81.92 USD
-0.94 (-1.13%)
81.92 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.
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
With a Return On Assets value of 1.08%, IPGP perfoms like the industry average, outperforming 49.60% of the companies in the same industry.
IPGP has a Return On Equity (1.22%) which is in line with its industry peers.
IPGP's Return On Invested Capital of 1.14% is in line compared to the rest of the industry. IPGP outperforms 48.80% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for IPGP is below the industry average of 9.17%.
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 of 2.66%. This is comparable to the rest of the industry: IPGP outperforms 58.40% of its industry peers.
With a Operating Margin value of 3.22%, IPGP perfoms like the industry average, outperforming 56.80% of the companies in the same industry.
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 64.80% 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
IPGP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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.
IPGP has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
IPGP has an Altman-Z score of 10.19. This indicates that IPGP is financially healthy and has little risk of bankruptcy at the moment.
IPGP has a better Altman-Z score (10.19) than 88.00% 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 | 10.19 |
ROIC/WACC0.13
WACC8.92%
2.3 Liquidity
A Current Ratio of 6.72 indicates that IPGP has no problem at all paying its short term obligations.
IPGP has a Current ratio of 6.72. This is amongst the best in the industry. IPGP outperforms 88.00% 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 86.40% 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%.
Measured over the past years, IPGP shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -19.50% on average per year.
The Revenue has decreased by -7.49% in the past year.
The Revenue has been decreasing by -5.76% on average over the past years.
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 17.39% on average per year.
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-53.13%
EPS Next 2Y3.74%
EPS Next 3Y17.39%
EPS Next 5YN/A
Revenue Next Year-1.19%
Revenue Next 2Y3.05%
Revenue Next 3Y3.83%
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
With a Price/Earnings ratio of 134.30, 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.
When comparing the Price/Earnings ratio of IPGP to the average of the S&P500 Index (26.46), we can say IPGP is valued expensively.
A Price/Forward Earnings ratio of 52.86 indicates a quite expensive valuation of IPGP.
IPGP's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of IPGP to the average of the S&P500 Index (36.10), we can say IPGP is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 134.3 | ||
| Fwd PE | 52.86 |
4.2 Price Multiples
IPGP's Enterprise Value to EBITDA ratio is in line with the industry average.
IPGP's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 95.2 | ||
| EV/EBITDA | 22.61 |
4.3 Compensation for Growth
IPGP's earnings are expected to grow with 17.39% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.74%
EPS Next 3Y17.39%
5. Dividend
5.1 Amount
IPGP does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
81.92
-0.94 (-1.13%)
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-2.84%
Market Cap3.45B
Revenue(TTM)963.64M
Net Income(TTM)25.64M
Analysts77.65
Price Target95.37 (16.42%)
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)16.58%
PT rev (3m)16.58%
EPS NQ rev (1m)-14.76%
EPS NQ rev (3m)-16.98%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.6%
Revenue NQ rev (1m)1.88%
Revenue NQ rev (3m)1.75%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 134.3 | ||
| Fwd PE | 52.86 | ||
| P/S | 3.58 | ||
| P/FCF | 95.2 | ||
| P/OCF | 28.68 | ||
| P/B | 1.64 | ||
| P/tB | 1.74 | ||
| EV/EBITDA | 22.61 |
EPS(TTM)0.61
EY0.74%
EPS(NY)1.55
Fwd EY1.89%
FCF(TTM)0.86
FCFY1.05%
OCF(TTM)2.86
OCFY3.49%
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 | 10.19 |
F-Score7
WACC8.92%
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-53.13%
EPS Next 2Y3.74%
EPS Next 3Y17.39%
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 Year-1.19%
Revenue Next 2Y3.05%
Revenue Next 3Y3.83%
Revenue Next 5Y7.48%
EBIT growth 1Y3.86%
EBIT growth 3Y-65.51%
EBIT growth 5Y-45.12%
EBIT Next Year158.96%
EBIT Next 3Y43.07%
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 134.3 and the Price/Book (PB) ratio is 1.64.
Can you provide the financial health for IPGP stock?
The financial health rating of IPG PHOTONICS CORP (IPGP) is 9 / 10.