G. Bohrson | Sr. VP of Global Customer Group | 1960 |
| Mr. Ian P. Lawee | Sr. VP & GM of Semiconductor Test Group | 1967 |
| Mr. James G. McFarlane | Pres of Delta Design Kit Operations | 1951 |
| Dr. Luis Antonio Muller | President, CEO & Director | 1970 |
| Mr. Jeffrey D. Jones | Senior VP of Finance & CFO | 1961 |
| Mr. Thomas D. Kampfer | Senior VP of Corporate Development, General Counsel & Secretary | 1964 |
| Mr. Christopher G. Bohrson | Senior Vice President of Global Customer Group | 1960 |
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