IPG Photonics Corporation (IPGP)
合理估值基本面
52
价格
$84.80
市值
$3.32B
第一部分 · 这家公司值多少
概览
IPG Photonics Corporation develops, manufactures, and sells fiber lasers, fiber amplifiers, diode lasers, and laser-based systems used in materials processing, medical, and advanced applications. The company offers laser products, including hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; and high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers, as well as other versions. It also provides complementary products, such as optical fiber delivery cables, fiber couplers, beam switches, optical processing heads, process measuring and monitoring technologies, and in-line sensors and chillers. In addition, the company offers LightWELD, a handheld laser welding system; 2D compact flat sheet cutter systems; high precision laser systems for medical technology industry; multi axis Cartesian systems for fine welding, cutting, and drilling applications; laser and non-laser robotic welding and automation solutions; and related accessories for specific medical applications. The company sells and markets its products to original equipment manufacturers, system integrators, and end users through direct sales force, as well as through agreements with independent sales representatives and distributors. It serves general manufacturing, automotive, consumer goods, medical devices, energy/renewable energy, micro electronics, original equipment manufacturers instrument manufacturing, scientific, as well as aerospace and defense, rail, and shipbuilding markets. IPG Photonics Corporation was founded in 1990 and is headquartered in Marlborough, Massachusetts.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated on 2026年9月18日 with claude-haiku-4-5 — shared with all users
Named by IPG in its 10-K, Coherent offers a broad range of fiber and solid-state lasers for industrial materials processing, competing for the same cutting, welding and marking applications.
Named by IPG in its 10-K, Lumentum's commercial lasers unit sells fiber and ultrafast sources for marking, micro-machining and precision materials processing, the same buyers IPG targets.
Named by IPG in its 10-K, the German family-owned group sells high-power industrial lasers and laser cutting and welding machines to the same metal-fabrication and automotive customers IPG supplies.
Named by IPG in its 10-K, Raycus is the leading Chinese fiber laser maker and takes share from IPG in China by selling comparable kilowatt-class sources at markedly lower prices.
Named by IPG in its 10-K, nLIGHT builds its own semiconductor and fiber lasers and competes directly in industrial cutting and welding as well as in defense-directed energy programmes.
Named by IPG in its 10-K, the Shenzhen manufacturer competes head-on in entry- and mid-power fiber laser sources sold to cutting and marking machine builders in Asia and, increasingly, Europe.
资产负债表与流动性
营收
$1.07B
最近12个月（截至2026/6/30）
净利润
$28M
最近12个月（截至2026/6/30）
自由现金流
$-3M
股东权益合计
$2.13B
负债合计
$296M
流动比率
6.18
利息覆盖率
-
债务/EBITDA
0.20
每股收益
营收与净利润
自由现金流
收入构成
历史财务表
利润率变化
债务变化
债务负担有多重
增长一览表
增长 — 营业收入
公允价值估算
公允价值
$71.03
当前价格
$84.80
安全边际
-19.4%
公允价值区间
$46.17 - $95.89
所用估值方法之间的离散区间，并非经过统计校准的置信区间。
估算方法
估值指标
市盈率（P/E）
130.72
ROE
1.5%
市净率（P/B）
1.67
P/FCF
171.10
毛利率
38.4%
ROIC
0.3%
盈利能力雷达图
价值创造（经济护城河）
ROIC
0.3%
WACC
9.9%
ROIC − WACC
-9.6 pp
ROIC 低于资本成本：公司每投入一美元都在毁灭价值。
基本面分析标准
通过（14）
- EPS shows upward trend
- EPS CAGR 11.95%
- Gross Margin 38.4%
- P/B Ratio 1.67
- Debt/Equity ratio
- Positive Free Cash Flow
- Current Ratio
- Debt/EBITDA
- Low reliance on intangibles
- Analyst Consensus 71% Buy
- Earnings Quality (OCF/NI) 3.50
- Share Dilution -4.0%
- Net Margin Trend 2.6% vs -22.8%
- Piotroski F-Score 6/9
未通过（11）
- Price CAGR -2.43%
- ROIC 0.3%
- P/FCF 171.10
- Operating Margin 0.7%
- CapEx intensity
- Return on Tangible Assets
- Price below Graham Number
- DCF valuation (Overvalued)
- ROE 1.3%
- Revenue Growth 5Y -3.5%
- Earnings Surprise avg -17.7%
不可用（3）
- Dividend Payout NaN%
- Interest Coverage
- PEG Ratio (need PE > 0 and growth > 0)
Piotroski F-评分
信号混杂：部分领域需关注
盈利质量
高质量：盈利有现金流支撑
股权稀释
正在回购股份，对股东友好
机构持股
公司治理
管理团队
| 姓名 | 职位 | 年龄 |
|---|---|---|
| Dr. Mark Milton Gitin Ph.D. | CEO & Director | 58 |
| Mr. Timothy P. V. Mammen | Senior VP & CFO | 55 |
| Dr. Paulus Bucher Ph.D. | Senior Vice President of Global Operations | 58 |
| Mr. Angelo P. Lopresti II, J.D. | Senior VP, General Counsel & Secretary | 61 |
| Mr. Trevor D. Ness | Senior Vice President & Chief Revenue Officer | 52 |
| Ms. Mary E. Buttarazzi | VP, Corporate Controller, Chief Accounting Officer & Principal Accounting Officer | 49 |
| Dr. Igor Samartsev Ph.D. | Senior VP & Chief Scientist | 62 |
| Mr. Eugene Fedotoff | Senior Director of Investor Relations | - |
| Ms. Jennifer Kartono | Senior VP & Chief Human Resources Officer | 55 |
| Dr. Eugene A. Scherbakov Ph.D. | Director & Advisor | 77 |
审计风险
5
董事会风险
2
薪酬风险
9
股东权利风险
2
第二部分 · 价格与买入时机
这一部分不判断公司是否值得拥有：它帮助你在基本面说服你之后，选择何时买入。包含：技术分析、潜力、历史回撤、Gamma 敞口。
损益历史
via SEC EDGAR
Latest News
Recent headlines for IPGP, sourced from Markets Gazette.
- 3/6/2026POSITIVEHow IPG Photonics Stock Gained 42% Last Month
IPG Photonics Corporation (IPGP) experienced a significant surge of 42% in its stock price last month, outperforming analyst expectations. This substantial gain indicates strong positive market sentiment and potentially reflects robust operational performance or favorable market conditions for the company's products. Investors are likely reacting to news that suggests a brighter future outlook for the company, possibly related to increased demand for its fiber laser technology or successful product innovations. The impressive monthly performance suggests that IPG Photonics is a company to watch for continued growth.
via Markets Gazette