Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). IPG Photonics's share price for the quarter that ended in Mar. 2026 was €93.76. IPG Photonics's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 42.4 Mil. Therefore, IPG Photonics's market cap for the quarter that ended in Mar. 2026 was €3,979.5 Mil.
IPG Photonics's quarterly market cap
declined
from Sep. 2025 (€2,799.3 Mil) to Dec. 2025 (€2,574.8 Mil) but then
increased
from Dec. 2025 (€2,574.8 Mil) to Mar. 2026 (€3,979.5 Mil).
IPG Photonics's annual market cap
declined
from Dec. 2023 (€4,577.4 Mil) to Dec. 2024 (€2,956.3 Mil) and
declined
from Dec. 2024 (€2,956.3 Mil) to Dec. 2025 (€2,574.8 Mil).
Enterprise Value is 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 and cash equivalents. IPG Photonics's Enterprise Value for Today is €3,318.7 Mil.
IPG Photonics (FRA:IPF) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
IPG Photonics Market Cap Related Terms
IPG Photonics Market Cap Historical Data
* Premium members only.
The historical data trend for IPG Photonics's Market Cap 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.
FRA:IPF vs ACLS, KLIC, UCTT: Market Cap Comparison
For the Semiconductor Equipment & Materials subindustry, IPG Photonics's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Semiconductors Industry
For the Semiconductors industry and Technology sector, IPG Photonics's Market Cap distribution charts can be found below:
* The bar in red indicates where IPG Photonics's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
IPG Photonics's Market Cap 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 (FRA:IPF) has a Market Cap of €4,018.8 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on IPG Photonics and its competitors. According to the industry distribution chart, IPG Photonics ranks #207 out of 1034 companies in the Semiconductors industry, placing it in the top 20%.
Is IPG Photonics' Market Cap too high?
IPG Photonics' current Market Cap is €4,018.8 Mil. Based on the distribution chart, IPG Photonics ranks #207 out of 1034 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. 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' Market Cap compare to ACLS and KLIC?
According to the Semiconductors industry distribution chart, IPG Photonics ranks #207 out of 1034 companies for Market Cap. This places IPG Photonics in the top 20% of its industry — outperforming the majority of peers. The industry median Market Cap is 548.73. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Semiconductors company?
The median Market Cap among Semiconductors companies is 548.73, based on 1,034 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on IPG Photonics and its competitors. For the Semiconductors industry, the median Market Cap is 548.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPG Photonics's current Market Cap is €4,018.8 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 (FRA:IPF) is currently considered Modestly Overvalued. The stock's GF Value™ is €74.51, compared to a current price of €94.50 — trading 26.8% above its estimated fair value. The current Market Cap is €4,018.8 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For IPG Photonics (FRA:IPF), the current Market Cap is €4,018.8 Mil as of Jun. 25, 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 (FRA:IPF) Overvalued in 2026?
Based on GuruFocus' analysis, IPG Photonics stock appears to be overvalued.
The current stock price of €94.50 is trading 26.8% above its estimated GF Value™ of €74.51.
GuruFocus considers IPG Photonics to be Modestly Overvalued.
Key valuation signals for FRA:IPF:
Market Cap: €4,018.8 Mil
GF Value™: €74.51 vs. price of €94.50 (26.8% above fair value)
No single metric tells the full story. See the FRA:IPF 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
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