Cohort plc (COHTF) fair value: what the stock is really worth
As of Sep 25, 2026: fair value of Cohort plc $18.36, price $16.47, upside +11.5%, quality 47 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
21‑month range $12.12 – $19.64 · fair‑value band $12.85 – $23.87 · the $16.47 price screens below the $18.36 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
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Cohort plc provides various products and services in defense, security, and related markets in the United Kingdom, Germany, Portugal, Australia, North and South America, Asia Pacific, Africa, and other European countries. It operates through Communications and Intelligence; and Sensors and Effectors segments.
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Cohort plc provides various products and services in defense, security, and related markets in the United Kingdom, Germany, Portugal, Australia, North and South America, Asia Pacific, Africa, and other European countries. It operates through Communications and Intelligence; and Sensors and Effectors segments. The company offers chess dynamic, a surveillance and fire control which provides bespoke solutions for land and maritime domains; and combat systems. It also provides integrated command, control, and communications systems for warships and submarines; tactical radio, vehicle intercoms, field communications, and networking software and equipment; sonar systems and underwater communications; and electronic and surveillance technology services. In addition, the company offers training and simulation; digital forensics; research, advice, and support services; sonar, radar, and visual for land and sea domains; and intelligent transport systems. It offers its products and services for customers in the cyber and information, land, maritime, joint and strategic, air and space, and other markets. Cohort plc was incorporated in 2006 and is headquartered in Reading, the United Kingdom.
Stock analysis
Cohort plc (COHTF) currently trades at $16.47, while our model-based Fair Value estimate is $18.36, implying the stock looks roughly 10.3% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $23.47 per share, and 11 of the 26 models we run sit above the $16.47 price.
Bear case: the Dividend Discount group reads lowest at $2.39, and 15 of the 26 models stay below the price. Evidence for this calculation is high.
Scenario range: $12.85 (bear) to $23.87 (bull), the price of $16.47 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 47/100 (below-average quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Cohort plc reported revenue of £270M in FY2025 versus £143M in FY2021, a compound +17.2%/yr. Reported net income was £19.2M in FY2025, compounding +37.0%/yr from FY2021.
Key figures
Market cap $749M · P/E ratio 31.1 · P/S ratio 2.21 · EPS (TTM) $0.5300 · Dividend yield 1.0% · Net margin 7.1% · Return on equity 13.5% · Return on assets (EBIT) 6.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).
What moves the price
The share trades about 16% below its 52-week high and 36% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −24% fair-value upside, at 12%, COHTF screens cheaper than that median.
Fair Value models
Bear $12.85Fair Value $18.36Bull $23.87
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 12 months old). Earnings retained since then ($0.3610 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+33.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+25.2%
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+31.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+30.9%
Dividend (yield on the price)1.0%
Profit margin 2021 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.6% → 10%
2025 sits 52% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+4.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+7.8%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in GBP, UK: IMF forecast 2.3% a year to 2030, 3.3% from 2016 to 2025) that is about +1.9% a year for the price and +5.4% for the forecasts.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Aerospace & Defense · 227 stocks
Beats the industry median on 7/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score47 · Below median
Fair Value upside−64.3% · Below median
Profitability
Return on equity (TTM)13.5% · Above median
Return on assets4.4% · Above median
Net margin (TTM)6.5% · Below median
Operating margin (TTM)5.8% · Below median
Growth and dividend
Revenue growth8.9% · Below median
Dividend yield (TTM)1.0% · Above median
Balance sheet
Debt / equity0.20× · Above median
Valuation Multiplesvs Aerospace & Defense median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Cohort plc Fair Value". https://www.fairvalue-calculator.com/stock/COHTF
Frequently asked questions
Is Cohort plc (COHTF) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of $18.36 versus the last price from Sep 25, 2026 of $16.47, about +12% upside (undervalued).
What is the fair value of COHTF?
Our model-based fair value for Cohort plc is $18.36 (as of Sep 24, 2026), built from audited fundamentals. Last price (from Sep 25, 2026): $16.47.
What is the quality score of COHTF?
Cohort plc has a Quality Score of 47/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Cohort plc (COHTF)?
Our model-based price target is the fair value of $18.36 (as of Sep 24, 2026) from 26 valuation models. Cautious scenario $12.85, optimistic scenario $23.87. It is a calculation from audited fundamentals, not an analyst target.
What is the Cohort plc stock forecast for 2026?
Our models put fair value at $18.36, about +12% upside versus the last price from Sep 25, 2026 of $16.47 (undervalued). Cautious scenario $12.85, optimistic scenario $23.87. The calculation is refreshed regularly with new filings.
What is the revenue of Cohort plc (COHTF)?
Cohort plc reported trailing-twelve-month revenue of about £281M (latest available figure, as of Sep 24, 2026).
Does Cohort plc pay a dividend?
Cohort plc currently shows a dividend yield of about 1.03% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Cohort plc (COHTF)?
For today's price to be fair in a discounted-cash-flow model, Cohort plc would have to grow free cash flow by +4.2 % per year for five years (discount rate 9.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 4 years revenue grew +17.2 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of COHTF use?
Our models discount Cohort plc at 9.8 %: a base by market capitalisation (small), damped by beta 0.34, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Cohort plc that is +4.2 % per year a year over ten years, using the same discount rate (9.8 %) and the same formula as our fair value.
How much growth has Cohort plc (COHTF) delivered so far?
Over the past 4 years revenue at Cohort plc grew +17.2 % a year. The price currently implies +4.2 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Cohort plc (COHTF) growing?
The median revenue growth in the sector is +7.3 % a year. That is the yardstick for the growth priced into Cohort plc (+4.2 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Cohort plc (COHTF)?
The free-cash-flow yield on the price is 6.72 %: that much free cash flow Cohort plc produces per unit of market value. When it exceeds the discount rate of our models (9.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Cohort plc (COHTF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Cohort plc it is $18.36 per share (as of Sep 24, 2026), against a price of $16.47. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Cohort plc stock overvalued or undervalued in 2026?
As of Sep 24, 2026, COHTF trades below its calculated fair value: price $16.47, fair value $18.36, a gap of about +12% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of COHTF?
No. The price is what the market pays today ($16.47); the fair value is what the company's own numbers justify ($18.36). For Cohort plc the two are $1.90 per share apart. That gap is exactly why we show both numbers side by side.
How much is Cohort plc worth?
The market values Cohort plc at about $749M (market capitalisation, as of Sep 24, 2026). Per share that is $16.47; our models calculate a fair value of $18.36 per share.
What do the bullish and bearish scenarios say about COHTF?
Our models span a range for Cohort plc: cautious scenario $12.85, base $18.36, optimistic $23.87 per share (as of Sep 24, 2026, price $16.47). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of COHTF?
Cohort plc trades at a price-to-earnings ratio of 31.1 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $18.36 is built from several models across several years. Other multiples: P/B 3.6, P/S 2.0, EV/EBITDA 15.8.
How solid is the balance sheet of Cohort plc (COHTF)?
Balance-sheet figures for Cohort plc (as of Sep 24, 2026): return on equity 13.5%, debt of 0.20 per unit of equity. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is COHTF from its 52-week high?
Cohort plc trades at $16.47, about 16% below its 52-week high of $19.64 and 36% above the low of $12.12 (as of Sep 25, 2026). Distance from the high says nothing about value: that is what the fair value of $18.36 is for.
Which stocks are comparable to Cohort plc?
From the same area (Industrials) we also value General Electric Company, RTX Corporation, Airbus SE, Lockheed Martin Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Cohort plc stock attractive at the current price?
The data as of Sep 24, 2026: price $16.47, calculated fair value $18.36 (+12%), Quality Score 47/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of COHTF calculated?
We run Cohort plc through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $18.36, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Cohort plc currently trades 10 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Cohort plc (COHTF)?
The latest price we hold is from Sep 25, 2026 and stands at $16.47. Our model-based fair value is $18.36, about +12% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Cohort plc right now?
A fairly wide model range ($12.85 to $23.87) leaves room in how you read the outcome. The price sits in the lower half of our model range, the side with the larger margin of safety. The data supports the verdict: every model runs on fully documented inputs.
Key figures of Cohort plc
How large is the market capitalisation of Cohort plc (COHTF)?
The market capitalisation of Cohort plc is $749M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Cohort plc (COHTF)?
The price-to-sales ratio of Cohort plc is 2.21 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Cohort plc (COHTF)?
Earnings per share at Cohort plc are $0.5300 (price ÷ EPS = P/E 31.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Cohort plc (COHTF)?
The dividend yield of Cohort plc is 1.0% (payout 31.9%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Cohort plc (COHTF)?
The net margin of Cohort plc is 7.1% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Cohort plc (COHTF)?
The return on equity (ROE) of Cohort plc is 13.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Cohort plc (COHTF)?
On an EBIT basis the return on assets of Cohort plc is 6.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Cohort plc (COHTF)?
The operating margin of Cohort plc is 5.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Cohort plc (COHTF)?
Revenue at Cohort plc is growing +8.9% versus a year earlier (3y avg +25.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Cohort plc (COHTF)?
Earnings per share at Cohort plc are growing −24.2% versus a year earlier. How much earnings per share grew versus a year earlier.
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Broad data
Sep 24, 2026