Cohu Inc
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 s… Read more
Cohu Inc (COHU) - Net Assets
Latest net assets as of December 2025: $785.54 Million USD
Based on the latest financial reports, Cohu Inc (COHU) has net assets worth $785.54 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.24 Billion) and total liabilities ($457.44 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $785.54 Million |
| % of Total Assets | 63.2% |
| Annual Growth Rate | 10.55% |
| 5-Year Change | -10.99% |
| 10-Year Change | 233.61% |
| Growth Volatility | 20.99 |
Cohu Inc - Net Assets Trend (1985–2025)
This chart illustrates how Cohu Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cohu Inc (1985–2025)
The table below shows the annual net assets of Cohu Inc from 1985 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $785.54 Million | -8.33% |
| 2024-12-31 | $856.89 Million | -9.82% |
| 2023-12-31 | $950.17 Million | +2.30% |
| 2022-12-31 | $928.84 Million | +5.25% |
| 2021-12-31 | $882.50 Million | +72.27% |
| 2020-12-31 | $512.29 Million | +6.05% |
| 2019-12-31 | $483.07 Million | -11.52% |
| 2018-12-31 | $545.94 Million | +88.85% |
| 2017-12-31 | $289.09 Million | +22.77% |
| 2016-12-31 | $235.47 Million | -1.12% |
| 2015-12-31 | $238.14 Million | -3.61% |
| 2014-12-31 | $247.07 Million | -2.41% |
| 2013-12-31 | $253.16 Million | -9.88% |
| 2012-12-31 | $280.90 Million | -3.48% |
| 2011-12-31 | $291.03 Million | +5.94% |
| 2010-12-31 | $274.73 Million | +6.79% |
| 2009-12-31 | $257.25 Million | -9.91% |
| 2008-12-31 | $285.54 Million | +0.73% |
| 2007-12-31 | $283.47 Million | +4.37% |
| 2006-12-31 | $271.59 Million | +8.58% |
| 2005-12-31 | $250.12 Million | +20.19% |
| 2004-12-31 | $208.11 Million | +8.26% |
| 2003-12-31 | $192.23 Million | +1.12% |
| 2002-12-31 | $190.09 Million | -0.23% |
| 2001-12-31 | $190.53 Million | -3.69% |
| 2000-12-31 | $197.84 Million | +21.82% |
| 1999-12-31 | $162.40 Million | +18.11% |
| 1998-12-31 | $137.50 Million | +8.95% |
| 1997-12-31 | $126.20 Million | +31.05% |
| 1996-12-31 | $96.30 Million | +33.75% |
| 1995-12-31 | $72.00 Million | +51.90% |
| 1994-12-31 | $47.40 Million | +41.07% |
| 1993-12-31 | $33.60 Million | +22.18% |
| 1992-12-31 | $27.50 Million | +9.56% |
| 1991-12-31 | $25.10 Million | +9.13% |
| 1990-12-31 | $23.00 Million | +10.05% |
| 1989-12-31 | $20.90 Million | +11.76% |
| 1988-12-31 | $18.70 Million | +17.61% |
| 1987-12-31 | $15.90 Million | +10.42% |
| 1986-12-31 | $14.40 Million | +1.41% |
| 1985-12-31 | $14.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cohu Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1838.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $174.47 Million | 22.21% |
| Common Stock | $49.88 Million | 6.35% |
| Other Comprehensive Income | $-32.47 Million | -4.13% |
| Other Components | $593.67 Million | 75.57% |
| Total Equity | $785.54 Million | 100.00% |
Cohu Inc Competitors by Market Cap
The table below lists competitors of Cohu Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anand Rathi Wealth Limited
NSE:ANANDRATHI
|
$1.32 Billion |
|
Suburban Propane Partners LP
NYSE:SPH
|
$1.32 Billion |
|
ULVAC Inc
PINK:ULVAF
|
$1.32 Billion |
|
Shenzhen Hymson Laser Intelligent Equipments Co Ltd
SHG:688559
|
$1.32 Billion |
|
Grace Fabric Technology Co Ltd
SHG:603256
|
$1.32 Billion |
|
Payoneer Global Inc
NASDAQ:PAYO
|
$1.32 Billion |
|
Wacker Chemie AG
PINK:WKCMF
|
$1.32 Billion |
|
United States Lime & Minerals Inc
NASDAQ:USLM
|
$1.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cohu Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 856,891,000 to 785,539,000, a change of -71,352,000 (-8.3%).
- Net loss of 74,273,000 reduced equity.
- Share repurchases of 7,399,000 reduced equity.
- Other comprehensive income increased equity by 18,685,000.
- Other factors decreased equity by 8,365,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-74.27 Million | -9.46% |
| Share Repurchases | $7.40 Million | -0.94% |
| Other Comprehensive Income | $18.68 Million | +2.38% |
| Other Changes | $-8.37 Million | -1.06% |
| Total Change | $- | -8.33% |
Book Value vs Market Value Analysis
This analysis compares Cohu Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.72x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 29.27x to 1.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $0.99 | $28.88 | x |
| 1986-12-31 | $0.99 | $28.88 | x |
| 1987-12-31 | $1.09 | $28.88 | x |
| 1988-12-31 | $1.23 | $28.88 | x |
| 1989-12-31 | $1.34 | $28.88 | x |
| 1990-12-31 | $1.47 | $28.88 | x |
| 1991-12-31 | $1.58 | $28.88 | x |
| 1992-12-31 | $1.71 | $28.88 | x |
| 1993-12-31 | $2.07 | $28.88 | x |
| 1994-12-31 | $2.69 | $28.88 | x |
| 1995-12-31 | $3.76 | $28.88 | x |
| 1996-12-31 | $5.13 | $28.88 | x |
| 1997-12-31 | $6.61 | $28.88 | x |
| 1998-12-31 | $3.45 | $28.88 | x |
| 1999-12-31 | $7.92 | $28.88 | x |
| 2000-12-31 | $9.40 | $28.88 | x |
| 2001-12-31 | $9.32 | $28.88 | x |
| 2002-12-31 | $9.16 | $28.88 | x |
| 2003-12-31 | $8.89 | $28.88 | x |
| 2004-12-31 | $9.47 | $28.88 | x |
| 2005-12-31 | $11.07 | $28.88 | x |
| 2006-12-31 | $11.84 | $28.88 | x |
| 2007-12-31 | $12.18 | $28.88 | x |
| 2008-12-31 | $12.32 | $28.88 | x |
| 2009-12-31 | $10.99 | $28.88 | x |
| 2010-12-31 | $11.40 | $28.88 | x |
| 2011-12-31 | $11.88 | $28.88 | x |
| 2012-12-31 | $11.48 | $28.88 | x |
| 2013-12-31 | $10.18 | $28.88 | x |
| 2014-12-31 | $9.50 | $28.88 | x |
| 2015-12-31 | $8.89 | $28.88 | x |
| 2016-12-31 | $8.57 | $28.88 | x |
| 2017-12-31 | $10.00 | $28.88 | x |
| 2018-12-31 | $17.19 | $28.88 | x |
| 2019-12-31 | $11.74 | $28.88 | x |
| 2020-12-31 | $12.24 | $28.88 | x |
| 2021-12-31 | $18.21 | $28.88 | x |
| 2022-12-31 | $19.03 | $28.88 | x |
| 2023-12-31 | $19.78 | $28.88 | x |
| 2024-12-31 | $18.27 | $28.88 | x |
| 2025-12-31 | $16.81 | $28.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cohu Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.40%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.58x
- Recent ROE (-9.46%) is below the historical average (6.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 7.75% | 3.62% | 1.47x | 1.46x | $-320.00K |
| 1986 | 3.47% | 1.74% | 1.62x | 1.24x | $-940.00K |
| 1987 | 11.95% | 6.38% | 1.48x | 1.27x | $310.00K |
| 1988 | 14.44% | 8.04% | 1.51x | 1.19x | $830.00K |
| 1989 | 11.96% | 7.08% | 1.46x | 1.15x | $410.00K |
| 1990 | 11.74% | 6.15% | 1.57x | 1.22x | $400.00K |
| 1991 | 10.36% | 5.39% | 1.41x | 1.36x | $90.00K |
| 1992 | 11.27% | 5.70% | 1.51x | 1.31x | $350.00K |
| 1993 | 20.24% | 9.03% | 1.80x | 1.24x | $3.44 Million |
| 1994 | 21.31% | 9.83% | 1.50x | 1.44x | $5.36 Million |
| 1995 | 32.78% | 13.20% | 1.72x | 1.44x | $16.40 Million |
| 1996 | 25.13% | 15.18% | 1.35x | 1.23x | $14.57 Million |
| 1997 | 23.14% | 15.55% | 1.15x | 1.29x | $16.58 Million |
| 1998 | 8.44% | 6.76% | 1.06x | 1.18x | $-2.15 Million |
| 1999 | 15.95% | 12.40% | 0.95x | 1.36x | $9.66 Million |
| 2000 | 17.05% | 11.65% | 1.25x | 1.17x | $13.96 Million |
| 2001 | -3.39% | -5.11% | 0.57x | 1.16x | $-25.52 Million |
| 2002 | -0.46% | -0.65% | 0.61x | 1.17x | $-19.89 Million |
| 2003 | -0.02% | -0.03% | 0.63x | 1.15x | $-19.27 Million |
| 2004 | 8.03% | 9.48% | 0.70x | 1.20x | $-4.11 Million |
| 2005 | 13.58% | 14.22% | 0.78x | 1.23x | $8.96 Million |
| 2006 | 6.51% | 6.55% | 0.83x | 1.20x | $-9.48 Million |
| 2007 | 2.81% | 3.31% | 0.71x | 1.20x | $-20.37 Million |
| 2008 | -1.91% | -2.73% | 0.58x | 1.21x | $-34.00 Million |
| 2009 | -10.95% | -16.45% | 0.52x | 1.28x | $-53.89 Million |
| 2010 | 8.97% | 7.64% | 0.88x | 1.33x | $-2.83 Million |
| 2011 | 5.40% | 5.09% | 0.85x | 1.24x | $-13.38 Million |
| 2012 | -4.36% | -5.54% | 0.66x | 1.19x | $-40.33 Million |
| 2013 | -13.20% | -13.51% | 0.72x | 1.36x | $-58.73 Million |
| 2014 | 3.52% | 2.61% | 0.96x | 1.41x | $-16.00 Million |
| 2015 | 0.10% | 0.09% | 0.78x | 1.45x | $-23.56 Million |
| 2016 | 1.29% | 1.08% | 0.82x | 1.47x | $-20.51 Million |
| 2017 | 11.36% | 9.31% | 0.84x | 1.45x | $3.93 Million |
| 2018 | -5.89% | -7.12% | 0.40x | 2.08x | $-86.81 Million |
| 2019 | -14.43% | -11.95% | 0.54x | 2.23x | $-118.01 Million |
| 2020 | -2.70% | -2.18% | 0.58x | 2.13x | $-65.07 Million |
| 2021 | 18.96% | 18.86% | 0.70x | 1.43x | $79.07 Million |
| 2022 | 10.43% | 11.92% | 0.66x | 1.32x | $3.96 Million |
| 2023 | 2.96% | 4.42% | 0.55x | 1.21x | $-66.86 Million |
| 2024 | -8.15% | -17.38% | 0.40x | 1.17x | $-155.51 Million |
| 2025 | -9.46% | -16.40% | 0.36x | 1.58x | $-152.83 Million |
Industry Comparison
This section compares Cohu Inc's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $15,545,560,602
- Average return on equity (ROE) among peers: 11.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cohu Inc (COHU) | $785.54 Million | 7.75% | 0.58x | $1.32 Billion |
| Axcelis Technologies Inc (ACLS) | $205.57 Million | -8.55% | 0.37x | $2.62 Billion |
| Acm Research Inc (ACMR) | $2.48 Million | 41.49% | 16.89x | $2.51 Billion |
| Advantest Corporation (ADTTF) | $140.94 Billion | 9.19% | 0.94x | $27.29 Billion |
| Aehr Test Systems (AEHR) | $11.28 Million | -4.26% | 0.28x | $1.01 Billion |
| AEM Holdings Ltd. (AEMFF) | $211.43 Million | 46.16% | 0.59x | $164.30 Million |
| AIXTRON SE (AIXXF) | $910.07 Million | 9.37% | 0.14x | $996.24 Million |
| Applied Materials Inc (AMAT) | $254.40 Million | 20.24% | 0.71x | $278.50 Billion |
| Ambarella Inc (AMBA) | $561.41 Million | -20.86% | 0.23x | $2.14 Billion |
| Amkor Technology Inc (AMKR) | $4.00 Billion | 9.01% | 0.69x | $5.65 Billion |
| ASML Holding NV (ASMLF) | $8.37 Billion | 16.95% | 0.56x | $267.08 Billion |