Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
IPG Photonics's operating assets for the quarter that ended in Mar. 2026 was $1,609 Mil. IPG Photonics's operating liabilities for the quarter that ended in Mar. 2026 was $290 Mil. IPG Photonics's Total Assets for the quarter that ended in Dec. 2025 was $2,424 Mil. Therefore, IPG Photonics's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.54.
IPG Photonics Scaled Net Operating Assets Related Terms
IPG Photonics Scaled Net Operating Assets Historical Data
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The historical data trend for IPG Photonics's Scaled Net Operating Assets 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: Scaled Net Operating Assets Comparison
For the Semiconductor Equipment & Materials subindustry, IPG Photonics's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Semiconductors Industry
For the Semiconductors industry and Technology sector, IPG Photonics's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where IPG Photonics's Scaled Net Operating Assets falls into.
* 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.
What does a Scaled Net Operating Assets of 0.54 mean?
IPG Photonics (IPGP) has a Scaled Net Operating Assets of 0.54 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on IPG Photonics and its competitors.
Is IPG Photonics' Scaled Net Operating Assets too high?
IPG Photonics' current Scaled Net Operating Assets is 0.54. 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' Scaled Net Operating Assets compare to ACLS and KLIC?
IPG Photonics' Scaled Net Operating Assets of 0.54 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 Scaled Net Operating Assets for a Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on IPG Photonics and its competitors. IPG Photonics's current Scaled Net Operating Assets is 0.54. 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 $110.22 — trading 29.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.54. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For IPG Photonics (IPGP), the current Scaled Net Operating Assets is 0.54 as of Mar. 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 $110.22 is trading 29.7% above its estimated GF Value™ of $84.97.
GuruFocus considers IPG Photonics to be Modestly Overvalued.
Key valuation signals for IPGP:
Scaled Net Operating Assets: 0.54
GF Value™: $84.97 vs. price of $110.22 (29.7% 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
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