IPG Photonics Corp (IPGP, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. IPG Photonics Corp is a developer and manufacturer of fiber lasers and amplifiers for diverse applications in numerous markets. The company sells its products globally to OEMs, system integrators and end users in a wide range of diverse markets. IPG Photonics Corp has a market cap of $8.36 billion; its shares were traded at around $157.83 with a P/E ratio of 21.41 and P/S ratio of 5.94. IPG Photonics Corp had annual average EBITDA growth of 27.50% over the past ten years. GuruFocus rated IPG Photonics Corp the business predictability rank of 4-star.
For the last quarter IPG Photonics Corp reported a revenue of $330.1 million, compared with the revenue of $361.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.5 billion, an increase of 3.6% from last year. For the last five years IPG Photonics Corp had an average revenue growth rate of 18.7% a year.
The reported diluted earnings per share was $7.38 for the year, an increase of 16% from previous year. Over the last five years IPG Photonics Corp had an EPS growth rate of 19.3% a year. The IPG Photonics Corp had a decent operating margin of 35.43%, compared with the operating margin of 40.14% a year before. The 10-year historical median operating margin of IPG Photonics Corp is 36.20%. The profitability rank of the company is 8 (out of 10).
At the end of the fiscal year, IPG Photonics Corp has the cash and cash equivalents of $544.4 million, compared with $909.9 million in the previous year. The long term debt was $41.7 million, compared with $45.4 million in the previous year. The interest coverage to the debt is at a comfortable level of 13.4. IPG Photonics Corp has a financial strength rank of 8 (out of 10).
At the current stock price of $157.83, IPG Photonics Corp is traded at 14.7% premium to its historical median P/S valuation band of $137.55. The P/S ratio of the stock is 5.94, while the historical median P/S ratio is 5.16. The intrinsic value of the stock is $210.10 a share, according to GuruFocus DCF Calculator. The stock lost 35.68% during the past 12 months.
For the complete 20-year historical financial data of IPGP, click here.
