Freshworks Inc. (FRSH) vs IPG Photonics Corporation (IPGP)

A side-by-side comparison of Freshworks Inc. and IPG Photonics Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — FRSH vs IPGP

growth of $100 · dividends reinvested · last 5y
FRSH -72.2% (-22.6%/yr)IPGP -49.8% (-12.9%/yr)IPGP compounded faster over this window
20406080100Start $10020222023202420252026$28$50
FRSH IPGP

FRSH vs IPGP: by the numbers

  • •FRSH is the larger company ($3.78B vs $3.56B market cap).
  • •FRSH trades at the lower trailing earnings multiple (21.14 vs 129.20 P/E), one valuation lens rather than an overall verdict.
  • •FRSH converts more revenue to profit (20.49% vs 2.58% net margin).
  • •FRSH grew revenue faster over the past five years (24.02% vs -4.87% CAGR).

Metrics side by side

Valuation

MetricFRSHIPGP
P/E ratio21.14129.20
Forward P/E20.4476.08
P/S ratio4.183.33
P/B ratio4.221.68
EV / EBITDA50.2834.98
FCF yield6.10%0.58%

Profitability

MetricFRSHIPGP
Gross margin84.96%38.35%
Operating margin3.35%0.74%
Net margin20.49%2.58%
ROE20.67%1.30%
ROIC3.16%0.25%

Growth (annualized)

MetricFRSHIPGP
Revenue CAGR (5Y)24.02%-4.87%
EPS CAGR (5Y)N/A-24.63%
FCF CAGR (5Y)54.85%-39.36%
Total return CAGR (5Y)-19.95%-11.49%

Frequently asked

Which has the lower trailing P/E, FRSH or IPGP?
FRSH has the lower trailing P/E: FRSH trades at 21.14 and IPGP at 129.20. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FRSH or IPGP?
Over the past five years, FRSH grew revenue faster — FRSH at a 24.02% CAGR versus IPGP at -4.87%.
Is FRSH or IPGP more profitable?
FRSH runs the higher net margin — FRSH at 20.49% versus IPGP at 2.58%.
How have FRSH and IPGP total returns compared?
Over the past 5 years, FRSH delivered -19.95% and IPGP delivered -11.49% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.