IPGPIPG Photonics Corporation
Is the price fair?
A demanding price: priced for +39% a year vs −8% a year delivered, at the top of its own P/E range, and rich vs its sector.
Priced for ~39% a year FCF growth. The price already bakes in strong, sustained growth.
Expensive vs its own history: P/E 120.4 vs a 32.5 median over 37 quarters (+270% vs median).
Sector median 30.5× across 203 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.
What IPGP's price assumes
IPG Photonics Corporation trades at 120× earnings against 53.4× for the median Semiconductor Equipment & Materials name, more expensive than its own group.
Trailing P/E · Semiconductor Equipment & Materials median 53.4 · 2.25× the median: the market pays up for this one
- Price / sales
- 4.66
Price / sales · today's price, fiscal year to Dec 31, 2025
- Free cash flow yield
- 0.44%
Free cash flow yield · Semiconductor Equipment & Materials median 1.2%
- Growth the price implies
- +39%
Growth the price implies · The price pays for +39% free cash flow growth a year for a decade; the business has delivered −43% a year over the last three.
Details›
- Price / booktoday's price, fiscal year to Dec 31, 2025
- 2.20
- EV / EBIToperating margin 0.75%: the multiple describes the denominator
- not meaningful
- EV / salestoday's price, fiscal year to Dec 31, 2025
- 3.82
- Technology median P/E459 names
- 37.7
- Semiconductor Equipment & Materials median P/E24 names
- 53.4
- Free cash flow, trailing twelve months
- $21M
- Market capitalisation
- $4.68B
- 3-year revenue growth
- −7.9%
- 3-year free cash flow growth
- −43%
| Method | Per share |
|---|---|
| What its own history would imply | not meaningful, 120× today against a 32.5× median |
| 52-week range | $70.75 – $153.91 |
| Today | $78.24 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Semiconductor Equipment & Materials
Ranks #9 of 18 by RyuScore