Preformed Line Products Company logo PLPC - Preformed Line Products Company

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 1
HOLD 0
SELL 0
STRONG
SELL
0
| PRICE TARGET: $275.00 DETAILS
HIGH: $275.00
LOW: $275.00
MEDIAN: $275.00
CONSENSUS: $275.00
DOWNSIDE: 33.39%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 50% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Strong
Trading 245.9% above fair value
Current Price $412.86
Bear Case $97.19 76.5% downside ($97.19 - $412.86) / $412.86 = -76.5% 4% stage 1 growth, 11% discount
Fair Value $119.37 71.1% downside ($119.37 - $412.86) / $412.86 = -71.1% 7% stage 1 growth, 11% discount
Bull Case $139.75 66.2% downside ($139.75 - $412.86) / $412.86 = -66.2% 10% stage 1 growth, 11% discount

Adjust Assumptions

7.5%
11.0%
3.0%

Key Value Driver

FCF growth rate (7% base case)

Terminal Value % of EV 37%
Implied Market Multiple 64.7x
Market is pricing in (growth) 24.6% vs our 7.5% base

Plain-Language Summary

Using a two-stage FCF DCF with 7% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $119.37 per share.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions