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IPG PhotonicsIPGP +0.94%78 EV-to-EBITDA is 39.56 as of Jul. 18, 2026, which is 154% above its 10-year median of 15.60. GuruFocus rates IPGP with a GF Score™ of 78/100 and a GF Value™ of $85.40 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 748 Semiconductors companies, IPG Photonics ranks worse than 62.57% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, IPG Photonics's enterprise value is $3,632 Mil.
IPG Photonics's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $92 Mil. Therefore, IPG Photonics's EV-to-EBITDA for today is 39.56.
The historical rank and industry rank for IPG Photonics's EV-to-EBITDA or its related term are showing as below:
IPGP'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.15 Med: 15.6 Max: 63.82
Current: 39.56
During the past 13 years, the highest EV-to-EBITDA of IPG Photonics was 63.82. The lowest was 7.15. And the median was 15.60.
IPGP's EV-to-EBITDA is ranked worse than 62.57% of 748
companies
in the Semiconductors industry
Industry Median: 26.69
vs IPGP: 39.56
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
IPG Photonics (NAS:IPGP) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
IPG Photonics's PE Ratio (TTM) for today is calculated as:
IPG Photonics's share price for today is $104.33.
IPG Photonics's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.690.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for IPG Photonics's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Semiconductor Equipment & Materials subindustry, IPG Photonics's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
IPG Photonics EV-to-EBITDA vs Semiconductors Industry
For the Semiconductors industry and Technology sector, IPG Photonics's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where IPG Photonics's EV-to-EBITDA falls into.
IPG Photonics's current Enterprise Value is $3,632 Mil.
IPG Photonics's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $92 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
IPG Photonics (IPGP) has a EV-to-EBITDA of 39.56 as of Jul. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on IPG Photonics. This is 154% above median its historical median of 15.60. Over the past decade, IPG Photonics' EV-to-EBITDA has ranged from 7.15 to 63.82. According to the industry distribution chart, IPG Photonics ranks #468 out of 748 companies in the Semiconductors industry, placing it in the top 62.6%.
Is IPG Photonics' EV-to-EBITDA too high?
IPG Photonics' current EV-to-EBITDA of 39.56 is 154% above median its 10-year median of 15.60. Over the past 10 years, this metric has ranged from a low of 7.15 to a high of 63.82. The Semiconductors industry median EV-to-EBITDA is 26.69. IPG Photonics' value of 39.56 is 48.2% above this industry median. Based on the distribution chart, IPG Photonics ranks #468 out of 748 companies in the Semiconductors industry, which is below the industry midpoint. Overall, IPG Photonics has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IPG Photonics' EV-to-EBITDA compare to AXTI and VECO?
According to the Semiconductors industry distribution chart, IPG Photonics ranks #468 out of 748 companies for EV-to-EBITDA. This places IPG Photonics in the lower half of its industry. The industry median EV-to-EBITDA is 26.69. IPG Photonics' value of 39.56 is 48.2% above this benchmark. Historically, IPG Photonics' own EV-to-EBITDA has ranged from 7.15 to 63.82 over the past decade. While the company's 10-year median is 15.60 vs. the industry median of 26.69, IPG Photonics has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Semiconductors company?
The median EV-to-EBITDA among Semiconductors companies is 26.69, based on 748 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IPG Photonics's current EV-to-EBITDA of 39.56 is 48.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on IPG Photonics. For the Semiconductors industry, the median EV-to-EBITDA is 26.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPG Photonics's current EV-to-EBITDA is 39.56, which is 154% above median its own 10-year median of 15.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPG Photonics stock overvalued right now?
Based on GuruFocus' analysis, IPG Photonics (IPGP) is currently considered Modestly Overvalued. The stock's GF Value™ is $85.40, compared to a current price of $104.33 — trading 22.2% above its estimated fair value. The current EV-to-EBITDA is 39.56, which is 154% above median its 10-year median of 15.60 and 48.2% above the Semiconductors industry median of 26.69. IPG Photonics' overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For IPG Photonics (IPGP), the current EV-to-EBITDA is 39.56 as of Jul. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is IPG Photonics (IPGP) Overvalued in 2026?
Based on GuruFocus' analysis, IPG Photonics stock appears to be overvalued.
The current stock price of $104.33 is trading 22.2% above its estimated GF Value™ of $85.40.
GuruFocus considers IPG Photonics to be Modestly Overvalued.
Key valuation signals for IPGP:
EV-to-EBITDA: 39.56 (154% above median its 10-year median of 15.60)
GF Value™: $85.40 vs. price of $104.33 (22.2% above fair value)
Industry Position: 48.2% above the Semiconductors median (#468 of 748)
No single metric tells the full story. See the IPGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IPG Photonics Corp is a vertically integrated developer and manufacturer of high-performance fiber lasers, laser and non-laser systems, fiber amplifiers, diode lasers, and related optical components. Its products are used in diverse applications in the manufacturing, automotive, industrial, aerospace, semiconductor, and consumer end markets. The company sells its products globally to original equipment manufacturers (OEMs), system integrators, and end users. Additionally, it manufactures complementary products used with its lasers, including optical delivery cables, fiber couplers, beam switches, optical processing heads, in-line sensors, and chillers. Geographically, the company generates maximum revenue from North America, followed by China, Japan, Germany, and other markets.
78GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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