Preformed Line Products stock: fair value
PLPCThe fair value of Preformed Line Products under our model is $269.92, the price is 9% above.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Fairly valuedIn our model the price counts as cheap below $179.95 and expensive above $539.84 (uncertainty very high, based on the price swings of the past year).
The two parts of the fair value come to $238.79 (cash-flow model) and $301.05 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 10.1%. At 11.1% the fair value would be $252.71, at 9.1% it would be $293.71.
Where the number comes from
Half from the cash-flow model, half from earnings times the industry P/E (26.1).
Ten-year cash-flow model from smoothed free cash flow and its past growth until it reaches 3.8%. Discounted at 10.1% (government bond yield 3.8% plus beta 1.41 times a risk premium of 4.5%); no analyst estimates were available.
Calculate with your own assumptionsThe calculation step by step
With these figures the cash flow model arrives at $238.79 per share: free cash flow for the next ten years, each year discounted to today at 10.1%, plus the terminal value for the years after. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Year | Free cash flow | Source | Discount factor | Present value (discounted at 10.1%) |
|---|---|---|---|---|
| 2026 | $53.6M | extrapolated at 23.4% | 0.9082 | $48.68M |
| 2027 | $63M | extrapolated at 17.5% | 0.8249 | $51.96M |
| 2028 | $71.46M | extrapolated at 13.4% | 0.7491 | $53.53M |
| 2029 | $78.99M | extrapolated at 10.5% | 0.6804 | $53.75M |
| 2030 | $85.73M | extrapolated at 8.5% | 0.6179 | $52.98M |
| 2031 | $91.84M | extrapolated at 7.1% | 0.5612 | $51.54M |
| 2032 | $97.47M | extrapolated at 6.1% | 0.5097 | $49.68M |
| 2033 | $102.78M | extrapolated at 5.4% | 0.4629 | $47.58M |
| 2034 | $107.88M | extrapolated at 5.0% | 0.4204 | $45.36M |
| 2035 | $112.86M | extrapolated at 4.6% | 0.3818 | $43.1M |
| Step | Value |
|---|---|
| Sum of present values (ten years) | $498.16M |
| Terminal value: cash flow 2035 × (1 + 3.8%) / (10.1% − 3.8%) | $1.87B |
| Present value of terminal value (× 0.3818) | $712.97M |
| Equity value (sum plus present value of terminal value) | $1.21B |
| Shares (diluted) | 5.07M |
| Value per share (equity value divided by shares) | $238.79 |
| Earnings per share, last twelve months | $11.53 |
| × 26.1 (industry P/E) | $301.05 |
| Fair value (average of both parts) | $269.92 |
The model uses free cash flow after interest, which belongs to shareholders, discounted at the cost of equity. Net debt is therefore not deducted again.
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 6 Feb 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.