COHR vs. IPGP: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at COHR and IPGP, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | COHR | IPGP |
|---|---|---|
| Company Name | Coherent Corp. | IPG Photonics Corporation |
| Country | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry | Electronic Equipment, Instruments & Components | Electronic Equipment, Instruments & Components |
| Market Capitalization | 21.92 billion USD | 3.16 billion USD |
| Exchange | NYSE | NasdaqGS |
| Listing Date | October 2, 1987 | December 13, 2006 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of COHR and IPGP by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | COHR | IPGP |
|---|---|---|
| 5-Day Price Return | -2.67% | -9.07% |
| 13-Week Price Return | 56.59% | -7.84% |
| 26-Week Price Return | 70.84% | 10.61% |
| 52-Week Price Return | 30.08% | -0.38% |
| Month-to-Date Return | 2.77% | -14.87% |
| Year-to-Date Return | 43.15% | -0.36% |
| 10-Day Avg. Volume | 5.01M | 0.25M |
| 3-Month Avg. Volume | 4.22M | 0.24M |
| 3-Month Volatility | 68.82% | 39.07% |
| Beta | 1.81 | 1.04 |
Profitability
Return on Equity (TTM)
COHR
3.14%
Electronic Equipment, Instruments & Components Industry
- Max
- 25.62%
- Q3
- 13.32%
- Median
- 9.23%
- Q1
- 4.70%
- Min
- -3.60%
COHR’s Return on Equity of 3.14% is in the lower quartile for the Electronic Equipment, Instruments & Components industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.
IPGP
1.24%
Electronic Equipment, Instruments & Components Industry
- Max
- 25.62%
- Q3
- 13.32%
- Median
- 9.23%
- Q1
- 4.70%
- Min
- -3.60%
IPGP’s Return on Equity of 1.24% is in the lower quartile for the Electronic Equipment, Instruments & Components industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.
Net Profit Margin (TTM)
COHR
4.13%
Electronic Equipment, Instruments & Components Industry
- Max
- 18.22%
- Q3
- 10.34%
- Median
- 7.81%
- Q1
- 3.28%
- Min
- -4.57%
COHR’s Net Profit Margin of 4.13% is aligned with the median group of its peers in the Electronic Equipment, Instruments & Components industry. This indicates its ability to convert revenue into profit is typical for the sector.
IPGP
2.66%
Electronic Equipment, Instruments & Components Industry
- Max
- 18.22%
- Q3
- 10.34%
- Median
- 7.81%
- Q1
- 3.28%
- Min
- -4.57%
Falling into the lower quartile for the Electronic Equipment, Instruments & Components industry, IPGP’s Net Profit Margin of 2.66% indicates weaker profitability. This means the company retains a smaller portion of each dollar in sales as profit compared to its competitors.
Operating Profit Margin (TTM)
COHR
8.99%
Electronic Equipment, Instruments & Components Industry
- Max
- 26.64%
- Q3
- 15.10%
- Median
- 9.55%
- Q1
- 4.57%
- Min
- -7.07%
COHR’s Operating Profit Margin of 8.99% is around the midpoint for the Electronic Equipment, Instruments & Components industry, indicating that its efficiency in managing core business operations is typical for the sector.
IPGP
2.46%
Electronic Equipment, Instruments & Components Industry
- Max
- 26.64%
- Q3
- 15.10%
- Median
- 9.55%
- Q1
- 4.57%
- Min
- -7.07%
IPGP’s Operating Profit Margin of 2.46% is in the lower quartile for the Electronic Equipment, Instruments & Components industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.
Profitability at a Glance
| Symbol | COHR | IPGP |
|---|---|---|
| Return on Equity (TTM) | 3.14% | 1.24% |
| Return on Assets (TTM) | 1.72% | 1.09% |
| Net Profit Margin (TTM) | 4.13% | 2.66% |
| Operating Profit Margin (TTM) | 8.99% | 2.46% |
| Gross Profit Margin (TTM) | 35.78% | 38.68% |
Financial Strength
Current Ratio (MRQ)
COHR
2.33
Electronic Equipment, Instruments & Components Industry
- Max
- 5.52
- Q3
- 3.20
- Median
- 2.02
- Q1
- 1.51
- Min
- 0.33
COHR’s Current Ratio of 2.33 aligns with the median group of the Electronic Equipment, Instruments & Components industry, indicating that its short-term liquidity is in line with its sector peers.
IPGP
6.72
Electronic Equipment, Instruments & Components Industry
- Max
- 5.52
- Q3
- 3.20
- Median
- 2.02
- Q1
- 1.51
- Min
- 0.33
IPGP’s Current Ratio of 6.72 is exceptionally high, placing it well outside the typical range for the Electronic Equipment, Instruments & Components industry. This indicates a very strong liquidity position, though such a high ratio may also suggest that the company is not using its assets efficiently to generate profits.
Debt-to-Equity Ratio (MRQ)
COHR
0.40
Electronic Equipment, Instruments & Components Industry
- Max
- 1.12
- Q3
- 0.55
- Median
- 0.33
- Q1
- 0.10
- Min
- 0.00
COHR’s Debt-to-Equity Ratio of 0.40 is typical for the Electronic Equipment, Instruments & Components industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
IPGP
0.00
Electronic Equipment, Instruments & Components Industry
- Max
- 1.12
- Q3
- 0.55
- Median
- 0.33
- Q1
- 0.10
- Min
- 0.00
Falling into the lower quartile for the Electronic Equipment, Instruments & Components industry, IPGP’s Debt-to-Equity Ratio of 0.00 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
Interest Coverage Ratio (TTM)
COHR
1.36
Electronic Equipment, Instruments & Components Industry
- Max
- 114.40
- Q3
- 51.32
- Median
- 14.03
- Q1
- 3.74
- Min
- -61.15
In the lower quartile for the Electronic Equipment, Instruments & Components industry, COHR’s Interest Coverage Ratio of 1.36 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.
IPGP
199.25
Electronic Equipment, Instruments & Components Industry
- Max
- 114.40
- Q3
- 51.32
- Median
- 14.03
- Q1
- 3.74
- Min
- -61.15
With an Interest Coverage Ratio of 199.25, IPGP demonstrates a superior capacity to service its debt, placing it well above the typical range for the Electronic Equipment, Instruments & Components industry. This stems from either robust earnings or a conservative debt load.
Financial Strength at a Glance
| Symbol | COHR | IPGP |
|---|---|---|
| Current Ratio (MRQ) | 2.33 | 6.72 |
| Quick Ratio (MRQ) | 1.10 | 4.87 |
| Debt-to-Equity Ratio (MRQ) | 0.40 | 0.00 |
| Interest Coverage Ratio (TTM) | 1.36 | 199.25 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
COHR
0.11%
Electronic Equipment, Instruments & Components Industry
- Max
- 5.16%
- Q3
- 2.39%
- Median
- 1.18%
- Q1
- 0.12%
- Min
- 0.00%
COHR’s Dividend Yield of 0.11% is in the lower quartile for the Electronic Equipment, Instruments & Components industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.
IPGP
0.00%
Electronic Equipment, Instruments & Components Industry
- Max
- 5.16%
- Q3
- 2.39%
- Median
- 1.18%
- Q1
- 0.12%
- Min
- 0.00%
IPGP currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio (TTM)
COHR
5.05%
Electronic Equipment, Instruments & Components Industry
- Max
- 197.57%
- Q3
- 87.33%
- Median
- 36.23%
- Q1
- 3.99%
- Min
- 0.00%
COHR’s Dividend Payout Ratio of 5.05% is within the typical range for the Electronic Equipment, Instruments & Components industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
IPGP
0.00%
Electronic Equipment, Instruments & Components Industry
- Max
- 197.57%
- Q3
- 87.33%
- Median
- 36.23%
- Q1
- 3.99%
- Min
- 0.00%
IPGP has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | COHR | IPGP |
|---|---|---|
| Dividend Yield (TTM) | 0.11% | 0.00% |
| Dividend Payout Ratio (TTM) | 5.05% | 0.00% |
Valuation
Price-to-Earnings Ratio (TTM)
COHR
85.31
Electronic Equipment, Instruments & Components Industry
- Max
- 71.05
- Q3
- 42.87
- Median
- 27.84
- Q1
- 19.17
- Min
- 7.73
At 85.31, COHR’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Electronic Equipment, Instruments & Components industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.
IPGP
119.04
Electronic Equipment, Instruments & Components Industry
- Max
- 71.05
- Q3
- 42.87
- Median
- 27.84
- Q1
- 19.17
- Min
- 7.73
At 119.04, IPGP’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Electronic Equipment, Instruments & Components industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.
Price-to-Sales Ratio (TTM)
COHR
3.53
Electronic Equipment, Instruments & Components Industry
- Max
- 7.81
- Q3
- 4.01
- Median
- 2.09
- Q1
- 1.25
- Min
- 0.16
COHR’s P/S Ratio of 3.53 aligns with the market consensus for the Electronic Equipment, Instruments & Components industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
IPGP
3.17
Electronic Equipment, Instruments & Components Industry
- Max
- 7.81
- Q3
- 4.01
- Median
- 2.09
- Q1
- 1.25
- Min
- 0.16
IPGP’s P/S Ratio of 3.17 aligns with the market consensus for the Electronic Equipment, Instruments & Components industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio (MRQ)
COHR
2.03
Electronic Equipment, Instruments & Components Industry
- Max
- 7.49
- Q3
- 4.09
- Median
- 2.35
- Q1
- 1.55
- Min
- 0.44
COHR’s P/B Ratio of 2.03 is within the conventional range for the Electronic Equipment, Instruments & Components industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
IPGP
1.59
Electronic Equipment, Instruments & Components Industry
- Max
- 7.49
- Q3
- 4.09
- Median
- 2.35
- Q1
- 1.55
- Min
- 0.44
IPGP’s P/B Ratio of 1.59 is within the conventional range for the Electronic Equipment, Instruments & Components industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | COHR | IPGP |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 85.31 | 119.04 |
| Price-to-Sales Ratio (TTM) | 3.53 | 3.17 |
| Price-to-Book Ratio (MRQ) | 2.03 | 1.59 |
| Price-to-Free Cash Flow Ratio (TTM) | 83.17 | 46.82 |
