IPGP vs AME vs MTD Stock Comparison

Ipg Photonics, Ametek and Mettler Toledo International Prices as of Oct 26, 2026 Peers: Industry group
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IPGP Ipg Photonics Corp
$72.81 -6.8% 1M -15.9% 1Y
Market cap
$3.18B
P/E
115.2x
Revenue (TTM)
$1.07B
Div. yield
–
Industrial Machinery Industrials
1 win
AME Ametek Inc/
$242.89 -3.3% 1M +29.8% 1Y
Market cap
$56.46B
P/E
35.8x
Revenue (TTM)
$7.86B
Div. yield
0.01%
Industrial Machinery Industrials
8 wins

Head to Head

11 decided of 12

Ametek leads on 8 of the 12 questions below (Ametek 8, Mettler Toledo International 2, Ipg Photonics 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIPGPAMEMTDLeader
Larger companyMarket capitalisation $3.18B $56.46B $33.92B AME
Cheaper on earningsLower P/E, profitable companies only 115.2x 35.8x 37.5x AME
Cheaper on forward earningsLower price / next fiscal year consensus EPS 69.3x 29.6x 33.2x AME
Faster revenue growthRevenue growth, trailing twelve months +13.0% +12.7% +6.9% IPGP
More profitableNet margin, trailing twelve months 2.6% 20.0% 21.9% MTD
Better return on capitalReturn on invested capital — 12.8% 47.1% MTD
Less leveragedLower net debt / EBITDA — 0.6x 1.5x AME
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months -15.9% +29.8% +16.5% AME
Better 5-year returnAnnualised price return, 5 years -14.3%/yr +13.3%/yr +2.7%/yr AME
Less volatileAnnualised volatility, 1 year 72.1% 23.9% 33.0% AME
Higher overall scoreMean of the five percentile scores vs peers 59/100 62/100 51/100 AME

Percentile Scorecard

IPGPAMEMTD

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisIPGPAMEMTD
Valuation 40 #123 of 203 17 #168 of 203 11 #180 of 203
Growth 31 #129 of 187 63 #70 of 187 39 #115 of 187
Profitability 32 #127 of 185 92 #15 of 185 100 #1 of 185
Financial Health 96 #9 of 219 69 #69 of 219 24 #167 of 219
Shareholder Returns 94 #10 of 153 70 #46 of 153 80 #31 of 153
Overall 59 62 51
  • IPGP ranked among 222 companies in Machinery
  • AME ranked among 222 companies in Machinery
  • MTD ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodIPGPAMEMTDSPY
1 month -6.8%-3.3%+10.5% -0.8%
3 months -18.8%-0.1%+24.9% +3.5%
6 months -37.6%+4.3%+31.1% +7.0%
Year to date +1.7%+18.3%+19.8% +12.2%
1 year -15.9%+29.8%+16.5% +13.0%
3 years -17.4%+74.5%+71.1% +86.3%
3 years, per year -6.2%+20.4%+19.6% +23.1%
5 years -53.6%+87.0%+14.3% +68.6%
5 years, per year -14.3%+13.3%+2.7% +11.0%
10 years -14.2%+441.8%+318.1% +258.0%
10 years, per year -1.5%+18.4%+15.4% +13.6%

Risk

MeasureIPGPAMEMTDSPY
Volatility, 1Y 72.1%23.9%33.0% 12.7%
Downside volatility, 1Y 77.3%22.8%33.9% 12.7%
Beta vs S&P 500, 1Y 2.140.970.82 1.00
Return / volatility, 1Y -0.221.250.50 1.02
Max drawdown, 5Y -72.0%-27.3%-43.5% -25.4%
From 52-week high -52.7%-6.1%-0.9% -1.8%
52-week high $153.91$258.54$1,685.52 $779.14
52-week low $69.41$184.19$1,025.53 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleIPGPAMEMTD
P/E now vs peer median 112.2xmedian 26.0x 35.3xmedian 26.0x 37.1xmedian 26.0x
P/S now vs peer median 2.9xmedian 1.9x 7.1xmedian 1.9x 8.8xmedian 1.9x
EV/EBITDA now vs peer median 29.6xmedian 14.0x 23.3xmedian 14.0x 28.1xmedian 14.0x
P/FCF now vs peer median 148.9xmedian 21.4x 30.5xmedian 21.4x 41.9xmedian 21.4x
P/B now vs peer median 1.5xmedian 2.2x 4.9xmedian 2.2x 2,825xmedian 2.2x
PEG now vs peer median -3.30median 1.26 4.06median 1.26 5.37median 1.26

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsIPGPAMEMTD
Revenue $1.07B $7.86B $4.13B
Gross profit $410.10M $2.86B $2.49B
Operating income $7.97M $2.04B $1.23B
Net income $27.56M $1.58B $905.61M
Free cash flow $20.80M $1.82B $863.97M
R&D $123.44M – $208.01M
EPS (diluted) $0.64 $6.86 $44.91
Cash & equivalents $399.23M $495.45M $51.40M
Total debt – $2.04B $2.11B
Shares (diluted) 42.91M 229.86M 20.17M
Enterprise value -$218.00M $54.59B $33.67B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricIPGPAMEMTD
P/E 112.2x 35.3x 37.1x
P/FCF 148.9x 30.5x 41.9x
P/Operating cash flow 32.1x 28.4x 37.2x
P/S 2.9x 7.1x 8.8x
P/B 1.5x 4.9x 2,825x
P/Tangible book 1.5x 7.9x -142.9x
EV/EBITDA 29.6x 23.3x 28.1x
EV/EBIT 279.3x 28.1x 31.1x
EV/Revenue 2.1x 7.3x 9.3x
EV/FCF 107.0x 31.4x 44.3x
EV/Operating cash flow 23.1x 29.2x 39.3x
PEG (3Y EPS CAGR) -3.30 4.06 5.37

Growth

14 metrics
MetricIPGPAMEMTD
Revenue growth (1Y) 13.0% 12.7% 6.9%
Revenue CAGR (3Y) -7.9% 7.0% 1.5%
Gross profit growth (1Y) 25.1% 13.4% 7.5%
Gross profit CAGR (3Y) -6.8% 7.9% 2.0%
Operating income growth (1Y) 103.4% 11.2% 6.3%
Operating income CAGR (3Y) -62.6% 8.2% 0.2%
Net income growth (1Y) 112.8% 9.6% 9.1%
Net income CAGR (3Y) -36.2% 8.5% 3.7%
EPS growth (1Y) 112.7% 10.4% 12.2%
EPS CAGR (3Y) -34.0% 8.7% 6.9%
Operating cash flow growth (1Y) -36.2% 8.1% 2.5%
Operating cash flow CAGR (3Y) -24.2% 11.0% 0.2%
Free cash flow growth (1Y) -67.8% 8.4% 1.9%
Free cash flow CAGR (3Y) -43.0% 12.0% 0.2%

Profitability

14 metrics
MetricIPGPAMEMTD
Gross margin 38.4% 36.4% 60.3%
EBITDA margin 7.0% 31.2% 32.9%
Operating margin 0.7% 25.9% 29.7%
Pretax margin 3.7% 24.3% 26.5%
Net margin 2.6% 20.0% 21.9%
FCF margin 1.9% 23.2% 20.9%
Operating cash flow margin 9.0% 24.9% 23.6%
Return on equity 1.3% 14.2% –
Return on assets 1.1% 9.6% 24.7%
Return on invested capital – 12.8% 47.1%
Return on capital employed 0.4% 14.8% 49.8%
Asset turnover 0.4x 0.5x 1.1x
Cash conversion (OCF / net income) 3.5x 1.2x 1.1x
Stock comp / revenue 3.9% 0.6% 0.6%

Financial Health

11 metrics
MetricIPGPAMEMTD
Debt / assets – 12.3% 57.5%
Debt / equity – 0.2x 164.7x
Net debt / EBITDA – 0.6x 1.5x
Debt / FCF – 1.1x 2.4x
Liabilities / assets 12.3% 32.1% 99.7%
Equity / assets 87.7% 67.9% 0.3%
Interest coverage – 21.1x 17.7x
Current ratio 6.2x 1.2x 1.1x
Quick ratio 4.4x 0.6x 0.7x
Cash ratio 3.6x 0.2x 0.0x
Altman Z-score 8.84 8.27 11.90

Shareholder Returns

7 metrics
MetricIPGPAMEMTD
Dividend yield – 0.5% –
Net buyback yield 4.3% 0.7% 2.1%
Shareholder yield 4.3% 1.3% 2.1%
Payout ratio (earnings) – 18.9% –
Payout ratio (FCF) – 16.3% –
Dividend growth (1Y) – 9.4% –
Dividend CAGR (3Y) – 11.3% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusIPGPAMEMTD
Forward P/E 69.3xFY2026 29.6xFY2026 33.2xFY2026
EPS, next fiscal year $1.05FY2026 $8.20FY2026 $50.31FY2026
EPS growth, next FY +43.8%FY2026 +10.4%FY2026 +17.7%FY2026
EPS growth, the year after +109.5% +8.4% +5.0%
Revenue, next fiscal year $1.18BFY2026 $7.96BFY2026 $4.52BFY2026
Revenue growth, next FY +18.1%FY2026 +7.5%FY2026 +12.2%FY2026
Revenue growth, the year after +7.7% +18.3% +3.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIPGPAMEMTD
Held by institutions 71.5% 89.6% 94.4%
Institutions holding 356 1,195 804
Change in shares held, QoQ +4.7% +2.3% +3.1%
Institutions buying 214 615 331
Institutions selling 96 399 324
Buyers to sellers 2.23 1.54 1.02

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

IPGPAMEMTD
IPGP 1.00 0.29 0.07
AME 0.29 1.00 0.34
MTD 0.07 0.34 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, IPGP, AME and MTD?

Ametek (AME) is the largest by market capitalisation: Ipg Photonics (IPGP) $3.18B, Ametek (AME) $56.46B, Mettler Toledo International (MTD) $33.92B.

Which stock is cheaper, IPGP, AME and MTD?

Ametek (AME) trades on the lowest price-to-earnings ratio (Ipg Photonics (IPGP) 115.2x, Ametek (AME) 35.8x, Mettler Toledo International (MTD) 37.5x). On next year's consensus earnings, Ametek (AME) is cheapest (Ipg Photonics (IPGP) 69.3x, Ametek (AME) 29.6x, Mettler Toledo International (MTD) 33.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Ipg Photonics (IPGP) grew revenue fastest over the trailing twelve months: Ipg Photonics (IPGP) +13.0%, Ametek (AME) +12.7%, Mettler Toledo International (MTD) +6.9%.

Which company is more profitable?

Mettler Toledo International (MTD) has the highest net margin (Ipg Photonics (IPGP) 2.6%, Ametek (AME) 20.0%, Mettler Toledo International (MTD) 21.9%). On return on invested capital, Mettler Toledo International (MTD) leads (Ametek (AME) 12.8%, Mettler Toledo International (MTD) 47.1%).

Which stock has performed better?

Over the past year Ametek (AME) returned the most: Ipg Photonics (IPGP) -15.9%, Ametek (AME) +29.8%, Mettler Toledo International (MTD) +16.5%. Over five years, Ametek (AME) compounded fastest (Ipg Photonics (IPGP) -14.3%/yr, Ametek (AME) +13.3%/yr, Mettler Toledo International (MTD) +2.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Ipg Photonics (IPGP) 0.00%, Ametek (AME) 0.01%, Mettler Toledo International (MTD) 0.00%. Ipg Photonics (IPGP) and Mettler Toledo International (MTD) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Ametek (AME) has been the steadiest (Ipg Photonics (IPGP) 72.1%, Ametek (AME) 23.9%, Mettler Toledo International (MTD) 33.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, IPGP, AME and MTD?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ametek (AME) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.