IPG PHOTONICS CORP (IPGP) Stock Fundamental Analysis
NASDAQ:IPGP • US44980X1090
131.57 USD
+2.1 (+1.62%)
At close: Feb 27, 2026
131.57 USD
0 (0%)
After Hours: 2/27/2026, 5:50:29 PM
IPGP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. IPGP has an excellent financial health rating, but there are some minor concerns on its profitability. IPGP is quite expensive at the moment. It does show a decent growth rate.
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.
- Each year in the past 5 years IPGP had a positive operating cash flow.
1.2 Ratios
- With a Return On Assets value of 1.28%, IPGP perfoms like the industry average, outperforming 54.84% of the companies in the same industry.
- IPGP has a Return On Equity (1.46%) which is in line with its industry peers.
- IPGP has a Return On Invested Capital of 0.73%. This is comparable to the rest of the industry: IPGP outperforms 48.39% of its industry peers.
- IPGP had an Average Return On Invested Capital over the past 3 years of 2.54%. This is significantly below the industry average of 8.85%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.28% | ||
| ROE | 1.46% | ||
| ROIC | 0.73% |
ROA(3y)0.49%
ROA(5y)2.85%
ROE(3y)0.52%
ROE(5y)3.26%
ROIC(3y)2.54%
ROIC(5y)4.52%
1.3 Margins
- Looking at the Profit Margin, with a value of 3.10%, IPGP is in the better half of the industry, outperforming 64.52% of the companies in the same industry.
- In the last couple of years the Profit Margin of IPGP has declined.
- IPGP has a Operating Margin (2.30%) which is comparable to the rest of the industry.
- In the last couple of years the Operating Margin of IPGP has declined.
- Looking at the Gross Margin, with a value of 38.00%, IPGP is in the better half of the industry, outperforming 63.71% of the companies in the same industry.
- IPGP's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.3% | ||
| PM (TTM) | 3.1% | ||
| GM | 38% |
OM growth 3Y-47.84%
OM growth 5Y-34.66%
PM growth 3Y-26.14%
PM growth 5Y-25.27%
GM growth 3Y-0.73%
GM growth 5Y-3.28%
2. Health
2.1 Basic Checks
- IPGP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- IPGP has less shares outstanding than it did 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
- IPGP has an Altman-Z score of 13.61. This indicates that IPGP is financially healthy and has little risk of bankruptcy at the moment.
- IPGP has a Altman-Z score of 13.61. This is amongst the best in the industry. IPGP outperforms 90.32% of its industry peers.
- 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 | N/A | ||
| Altman-Z | 13.61 |
ROIC/WACC0.08
WACC9.11%
2.3 Liquidity
- IPGP has a Current Ratio of 6.08. This indicates that IPGP is financially healthy and has no problem in meeting its short term obligations.
- IPGP has a Current ratio of 6.08. This is amongst the best in the industry. IPGP outperforms 84.68% of its industry peers.
- A Quick Ratio of 4.74 indicates that IPGP has no problem at all paying its short term obligations.
- IPGP's Quick ratio of 4.74 is amongst the best of the industry. IPGP outperforms 83.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.08 | ||
| Quick Ratio | 4.74 |
3. Growth
3.1 Past
- The earnings per share for IPGP have decreased strongly by -48.61% 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 -22.86% on average per year.
- Looking at the last year, IPGP shows a small growth in Revenue. The Revenue has grown by 2.73% in the last year.
- IPGP shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.52% yearly.
EPS 1Y (TTM)-48.61%
EPS 3Y-47.03%
EPS 5Y-22.86%
EPS Q2Q%72.22%
Revenue 1Y (TTM)2.73%
Revenue growth 3Y-11.12%
Revenue growth 5Y-3.52%
Sales Q2Q%17.13%
3.2 Future
- Based on estimates for the next years, IPGP will show a very strong growth in Earnings Per Share. The EPS will grow by 67.88% on average per year.
- The Revenue is expected to grow by 9.25% on average over the next years. This is quite good.
EPS Next Y99.53%
EPS Next 2Y67.88%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.99%
Revenue Next 2Y9.73%
Revenue Next 3Y12.41%
Revenue Next 5Y9.25%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 177.80 indicates a quite expensive valuation of IPGP.
- IPGP's Price/Earnings ratio is in line with the industry average.
- When comparing the Price/Earnings ratio of IPGP to the average of the S&P500 Index (27.10), we can say IPGP is valued expensively.
- With a Price/Forward Earnings ratio of 89.11, IPGP can be considered very expensive at the moment.
- IPGP's Price/Forward Earnings is on the same level as the industry average.
- IPGP's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.06.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 177.8 | ||
| Fwd PE | 89.11 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as IPGP.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 46.47 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- A more expensive valuation may be justified as IPGP's earnings are expected to grow with 67.88% in the coming years.
PEG (NY)1.79
PEG (5Y)N/A
EPS Next 2Y67.88%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- IPGP does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
131.57
+2.1 (+1.62%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-12 2026-02-12/bmo
Earnings (Next)05-04 2026-05-04
Inst Owners71.35%
Inst Owner Change2.58%
Ins Owners6.4%
Ins Owner Change-4.7%
Market Cap5.54B
Revenue(TTM)1.00B
Net Income(TTM)31.10M
Analysts77.65
Price Target98.35 (-25.25%)
Short Float %13%
Short Ratio7.18
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)41.93%
Min EPS beat(2)31.14%
Max EPS beat(2)52.72%
EPS beat(4)3
Avg EPS beat(4)24.08%
Min EPS beat(4)-57.53%
Max EPS beat(4)69.97%
EPS beat(8)5
Avg EPS beat(8)14.97%
EPS beat(12)8
Avg EPS beat(12)11.35%
EPS beat(16)11
Avg EPS beat(16)12.98%
Revenue beat(2)2
Avg Revenue beat(2)5.2%
Min Revenue beat(2)2.53%
Max Revenue beat(2)7.87%
Revenue beat(4)3
Avg Revenue beat(4)3.95%
Min Revenue beat(4)-1.67%
Max Revenue beat(4)7.87%
Revenue beat(8)5
Avg Revenue beat(8)1.48%
Revenue beat(12)7
Avg Revenue beat(12)0.66%
Revenue beat(16)9
Avg Revenue beat(16)0.62%
PT rev (1m)3.12%
PT rev (3m)3.12%
EPS NQ rev (1m)11%
EPS NQ rev (3m)11%
EPS NY rev (1m)0.39%
EPS NY rev (3m)-4.73%
Revenue NQ rev (1m)0.83%
Revenue NQ rev (3m)0.83%
Revenue NY rev (1m)0.94%
Revenue NY rev (3m)2.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 177.8 | ||
| Fwd PE | 89.11 | ||
| P/S | 5.52 | ||
| P/FCF | N/A | ||
| P/OCF | 73.55 | ||
| P/B | 2.6 | ||
| P/tB | 2.76 | ||
| EV/EBITDA | 46.47 |
EPS(TTM)0.74
EY0.56%
EPS(NY)1.48
Fwd EY1.12%
FCF(TTM)-0.08
FCFYN/A
OCF(TTM)1.79
OCFY1.36%
SpS23.83
BVpS50.53
TBVpS47.64
PEG (NY)1.79
PEG (5Y)N/A
Graham Number29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.28% | ||
| ROE | 1.46% | ||
| ROCE | 1.05% | ||
| ROIC | 0.73% | ||
| ROICexc | 1.18% | ||
| ROICexgc | 1.29% | ||
| OM | 2.3% | ||
| PM (TTM) | 3.1% | ||
| GM | 38% | ||
| FCFM | N/A |
ROA(3y)0.49%
ROA(5y)2.85%
ROE(3y)0.52%
ROE(5y)3.26%
ROIC(3y)2.54%
ROIC(5y)4.52%
ROICexc(3y)4.75%
ROICexc(5y)8.95%
ROICexgc(3y)5.04%
ROICexgc(5y)9.53%
ROCE(3y)3.69%
ROCE(5y)6.56%
ROICexgc growth 3Y-53.77%
ROICexgc growth 5Y-36.99%
ROICexc growth 3Y-54.33%
ROICexc growth 5Y-37.15%
OM growth 3Y-47.84%
OM growth 5Y-34.66%
PM growth 3Y-26.14%
PM growth 5Y-25.27%
GM growth 3Y-0.73%
GM growth 5Y-3.28%
F-Score7
Asset Turnover0.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 117.87% | ||
| Cap/Sales | 7.85% | ||
| Interest Coverage | 102.03 | ||
| Cash Conversion | 83.8% | ||
| Profit Quality | N/A | ||
| Current Ratio | 6.08 | ||
| Quick Ratio | 4.74 | ||
| Altman-Z | 13.61 |
F-Score7
WACC9.11%
ROIC/WACC0.08
Cap/Depr(3y)145.64%
Cap/Depr(5y)137.25%
Cap/Sales(3y)8.84%
Cap/Sales(5y)8.53%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-48.61%
EPS 3Y-47.03%
EPS 5Y-22.86%
EPS Q2Q%72.22%
EPS Next Y99.53%
EPS Next 2Y67.88%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.73%
Revenue growth 3Y-11.12%
Revenue growth 5Y-3.52%
Sales Q2Q%17.13%
Revenue Next Year7.99%
Revenue Next 2Y9.73%
Revenue Next 3Y12.41%
Revenue Next 5Y9.25%
EBIT growth 1Y59.28%
EBIT growth 3Y-53.64%
EBIT growth 5Y-36.96%
EBIT Next Year815.18%
EBIT Next 3Y146.24%
EBIT Next 5Y104.27%
FCF growth 1Y-102.31%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-69.61%
OCF growth 3Y-29.23%
OCF growth 5Y-23.38%
IPG PHOTONICS CORP / IPGP FAQ
Can you provide the ChartMill fundamental rating for IPG PHOTONICS CORP?
ChartMill assigns a fundamental rating of 5 / 10 to IPGP.
What is the valuation status of IPG PHOTONICS CORP (IPGP) stock?
ChartMill assigns a valuation rating of 2 / 10 to IPG PHOTONICS CORP (IPGP). This can be considered as Overvalued.
Can you provide the profitability details for IPG PHOTONICS CORP?
IPG PHOTONICS CORP (IPGP) has a profitability rating of 4 / 10.
What is the valuation of IPG PHOTONICS CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for IPG PHOTONICS CORP (IPGP) is 177.8 and the Price/Book (PB) ratio is 2.6.
How sustainable is the dividend of IPG PHOTONICS CORP (IPGP) stock?
The dividend rating of IPG PHOTONICS CORP (IPGP) is 0 / 10 and the dividend payout ratio is 0%.