72.92 USD
-2.26 (-3.01%)
72.92 USD
0 (0%)
Taking everything into account, IPGP scores 5 out of 10 in our fundamental rating. IPGP was compared to 124 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
In the past year IPGP was profitable.
IPGP had a positive operating cash flow in the past year.
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 (1.08%) which is in line with its industry peers.
IPGP has a Return On Equity of 1.22%. This is comparable to the rest of the industry: IPGP outperforms 48.39% of its industry peers.
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.
Measured over the past 3 years, the Average Return On Invested Capital for IPGP is below the industry average of 9.30%.
The last Return On Invested Capital (1.14%) for IPGP is well below the 3 year average (5.15%), which needs to be investigated, but indicates that IPGP had better years and this may not be a problem.
| 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
IPGP has a Profit Margin (2.66%) which is comparable to the rest of the industry.
IPGP has a Operating Margin (3.22%) which is in line with its industry peers.
IPGP's Operating Margin has declined in the last couple of years.
IPGP's Gross Margin of 38.68% is fine compared to the rest of the industry. IPGP outperforms 65.32% of its industry peers.
In the last couple of years the Gross Margin of IPGP has declined.
| 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 9.28. This indicates that IPGP is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of IPGP (9.28) is better than 87.10% 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 | 9.28 |
ROIC/WACC0.13
WACC9.07%
2.3 Liquidity
A Current Ratio of 6.72 indicates that IPGP has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 6.72, IPGP belongs to the top of the industry, outperforming 84.68% of the companies in the same industry.
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.
Looking at the Quick ratio, with a value of 5.20, IPGP belongs to the top of the industry, outperforming 84.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.72 | ||
| Quick Ratio | 5.2 |
3. Growth
3.1 Past
IPGP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -71.63%.
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
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.
Based on estimates for the next years, IPGP will show a small growth in Revenue. The Revenue will grow by 7.48% on average per year.
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
A Price/Earnings ratio of 119.54 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 (26.84), we can say IPGP is valued expensively.
A Price/Forward Earnings ratio of 49.58 indicates a quite expensive valuation of IPGP.
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 23.40, IPGP is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 119.54 | ||
| Fwd PE | 49.58 |
4.2 Price Multiples
IPGP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. IPGP is cheaper than 64.52% of the companies in the same industry.
IPGP's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 84.74 | ||
| EV/EBITDA | 18.09 |
4.3 Compensation for Growth
A more expensive valuation may be justified as IPGP's earnings are expected to grow with 15.02% in the coming years.
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% |
72.92
-2.26 (-3.01%)
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-3.25%
Market Cap3.07B
Revenue(TTM)963.64M
Net Income(TTM)25.64M
Analysts77.65
Price Target95.37 (30.79%)
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)-5.97%
EPS NY rev (3m)-8.57%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.75%
Revenue NY rev (1m)1.56%
Revenue NY rev (3m)1.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 119.54 | ||
| Fwd PE | 49.58 | ||
| P/S | 3.19 | ||
| P/FCF | 84.74 | ||
| P/OCF | 25.53 | ||
| P/B | 1.46 | ||
| P/tB | 1.55 | ||
| EV/EBITDA | 18.09 |
EPS(TTM)0.61
EY0.84%
EPS(NY)1.47
Fwd EY2.02%
FCF(TTM)0.86
FCFY1.18%
OCF(TTM)2.86
OCFY3.92%
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 | 9.28 |
F-Score7
WACC9.07%
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 119.54 and the Price/Book (PB) ratio is 1.46.
Can you provide the financial health for IPGP stock?
The financial health rating of IPG PHOTONICS CORP (IPGP) is 9 / 10.