IPG PHOTONICS CORP (IPGP) Stock Fundamental Analysis
NASDAQ:IPGP • US44980X1090
131.7 USD
-2.88 (-2.14%)
At close: Feb 24, 2026
131.7 USD
0 (0%)
After Hours: 2/24/2026, 5:20:02 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. While IPGP has a great health rating, its profitability is only average at the moment. While showing a medium growth rate, IPGP is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
- In the past year IPGP was profitable.
- In the past year IPGP had a positive cash flow from operations.
- 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
- IPGP has a Return On Assets (1.28%) which is in line with its industry peers.
- IPGP has a Return On Equity (1.46%) which is in line with its industry peers.
- The Return On Invested Capital of IPGP (0.73%) is comparable to the rest of the industry.
- Measured over the past 3 years, the Average Return On Invested Capital for IPGP is significantly below the industry average of 8.82%.
| 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
- IPGP's Profit Margin of 3.10% is fine compared to the rest of the industry. IPGP outperforms 64.52% of its industry peers.
- In the last couple of years the Profit Margin of IPGP has declined.
- With a Operating Margin value of 2.30%, IPGP perfoms like the industry average, outperforming 54.03% of the companies in the same 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
- 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.
- IPGP has less shares outstanding than it did 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 14.05. This indicates that IPGP is financially healthy and has little risk of bankruptcy at the moment.
- IPGP's Altman-Z score of 14.05 is amongst the best of the industry. IPGP outperforms 91.13% of its industry peers.
- 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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 14.05 |
ROIC/WACC0.08
WACC9.17%
2.3 Liquidity
- A Current Ratio of 6.08 indicates that IPGP has no problem at all paying 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.
- IPGP has a Quick Ratio of 4.74. This indicates that IPGP is financially healthy and has no problem in meeting its short term obligations.
- The Quick ratio of IPGP (4.74) is better than 83.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.08 | ||
| Quick Ratio | 4.74 |
3. Growth
3.1 Past
- IPGP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -48.61%.
- IPGP shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -22.86% yearly.
- IPGP shows a small growth in Revenue. In the last year, the Revenue has grown by 2.73%.
- The Revenue has been decreasing by -3.52% on average over the past years.
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
- The Earnings Per Share is expected to grow by 67.88% on average over the next years. This is a very strong growth
- IPGP is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.25% yearly.
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
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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
- Based on the Price/Earnings ratio of 177.97, the valuation of IPGP can be described as expensive.
- IPGP's Price/Earnings ratio is in line with the industry average.
- The average S&P500 Price/Earnings ratio is at 26.64. IPGP is valued rather expensively when compared to this.
- With a Price/Forward Earnings ratio of 89.20, IPGP can be considered very expensive at the moment.
- The rest of the industry has a similar Price/Forward Earnings ratio as IPGP.
- The average S&P500 Price/Forward Earnings ratio is at 27.75. IPGP is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 177.97 | ||
| Fwd PE | 89.2 |
4.2 Price Multiples
- IPGP's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 48.87 |
4.3 Compensation for Growth
- IPGP's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- IPGP's earnings are expected to grow with 67.88% in the coming years. This may justify a more expensive valuation.
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% |
131.7
-2.88 (-2.14%)
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 Cap5.55B
Revenue(TTM)1.00B
Net Income(TTM)31.10M
Analysts77.65
Price Target98.35 (-25.32%)
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 | 177.97 | ||
| Fwd PE | 89.2 | ||
| P/S | 5.53 | ||
| P/FCF | N/A | ||
| P/OCF | 73.63 | ||
| P/B | 2.61 | ||
| P/tB | 2.76 | ||
| EV/EBITDA | 48.87 |
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 | 14.05 |
F-Score7
WACC9.17%
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 177.97 and the Price/Book (PB) ratio is 2.61.
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%.