Cohu, Inc., through its subsidiaries, provides semiconductor test equipment and services in the United States, Taiwan, China, Malaysia, the Philippines, Singapore, and internationally.
Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical passes the values gate
Price73.48 USD
Fair value42.80
Ethical score70.0/100
Our investment reviews on this name
2026-07-02Read Markup61.33+19.8% to today ✓
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
Cohu, Inc. holds its Markup at $73.48. Consolidating, no directional conviction, held for 51 days.
As held on the ledger · 2026-10-02
Phase
Markup
Quantitative state
Consolidating, no directional conviction, held for 51 days
Price at the screen
$73.48
Valuation
N/A trailing · 39.80 forward price to earnings
Values screen
PASS· score 70.0
Beta
1.59
The Workings
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
26.37%
Below 33%
Interest-bearing debt is just 26.4% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
20.67%
Below 33%
Cash held in interest-bearing accounts and securities is 20.7% of assets, under the one-third limit.
Pass
Receivables
27.02%
Below 49%
Money owed to the company is 27.0% of assets, under the 49% limit.
Pass
Revenue purity
1.78%
Below 5%
Only 1.8% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical Read
Why It Clears, in Plain English
Cohu, clears all five screens. Its business is in a permissible area, its interest-bearing debt is about 26%, inside the ~33% line, and interest is about 2% of its income, under the ~5% line, so it passes.
Read as at 2026-10-04. It updates when the underlying figures move, and past reads are kept below.
Fair value range in USD, drawn from the 2026-10-02 screen. The gold marker is the market price at the same screen. The price runs 41.8% above the base estimate.
Third-party analyst targets: 8 covering, consensus Strong Buy. The average target sits −5% from the screen price.
Reading the gap · Both our model and the Street see limited upside at this price.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-10-02 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Chip tester faces losses at a premium price
Picture the semiconductor cycle like a tide that lifts every boat one year and strands most of them the next. Cohu supplies the test gear that checks chips before they reach phones and cars, yet the company is losing money with a negative twelve percent profit margin and negative seven percent return on equity. Revenue grew twenty nine percent, but the shares still trade at thirty four point six times forward earnings, well above our fair value of thirty seven dollars forty nine against a current price of fifty one dollars nineteen.
We pass. The ethical screen is clear, yet the valuation leaves no margin of safety and the business sits in a sector where equipment demand can swing sharply with each new chip generation. Analyst targets sit higher, but those forecasts often peak right when orders roll over.
The real risk is the classic cyclical trap. Strong top line growth today can mask how quickly margins compress when foundries cut spending, leaving investors holding expensive shares with no earnings buffer. Analysis, not advice.
The risks · The things to watch: it already moves more than the market on an average day.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
COHU trades on Nasdaq. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-10-02Markup$60.62+14.6%Entry 6
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 14.6% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B. Technically it is holding around 88% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 183%. Our forward projection puts the odds of a 10% gain over the next month near 32%. The street (7 analysts) rates it none, with a mean price target of $57. Since the last review it its composite score eased.
2026-08-25Markup$52.88+3.3%Entry 5
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 3.3% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B. Technically it is holding around 88% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 183%. Our forward projection puts the odds of a 10% gain over the next month near 32%. The street (7 analysts) rates it none, with a mean price target of $57.
2026-07-25Markup$51.19-16.5%Entry 4
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 16.5% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 88% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 183%. Our forward projection puts the odds of a 10% gain over the next month near 32%. The street (7 analysts) rates it none, with a mean price target of $57.
2026-07-18Markup$61.33+0.0%Entry 3
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 88% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 183%. Our forward projection puts the odds of a 10% gain over the next month near 32%. The street (7 analysts) rates it none, with a mean price target of $57.
2026-07-03Markup$61.33+0.0%Entry 2
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
2026-07-02Markup$61.33Entry 1
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
