Atkore Inc. (ATKR) vs Preformed Line Products Company (PLPC)

Atkore Inc. and Preformed Line Products Company are both Electrical Equipment & Parts companies. Atkore Inc. is the larger, with a market value of $3.2B against $2.1B — 1.5× the size. Atkore Inc. has negative trailing earnings, so its P/E is not meaningful; Preformed Line Products Company trades at 47.5×. Preformed Line Products Company grew revenue faster over the last twelve months: 17.1% against 1.63%. Preformed Line Products Company has the higher net margin (5.82% vs −5.51%) and the higher return on invested capital (9.05% vs 1.39%). Both pay a dividend; Preformed Line Products Company yields more (0.63% vs 0.33%). Across the 22 metrics below, Preformed Line Products Company leads on 15 and Atkore Inc. on 7.

Valuation

Metric ATKR PLPC Electrical Equipment & Parts median
P/E n/m 47.51 36.10
P/S 1.09 2.73 2.73
P/B 2.50 4.09 3.57
Price to free cash flow 50.60 58.28 33.31
EV/EBITDA 18.07 21.85 18.07
EV/Sales 1.23 2.68 2.75
Earnings yield (5.12%) 2.10% (5.84%)
Free cash flow yield 1.98% 1.72% 0.00%

Profitability

Metric ATKR PLPC Electrical Equipment & Parts median
Gross margin 19.98% 31.44% 25.38%
Operating margin 1.28% 8.98% 0.00%
Net margin (5.51%) 5.82% 0.00%
Free cash flow margin 2.15% 4.69% 0.00%
Return on equity (11.79%) 9.02% 0.94%
Return on assets (5.71%) 6.49% (1.50%)
Return on invested capital 1.39% 9.05% 0.00%

Growth

Metric ATKR PLPC Electrical Equipment & Parts median
Revenue growth (TTM) 1.63% 17.07% 9.28%
EPS growth (last fiscal year) (103.55%) (4.80%) —
Revenue growth, 5-year CAGR 10.06% 7.49% 9.80%
Net income growth, 5-year CAGR 0.00% 3.43% 0.00%

Health

Metric ATKR PLPC Electrical Equipment & Parts median
Debt to equity 0.60 0.08 0.08
Current ratio 2.73 2.99 2.18
Net debt to EBITDA 1.37 (0.58) 0.26

Dividend

Metric ATKR PLPC Electrical Equipment & Parts median
Dividend yield 0.33% 0.63% 0.84%
Payout ratio 0.00 0.06 0.00

Size

Metric ATKR PLPC Electrical Equipment & Parts median
Market cap 3.19b 2.13b 177.98m

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