Preformed Line Products Company (PLPC) vs Plug Power, Inc. (PLUG)

Preformed Line Products Company and Plug Power, Inc. are both Electrical Equipment & Parts companies. Plug Power, Inc. is the larger, with a market value of $1.9B against $1.2B — 1.5× the size. Plug Power, Inc. has negative trailing earnings, so its P/E is not meaningful; Preformed Line Products Company trades at 21.2×. Preformed Line Products Company grew revenue faster over the last twelve months: 16.3% against 10.6%. Preformed Line Products Company has the higher net margin (7.58% vs −220.6%) and the higher return on invested capital (10.5% vs −74.2%). Across the 19 metrics below, Preformed Line Products Company leads on 18 and Plug Power, Inc. on 1.

Valuation

Metric PLPC PLUG Electrical Equipment & Parts median
P/E 21.22 n/m 24.14
P/S 1.66 2.54 2.33
P/B 2.49 3.22 2.49
Price to free cash flow 35.15 n/m 22.24
EV/EBITDA 11.91 n/m 12.18
EV/Sales 1.60 3.21 1.79
Earnings yield 4.71% (92.65%) (6.07%)
Free cash flow yield 2.84% (27.57%) (5.34%)

Profitability

Metric PLPC PLUG Electrical Equipment & Parts median
Gross margin 32.38% (18.55%) 29.92%
Operating margin 10.14% (172.77%) 0.00%
Net margin 7.58% (220.59%) 0.00%
Free cash flow margin 4.71% (70.20%) 0.00%
Return on equity 11.95% (139.62%) 0.00%
Return on assets 8.44% (59.19%) 0.00%
Return on invested capital 10.48% (74.22%) 0.00%

Growth

Metric PLPC PLUG Electrical Equipment & Parts median
Revenue growth (TTM) 16.31% 10.59% 10.59%
EPS growth (last fiscal year) (4.80%) 47.01% 24.08%
Revenue growth, 5-year CAGR 7.49% 0.00% 9.92%
Net income growth, 5-year CAGR 3.43% 0.00% 0.00%

Health

Metric PLPC PLUG Electrical Equipment & Parts median
Debt to equity 0.10 1.38 0.15
Current ratio 2.85 2.32 2.34
Net debt to EBITDA (0.58) (0.11) 0.26

Dividend

Metric PLPC PLUG Electrical Equipment & Parts median
Dividend yield 0.33% — 0.33%
Payout ratio 0.07 — 0.09

Size

Metric PLPC PLUG Electrical Equipment & Parts median
Market cap 1.23b 1.89b 159.94m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack