IIVI vs HEI-A

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

IIVI vs HEI-A - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Market Cap

Winner

IIVI

$31B

HEI-A

$31B

Max Drawdown

IIVI

67.60%

Winner

HEI-A

49.74%

Sharpe Ratio

Winner

IIVI

0.29

HEI-A

0.05

5Y Beta

IIVI

N/A

HEI-A

0.82

Industry

IIVI

N/A

HEI-A

Aerospace & Defense

P/E Ratio

Winner

IIVI

-119.98

HEI-A

35.65

Forward P/E

IIVI

N/A

HEI-A

37.45

Dividend Yield

IIVI

N/A

HEI-A

0.11%

5Y Dividends CAGR

IIVI

N/A

HEI-A

8.45%

5Y EPS CAGR

IIVI

N/A

HEI-A

6.25%

Debt to Equity

IIVI

86.41%

Winner

HEI-A

0.08%

Free Cash Flow Yield

IIVI

0.63%

Winner

HEI-A

2.69%

P/S Ratio

IIVI

6.05

HEI-A

N/A

P/B Ratio

IIVI

6.26

HEI-A

N/A

IIVI vs HEI-A - Historical Returns

Returns include dividend reinvestment.

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

Winner

IIVI

+29.74%

HEI-A

+1.14%

Winner

IIVI

+33.75%

HEI-A

-14.43%

Winner

IIVI

+46.52%

HEI-A

-5.68%

Winner

IIVI

+12.73%

HEI-A

+2.22%

5Y(CAGR)

IIVI

N/A

HEI-A

+12.89%

10Y(CAGR)

IIVI

N/A

HEI-A

+23.41%

Max(CAGR)

IIVI

+8.75%

Winner

HEI-A

+24.03%

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

Returns include dividend reinvestment.

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

IIVI vs HEI-A Drawdown Comparison

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

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

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

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

Correlation

Correlation between IIVI and HEI-A 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)

IIVI vs HEI-A dividend yield comparison.

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