Preformed Line Products Company

The company designs and manufactures products for energy, telecommunication, cable, and data communication industries. It offers optical ground wire products, connectors, string hardware, polymer insulators, wildlife protection, substation fittings, and motion control devices. Products include rugged outside plant closures to protect wireline and wireless networks from moisture and environmental hazards. The company also provides hardware assemblies, pole line hardware, plastic products, cable dynamics/vibration solutions, interior/exterior connectors, tools, and urethane solutions. It serves public and private energy utilities, communication companies, cable operators, governmental agencies, contractors, distributors, and value-added resellers globally. Products are marketed through a direct sales force and manufacturing representatives. The company was incorporated in 1947 and is headquartered in Mayfield Village, Ohio.

Overview

Sector

Electrical Components

Target Price

267.3 USD

Current Price

151.4 USD

Potential

75%

Strengths

With an appreciation Potential of 74.75%, based on our fundamental analysis, it suggests the stock may be undervalued.
Price to book ratio (1.78) is lower than the sector mean (2.96).
Analysts expect revenues to grow in the coming year.
The company is well capitalized. The company has net cash and no outstanding debt.
The company has high returns. ROIC (14.97%) is higher than the sector mean (10.79%).
EV/EBITDA (9.79) is lower than the sector mean (37.04).
EV/EBIT (13.64) is lower than the sector mean.
Price to free cash flow (14.23) is lower than the sector mean.

Weaknesses

No significant weaknesses identified based on the analyzed metrics.

Key Financial Data

Indicator	Value
PER	20.3
EV/EBITDA	9.8
Price/Free Cash Flow'	14.2
ROIC	15.0%
Net Debt/EBITDA	-0.4