FuelCell Energy, Inc. (FCEL) vs Preformed Line Products Company (PLPC)

FuelCell Energy, Inc. and Preformed Line Products Company are both Electrical Equipment & Parts companies. Preformed Line Products Company is the larger, with a market value of $2.1B against $1.3B — 1.6× the size. FuelCell Energy, 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 1.09%. Preformed Line Products Company has the higher net margin (5.82% vs −115.7%) and the higher return on invested capital (9.05% vs −24.1%). Across the 19 metrics below, Preformed Line Products Company leads on 15 and FuelCell Energy, Inc. on 4.

Valuation

Metric FCEL PLPC Electrical Equipment & Parts median
P/E n/m 47.51 36.10
P/S 7.53 2.73 2.73
P/B 1.18 4.09 3.57
Price to free cash flow n/m 58.28 33.31
EV/EBITDA n/m 21.85 18.07
EV/Sales 4.17 2.68 2.75
Earnings yield (20.80%) 2.10% (5.84%)
Free cash flow yield (9.75%) 1.72% 0.00%

Profitability

Metric FCEL PLPC Electrical Equipment & Parts median
Gross margin (32.39%) 31.44% 25.38%
Operating margin (116.25%) 8.98% 0.00%
Net margin (115.68%) 5.82% 0.00%
Free cash flow margin (73.46%) 4.69% 0.00%
Return on equity (23.03%) 9.02% 0.94%
Return on assets (16.65%) 6.49% (1.50%)
Return on invested capital (24.06%) 9.05% 0.00%

Growth

Metric FCEL PLPC Electrical Equipment & Parts median
Revenue growth (TTM) 1.09% 17.07% 9.28%
EPS growth (last fiscal year) 5.24% (4.80%) —
Revenue growth, 5-year CAGR 17.42% 7.49% 9.80%
Net income growth, 5-year CAGR 0.00% 3.43% 0.00%

Health

Metric FCEL PLPC Electrical Equipment & Parts median
Debt to equity 0.17 0.08 0.08
Current ratio 8.67 2.99 2.18
Net debt to EBITDA 1.08 (0.58) 0.26

Dividend

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

Size

Metric FCEL PLPC Electrical Equipment & Parts median
Market cap 1.34b 2.13b 177.98m

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