76.14 USD
+0.39 (+0.51%)
76.14 USD
0 (0%)
Overall IPGP gets a fundamental rating of 5 out of 10. We evaluated IPGP against 125 industry peers in the Electronic Equipment, Instruments & Components industry. IPGP is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. IPGP has a expensive valuation and it also scores bad on growth.
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
Looking at the Return On Assets, with a value of 1.08%, IPGP is in line with its industry, outperforming 50.81% of the companies in the same industry.
The Return On Equity of IPGP (1.22%) is comparable to the rest of the industry.
With a Return On Invested Capital value of 1.14%, IPGP perfoms like the industry average, outperforming 48.39% of the companies in the same industry.
IPGP had an Average Return On Invested Capital over the past 3 years of 5.15%. This is below the industry average of 8.82%.
The 3 year average ROIC (5.15%) for IPGP is well above the current ROIC(1.14%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.08% | ||
| ROE | 1.22% | ||
| ROIC | 1.14% |
ROA(3y)1.4%
ROA(5y)3.68%
ROE(3y)1.57%
ROE(5y)4.2%
ROIC(3y)5.15%
ROIC(5y)6.41%
1.3 Margins
Looking at the Profit Margin, with a value of 2.66%, IPGP is in the better half of the industry, outperforming 60.48% of the companies in the same industry.
IPGP has a Operating Margin (3.22%) which is comparable to the rest of the industry.
IPGP's Operating Margin has declined in the last couple of years.
IPGP has a Gross Margin of 38.68%. This is in the better half of the industry: IPGP outperforms 65.32% of its industry peers.
IPGP's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.22% | ||
| PM (TTM) | 2.66% | ||
| GM | 38.68% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), IPGP is destroying value.
IPGP has less shares outstanding than it did 1 year ago.
The number of shares outstanding for IPGP has been reduced compared to 5 years ago.
There is no outstanding debt for IPGP. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
IPGP has an Altman-Z score of 9.58. This indicates that IPGP is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of IPGP (9.58) is better than 85.48% 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 | 0 | ||
| Altman-Z | 9.58 |
ROIC/WACC0.12
WACC9.31%
2.3 Liquidity
IPGP has a Current Ratio of 6.72. This indicates that IPGP is financially healthy and has no problem in meeting its short term obligations.
IPGP has a Current ratio of 6.72. This is amongst the best in the industry. IPGP outperforms 84.68% of its industry peers.
A Quick Ratio of 5.20 indicates that IPGP has no problem at all paying its short term obligations.
The Quick ratio of IPGP (5.20) is better than 84.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.72 | ||
| Quick Ratio | 5.2 |
3. Growth
3.1 Past
The earnings per share for IPGP have decreased strongly by -71.63% in the last year.
The earnings per share for IPGP have been decreasing by -19.50% on average. This is quite bad
IPGP shows a decrease in Revenue. In the last year, the revenue decreased by -7.49%.
IPGP shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -5.76% yearly.
EPS 1Y (TTM)-71.63%
EPS 3Y-34.65%
EPS 5Y-19.5%
EPS Q2Q%-37.93%
Revenue 1Y (TTM)-7.49%
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 15.02% on average per year.
IPGP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.48% yearly.
EPS Next Y-55.92%
EPS Next 2Y1.07%
EPS Next 3Y15.02%
EPS Next 5YN/A
Revenue Next Year0.35%
Revenue Next 2Y3.39%
Revenue Next 3Y5.43%
Revenue Next 5Y7.48%
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.
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
The Price/Earnings ratio is 124.82, which means the current valuation is very expensive for IPGP.
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 27.19.
With a Price/Forward Earnings ratio of 51.77, IPGP can be considered very expensive at the moment.
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 23.92. IPGP is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 124.82 | ||
| Fwd PE | 51.77 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IPGP is valued a bit cheaper than the industry average as 63.71% of the companies are valued more expensively.
IPGP's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 88.48 | ||
| EV/EBITDA | 19.55 |
4.3 Compensation for Growth
IPGP's earnings are expected to grow with 15.02% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.07%
EPS Next 3Y15.02%
5. Dividend
5.1 Amount
No dividends for IPGP!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
76.14
+0.39 (+0.51%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners71.35%
Inst Owner Change0.26%
Ins Owners6.4%
Ins Owner Change-3.57%
Market Cap3.21B
Revenue(TTM)963.64M
Net Income(TTM)25.64M
Analysts77.65
Price Target95.37 (25.26%)
Short Float %8.83%
Short Ratio8.32
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)50.55%
Min EPS beat(2)31.14%
Max EPS beat(2)69.97%
EPS beat(4)2
Avg EPS beat(4)6.78%
Min EPS beat(4)-57.53%
Max EPS beat(4)69.97%
EPS beat(8)4
Avg EPS beat(8)7.36%
EPS beat(12)8
Avg EPS beat(12)8.53%
EPS beat(16)10
Avg EPS beat(16)9.66%
Revenue beat(2)2
Avg Revenue beat(2)4.8%
Min Revenue beat(2)2.53%
Max Revenue beat(2)7.06%
Revenue beat(4)3
Avg Revenue beat(4)2.24%
Min Revenue beat(4)-1.67%
Max Revenue beat(4)7.06%
Revenue beat(8)5
Avg Revenue beat(8)0.8%
Revenue beat(12)7
Avg Revenue beat(12)0.29%
Revenue beat(16)9
Avg Revenue beat(16)0.2%
PT rev (1m)0%
PT rev (3m)16.58%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-16.98%
EPS NY rev (1m)0%
EPS NY rev (3m)-8.57%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.75%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 124.82 | ||
| Fwd PE | 51.77 | ||
| P/S | 3.33 | ||
| P/FCF | 88.48 | ||
| P/OCF | 26.65 | ||
| P/B | 1.52 | ||
| P/tB | 1.62 | ||
| EV/EBITDA | 19.55 |
EPS(TTM)0.61
EY0.8%
EPS(NY)1.47
Fwd EY1.93%
FCF(TTM)0.86
FCFY1.13%
OCF(TTM)2.86
OCFY3.75%
SpS22.88
BVpS49.97
TBVpS47.03
PEG (NY)N/A
PEG (5Y)N/A
Graham Number26.19
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.08% | ||
| ROE | 1.22% | ||
| ROCE | 1.43% | ||
| ROIC | 1.14% | ||
| ROICexc | 1.91% | ||
| ROICexgc | 2.11% | ||
| OM | 3.22% | ||
| PM (TTM) | 2.66% | ||
| GM | 38.68% | ||
| FCFM | 3.76% |
ROA(3y)1.4%
ROA(5y)3.68%
ROE(3y)1.57%
ROE(5y)4.2%
ROIC(3y)5.15%
ROIC(5y)6.41%
ROICexc(3y)9.79%
ROICexc(5y)12.83%
ROICexgc(3y)10.36%
ROICexgc(5y)13.71%
ROCE(3y)6.46%
ROCE(5y)8.05%
ROICexgc growth 3Y-63.21%
ROICexgc growth 5Y-43.44%
ROICexc growth 3Y-63.72%
ROICexc growth 5Y-43.33%
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-Score7
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 136.44% | ||
| Cap/Sales | 8.72% | ||
| Interest Coverage | 97.71 | ||
| Cash Conversion | 129.81% | ||
| Profit Quality | 141.36% | ||
| Current Ratio | 6.72 | ||
| Quick Ratio | 5.2 | ||
| Altman-Z | 9.58 |
F-Score7
WACC9.31%
ROIC/WACC0.12
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)-71.63%
EPS 3Y-34.65%
EPS 5Y-19.5%
EPS Q2Q%-37.93%
EPS Next Y-55.92%
EPS Next 2Y1.07%
EPS Next 3Y15.02%
EPS Next 5YN/A
Revenue 1Y (TTM)-7.49%
Revenue growth 3Y-12.55%
Revenue growth 5Y-5.76%
Sales Q2Q%7.57%
Revenue Next Year0.35%
Revenue Next 2Y3.39%
Revenue Next 3Y5.43%
Revenue Next 5Y7.48%
EBIT growth 1Y3.86%
EBIT growth 3Y-65.51%
EBIT growth 5Y-45.12%
EBIT Next Year169.71%
EBIT Next 3Y43.49%
EBIT Next 5Y28.64%
FCF growth 1Y-69.97%
FCF growth 3Y-17.56%
FCF growth 5Y-4.7%
OCF growth 1Y-48.03%
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 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 124.82 and the Price/Book (PB) ratio is 1.52.
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%.