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IPG PhotonicsIPGP -4.93%80 EV-to-OCF is 54.83 as of Jul. 26, 2026, which is 190% above its 10-year median of 18.92. GuruFocus rates IPGP with a GF Score™ of 80/100 and a GF Value™ of $85.53 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,029 Semiconductors companies, IPG Photonics ranks worse than 80.86% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, IPG Photonics's Enterprise Value is $3,094 Mil.
IPG Photonics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $56 Mil. Therefore, IPG Photonics's EV-to-OCF for today is 54.83.
The historical rank and industry rank for IPG Photonics's EV-to-OCF or its related term are showing as below:
IPGP'
s EV-to-OCF Range Over the Past 10 Years
Min: 5.94 Med: 18.92 Max: 82.69
Current: 54.83
During the past 13 years, the highest EV-to-OCF of IPG Photonics was 82.69. The lowest was 5.94. And the median was 18.92.
IPGP's EV-to-OCF is ranked worse than 80.86% of 1029
companies
in the Semiconductors industry
Industry Median: 14.46
vs IPGP: 54.83
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 $91.67.
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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
IPG Photonics EV-to-OCF Related Terms
IPG Photonics EV-to-OCF Historical Data
* Premium members only.
The historical data trend for IPG Photonics's EV-to-OCF 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-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, IPG Photonics's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where IPG Photonics's EV-to-OCF falls into.
IPG Photonics's current Enterprise Value is $3,094 Mil.
IPG Photonics's Cash Flow from Operations 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 $56 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-OCF of 54.83 as of Jul. 26, 2026. This is 190% above median its historical median of 18.92. Over the past decade, IPG Photonics' EV-to-OCF has ranged from 5.94 to 82.69. According to the industry distribution chart, IPG Photonics ranks #832 out of 1029 companies in the Semiconductors industry, placing it in the top 80.9%.
Is IPG Photonics' EV-to-OCF too high?
IPG Photonics' current EV-to-OCF of 54.83 is 190% above median its 10-year median of 18.92. Over the past 10 years, this metric has ranged from a low of 5.94 to a high of 82.69. The Semiconductors industry median EV-to-OCF is 14.46. IPG Photonics' value of 54.83 is 279.2% above this industry median. Based on the distribution chart, IPG Photonics ranks #832 out of 1029 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, IPG Photonics has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IPG Photonics' EV-to-OCF compare to AXTI and VECO?
According to the Semiconductors industry distribution chart, IPG Photonics ranks #832 out of 1029 companies for EV-to-OCF. This places IPG Photonics in the lower half of its industry. The industry median EV-to-OCF is 14.46. IPG Photonics' value of 54.83 is 279.2% above this benchmark. Historically, IPG Photonics' own EV-to-OCF has ranged from 5.94 to 82.69 over the past decade. While the company's 10-year median is 18.92 vs. the industry median of 14.46, 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-OCF for a Semiconductors company?
The median EV-to-OCF among Semiconductors companies is 14.46, based on 1,029 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IPG Photonics's current EV-to-OCF of 54.83 is 279.2% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median EV-to-OCF is 14.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPG Photonics's current EV-to-OCF is 54.83, which is 190% above median its own 10-year median of 18.92. 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 Fairly Valued. The stock's GF Value™ is $85.53, compared to a current price of $91.67 — trading 7.2% above its estimated fair value. The current EV-to-OCF is 54.83, which is 190% above median its 10-year median of 18.92 and 279.2% above the Semiconductors industry median of 14.46. IPG Photonics' overall GF Score™ is 80/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For IPG Photonics (IPGP), the current EV-to-OCF is 54.83 as of Jul. 26, 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 $91.67 is trading 7.2% above its estimated GF Value™ of $85.53.
GuruFocus considers IPG Photonics to be Fairly Valued.
Key valuation signals for IPGP:
EV-to-OCF: 54.83 (190% above median its 10-year median of 18.92)
GF Value™: $85.53 vs. price of $91.67 (7.2% above fair value)
Industry Position: 279.2% above the Semiconductors median (#832 of 1029)
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.
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