Preformed Line Products Co PLPC

A Ben Graham stock

[Torontojay]

Ben Graham would have loved this company. It is one of only 2 companies that pass the test. The other company is Posco, the largest steel producer in South Korea. Net income has about doubled over the last 5 years but its share price has lagged. 

Ben Graham criteria ( a Norm Rothery modification) 

1) price to earnings less 15
2) price to book less than 1.5
3) current ratio greater than 2
4) positive earnings in each of the last 5 years
5) eps growth of at least 3% over last 5 years
6) positive dividend growth over the last 5 years
7) revenue greater than $400 million

[Torontojay]

These are US listed companies. 

[Torontojay]

It's nice to see a Benjamin Graham stock up from the closing price on Nov 10,2021 when the share price was $68.22. Keep in mind that less than 1 year has passed and the shares have gained an impressive 18.2%.  This is not surprising that it has outperformed the Nasdaq and S&P500 given the defensive nature of the stock. 

[Paddy902]

Not sure about the after hours bump today, but it wouldn't be a surprise to see this trade between 87-94 for awhile, at least until we see next quarters earnings.