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IPGP vs NPKI
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Equipment & Services
IPGP vs NPKI — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Semiconductors | Oil & Gas Equipment & Services |
| Market Cap | $4.33B | $1.33B |
| Revenue (TTM) | $1.04B | $287M |
| Net Income (TTM) | $29M | $36M |
| Gross Margin | 37.6% | 35.2% |
| Operating Margin | 0.3% | 11.4% |
| Forward P/E | 62.8x | 29.9x |
| Total Debt | $0.00 | $37M |
| Cash & Equiv. | $404M | $5M |
IPGP vs NPKI — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Nov 24 | May 26 | Return |
|---|---|---|---|
| IPG Photonics Corpo… (IPGP) | 100 | 130.6 | +30.6% |
| NPK International I… (NPKI) | 100 | 187.9 | +87.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: IPGP vs NPKI
Each card shows where this stock fits in a portfolio — not just who wins on paper.
IPGP is the clearest fit if your priority is income & stability.
- Dividend streak 1 yrs, beta 1.80
NPKI carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 27.4%, EPS growth 124.0%, 3Y rev CAGR 12.8%
- 94.9% 10Y total return vs IPGP's 21.7%
- Lower volatility, beta 1.47, Low D/E 10.4%, current ratio 1.43x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 27.4% revenue growth vs IPGP's 2.7% | |
| Value | Lower P/E (29.9x vs 62.8x) | |
| Quality / Margins | 12.4% margin vs IPGP's 2.8% | |
| Stability / Safety | Beta 1.47 vs IPGP's 1.80 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +101.2% vs IPGP's +85.6% | |
| Efficiency (ROA) | 8.5% ROA vs IPGP's 1.2%, ROIC 9.9% vs 0.6% |
IPGP vs NPKI — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
IPGP vs NPKI — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
NPKI leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
IPGP is the larger business by revenue, generating $1.0B annually — 3.6x NPKI's $287M. NPKI is the more profitable business, keeping 12.4% of every revenue dollar as net income compared to IPGP's 2.8%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $1.0B | $287M |
| EBITDAEarnings before interest/tax | $55M | $53M |
| Net IncomeAfter-tax profit | $29M | $36M |
| Free Cash FlowCash after capex | $8M | $32M |
| Gross MarginGross profit ÷ Revenue | +37.6% | +35.2% |
| Operating MarginEBIT ÷ Revenue | +0.3% | +11.4% |
| Net MarginNet income ÷ Revenue | +2.8% | +12.4% |
| FCF MarginFCF ÷ Revenue | +0.8% | +11.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | +16.6% | +15.9% |
| EPS Growth (YoY)Latest quarter vs prior year | -54.4% | 0.0% |
Valuation Metrics
NPKI leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
At 37.4x trailing earnings, NPKI trades at a 73% valuation discount to IPGP's 139.6x P/E. On an enterprise value basis, NPKI's 18.8x EV/EBITDA is more attractive than IPGP's 49.1x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $4.3B | $1.3B |
| Enterprise ValueMkt cap + debt − cash | $3.9B | $1.4B |
| Trailing P/EPrice ÷ TTM EPS | 139.64x | 37.40x |
| Forward P/EPrice ÷ next-FY EPS est. | 62.81x | 29.87x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 49.06x | 18.81x |
| Price / SalesMarket cap ÷ Revenue | 4.31x | 4.79x |
| Price / BookPrice ÷ Book value/share | 2.04x | 3.83x |
| Price / FCFMarket cap ÷ FCF | — | 50.46x |
Profitability & Efficiency
NPKI leads this category, winning 5 of 7 comparable metrics.
Profitability & Efficiency
NPKI delivers a 10.3% return on equity — every $100 of shareholder capital generates $10 in annual profit, vs $1 for IPGP. On the Piotroski fundamental quality scale (0–9), NPKI scores 7/9 vs IPGP's 6/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +1.4% | +10.3% |
| ROA (TTM)Return on assets | +1.2% | +8.5% |
| ROICReturn on invested capital | +0.6% | +9.9% |
| ROCEReturn on capital employed | +0.6% | +12.7% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 7 |
| Debt / EquityFinancial leverage | — | 0.10x |
| Net DebtTotal debt minus cash | -$404M | $31M |
| Cash & Equiv.Liquid assets | $404M | $5M |
| Total DebtShort + long-term debt | $0 | $37M |
| Interest CoverageEBIT ÷ Interest expense | — | 77.08x |
Total Returns (Dividends Reinvested)
NPKI leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NPKI five years ago would be worth $19,491 today (with dividends reinvested), compared to $5,166 for IPGP. Over the past 12 months, NPKI leads with a +101.2% total return vs IPGP's +85.6%. The 3-year compound annual growth rate (CAGR) favors NPKI at 24.9% vs IPGP's -4.3% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +36.2% | +29.8% |
| 1-Year ReturnPast 12 months | +85.6% | +101.2% |
| 3-Year ReturnCumulative with dividends | -12.4% | +94.9% |
| 5-Year ReturnCumulative with dividends | -48.3% | +94.9% |
| 10-Year ReturnCumulative with dividends | +21.7% | +94.9% |
| CAGR (3Y)Annualised 3-year return | -4.3% | +24.9% |
Risk & Volatility
NPKI leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
NPKI is the less volatile stock with a 1.47 beta — it tends to amplify market swings less than IPGP's 1.80 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NPKI currently trades 95.2% from its 52-week high vs IPGP's 65.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.80x | 1.47x |
| 52-Week HighHighest price in past year | $155.82 | $16.50 |
| 52-Week LowLowest price in past year | $51.77 | $7.63 |
| % of 52W HighCurrent price vs 52-week peak | +65.4% | +95.2% |
| RSI (14)Momentum oscillator 0–100 | 29.8 | 57.3 |
| Avg Volume (50D)Average daily shares traded | 501K | 793K |
Analyst Outlook
IPGP leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates IPGP as "Buy" and NPKI as "Buy".
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $151.67 | — |
| # AnalystsCovering analysts | 27 | 3 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | 1 | 0 |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +1.3% | +1.7% |
NPKI leads in 5 of 6 categories (Income & Cash Flow, Valuation Metrics). IPGP leads in 1 (Analyst Outlook).
IPGP vs NPKI: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is IPGP or NPKI a better buy right now?
For growth investors, NPK International Inc.
(NPKI) is the stronger pick with 27. 4% revenue growth year-over-year, versus 2. 7% for IPG Photonics Corporation (IPGP). NPK International Inc. (NPKI) offers the better valuation at 37. 4x trailing P/E (29. 9x forward), making it the more compelling value choice. Analysts rate IPG Photonics Corporation (IPGP) a "Buy" — based on 27 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — IPGP or NPKI?
On trailing P/E, NPK International Inc.
(NPKI) is the cheapest at 37. 4x versus IPG Photonics Corporation at 139. 6x. On forward P/E, NPK International Inc. is actually cheaper at 29. 9x.
03Which is the better long-term investment — IPGP or NPKI?
Over the past 5 years, NPK International Inc.
(NPKI) delivered a total return of +94. 9%, compared to -48. 3% for IPG Photonics Corporation (IPGP). Over 10 years, the gap is even starker: NPKI returned +94. 9% versus IPGP's +21. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — IPGP or NPKI?
By beta (market sensitivity over 5 years), NPK International Inc.
(NPKI) is the lower-risk stock at 1. 47β versus IPG Photonics Corporation's 1. 80β — meaning IPGP is approximately 22% more volatile than NPKI relative to the S&P 500.
05Which is growing faster — IPGP or NPKI?
By revenue growth (latest reported year), NPK International Inc.
(NPKI) is pulling ahead at 27. 4% versus 2. 7% for IPG Photonics Corporation (IPGP). On earnings-per-share growth, the picture is similar: NPK International Inc. grew EPS 124. 0% year-over-year, compared to 117. 8% for IPG Photonics Corporation. Over a 3-year CAGR, NPKI leads at 12. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — IPGP or NPKI?
NPK International Inc.
(NPKI) is the more profitable company, earning 13. 0% net margin versus 3. 1% for IPG Photonics Corporation — meaning it keeps 13. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NPKI leads at 16. 9% versus 1. 3% for IPGP. At the gross margin level — before operating expenses — IPGP leads at 38. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is IPGP or NPKI more undervalued right now?
On forward earnings alone, NPK International Inc.
(NPKI) trades at 29. 9x forward P/E versus 62. 8x for IPG Photonics Corporation — 32. 9x cheaper on a one-year earnings basis.
08Which pays a better dividend — IPGP or NPKI?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
09Is IPGP or NPKI better for a retirement portfolio?
For long-horizon retirement investors, NPK International Inc.
(NPKI) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding. IPG Photonics Corporation (IPGP) carries a higher beta of 1. 80 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (NPKI: +94. 9%, IPGP: +21. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between IPGP and NPKI?
These companies operate in different sectors (IPGP (Technology) and NPKI (Energy)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: IPGP is a small-cap quality compounder stock; NPKI is a small-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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