IPG Gross Profit vs Minority Interest Analysis

IPGP Stock  USD 88.40  0.16  0.18%   
IPG Photonics financial indicator trend analysis is infinitely more than just investigating IPG Photonics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IPG Photonics is a good investment. Please check the relationship between IPG Photonics Gross Profit and its Minority Interest accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IPG Photonics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in IPG Stock, please use our How to Invest in IPG Photonics guide.

Gross Profit vs Minority Interest

Gross Profit vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IPG Photonics Gross Profit account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between IPG Photonics' Gross Profit and Minority Interest is -0.41. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Minority Interest in the same time period over historical financial statements of IPG Photonics, assuming nothing else is changed. The correlation between historical values of IPG Photonics' Gross Profit and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of IPG Photonics are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Gross Profit i.e., IPG Photonics' Gross Profit and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of IPG Photonics minus its cost of goods sold. It is profit before IPG Photonics operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of IPG Photonics whose combined shares represent less than 50% of the total outstanding shares issued by IPG Photonics have a minority interest in IPG Photonics.
Most indicators from IPG Photonics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IPG Photonics current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IPG Photonics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in IPG Stock, please use our How to Invest in IPG Photonics guide.At this time, IPG Photonics' Tax Provision is relatively stable compared to the past year. As of 04/26/2024, Sales General And Administrative To Revenue is likely to grow to 0.1, while Selling General Administrative is likely to drop slightly above 68.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit696.4M555.4M536.0M356.0M
Total Revenue1.5B1.4B1.3B727.4M

IPG Photonics fundamental ratios Correlations

0.92-0.820.830.990.550.091.00.310.950.080.890.940.930.990.950.830.850.990.80.370.970.710.530.960.92
0.92-0.80.750.910.55-0.110.920.440.880.010.820.870.860.930.90.960.790.930.770.360.910.710.480.90.86
-0.82-0.8-0.99-0.86-0.73-0.35-0.85-0.12-0.75-0.04-0.75-0.74-0.78-0.79-0.69-0.65-0.72-0.76-0.63-0.42-0.86-0.51-0.41-0.71-0.66
0.830.75-0.990.860.730.440.850.050.760.090.760.740.790.790.690.570.720.770.630.440.870.490.410.710.67
0.990.91-0.860.860.560.141.00.330.940.080.880.930.930.980.940.810.860.970.820.360.970.710.520.930.91
0.550.55-0.730.730.560.550.58-0.450.41-0.280.720.580.390.550.380.380.560.50.290.160.650.38-0.150.480.54
0.09-0.11-0.350.440.140.550.12-0.660.060.250.210.050.070.03-0.13-0.380.10.020.030.30.21-0.320.01-0.110.03
1.00.92-0.850.851.00.580.120.30.940.050.90.940.920.990.950.820.870.980.80.340.980.720.50.950.91
0.310.44-0.120.050.33-0.45-0.660.30.390.210.040.260.390.320.470.580.240.340.510.10.190.360.520.350.24
0.950.88-0.750.760.940.410.060.940.390.270.860.930.950.920.930.780.880.940.750.470.930.540.690.910.85
0.080.01-0.040.090.08-0.280.250.050.210.27-0.09-0.050.310.030.01-0.09-0.060.110.20.790.14-0.460.77-0.080.03
0.890.82-0.750.760.880.720.210.90.040.86-0.090.960.780.870.830.710.90.860.570.250.910.640.270.880.84
0.940.87-0.740.740.930.580.050.940.260.93-0.050.960.840.930.940.80.950.910.70.20.910.710.380.950.88
0.930.86-0.780.790.930.390.070.920.390.950.310.780.840.90.880.760.760.920.730.550.930.560.740.850.86
0.990.93-0.790.790.980.550.030.990.320.920.030.870.930.90.950.860.820.990.80.340.960.740.490.970.92
0.950.9-0.690.690.940.38-0.130.950.470.930.010.830.940.880.950.860.860.950.80.210.880.770.510.960.9
0.830.96-0.650.570.810.38-0.380.820.580.78-0.090.710.80.760.860.860.710.850.70.230.780.760.410.860.79
0.850.79-0.720.720.860.560.10.870.240.88-0.060.90.950.760.820.860.710.80.610.140.810.580.350.870.78
0.990.93-0.760.770.970.50.020.980.340.940.110.860.910.920.990.950.850.80.790.410.960.690.560.960.92
0.80.77-0.630.630.820.290.030.80.510.750.20.570.70.730.80.80.70.610.790.210.760.560.520.710.7
0.370.36-0.420.440.360.160.30.340.10.470.790.250.20.550.340.210.230.140.410.210.46-0.20.760.210.3
0.970.91-0.860.870.970.650.210.980.190.930.140.910.910.930.960.880.780.810.960.760.460.630.520.90.89
0.710.71-0.510.490.710.38-0.320.720.360.54-0.460.640.710.560.740.770.760.580.690.56-0.20.63-0.020.770.74
0.530.48-0.410.410.52-0.150.010.50.520.690.770.270.380.740.490.510.410.350.560.520.760.52-0.020.420.4
0.960.9-0.710.710.930.48-0.110.950.350.91-0.080.880.950.850.970.960.860.870.960.710.210.90.770.420.89
0.920.86-0.660.670.910.540.030.910.240.850.030.840.880.860.920.90.790.780.920.70.30.890.740.40.89
Click cells to compare fundamentals

IPG Photonics Account Relationship Matchups

IPG Photonics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.9B3.2B2.7B2.7B1.4B
Total Stockholder Equity2.4B2.6B2.7B2.4B2.4B2.5B
Net Debt(638.4M)(838.3M)(674.9M)(682.2M)(496.4M)(521.2M)
Cash680.1M876.2M709.1M698.2M514.7M404.5M
Cash And Short Term Investments1.2B1.4B1.5B1.2B1.2B605.4M
Common Stock Shares Outstanding53.8M53.8M53.9M50.9M47.3M50.5M
Liabilities And Stockholders Equity2.7B2.9B3.2B2.7B2.7B1.4B
Other Stockholder Equity519.9M550.7M469.9M13.4M(167.5M)(159.1M)
Total Current Assets1.9B2.1B2.3B2.0B1.9B1.0B
Other Assets53.0M86.6M96.3M88.4M101.7M106.8M
Total Liab328.0M341.6M423.3M357.9M283.5M224.4M
Short Long Term Debt Total41.7M38.0M34.2M16.0M18.3M26.4M
Other Current Liab101.3M113.8M149.8M132.3M112.4M79.0M
Total Current Liabilities191.9M214.6M313.4M274.6M214.9M148.9M
Other Liab77.7M92.9M93.9M66.5M76.5M40.9M
Property Plant And Equipment Net600.9M597.5M635.3M580.6M602.3M340.3M
Current Deferred Revenue59.5M71.2M89.7M80.1M69.2M36.5M
Retained Earnings2.0B2.2B2.5B2.6B2.8B2.9B
Accounts Payable27.3M25.7M55.8M46.2M28.6M23.3M
Non Current Assets Total833.8M787.6M822.9M757.0M784.2M434.4M
Non Currrent Assets Other42.3M43.4M48.5M28.7M28.4M21.9M
Long Term Debt41.7M38.0M34.2M16.0M18.4M26.4M
Net Receivables238.5M264.3M262.1M211.3M219.1M144.9M
Non Current Liabilities Total136.1M127.0M109.9M83.3M68.7M79.1M
Inventory380.8M365.0M460.7M509.4M453.9M235.6M
Other Current Assets55.9M57.8M73.3M47.0M64.2M36.5M
Property Plant And Equipment Gross600.9M597.5M1.2B1.1B1.2B1.2B
Accumulated Other Comprehensive Income(146.9M)(146.1M)(190.0M)(204.5M)(212.5M)(201.9M)
Short Term Debt3.7M3.8M18.1M16.0M4.6M7.4M
Property Plant Equipment600.9M597.5M635.3M596.1M685.5M719.8M
Short Term Investments502.5M514.8M805.4M479.4M662.8M695.9M
Intangible Assets74.3M62.1M52.7M34.1M26.2M32.8M
Net Tangible Assets2.2B2.5B2.7B2.3B2.7B1.8B
Noncontrolling Interest In Consolidated Entity687K717K1.3M639K734.9K492.5K
Good Will82.1M41.4M38.6M38.3M38.5M35.5M
Retained Earnings Total Equity1.8B2.0B2.2B2.5B2.8B3.0B
Long Term Debt Total41.7M38.0M34.2M16.0M18.4M29.1M

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When determining whether IPG Photonics is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IPG Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ipg Photonics Stock. Highlighted below are key reports to facilitate an investment decision about Ipg Photonics Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IPG Photonics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in IPG Stock, please use our How to Invest in IPG Photonics guide.
Note that the IPG Photonics information on this page should be used as a complementary analysis to other IPG Photonics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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Is IPG Photonics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IPG Photonics. If investors know IPG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IPG Photonics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.21)
Earnings Share
4.63
Revenue Per Share
27.303
Quarterly Revenue Growth
(0.10)
Return On Assets
0.0532
The market value of IPG Photonics is measured differently than its book value, which is the value of IPG that is recorded on the company's balance sheet. Investors also form their own opinion of IPG Photonics' value that differs from its market value or its book value, called intrinsic value, which is IPG Photonics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IPG Photonics' market value can be influenced by many factors that don't directly affect IPG Photonics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IPG Photonics' value and its price as these two are different measures arrived at by different means. Investors typically determine if IPG Photonics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IPG Photonics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.