Preformed Line Products Company, together with its subsidiaries, designs and manufactures products and systems used in the construction and maintenance of overhead and underground networks for the energy, telecommunication, cable operator, information, and other industries.
PLPC passed our risk checks.
Excellent balance sheet with proven track record.
Share Price & News
How has Preformed Line Products's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PLPC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PLPC underperformed the US Electrical industry which returned 27.1% over the past year.
Return vs Market: PLPC exceeded the US Market which returned 16.8% over the past year.
Price Volatility Vs. Market
How volatile is Preformed Line Products's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StHere's What You Should Know About Preformed Line Products Company's (NASDAQ:PLPC) 1.4% Dividend Yield
1 day ago | Simply Wall StIf You Like EPS Growth Then Check Out Preformed Line Products (NASDAQ:PLPC) Before It's Too Late
2 weeks ago | Simply Wall StCan You Imagine How Preformed Line Products' (NASDAQ:PLPC) Shareholders Feel About The 50% Share Price Increase?
Is Preformed Line Products undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PLPC ($57.96) is trading above our estimate of fair value ($9.76)
Significantly Below Fair Value: PLPC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PLPC is good value based on its PE Ratio (10.4x) compared to the US Electrical industry average (23.6x).
PE vs Market: PLPC is good value based on its PE Ratio (10.4x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PLPC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PLPC is good value based on its PB Ratio (1.1x) compared to the US Electrical industry average (2.5x).
How is Preformed Line Products forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Preformed Line Products has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Preformed Line Products is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Capital Goods industry.
How has Preformed Line Products performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PLPC has high quality earnings.
Growing Profit Margin: PLPC's current net profit margins (6.1%) are higher than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: PLPC's earnings have grown significantly by 24.6% per year over the past 5 years.
Accelerating Growth: PLPC's earnings growth over the past year (15.5%) is below its 5-year average (24.6% per year).
Earnings vs Industry: PLPC earnings growth over the past year (15.5%) exceeded the Electrical industry -20.9%.
Return on Equity
High ROE: PLPC's Return on Equity (10.5%) is considered low.
How is Preformed Line Products's financial position?
Financial Position Analysis
Short Term Liabilities: PLPC's short term assets ($238.2M) exceed its short term liabilities ($84.3M).
Long Term Liabilities: PLPC's short term assets ($238.2M) exceed its long term liabilities ($87.8M).
Debt to Equity History and Analysis
Debt Level: PLPC's debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: PLPC's debt to equity ratio has increased from 13% to 27.6% over the past 5 years.
Debt Coverage: PLPC's debt is well covered by operating cash flow (42%).
Interest Coverage: PLPC's interest payments on its debt are well covered by EBIT (17.9x coverage).
What is Preformed Line Products's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PLPC's dividend (1.38%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: PLPC's dividend (1.38%) is low compared to the top 25% of dividend payers in the US market (4.29%).
Stability and Growth of Payments
Stable Dividend: PLPC's dividends per share have been stable in the past 10 years.
Growing Dividend: PLPC's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.4%), PLPC's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Ruhlman (63 yo)
Mr. Robert G. Ruhlman, also known as Rob, is the Co-Owner at Barbara P Ruhlman Revocable Trust. He has been the Chairman, Chief Executive Officer and President of Preformed Line Products Company since July ...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD4.79M) is above average for companies of similar size in the US market ($USD1.27M).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
|Chief Operating Officer||1.58yrs||US$1.62m||0.16% |
|no data||no data||no data|
|Chief Financial Officer||0.33yr||no data||0.082% |
|General Counsel & Corporate Secretary||13.58yrs||no data||no data|
|Vice President of Sales||8.33yrs||no data||0.19% |
|VP of Marketing & Business Development and Director||5.08yrs||no data||0.13% |
|Vice President of Human Resources||1.58yrs||no data||0.0019% |
Experienced Management: PLPC's management team is considered experienced (4.7 years average tenure).
|VP of Marketing & Business Development and Director||5.08yrs||no data||0.13% |
|Independent Director||12.5yrs||US$40.00k||0.12% |
|Independent Director||12.5yrs||US$118.28k||0.12% |
|Independent Director||15.83yrs||US$118.28k||0.079% |
|Director Emeritus||4yrs||US$18.75k||28.78% |
|Independent Director||4yrs||US$108.28k||0.020% |
|Independent Director||11.5yrs||US$108.28k||0.069% |
Experienced Board: PLPC's board of directors are seasoned and experienced ( 11.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PLPC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Preformed Line Products Company's company bio, employee growth, exchange listings and data sources
- Name: Preformed Line Products Company
- Ticker: PLPC
- Exchange: NasdaqGS
- Founded: 1947
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: US$284.880m
- Shares outstanding: 4.92m
- Website: https://www.preformed.com
Number of Employees
- Preformed Line Products Company
- 660 Beta Drive
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PLPC||NasdaqGS (Nasdaq Global Select)||Yes||Common Shares||US||USD||Oct 1990|
Preformed Line Products Company, together with its subsidiaries, designs and manufactures products and systems used in the construction and maintenance of overhead and underground networks for the energy, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/11 23:42|
|End of Day Share Price||2020/08/11 00:00|