IPG PHOTONICS CORP (IPGP) Stock Fundamental Analysis

NASDAQ:IPGP • US44980X1090

130.03 USD
-8.25 (-5.97%)
At close: Feb 19, 2026
130.03 USD
0 (0%)
After Hours: 2/19/2026, 8:08:53 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to IPGP. IPGP was compared to 122 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 valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

4

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.
IPGP Yearly Net Income VS EBIT VS OCF VS FCFIPGP Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 1.28%, IPGP is in line with its industry, outperforming 54.10% of the companies in the same industry.
  • The Return On Equity of IPGP (1.46%) is comparable to the rest of the industry.
  • IPGP has a Return On Invested Capital (0.73%) which is comparable to the rest of the industry.
  • IPGP had an Average Return On Invested Capital over the past 3 years of 2.54%. This is significantly below the industry average of 8.80%.
Industry RankSector 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%
IPGP Yearly ROA, ROE, ROICIPGP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5 10 15

1.3 Margins

  • IPGP has a better Profit Margin (3.10%) than 63.93% 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 53.28% of the companies in the same industry.
  • IPGP's Operating Margin has declined in the last couple of years.
  • IPGP has a Gross Margin of 38.00%. This is in the better half of the industry: IPGP outperforms 63.11% of its industry peers.
  • IPGP's Gross Margin has declined in the last couple of years.
Industry RankSector 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%
IPGP Yearly Profit, Operating, Gross MarginsIPGP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

9

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.
  • Compared to 1 year ago, IPGP has less shares outstanding
  • 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.
IPGP Yearly Shares OutstandingIPGP Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M 50M
IPGP Yearly Total Debt VS Total AssetsIPGP Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • An Altman-Z score of 14.36 indicates that IPGP is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of IPGP (14.36) is better than 91.80% 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 RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 14.36
ROIC/WACC0.08
WACC9.5%
IPGP Yearly LT Debt VS Equity VS FCFIPGP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B 2B 2.5B

2.3 Liquidity

  • A Current Ratio of 6.08 indicates that IPGP has no problem at all paying its short term obligations.
  • The Current ratio of IPGP (6.08) is better than 84.43% of its industry peers.
  • A Quick Ratio of 4.74 indicates that IPGP has no problem at all paying its short term obligations.
  • IPGP has a Quick ratio of 4.74. This is amongst the best in the industry. IPGP outperforms 83.61% of its industry peers.
Industry RankSector Rank
Current Ratio 6.08
Quick Ratio 4.74
IPGP Yearly Current Assets VS Current LiabilitesIPGP Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

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.
  • Looking at the last year, IPGP shows a small growth in Revenue. The Revenue has grown by 2.73% in the last year.
  • Measured over the past years, IPGP shows a decrease in Revenue. The Revenue has been decreasing by -3.52% on average per year.
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
  • 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.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
IPGP Yearly Revenue VS EstimatesIPGP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B
IPGP Yearly EPS VS EstimatesIPGP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 -2 4 6

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 175.72, which means the current valuation is very expensive for IPGP.
  • IPGP's Price/Earnings is on the same level as the industry average.
  • When comparing the Price/Earnings ratio of IPGP to the average of the S&P500 Index (27.09), we can say IPGP is valued expensively.
  • IPGP is valuated quite expensively with a Price/Forward Earnings ratio of 88.07.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of IPGP is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.98, IPGP is valued quite expensively.
Industry RankSector Rank
PE 175.72
Fwd PE 88.07
IPGP Price Earnings VS Forward Price EarningsIPGP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150

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.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 50.6
IPGP Per share dataIPGP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40 50

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)1.77
PEG (5Y)N/A
EPS Next 2Y67.88%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for IPGP!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

IPG PHOTONICS CORP

NASDAQ:IPGP (2/19/2026, 8:08:53 PM)

After market: 130.03 0 (0%)

130.03

-8.25 (-5.97%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-12
Earnings (Next)05-04
Inst Owners71.35%
Inst Owner Change2.68%
Ins Owners6.4%
Ins Owner Change-4.56%
Market Cap5.48B
Revenue(TTM)1.00B
Net Income(TTM)31.10M
Analysts77.65
Price Target98.35 (-24.36%)
Short Float %13%
Short Ratio7.18
Dividend
Industry RankSector 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)16.4%
EPS NQ rev (1m)3.17%
EPS NQ rev (3m)3.17%
EPS NY rev (1m)0.2%
EPS NY rev (3m)-5.78%
Revenue NQ rev (1m)0.7%
Revenue NQ rev (3m)1.01%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)1.89%
Valuation
Industry RankSector Rank
PE 175.72
Fwd PE 88.07
P/S 5.46
P/FCF N/A
P/OCF 72.69
P/B 2.57
P/tB 2.73
EV/EBITDA 50.6
EPS(TTM)0.74
EY0.57%
EPS(NY)1.48
Fwd EY1.14%
FCF(TTM)-0.08
FCFYN/A
OCF(TTM)1.79
OCFY1.38%
SpS23.83
BVpS50.53
TBVpS47.64
PEG (NY)1.77
PEG (5Y)N/A
Graham Number29
Profitability
Industry RankSector 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 RankSector 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 14.36
F-Score7
WACC9.5%
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 175.72 and the Price/Book (PB) ratio is 2.57.


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%.