PREFORMED LINE PRODUCTS CO (PLPC) Stock Fundamental Analysis
NASDAQ:PLPC - Nasdaq - US7404441047 - Common Stock - Currency: USD
Overall PLPC gets a fundamental rating of 6 out of 10. We evaluated PLPC against 93 industry peers in the Electrical Equipment industry. Both the health and profitability get an excellent rating, making PLPC a very profitable company, without any liquidiy or solvency issues. PLPC has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
PLPC had positive earnings in the past year.
PLPC had a positive operating cash flow in the past year.
In the past 5 years PLPC has always been profitable.
In the past 5 years PLPC always reported a positive cash flow from operatings.
1.2 Ratios
PLPC has a better Return On Assets (6.71%) than 82.80% of its industry peers.
PLPC has a Return On Equity of 9.19%. This is in the better half of the industry: PLPC outperforms 79.57% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.37%, PLPC is in the better half of the industry, outperforming 79.57% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PLPC is in line with the industry average of 9.68%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.71% | ||
| ROE | 9.19% | ||
| ROIC | 8.37% |
ROA(3y)8.84%
ROA(5y)8.06%
ROE(3y)13.06%
ROE(5y)12.13%
ROIC(3y)10.93%
ROIC(5y)9.95%
1.3 Margins
The Profit Margin of PLPC (6.70%) is better than 82.80% of its industry peers.
PLPC's Profit Margin has improved in the last couple of years.
PLPC has a Operating Margin of 9.20%. This is in the better half of the industry: PLPC outperforms 78.49% of its industry peers.
PLPC's Operating Margin has improved in the last couple of years.
The Gross Margin of PLPC (32.50%) is better than 75.27% of its industry peers.
In the last couple of years the Gross Margin of PLPC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.2% | ||
| PM (TTM) | 6.7% | ||
| GM | 32.5% |
OM growth 3Y-2.35%
OM growth 5Y3.13%
PM growth 3Y-3.26%
PM growth 5Y3.59%
GM growth 3Y-0.16%
GM growth 5Y0.23%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PLPC is creating some value.
The number of shares outstanding for PLPC remains at a similar level compared to 1 year ago.
Compared to 5 years ago, PLPC has less shares outstanding
PLPC has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 5.72 indicates that PLPC is not in any danger for bankruptcy at the moment.
The Altman-Z score of PLPC (5.72) is better than 86.02% of its industry peers.
PLPC has a debt to FCF ratio of 0.91. This is a very positive value and a sign of high solvency as it would only need 0.91 years to pay back of all of its debts.
PLPC has a Debt to FCF ratio of 0.91. This is amongst the best in the industry. PLPC outperforms 93.55% of its industry peers.
A Debt/Equity ratio of 0.07 indicates that PLPC is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.07, PLPC is doing good in the industry, outperforming 70.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.91 | ||
| Altman-Z | 5.72 |
ROIC/WACC0.98
WACC8.58%
2.3 Liquidity
PLPC has a Current Ratio of 3.08. This indicates that PLPC is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 3.08, PLPC is in the better half of the industry, outperforming 75.27% of the companies in the same industry.
PLPC has a Quick Ratio of 1.83. This is a normal value and indicates that PLPC is financially healthy and should not expect problems in meeting its short term obligations.
PLPC has a better Quick ratio (1.83) than 68.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.08 | ||
| Quick Ratio | 1.83 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.29% over the past year.
Measured over the past years, PLPC shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.36% on average per year.
The Revenue has been growing slightly by 7.96% in the past year.
PLPC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.94% yearly.
EPS 1Y (TTM)5.29%
EPS 3Y1.65%
EPS 5Y10.36%
EPS Q2Q%35.9%
Revenue 1Y (TTM)7.96%
Revenue growth 3Y4.69%
Revenue growth 5Y5.94%
Sales Q2Q%22.26%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
PLPC is valuated rather expensively with a Price/Earnings ratio of 18.59.
Compared to the rest of the industry, the Price/Earnings ratio of PLPC indicates a rather cheap valuation: PLPC is cheaper than 82.80% of the companies listed in the same industry.
PLPC is valuated rather cheaply when we compare the Price/Earnings ratio to 26.48, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.59 | ||
| Fwd PE | N/A |
4.2 Price Multiples
PLPC's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. PLPC is cheaper than 91.40% of the companies in the same industry.
84.95% of the companies in the same industry are more expensive than PLPC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.82 | ||
| EV/EBITDA | 9.17 |
4.3 Compensation for Growth
The decent profitability rating of PLPC may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.79
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a yearly dividend of 0.51%, PLPC is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.18, PLPC pays a better dividend. On top of this PLPC pays more dividend than 82.80% of the companies listed in the same industry.
With a Dividend Yield of 0.51, PLPC pays less dividend than the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.51% |
5.2 History
The dividend of PLPC decreases each year by -0.38%.
PLPC has been paying a dividend for at least 10 years, so it has a reliable track record.
PLPC has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-0.38%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
9.71% of the earnings are spent on dividend by PLPC. This is a low number and sustainable payout ratio.
DP9.71%
EPS Next 2YN/A
EPS Next 3YN/A
159.12
+4.68 (+3.03%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners48.21%
Inst Owner Change0.13%
Ins Owners30.83%
Ins Owner Change-11.35%
Market Cap786.05M
Analysts0
Price TargetN/A
Short Float %5.03%
Short Ratio0.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.51% |
Yearly Dividend0.83
Dividend Growth(5Y)-0.38%
DP9.71%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.59 | ||
| Fwd PE | N/A | ||
| P/S | 1.24 | ||
| P/FCF | 19.82 | ||
| P/OCF | 11.91 | ||
| P/B | 1.71 | ||
| P/tB | 1.87 | ||
| EV/EBITDA | 9.17 |
EPS(TTM)8.56
EY5.38%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)8.03
FCFY5.05%
OCF(TTM)13.36
OCFY8.4%
SpS127.98
BVpS93.27
TBVpS85.27
PEG (NY)N/A
PEG (5Y)1.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.71% | ||
| ROE | 9.19% | ||
| ROCE | 11.26% | ||
| ROIC | 8.37% | ||
| ROICexc | 9.6% | ||
| ROICexgc | 10.52% | ||
| OM | 9.2% | ||
| PM (TTM) | 6.7% | ||
| GM | 32.5% | ||
| FCFM | 6.27% |
ROA(3y)8.84%
ROA(5y)8.06%
ROE(3y)13.06%
ROE(5y)12.13%
ROIC(3y)10.93%
ROIC(5y)9.95%
ROICexc(3y)12.15%
ROICexc(5y)11.08%
ROICexgc(3y)13.41%
ROICexgc(5y)12.36%
ROCE(3y)14.92%
ROCE(5y)13.68%
ROICexcg growth 3Y-3.1%
ROICexcg growth 5Y2.76%
ROICexc growth 3Y-2.26%
ROICexc growth 5Y3.82%
OM growth 3Y-2.35%
OM growth 5Y3.13%
PM growth 3Y-3.26%
PM growth 5Y3.59%
GM growth 3Y-0.16%
GM growth 5Y0.23%
F-Score6
Asset Turnover1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.91 | ||
| Debt/EBITDA | 0.41 | ||
| Cap/Depr | 124.03% | ||
| Cap/Sales | 4.17% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.13% | ||
| Profit Quality | 93.63% | ||
| Current Ratio | 3.08 | ||
| Quick Ratio | 1.83 | ||
| Altman-Z | 5.72 |
F-Score6
WACC8.58%
ROIC/WACC0.98
Cap/Depr(3y)168.08%
Cap/Depr(5y)159.98%
Cap/Sales(3y)4.71%
Cap/Sales(5y)4.59%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.29%
EPS 3Y1.65%
EPS 5Y10.36%
EPS Q2Q%35.9%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)7.96%
Revenue growth 3Y4.69%
Revenue growth 5Y5.94%
Sales Q2Q%22.26%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y16.56%
EBIT growth 3Y2.24%
EBIT growth 5Y9.26%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y15.92%
FCF growth 3Y51.41%
FCF growth 5YN/A
OCF growth 1Y-15.56%
OCF growth 3Y26.17%
OCF growth 5Y19.91%