PREFORMED LINE PRODUCTS CO (PLPC) Stock Fundamental Analysis
USA - NASDAQ:PLPC - US7404441047 - Common Stock
211.85 USD
+0.91 (+0.43%)
211.85 USD
0 (0%)
Taking everything into account, PLPC scores 7 out of 10 in our fundamental rating. PLPC was compared to 92 industry peers in the Electrical Equipment industry. PLPC gets an excellent profitability rating and is at the same time showing great financial health properties. PLPC has a correct valuation and a medium growth rate. These ratings would make PLPC suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year PLPC was profitable.
PLPC had a positive operating cash flow in the past year.
In the past 5 years PLPC has always been profitable.
PLPC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 6.71%, PLPC belongs to the best of the industry, outperforming 82.61% of the companies in the same industry.
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.
PLPC has a better Return On Invested Capital (8.37%) than 78.26% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PLPC is in line with the industry average of 10.26%.
| 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
Looking at the Profit Margin, with a value of 6.70%, PLPC belongs to the top of the industry, outperforming 80.43% of the companies in the same industry.
PLPC's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 9.20%, PLPC is in the better half of the industry, outperforming 78.26% of the companies in the same industry.
In the last couple of years the Operating Margin of PLPC has grown nicely.
PLPC has a Gross Margin of 32.50%. This is in the better half of the industry: PLPC outperforms 73.91% 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PLPC is still 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.
The debt/assets ratio for PLPC has been reduced compared to a year ago.
2.2 Solvency
PLPC has an Altman-Z score of 6.68. This indicates that PLPC is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of PLPC (6.68) is better than 86.96% 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.
The Debt to FCF ratio of PLPC (0.91) is better than 93.48% of its industry peers.
A Debt/Equity ratio of 0.07 indicates that PLPC is not too dependend on debt financing.
PLPC has a better Debt to Equity ratio (0.07) than 73.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.91 | ||
| Altman-Z | 6.68 |
ROIC/WACC0.98
WACC8.53%
2.3 Liquidity
A Current Ratio of 3.08 indicates that PLPC has no problem at all paying its short term obligations.
PLPC has a Current ratio of 3.08. This is in the better half of the industry: PLPC outperforms 75.00% of its industry peers.
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 68.48% 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 grown by an nice 13.63% over the past year.
The Earnings Per Share has been growing by 10.36% on average over the past years. This is quite good.
Looking at the last year, PLPC shows a quite strong growth in Revenue. The Revenue has grown by 15.93% in the last 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)13.63%
EPS 3Y1.65%
EPS 5Y10.36%
EPS Q2Q%-65.56%
Revenue 1Y (TTM)15.93%
Revenue growth 3Y4.69%
Revenue growth 5Y5.94%
Sales Q2Q%21.17%
3.2 Future
Based on estimates for the next years, PLPC will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.34% on average per year.
Based on estimates for the next years, PLPC will show a quite strong growth in Revenue. The Revenue will grow by 12.51% on average per year.
EPS Next Y27.73%
EPS Next 2Y17.62%
EPS Next 3Y15.34%
EPS Next 5YN/A
Revenue Next Year10.12%
Revenue Next 2Y15.02%
Revenue Next 3Y12.51%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 28.06, the valuation of PLPC can be described as expensive.
Based on the Price/Earnings ratio, PLPC is valued a bit cheaper than 78.26% of the companies in the same industry.
When comparing the Price/Earnings ratio of PLPC to the average of the S&P500 Index (26.13), we can say PLPC is valued inline with the index average.
The Price/Forward Earnings ratio is 20.42, which indicates a rather expensive current valuation of PLPC.
81.52% of the companies in the same industry are more expensive than PLPC, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of PLPC to the average of the S&P500 Index (22.35), we can say PLPC is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.06 | ||
| Fwd PE | 20.42 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PLPC indicates a rather cheap valuation: PLPC is cheaper than 88.04% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PLPC indicates a rather cheap valuation: PLPC is cheaper than 84.78% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.28 | ||
| EV/EBITDA | 12.63 |
4.3 Compensation for Growth
PLPC's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PLPC has a very decent profitability rating, which may justify a higher PE ratio.
PLPC's earnings are expected to grow with 15.34% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.01
PEG (5Y)2.71
EPS Next 2Y17.62%
EPS Next 3Y15.34%
5. Dividend
5.1 Amount
With a yearly dividend of 0.38%, PLPC is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.00, PLPC pays a better dividend. On top of this PLPC pays more dividend than 82.61% of the companies listed in the same industry.
With a Dividend Yield of 0.38, PLPC pays less dividend than the S&P500 average, which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.38% |
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
9.71% of the earnings are spent on dividend by PLPC. This is a low number and sustainable payout ratio.
DP9.71%
EPS Next 2Y17.62%
EPS Next 3Y15.34%
211.85
+0.91 (+0.43%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners61.93%
Inst Owner Change-0.34%
Ins Owners30.57%
Ins Owner Change-14.34%
Market Cap1.04B
Revenue(TTM)663.35M
Net Income(TTM)42.35M
Analysts82.86
Price Target204 (-3.71%)
Short Float %8.03%
Short Ratio2.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.38% |
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)0%
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.06 | ||
| Fwd PE | 20.42 | ||
| P/S | 1.65 | ||
| P/FCF | 26.28 | ||
| P/OCF | 15.79 | ||
| P/B | 2.26 | ||
| P/tB | 2.47 | ||
| EV/EBITDA | 12.63 |
EPS(TTM)7.55
EY3.56%
EPS(NY)10.37
Fwd EY4.9%
FCF(TTM)8.06
FCFY3.8%
OCF(TTM)13.42
OCFY6.33%
SpS128.5
BVpS93.65
TBVpS85.62
PEG (NY)1.01
PEG (5Y)2.71
Graham Number126.13
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%
ROICexgc growth 3Y-3.1%
ROICexgc 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 | 6.68 |
F-Score6
WACC8.53%
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)13.63%
EPS 3Y1.65%
EPS 5Y10.36%
EPS Q2Q%-65.56%
EPS Next Y27.73%
EPS Next 2Y17.62%
EPS Next 3Y15.34%
EPS Next 5YN/A
Revenue 1Y (TTM)15.93%
Revenue growth 3Y4.69%
Revenue growth 5Y5.94%
Sales Q2Q%21.17%
Revenue Next Year10.12%
Revenue Next 2Y15.02%
Revenue Next 3Y12.51%
Revenue Next 5YN/A
EBIT growth 1Y16.56%
EBIT growth 3Y2.24%
EBIT growth 5Y9.26%
EBIT Next Year70.81%
EBIT Next 3Y26.19%
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%
PREFORMED LINE PRODUCTS CO / PLPC FAQ
What is the fundamental rating for PLPC stock?
ChartMill assigns a fundamental rating of 7 / 10 to PLPC.
Can you provide the valuation status for PREFORMED LINE PRODUCTS CO?
ChartMill assigns a valuation rating of 6 / 10 to PREFORMED LINE PRODUCTS CO (PLPC). This can be considered as Fairly Valued.
How profitable is PREFORMED LINE PRODUCTS CO (PLPC) stock?
PREFORMED LINE PRODUCTS CO (PLPC) has a profitability rating of 7 / 10.
How financially healthy is PREFORMED LINE PRODUCTS CO?
The financial health rating of PREFORMED LINE PRODUCTS CO (PLPC) is 8 / 10.
What is the earnings growth outlook for PREFORMED LINE PRODUCTS CO?
The Earnings per Share (EPS) of PREFORMED LINE PRODUCTS CO (PLPC) is expected to grow by 27.73% in the next year.