The machining of thin-walled components made from 00Cr17Ni14Mo2 stainless steel presents challenges primarily due to elevated cutting temperatures and significant cutting forces, which can impede the attainment of precise machining specifications. The choice of tool coating materials, a critical determinant of both cutting temperature and cutting force, plays a vital role in this context. This study conducts a comparative analysis of the cutting forces and temperatures associated with five different coated tools, evaluated under varied cutting speeds and depths. Additionally, a cutting simulation model is developed to identify the most effective coated tool. Findings reveal that utilizing CBN-coated tools for processing 00Cr17Ni14Mo2 stainless steel thin-walled parts results in a 27.5% reduction in cutting temperature and an 18.7% decrease in cutting force, as opposed to uncoated tools, thereby significantly improving the machining accuracy of the components.