Switch to:

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 : 6/10

vs
industry
vs
history
Cash to Debt 0.07
PPO's Cash to Debt is ranked lower than
66% of the 242 Companies
in the Global Industrial Distribution industry.

( Industry Median: 1.25 vs. PPO: 0.07 )
PPO' s 10-Year Cash to Debt Range
Min: 0.03   Max: No Debt
Current: 0.07

Equity to Asset 0.44
PPO's Equity to Asset is ranked higher than
58% of the 246 Companies
in the Global Industrial Distribution industry.

( Industry Median: 0.47 vs. PPO: 0.44 )
PPO' s 10-Year Equity to Asset Range
Min: 0.05   Max: 0.44
Current: 0.44

0.05
0.44
F-Score: 8
Z-Score: 2.30
M-Score: -2.56
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 (%) 13.82
PPO's Operating margin (%) is ranked higher than
93% of the 246 Companies
in the Global Industrial Distribution industry.

( Industry Median: 4.33 vs. PPO: 13.82 )
PPO' s 10-Year Operating margin (%) Range
Min: -11.1   Max: 24.83
Current: 13.82

-11.1
24.83
Net-margin (%) 12.83
PPO's Net-margin (%) is ranked higher than
95% of the 246 Companies
in the Global Industrial Distribution industry.

( Industry Median: 2.86 vs. PPO: 12.83 )
PPO' s 10-Year Net-margin (%) Range
Min: -22.7   Max: 13.79
Current: 12.83

-22.7
13.79
ROE (%) 13.30
PPO's ROE (%) is ranked higher than
82% of the 245 Companies
in the Global Industrial Distribution industry.

( Industry Median: 7.81 vs. PPO: 13.30 )
PPO' s 10-Year ROE (%) Range
Min: -42.45   Max: 23.87
Current: 13.3

-42.45
23.87
ROA (%) 5.26
PPO's ROA (%) is ranked higher than
77% of the 246 Companies
in the Global Industrial Distribution industry.

( Industry Median: 3.38 vs. PPO: 5.26 )
PPO' s 10-Year ROA (%) Range
Min: -8.67   Max: 7.1
Current: 5.26

-8.67
7.1
ROC (Joel Greenblatt) (%) 11.64
PPO's ROC (Joel Greenblatt) (%) is ranked higher than
58% of the 246 Companies
in the Global Industrial Distribution industry.

( Industry Median: 15.48 vs. PPO: 11.64 )
PPO' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -11.32   Max: 28.08
Current: 11.64

-11.32
28.08
Revenue Growth (%) 0.70
PPO's Revenue Growth (%) is ranked higher than
58% of the 216 Companies
in the Global Industrial Distribution industry.

( Industry Median: 5.50 vs. PPO: 0.70 )
PPO' s 10-Year Revenue Growth (%) Range
Min: -81.2   Max: 9.3
Current: 0.7

-81.2
9.3
EBITDA Growth (%) -7.60
PPO's EBITDA Growth (%) is ranked higher than
52% of the 177 Companies
in the Global Industrial Distribution industry.

( Industry Median: 8.80 vs. PPO: -7.60 )
PPO' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 27.9
Current: -7.6

0
27.9
EPS Growth (%) -19.70
PPO's EPS Growth (%) is ranked lower than
53% of the 168 Companies
in the Global Industrial Distribution industry.

( Industry Median: 4.70 vs. PPO: -19.70 )
PPO' s 10-Year EPS Growth (%) Range
Min: -19.7   Max: 311.1
Current: -19.7

-19.7
311.1
» PPO's 10-Y Financials

Financials


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

» Details

Guru Trades

Q3 2013

PPO Guru Trades in Q3 2013

PRIMECAP Management 3,062,400 sh (+62.93%)
Steven Cohen Sold Out
Ron Baron 1,174,731 sh (-17.61%)
Columbia Wanger 1,132,500 sh (-29.15%)
Manning & Napier Advisors, Inc 115,100 sh (-59.33%)
» More
Q4 2013

PPO Guru Trades in Q4 2013

Joel Greenblatt 82,306 sh (New)
PRIMECAP Management 4,381,900 sh (+43.09%)
Manning & Napier Advisors, Inc 116,500 sh (+1.22%)
Columbia Wanger 1,056,000 sh (-6.75%)
Ron Baron 881,263 sh (-24.98%)
» More
Q1 2014

PPO Guru Trades in Q1 2014

Joel Greenblatt 619,580 sh (+652.78%)
PRIMECAP Management 6,290,000 sh (+43.55%)
Columbia Wanger Sold Out
Manning & Napier Advisors, Inc 63,160 sh (-45.79%)
Ron Baron 23,383 sh (-97.35%)
» More
Q2 2014

PPO Guru Trades in Q2 2014

Michael Price 25,000 sh (New)
PRIMECAP Management 6,162,200 sh (-2.03%)
Manning & Napier Advisors, Inc 54,190 sh (-14.2%)
Ron Baron 17,883 sh (-23.52%)
Joel Greenblatt 469,466 sh (-24.23%)
» More
» Details

Insider Trades

Latest Guru Trades with PPO

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

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Michael Price 2014-06-30 New Buy0.15%$33.99 - $48.41 $ 44.8310%25000
Joel Greenblatt 2014-06-30 Reduce -24.23%0.08%$33.99 - $48.41 $ 44.8310%469466
Ron Baron 2014-06-30 Reduce -23.52%$33.99 - $48.41 $ 44.8310%17883
Joel Greenblatt 2014-03-31 Add 652.78%0.28%$29.63 - $39.92 $ 44.8328%619580
Ron Baron 2014-03-31 Reduce -97.35%0.14%$29.63 - $39.92 $ 44.8328%23383
PRIMECAP Management 2014-03-31 Add 43.55%0.07%$29.63 - $39.92 $ 44.8328%6290000
Joel Greenblatt 2013-12-31 New Buy0.08%$35.91 - $45.2 $ 44.8314%82306
PRIMECAP Management 2013-12-31 Add 43.09%0.06%$35.91 - $45.2 $ 44.8314%4381900
Ron Baron 2013-12-31 Reduce -24.98%0.05%$35.91 - $45.2 $ 44.8314%881263
PRIMECAP Management 2013-09-30 Add 62.93%0.07%$40.44 - $46 $ 44.835%3062400
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Polypore International Inc

Meridian Funds Comments on Polypore International Inc - Jun 19, 2014

Polypore International, Inc. (PPO) was the Fund’s largest detractor during the period. The company reported a weak third quarter with revenues and EPS missing consensus estimates. Additionally, the company announced that it was in the process of renegotiating contracts with its largest customers and that the outcome of these negotiations was difficult to predict. We continue to own the stock because we believe that Polypore has proprietary technology that allows it to manufacture the highest quality battery separators at the lowest cost. As electric and hybrid vehicles continue to increase their penetration of the auto market, we believe that Polypore should be poised to grow at high incremental margins and at high returns on invested capital.



From Meridian Funds's semi-annual report ended December 31, 2013.



Check out Meridian Funds latest stock trades

Baron Funds Comments on Polypore International - Jun 10, 2013

Polypore International, Inc. (PPO), the maker of separators for lithium and lead aid batteries, fell 13.6% in the quarter after the company reported poor earnings. Lithium market sales were disappointing in both consumer and electric vehicle end markets, and the company has excess capacity that will lead to depressed margins until sales pick up. We continue to believe in the company's competitive and technological advantages and think that electric vehicle production has bottomed and will be a great growth theme for years to come.

From Baron Funds’ first quarter 2013 commentary.
Check out Ron Baron latest stock trades

Baron Funds Comments on Polypore International - Feb 20, 2013

Polypore International, Inc. (PPO) gained 31.5% in the fourth quarter. Sales of electric vehicles (EVs), which use battery separator components manufactured by Polypore, were choppy over the course of 2012. This hurt Polypore's sales volumes and caused it to reduce earnings expectations earlier in the year. In the fall, Polypore held a constructive analyst day, where the company's management team showcased their state of the art manufacturing facilities and differentiated technology. In the aftermath, Polypore's shares began to recover from their pullback earlier in the year. We think the market for EVs has bottomed, and that volumes of hybrids and other EVs should start to pick up. We continue to believe that Polypore's shares are undervalued and its multiple will increase once endmarket growth resumes. (Randy Gwirtzman)

From Baron Funds' fourth quarter commentary.


Check out Ron Baron latest stock trades

Baron Funds Comments on Polypore International - Feb 06, 2013

Polypore International, Inc. (PPO), a high-tech filtration company, jumped 31.5% in the quarter, making up for losses early in the year. Auto sales remain strong and electric vehicle capacity is being restarted, so there is hope that sales of separators to electric vehicle manufacturers will start to grow rapidly again. The stock is inexpensive in light of the earnings growth we foresee.

From Baron Funds' fourth quarter letter.


Check out Ron Baron latest stock trades

Top Ranked Articles about Polypore International Inc

Meridian Funds Comments on Polypore International Inc
Polypore International, Inc. (PPO) was the Fund’s largest detractor during the period. The company reported a weak third quarter with revenues and EPS missing consensus estimates. Additionally, the company announced that it was in the process of renegotiating contracts with its largest customers and that the outcome of these negotiations was difficult to predict. We continue to own the stock because we believe that Polypore has proprietary technology that allows it to manufacture the highest quality battery separators at the lowest cost. As electric and hybrid vehicles continue to increase their penetration of the auto market, we believe that Polypore should be poised to grow at high incremental margins and at high returns on invested capital. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 33.80
PPO's P/E(ttm) is ranked higher than
50% of the 255 Companies
in the Global Industrial Distribution industry.

( Industry Median: 21.90 vs. PPO: 33.80 )
PPO' s 10-Year P/E(ttm) Range
Min: 4.05   Max: 987.89
Current: 33.8

4.05
987.89
P/B 3.26
PPO's P/B is ranked lower than
64% of the 255 Companies
in the Global Industrial Distribution industry.

( Industry Median: 1.60 vs. PPO: 3.26 )
PPO' s 10-Year P/B Range
Min: 0.32   Max: 10.56
Current: 3.26

0.32
10.56
P/S 3.13
PPO's P/S is ranked lower than
77% of the 255 Companies
in the Global Industrial Distribution industry.

( Industry Median: 0.69 vs. PPO: 3.13 )
PPO' s 10-Year P/S Range
Min: 0.22   Max: 4.82
Current: 3.13

0.22
4.82
PFCF 18.22
PPO's PFCF is ranked higher than
80% of the 255 Companies
in the Global Industrial Distribution industry.

( Industry Median: 119.34 vs. PPO: 18.22 )
PPO' s 10-Year PFCF Range
Min: 3.33   Max: 400
Current: 18.22

3.33
400
EV-to-EBIT 29.53
PPO's EV-to-EBIT is ranked higher than
51% of the 255 Companies
in the Global Industrial Distribution industry.

( Industry Median: 15.81 vs. PPO: 29.53 )
PPO' s 10-Year EV-to-EBIT Range
Min: 8.1   Max: 50.2
Current: 29.53

8.1
50.2
Shiller P/E 79.34
PPO's Shiller P/E is ranked higher than
59% of the 255 Companies
in the Global Industrial Distribution industry.

( Industry Median: 78.37 vs. PPO: 79.34 )
PPO' s 10-Year Shiller P/E Range
Min: 46.89   Max: 1346.33
Current: 79.34

46.89
1346.33
Current Ratio 2.45
PPO's Current Ratio is ranked higher than
80% of the 192 Companies
in the Global Industrial Distribution industry.

( Industry Median: 1.81 vs. PPO: 2.45 )
PPO' s 10-Year Current Ratio Range
Min: 1.56   Max: 4.01
Current: 2.45

1.56
4.01
Quick Ratio 1.49
PPO's Quick Ratio is ranked higher than
72% of the 192 Companies
in the Global Industrial Distribution industry.

( Industry Median: 1.19 vs. PPO: 1.49 )
PPO' s 10-Year Quick Ratio Range
Min: 1.14   Max: 2.89
Current: 1.49

1.14
2.89

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 22.42
PPO's Price/Tangible Book is ranked lower than
62% of the 255 Companies
in the Global Industrial Distribution industry.

( Industry Median: 1.77 vs. PPO: 22.42 )
PPO' s 10-Year Price/Tangible Book Range
Min: 16.45   Max: 669.67
Current: 22.42

16.45
669.67
Price/DCF (Projected) 2.25
PPO's Price/DCF (Projected) is ranked higher than
70% of the 255 Companies
in the Global Industrial Distribution industry.

( Industry Median: 2.30 vs. PPO: 2.25 )
PPO' s 10-Year Price/DCF (Projected) Range
Min: 1.8   Max: 4.14
Current: 2.25

1.8
4.14
Price/Median PS Value 1.36
PPO's Price/Median PS Value is ranked higher than
54% of the 255 Companies
in the Global Industrial Distribution industry.

( Industry Median: 1.16 vs. PPO: 1.36 )
PPO' s 10-Year Price/Median PS Value Range
Min: 0.13   Max: 1.94
Current: 1.36

0.13
1.94
Price/Graham Number 10.25
PPO's Price/Graham Number is ranked lower than
52% of the 255 Companies
in the Global Industrial Distribution industry.

( Industry Median: 2.02 vs. PPO: 10.25 )
PPO' s 10-Year Price/Graham Number Range
Min: 5.54   Max: 31.89
Current: 10.25

5.54
31.89
Earnings Yield (Greenblatt) 3.40
PPO's Earnings Yield (Greenblatt) is ranked lower than
58% of the 231 Companies
in the Global Industrial Distribution industry.

( Industry Median: 7.60 vs. PPO: 3.40 )
PPO' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2   Max: 12.4
Current: 3.4

2
12.4
Forward Rate of Return (Yacktman) 1.28
PPO's Forward Rate of Return (Yacktman) is ranked higher than
58% of the 182 Companies
in the Global Industrial Distribution industry.

( Industry Median: 6.06 vs. PPO: 1.28 )
PPO' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 0.9   Max: 42.6
Current: 1.28

0.9
42.6

Business Description

Industry: Industrial Distribution » Industrial Distribution
Compare:WOSYY, GWW, GPC, NDEKY, LKQ » details
Traded in other countries:QL2.Germany
Polypore International, Inc. is a Delaware corporation is a global high technology filtration company that develops, manufactures and markets specialized microporous membranes used in separation and filtration processes. The microporous membranes that Company produces are highly engineered polymeric structures that contain millions of pores per square inch, enabling the management of ions, gases and particles that range in size from the cellular to the nano or molecular level. Its operations are mainly managed on a products basis and are comprised of three operating segments that have been aggregated into two reportable segments: energy storage and separations media. The energy storage segment produces and markets membranes that provide the critical function of separating the cathode and anode in a variety of battery markets, including lithium, industrial and transportation applications. The separations media segment produces and markets membranes used as the high technology filtration element in various medical and industrial applications. Electronics applications: The Company develops, manufactures and markets a line of patented polypropylene and polyethylene monolayer and multilayer membrane separators for lithium batteries that are used in numerous applications such as personal electronic devices, cordless power tools and HEVs and other electric vehicles. Transportation and industrial applications: Polypore develops, manufactures and markets a complete line of high-performance polymer-based membrane separators for lead-acid batteries. Approximately 80% of its lead-acid battery separators are used in batteries for automobiles and other motor vehicles. The Company develops, manufactures and markets a complete line of patented polyethersulfone membranes for the hemodialysis market. Hemodialysis is the artificial process that performs the function of a healthy kidney for patients with permanent kidney failure, a condition known as End Stage Renal Disease. Polypore develops, manufactures and markets polypropylene and polymethylpentene membranes for the blood oxygenation market. As a component of heart-lung machines, blood oxygenators temporarily replace the functions of the lungs during on-pump open-heart surgery. The Company develops, manufactures and markets polypropylene and polyethersulfone membranes for the plasmapheresis market. In plasmapheresis, plasma is separated from the blood and either retained for the production of therapeutic proteins or filtered and returned to the blood as a treatment for various autoimmune disorders. Polypore produces a range of membranes and membrane-based elements for micro- and ultrafiltration and gasification/degasification of liquids, covering a range of applications in the filtration market. The Company sells its products and services to customers in both the domestic and international marketplace. Polypore sells mainly to manufacturers and converters that incorporate its products into thei
» More Articles for PPO

Headlines

Articles On GuruFocus.com
Meridian Funds Comments on Polypore International Inc Jun 19 2014 
Weekly 3-Year Low Highlights: CHRW, EPB, BTE, PPO Feb 09 2014 
Baron Funds Comments on Polypore International Jun 10 2013 
Baron Funds Comments on Polypore International Feb 20 2013 
Baron Funds Comments on Polypore International Feb 06 2013 
Baron Funds Comments on Polypore International May 24 2012 
Weekly Guru Bargains Highlights: VALE, PPO, KGC, ATML, STLD May 20 2012 
Weekly Guru Bargains Highlights: CRR, FSLR, BCPC, PPO, EXPE Mar 05 2012 
Weekly Guru Bargains Highlights: CRR, FSLR, BCPC, PPO, EXPE Mar 05 2012 
Baron Opportunity Fund Commentary on: PLCM, PPO, PEGA, CRR, EQIX, WBMD, NILE, RATE, VLT, EW Sep 07 2011 

More From Other Websites
POLYPORE INTERNATIONAL, INC. Financials Aug 15 2014
POLYPORE INTERNATIONAL, INC. Files SEC form 10-Q, Quarterly Report Aug 07 2014
Polypore Intl downgraded by Ardour Capital Aug 07 2014
UPDATE: D.A. Davidson & Co. Reiterates On Polypore International Following Slight Q2 Miss Aug 07 2014
POLYPORE INTERNATIONAL, INC. Files SEC form 8-K, Results of Operations and Financial Condition,... Aug 06 2014
Polypore Reports Second Quarter 2014 Results Aug 06 2014
Q2 2014 Polypore International Inc. Earnings Release - After Market Close Aug 06 2014
Polypore court ruling a 'significant positive,' says William Blair Jul 22 2014
POLYPORE INTERNATIONAL, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits Jul 21 2014
Polypore receives favorable ruling on preliminary injunction against LG Chem Jul 21 2014
Polypore Receives Favorable Ruling on Preliminary Injunction Against LG Chem, Ltd. Jul 21 2014
Polypore Sets Second Quarter 2014 Earnings Release and Conference Call Date Jul 08 2014
POLYPORE INTERNATIONAL, INC. Files SEC form 8-K, Changes in Registrant's Certifying Accountant,... Jun 16 2014
UPDATE: D.A. Davidson & Co. Reiterates On Polypore International On Positive EDV Trend Jun 16 2014
Polypore coverage resumed with a Buy at Stifel May 28 2014
Elon Musk Is Making The Most Difficult Bet Of His Career May 27 2014
Polypore International, Inc.: A Stable Company With Growing Potential May 23 2014
POLYPORE INTERNATIONAL, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and... May 22 2014
Polypore price target raised to $51 from $42 at DA Davidson May 19 2014

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

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)
Free 7-day Trial
FEEDBACK