Preformed Line Products Company (PLPC) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-70.7%

$81.57

vs $278.68 price

Levered DCF

$118.47

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

6.59

Safe zone

Rating

A-

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	28.83×	16.9×	10.4×	7.55×	8.89×	11.31×	13.03×	10.27×
P/B	2.14×	1.49×	1.58×	1.15×	1×	1.15×	1.13×	1.09×
P/S	1.52×	1.06×	0.98×	0.64×	0.61×	0.72×	0.68×	0.65×
EV / EBITDA	14.03×	8.44×	6.52×	5.06×	5.51×	6.58×	7.35×	5.84×
Gross margin	31.2%	32.0%	35.1%	33.8%	32.1%	33.0%	31.6%	31.4%
Operating margin	8.2%	8.5%	12.6%	10.9%	9.2%	8.6%	7.3%	7.8%
Net margin	5.3%	6.2%	9.5%	8.5%	6.9%	6.4%	5.2%	6.3%
Current ratio	3.17×	2.91×	2.92×	2.85×	2.58×	2.47×	2.86×	3.08×
Debt / equity	0.1×	0.09×	0.17×	0.27×	0.22×	0.23×	0.28×	0.14×
Interest coverage	42.31×	22.85×	21.55×	21.58×	23.5×	16.78×	14.72×	25.53×
Dividend yield	0.4%	0.6%	0.6%	1.0%	1.3%	1.2%	1.4%	1.5%
Payout ratio	11.7%	11.0%	6.5%	7.5%	11.6%	14.0%	18.2%	15.4%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	7.4%	8.8%	15.2%	15.2%	11.3%	10.2%	8.7%	10.7%
Return on invested capital	7.8%	7.8%	12.8%	10.8%	8.6%	7.7%	6.6%	9.0%
Return on assets	5.4%	6.5%	10.5%	9.6%	7.3%	6.5%	5.4%	7.4%
Free cash flow yield	3.3%	8.4%	11.0%	-3.5%	4.8%	5.1%	-0.7%	4.9%
Earnings yield	3.5%	5.9%	9.6%	13.2%	11.3%	8.8%	7.7%	9.7%
Enterprise value	$981.1M	$607.1M	$676.8M	$471.6M	$350.8M	$358.7M	$340.8M	$264.8M
Net debt / EBITDA	-0.51×	-0.28×	0.18×	0.65×	0.52×	0.4×	0.8×	-0.18×
Cash conversion cycle (days)	140	148	151	159	144	150	149	138