IPG Photonics Corp
NASDAQ:IPGP

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IPG Photonics Corp
NASDAQ:IPGP
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Price: 71.6 USD -1.69% Market Closed
Market Cap: 3B USD

Relative Value

The Relative Value of one IPGP stock under the Base Case scenario is 61.89 USD. Compared to the current market price of 71.6 USD, IPG Photonics Corp is Overvalued by 14%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

IPGP Relative Value
Base Case
61.89 USD
Overvaluation 14%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
79
vs Industry
30
Median 3Y
3.3
Median 5Y
3.6
Industry
2
Forward
3
vs History
4
vs Industry
32
Median 3Y
22.5
Median 5Y
28.9
Industry
25.1
Forward
112.8
vs History
25
vs Industry
40
Median 3Y
17.6
Median 5Y
20.6
Industry
16.6
vs History
4
vs Industry
29
Median 3Y
38.1
Median 5Y
36.6
Industry
22.9
vs History
88
vs Industry
56
Median 3Y
1.7
Median 5Y
1.9
Industry
2.3
vs History
80
vs Industry
40
Median 3Y
2.4
Median 5Y
2.7
Industry
2.1
Forward
2.2
vs History
74
vs Industry
50
Median 3Y
6.4
Median 5Y
7
Industry
8.3
vs History
30
vs Industry
22
Median 3Y
14.3
Median 5Y
14.9
Industry
16.7
Forward
16.5
vs History
19
vs Industry
4
Median 3Y
20
Median 5Y
20.8
Industry
20.7
Forward
131.7
vs History
38
vs Industry
48
Median 3Y
13
Median 5Y
15.1
Industry
16.5
vs History
4
vs Industry
31
Median 3Y
23.6
Median 5Y
26.6
Industry
19.6
vs History
90
vs Industry
46
Median 3Y
1.9
Median 5Y
2.3
Industry
1.8

Multiples Across Competitors

IPGP Competitors Multiples
IPG Photonics Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
IPG Photonics Corp
NASDAQ:IPGP
3B USD 3.1 117.6 23.1 69
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
1.2T CNY 1.6 40.3 36.5 36.5
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
3.2T TWD 0.4 16.9 13.1 18.3
CH
TE Connectivity Ltd
NYSE:TEL
67B USD 3.9 36.4 16.7 20.9
CA
Celestica Inc
TSX:CLS
46.7B CAD 3 47.5 34.8 41.7
US
Jabil Inc
NYSE:JBL
24.5B USD 0.8 34.9 11.1 16.6
SG
Flex Ltd
NASDAQ:FLEX
22.8B USD 0.9 26.1 11.8 16.9
KY
Fabrinet
NYSE:FN
16.3B USD 4.5 46.5 38.5 44.7
CN
Goertek Inc
SZSE:002241
98.7B CNY 1 34 34.6 34.6
TW
FIH Mobile Ltd
F:FW3
11.5B EUR 2.3 776.9 100 100
US
Fabrinet
SWB:FAN
8.7B EUR 2.9 29.3 23.4 27.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
IPG Photonics Corp
NASDAQ:IPGP
Average EV/EBITDA: 31.2
23.1
33%
0.7
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
36.5
51%
0.7
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
13.1
19%
0.7
CH
TE Connectivity Ltd
NYSE:TEL
16.7
11%
1.5
CA
Celestica Inc
TSX:CLS
34.8
37%
0.9
US
Jabil Inc
NYSE:JBL
11.1
15%
0.7
SG
Flex Ltd
NASDAQ:FLEX
11.8
13%
0.9
KY
Fabrinet
NYSE:FN
38.5
28%
1.4
CN
Goertek Inc
SZSE:002241
34.6
44%
0.8
TW
FIH Mobile Ltd
F:FW3
100
N/A N/A
US
F
Fabrinet
SWB:FAN
23.4
28%
0.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
IPG Photonics Corp
NASDAQ:IPGP
Average EV/EBIT: 38.8
69
84%
0.8
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
36.5
47%
0.8
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
18.3
23%
0.8
CH
TE Connectivity Ltd
NYSE:TEL
20.9
14%
1.5
CA
Celestica Inc
TSX:CLS
41.7
43%
1
US
Jabil Inc
NYSE:JBL
16.6
17%
1
SG
Flex Ltd
NASDAQ:FLEX
16.9
17%
1
KY
Fabrinet
NYSE:FN
44.7
28%
1.6
CN
Goertek Inc
SZSE:002241
34.6
25%
1.4
TW
FIH Mobile Ltd
F:FW3
100
N/A N/A
US
F
Fabrinet
SWB:FAN
27.1
28%
1