XNASIPGP
Market cap3.30bUSD
Dec 26, Last price
76.41USD
1D
0.10%
1Q
2.03%
Jan 2017
-22.59%
IPO
203.82%
Name
IPG Photonics Corp
Chart & Performance
Profile
IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. The company's laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories. It also provides erbium-doped fiber and Raman amplifiers, and integrated communications systems, which are deployed in broadband networks; and ytterbium and thulium specialty fiber amplifiers and broadband light sources. In addition, the company offers integrated laser systems; 2D compact flat sheet cutter systems and multi-axis systems; welding seam stepper and picker, a fiber laser welding tool; high precision laser systems; specialized fiber laser systems; and optical transceiver and transponder modules for interconnecting electronic equipment, including Ethernet switches, IP routers and DWDM/SONET/SDH optical transport modules within telecommunications, cable multi-system operators, and data center networking applications. It's lasers and amplifiers are also used in materials processing, communications, and medical and advanced applications. The company 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. IPG Photonics Corporation was founded in 1990 and is headquartered in Oxford, Massachusetts.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 1,287,439 -9.94% | 1,429,547 -2.14% | 1,460,860 21.66% | |||||||
Cost of revenue | 1,055,873 | 1,198,144 | 1,108,097 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 231,566 | 231,403 | 352,763 | |||||||
NOPBT Margin | 17.99% | 16.19% | 24.15% | |||||||
Operating Taxes | 55,997 | 72,589 | 88,615 | |||||||
Tax Rate | 24.18% | 31.37% | 25.12% | |||||||
NOPAT | 175,569 | 158,814 | 264,148 | |||||||
Net income | 218,878 99.14% | 109,909 -60.52% | 278,416 74.48% | |||||||
Dividends | ||||||||||
Dividend yield | ||||||||||
Proceeds from repurchase of equity | (223,496) | (493,923) | (118,631) | |||||||
BB yield | 4.35% | 10.25% | 1.28% | |||||||
Debt | ||||||||||
Debt current | 4,597 | 16,031 | 18,126 | |||||||
Long-term debt | 31,925 | 22,021 | 21,485 | |||||||
Deferred revenue | 83,274 | (75,334) | ||||||||
Other long-term liabilities | 53,480 | (100,061) | 75,334 | |||||||
Net debt | (1,140,959) | (1,139,729) | (1,474,894) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 295,986 | 212,649 | 389,700 | |||||||
CAPEX | (110,483) | (110,141) | (123,108) | |||||||
Cash from investing activities | (237,554) | 296,952 | (416,282) | |||||||
Cash from financing activities | (236,380) | (514,549) | (125,066) | |||||||
FCF | 131,213 | 205,294 | 201,842 | |||||||
Balance | ||||||||||
Cash | 1,177,481 | 1,177,583 | 1,514,505 | |||||||
Long term investments | 198 | |||||||||
Excess cash | 1,113,109 | 1,106,304 | 1,441,462 | |||||||
Stockholders' equity | 2,582,870 | 2,371,998 | 2,277,301 | |||||||
Invested Capital | 1,374,017 | 1,285,469 | 1,331,274 | |||||||
ROIC | 13.20% | 12.14% | 20.13% | |||||||
ROCE | 9.30% | 9.35% | 12.31% | |||||||
EV | ||||||||||
Common stock shares outstanding | 47,320 | 50,925 | 53,930 | |||||||
Price | 108.54 14.65% | 94.67 -45.00% | 172.14 -23.08% | |||||||
Market cap | 5,136,121 6.54% | 4,821,045 -48.07% | 9,283,549 -22.87% | |||||||
EV | 3,995,162 | 3,681,316 | 7,809,294 | |||||||
EBITDA | 301,187 | 321,967 | 449,093 | |||||||
EV/EBITDA | 13.26 | 11.43 | 17.39 | |||||||
Interest | 12,620 | 1,839 | ||||||||
Interest/NOPBT | 5.45% | 0.52% |