IIVI vs MTB

Comparison between Coherent Corp (IIVI, Company) and M & T Bank Corp (MTB, Company).

IIVI vs MTB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IIVI(COMPANY)	MTB(COMPANY)
Market Cap	$31B	$31B
Max Drawdown	67.60%	75.55%
Sharpe Ratio	0.29	0.61
5Y Beta	N/A	0.91
Industry	N/A	Banks - Regional
P/E Ratio	-119.98	11.96
Forward P/E	N/A	11.03
PEG Ratio	N/A	0.93
Dividend Yield	N/A	2.84%
5Y Dividends CAGR	N/A	12.76%
5Y EPS CAGR	N/A	4.55%
Debt to Equity	86.41%	68.02%
Free Cash Flow Yield	0.63%	10.76%
P/S Ratio	6.05	N/A
P/B Ratio	6.26	N/A

Market Cap

IIVI

$31B

Winner

MTB

$31B

Max Drawdown

Winner

IIVI

67.60%

MTB

75.55%

Sharpe Ratio

IIVI

0.29

Winner

MTB

0.61

5Y Beta

IIVI

N/A

MTB

0.91

Industry

IIVI

N/A

MTB

Banks - Regional

P/E Ratio

Winner

IIVI

-119.98

MTB

11.96

Forward P/E

IIVI

N/A

MTB

11.03

PEG Ratio

IIVI

N/A

MTB

0.93

Dividend Yield

IIVI

N/A

MTB

2.84%

5Y Dividends CAGR

IIVI

N/A

MTB

12.76%

5Y EPS CAGR

IIVI

N/A

MTB

4.55%

Debt to Equity

IIVI

86.41%

Winner

MTB

68.02%

Free Cash Flow Yield

IIVI

0.63%

Winner

MTB

10.76%

P/S Ratio

IIVI

6.05

MTB

N/A

P/B Ratio

IIVI

6.26

MTB

N/A

IIVI vs MTB - Historical Returns

Returns include dividend reinvestment.

Period	IIVI	MTB
1 month	+29.74%	-4.22%
3 months	+33.75%	-8.89%
6 months	+46.52%	+16.84%
1 year	+12.73%	+16.70%
5 years(CAGR)	N/A	+9.03%
10 years(CAGR)	N/A	+9.21%
Max(CAGR)	+8.75%	+8.40%

Winner

IIVI

+29.74%

MTB

-4.22%

Winner

IIVI

+33.75%

MTB

-8.89%

Winner

IIVI

+46.52%

MTB

+16.84%

IIVI

+12.73%

Winner

MTB

+16.70%

5Y(CAGR)

IIVI

N/A

MTB

+9.03%

10Y(CAGR)

IIVI

N/A

MTB

+9.21%

Max(CAGR)

Winner

IIVI

+8.75%

MTB

+8.40%

IIVI vs MTB - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IIVI	MTB
2026	N/A	+3.83%
2025	N/A	+10.48%
2024	N/A	+39.71%
2023	+44.29%	-1.61%
2022	-41.99%	-5.85%
2021	-7.49%	+24.76%
2020	+59.15%	-22.69%
2019	N/A	+20.18%
2018	N/A	-14.69%
2017	N/A	+11.15%
2016	N/A	+36.28%
2015	N/A	-1.12%
2014	N/A	+11.72%
2013	N/A	+18.22%
2012	N/A	+30.33%
2011	N/A	-10.03%
2010	N/A	+34.50%
2009	N/A	+23.24%
2008	N/A	-25.55%
2007	N/A	-31.82%
2006	N/A	+12.19%
2005	N/A	+4.73%
2004	N/A	+12.23%
2003	N/A	+22.06%
2002	N/A	+10.99%
2001	N/A	+13.92%
2000	N/A	+69.50%
1999	N/A	-16.09%

IIVI vs MTB 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 MTB was -73.52%, occurring on Mar 5, 2009. Recovery took 1428 trading sessions.

The current IIVI drawdown is -35.99%. The current MTB drawdown is -10.99%.

Rank	IIVI	MTB
#1	-63.56% Feb 11, 2021 - May 16, 2023	-73.52% Feb 20, 2007 - Oct 17, 2012
#2	-25.73% Aug 12, 2020 - Nov 5, 2020	-52.97% Mar 9, 2018 - Jan 7, 2022
#3	-8.76% Jan 22, 2021 - Feb 9, 2021	-40.69% Sep 12, 2022 - Sep 19, 2024
#4	-5.95% Jul 6, 2020 - Jul 21, 2020	-28.19% Nov 25, 2024 - Jan 8, 2026
#5	-5.12% Dec 24, 2020 - Jan 5, 2021	-26.75% Nov 2, 1999 - Aug 4, 2000
#6	-3.19% Dec 8, 2020 - Dec 15, 2020	-23.95% May 17, 2002 - May 30, 2003
#7	-2.07% Jul 21, 2020 - Jul 31, 2020	-23.47% Jul 22, 2015 - Nov 9, 2016
#8	-1.34% Jan 7, 2021 - Jan 11, 2021	-19.77% Jul 20, 2001 - Mar 14, 2002
#9	-1.27% Dec 15, 2020 - Dec 17, 2020	-18.02% Feb 16, 2022 - Aug 10, 2022
#10	-0.92% Dec 18, 2020 - Dec 22, 2020	-16.99% Feb 6, 2026 - Mar 19, 2026
#11	-0.69% Aug 7, 2020 - Aug 12, 2020	-16.08% Mar 1, 2017 - Dec 1, 2017
#12	-0.66% Jan 19, 2021 - Jan 21, 2021	-15.04% Dec 30, 2003 - Aug 18, 2004
#13	-0.65% Jan 14, 2021 - Jan 19, 2021	-13.61% Jan 14, 2022 - Feb 16, 2022
#14	-0.55% Jan 5, 2021 - Jan 7, 2021	-12.43% Mar 7, 2001 - Mar 30, 2001
#15	-0.52% Nov 11, 2020 - Nov 13, 2020	-12.30% Dec 5, 2014 - Mar 20, 2015

Correlation

Correlation between IIVI and MTB is 0.07 which considered as a very weak or no correlation - the stocks move independently of each other.

0.07

-101

Dividend Comparison (1999 - 2026)

IIVI vs MTB dividend yield comparison.

Year	IIVI	MTB
2026	0.00%	0.71%
2025	0.00%	3.24%
2024	0.00%	2.85%
2023	2.64%	3.79%
2022	7.50%	3.31%
2021	4.24%	2.93%
2020	1.81%	3.46%
2019	0.00%	2.42%
2018	0.00%	2.48%
2017	0.00%	1.75%
2016	0.00%	1.79%
2015	0.00%	2.31%
2014	0.00%	2.23%
2013	0.00%	2.41%
2012	0.00%	2.84%
2011	0.00%	3.67%
2010	0.00%	3.22%
2009	0.00%	4.19%
2008	0.00%	4.88%
2007	0.00%	3.19%
2006	0.00%	1.84%
2005	0.00%	1.60%
2004	0.00%	1.48%
2003	0.00%	1.22%
2002	0.00%	1.32%
2001	0.00%	1.37%
2000	0.00%	0.92%
1999	0.00%	0.30%