Tearsheet

Pioneer Power Solutions (PPSI)


Market Price (5/22/2026): $4.88 | Market Cap: $54.1 Mil
Sector: Industrials | Industry: Electrical Components & Equipment

Pioneer Power Solutions (PPSI)


Market Price (5/22/2026): $4.88
Market Cap: $54.1 Mil
Sector: Industrials
Industry: Electrical Components & Equipment

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -22%

Megatrend and thematic drivers
Megatrends include Electric Vehicles & Autonomous Driving, and Smart Grids & Grid Modernization. Themes include EV Charging Infrastructure, Grid Automation, Show more.

Trading close to highs
Dist 52W High is -4.8%

Weak multi-year price returns
3Y Excs Rtn is -56%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -6.3 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -25%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -4.4%, Rev Chg QQuarterly Revenue Change % is -37%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -33%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -42%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -18%

Key risks
PPSI key risks include [1] its ongoing unprofitability and challenges converting backlog into revenue, Show more.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -22%
1 Megatrend and thematic drivers
Megatrends include Electric Vehicles & Autonomous Driving, and Smart Grids & Grid Modernization. Themes include EV Charging Infrastructure, Grid Automation, Show more.
2 Trading close to highs
Dist 52W High is -4.8%
3 Weak multi-year price returns
3Y Excs Rtn is -56%
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -6.3 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -25%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -4.4%, Rev Chg QQuarterly Revenue Change % is -37%
6 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -33%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -42%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -18%
8 Key risks
PPSI key risks include [1] its ongoing unprofitability and challenges converting backlog into revenue, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Pioneer Power Solutions (PPSI) stock has gained about 15% since 1/31/2026 because of the following key factors:

1. Major Contract Win for New Product Line. Pioneer Power Solutions secured a significant $6.0 million contract for two of its newly launched PRYMUS distributed generation systems on May 18, 2026. This award, just five months after PRYMUS's introduction in December 2025, reflects early market validation and growing demand for its rapid, scalable power solutions, particularly for applications like modular data centers and industrial automation.

2. Demonstrated Increase in Backlog. The company reported an 11% sequential increase in its backlog, reaching $13.9 million as of March 31, 2026, up from $12.6 million at December 31, 2025. This expansion suggests building commercial momentum and rising customer demand for Pioneer's distributed power solutions.

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Stock Movement Drivers

Fundamental Drivers

The 16.4% change in PPSI stock from 1/31/2026 to 5/21/2026 was primarily driven by a 46.9% change in the company's P/S Multiple.
(LTM values as of)13120265212026Change
Stock Price ($)4.274.9716.4%
Change Contribution By: 
Total Revenues ($ Mil)3225-20.8%
P/S Multiple1.52.246.9%
Shares Outstanding (Mil)11110.0%
Cumulative Contribution16.4%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/21/2026
ReturnCorrelation
PPSI16.4% 
Market (SPY)7.6%40.0%
Sector (XLI)3.4%36.2%

Fundamental Drivers

The 8.0% change in PPSI stock from 10/31/2025 to 5/21/2026 was primarily driven by a 34.3% change in the company's P/S Multiple.
(LTM values as of)103120255212026Change
Stock Price ($)4.604.978.0%
Change Contribution By: 
Total Revenues ($ Mil)3125-19.6%
P/S Multiple1.62.234.3%
Shares Outstanding (Mil)11110.1%
Cumulative Contribution8.0%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/21/2026
ReturnCorrelation
PPSI8.0% 
Market (SPY)9.5%41.6%
Sector (XLI)10.7%37.6%

Fundamental Drivers

The 86.1% change in PPSI stock from 4/30/2025 to 5/21/2026 was primarily driven by a 70.4% change in the company's P/S Multiple.
(LTM values as of)43020255212026Change
Stock Price ($)2.674.9786.1%
Change Contribution By: 
Total Revenues ($ Mil)23259.9%
P/S Multiple1.32.270.4%
Shares Outstanding (Mil)1111-0.7%
Cumulative Contribution86.1%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/21/2026
ReturnCorrelation
PPSI86.1% 
Market (SPY)35.5%31.5%
Sector (XLI)31.7%26.6%

Fundamental Drivers

The 31.3% change in PPSI stock from 4/30/2023 to 5/21/2026 was primarily driven by a 53.4% change in the company's P/S Multiple.
(LTM values as of)43020235212026Change
Stock Price ($)3.784.9731.3%
Change Contribution By: 
Total Revenues ($ Mil)2625-2.8%
P/S Multiple1.42.253.4%
Shares Outstanding (Mil)1011-11.9%
Cumulative Contribution31.3%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/21/2026
ReturnCorrelation
PPSI31.3% 
Market (SPY)85.6%30.1%
Sector (XLI)78.3%27.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
PPSI Return99%-64%153%-19%15%3%70%
Peers Return15%-10%110%95%94%110%1622%
S&P 500 Return27%-19%24%23%16%9%98%

Monthly Win Rates [3]
PPSI Win Rate42%33%58%50%58%40% 
Peers Win Rate52%40%65%62%60%67% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
PPSI Max Drawdown-66%-73%-48%-50%-47%-55% 
Peers Max Drawdown-33%-46%-31%-35%-48%-20% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: POWL, FPS, ETN, VRT, BE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/21/2026 (YTD)

How Low Can It Go

EventPPSIS&P 500
2025 US Tariff Shock
  % Loss-44.4%-18.8%
  % Gain to Breakeven79.8%23.1%
  Time to Breakeven129 days79 days
2024 Yen Carry Trade Unwind
  % Loss-11.8%-7.8%
  % Gain to Breakeven13.4%8.5%
  Time to Breakeven39 days18 days
2023 SVB Regional Banking Crisis
  % Loss-11.0%-6.7%
  % Gain to Breakeven12.4%7.1%
  Time to Breakeven9 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-66.3%-24.5%
  % Gain to Breakeven196.4%32.4%
  Time to Breakeven246 days427 days
2020 COVID-19 Crash
  % Loss-52.2%-33.7%
  % Gain to Breakeven109.3%50.9%
  Time to Breakeven141 days140 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-10.6%-3.7%
  % Gain to Breakeven11.9%3.9%
  Time to Breakeven9 days6 days

Compare to POWL, FPS, ETN, VRT, BE

In The Past

Pioneer Power Solutions's stock fell -44.4% during the 2025 US Tariff Shock. Such a loss loss requires a 79.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventPPSIS&P 500
2025 US Tariff Shock
  % Loss-44.4%-18.8%
  % Gain to Breakeven79.8%23.1%
  Time to Breakeven129 days79 days
2022 Inflation Shock & Fed Tightening
  % Loss-66.3%-24.5%
  % Gain to Breakeven196.4%32.4%
  Time to Breakeven246 days427 days
2020 COVID-19 Crash
  % Loss-52.2%-33.7%
  % Gain to Breakeven109.3%50.9%
  Time to Breakeven141 days140 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-53.0%-12.2%
  % Gain to Breakeven113.0%13.9%
  Time to Breakeven320 days62 days
2014-2016 Oil Price Collapse
  % Loss-62.4%-6.8%
  % Gain to Breakeven165.6%7.3%
  Time to Breakeven357 days15 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-37.5%-17.9%
  % Gain to Breakeven60.0%21.8%
  Time to Breakeven83 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-34.2%-15.4%
  % Gain to Breakeven52.0%18.2%
  Time to Breakeven15 days125 days

Compare to POWL, FPS, ETN, VRT, BE

In The Past

Pioneer Power Solutions's stock fell -44.4% during the 2025 US Tariff Shock. Such a loss loss requires a 79.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Pioneer Power Solutions (PPSI)

Pioneer Power Solutions, Inc., together with its subsidiaries, designs, manufactures, sells, and services electric power systems, distributed energy resources, used and new power generation equipment, and mobile EV charging solutions in the United States, Canada, and internationally. The company operates in two segments, Transmission & Distribution Solutions and Critical Power Solutions. The Transmission & Distribution Solutions segment provides electric power systems, including e-Bloc, and distributed energy resources that help customers effectively and efficiently protect, control, transfer, monitor, and manage their electric energy requirements. It also provides low voltage switchgears and transfer switches. The Critical Power Solutions segment provides new and used power generation equipment, and aftermarket field-services to ensure smooth and uninterrupted power to operations during times of emergency. The company serves utility, industrial, commercial, and backup power markets. The company was incorporated in 2008 and is headquartered in Fort Lee, New Jersey. Pioneer Power Solutions, Inc. is a subsidiary of Provident Pioneer Partners, L.P.

AI Analysis | Feedback

  • A smaller, specialized **Eaton** or **Schneider Electric** focused on custom power systems, distributed energy, and mobile EV charging.
  • Like **Generac** for large industrial and utility backup power, combined with broader electrical infrastructure solutions.

AI Analysis | Feedback

  • Electric Power Systems: Systems designed to protect, control, transfer, monitor, and manage electric energy.
  • Distributed Energy Resources (DER): Solutions that help customers effectively and efficiently manage their electric energy requirements.
  • e-Bloc: A specific type of electric power system product offered by the company.
  • Low Voltage Switchgears: Electrical devices used to control, protect, and isolate electrical equipment in power systems.
  • Transfer Switches: Devices that automatically or manually switch electrical loads between two power sources, such as utility power and a backup generator.
  • New and Used Power Generation Equipment: Equipment for generating electricity, offered in both new and pre-owned conditions.
  • Mobile EV Charging Solutions: Portable systems designed to provide charging capabilities for electric vehicles.
  • Aftermarket Field Services: Maintenance, repair, and support services provided for power generation equipment to ensure uninterrupted operation.

AI Analysis | Feedback

Major Customers of Pioneer Power Solutions (PPSI)

Pioneer Power Solutions (PPSI) primarily sells its products and services to other companies and organizations rather than individual consumers. Based on the provided background information, the company serves the following major customer categories:

  • Utility Market: This includes companies involved in the generation, transmission, and distribution of electric power.
  • Industrial Market: Businesses within various industrial sectors that require specialized electric power systems and distributed energy resources for their operations.
  • Commercial Market: Commercial enterprises and organizations seeking solutions for protecting, controlling, monitoring, and managing their electrical energy requirements, including those for backup power.

The background information does not provide the names of specific customer companies or their public symbols.

AI Analysis | Feedback

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Nathan J. Mazurek, Chairman, President, and Chief Executive Officer

Mr. Mazurek has served as the Chief Executive Officer, President, and Chairman of the Board of Directors of Pioneer Power Solutions, Inc. since December 2, 2009. He also briefly held the roles of Chief Financial Officer, Secretary, and Treasurer from December 2, 2009, to August 12, 2010. With over 25 years of experience in the electrical equipment and components industry, Mr. Mazurek has a significant history of leadership. Prior to his current role, he served as Chief Executive Officer, President, Vice President of Sales and Marketing, and Chairman of the Board of Directors for Pioneer Transformers Ltd. since 1995. He has been the President of American Circuit Breaker Corp., a former manufacturer and distributor of circuit breakers, since 1988. Additionally, Mr. Mazurek was a director of Empire Resources, Inc. from 1999 to 2017, and served as President of Aerovox, Inc. from 2002 to 2007. His past leadership roles also include Chairman, President, and Chief Executive Officer of Titan Energy Worldwide, Inc. and Sierra Concepts, Inc. In 2024, he received a $2.0 million discretionary bonus for leading the divestiture of the Electrical Infrastructure Equipment segment. He holds a BA from Yeshiva College (1983) and a JD from Georgetown University Law Center (1986).

Walter Michalec, Chief Financial Officer, Treasurer, and Secretary

Mr. Michalec holds the positions of Chief Financial Officer, Treasurer, and Secretary for Pioneer Power Solutions, Inc. He has served in various capacities within the company, most recently as its Corporate Controller since August 2019. Before becoming Corporate Controller, he was the company's Operations Controller from March 2016 to August 2019 and a Senior Accountant from May 2012 to February 2016. Prior to joining Pioneer Power Solutions, Mr. Michalec worked as a public accountant for Mendonca & Partners Certified Public Accountants, LLC. He earned his Bachelor of Science in Accounting and a Minor in Criminal Justice from Kean University in 2011.

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Key Risks to Pioneer Power Solutions (PPSI)

Pioneer Power Solutions, Inc. (PPSI) faces several key risks that could impact its business operations, financial performance, and growth trajectory. These risks are particularly pertinent given the company's focus on electric power systems, distributed energy resources, and mobile EV charging solutions.

  1. Supply Chain and Raw Material Price Volatility: The company is highly susceptible to unanticipated increases in raw material prices and disruptions in its supply chain. For instance, rising copper prices have led to significant gross margin compression, impacting profitability. Such volatility can directly increase production costs and adversely affect the company's financial health and its ability to maintain consistent operating margins.
  2. Dependence on Key Customers: Pioneer Power Solutions relies on a limited number of customers for a substantial portion of its business. Specifically, the company has noted its dependence on two customers for a large portion of its revenue. This customer concentration creates a significant risk, as the loss of one or both of these key customers could lead to a material adverse effect on the company's revenues and overall financial stability.
  3. Intense Competition and Market Acceptance: Operating in the electrical equipment and power solutions industry means Pioneer Power Solutions faces significant competition from numerous well-established companies that often possess greater resources. This competitive landscape can make it challenging for PPSI to attract and retain customers, as well as to ensure market acceptance for its existing and new product offerings, including its rapidly evolving mobile EV charging solutions.

AI Analysis | Feedback

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AI Analysis | Feedback

The addressable markets for Pioneer Power Solutions' (PPSI) main products and services are as follows:
  • Low Voltage Switchgear: The North America low voltage switchgear market was valued at USD 14 billion in 2024 and is estimated to reach USD 25.7 billion by 2034. The U.S. market alone accounted for 85.4% of the North American low voltage switchgear market in 2024. Globally, over 76 million low voltage switchgear units were deployed in 2024.
  • Transfer Switches: The global automatic transfer switch market was valued at USD 881.4 million in 2024 and is expected to reach approximately USD 1.4 billion by 2034. The U.S. automatic transfer switch market is projected to exceed USD 279 million by 2034. North America is the largest market for transfer switches, holding approximately 40% of the global share.
  • Distributed Energy Resources (DER): The U.S. distributed energy generation market generated a revenue of USD 31,566.3 million in 2019 and is expected to reach USD 72,019.9 million by 2027. The global distributed energy resources (DER) technology market size accounted for USD 86.95 billion in 2024 and is predicted to increase to approximately USD 293.59 billion by 2034. The U.S. distributed energy resource management system (DERMS) market size was valued at USD 112.67 million in 2022 and is projected to grow at a CAGR of 18.69% during the forecast period. The Distributed Energy Resource Management System Market size in the United States was estimated at USD 71.4 million in 2024 and is projected to grow to USD 338.33 million by 2035.
  • Power Generation Equipment (new and used): The industrial power generation equipment market was estimated at USD 75.9 billion in 2024 globally and is expected to grow to USD 125.8 billion by 2034. In 2024, the U.S. industrial power generation equipment market generated approximately USD 16.5 billion in revenue. The global power generation equipment market size was valued at USD 115.70 billion in 2023 and is projected to reach USD 177.80 billion by 2032. The Power generation market in the U.S. is projected to grow significantly, reaching an estimated value of USD 307.89 billion by 2032.
  • Mobile EV Charging Solutions: The global portable EV charger market size is expected to be valued at USD 63.2 million in 2025 and is projected to reach USD 388.9 million by 2035. The global Level 2 portable electric vehicle (EV) charger market size was valued at USD 1.41 billion in 2024 and is estimated to grow to USD 5.73 billion by 2033. The U.S. electric vehicle charging equipment market size is estimated at USD 2.25 billion in 2025 and is expected to reach USD 3.60 billion by 2030.
  • Aftermarket Field-Services: The U.S. electrical services market, which includes maintenance and repair, was valued at USD 163.9 billion in 2024 and is expected to reach USD 294.6 billion by 2034.

AI Analysis | Feedback

Pioneer Power Solutions (PPSI) is expected to drive future revenue growth over the next 2-3 years through several key initiatives within its Critical Power Solutions segment, following the divestiture of its Transmission & Distribution Solutions business.

  1. Continued Growth of e-Boost Mobile EV Charging Solutions: The company anticipates significant revenue growth from the sales and rentals of its e-Boost mobile electric vehicle (EV) charging solutions. This product line, which has already seen substantial expansion with variants like e-Boost Mini, e-Boost Mobile, and e-Boost POD, is addressing increasing demand from sectors such as fleet operators, school districts, and municipalities for flexible and rapidly deployable EV charging infrastructure.

  2. Launch and Adoption of PowerCore (formerly HOMe-Boost): Pioneer Power Solutions is introducing PowerCore, a new product that integrates natural gas power generation with fast DC charging. This solution is designed to provide continuous, reliable on-site power and EV charging in residential, light commercial, and other resilience-demanding markets where such services are not readily available. PowerCore is positioned to expand the company's addressable market and is expected to be a key growth driver in 2026 and beyond.

  3. International Expansion through eBoost Franchise-Type Model: The company is actively pursuing growth in international EV markets, particularly in regions with supportive policies and incentives similar to those in the United States. Pioneer plans to implement an "eBoost franchise-type model," leveraging its engineering and development expertise to collaborate with local partners. This strategy is expected to generate additional revenue streams through licensing, technology transfer, and revenue-sharing agreements.

  4. Expansion of Service and Maintenance Agreements: Beyond equipment sales and rentals, Pioneer Power Solutions expects to grow its revenue through service and maintenance agreements related to its Critical Power Solutions. This recurring revenue stream supports the longevity and operational efficiency of the deployed e-Boost units and other power generation equipment, contributing to sustained financial performance.

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Share Issuance

  • As of April 11, 2025, 11,120,266 shares of common stock were outstanding.
  • The company recognized $1.5 million in non-cash, stock-based compensation expense during 2023, an increase from $1.0 million in 2022.
  • On March 2, 2026, CEO Nathan Mazurek exercised a stock option for 1,000 shares at $2.18 per share.

Capital Expenditures

  • Capital expenditures were reported as $0.237 million and $2.496 million in recent financial data.
  • The company's focus includes investment in product development, such as designing the e-Boost D Mobile, a model powered by diesel or renewable diesel, during the second half of 2025 to expand its addressable market.

Better Bets vs. Pioneer Power Solutions (PPSI)

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1Pioneer Power Solutions Earnings Notes12/16/2025
2null10/17/2025
Title
0ARTICLES

Trade Ideas

Select ideas related to PPSI.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
GEO_4302026_Dip_Buyer_ValueBuy04302026GEOGEODip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
0.0%0.0%0.0%
RUN_4302026_Short_Squeeze04302026RUNSunrunSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
0.0%0.0%0.0%
RSG_4172026_Monopoly_xInd_xCD_Getting_Cheaper04172026RSGRepublic ServicesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.8%0.8%-1.1%
VRSK_4102026_Dip_Buyer_FCFYield04102026VRSKVerisk AnalyticsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
12.3%12.3%0.0%
UHAL_4102026_Monopoly_xInd_xCD_Getting_Cheaper04102026UHALU-HaulMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.3%0.3%-1.0%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

PPSIPOWLFPSETNVRTBEMedian
NamePioneer .Powell I.Forgent .Eaton Vertiv Bloom En. 
Mkt Price4.97270.7548.52381.51323.40307.88289.31
Mkt Cap0.19.911.8148.1123.886.749.3
Rev LTM251,1321,19628,52210,8432,4491,823
Op Inc LTM-6224595,1812,035164194
FCF LTM-11193-983,7762,276230211
FCF 3Y Avg-9155-3,3481,4768155
CFO LTM-8203284,7412,577298251
CFO 3Y Avg-6166-4,1981,68674166

Growth & Margins

PPSIPOWLFPSETNVRTBEMedian
NamePioneer .Powell I.Forgent .Eaton Vertiv Bloom En. 
Rev Chg LTM-4.4%4.5%-12.7%29.0%56.5%12.7%
Rev Chg 3Y Avg117.3%24.8%-10.1%21.6%26.4%24.8%
Rev Chg Q-36.7%6.5%103.4%16.8%30.1%130.4%23.5%
QoQ Delta Rev Chg LTM-9.0%1.6%19.2%3.9%6.0%21.0%5.0%
Op Inc Chg LTM-6.8%7.6%-7.3%38.4%210.4%7.6%
Op Inc Chg 3Y Avg-29.3%169.1%-18.0%73.8%120.9%73.8%
Op Mgn LTM-24.9%19.8%5.0%18.2%18.8%6.7%12.4%
Op Mgn 3Y Avg-80.3%17.6%-18.2%16.7%-1.6%16.7%
QoQ Delta Op Mgn LTM-1.1%-0.4%0.7%-0.8%0.2%3.1%-0.1%
CFO/Rev LTM-32.6%18.0%2.3%16.6%23.8%12.2%14.4%
CFO/Rev 3Y Avg-64.8%17.0%-16.2%18.6%1.5%16.2%
FCF/Rev LTM-41.8%17.0%-8.2%13.2%21.0%9.4%11.3%
FCF/Rev 3Y Avg-90.3%15.9%-12.9%16.2%-2.5%12.9%

Valuation

PPSIPOWLFPSETNVRTBEMedian
NamePioneer .Powell I.Forgent .Eaton Vertiv Bloom En. 
Mkt Cap0.19.911.8148.1123.886.749.3
P/S2.28.79.95.211.435.49.3
P/Op Inc-8.844.1200.028.660.8528.752.5
P/EBIT-8.844.1189.628.662.81,426.753.5
P/E-7.352.82,381.337.179.514,376.966.1
P/CFO-6.748.5423.531.248.0290.848.3
Total Yield-13.7%2.0%0.0%2.7%1.3%0.0%0.7%
Dividend Yield0.0%0.1%0.0%0.0%0.1%0.0%0.0%
FCF Yield 3Y Avg-22.4%6.1%-2.7%3.3%-3.0%2.7%
D/E0.00.00.10.10.00.00.0
Net D/E-0.2-0.10.10.10.00.00.0

Returns

PPSIPOWLFPSETNVRTBEMedian
NamePioneer .Powell I.Forgent .Eaton Vertiv Bloom En. 
1M Rtn81.4%12.4%42.5%-6.6%3.5%39.4%25.9%
3M Rtn24.9%51.5%42.7%1.7%33.1%93.6%37.9%
6M Rtn47.5%176.2%67.3%16.9%102.7%229.7%85.0%
12M Rtn94.9%366.7%67.3%19.7%212.5%1,590.7%153.7%
3Y Rtn10.3%1,326.5%67.3%127.7%1,865.5%1,983.1%727.1%
1M Excs Rtn68.9%7.3%35.6%-11.9%1.7%29.7%18.5%
3M Excs Rtn23.4%40.8%35.0%-5.0%24.9%100.9%30.0%
6M Excs Rtn32.0%140.4%54.8%0.9%83.8%180.8%69.3%
12M Excs Rtn56.0%324.5%42.0%-7.8%179.0%1,485.8%117.5%
3Y Excs Rtn-55.7%1,316.2%-13.9%57.2%1,963.6%2,165.5%686.7%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Equipment12    
Service11    
Critical Power Solutions 111099
Electrical Infrastructure  16  
Transmission and Distribution (T&D) Solutions   910
Total2311261819


Price Behavior

Price Behavior
Market Price$4.97 
Market Cap ($ Bil)0.1 
First Trading Date03/17/2009 
Distance from 52W High-4.8% 
   50 Days200 Days
DMA Price$3.46$3.97
DMA Trendupdown
Distance from DMA43.7%25.1%
 3M1YR
Volatility96.7%86.2%
Downside Capture269.58239.77
Upside Capture270.48248.48
Correlation (SPY)38.5%31.3%
PPSI Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta1.342.162.272.432.021.41
Up Beta2.282.342.722.131.750.93
Down Beta-3.151.331.322.122.021.34
Up Capture72%170%148%274%316%477%
Bmk +ve Days15223166141428
Stock +ve Days14222961115345
Down Capture362%256%262%222%172%112%
Bmk -ve Days4183056108321
Stock -ve Days8213462124373

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PPSI
PPSI84.6%86.5%1.08-
Sector ETF (XLI)20.3%15.5%1.0026.9%
Equity (SPY)26.8%12.1%1.6731.1%
Gold (GLD)37.5%26.8%1.1622.2%
Commodities (DBC)43.5%18.6%1.80-7.7%
Real Estate (VNQ)12.0%13.4%0.5926.3%
Bitcoin (BTCUSD)-27.2%41.8%-0.6525.5%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PPSI
PPSI14.5%128.7%0.50-
Sector ETF (XLI)11.9%17.4%0.5316.3%
Equity (SPY)13.8%17.0%0.6417.0%
Gold (GLD)19.3%18.0%0.875.9%
Commodities (DBC)10.8%19.4%0.444.1%
Real Estate (VNQ)3.8%18.8%0.1014.3%
Bitcoin (BTCUSD)9.3%55.6%0.3715.9%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PPSI
PPSI5.4%129.4%0.46-
Sector ETF (XLI)13.8%20.0%0.6110.7%
Equity (SPY)15.5%17.9%0.7411.1%
Gold (GLD)13.2%16.0%0.682.0%
Commodities (DBC)7.8%17.9%0.354.8%
Real Estate (VNQ)5.4%20.7%0.229.8%
Bitcoin (BTCUSD)67.3%66.9%1.066.5%

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Short Interest

Short Interest: As Of Date4302026
Short Interest: Shares Quantity0.2 Mil
Short Interest: % Change Since 415202679.8%
Average Daily Volume0.3 Mil
Days-to-Cover Short Interest1
Basic Shares Quantity11.1 Mil
Short % of Basic Shares1.4%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/8/2026-25.4%-24.2%18.2%
11/13/2025-6.9%-13.8%-0.8%
8/14/202539.9%16.4%46.8%
5/15/20254.9%-10.8%-5.6%
2/19/20259.0%-4.0%-6.6%
11/14/2024-0.3%-1.8%-5.5%
4/1/2024-22.9%-27.9%-36.0%
11/14/2023-7.7%-11.3%-15.3%
...
SUMMARY STATS   
# Positive635
# Negative101311
Median Positive8.0%10.6%18.2%
Median Negative-7.5%-10.8%-15.3%
Max Positive39.9%16.4%46.8%
Max Negative-25.4%-28.4%-36.0%

SEC Filings

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Report DateFiling DateFiling
03/31/202605/15/202610-Q
12/31/202504/08/202610-K
09/30/202511/14/202510-Q
06/30/202508/14/202510-Q
03/31/202505/15/202510-Q
12/31/202404/15/202510-K
09/30/202411/14/202410-Q
06/30/202410/08/202410-Q
03/31/202409/10/202410-Q
12/31/202307/26/202410-K
09/30/202311/14/202310-Q
06/30/202308/14/202310-Q
03/31/202305/15/202310-Q
12/31/202204/11/202310-K
09/30/202211/14/202210-Q
06/30/202208/15/202210-Q

Recent Forward Guidance [BETA]

Latest: Q1 2026 Earnings Reported 5/18/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Operating Expenses Reduction 1.50 Mil    

Prior: Q3 2025 Earnings Reported 11/13/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2025 Revenue27.00 Mil28.00 Mil29.00 Mil0 AffirmedGuidance: 28.00 Mil for 2025
2025 Revenue Growth 20.0%   Higher New

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Mazurek, NathanChief Executive OfficerDirectBuy112020253.3910,00033,8706,694,392Form