PPSI Chart
About

Pioneer Power Solutions, Inc., together with its subsidiaries, design, manufacture, integrate, refurbish, distribute, sell, and service electric power systems, distributed energy resources, power generation equipment, and mobile EV charging solutions. The company operates through Electrical Infrastructure Equipment and Critical Power Solutions segments. The Electrical Infrastructure Equipment segment provides electric power systems that help customers effectively and efficiently protect, control, transfer, monitor, and manage their electric energy requirements. It also offers e-Bloc power systems, power systems, and circuit protective equipment related products. The Critical Power Solutions segment provides power generation equipment maintenance, repairs, remote monitoring, and equipment services, and EV charging solutions. This segment offers suite generator on a truck and power generation equipment, and repair, maintenance, and support services. Pioneer Power Solutions, Inc. serves utility, industrial, and commercial markets. The company was formerly known as Pioneer Transformers Ltd. and changed its name to Pioneer Power Solutions, Inc. in December 2009. Pioneer Power Solutions, Inc. was founded in 2008 and is based in Fort Lee, New Jersey. The company operates as a subsidiary of Provident Pioneer Partners, L.P.

Fundamentals
Scroll to Statements
Sector Industrials Industry Electrical Equipment & P Market Cap 43.16M
Enterprise Value 26.58M Income -4.32M Sales 31.75M
Book/sh 2.77 Cash/sh 1.56 Dividend Yield —
Payout 0.00% Employees 59 IPO —
P/E — Forward P/E -26.83 PEG —
P/S 1.36 P/B 1.41 P/C —
EV/EBITDA -4.88 EV/Sales 0.84 Quick Ratio 3.49
Current Ratio 4.62 Debt/Eq 2.45 LT Debt/Eq —
EPS (ttm) -0.38 EPS next Y -0.14 EPS Growth —
Revenue Growth 7.40% Earnings 2026-03-31 ROA -10.59%
ROE -19.02% ROIC — Gross Margin 15.49%
Oper. Margin -21.01% Profit Margin 99.80% Shs Outstand 11.10M
Shs Float 8.60M Short Float 0.33% Short Ratio 0.16
Short Interest — 52W High 5.70 52W Low 2.25
Beta 1.50 Avg Volume 135.93K Volume 70.18K
Target Price $9.50 Recom None Prev Close $3.74
Price $3.89 Change 4.01%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$9.50
Mean price target
2. Current target
$3.94
Latest analyst target
3. DCF / Fair value
$-8.45
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.94
Low
$7.00
High
$12.00
Mean
$9.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-04-16 reit HC Wainwright & Co. Buy → Buy $12
2024-10-31 reit HC Wainwright & Co. Buy → Buy $12
2024-04-02 main Lake Street Buy → Buy $9
2024-04-02 main HC Wainwright & Co. Buy → Buy $12
2023-12-19 init Lake Street — → Buy $12
2023-08-15 reit HC Wainwright & Co. Buy → Buy $12
2023-05-16 reit HC Wainwright & Co. Buy → Buy $12
2022-01-31 init HC Wainwright & Co. — → Buy $12
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 10000 33870 — Purchase at price 3.39 per share. MAZUREK NATHAN J Chief Executive Officer — 2025-11-18 00:00:00 D
1 15000 61409 — Sale at price 4.09 - 4.12 per share. MICHALEC WOJCIECH Chief Financial Officer — 2024-12-20 00:00:00 D
2 22500 58335 — Conversion of Exercise of derivative security at price 1.68 - 3.68 per share. COHN YOSSI Director — 2024-12-05 00:00:00 D
3 50000 — — Stock Award(Grant) at price 0.00 per share. MICHALEC WOJCIECH Chief Financial Officer — 2024-12-05 00:00:00 D
4 1000 6010 — Sale at price 6.01 per share. ROSS IAN Director — 2024-12-04 00:00:00 D
5 22500 58335 — Conversion of Exercise of derivative security at price 1.68 - 3.68 per share. ROSS IAN Director — 2024-11-15 00:00:00 D
6 33500 116435 — Conversion of Exercise of derivative security at price 1.68 - 5.60 per share. TULKOFF JONATHAN Director — 2024-10-22 00:00:00 D
7 25000 66030 — Conversion of Exercise of derivative security at price 1.68 - 3.31 per share. MICHALEC WOJCIECH Chief Financial Officer — 2024-10-22 00:00:00 D
8 23500 99635 — Conversion of Exercise of derivative security at price 3.17 - 5.60 per share. KLINK THOMAS Director — 2024-10-18 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.300.000.210.01
NormalizedEBITDA-4.18M-5.62M-4.68M-2.84M
NetIncomeFromContinuingOperationNetMinorityInterest-3.35M-6.28M-5.42M-2.17M
ReconciledDepreciation1.07M1.41M1.13M1.02M
ReconciledCostOfRevenue17.36M8.89M23.05M16.92M
EBITDA-4.18M-5.62M-4.68M-2.84M
EBIT-5.25M-7.04M-5.81M-3.86M
NetInterestIncome431.00K232.00K465.00K387.00K
InterestIncome431.00K232.00K465.00K387.00K
NormalizedIncome-3.35M-6.28M-5.42M-2.17M
NetIncomeFromContinuingAndDiscontinuedOperation31.86M-1.90M-5.42M-2.17M
TotalExpenses28.13M18.15M31.69M22.17M
TotalOperatingIncomeAsReported-5.25M-7.04M-5.81M-3.86M
DilutedAverageShares10.95M10.13M9.73M8.86M
BasicAverageShares10.75M9.91M9.73M8.86M
DilutedEPS2.90-0.20-0.37-0.24
BasicEPS2.97-0.19-0.37-0.24
DilutedNIAvailtoComStockholders31.86M-1.90M-5.42M-2.17M
NetIncomeCommonStockholders31.86M-1.90M-5.42M-2.17M
NetIncome31.86M-1.90M-5.42M-2.17M
NetIncomeIncludingNoncontrollingInterests31.86M-1.90M-5.42M-2.17M
NetIncomeDiscontinuousOperations35.20M4.38M
NetIncomeContinuousOperations-3.35M-6.28M-5.42M-2.17M
TaxProvision-1.42M0.007.00K-16.00K
PretaxIncome-4.77M-6.28M-5.41M-2.18M
OtherIncomeExpense50.00K524.00K-67.00K1.29M
OtherNonOperatingIncomeExpenses50.00K524.00K-67.00K1.29M
NetNonOperatingInterestIncomeExpense431.00K232.00K465.00K387.00K
InterestIncomeNonOperating431.00K232.00K465.00K387.00K
OperatingIncome-5.25M-7.04M-5.81M-3.86M
OperatingExpense10.76M9.26M8.64M5.25M
DepreciationAmortizationDepletionIncomeStatement107.00K
DepreciationAndAmortizationInIncomeStatement107.00K
ResearchAndDevelopment1.05M885.00K0.00
SellingGeneralAndAdministration9.71M8.38M8.64M5.25M
GrossProfit5.51M2.23M2.83M1.39M
CostOfRevenue17.36M8.89M23.05M16.92M
TotalRevenue22.88M11.12M25.88M18.31M
OperatingRevenue22.88M11.12M25.88M18.31M
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber11.12M9.93M9.64M9.64M
ShareIssued11.12M9.93M9.64M9.64M
TotalDebt775.00K869.00K2.27M2.33M
TangibleBookValue35.43M14.22M15.15M19.55M
InvestedCapital35.43M14.22M15.15M19.55M
WorkingCapital26.68M9.42M12.29M18.55M
NetTangibleAssets35.43M14.22M15.15M19.55M
CapitalLeaseObligations775.00K869.00K2.27M2.33M
CommonStockEquity35.43M14.22M15.15M19.55M
TotalCapitalization35.43M14.22M15.15M19.55M
TotalEquityGrossMinorityInterest35.43M14.22M15.15M19.55M
StockholdersEquity35.43M14.22M15.15M19.55M
GainsLossesNotAffectingRetainedEarnings0.0014.00K14.00K
OtherEquityAdjustments14.00K14.00K
RetainedEarnings0.00-19.63M-17.73M-12.31M
AdditionalPaidInCapital35.42M33.84M32.86M31.84M
CapitalStock11.00K10.00K10.00K10.00K
CommonStock11.00K10.00K10.00K10.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest30.52M18.80M20.24M8.38M
TotalNonCurrentLiabilitiesNetMinorityInterest544.00K542.00K1.28M1.79M
OtherNonCurrentLiabilities122.00K49.00K65.00K274.00K
LongTermDebtAndCapitalLeaseObligation422.00K493.00K1.22M1.52M
LongTermCapitalLeaseObligation422.00K493.00K1.22M1.52M
CurrentLiabilities29.98M18.26M18.96M6.58M
OtherCurrentLiabilities9.47M
CurrentDeferredLiabilities991.00K307.00K10.66M2.42M
CurrentDeferredRevenue991.00K307.00K10.66M2.42M
CurrentDebtAndCapitalLeaseObligation353.00K376.00K1.06M807.00K
CurrentCapitalLeaseObligation353.00K376.00K1.06M807.00K
PayablesAndAccruedExpenses28.63M8.11M7.24M3.35M
CurrentAccruedExpenses1.49M6.43M1.62M1.26M
Payables27.14M1.68M5.62M2.09M
OtherPayable3.35M
DividendsPayable16.66M0.00
TotalTaxPayable4.08M0.000.00
IncomeTaxPayable4.08M0.000.00
AccountsPayable3.05M1.68M5.62M2.09M
TotalAssets65.95M33.02M35.39M27.93M
TotalNonCurrentAssets9.29M5.34M4.14M2.79M
OtherNonCurrentAssets40.00K715.00K162.00K39.00K
NonCurrentDeferredAssets0.00195.00K0.00
NonCurrentNoteReceivables0.00
InvestmentsAndAdvances2.00M0.00
NetPPE7.25M4.43M3.98M2.75M
AccumulatedDepreciation-2.19M-1.48M-2.17M-1.95M
GrossPPE9.45M5.91M6.15M4.70M
Leases103.00K103.00K368.00K322.00K
ConstructionInProgress2.18M1.95M499.00K0.00
OtherProperties751.00K828.00K2.18M2.24M
MachineryFurnitureEquipment6.41M3.03M3.11M2.14M
Properties0.000.000.000.00
CurrentAssets56.66M27.68M31.25M25.14M
OtherCurrentAssets1.14M6.16M2.85M1.07M
AssetsHeldForSaleCurrent0.0013.64M
RestrictedCash0.001.77M
PrepaidAssets1.07M
Inventory6.07M3.08M8.09M4.16M
InventoriesAdjustmentsAllowances-427.00K
WorkInProcess1.17M325.00K5.13M3.17M
RawMaterials4.90M2.75M2.96M993.00K
Receivables7.83M1.22M10.01M8.21M
TaxesReceivable0.00
NotesReceivable0.005.78M
AccountsReceivable7.83M1.22M10.01M2.43M
AllowanceForDoubtfulAccountsReceivable-13.00K0.00-788.00K-140.00K
GrossAccountsReceivable7.84M1.22M10.80M2.57M
CashCashEquivalentsAndShortTermInvestments41.62M3.58M10.30M9.92M
CashAndCashEquivalents41.62M3.58M10.30M9.92M
CashFinancial41.62M3.58M10.30M9.92M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-9.97M-6.39M-7.28M-3.43M
RepaymentOfDebt-129.00K-355.00K-241.00K-112.00K
IssuanceOfDebt0.00
IssuanceOfCapitalStock4.99M177.00K0.008.66M
CapitalExpenditure-3.76M-2.50M-1.51M-237.00K
InterestPaidSupplementalData35.00K7.00K4.00K3.00K
IncomeTaxPaidSupplementalData7.00K2.00K20.00K395.00K
EndCashPosition41.62M3.58M10.30M11.70M
BeginningCashPosition3.58M10.30M11.70M7.57M
ChangesInCash38.04M-6.71M-1.40M4.13M
FinancingCashFlow5.38M-323.00K-353.00K7.56M
CashFlowFromContinuingFinancingActivities5.38M-323.00K-353.00K7.56M
NetOtherFinancingCharges-195.00K-129.00K-100.00K
ProceedsFromStockOptionExercised519.00K50.00K17.00K58.00K
CashDividendsPaid0.00-1.05M
CommonStockDividendPaid0.00-1.05M
NetCommonStockIssuance4.99M177.00K0.008.66M
CommonStockIssuance4.99M177.00K0.008.66M
NetIssuancePaymentsOfDebt-129.00K-355.00K-241.00K-112.00K
NetShortTermDebtIssuance0.00
NetLongTermDebtIssuance-129.00K-355.00K-241.00K-112.00K
LongTermDebtPayments-129.00K-355.00K-241.00K-112.00K
LongTermDebtIssuance0.00
InvestingCashFlow38.88M-2.50M4.72M-237.00K
CashFlowFromContinuingInvestingActivities38.88M-2.50M4.72M-237.00K
NetOtherInvestingChanges6.23M
NetInvestmentPurchaseAndSale0.00
SaleOfInvestment0.00
NetBusinessPurchaseAndSale42.63M0.00
SaleOfBusiness42.63M0.00
NetPPEPurchaseAndSale-3.76M-2.50M-1.51M-237.00K
PurchaseOfPPE-3.76M-2.50M-1.51M-237.00K
OperatingCashFlow-6.21M-3.90M-5.77M-3.19M
CashFlowFromContinuingOperatingActivities-6.21M-3.90M-5.77M-3.19M
ChangeInWorkingCapital-5.36M-4.96M-1.89M-555.00K
ChangeInOtherWorkingCapital-734.00K-5.73M8.27M2.11M
ChangeInOtherCurrentLiabilities-10.22M-703.00K-653.00K-752.00K
ChangeInOtherCurrentAssets14.32M0.00
ChangeInPayablesAndAccruedExpense11.61M5.36M3.67M-73.00K
ChangeInPayable27.00K
ChangeInAccountPayable27.00K
ChangeInPrepaidAssets4.56M-4.98M-1.80M-195.00K
ChangeInInventory-14.54M511.00K-3.93M-1.76M
ChangeInReceivables-10.36M585.00K-7.44M115.00K
ChangesInAccountReceivables-10.36M585.00K-7.44M115.00K
OtherNonCashItems-14.00K-455.00K-329.00K
StockBasedCompensation1.05M1.47M1.00M186.00K
ProvisionandWriteOffofAssets35.00K97.00K-140.00K71.00K
AssetImpairmentCharge0.00
DepreciationAmortizationDepletion1.07M1.41M1.13M1.02M
DepreciationAndAmortization1.07M1.41M1.13M1.02M
Depreciation1.07M1.41M1.13M1.02M
OperatingGainsLosses-34.87M-1.42M
GainLossOnSaleOfPPE177.00K0.00
GainLossOnSaleOfBusiness-35.04M0.00
NetIncomeFromContinuingOperations31.86M-1.90M-5.42M-2.17M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for PPSI
Date User Asset Broker Type Position Size Entry Price Patterns