PLPC
Preformed Line Products Company
PLPC's fundamentals are strong, but it looks expensive: trading at 25x earnings, about twice its usual 11x. Analysts expect strong earnings growth.
PLPC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Strong |
PLPC's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
PLPC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9x | $108 | -63% |
| Fair | 11x | $136 | -54% |
| Forward | 21x | $294 | — |
| Expensive | 23x | $269 | -8.4% |
| Current | 25x | $294 | — |
Historical ranges are pointers, not guarantees.
PLPC's PE is in its expensive range at 25x. If earnings grow as analysts expect, today's price would be 21x next year's earnings.
PLPC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for PLPC, with profitability improving.
PLPC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.95 | +17% |
| Q3 2026 | $11.91 | +58% |
| Q2 2026 | $8.88 | +3.7% |
| Q1 2026 | $6.95 | -12% |
| Q4 2025 | $7.14 | -4.8% |
| Q3 2025 | $7.55 | +13% |
| Q2 2025 | $8.56 | +5% |
| Q1 2025 | $7.89 | -24% |
| Q4 2024 | $7.50 | -41% |
PLPC earned $11.91 per share over the past year, up 58% from the year before.
PLPC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $209.5M | +18% |
| Q2 2026 | $212.7M | +25% |
| Q1 2026 | $176.3M | +19% |
| Q4 2025 | $173.1M | +3.6% |
| Q3 2025 | $178.1M | +21% |
| Q2 2025 | $169.6M | +22% |
| Q1 2025 | $148.5M | +5.4% |
| Q4 2024 | $167.1M | +15% |
PLPC's revenue has grown year over year for eight quarters in a row: $210M last quarter, up 18% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 12% | +4.5 points |
| Q2 2026 | 13% | +3 points |
| Q1 2026 | 7.8% | -1.1 points |
| Q4 2025 | 6.8% | -3.7 points |
| Q3 2025 | 7.4% | +0.3 points |
| Q2 2025 | 10% | +2 points |
| Q1 2025 | 8.8% | +0.6 points |
| Q4 2024 | 10% | +5.7 points |
PLPC's operating margin was 12% last quarter, up 4.5 points from the same quarter a year ago.
PLPC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $10.1M | +22% |
| Q2 2026 | $18.3M | -1.6% |
| Q1 2026 | -$3.9M | +$1.4M |
| Q4 2025 | $11.8M | -43% |
| Q3 2025 | $8.3M | +44% |
| Q2 2025 | $18.6M | -24% |
| Q1 2025 | -$5.3M | -390% |
| Q4 2024 | $20.6M | +86% |
PLPC still generates free cash flow, though less than at its 2023 peak: $36M over the past year.
PLPC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +5.8% | +278K shares |
| 1 year | +2.7% | +131K shares |
| 3 years | +1.6% | +82K shares |
| 5 years | +1.9% | +97K shares |
| Available history | -0.3% | -15K shares |
PLPC has 5M diluted shares, up 2.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $285,000 |
| Q2 2026 | $286,000 |
| Q1 2026 | $652,000 |
| Q4 2025 | $660,000 |
| Q3 2025 | $258,000 |
| Q2 2025 | — |
| Q1 2025 | $131,000 |
| Q4 2024 | $113,000 |
PLPC spent $2M buying back its own shares over the past year, about four times what it spent the year before.
PLPC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.4x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.4x | Net Cash |
| Q4 2025 | -0.5x | Net Cash |
| Q3 2025 | -0.5x | Net Cash |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | -0.4x | Net Cash |
| Q4 2024 | -0.4x | Net Cash |
PLPC has more cash than debt.
PLPC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.7 | Neutral |
| Stochastic | 9.7 | Oversold |
PLPC's weekly RSI is 41 (neutral) and its Stochastic is 10 (oversold).
PLPC PE vs Industrials Sector
| Metric | PLPC | Sector median | Relative |
|---|---|---|---|
| PE | 25x | 24x | 2.7% above |
| PE % | 85 | 58 | 27 pts above |
PLPC is trading at 25x earnings, in line with the Industrials sector's median of 24x.
PLPC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $346.2 | 15% below |
| 20 week MA | $374.0 | 21% below |
| 50 week MA | $324.1 | 9.4% below |
| 100 week MA | $242.6 | 21% above |
| 200 week MA | $187.8 | 56% above |
PLPC has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 56% above its 200-week average.
PLPC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $60.7 | $65.7 | +8.3% |
| 2021 | $65.7 | $60.8 | -7.5% |
| 2022 | $60.8 | $81.9 | +35% |
| 2023 | $81.9 | $133.9 | +64% |
| 2024 | $133.9 | $127.0 | -5.1% |
| 2025 | $127.0 | $212.8 | +68% |
| 2026 YTD | $212.8 | $293.8 | +38% |
PLPC has finished higher in four of the last six years, two of them by more than 50%. It's up 38% so far in 2026.