IPG Photonics Corporation develops and manufactures a range of high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. More Details
No risks detected for IPGP from our risk checks.
Flawless balance sheet with moderate growth potential.
Share Price & News
How has IPG Photonics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IPGP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: IPGP's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: IPGP underperformed the US Electronic industry which returned 50.6% over the past year.
Return vs Market: IPGP underperformed the US Market which returned 35.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is IPG Photonics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs The Market Rewarding IPG Photonics Corporation (NASDAQ:IPGP) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
3 weeks ago | Simply Wall StWhy IPG Photonics Corporation (NASDAQ:IPGP) Could Be Worth Watching
1 month ago | Simply Wall StWe Think IPG Photonics (NASDAQ:IPGP) Can Manage Its Debt With Ease
Is IPG Photonics undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: IPGP ($212.09) is trading above our estimate of fair value ($151.01)
Significantly Below Fair Value: IPGP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IPGP is poor value based on its PE Ratio (59.1x) compared to the US Electronic industry average (25.1x).
PE vs Market: IPGP is poor value based on its PE Ratio (59.1x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: IPGP is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: IPGP is overvalued based on its PB Ratio (4.3x) compared to the US Electronic industry average (2.8x).
How is IPG Photonics forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IPGP's forecast earnings growth (18.3% per year) is above the savings rate (2%).
Earnings vs Market: IPGP's earnings (18.3% per year) are forecast to grow faster than the US market (15.1% per year).
High Growth Earnings: IPGP's earnings are forecast to grow, but not significantly.
Revenue vs Market: IPGP's revenue (10% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: IPGP's revenue (10% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IPGP's Return on Equity is forecast to be low in 3 years time (11.6%).
How has IPG Photonics performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IPGP has high quality earnings.
Growing Profit Margin: IPGP's current net profit margins (14.7%) are higher than last year (12.9%).
Past Earnings Growth Analysis
Earnings Trend: IPGP's earnings have declined by 10.1% per year over the past 5 years.
Accelerating Growth: IPGP's earnings growth over the past year (18.5%) exceeds its 5-year average (-10.1% per year).
Earnings vs Industry: IPGP earnings growth over the past year (18.5%) underperformed the Electronic industry 20.1%.
Return on Equity
High ROE: IPGP's Return on Equity (7.3%) is considered low.
How is IPG Photonics's financial position?
Financial Position Analysis
Short Term Liabilities: IPGP's short term assets ($2.2B) exceed its short term liabilities ($214.8M).
Long Term Liabilities: IPGP's short term assets ($2.2B) exceed its long term liabilities ($127.5M).
Debt to Equity History and Analysis
Debt Level: IPGP's debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: IPGP's debt to equity ratio has reduced from 1.4% to 0.7% over the past 5 years.
Debt Coverage: IPGP's debt is well covered by operating cash flow (1656.1%).
Interest Coverage: IPGP earns more interest than it pays, so coverage of interest payments is not a concern.
What is IPG Photonics's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IPGP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IPGP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IPGP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IPGP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IPGP's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Eugene Scherbakov (73 yo)
Dr. Eugene A. Scherbakov, Ph.D., has been a Director of IPG Photonics Corporation since September 2000 and serves as Chief Executive Officer since May 4, 2021. He served as the Chief Operating Officer of I...
CEO Compensation Analysis
Compensation vs Market: Eugene's total compensation ($USD3.67M) is below average for companies of similar size in the US market ($USD11.26M).
Compensation vs Earnings: Eugene's compensation has been consistent with company performance over the past year.
Experienced Management: IPGP's management team is seasoned and experienced (9.5 years average tenure).
Experienced Board: IPGP's board of directors are considered experienced (5.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
IPG Photonics Corporation's company bio, employee growth, exchange listings and data sources
- Name: IPG Photonics Corporation
- Ticker: IPGP
- Exchange: NasdaqGS
- Founded: 1990
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: US$11.363b
- Shares outstanding: 53.58m
- Website: https://www.ipgphotonics.com
Number of Employees
- IPG Photonics Corporation
- 50 Old Webster Road
- United States
IPG Photonics Corporation develops and manufactures a range of high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. Th...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/23 02:27|
|End of Day Share Price||2021/07/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.