(PLPC) Preformed Line Products - Overview
Stock: Hardware, Closures, Connectors, Insulators, Drone
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 0.45% |
| Yield on Cost 5y | 1.18% |
| Yield CAGR 5y | 0.00% |
| Payout Consistency | 95.0% |
| Payout Ratio | 10.6% |
| Risk 5d forecast | |
|---|---|
| Volatility | 45.5% |
| Relative Tail Risk | -5.99% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.60 |
| Alpha | 77.08 |
| Character TTM | |
|---|---|
| Beta | 1.100 |
| Beta Downside | 0.767 |
| Drawdowns 3y | |
|---|---|
| Max DD | 39.35% |
| CAGR/Max DD | 1.18 |
Description: PLPC Preformed Line Products January 21, 2026
Preformed Line Products Company (NASDAQ: PLPC) designs and manufactures a broad portfolio of hardware and cable solutions for the construction and upkeep of overhead, ground-mounted, and underground utility networks across the energy, telecommunications, and data-communication sectors.
Key product lines include optical ground-wire (OPGW) systems, dielectric self-supporting fiber-optic cables, bolted, welded and compressed substation connectors, polymer insulators, wildlife-protection hardware, and motion-control devices. The firm also offers rugged outside-plant closures that shield fiber-optic and copper cables from moisture and environmental hazards, as well as cable-vibration dampening solutions, urethane products, and a suite of tools for utility and renewable-energy installations.
Beyond hardware, PLPC provides drone-based inspection services for transmission and distribution assets, substations, generation facilities, and communications infrastructure, and it has expanded into solar-panel framing and electric-vehicle (EV) charging support equipment.
The company serves a diversified customer base-public and private utilities, telecom operators, cable companies, government agencies, contractors, distributors, and value-added resellers-in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific, reaching markets through a direct sales force and a network of manufacturing representatives.
Founded in 1947 and headquartered in Mayfield Village, Ohio, PLPC reported FY 2023 revenue of approximately $1.0 billion with an operating margin near 9%, and its order backlog was roughly $300 million, reflecting strong demand from grid-modernization projects and broadband-expansion initiatives.
Sector drivers that are likely to sustain growth include rising U.S. federal and state investments in grid resiliency (e.g., the $65 billion Grid Resilience Initiative) and the accelerating rollout of fiber-to-the-home (FTTH) networks, which together boost demand for OPGW and rugged outdoor closures.
For a deeper, data-rich perspective on PLPC’s valuation dynamics, consider reviewing the company’s profile on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 37.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -0.77 > 1.0 |
| NWC/Revenue: 36.76% < 20% (prev 36.11%; Δ 0.64% < -1%) |
| CFO/TA 0.12 > 3% & CFO 75.6m > Net Income 37.3m |
| Net Debt (-26.1m) to EBITDA (71.9m): -0.36 < 3 |
| Current Ratio: 3.09 > 1.5 & < 3 |
| Outstanding Shares: last quarter (4.95m) vs 12m ago -0.52% < -2% |
| Gross Margin: 32.04% > 18% (prev 0.32%; Δ 3172 % > 0.5%) |
| Asset Turnover: 107.3% > 50% (prev 96.66%; Δ 10.62% > 0%) |
| Interest Coverage Ratio: 18.07 > 6 (EBITDA TTM 71.9m / Interest Expense TTM 2.77m) |
Altman Z'' 9.04
| A: 0.38 (Total Current Assets 360.3m - Total Current Liabilities 116.4m) / Total Assets 644.6m |
| B: 0.90 (Retained Earnings 577.0m / Total Assets 644.6m) |
| C: 0.08 (EBIT TTM 50.1m / Avg Total Assets 618.3m) |
| D: 2.95 (Book Value of Equity 525.8m / Total Liabilities 178.3m) |
| Altman-Z'' Score: 9.04 = AAA |
Beneish M -3.10
| DSRI: 0.94 (Receivables 120.8m/110.9m, Revenue 663.3m/572.2m) |
| GMI: 0.99 (GM 32.04% / 31.86%) |
| AQI: 0.88 (AQ_t 0.09 / AQ_t-1 0.10) |
| SGI: 1.16 (Revenue 663.3m / 572.2m) |
| TATA: -0.06 (NI 37.3m - CFO 75.6m) / TA 644.6m) |
| Beneish M-Score: -3.10 (Cap -4..+1) = AA |
What is the price of PLPC shares?
Over the past week, the price has changed by +11.74%, over one month by +20.67%, over three months by +34.95% and over the past year by +92.60%.
Is PLPC a buy, sell or hold?
What are the forecasts/targets for the PLPC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 221 | -21.2% |
| Analysts Target Price | 221 | -21.2% |
| ValueRay Target Price | 416 | 48.4% |
PLPC Fundamental Data Overview February 03, 2026
P/S = 1.863
P/B = 2.7027
Revenue TTM = 663.3m USD
EBIT TTM = 50.1m USD
EBITDA TTM = 71.9m USD
Long Term Debt = 31.3m USD (from longTermDebt, last quarter)
Short Term Debt = 9.31m USD (from shortTermDebt, last quarter)
Debt = 46.8m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -26.1m USD (from netDebt column, last quarter)
Enterprise Value = 963.8m USD (989.9m + Debt 46.8m - CCE 72.9m)
Interest Coverage Ratio = 18.07 (Ebit TTM 50.1m / Interest Expense TTM 2.77m)
EV/FCF = 22.85x (Enterprise Value 963.8m / FCF TTM 42.2m)
FCF Yield = 4.38% (FCF TTM 42.2m / Enterprise Value 963.8m)
FCF Margin = 6.36% (FCF TTM 42.2m / Revenue TTM 663.3m)
Net Margin = 5.62% (Net Income TTM 37.3m / Revenue TTM 663.3m)
Gross Margin = 32.04% ((Revenue TTM 663.3m - Cost of Revenue TTM 450.8m) / Revenue TTM)
Gross Margin QoQ = 29.68% (prev 32.66%)
Tobins Q-Ratio = 1.50 (Enterprise Value 963.8m / Total Assets 644.6m)
Interest Expense / Debt = 3.63% (Interest Expense 1.70m / Debt 46.8m)
Taxrate = 26.90% (13.7m / 50.8m)
NOPAT = 36.6m (EBIT 50.1m * (1 - 26.90%))
Current Ratio = 3.09 (Total Current Assets 360.3m / Total Current Liabilities 116.4m)
Debt / Equity = 0.10 (Debt 46.8m / totalStockholderEquity, last quarter 466.3m)
Debt / EBITDA = -0.36 (Net Debt -26.1m / EBITDA 71.9m)
Debt / FCF = -0.62 (Net Debt -26.1m / FCF TTM 42.2m)
Total Stockholder Equity = 446.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.03% (Net Income 37.3m / Total Assets 644.6m)
RoE = 8.36% (Net Income TTM 37.3m / Total Stockholder Equity 446.3m)
RoCE = 10.50% (EBIT 50.1m / Capital Employed (Equity 446.3m + L.T.Debt 31.3m))
RoIC = 7.62% (NOPAT 36.6m / Invested Capital 480.9m)
WACC = 9.64% (E(989.9m)/V(1.04b) * Re(9.97%) + D(46.8m)/V(1.04b) * Rd(3.63%) * (1-Tc(0.27)))
Discount Rate = 9.97% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.50%
[DCF Debug] Terminal Value 64.14% ; FCFF base≈42.6m ; Y1≈29.0m ; Y5≈14.3m
Fair Price DCF = 49.06 (EV 214.4m - Net Debt -26.1m = Equity 240.5m / Shares 4.90m; r=9.64% [WACC]; 5y FCF grow -37.26% → 2.90% )
EPS Correlation: -66.16 | EPS CAGR: -48.01% | SUE: N/A | # QB: 0
Revenue Correlation: 20.26 | Revenue CAGR: 8.43% | SUE: N/A | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.63 | Chg30d=N/A | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=10.17 | Chg30d=-0.020 | Revisions Net=-1 | Growth EPS=+43.6% | Growth Revenue=+13.7%