IPGP vs KRNT vs MTD Stock Comparison

Ipg Photonics, Kornit Digital and Mettler Toledo International Prices as of Oct 27, 2026 Peers: Industry group
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IPGP Ipg Photonics Corp
$74.34 -4.8% 1M -14.7% 1Y
Market cap
$3.17B
P/E
114.9x
Revenue (TTM)
$1.07B
Div. yield
–
Industrial Machinery Industrials
2 wins
KRNT Kornit Digital Ltd.
$18.20 +17.0% 1M +19.9% 1Y
Market cap
$821.41M
P/E
–
Revenue (TTM)
$215.85M
Div. yield
–
Industrial Machinery Industrials
1 win

Head to Head

9 decided of 12

Mettler Toledo International leads on 6 of the 12 questions below (Mettler Toledo International 6, Ipg Photonics 2, Kornit Digital 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIPGPKRNTMTDLeader
Larger companyMarket capitalisation $3.17B $821.41M $34.26B MTD
Cheaper on earningsLower P/E, profitable companies only 114.9x -40.4x 37.8x MTD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 70.8x 91.0x 33.5x MTD
Faster revenue growthRevenue growth, trailing twelve months +13.0% +4.0% +6.9% IPGP
More profitableNet margin, trailing twelve months 2.6% -9.4% 21.9% MTD
Better return on capitalReturn on invested capital — — 47.1% –
Less leveragedLower net debt / EBITDA — — 1.5x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -14.7% +19.9% +18.8% KRNT
Better 5-year returnAnnualised price return, 5 years -14.1%/yr -35.7%/yr +2.7%/yr MTD
Less volatileAnnualised volatility, 1 year 72.0% 43.8% 33.0% MTD
Higher overall scoreMean of the five percentile scores vs peers 58/100 44/100 51/100 IPGP

Percentile Scorecard

IPGPKRNTMTD

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

AxisIPGPKRNTMTD
Valuation 40 #123 of 203 47 #108 of 203 12 #178 of 203
Growth 31 #130 of 188 41 #112 of 188 38 #117 of 188
Profitability 31 #126 of 183 23 #142 of 183 100 #1 of 183
Financial Health 96 #9 of 217 99 #3 of 217 24 #166 of 217
Shareholder Returns 93 #11 of 153 11 #137 of 153 80 #32 of 153
Overall 58 44 51
  • IPGP ranked among 222 companies in Machinery
  • KRNT 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

PeriodIPGPKRNTMTDSPY
1 month -4.8%+17.0%+11.5% -0.2%
3 months -11.5%+19.1%+21.3% +3.9%
6 months -33.8%+18.2%+33.5% +8.2%
Year to date +3.8%+26.6%+20.9% +12.9%
1 year -14.7%+19.9%+18.8% +12.3%
3 years -15.7%+32.8%+72.7% +87.4%
3 years, per year -5.5%+9.9%+20.0% +23.3%
5 years -53.2%-89.0%+14.0% +67.9%
5 years, per year -14.1%-35.7%+2.7% +10.9%
10 years -21.0%+74.2%+323.9% +261.1%
10 years, per year -2.3%+5.7%+15.5% +13.7%

Risk

MeasureIPGPKRNTMTDSPY
Volatility, 1Y 72.0%43.8%33.0% 12.7%
Downside volatility, 1Y 77.3%40.5%33.9% 12.7%
Beta vs S&P 500, 1Y 2.141.520.82 1.00
Return / volatility, 1Y -0.200.450.57 0.97
Max drawdown, 5Y -72.0%-93.0%-43.5% -25.4%
From 52-week high -51.7%-0.6%0.0% -1.2%
52-week high $153.91$18.31$1,685.92 $779.14
52-week low $69.41$12.31$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.

MultipleIPGPKRNTMTD
P/E now vs peer median 114.6xmedian 25.2x -40.5xmedian 25.2x 37.5xmedian 25.2x
P/S now vs peer median 3.0xmedian 1.9x 3.9xmedian 1.9x 8.8xmedian 1.9x
EV/EBITDA now vs peer median 30.5xmedian 14.0x -17.1xmedian 14.0x 28.4xmedian 14.0x
P/FCF now vs peer median 152.0xmedian 21.7x 31.6xmedian 21.7x 42.3xmedian 21.7x
P/B now vs peer median 1.5xmedian 2.3x 1.3xmedian 2.3x 2,851xmedian 2.3x
PEG now vs peer median -3.37median 1.32 -1.11median 1.32 5.42median 1.32

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 monthsIPGPKRNTMTD
Revenue $1.07B $215.85M $4.13B
Gross profit $410.10M $97.83M $2.49B
Operating income $7.97M -$40.02M $1.23B
Net income $27.56M -$20.32M $905.61M
Free cash flow $20.80M $26.70M $863.97M
R&D $123.44M $20.41M $208.01M
EPS (diluted) $0.64 $-0.45 $44.91
Cash & equivalents $399.23M $33.81M $51.40M
Total debt – – $2.11B
Shares (diluted) 42.91M 45.24M 20.17M
Enterprise value -$226.07M -$721.43M $34.01B

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
MetricIPGPKRNTMTD
P/E 114.6x -40.5x 37.5x
P/FCF 152.0x 31.6x 42.3x
P/Operating cash flow 32.8x 28.3x 37.5x
P/S 3.0x 3.9x 8.8x
P/B 1.5x 1.3x 2,851x
P/Tangible book 1.5x 1.3x -144.2x
EV/EBITDA 30.5x -17.1x 28.4x
EV/EBIT 287.5x -11.7x 31.4x
EV/Revenue 2.1x 2.2x 9.3x
EV/FCF 110.1x 17.6x 44.7x
EV/Operating cash flow 23.8x 15.8x 39.6x
PEG (3Y EPS CAGR) -3.37 -1.11 5.42

Growth

14 metrics
MetricIPGPKRNTMTD
Revenue growth (1Y) 13.0% 4.0% 6.9%
Revenue CAGR (3Y) -7.9% -2.7% 1.5%
Gross profit growth (1Y) 25.1% -1.6% 7.5%
Gross profit CAGR (3Y) -6.8% 9.5% 2.0%
Operating income growth (1Y) 103.4% -28.0% 6.3%
Operating income CAGR (3Y) -62.6% 21.6% 0.2%
Net income growth (1Y) 112.8% -80.4% 9.1%
Net income CAGR (3Y) -36.2% 38.6% 3.7%
EPS growth (1Y) 112.7% -89.3% 12.2%
EPS CAGR (3Y) -34.0% 36.6% 6.9%
Operating cash flow growth (1Y) -36.2% -40.1% 2.5%
Operating cash flow CAGR (3Y) -24.2% 33.9% 0.2%
Free cash flow growth (1Y) -67.8% -41.6% 1.9%
Free cash flow CAGR (3Y) -43.0% 34.6% 0.2%

Profitability

14 metrics
MetricIPGPKRNTMTD
Gross margin 38.4% 45.3% 60.3%
EBITDA margin 7.0% -12.7% 32.9%
Operating margin 0.7% -18.5% 29.7%
Pretax margin 3.7% -9.0% 26.5%
Net margin 2.6% -9.4% 21.9%
FCF margin 1.9% 12.4% 20.9%
Operating cash flow margin 9.0% 13.8% 23.6%
Return on equity 1.3% -3.0% –
Return on assets 1.1% -2.7% 24.7%
Return on invested capital – – 47.1%
Return on capital employed 0.4% -5.9% 49.8%
Asset turnover 0.4x 0.3x 1.1x
Cash conversion (OCF / net income) 3.5x -1.5x 1.1x
Stock comp / revenue 3.9% 9.6% 0.6%

Financial Health

11 metrics
MetricIPGPKRNTMTD
Debt / assets – – 57.5%
Debt / equity – – 164.7x
Net debt / EBITDA – – 1.5x
Debt / FCF – – 2.4x
Liabilities / assets 12.3% 11.4% 99.7%
Equity / assets 87.7% 88.6% 0.3%
Interest coverage – – 17.7x
Current ratio 6.2x 8.8x 1.1x
Quick ratio 4.4x 6.6x 0.7x
Cash ratio 3.6x 5.7x 0.0x
Altman Z-score 8.98 – 11.95

Shareholder Returns

7 metrics
MetricIPGPKRNTMTD
Dividend yield – – –
Net buyback yield 4.2% -4.6% 2.1%
Shareholder yield 4.2% -4.6% 2.1%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

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.

ConsensusIPGPKRNTMTD
Forward P/E 70.8xFY2026 91.0xFY2026 33.5xFY2026
EPS, next fiscal year $1.05FY2026 $0.20FY2026 $50.31FY2026
EPS growth, next FY +43.8%FY2026 -35.5%FY2026 +17.7%FY2026
EPS growth, the year after +109.5% +50.0% +5.0%
Revenue, next fiscal year $1.18BFY2026 $229.31MFY2026 $4.52BFY2026
Revenue growth, next FY +18.1%FY2026 +10.1%FY2026 +12.2%FY2026
Revenue growth, the year after +7.7% +0.8% +3.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIPGPKRNTMTD
Held by institutions 71.5% 90.9% 94.4%
Institutions holding 356 118 804
Change in shares held, QoQ +4.7% -3.9% +3.1%
Institutions buying 214 65 331
Institutions selling 96 35 324
Buyers to sellers 2.23 1.86 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.

IPGPKRNTMTD
IPGP 1.00 0.22 0.07
KRNT 0.22 1.00 0.13
MTD 0.07 0.13 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, IPGP, KRNT and MTD?

Mettler Toledo International (MTD) is the largest by market capitalisation: Ipg Photonics (IPGP) $3.17B, Kornit Digital (KRNT) $821.41M, Mettler Toledo International (MTD) $34.26B.

Which stock is cheaper, IPGP, KRNT and MTD?

Mettler Toledo International (MTD) trades on the lowest price-to-earnings ratio (Ipg Photonics (IPGP) 114.9x, Kornit Digital (KRNT) -40.4x, Mettler Toledo International (MTD) 37.8x). On next year's consensus earnings, Mettler Toledo International (MTD) is cheapest (Ipg Photonics (IPGP) 70.8x, Kornit Digital (KRNT) 91.0x, Mettler Toledo International (MTD) 33.5x). 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%, Kornit Digital (KRNT) +4.0%, 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%, Kornit Digital (KRNT) -9.4%, Mettler Toledo International (MTD) 21.9%).

Which stock has performed better?

Over the past year Kornit Digital (KRNT) returned the most: Ipg Photonics (IPGP) -14.7%, Kornit Digital (KRNT) +19.9%, Mettler Toledo International (MTD) +18.8%. Over five years, Mettler Toledo International (MTD) compounded fastest (Ipg Photonics (IPGP) -14.1%/yr, Kornit Digital (KRNT) -35.7%/yr, Mettler Toledo International (MTD) +2.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Mettler Toledo International (MTD) has been the steadiest (Ipg Photonics (IPGP) 72.0%, Kornit Digital (KRNT) 43.8%, 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, KRNT 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, Mettler Toledo International (MTD) leads on 6. 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.