Preformed Line Products Company

DB:P4L Stock Report

Market Cap: €671.1m

Preformed Line Products Valuation

Is P4L undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of P4L when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: P4L (€126) is trading above our estimate of fair value (€29.62)

Significantly Below Fair Value: P4L is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for P4L?

Key metric: As P4L is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for P4L. This is calculated by dividing P4L's market cap by their current earnings.
What is P4L's PE Ratio?
PE Ratio20.4x
EarningsUS$32.97m
Market CapUS$703.10m

Price to Earnings Ratio vs Peers

How does P4L's PE Ratio compare to its peers?

The above table shows the PE ratio for P4L vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.2x
SGL SGL Carbon
7.3x17.7%€501.3m
F3C SFC Energy
12.6x4.2%€294.1m
OSR OSRAM Licht
81.3xn/a€4.8b
EKT Energiekontor
7.8x9.1%€578.1m
P4L Preformed Line Products
20.4xn/a€703.1m

Price-To-Earnings vs Peers: P4L is good value based on its Price-To-Earnings Ratio (20.4x) compared to the peer average (27.2x).


Price to Earnings Ratio vs Industry

How does P4L's PE Ratio compare vs other companies in the European Electrical Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
P4L 20.4xIndustry Avg. 16.3xNo. of Companies10PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: P4L is expensive based on its Price-To-Earnings Ratio (20.4x) compared to the European Electrical industry average (16.3x).


Price to Earnings Ratio vs Fair Ratio

What is P4L's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

P4L PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate P4L's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies