Switch to:
Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash to Debt 0.13
PCP's Cash to Debt is ranked lower than
87% of the 1765 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.11 vs. PCP: 0.13 )
Ranked among companies with meaningful Cash to Debt only.
PCP' s Cash to Debt Range Over the Past 10 Years
Min: 0.01  Med: 0.10 Max: 5.74
Current: 0.13
0.01
5.74
Equity to Asset 0.57
PCP's Equity to Asset is ranked higher than
57% of the 1725 Companies
in the Global Metal Fabrication industry.

( Industry Median: 0.53 vs. PCP: 0.57 )
Ranked among companies with meaningful Equity to Asset only.
PCP' s Equity to Asset Range Over the Past 10 Years
Min: 0.31  Med: 0.54 Max: 0.8
Current: 0.57
0.31
0.8
Interest Coverage 26.56
PCP's Interest Coverage is ranked higher than
57% of the 1218 Companies
in the Global Metal Fabrication industry.

( Industry Median: 17.25 vs. PCP: 26.56 )
Ranked among companies with meaningful Interest Coverage only.
PCP' s Interest Coverage Range Over the Past 10 Years
Min: 13.66  Med: 47.31 Max: 141.46
Current: 26.56
13.66
141.46
F-Score: 5
Z-Score: 4.18
M-Score: -2.55
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 24.19
PCP's Operating margin (%) is ranked higher than
96% of the 1749 Companies
in the Global Metal Fabrication industry.

( Industry Median: 5.63 vs. PCP: 24.19 )
Ranked among companies with meaningful Operating margin (%) only.
PCP' s Operating margin (%) Range Over the Past 10 Years
Min: 15.76  Med: 24.59 Max: 27.89
Current: 24.19
15.76
27.89
Net-margin (%) 13.68
PCP's Net-margin (%) is ranked higher than
90% of the 1750 Companies
in the Global Metal Fabrication industry.

( Industry Median: 3.94 vs. PCP: 13.68 )
Ranked among companies with meaningful Net-margin (%) only.
PCP' s Net-margin (%) Range Over the Past 10 Years
Min: 9.96  Med: 15.84 Max: 18.64
Current: 13.68
9.96
18.64
ROE (%) 11.59
PCP's ROE (%) is ranked higher than
72% of the 1709 Companies
in the Global Metal Fabrication industry.

( Industry Median: 6.65 vs. PCP: 11.59 )
Ranked among companies with meaningful ROE (%) only.
PCP' s ROE (%) Range Over the Past 10 Years
Min: 13.71  Med: 16.97 Max: 28.7
Current: 11.59
13.71
28.7
ROA (%) 6.66
PCP's ROA (%) is ranked higher than
75% of the 1767 Companies
in the Global Metal Fabrication industry.

( Industry Median: 3.32 vs. PCP: 6.66 )
Ranked among companies with meaningful ROA (%) only.
PCP' s ROA (%) Range Over the Past 10 Years
Min: 8.05  Med: 12.38 Max: 17.46
Current: 6.66
8.05
17.46
ROC (Joel Greenblatt) (%) 36.80
PCP's ROC (Joel Greenblatt) (%) is ranked higher than
85% of the 1757 Companies
in the Global Metal Fabrication industry.

( Industry Median: 11.66 vs. PCP: 36.80 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
PCP' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: 43.19  Med: 55.34 Max: 77.8
Current: 36.8
43.19
77.8
Revenue Growth (3Y)(%) 12.10
PCP's Revenue Growth (3Y)(%) is ranked higher than
84% of the 1546 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.90 vs. PCP: 12.10 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
PCP' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -10.1  Med: 14.70 Max: 32.7
Current: 12.1
-10.1
32.7
EBITDA Growth (3Y)(%) 14.30
PCP's EBITDA Growth (3Y)(%) is ranked higher than
69% of the 1324 Companies
in the Global Metal Fabrication industry.

( Industry Median: 5.60 vs. PCP: 14.30 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
PCP' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -9.2  Med: 13.40 Max: 44.1
Current: 14.3
-9.2
44.1
EPS Growth (3Y)(%) 8.40
PCP's EPS Growth (3Y)(%) is ranked higher than
57% of the 1181 Companies
in the Global Metal Fabrication industry.

( Industry Median: 4.00 vs. PCP: 8.40 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
PCP' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -13.6  Med: 14.40 Max: 58.9
Current: 8.4
-13.6
58.9
» PCP's 10-Y Financials

Financials (Next Earnings Date: Est. 2016-05-13)


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2015

PCP Guru Trades in Q1 2015

Bill Nygren 1,000,000 sh (New)
George Soros 25,000 sh (New)
Jeff Ubben 569,185 sh (New)
Lou Simpson 1,352,140 sh (New)
Daniel Loeb 500,000 sh (New)
Paul Tudor Jones 2,396 sh (New)
Joel Greenblatt 120,025 sh (+310.51%)
Wallace Weitz 377,852 sh (+56.60%)
Warren Buffett 4,200,792 sh (+47.21%)
Scott Black 41,433 sh (+40.69%)
Pioneer Investments 622,352 sh (+32.81%)
Tom Russo 31,375 sh (+27.08%)
Jeff Auxier 13,711 sh (+20.10%)
Ruane Cunniff 3,527,635 sh (+14.05%)
Mario Gabelli 742,672 sh (+4.68%)
First Eagle Investment 900 sh (unchged)
Westport Asset Management 242,105 sh (unchged)
Prem Watsa 2,000 sh (unchged)
RS Investment Management Sold Out
Jeremy Grantham 803,934 sh (-1.10%)
Steven Cohen 199,600 sh (-45.78%)
Ron Baron 33,423 sh (-53.14%)
Ray Dalio 26,943 sh (-58.68%)
» More
Q2 2015

PCP Guru Trades in Q2 2015

Chris Davis 2,011,431 sh (New)
Michael Price 23,000 sh (New)
Jim Simons 20,700 sh (New)
Jana Partners 2,471,385 sh (New)
Jeff Auxier 25,256 sh (+84.20%)
Scott Black 45,950 sh (+10.90%)
Wallace Weitz 396,524 sh (+4.94%)
Lou Simpson 1,374,773 sh (+1.67%)
Mario Gabelli 752,077 sh (+1.27%)
Tom Russo 31,465 sh (+0.29%)
Bill Nygren 1,000,000 sh (unchged)
Prem Watsa 2,000 sh (unchged)
First Eagle Investment 900 sh (unchged)
Warren Buffett 4,200,792 sh (unchged)
Daniel Loeb Sold Out
Paul Tudor Jones Sold Out
Jeff Ubben Sold Out
Pioneer Investments 620,912 sh (-0.23%)
Ruane Cunniff 3,512,391 sh (-0.43%)
Ron Baron 30,190 sh (-9.67%)
George Soros 22,500 sh (-10.00%)
Westport Asset Management 212,105 sh (-12.39%)
Joel Greenblatt 102,497 sh (-14.60%)
Jeremy Grantham 685,734 sh (-14.70%)
Steven Cohen 78,600 sh (-60.62%)
Ray Dalio 3,656 sh (-86.43%)
» More
Q3 2015

PCP Guru Trades in Q3 2015

John Paulson 1,000,000 sh (New)
Paul Tudor Jones 176,293 sh (New)
Jeff Auxier 33,936 sh (+34.37%)
Wallace Weitz 440,563 sh (+11.11%)
Ruane Cunniff 3,533,754 sh (+0.61%)
Warren Buffett 4,200,792 sh (unchged)
First Eagle Investment 900 sh (unchged)
Bill Nygren Sold Out
Prem Watsa Sold Out
Steven Cohen Sold Out
Ray Dalio Sold Out
Ron Baron Sold Out
Jana Partners Sold Out
Jim Simons Sold Out
Tom Russo 30,820 sh (-2.05%)
Scott Black 44,941 sh (-2.20%)
Mario Gabelli 697,808 sh (-7.22%)
Westport Asset Management 177,205 sh (-16.45%)
Jeremy Grantham 558,467 sh (-18.56%)
Pioneer Investments 439,335 sh (-29.24%)
George Soros 13,000 sh (-42.22%)
Michael Price 12,500 sh (-45.65%)
Lou Simpson 90,692 sh (-93.40%)
Joel Greenblatt 1,534 sh (-98.50%)
Chris Davis 1,320 sh (-99.93%)
» More
Q4 2015

PCP Guru Trades in Q4 2015

Prem Watsa 4,300 sh (New)
Ruane Cunniff 4,732,708 sh (+33.93%)
Jeremy Grantham 638,555 sh (+14.34%)
Paul Tudor Jones 180,754 sh (+2.53%)
Mario Gabelli 700,160 sh (+0.34%)
Warren Buffett 4,200,792 sh (unchged)
Chris Davis 1,320 sh (unchged)
Michael Price 12,500 sh (unchged)
John Paulson Sold Out
George Soros Sold Out
Scott Black Sold Out
Lou Simpson Sold Out
Joel Greenblatt 1,533 sh (-0.07%)
Wallace Weitz 428,851 sh (-2.66%)
Jeff Auxier 32,831 sh (-3.26%)
Pioneer Investments 409,110 sh (-6.88%)
Westport Asset Management 132,144 sh (-25.43%)
First Eagle Investment 380 sh (-57.78%)
Tom Russo 3,395 sh (-88.98%)
» More
» Details

Insider Trades

Latest Guru Trades with PCP

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Precision Castparts Corp

Mario Gabelli Comments on Precision Castparts Corp - Jan 29, 2016

Precision Castparts Corp. (1.9%) (PCP – $232.01 – NYSE) (NYSE:PCP), based in Portland, Oregon, manufactures complex metal components and products for the aerospace, power, and general industrial markets. On August 10, 2015, the company announced that it would be purchased by Berkshire Hathaway for $235 cash per share in a merger worth $32.3 billion. The transaction is expected to close in the first quarter of 2016, after receiving shareholder and regulatory approvals.


From Mario Gabelli (Trades, Portfolio)'s ABC Fund Merger and Arbitrage shareholder letter for the fourth quarter 2015.

Check out Mario Gabelli latest stock trades

Wallace Weitz Comments on Precision Castparts Corp - Oct 27, 2015

Precision Castparts Corp (NYSE:PCP) is a manufacturer of complex metal components and products that provides investment castings, forgings and fasteners/ fastener systems for critical aerospace and power applications. On August 10th, Berkshire Hathaway announced an agreement to purchase Precision Castparts (NYSE:PCP) for $235/share, or roughly $37.2 billion including debt (Berkshire’s largest ever acquisition). While the transaction provides a boost to the Fund’s near-term performance, Berkshire is buying Precision at a modest discount to our base estimate of intrinsic value. Losing a long-term compounder early on in our investment horizon is disappointing, but the silver lining in this transaction is that we will continue to own PCP indirectly through our position in Berkshire.



From Wallace Weitz (Trades, Portfolio)'s 3Q 2015 commentary.

Check out Wallace Weitz latest stock trades

Sequoia Fund Comments on Precision Castparts - Aug 27, 2015

Question:



Could you update us on Precision Castparts (NYSE:PCP)? I know that the stock underperformed in 2014. I know it was kind of slowing down. And in 2015, it preannounced a couple quarters back to back. I was wondering if you could update us on that and if you still see compelling value there.



Greg Steinmetz:



We do see compelling value, but it has been a disappointment. It was supposed to earn $16 a share in the fiscal year that we just started. Instead, management is guiding to something like $13. The difficulty has been confined largely to the forged product segment, which is a very high fixed cost business. So when volume goes against you, you really feel it in the margin. We saw a 900 basis point drop in the margin of that segment last quarter. Furthermore, the oil & gas market has gone against Precision. Management had big plans for the oil & gas business, making very large diameter pipes that are highly resistant to corrosion. Precision is the only company on earth that can make that kind of pipe. Management thought that whatever happens with the oil & gas market, the company would be ready, and it would still be able to sell this pipe because of its compelling value. That did not happen, and the company was late to restructure that business and cut costs. The restructuring is now completed; so things should get a little better. Management was expecting $400 million in revenue out of that pipe business last year and only got $200 million, and it will probably be similar this year.



Another thing that has hurt is that Rolls-Royce is aggressively trying to take inventory out of its system. Rolls had too much inventory because managers were worried about not being able to meet delivery schedules and overdid it on inventory. Now they are cutting back the other way. There have been some other issues. Precision makes a lot of parts for the military. Military spares are down 35%. That was not something that the company foresaw happening in the current fiscal year.



That $16 a share was a number that was derived three years ago and as recently as six months ago management was still talking about $16 a share for this year. But lately management recognized that the world had changed and decided to throw in the towel. In addition to the restructuring I mentioned, the company also wrote down some inventory. This year, Precision thinks it is going to make about $13. I think that is a conservative number. Time will tell.



What we like about Precision and why we are keeping it is, as I mentioned, that it is the only company in the world that can make these large diameter highly corrosive resistant pipes. Precision is also far and away the leader in making powdered metal components that are used in large jet engines. It is the only company that can make certain large structural castings, and there are some other things that only Precision can supply. That gives the company a lot of leverage over its customers. Management is not afraid to use it. So it has a very strong competitive position. We also have what should be a growing market for aerospace.



I was with Boeing (BA) management this week — the company is talking about raising the monthly unit deliveries of the narrow body 737 from 42 a month now to 47, and then to 50-something. That could even go to 60 because the backlog is so big, and there is still an enormous appetite even in China — which, as you know, has a soft economy — to get these planes and get them now. The 787 has gone from 10 a month to 12 and that is going to go to maybe 14. So there is growth there. Precision is seeing that in some of its segments. The company will not see it in other areas because of de-stocking at Rolls-Royce. And the build rate for the 747 is being dialed back. Also there is a transition going on from the old models of the 737 and the Airbus narrow body, the A320, from the current generation to a re-engined version. Precision has had to absorb a lot of development costs along the way as that transition has taken place. But now it is coming to an end.



One thing that I think worries people is that, okay, aerospace is going to be a growing market, but is Precision losing share? We all know that because of Precision’s arrogance in the way it treats its customers — raising prices and making demands on them — they would like to cut Precision down to size. So is there a case of customers taking market share away from Precision and giving it to Alcoa and others? I have looked under as many rocks as I can think of to try to get to the bottom of this and I am not finding the evidence. Maybe I am looking under the wrong rocks, but the fact that I have not turned anything up and the fact that the customers buy under long term contracts which they are locked into, and the fact that competitors are not giving me any examples of how they have taken share from Precision make me think we are okay on the market share question.



If Precision can preserve market share in a growing market, we should be okay, which is why we are still holding the stock. Plus at its current price it is not expensive. It trades at a discount to some other of the big names in aerospace. Before it always traded at a premium.



From Ruane, Cunniff & Goldfarb Investor Day 2015 Transcript Part I.



Check out Ruane Cunniff latest stock trades

Westport Select Cap Fund Comments on Precision Castparts Corp - May 29, 2015

Precision Castparts (PCP) has experienced weakness in demand from one of its important jet engine customers and softness in its less important energy-related businesses. As a result, management was forced to withdraw its long-standing estimate of $16.00 per share earnings for fiscal 2016. On its earnings call for fiscal 2015, ended March 31, management is expected to lay out revised forecasts for the new year as well as long-term goals.

From Westport Asset Management (Trades, Portfolio)’s Westport Select Cap Fund Q1 2015 Commentary.

Check out Westport Asset Management latest stock trades

Bill Nygren Comments on Precision Castparts Corp - Apr 09, 2015

Precision Castparts Corp. (PCP - $212)

Precision Castparts Corp. (NYSE:PCP) is a manufacturer of complex metal components and products, including castings, forgings, fasteners and aerostructures for aerospace, power generation and general industrial applications. Precision Castparts enjoys what we believe is an outstanding corporate culture and is led by a long-tenured CEO who is known for aggressively pursuing operating efficiencies. For many years, the company’s stock traded at a significant premium to other aerospace and industrial peers, but recent weakness has brought the share price to attractive levels relative to these industry groups and the S&P 500. We believe the current valuation of less than 15x earnings is overly punitive, considering PCP’s organic growth prospects and the company’s ability to add value through acquisitions. PCP is providing more components on key new airplanes, which should allow the company to outgrow its end markets. In addition, management projects $4 billion-$6 billion of acquisition opportunities over the next couple of years with return characteristics similar to its existing business. Finally, the company’s unique technical and process capabilities, coupled with its efficiently run operations, should allow it to continue to generate above-average margins. We are pleased to have the opportunity to add shares of what we consider a best-in-class company at a price that implies it is only average.

From Bill Nygren (Trades, Portfolio)’s Oakmark Fund - 1Q 2015 Letter.

Check out Bill Nygren latest stock trades

Wallace Weitz Comments on Precision Castparts - Oct 17, 2014

Precision Castparts (PCP) is a global, diversified manufacturer of complex metal components and products sold primarily to aerospace, power and industrial customers. CEO Mark Donegan is a first-rate operator, sound strategic thinker and highly skilled acquirer / integrator. Concerns over the health of the new commercial aircraft cycle provided us an opportunity to establish an initial position at what we believe is an attractive discount. We have been heartened by management’s more recent decisions to repurchase stock and look forward to the prospect of additional value-accretive M&A in the future.

From Wallace Weitz (Trades, Portfolio)'s Value Fund Q3 2014 Commentary.

Check out Wallace Weitz latest stock trades

Westport Select Cap Fund Comments on Precision Castparts Corp - Jul 28, 2014

Precision Castparts Corp. (PCP), the Fund’s second largest position, was off 6%, costing 61 basis points. There are questions regarding the future organic growth rate of the commercial aircraft industry and the company. This comes despite the company’s continuing profit improvement as it integrates recent acquisitions.

From Westport Asset Management (Trades, Portfolio)’s Westport Select Cap Fund Second Quarter 2014 Commentary.

Check out Westport Asset Management latest stock trades

Westport Fund Comments on Precision Castparts Corp - Jul 28, 2014

The cancellation of a large order for Airbus A-350 aircraft by the United Arab Emirates caused investors to question the bright outlook for commercial aircraft production. Precision Castparts Corp. (PCP), a major supplier of aerospace components, saw its shares decline, decreasing portfolio return by 32 basis points in this period. These events appear transitory and should not have a long term impact on valuation.

From Westport Asset Management (Trades, Portfolio)’s Westport Fund Second Quarter 2014 Commentary.

Check out Westport Asset Management latest stock trades

Top Ranked Articles about Precision Castparts Corp

John Paulson Sells Allergan, Precision Castparts, AIG Top sales by the investor during the 4th quarter
John Paulson (Trades, Portfolio) is the president and portfolio manager of Paulson & Co. Inc. Paulson was ranked by Absolute Return Magazine as the third-largest hedge fund in the world managing approximately $29 billion in merger, event and distressed strategies. The following are the guru's largest sales during the fourth quarter of 2015. Read more...
Westport Trims Nearly 39% of Stakes in Portfolio Air Products & Chemicals, Precision Castparts top guru's reduction list
Westport Asset Management (Trades, Portfolio) reduced 17 stakes in its portfolio in the fourth quarter. If that doesn’t sound like a lot, consider that it represents nearly 39% of the companies in Westport’s portfolio. Read more...
Mario Gabelli Comments on Precision Castparts Corp Guru stock highlight
Precision Castparts Corp. (1.9%) (PCP – $232.01 – NYSE) (NYSE:PCP), based in Portland, Oregon, manufactures complex metal components and products for the aerospace, power, and general industrial markets. On August 10, 2015, the company announced that it would be purchased by Berkshire Hathaway for $235 cash per share in a merger worth $32.3 billion. The transaction is expected to close in the first quarter of 2016, after receiving shareholder and regulatory approvals.
Read more...
Wallace Weitz Comments on Precision Castparts Corp Guru stock highlight
Precision Castparts Corp (NYSE:PCP) is a manufacturer of complex metal components and products that provides investment castings, forgings and fasteners/ fastener systems for critical aerospace and power applications. On August 10th, Berkshire Hathaway announced an agreement to purchase Precision Castparts (NYSE:PCP) for $235/share, or roughly $37.2 billion including debt (Berkshire’s largest ever acquisition). While the transaction provides a boost to the Fund’s near-term performance, Berkshire is buying Precision at a modest discount to our base estimate of intrinsic value. Losing a long-term compounder early on in our investment horizon is disappointing, but the silver lining in this transaction is that we will continue to own PCP indirectly through our position in Berkshire. Read more...
Sequoia Fund Comments on Precision Castparts
Question: Read more...
Chris Davis Acquires Nearly 24 Million Shares of Cabot Oil & Gas
Chris Davis (Trades, Portfolio), portfolio manager for Davis Financial Fund, favors stable businesses that are well managed and available at value prices when he seeks investment opportunities. His approach has been pretty successful at Davis Financial Fund, which has recorded returns of 13.01%, 31.45% and 18.15% in 2014, 2013 and 2012, respectively. Read more...
Buffett’s Purchase of Precision Castparts Is a Validation of GuruFocus DCF Calculator
Over the weekend news broke that Warren Buffett (Trades, Portfolio)’s Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) nears a deal for Precision Castparts (NYSE:PCP). Berkshire will take over Precision Castparts at the valuation of more than $30 billion. This puts PCP at around $220 a share. Interestingly, this is about where GuruFocus DCF calculator puts the fair value of PCP shares. Read more...
Lou Simpson Adds Precision Castparts to Portfolio in First Quarter
Warren Buffett (Trades, Portfolio) has called Lou Simpson (Trades, Portfolio) “a cinch to be inducted into the investment hall of fame,” and he should know. Simpson was CEO of capital operations for GEICO when Buffett bought the company in 1996, and he remained with the company until 2010. Read more...
Westport Select Cap Fund Comments on Precision Castparts Corp
Precision Castparts (PCP) has experienced weakness in demand from one of its important jet engine customers and softness in its less important energy-related businesses. As a result, management was forced to withdraw its long-standing estimate of $16.00 per share earnings for fiscal 2016. On its earnings call for fiscal 2015, ended March 31, management is expected to lay out revised forecasts for the new year as well as long-term goals. Read more...
Bill Nygren Buys 3 New Stocks in Q1
Bill Nygren (Trades, Portfolio) said in his first-quarter letter to investors of his Oakmark Fund that he found equities the most attractive class, and he purchased three of them in the first quarter: Caterpillar Inc. (NYSE:CAT), Precision Castparts Corp (NYSE:PCP) and Baker Hughes Inc. (NYSE:BHI). Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 24.81
PCP's P/E(ttm) is ranked lower than
64% of the 1358 Companies
in the Global Metal Fabrication industry.

( Industry Median: 18.65 vs. PCP: 24.81 )
Ranked among companies with meaningful P/E(ttm) only.
PCP' s P/E(ttm) Range Over the Past 10 Years
Min: 6.6  Med: 20.32 Max: 372.15
Current: 24.81
6.6
372.15
Forward P/E 17.09
PCP's Forward P/E is ranked lower than
57% of the 174 Companies
in the Global Metal Fabrication industry.

( Industry Median: 16.00 vs. PCP: 17.09 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 24.55
PCP's PE(NRI) is ranked lower than
64% of the 1361 Companies
in the Global Metal Fabrication industry.

( Industry Median: 18.66 vs. PCP: 24.55 )
Ranked among companies with meaningful PE(NRI) only.
PCP' s PE(NRI) Range Over the Past 10 Years
Min: 6.65  Med: 20.30 Max: 26.57
Current: 24.55
6.65
26.57
Price/Owner Earnings (ttm) 29.76
PCP's Price/Owner Earnings (ttm) is ranked lower than
73% of the 812 Companies
in the Global Metal Fabrication industry.

( Industry Median: 16.01 vs. PCP: 29.76 )
Ranked among companies with meaningful Price/Owner Earnings (ttm) only.
PCP' s Price/Owner Earnings (ttm) Range Over the Past 10 Years
Min: 7.04  Med: 22.34 Max: 253.3
Current: 29.76
7.04
253.3
P/B 2.82
PCP's P/B is ranked lower than
72% of the 1686 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.52 vs. PCP: 2.82 )
Ranked among companies with meaningful P/B only.
PCP' s P/B Range Over the Past 10 Years
Min: 1.41  Med: 2.98 Max: 6.15
Current: 2.82
1.41
6.15
P/S 3.43
PCP's P/S is ranked lower than
81% of the 1735 Companies
in the Global Metal Fabrication industry.

( Industry Median: 0.96 vs. PCP: 3.43 )
Ranked among companies with meaningful P/S only.
PCP' s P/S Range Over the Past 10 Years
Min: 1.01  Med: 3.09 Max: 4.2
Current: 3.43
1.01
4.2
PFCF 28.10
PCP's PFCF is ranked lower than
76% of the 583 Companies
in the Global Metal Fabrication industry.

( Industry Median: 15.86 vs. PCP: 28.10 )
Ranked among companies with meaningful PFCF only.
PCP' s PFCF Range Over the Past 10 Years
Min: 7.67  Med: 24.17 Max: 67.22
Current: 28.1
7.67
67.22
POCF 19.89
PCP's POCF is ranked lower than
80% of the 746 Companies
in the Global Metal Fabrication industry.

( Industry Median: 10.26 vs. PCP: 19.89 )
Ranked among companies with meaningful POCF only.
PCP' s POCF Range Over the Past 10 Years
Min: 6.25  Med: 19.54 Max: 38.33
Current: 19.89
6.25
38.33
EV-to-EBIT 15.74
PCP's EV-to-EBIT is ranked lower than
56% of the 1402 Companies
in the Global Metal Fabrication industry.

( Industry Median: 14.01 vs. PCP: 15.74 )
Ranked among companies with meaningful EV-to-EBIT only.
PCP' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.2  Med: 13.70 Max: 17.6
Current: 15.74
4.2
17.6
EV-to-EBITDA 13.75
PCP's EV-to-EBITDA is ranked lower than
63% of the 1466 Companies
in the Global Metal Fabrication industry.

( Industry Median: 10.40 vs. PCP: 13.75 )
Ranked among companies with meaningful EV-to-EBITDA only.
PCP' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.8  Med: 12.20 Max: 15.9
Current: 13.75
3.8
15.9
PEG 1.64
PCP's PEG is ranked higher than
51% of the 604 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.69 vs. PCP: 1.64 )
Ranked among companies with meaningful PEG only.
PCP' s PEG Range Over the Past 10 Years
Min: 0.17  Med: 1.41 Max: 62.74
Current: 1.64
0.17
62.74
Shiller P/E 27.65
PCP's Shiller P/E is ranked lower than
53% of the 284 Companies
in the Global Metal Fabrication industry.

( Industry Median: 26.06 vs. PCP: 27.65 )
Ranked among companies with meaningful Shiller P/E only.
PCP' s Shiller P/E Range Over the Past 10 Years
Min: 17.84  Med: 35.55 Max: 83.07
Current: 27.65
17.84
83.07
Current Ratio 3.06
PCP's Current Ratio is ranked higher than
78% of the 1602 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.84 vs. PCP: 3.06 )
Ranked among companies with meaningful Current Ratio only.
PCP' s Current Ratio Range Over the Past 10 Years
Min: 0.99  Med: 1.93 Max: 3.95
Current: 3.06
0.99
3.95
Quick Ratio 1.18
PCP's Quick Ratio is ranked lower than
56% of the 1600 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.29 vs. PCP: 1.18 )
Ranked among companies with meaningful Quick Ratio only.
PCP' s Quick Ratio Range Over the Past 10 Years
Min: 0.6  Med: 0.99 Max: 2.36
Current: 1.18
0.6
2.36
Days Inventory 203.40
PCP's Days Inventory is ranked lower than
84% of the 1692 Companies
in the Global Metal Fabrication industry.

( Industry Median: 96.64 vs. PCP: 203.40 )
Ranked among companies with meaningful Days Inventory only.
PCP' s Days Inventory Range Over the Past 10 Years
Min: 65.13  Med: 121.67 Max: 190.99
Current: 203.4
65.13
190.99
Days Sales Outstanding 62.45
PCP's Days Sales Outstanding is ranked higher than
65% of the 1348 Companies
in the Global Metal Fabrication industry.

( Industry Median: 78.47 vs. PCP: 62.45 )
Ranked among companies with meaningful Days Sales Outstanding only.
PCP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.63  Med: 57.63 Max: 65.79
Current: 62.45
48.63
65.79
Days Payable 51.77
PCP's Days Payable is ranked lower than
60% of the 1420 Companies
in the Global Metal Fabrication industry.

( Industry Median: 64.51 vs. PCP: 51.77 )
Ranked among companies with meaningful Days Payable only.
PCP' s Days Payable Range Over the Past 10 Years
Min: 45.46  Med: 52.52 Max: 62.82
Current: 51.77
45.46
62.82

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.05
PCP's Dividend Yield is ranked lower than
99% of the 1541 Companies
in the Global Metal Fabrication industry.

( Industry Median: 2.12 vs. PCP: 0.05 )
Ranked among companies with meaningful Dividend Yield only.
PCP' s Dividend Yield Range Over the Past 10 Years
Min: 0.04  Med: 0.09 Max: 0.24
Current: 0.05
0.04
0.24
Dividend Payout 0.01
PCP's Dividend Payout is ranked higher than
100% of the 1059 Companies
in the Global Metal Fabrication industry.

( Industry Median: 0.33 vs. PCP: 0.01 )
Ranked among companies with meaningful Dividend Payout only.
PCP' s Dividend Payout Range Over the Past 10 Years
Min: 0.01  Med: 0.03 Max: 0.12
Current: 0.01
0.01
0.12
Forward Dividend Yield 0.05
PCP's Forward Dividend Yield is ranked lower than
99% of the 1466 Companies
in the Global Metal Fabrication industry.

( Industry Median: 2.22 vs. PCP: 0.05 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 0.05
PCP's Yield on cost (5-Year) is ranked lower than
99% of the 1935 Companies
in the Global Metal Fabrication industry.

( Industry Median: 2.54 vs. PCP: 0.05 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
PCP' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 0.04  Med: 0.09 Max: 0.24
Current: 0.05
0.04
0.24
3-Year Average Share Buyback Ratio 0.50
PCP's 3-Year Average Share Buyback Ratio is ranked higher than
80% of the 1031 Companies
in the Global Metal Fabrication industry.

( Industry Median: -0.70 vs. PCP: 0.50 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
PCP' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -8.6  Med: -1.80 Max: 0.5
Current: 0.5
-8.6
0.5

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 50.53
PCP's Price/Tangible Book is ranked lower than
99% of the 1596 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.64 vs. PCP: 50.53 )
Ranked among companies with meaningful Price/Tangible Book only.
PCP' s Price/Tangible Book Range Over the Past 10 Years
Min: 3.37  Med: 12.52 Max: 135.25
Current: 50.53
3.37
135.25
Price/Projected FCF 1.26
PCP's Price/Projected FCF is ranked lower than
53% of the 956 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.21 vs. PCP: 1.26 )
Ranked among companies with meaningful Price/Projected FCF only.
PCP' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.7  Med: 1.54 Max: 2.94
Current: 1.26
0.7
2.94
Price/DCF (Earnings Based) 1.01
PCP's Price/DCF (Earnings Based) is ranked higher than
67% of the 63 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.39 vs. PCP: 1.01 )
Ranked among companies with meaningful Price/DCF (Earnings Based) only.
N/A
Price/Median PS Value 1.11
PCP's Price/Median PS Value is ranked lower than
52% of the 1598 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.08 vs. PCP: 1.11 )
Ranked among companies with meaningful Price/Median PS Value only.
PCP' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.14  Med: 0.54 Max: 1.35
Current: 1.11
0.14
1.35
Price/Peter Lynch Fair Value 1.60
PCP's Price/Peter Lynch Fair Value is ranked lower than
60% of the 430 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.30 vs. PCP: 1.60 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
PCP' s Price/Peter Lynch Fair Value Range Over the Past 10 Years
Min: 0.3  Med: 1.06 Max: 4.59
Current: 1.6
0.3
4.59
Price/Graham Number 7.42
PCP's Price/Graham Number is ranked lower than
95% of the 1223 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.19 vs. PCP: 7.42 )
Ranked among companies with meaningful Price/Graham Number only.
PCP' s Price/Graham Number Range Over the Past 10 Years
Min: 1.05  Med: 2.94 Max: 12.13
Current: 7.42
1.05
12.13
Earnings Yield (Greenblatt) (%) 6.40
PCP's Earnings Yield (Greenblatt) (%) is ranked higher than
56% of the 1736 Companies
in the Global Metal Fabrication industry.

( Industry Median: 5.40 vs. PCP: 6.40 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
PCP' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 5.7  Med: 7.30 Max: 24
Current: 6.4
5.7
24
Forward Rate of Return (Yacktman) (%) 18.71
PCP's Forward Rate of Return (Yacktman) (%) is ranked higher than
80% of the 907 Companies
in the Global Metal Fabrication industry.

( Industry Median: 6.44 vs. PCP: 18.71 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
PCP' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: 2.8  Med: 18.80 Max: 47.2
Current: 18.71
2.8
47.2

More Statistics

Revenue(Mil) $9662
EPS $ 9.47
Short Percentage of Float1.91%
52-Week Range $187.00 - 234.99
Shares Outstanding(Mil)137.59

Analyst Estimate

Mar16 Mar17 Mar18 Mar19
Revenue(Mil) 9,986 10,497 11,134 11,216
EPS($) 12.43 13.74 15.21 15.61
EPS without NRI($) 12.43 13.74 15.21 15.61

Business Description

Industry: Industrial Products » Metal Fabrication
Compare:SZSE:000039, SHSE:601106, TPE:2474, TSE:6471, SZSE:002426 » details
Traded in other countries:PC9.Germany,
Precision Castparts Corp was incorporated in the State of Oregon. The Company is a manufacturer of complex metal components and products provides high-quality investment castings, forgings and fasteners/fastener systems for critical aerospace and power applications. It also provides investment castings and forgings for general industrial, armament, medical and other applications; nickel alloys and mill forms, as well as cobalt alloys, for the aerospace, chemical processing, oil and gas, pollution control and other industries; seamless pipe for coal-fired, industrial gas turbine, and nuclear power plants, as well as oil and gas applications; fasteners for automotive and general industrial markets; specialty alloys for the investment casting industry; refiner plates, screen cylinders and other products for the pulp and paper industry; metal-injection-molded and ThixoFormedparts for automotive and other markets; grinder pumps and affiliated components for low pressure sewer systems; critical auxiliary equipment and gas monitoring systems for the power generation industry; and metalworking tools for the fastener market and other applications. It manufactures complex metal components and products in three main business segments: Investment Cast Products, Forged Products and Fastener Products. The Company's Investment Cast Products segment manufactures investment castings for aircraft engines, IGT engines, airframes, medical prostheses, armament, unmanned aerial vehicles and other industrial applications. The segment also provides alloys to PCC's investment casting operations, as well as to other investment casting companies. It manufactures forged components for the aerospace and power generation markets. Forged Products' aerospace and IGT sales are mainly derived from the same large engine customers served by the Investment Cast Products segment, with additional aerospace sales to manufacturers of landing gear and airframes. Therefore, the dynamics of the aerospace and IGT markets, as described in the Investment Cast Products section above, are virtually the same for Forged Products. It manufactures forged components for the aerospace and power generation markets. Forged Products' aerospace and IGT sales are mainly derived from the same large engine customers served by the Investment Cast Products segment, with additional aerospace sales to manufacturers of landing gear and airframes. Therefore, the dynamics of the aerospace and IGT markets, as described in the Investment Cast Products section above, are virtually the same for Forged Products. The Company's main competitors are Ladish Co., a subsidiary of Allegheny Technologies, Inc., Fortech, S.A. and Thyssen AG for aerospace turbine products, Alcoa Inc. and Firth Rixson Limited for aerospace structural products, Vallourec & Mannesmann Tubes and Sumitomo Corporation for energy products and Allegheny Technologies, Inc., Carpenter Technology Corporation, Haynes International, Inc., an
» More Articles for PCP

Headlines

Articles On GuruFocus.com
John Paulson Sells Allergan, Precision Castparts, AIG Mar 30 2016 
Berkshire Hathaway Is Safe and Cheap Mar 23 2016 
Guru Stocks With High Business Predictability Feb 15 2016 
Prem Watsa's 5 Largest New Buys Feb 12 2016 
Westport Trims Nearly 39% of Stakes in Portfolio Feb 12 2016 
Mario Gabelli Comments on Precision Castparts Corp Jan 29 2016 
Warren Buffett Buys Phillips 66 for Fourth Consecutive Day Jan 12 2016 
Companies Reach Their Year-Long High Stock Prices Jan 12 2016 
Prem Watsa Sells Polypore, Advent Software Jan 07 2016 
Lou Simpsons' High Quality Stocks Include Ametek, Berkshire Dec 22 2015 

More From Other Websites
Oregon to begin surprise air quality tests at 100 businesses Apr 29 2016
Precision Castparts goes on the offensive to win trust of neighbors worried about air quality Apr 19 2016
Precision Castparts to talk air pollution before Milwaukie City Council Apr 19 2016
May 27 Deadline in Lawsuit for Investors in shares of Precision Castparts Corp. (formerly NYSE:PCP)... Apr 18 2016
Mark Donegan: Portland's manufacturing da Vinci? Feb 29 2016
Cramer: Buffett's Annual Report Is Chock-Full of Investable Ideas Feb 29 2016
Buffett Seeks More Takeovers, Likens Precision's CEO to Da Vinci Feb 27 2016
Even Amid Difficulties, Berkshire Book Value Increases Feb 27 2016
Buffett Spared S&P Downgrade Over Precision Castparts Deal Feb 19 2016
Buffett Names Combs to Precision Board After $37.2 Billion Deal Feb 04 2016
With Largest International Presence At Singapore Airshow 2016, U.S. Showcases Commitment To... Feb 01 2016
Berkshire Hathaway Completes Acquisition of Precision Castparts Jan 29 2016
Berkshire Hathaway Completes Acquisition of Precision Castparts Jan 29 2016
Berkshire Hathaway Completes Acquisition of Precision Castparts Jan 29 2016
Berkshire Hathaway Completes Acquisition of Precision Castparts Jan 29 2016
What Really Caused Tuesday's Stock Market Rally? Jan 27 2016
Citizens Financial Group Set to Join the S&P 500; ZELTIQ Aesthetics, RE/MAX to Join S&P SmallCap 600 Jan 26 2016
Bill Gross says you can thank Warren Buffett for Tuesday's stock market rally Jan 26 2016
Berkshire Hathaway Acquisition of Precision Castparts to Close on Friday, January 29, 2016 Jan 25 2016
PRECISION CASTPARTS CORP Files SEC form 8-K, Other Events Jan 25 2016

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK