81.45 USD
-0.47 (-0.57%)
81.45 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 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.
In the past year IPGP had a positive cash flow from operations.
Of the past 5 years IPGP 4 years were profitable.
Each year in the past 5 years IPGP had a positive operating cash flow.
1.2 Ratios
IPGP's Return On Assets of 1.08% is in line compared to the rest of the industry. IPGP outperforms 49.60% of its industry peers.
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 48.80% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for IPGP is below the industry average of 9.26%.
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 line with its industry, outperforming 59.20% of the companies in the same industry.
IPGP has a Operating Margin of 3.22%. This is comparable to the rest of the industry: IPGP outperforms 56.80% of its industry peers.
In the last couple of years the Operating Margin of IPGP has declined.
With a decent Gross Margin value of 38.68%, IPGP is doing good in the industry, outperforming 64.80% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so IPGP is destroying value.
IPGP has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, IPGP has less shares outstanding
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 10.06. This indicates that IPGP is financially healthy and has little risk of bankruptcy at the moment.
IPGP's Altman-Z score of 10.06 is amongst the best of the industry. IPGP outperforms 87.20% 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 | 0 | ||
| Altman-Z | 10.06 |
ROIC/WACC0.13
WACC8.96%
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 better Current ratio (6.72) than 85.60% of its industry peers.
IPGP has a Quick Ratio of 5.20. This indicates that IPGP is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 5.20, IPGP belongs to the best of the industry, outperforming 84.80% of the companies in the same industry.
| 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.
IPGP shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -19.50% yearly.
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
IPGP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.02% yearly.
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
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
With a Price/Earnings ratio of 133.52, IPGP can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of IPGP is on the same level as its industry peers.
IPGP's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.34.
IPGP is valuated quite expensively with a Price/Forward Earnings ratio of 55.38.
IPGP's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.56, IPGP is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 133.52 | ||
| Fwd PE | 55.38 |
4.2 Price Multiples
IPGP's Enterprise Value to EBITDA is on the same level as the industry average.
IPGP's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 94.65 | ||
| EV/EBITDA | 21.96 |
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
IPGP does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
81.45
-0.47 (-0.57%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners71.06%
Inst Owner Change-0.55%
Ins Owners6.4%
Ins Owner Change-2.77%
Market Cap3.43B
Revenue(TTM)963.64M
Net Income(TTM)25.64M
Analysts77.65
Price Target95.37 (17.09%)
Short Float %9.45%
Short Ratio9.93
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)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)12.88%
PT rev (3m)16.58%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-16.98%
EPS NY rev (1m)-5.97%
EPS NY rev (3m)-8.42%
Revenue NQ rev (1m)0.3%
Revenue NQ rev (3m)1.75%
Revenue NY rev (1m)1.56%
Revenue NY rev (3m)1.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 133.52 | ||
| Fwd PE | 55.38 | ||
| P/S | 3.56 | ||
| P/FCF | 94.65 | ||
| P/OCF | 28.51 | ||
| P/B | 1.63 | ||
| P/tB | 1.73 | ||
| EV/EBITDA | 21.96 |
EPS(TTM)0.61
EY0.75%
EPS(NY)1.47
Fwd EY1.81%
FCF(TTM)0.86
FCFY1.06%
OCF(TTM)2.86
OCFY3.51%
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 | 10.06 |
F-Score7
WACC8.96%
ROIC/WACC0.13
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.
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 4 / 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 133.52 and the Price/Book (PB) ratio is 1.63.
Can you provide the financial health for IPGP stock?
The financial health rating of IPG PHOTONICS CORP (IPGP) is 9 / 10.