PREFORMED LINE PRODUCTS CO (PLPC) Stock Fundamental Analysis
USA - NASDAQ:PLPC - US7404441047 - Common Stock
206.03 USD
+5.24 (+2.61%)
206.03 USD
0 (0%)
Taking everything into account, PLPC scores 6 out of 10 in our fundamental rating. PLPC was compared to 92 industry peers in the Electrical Equipment industry. PLPC has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. PLPC has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year PLPC was profitable.
PLPC had a positive operating cash flow in the past year.
Each year in the past 5 years PLPC has been profitable.
In the past 5 years PLPC always reported a positive cash flow from operatings.
1.2 Ratios
PLPC's Return On Assets of 6.71% is amongst the best of the industry. PLPC outperforms 83.70% of its industry peers.
Looking at the Return On Equity, with a value of 9.19%, PLPC is in the better half of the industry, outperforming 79.35% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 8.37%, PLPC is in the better half of the industry, outperforming 79.35% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PLPC is in line with the industry average of 9.86%.
| 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
PLPC has a better Profit Margin (6.70%) than 81.52% of its industry peers.
In the last couple of years the Profit Margin of PLPC has grown nicely.
With a decent Operating Margin value of 9.20%, PLPC is doing good in the industry, outperforming 78.26% of the companies in the same industry.
PLPC's Operating Margin has improved in the last couple of years.
PLPC has a better Gross Margin (32.50%) than 75.00% 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.
PLPC has about the same amout of shares outstanding than it did 1 year ago.
PLPC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, PLPC has an improved debt to assets ratio.
2.2 Solvency
PLPC has an Altman-Z score of 6.60. This indicates that PLPC is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 6.60, PLPC belongs to the best of the industry, outperforming 89.13% of the companies in the same industry.
The Debt to FCF ratio of PLPC is 0.91, which is an excellent value as it means it would take PLPC, only 0.91 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PLPC (0.91) is better than 93.48% of its industry peers.
PLPC has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
PLPC has a Debt to Equity ratio of 0.07. This is in the better half of the industry: PLPC outperforms 71.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.91 | ||
| Altman-Z | 6.6 |
ROIC/WACC0.99
WACC8.48%
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.
PLPC has a Current ratio of 3.08. This is in the better half of the industry: PLPC outperforms 73.91% of its industry peers.
A Quick Ratio of 1.83 indicates that PLPC should not have too much problems paying its short term obligations.
PLPC has a Quick ratio of 1.83. This is in the better half of the industry: PLPC outperforms 67.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.08 | ||
| Quick Ratio | 1.83 |
3. Growth
3.1 Past
PLPC shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.29%.
PLPC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.36% yearly.
Looking at the last year, PLPC shows a small growth in Revenue. The Revenue has grown by 7.96% in the last year.
The Revenue has been growing slightly by 5.94% on average over the past years.
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.
PLPC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.84% yearly.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.12%
Revenue Next 2Y8.4%
Revenue Next 3Y7.84%
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 24.07, the valuation of PLPC can be described as rather expensive.
Based on the Price/Earnings ratio, PLPC is valued cheaply inside the industry as 80.43% of the companies are valued more expensively.
PLPC's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.07 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLPC is valued cheaply inside the industry as 88.04% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, PLPC is valued cheaply inside the industry as 82.61% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.56 | ||
| EV/EBITDA | 12.32 |
4.3 Compensation for Growth
PLPC has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.32
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
PLPC has a yearly dividend return of 0.40%, which is pretty low.
Compared to an average industry Dividend Yield of 3.03, PLPC pays a better dividend. On top of this PLPC pays more dividend than 82.61% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, PLPC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.4% |
5.2 History
The dividend of PLPC decreases each year by -0.38%.
PLPC has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of PLPC decreased in the last 3 years.
Dividend Growth(5Y)-0.38%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
PLPC pays out 9.71% of its income as dividend. This is a sustainable payout ratio.
DP9.71%
EPS Next 2YN/A
EPS Next 3YN/A
206.03
+5.24 (+2.61%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners46.29%
Inst Owner Change22.35%
Ins Owners30.93%
Ins Owner Change-13.3%
Market Cap1.01B
Analysts82.86
Price Target204 (-0.99%)
Short Float %6.6%
Short Ratio2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.4% |
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 | 24.07 | ||
| Fwd PE | N/A | ||
| P/S | 1.6 | ||
| P/FCF | 25.56 | ||
| P/OCF | 15.35 | ||
| P/B | 2.2 | ||
| P/tB | 2.41 | ||
| EV/EBITDA | 12.32 |
EPS(TTM)8.56
EY4.15%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)8.06
FCFY3.91%
OCF(TTM)13.42
OCFY6.51%
SpS128.5
BVpS93.65
TBVpS85.62
PEG (NY)N/A
PEG (5Y)2.32
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 | 6.6 |
F-Score6
WACC8.48%
ROIC/WACC0.99
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 Year10.12%
Revenue Next 2Y8.4%
Revenue Next 3Y7.84%
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%