WallStSmart

IPG Photonics Corporation (IPGP)vsTeradyne Inc (TER)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Teradyne Inc generates 329% more annual revenue ($4.46B vs $1.04B). TER leads profitability with a 25.8% profit margin vs 2.8%. TER appears more attractively valued with a PEG of 0.94. TER earns a higher WallStSmart Score of 79/100 (B+).

IPGP

Hold

46

out of 100

Grade: D+

Growth: 4.0Profit: 4.0Value: 3.3Quality: 9.0
Piotroski: 4/9Altman Z: 6.90

TER

Strong Buy

79

out of 100

Grade: B+

Growth: 8.0Profit: 8.5Value: 5.0Quality: 8.0
Piotroski: 4/9Altman Z: 2.98
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

IPGPOvervalued (-14.9%)

Margin of Safety

-14.9%

Fair Value

$96.52

Current Price

$90.23

$6.29 premium

UndervaluedFair: $96.52Overvalued

Intrinsic value data unavailable for TER.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

IPGP4 strengths · Avg: 9.0/10
Debt/EquityHealth
0.0110/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
6.9010/10

Safe zone — low bankruptcy risk

Price/BookValuation
1.8x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
16.6%8/10

16.6% revenue growth

TER6 strengths · Avg: 9.8/10
Operating MarginProfitability
33.2%10/10

Strong operational efficiency at 33.2%

Revenue GrowthGrowth
103.9%10/10

Revenue surging 103.9% year-over-year

EPS GrowthGrowth
385.8%10/10

Earnings expanding 385.8% YoY

Debt/EquityHealth
0.0310/10

Conservative balance sheet, low leverage

Free Cash FlowQuality
$506.42B10/10

Generating 506.4B in free cash flow

Market CapQuality
$63.09B9/10

Large-cap with strong market position

Areas to Watch

IPGP4 concerns · Avg: 3.3/10
PEG RatioValuation
1.834/10

Expensive relative to growth rate

Return on EquityProfitability
1.4%3/10

ROE of 1.4% — below average capital efficiency

Profit MarginProfitability
2.8%3/10

2.8% margin — thin

Operating MarginProfitability
2.1%3/10

Operating margin of 2.1%

TER3 concerns · Avg: 3.0/10
Price/BookValuation
17.3x4/10

Trading at 17.3x book value

Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

P/E RatioValuation
55.4x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : IPGP

The strongest argument for IPGP centers on Debt/Equity, Altman Z-Score, Price/Book. Revenue growth of 16.6% demonstrates continued momentum.

Bull Case : TER

The strongest argument for TER centers on Operating Margin, Revenue Growth, EPS Growth. Profitability is solid with margins at 25.8% and operating margin at 33.2%. Revenue growth of 103.9% demonstrates continued momentum.

Bear Case : IPGP

The primary concerns for IPGP are PEG Ratio, Return on Equity, Profit Margin. A P/E of 125.1x leaves little room for execution misses. Thin 2.8% margins leave little buffer for downturns.

Bear Case : TER

The primary concerns for TER are Price/Book, Return on Equity, P/E Ratio. A P/E of 55.4x leaves little room for execution misses.

Key Dynamics to Monitor

TER carries more volatility with a beta of 1.79 — expect wider price swings.

TER is growing revenue faster at 103.9% — sustainability is the question.

TER generates stronger free cash flow (506.4B), providing more financial flexibility.

Monitor SEMICONDUCTOR EQUIPMENT & MATERIALS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

TER scores higher overall (79/100 vs 46/100), backed by strong 25.8% margins and 103.9% revenue growth. Both earn "Strong Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

IPG Photonics Corporation

TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS · USA

IPG Photonics is a manufacturer of fiber lasers.

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Teradyne Inc

TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS · USA

Teradyne, Inc. is an American automatic test equipment (ATE) designer and manufacturer based in North Reading, Massachusetts.

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