HEI-A vs IIVI

Comparison between Heico Corp - Class A (HEI-A, Company) and Coherent Corp (IIVI, Company).

HEI-A vs IIVI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HEI-A(COMPANY)	IIVI(COMPANY)
Market Cap	$31B	$31B
Max Drawdown	49.74%	67.60%
Sharpe Ratio	0.05	0.29
5Y Beta	0.82	N/A
Industry	Aerospace & Defense	N/A
P/E Ratio	35.65	-119.98
Forward P/E	37.45	N/A
Dividend Yield	0.11%	N/A
5Y Dividends CAGR	8.45%	N/A
5Y EPS CAGR	6.25%	N/A
Debt to Equity	0.08%	86.41%
Free Cash Flow Yield	2.69%	0.63%
P/S Ratio	N/A	6.05
P/B Ratio	N/A	6.26

Market Cap

HEI-A

$31B

Winner

IIVI

$31B

Max Drawdown

Winner

HEI-A

49.74%

IIVI

67.60%

Sharpe Ratio

HEI-A

0.05

Winner

IIVI

0.29

5Y Beta

HEI-A

0.82

IIVI

N/A

Industry

HEI-A

Aerospace & Defense

IIVI

N/A

P/E Ratio

HEI-A

35.65

Winner

IIVI

-119.98

Forward P/E

HEI-A

37.45

IIVI

N/A

Dividend Yield

HEI-A

0.11%

IIVI

N/A

5Y Dividends CAGR

HEI-A

8.45%

IIVI

N/A

5Y EPS CAGR

HEI-A

6.25%

IIVI

N/A

Debt to Equity

Winner

HEI-A

0.08%

IIVI

86.41%

Free Cash Flow Yield

Winner

HEI-A

2.69%

IIVI

0.63%

P/S Ratio

HEI-A

N/A

IIVI

6.05

P/B Ratio

HEI-A

N/A

IIVI

6.26

HEI-A vs IIVI - Historical Returns

Returns include dividend reinvestment.

Period	HEI-A	IIVI
1 month	+1.14%	+29.74%
3 months	-14.43%	+33.75%
6 months	-5.68%	+46.52%
1 year	+2.22%	+12.73%
5 years(CAGR)	+12.89%	N/A
10 years(CAGR)	+23.41%	N/A
Max(CAGR)	+24.03%	+8.75%

HEI-A

+1.14%

Winner

IIVI

+29.74%

HEI-A

-14.43%

Winner

IIVI

+33.75%

HEI-A

-5.68%

Winner

IIVI

+46.52%

HEI-A

+2.22%

Winner

IIVI

+12.73%

5Y(CAGR)

HEI-A

+12.89%

IIVI

N/A

10Y(CAGR)

HEI-A

+23.41%

IIVI

N/A

Max(CAGR)

Winner

HEI-A

+24.03%

IIVI

+8.75%

HEI-A vs IIVI - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	HEI-A	IIVI
2026	-12.94%	N/A
2025	+35.93%	N/A
2024	+31.65%	N/A
2023	+20.11%	+44.29%
2022	-6.78%	-41.99%
2021	+12.70%	-7.49%
2020	+23.76%	+59.15%
2019	+48.30%	N/A
2018	+25.84%	N/A
2017	+45.71%	N/A
2016	+43.05%	N/A

HEI-A vs IIVI Drawdown Comparison

The maximum drawdown for HEI-A was -49.70%, occurring on Mar 18, 2020. Recovery took 302 trading sessions.

The maximum drawdown for IIVI was -63.56%, occurring on May 16, 2023. This drawdown has not yet recovered.

The current HEI-A drawdown is -18.93%. The current IIVI drawdown is -35.99%.

Rank	HEI-A	IIVI
#1	-49.70% Aug 29, 2019 - Nov 9, 2020	-63.56% Feb 11, 2021 - May 16, 2023
#2	-27.11% Jan 15, 2026 - Apr 29, 2026	-25.73% Aug 12, 2020 - Nov 5, 2020
#3	-25.90% Nov 9, 2021 - Feb 15, 2023	-8.76% Jan 22, 2021 - Feb 9, 2021
#4	-24.91% Sep 14, 2018 - Feb 15, 2019	-5.95% Jul 6, 2020 - Jul 21, 2020
#5	-18.84% Jun 8, 2021 - Nov 9, 2021	-5.12% Dec 24, 2020 - Jan 5, 2021
#6	-17.89% Nov 22, 2024 - Mar 25, 2025	-3.19% Dec 8, 2020 - Dec 15, 2020
#7	-17.71% Jan 12, 2016 - Apr 14, 2016	-2.07% Jul 21, 2020 - Jul 31, 2020
#8	-14.99% Jan 8, 2021 - Apr 15, 2021	-1.34% Jan 7, 2021 - Jan 11, 2021
#9	-14.47% May 22, 2023 - Jul 25, 2023	-1.27% Dec 15, 2020 - Dec 17, 2020
#10	-13.62% Mar 25, 2025 - May 15, 2025	-0.92% Dec 18, 2020 - Dec 22, 2020
#11	-12.63% Jan 29, 2018 - Feb 28, 2018	-0.69% Aug 7, 2020 - Aug 12, 2020
#12	-12.46% Jul 25, 2023 - Dec 4, 2023	-0.66% Jan 19, 2021 - Jan 21, 2021
#13	-10.02% Aug 4, 2025 - Jan 5, 2026	-0.65% Jan 14, 2021 - Jan 19, 2021
#14	-9.73% Dec 13, 2023 - Feb 7, 2024	-0.55% Jan 5, 2021 - Jan 7, 2021
#15	-8.80% Nov 16, 2020 - Dec 4, 2020	-0.52% Nov 11, 2020 - Nov 13, 2020

Correlation

Correlation between HEI-A and IIVI is 0.06 which considered as a very weak or no correlation - the stocks move independently of each other.

0.06

-101

Dividend Comparison (2016 - 2026)

HEI-A vs IIVI dividend yield comparison.

Year	HEI-A	IIVI
2026	0.05%	0.00%
2025	0.09%	0.00%
2024	0.11%	0.00%
2023	0.14%	2.64%
2022	0.15%	7.50%
2021	0.13%	4.24%
2020	0.14%	1.81%
2019	0.08%	0.00%
2018	0.18%	0.00%
2017	0.10%	0.00%
2016	0.25%	0.00%