PLEXUS CORP (PLXS) Fundamental Analysis & Valuation

NASDAQ:PLXS • US7291321005

197.97 USD
+4.06 (+2.09%)
At close: Mar 4, 2026
197.97 USD
0 (0%)
After Hours: 3/4/2026, 4:30:00 PM

This PLXS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to PLXS. PLXS was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. While PLXS has a great profitability rating, there are some minor concerns on its financial health. While showing a medium growth rate, PLXS is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

7

1. PLXS Profitability Analysis

1.1 Basic Checks

  • PLXS had positive earnings in the past year.
  • In the past year PLXS had a positive cash flow from operations.
  • In the past 5 years PLXS has always been profitable.
  • PLXS had a positive operating cash flow in 4 of the past 5 years.
PLXS Yearly Net Income VS EBIT VS OCF VS FCFPLXS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M 300M 400M

1.2 Ratios

  • PLXS has a Return On Assets of 5.55%. This is in the better half of the industry: PLXS outperforms 74.19% of its industry peers.
  • PLXS has a Return On Equity of 11.94%. This is in the better half of the industry: PLXS outperforms 78.23% of its industry peers.
  • The Return On Invested Capital of PLXS (11.40%) is better than 88.71% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for PLXS is above the industry average of 8.86%.
Industry RankSector Rank
ROA 5.55%
ROE 11.94%
ROIC 11.4%
ROA(3y)4.41%
ROA(5y)4.59%
ROE(3y)10.59%
ROE(5y)11.58%
ROIC(3y)11.81%
ROIC(5y)11.8%
PLXS Yearly ROA, ROE, ROICPLXS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • The Profit Margin of PLXS (4.28%) is better than 68.55% of its industry peers.
  • PLXS's Profit Margin has improved in the last couple of years.
  • With a decent Operating Margin value of 5.09%, PLXS is doing good in the industry, outperforming 65.32% of the companies in the same industry.
  • PLXS's Operating Margin has improved in the last couple of years.
  • PLXS has a Gross Margin of 9.98%. This is in the lower half of the industry: PLXS underperforms 79.84% of its industry peers.
  • In the last couple of years the Gross Margin of PLXS has grown nicely.
Industry RankSector Rank
OM 5.09%
PM (TTM) 4.28%
GM 9.98%
OM growth 3Y2.78%
OM growth 5Y1.78%
PM growth 3Y5.74%
PM growth 5Y4.34%
GM growth 3Y3.43%
GM growth 5Y1.79%
PLXS Yearly Profit, Operating, Gross MarginsPLXS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

5

2. PLXS Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PLXS is creating some value.
  • The number of shares outstanding for PLXS has been reduced compared to 1 year ago.
  • The number of shares outstanding for PLXS has been reduced compared to 5 years ago.
  • Compared to 1 year ago, PLXS has an improved debt to assets ratio.
PLXS Yearly Shares OutstandingPLXS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M
PLXS Yearly Total Debt VS Total AssetsPLXS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • An Altman-Z score of 4.58 indicates that PLXS is not in any danger for bankruptcy at the moment.
  • With a decent Altman-Z score value of 4.58, PLXS is doing good in the industry, outperforming 69.35% of the companies in the same industry.
  • The Debt to FCF ratio of PLXS is 2.07, which is a good value as it means it would take PLXS, 2.07 years of fcf income to pay off all of its debts.
  • PLXS's Debt to FCF ratio of 2.07 is fine compared to the rest of the industry. PLXS outperforms 78.23% of its industry peers.
  • PLXS has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
  • PLXS has a Debt to Equity ratio of 0.06. This is comparable to the rest of the industry: PLXS outperforms 54.84% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 2.07
Altman-Z 4.58
ROIC/WACC1.27
WACC8.99%
PLXS Yearly LT Debt VS Equity VS FCFPLXS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B

2.3 Liquidity

  • PLXS has a Current Ratio of 1.59. This is a normal value and indicates that PLXS is financially healthy and should not expect problems in meeting its short term obligations.
  • PLXS has a Current ratio of 1.59. This is in the lower half of the industry: PLXS underperforms 71.77% of its industry peers.
  • PLXS has a Quick Ratio of 1.59. This is a bad value and indicates that PLXS is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of PLXS (0.75) is worse than 88.71% of its industry peers.
Industry RankSector Rank
Current Ratio 1.59
Quick Ratio 0.75
PLXS Yearly Current Assets VS Current LiabilitesPLXS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

6

3. PLXS Growth Analysis

3.1 Past

  • PLXS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 33.33%, which is quite impressive.
  • The Earnings Per Share has been growing by 12.79% on average over the past years. This is quite good.
  • The Revenue has been growing slightly by 4.36% in the past year.
  • Measured over the past years, PLXS shows a small growth in Revenue. The Revenue has been growing by 3.53% on average per year.
EPS 1Y (TTM)33.33%
EPS 3Y14.57%
EPS 5Y12.79%
EPS Q2Q%2.89%
Revenue 1Y (TTM)4.36%
Revenue growth 3Y1.9%
Revenue growth 5Y3.53%
Sales Q2Q%9.6%

3.2 Future

  • The Earnings Per Share is expected to grow by 8.48% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 8.39% on average over the next years. This is quite good.
EPS Next Y5.53%
EPS Next 2Y8.7%
EPS Next 3Y8.48%
EPS Next 5YN/A
Revenue Next Year12.36%
Revenue Next 2Y10.25%
Revenue Next 3Y8.39%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
PLXS Yearly Revenue VS EstimatesPLXS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B 4B 5B
PLXS Yearly EPS VS EstimatesPLXS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2 4 6 8

3

4. PLXS Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 26.47 indicates a quite expensive valuation of PLXS.
  • Based on the Price/Earnings ratio, PLXS is valued a bit cheaper than 70.97% of the companies in the same industry.
  • PLXS is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.03, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 22.55, PLXS is valued on the expensive side.
  • Based on the Price/Forward Earnings ratio, PLXS is valued a bit cheaper than 70.16% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of PLXS to the average of the S&P500 Index (25.11), we can say PLXS is valued inline with the index average.
Industry RankSector Rank
PE 26.47
Fwd PE 22.55
PLXS Price Earnings VS Forward Price EarningsPLXS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • 71.77% of the companies in the same industry are more expensive than PLXS, based on the Enterprise Value to EBITDA ratio.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as PLXS.
Industry RankSector Rank
P/FCF 69.53
EV/EBITDA 17.75
PLXS Per share dataPLXS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100 150

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PLXS does not grow enough to justify the current Price/Earnings ratio.
  • PLXS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)4.78
PEG (5Y)2.07
EPS Next 2Y8.7%
EPS Next 3Y8.48%

0

5. PLXS Dividend Analysis

5.1 Amount

  • No dividends for PLXS!.
Industry RankSector Rank
Dividend Yield 0%

PLXS Fundamentals: All Metrics, Ratios and Statistics

PLEXUS CORP

NASDAQ:PLXS (3/4/2026, 4:30:00 PM)

After market: 197.97 0 (0%)

197.97

+4.06 (+2.09%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)01-28
Earnings (Next)04-21
Inst Owners101.52%
Inst Owner Change0.56%
Ins Owners1.35%
Ins Owner Change0.12%
Market Cap5.30B
Revenue(TTM)4.13B
Net Income(TTM)176.80M
Analysts75.38
Price Target204.82 (3.46%)
Short Float %4.34%
Short Ratio3.65
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.84%
Min EPS beat(2)-0.6%
Max EPS beat(2)12.28%
EPS beat(4)3
Avg EPS beat(4)6.55%
Min EPS beat(4)-0.6%
Max EPS beat(4)12.28%
EPS beat(8)6
Avg EPS beat(8)3%
EPS beat(12)9
Avg EPS beat(12)6.74%
EPS beat(16)11
Avg EPS beat(16)8.02%
Revenue beat(2)0
Avg Revenue beat(2)-1.51%
Min Revenue beat(2)-2.21%
Max Revenue beat(2)-0.81%
Revenue beat(4)0
Avg Revenue beat(4)-1.84%
Min Revenue beat(4)-2.27%
Max Revenue beat(4)-0.81%
Revenue beat(8)1
Avg Revenue beat(8)-1.51%
Revenue beat(12)2
Avg Revenue beat(12)-1.49%
Revenue beat(16)5
Avg Revenue beat(16)-0.16%
PT rev (1m)26.29%
PT rev (3m)26.29%
EPS NQ rev (1m)5.74%
EPS NQ rev (3m)5.74%
EPS NY rev (1m)3.06%
EPS NY rev (3m)3.06%
Revenue NQ rev (1m)4.25%
Revenue NQ rev (3m)4.63%
Revenue NY rev (1m)2.95%
Revenue NY rev (3m)3.11%
Valuation
Industry RankSector Rank
PE 26.47
Fwd PE 22.55
P/S 1.29
P/FCF 69.53
P/OCF 29.43
P/B 3.58
P/tB 3.58
EV/EBITDA 17.75
EPS(TTM)7.48
EY3.78%
EPS(NY)8.78
Fwd EY4.43%
FCF(TTM)2.85
FCFY1.44%
OCF(TTM)6.73
OCFY3.4%
SpS154.04
BVpS55.28
TBVpS55.28
PEG (NY)4.78
PEG (5Y)2.07
Graham Number96.46
Profitability
Industry RankSector Rank
ROA 5.55%
ROE 11.94%
ROCE 12.79%
ROIC 11.4%
ROICexc 13.43%
ROICexgc 13.43%
OM 5.09%
PM (TTM) 4.28%
GM 9.98%
FCFM 1.85%
ROA(3y)4.41%
ROA(5y)4.59%
ROE(3y)10.59%
ROE(5y)11.58%
ROIC(3y)11.81%
ROIC(5y)11.8%
ROICexc(3y)14.68%
ROICexc(5y)14.71%
ROICexgc(3y)14.68%
ROICexgc(5y)14.71%
ROCE(3y)13.25%
ROCE(5y)13.24%
ROICexgc growth 3Y-0.87%
ROICexgc growth 5Y-2.39%
ROICexc growth 3Y-0.87%
ROICexc growth 5Y-2.27%
OM growth 3Y2.78%
OM growth 5Y1.78%
PM growth 3Y5.74%
PM growth 5Y4.34%
GM growth 3Y3.43%
GM growth 5Y1.79%
F-Score9
Asset Turnover1.3
Health
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 2.07
Debt/EBITDA 0.32
Cap/Depr 133.9%
Cap/Sales 2.52%
Interest Coverage 250
Cash Conversion 62.66%
Profit Quality 43.15%
Current Ratio 1.59
Quick Ratio 0.75
Altman-Z 4.58
F-Score9
WACC8.99%
ROIC/WACC1.27
Cap/Depr(3y)131.24%
Cap/Depr(5y)129.88%
Cap/Sales(3y)2.41%
Cap/Sales(5y)2.32%
Profit Quality(3y)146.25%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.33%
EPS 3Y14.57%
EPS 5Y12.79%
EPS Q2Q%2.89%
EPS Next Y5.53%
EPS Next 2Y8.7%
EPS Next 3Y8.48%
EPS Next 5YN/A
Revenue 1Y (TTM)4.36%
Revenue growth 3Y1.9%
Revenue growth 5Y3.53%
Sales Q2Q%9.6%
Revenue Next Year12.36%
Revenue Next 2Y10.25%
Revenue Next 3Y8.39%
Revenue Next 5YN/A
EBIT growth 1Y8.03%
EBIT growth 3Y4.74%
EBIT growth 5Y5.37%
EBIT Next Year49.03%
EBIT Next 3Y18.27%
EBIT Next 5YN/A
FCF growth 1Y-25.22%
FCF growth 3YN/A
FCF growth 5Y-0.8%
OCF growth 1Y-14.82%
OCF growth 3YN/A
OCF growth 5Y3.45%

PLEXUS CORP / PLXS FAQ

What is the ChartMill fundamental rating of PLEXUS CORP (PLXS) stock?

ChartMill assigns a fundamental rating of 5 / 10 to PLXS.


Can you provide the valuation status for PLEXUS CORP?

ChartMill assigns a valuation rating of 3 / 10 to PLEXUS CORP (PLXS). This can be considered as Overvalued.


Can you provide the profitability details for PLEXUS CORP?

PLEXUS CORP (PLXS) has a profitability rating of 7 / 10.


How financially healthy is PLEXUS CORP?

The financial health rating of PLEXUS CORP (PLXS) is 5 / 10.