Hayward Holdings, Inc. (HAYW) vs Preformed Line Products Company (PLPC)

Hayward Holdings, Inc. and Preformed Line Products Company are both Electrical Equipment & Parts companies. Hayward Holdings, Inc. is the larger, with a market value of $2.7B against $2.1B — 1.2× the size. Hayward Holdings, Inc. trades at the lower P/E: 16.8× against 47.5×. Preformed Line Products Company grew revenue faster over the last twelve months: 17.1% against 7.78%. Hayward Holdings, Inc. has the higher net margin (13.8% vs 5.82%) and the lower return on invested capital (7.43% vs 9.05%). Across the 22 metrics below, Hayward Holdings, Inc. leads on 15 and Preformed Line Products Company on 7.

Valuation

Metric HAYW PLPC Electrical Equipment & Parts median
P/E 16.84 47.51 36.10
P/S 2.34 2.73 2.73
P/B 1.71 4.09 3.57
Price to free cash flow 13.38 58.28 33.31
EV/EBITDA 10.43 21.85 18.07
EV/Sales 2.75 2.68 2.75
Earnings yield 5.94% 2.10% (5.84%)
Free cash flow yield 7.47% 1.72% 0.00%

Profitability

Metric HAYW PLPC Electrical Equipment & Parts median
Gross margin 47.95% 31.44% 25.38%
Operating margin 21.15% 8.98% 0.00%
Net margin 13.83% 5.82% 0.00%
Free cash flow margin 17.50% 4.69% 0.00%
Return on equity 10.41% 9.02% 0.94%
Return on assets 5.25% 6.49% (1.50%)
Return on invested capital 7.43% 9.05% 0.00%

Growth

Metric HAYW PLPC Electrical Equipment & Parts median
Revenue growth (TTM) 7.78% 17.07% 9.28%
EPS growth (last fiscal year) 25.93% (4.80%) —
Revenue growth, 5-year CAGR 5.09% 7.49% 9.80%
Net income growth, 5-year CAGR 28.60% 3.43% 0.00%

Health

Metric HAYW PLPC Electrical Equipment & Parts median
Debt to equity 0.60 0.08 0.08
Current ratio 3.33 2.99 2.18
Net debt to EBITDA 1.90 (0.58) 0.26

Dividend

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

Size

Metric HAYW PLPC Electrical Equipment & Parts median
Market cap 2.66b 2.13b 177.98m

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