IPG Photonics Corporation (IPGP) vs Photronics, Inc. (PLAB)
IPG Photonics Corporation and Photronics, Inc. are both Semiconductor Equipment & Materials companies. IPG Photonics Corporation is the larger, with a market value of $3.3B against $1.8B — 1.8× the size. Photronics, Inc. trades at the lower P/E: 10.7× against 118×. IPG Photonics Corporation grew revenue faster over the last twelve months: 13.0% against 1.25%. Photronics, Inc. has the higher net margin (19.0% vs 2.58%) and the higher return on invested capital (11.3% vs 0.40%). Across the 22 metrics below, Photronics, Inc. leads on 16 and IPG Photonics Corporation on 6.
Valuation
Profitability
| Metric | IPGP | PLAB | Semiconductor Equipment & Materials median |
|---|---|---|---|
| Gross margin | 38.35% | 33.65% | 43.95% |
| Operating margin | 0.75% | 22.46% | 10.32% |
| Net margin | 2.58% | 19.04% | 7.45% |
| Free cash flow margin | 2.07% | 12.74% | 6.77% |
| Return on equity | 1.30% | 10.06% | 4.78% |
| Return on assets | 1.15% | 8.82% | 3.62% |
| Return on invested capital | 0.40% | 11.32% | 6.10% |
Growth
Health
Dividend
Size
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