Ipg Photonics Corp. IPGP
Semiconductors · IPO 2006 · data as of November 13, 2026
Ipg Photonics Corp. (IPGP) is a technology company listed in the US with a market value of about $2.9B. In the twelve months to September 30, 2026 it had revenue of $1.1B and net income of $40M, a net margin of 3.6%.
Its overall Stock Analiz score is 1.8 out of 5 (weak). The strongest part is financial health (5/5); the weakest is value (0/5).
Key numbers: a P/E of 72.1, a price to free cash flow of 82.3, 5-year revenue growth of -4% a year, a 5-year average ROIC of 3%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 48% below the current price.
Score: 1.8 / 5
Checks passed
- Profit margin improving
- Strong R&D investment or growth above 20%
- More cash than debt, or low debt to equity
- Positive free cash flow
- Interest covered more than 5 times
- Debt below 3 years of free cash flow
- Liabilities below 60% of assets
- Share count down over 3 years (buybacks)
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $977M | $1.3B | $1.4B | $1.5B | $1.2B | $1.3B | $1.5B | $1.4B | $1.0B |
| Net income | $40M | $31M | -$182M | $219M | $110M | $278M | $160M | $180M | $404M | $348M | $261M |
| Free cash flow | $35M | -$3M | $149M | $186M | $103M | $267M | $198M | $190M | $233M | $279M | $171M |
| EPS (diluted) | $0.94 | $0.73 | $-4.09 | $4.63 | $2.16 | $5.16 | $2.97 | $3.35 | $7.38 | $6.36 | $4.85 |
| Net margin | 3.6% | 3.1% | -18.6% | 17.0% | 7.7% | 19.1% | 13.3% | 13.7% | 27.7% | 24.7% | 25.9% |
| ROIC | — | 0.4% | -8.1% | 7.6% | 4.2% | 10.0% | 5.8% | 6.9% | 17.6% | 16.8% | 16.2% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 7 analysts is $106.43, 57% above the current price; targets range from $78.00 to $135.00; the consensus rating is “Buy”; expected EPS is $1.92 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Ipg Photonics’s P/E ratio?
About 72.1, based on the last twelve months of diluted earnings per share (forward P/E about 32.8).
Is Ipg Photonics stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 48% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Ipg Photonics pay a dividend?
Not currently.
Is Ipg Photonics a good stock to buy?
We do not give buy or sell advice. Ipg Photonics scores 1.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.