IPG PHOTONICS CORP (IPGP) Stock Fundamental Analysis
USA - NASDAQ:IPGP - US44980X1090 - Common Stock
87.94 USD
-1.81 (-2.02%)
87.94 USD
0 (0%)
Taking everything into account, IPGP scores 4 out of 10 in our fundamental rating. IPGP was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. IPGP has a great financial health rating, but its profitability evaluates not so good. IPGP does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
IPGP had positive earnings in the past year.
IPGP had a positive operating cash flow in the past year.
IPGP had positive earnings in 4 of the past 5 years.
In the past 5 years IPGP always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of IPGP (-9.05%) is worse than 62.90% of its industry peers.
With a Return On Equity value of -10.24%, IPGP is not doing good in the industry: 61.29% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.05% | ||
| ROE | -10.24% | ||
| ROIC | N/A |
ROA(3y)1.4%
ROA(5y)3.68%
ROE(3y)1.57%
ROE(5y)4.2%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Operating Margin of IPGP has declined.
Looking at the Gross Margin, with a value of 34.65%, IPGP is in line with its industry, outperforming 56.45% of the companies in the same industry.
In the last couple of years the Gross Margin of IPGP has declined.
IPGP does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 34.65% |
OM growth 3Y-60.56%
OM growth 5Y-41.77%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-10.12%
GM growth 5Y-5.58%
2. Health
2.1 Basic Checks
IPGP does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for IPGP has been reduced compared to 1 year ago.
IPGP has less shares outstanding than it did 5 years ago.
IPGP has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 10.84 indicates that IPGP is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 10.84, IPGP belongs to the top of the industry, outperforming 89.52% of the companies in the same industry.
IPGP has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 10.84 |
ROIC/WACCN/A
WACC9.17%
2.3 Liquidity
A Current Ratio of 6.79 indicates that IPGP has no problem at all paying its short term obligations.
With an excellent Current ratio value of 6.79, IPGP belongs to the best of the industry, outperforming 89.52% of the companies in the same industry.
A Quick Ratio of 5.39 indicates that IPGP has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 5.39, IPGP belongs to the top of the industry, outperforming 87.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.79 | ||
| Quick Ratio | 5.39 |
3. Growth
3.1 Past
The earnings per share for IPGP have decreased strongly by -63.72% in the last year.
Measured over the past years, IPGP shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -19.50% on average per year.
The Revenue for IPGP has decreased by -24.10% in the past year. This is quite bad
IPGP shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -5.76% yearly.
EPS 1Y (TTM)-63.72%
EPS 3Y-34.65%
EPS 5Y-19.5%
EPS Q2Q%20.69%
Revenue 1Y (TTM)-24.1%
Revenue growth 3Y-12.55%
Revenue growth 5Y-5.76%
Sales Q2Q%7.57%
3.2 Future
Based on estimates for the next years, IPGP will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.39% on average per year.
Based on estimates for the next years, IPGP will show a small growth in Revenue. The Revenue will grow by 7.17% on average per year.
EPS Next Y-53.13%
EPS Next 2Y3.74%
EPS Next 3Y17.39%
EPS Next 5YN/A
Revenue Next Year-1.19%
Revenue Next 2Y3.05%
Revenue Next 3Y3.83%
Revenue Next 5Y7.17%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
IPGP is valuated quite expensively with a Price/Earnings ratio of 112.74.
IPGP's Price/Earnings is on the same level as the industry average.
IPGP's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.83.
IPGP is valuated quite expensively with a Price/Forward Earnings ratio of 56.74.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IPGP is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 32.68. IPGP is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 112.74 | ||
| Fwd PE | 56.74 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IPGP is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of IPGP is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 57.44 | ||
| EV/EBITDA | 43.17 |
4.3 Compensation for Growth
IPGP's earnings are expected to grow with 17.39% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.74%
EPS Next 3Y17.39%
5. Dividend
5.1 Amount
IPGP does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
87.94
-1.81 (-2.02%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners70.07%
Inst Owner Change0.38%
Ins Owners6.4%
Ins Owner Change-1.76%
Market Cap3.71B
Revenue(TTM)977.13M
Net Income(TTM)-215.42M
Analysts72.94
Price Target84.49 (-3.92%)
Short Float %9.16%
Short Ratio10
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.22%
Min EPS beat(2)-57.53%
Max EPS beat(2)69.97%
EPS beat(4)2
Avg EPS beat(4)11.01%
Min EPS beat(4)-57.53%
Max EPS beat(4)69.97%
EPS beat(8)4
Avg EPS beat(8)5.09%
EPS beat(12)8
Avg EPS beat(12)8.18%
EPS beat(16)10
Avg EPS beat(16)8.23%
Revenue beat(2)1
Avg Revenue beat(2)2.7%
Min Revenue beat(2)-1.67%
Max Revenue beat(2)7.06%
Revenue beat(4)3
Avg Revenue beat(4)1.68%
Min Revenue beat(4)-1.67%
Max Revenue beat(4)7.06%
Revenue beat(8)4
Avg Revenue beat(8)-0.25%
Revenue beat(12)6
Avg Revenue beat(12)-0.61%
Revenue beat(16)9
Avg Revenue beat(16)0.1%
PT rev (1m)3.28%
PT rev (3m)24.75%
EPS NQ rev (1m)-4.1%
EPS NQ rev (3m)-25.24%
EPS NY rev (1m)-2.77%
EPS NY rev (3m)-29.87%
Revenue NQ rev (1m)-0.16%
Revenue NQ rev (3m)0.66%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)2.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 112.74 | ||
| Fwd PE | 56.74 | ||
| P/S | 3.92 | ||
| P/FCF | 57.44 | ||
| P/OCF | 24.58 | ||
| P/B | 1.76 | ||
| P/tB | 1.88 | ||
| EV/EBITDA | 43.17 |
EPS(TTM)0.78
EY0.89%
EPS(NY)1.55
Fwd EY1.76%
FCF(TTM)1.53
FCFY1.74%
OCF(TTM)3.58
OCFY4.07%
SpS22.41
BVpS49.85
TBVpS46.85
PEG (NY)N/A
PEG (5Y)N/A
Graham Number29.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.05% | ||
| ROE | -10.24% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 34.65% | ||
| FCFM | 6.83% |
ROA(3y)1.4%
ROA(5y)3.68%
ROE(3y)1.57%
ROE(5y)4.2%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)6.46%
ROCE(5y)8.05%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-60.56%
OM growth 5Y-41.77%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-10.12%
GM growth 5Y-5.58%
F-Score4
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 141.45% | ||
| Cap/Sales | 9.14% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 277.64% | ||
| Profit Quality | N/A | ||
| Current Ratio | 6.79 | ||
| Quick Ratio | 5.39 | ||
| Altman-Z | 10.84 |
F-Score4
WACC9.17%
ROIC/WACCN/A
Cap/Depr(3y)146.85%
Cap/Depr(5y)132.22%
Cap/Sales(3y)8.79%
Cap/Sales(5y)8.42%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-63.72%
EPS 3Y-34.65%
EPS 5Y-19.5%
EPS Q2Q%20.69%
EPS Next Y-53.13%
EPS Next 2Y3.74%
EPS Next 3Y17.39%
EPS Next 5YN/A
Revenue 1Y (TTM)-24.1%
Revenue growth 3Y-12.55%
Revenue growth 5Y-5.76%
Sales Q2Q%7.57%
Revenue Next Year-1.19%
Revenue Next 2Y3.05%
Revenue Next 3Y3.83%
Revenue Next 5Y7.17%
EBIT growth 1Y-105.93%
EBIT growth 3Y-65.51%
EBIT growth 5Y-45.12%
EBIT Next Year158.96%
EBIT Next 3Y43.07%
EBIT Next 5Y28.3%
FCF growth 1Y-42.28%
FCF growth 3Y-17.56%
FCF growth 5Y-4.7%
OCF growth 1Y-31.73%
OCF growth 3Y-14%
OCF growth 5Y-5.18%
IPG PHOTONICS CORP / IPGP FAQ
Can you provide the ChartMill fundamental rating for IPG PHOTONICS CORP?
ChartMill assigns a fundamental rating of 4 / 10 to IPGP.
Can you provide the valuation status for IPG PHOTONICS CORP?
ChartMill assigns a valuation rating of 2 / 10 to IPG PHOTONICS CORP (IPGP). This can be considered as Overvalued.
What is the profitability of IPGP stock?
IPG PHOTONICS CORP (IPGP) has a profitability rating of 2 / 10.
What are the PE and PB ratios of IPG PHOTONICS CORP (IPGP) stock?
The Price/Earnings (PE) ratio for IPG PHOTONICS CORP (IPGP) is 112.74 and the Price/Book (PB) ratio is 1.76.
Can you provide the financial health for IPGP stock?
The financial health rating of IPG PHOTONICS CORP (IPGP) is 9 / 10.