Preformed Line Products Stock Return On Equity
PLPC Stock | USD 143.56 5.04 3.64% |
Preformed Line Products fundamentals help investors to digest information that contributes to Preformed Line's financial success or failures. It also enables traders to predict the movement of Preformed Stock. The fundamental analysis module provides a way to measure Preformed Line's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Preformed Line stock.
Last Reported | Projected for Next Year | ||
Return On Equity | 0.15 | 0.16 |
Preformed | Return On Equity |
Preformed Line Products Company Return On Equity Analysis
Preformed Line's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Preformed Line Return On Equity | 0.0796 |
Most of Preformed Line's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Preformed Line Products is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Preformed Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Preformed Line is extremely important. It helps to project a fair market value of Preformed Stock properly, considering its historical fundamentals such as Return On Equity. Since Preformed Line's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Preformed Line's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Preformed Line's interrelated accounts and indicators.
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Preformed Return On Equity Historical Pattern
Today, most investors in Preformed Line Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Preformed Line's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Preformed Line return on equity as a starting point in their analysis.
Preformed Line Return On Equity |
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Preformed Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Preformed Line Products has a Return On Equity of 0.0796. This is 81.91% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The return on equity for all United States stocks is 125.68% lower than that of the firm.
Preformed Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Preformed Line's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Preformed Line could also be used in its relative valuation, which is a method of valuing Preformed Line by comparing valuation metrics of similar companies.Preformed Line is currently under evaluation in return on equity category among its peers.
Preformed Line ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Preformed Line's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Preformed Line's managers, analysts, and investors.Environmental | Governance | Social |
Preformed Fundamentals
Return On Equity | 0.0796 | ||||
Return On Asset | 0.0419 | ||||
Profit Margin | 0.06 % | ||||
Operating Margin | 0.07 % | ||||
Current Valuation | 674.73 M | ||||
Shares Outstanding | 4.9 M | ||||
Shares Owned By Insiders | 50.56 % | ||||
Shares Owned By Institutions | 43.35 % | ||||
Number Of Shares Shorted | 37.69 K | ||||
Price To Earning | 14.08 X | ||||
Price To Book | 1.58 X | ||||
Price To Sales | 1.19 X | ||||
Revenue | 669.68 M | ||||
Gross Profit | 215.18 M | ||||
EBITDA | 105.16 M | ||||
Net Income | 63.34 M | ||||
Cash And Equivalents | 30.1 M | ||||
Cash Per Share | 6.09 X | ||||
Total Debt | 71.81 M | ||||
Debt To Equity | 0.26 % | ||||
Current Ratio | 2.57 X | ||||
Book Value Per Share | 87.59 X | ||||
Cash Flow From Operations | 107.64 M | ||||
Short Ratio | 5.15 X | ||||
Earnings Per Share | 6.66 X | ||||
Number Of Employees | 3.52 K | ||||
Beta | 0.62 | ||||
Market Capitalization | 678.42 M | ||||
Total Asset | 603.15 M | ||||
Retained Earnings | 520.15 M | ||||
Working Capital | 213.5 M | ||||
Current Asset | 179.89 M | ||||
Current Liabilities | 51.67 M | ||||
Annual Yield | 0.01 % | ||||
Five Year Return | 1.30 % | ||||
Net Asset | 603.15 M | ||||
Last Dividend Paid | 0.8 |
About Preformed Line Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Preformed Line Products's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Preformed Line using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Preformed Line Products based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Preformed Line Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Preformed Line's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Preformed Line Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Preformed Line Products Stock:Check out Preformed Line Piotroski F Score and Preformed Line Altman Z Score analysis. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Preformed Line. If investors know Preformed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Preformed Line listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.49) | Dividend Share 0.8 | Earnings Share 6.66 | Revenue Per Share 116.621 | Quarterly Revenue Growth (0.08) |
The market value of Preformed Line Products is measured differently than its book value, which is the value of Preformed that is recorded on the company's balance sheet. Investors also form their own opinion of Preformed Line's value that differs from its market value or its book value, called intrinsic value, which is Preformed Line's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Preformed Line's market value can be influenced by many factors that don't directly affect Preformed Line's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Preformed Line's value and its price as these two are different measures arrived at by different means. Investors typically determine if Preformed Line is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Preformed Line's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.