Pioneer Power Solutions
Market Cap
US$20.8m
Last Updated
2020/01/23 00:29 UTC
Data Sources
Company Financials
Executive Summary
Pioneer Power Solutions, Inc., together with its subsidiaries, manufactures, sells, and services specialty electrical transmission, distribution, and on-site power generation equipment in the United States, Canada, and internationally.
Risk Analysis
Earnings have declined by -26.91% per year over past 5 years
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet and overvalued.
Similar Companies
Share Price & News
How has Pioneer Power Solutions's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PPSI has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-4.0%
PPSI
0.6%
US Electrical
0.6%
US Market
1 Year Return
-53.0%
PPSI
25.5%
US Electrical
24.6%
US Market
Return vs Industry: PPSI underperformed the US Electrical industry which returned 24.7% over the past year.
Return vs Market: PPSI underperformed the US Market which returned 24.7% over the past year.
Shareholder returns
| PPSI | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.0% | 0.6% | 0.6% |
| 30 Day | 8.0% | 0.3% | 3.0% |
| 90 Day | -31.0% | 11.9% | 10.6% |
| 1 Year | -33.6%-53.0% | 28.1%25.5% | 27.3%24.6% |
| 3 Year | -60.2%-71.8% | 35.6%27.8% | 50.5%40.8% |
| 5 Year | -62.4%-73.4% | 60.3%44.2% | 78.9%59.1% |
Price Volatility Vs. Market
How volatile is Pioneer Power Solutions's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Does Pioneer Power Solutions, Inc.'s (NASDAQ:PPSI) CEO Pay Reflect Performance?3 months ago | Simply Wall St
Does Pioneer Power Solutions (NASDAQ:PPSI) Have A Healthy Balance Sheet?4 months ago | Simply Wall St
Could Pioneer Power Solutions, Inc.'s (NASDAQ:PPSI) Investor Composition Influence The Stock Price?Valuation
Is Pioneer Power Solutions undervalued compared to its fair value and its price relative to the market?
1.43x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PPSI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PPSI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PPSI is unprofitable, so we can't compare its PE Ratio to the Electrical industry average.
PE vs Market: PPSI is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PPSI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PPSI is good value based on its PB Ratio (1.5x) compared to the US Electrical industry average (1.8x).
Next Steps
Future Growth
How is Pioneer Power Solutions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
9.4%
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 Pioneer Power Solutions 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.
Next Steps
- Examine Pioneer Power Solutions's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Pioneer Power Solutions performed over the past 5 years?
-26.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PPSI is currently unprofitable.
Growing Profit Margin: PPSI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PPSI is unprofitable, and losses have increased over the past 5 years at a rate of -26.9% per year.
Accelerating Growth: Unable to compare PPSI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PPSI is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (4.2%).
Return on Equity
High ROE: PPSI has a negative Return on Equity (-30.04%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Pioneer Power Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: PPSI's short term assets ($25.3M) exceed its short term liabilities ($22.6M).
Long Term Liabilities: PPSI's short term assets ($25.3M) exceed its long term liabilities ($2.9M).
Debt to Equity History and Analysis
Debt Level: PPSI's debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: PPSI's debt to equity ratio has reduced from 29.8% to 0.9% over the past 5 years.
Balance Sheet
Inventory Level: PPSI has a low level of unsold assets or inventory.
Debt Coverage by Assets: PPSI's debt is covered by short term assets (assets are 186x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PPSI has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: PPSI has sufficient cash runway for 2.6 years if free cash flow continues to grow at historical rates of 97.9% each year.
Next Steps
Dividend
What is Pioneer Power Solutions's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate PPSI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PPSI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PPSI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PPSI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PPSI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of Pioneer Power Solutions's salary, the management and board of directors tenure and is there insider trading?
10.1yrs
Average board tenure
CEO
Nathan Mazurek (57yo)
10.1yrs
Tenure
US$481,814
Compensation
Mr. Nathan J. Mazurek has been the Chief Executive Officer and President of Pioneer Power Solutions, Inc. and Transformateur Bemag, Inc. since December 2, 2009. Mr. Mazurek has been the President of Provid ...
CEO Compensation Analysis
Compensation vs Market: Nathan's total compensation ($USD481.81K) is about average for companies of similar size in the US market ($USD519.76K).
Compensation vs Earnings: Nathan's compensation has been consistent with company performance over the past year.
Board Age and Tenure
10.1yrs
Average Tenure
57yo
Average Age
Experienced Board: PPSI's board of directors are seasoned and experienced ( 10.1 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Nathan Mazurek (57yo)
President
- Tenure: 10.1yrs
- Compensation: US$481.81k
Tom Klink (57yo)
CFO, Secretary
- Tenure: 9.8yrs
- Compensation: US$378.48k
Board Members
Nathan Mazurek (57yo)
President
- Tenure: 10.1yrs
- Compensation: US$481.81k
Jonathan Tulkoff (58yo)
Independent Director
- Tenure: 10.1yrs
- Compensation: US$21.81k
David Tesler (45yo)
Independent Director
- Tenure: 10.1yrs
- Compensation: US$16.81k
Yossi Cohn (41yo)
Independent Director
- Tenure: 10.1yrs
- Compensation: US$20.81k
Tom Klink (57yo)
CFO, Secretary
- Tenure: 9.8yrs
- Compensation: US$378.48k
Ian Ross (75yo)
Independent Director
- Tenure: 8.8yrs
- Compensation: US$21.81k
Company Information
Pioneer Power Solutions, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Pioneer Power Solutions, Inc.
- Ticker: PPSI
- Exchange: NasdaqCM
- Founded: 2008
- Industry: Heavy Electrical Equipment
- Sector: Capital Goods
- Market Cap: US$20.772m
- Shares outstanding: 8.73m
- Website: https://www.pioneerpowersolutions.com
Number of Employees
Location
- Pioneer Power Solutions, Inc.
- One Parker Plaza
- 12th Floor
- Fort Lee
- New Jersey
- 7024
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PPSI | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Dec 2009 |
Biography
Pioneer Power Solutions, Inc., together with its subsidiaries, manufactures, sells, and services specialty electrical transmission, distribution, and on-site power generation equipment in the United States, Canada, and internationally. The company operates in two segments, Transmission & Distribution Solutions and Critical Power Solutions. The Transmission & Distribution Solutions segment offers liquid-filled and dry-type power, distribution, and specialty electrical transformers used in the control and conditioning of electrical current; and magnetically-driven solutions for clean power. The Critical Power Solutions segment engages in commissioning and providing aftermarket service of onsite power generation and control equipment. Pioneer Power Solutions, Inc. sells its products to electrical utilities, independent power providers, electrical co-ops, industrial companies, commercial users, and electric equipment wholesalers, municipal power systems, engineering and construction firms, and various electrical distributors through its direct sales force and a network of independent sales agents. The company was founded in 2008 and is headquartered in Fort Lee, New Jersey. Pioneer Power Solutions, Inc. is a subsidiary of Provident Pioneer Partners, L.P.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/23 00:29 |
| End of Day Share Price | 2020/01/22 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.