IPG Photonics Corporation (IPGP) vs Ultra Clean Holdings, Inc. (UCTT)
IPG Photonics Corporation and Ultra Clean Holdings, Inc. are both Semiconductor Equipment & Materials companies. IPG Photonics Corporation and Ultra Clean Holdings, Inc. are of similar size ($3.5B and $3.3B). Ultra Clean Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; IPG Photonics Corporation trades at 118×. IPG Photonics Corporation grew revenue faster over the last twelve months: 13.0% against 2.52%. IPG Photonics Corporation has the higher net margin (2.58% vs −1.07%) and the lower return on invested capital (0.40% vs 3.68%). Across the 20 metrics below, IPG Photonics Corporation leads on 13 and Ultra Clean Holdings, Inc. on 7.
Valuation
Profitability
| Metric | IPGP | UCTT | Semiconductor Equipment & Materials median |
|---|---|---|---|
| Gross margin | 38.35% | 15.83% | 43.95% |
| Operating margin | 0.75% | 2.84% | 10.32% |
| Net margin | 2.58% | (1.07%) | 7.45% |
| Free cash flow margin | 2.07% | (5.15%) | 6.77% |
| Return on equity | 1.30% | (3.11%) | 4.78% |
| Return on assets | 1.15% | (1.28%) | 3.62% |
| Return on invested capital | 0.40% | 3.68% | 6.10% |
Growth
Health
Dividend
Size
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