Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, IPG Photonics's Enterprise Value is $3,759 Mil.
IPG Photonics's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $24 Mil. Therefore, IPG Photonics's EV-to-EBIT ratio for today is 154.16.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, IPG Photonics's Enterprise Value is $3,759 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 ratio for today is 40.95.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, IPG Photonics's Enterprise Value is $3,759 Mil.
IPG Photonics's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $1,041 Mil. Therefore, IPG Photonics's EV-to-Revenue ratio for today is 3.61.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, IPG Photonics's Enterprise Value is $3,759 Mil.
IPG Photonics's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-14 Mil. Therefore, IPG Photonics's EV-to-FCF ratio for today is -271.32.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
IPG Photonics (NAS:IPGP) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
IPG Photonics's current Enterprise Value is $3,759 Mil.
IPG Photonics's EBIT 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 $24 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
IPG Photonics's current Enterprise Value is $3,759 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.
IPG Photonics's current Enterprise Value is $3,759 Mil.
IPG Photonics's Revenue 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 $1,041 Mil.
IPG Photonics's current Enterprise Value is $3,759 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.
IPG Photonics's current Enterprise Value is $3,759 Mil.
IPG Photonics's Free Cash Flow 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 $-14 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 Enterprise Value Related Terms
IPG Photonics Enterprise Value Historical Data
* Premium members only.
The historical data trend for IPG Photonics's Enterprise Value 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.
IPGP vs ACLS, KLIC, UCTT: Enterprise Value Comparison
For the Semiconductor Equipment & Materials subindustry, IPG Photonics's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Semiconductors Industry
For the Semiconductors industry and Technology sector, IPG Photonics's Enterprise Value distribution charts can be found below:
* The bar in red indicates where IPG Photonics's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
IPG Photonics's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Enterprise Value of $3,759 Mil as of Jun. 26, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on IPG Photonics and its competitors.
Is IPG Photonics' Enterprise Value too high?
IPG Photonics' current Enterprise Value is $3,759 Mil. Overall, IPG Photonics has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IPG Photonics' Enterprise Value compare to ACLS and KLIC?
IPG Photonics' Enterprise Value of $3,759 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Semiconductors company?
A good Enterprise Value depends on the Semiconductors industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on IPG Photonics and its competitors. IPG Photonics's current Enterprise Value is $3,759 Mil. 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 $84.97, compared to a current price of $107.34 — trading 26.3% above its estimated fair value. The current Enterprise Value is $3,759 Mil. IPG Photonics' overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For IPG Photonics (IPGP), the current Enterprise Value is $3,759 Mil as of Jun. 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 $107.34 is trading 26.3% above its estimated GF Value™ of $84.97.
GuruFocus considers IPG Photonics to be Modestly Overvalued.
Key valuation signals for IPGP:
Enterprise Value: $3,759 Mil
GF Value™: $84.97 vs. price of $107.34 (26.3% above fair value)
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.
79GF Score
Get the complete analysis for IPGP
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