PLEXUS CORP (PLXS) Stock Fundamental Analysis
NASDAQ:PLXS - Nasdaq - US7291321005 - Common Stock
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. PLXS has only an average score on both its financial health and profitability. PLXS has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year PLXS was profitable.
In the past year PLXS had a positive cash flow from operations.
Each year in the past 5 years PLXS has been profitable.
Of the past 5 years PLXS 4 years had a positive operating cash flow.
1.2 Ratios
PLXS has a Return On Assets of 3.55%. This is in the better half of the industry: PLXS outperforms 64.17% of its industry peers.
PLXS has a Return On Equity of 8.44%. This is in the better half of the industry: PLXS outperforms 68.33% of its industry peers.
PLXS has a Return On Invested Capital of 10.75%. This is amongst the best in the industry. PLXS outperforms 84.17% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PLXS is above the industry average of 9.03%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.55% | ||
| ROE | 8.44% | ||
| ROIC | 10.75% |
ROA(3y)3.94%
ROA(5y)4.52%
ROE(3y)10.84%
ROE(5y)11.61%
ROIC(3y)11.5%
ROIC(5y)11.37%
1.3 Margins
PLXS has a Profit Margin of 2.82%. This is comparable to the rest of the industry: PLXS outperforms 58.33% of its industry peers.
PLXS's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 4.75%, PLXS is doing good in the industry, outperforming 64.17% of the companies in the same industry.
PLXS's Operating Margin has been stable in the last couple of years.
With a Gross Margin value of 9.56%, PLXS is not doing good in the industry: 80.83% of the companies in the same industry are doing better.
PLXS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.75% | ||
| PM (TTM) | 2.82% | ||
| GM | 9.56% |
OM growth 3Y-3.8%
OM growth 5Y0.87%
PM growth 3Y-11.86%
PM growth 5Y-3.83%
GM growth 3Y-0.14%
GM growth 5Y0.72%
2. Health
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.
2.2 Solvency
An Altman-Z score of 4.09 indicates that PLXS is not in any danger for bankruptcy at the moment.
The Altman-Z score of PLXS (4.09) is better than 64.17% of its industry peers.
PLXS has a debt to FCF ratio of 0.72. This is a very positive value and a sign of high solvency as it would only need 0.72 years to pay back of all of its debts.
PLXS has a Debt to FCF ratio of 0.72. This is amongst the best in the industry. PLXS outperforms 83.33% of its industry peers.
PLXS has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
PLXS has a Debt to Equity ratio (0.07) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.72 | ||
| Altman-Z | 4.09 |
ROIC/WACC1.01
WACC10.69%
2.3 Liquidity
A Current Ratio of 1.51 indicates that PLXS should not have too much problems paying its short term obligations.
The Current ratio of PLXS (1.51) is worse than 76.67% of its industry peers.
A Quick Ratio of 0.71 indicates that PLXS may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.71, PLXS is doing worse than 90.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.51 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
The earnings per share for PLXS have decreased strongly by -13.68% in the last year.
Measured over the past 5 years, PLXS shows a small growth in Earnings Per Share. The EPS has been growing by 7.42% on average per year.
The Revenue has decreased by -5.92% in the past year.
Measured over the past years, PLXS shows a small growth in Revenue. The Revenue has been growing by 4.59% on average per year.
EPS 1Y (TTM)-13.68%
EPS 3Y0.34%
EPS 5Y7.42%
EPS Q2Q%28.47%
Revenue 1Y (TTM)-5.92%
Revenue growth 3Y5.54%
Revenue growth 5Y4.59%
Sales Q2Q%2.6%
3.2 Future
Based on estimates for the next years, PLXS will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.40% on average per year.
PLXS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.69% yearly.
EPS Next Y42.09%
EPS Next 2Y27.33%
EPS Next 3Y19.4%
EPS Next 5YN/A
Revenue Next Year6.83%
Revenue Next 2Y8.69%
Revenue Next 3Y7.69%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
PLXS is valuated quite expensively with a Price/Earnings ratio of 34.62.
PLXS's Price/Earnings is on the same level as the industry average.
PLXS is valuated rather expensively when we compare the Price/Earnings ratio to 28.29, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 24.36, which indicates a rather expensive current valuation of PLXS.
Based on the Price/Forward Earnings ratio, PLXS is valued a bit cheaper than 60.83% of the companies in the same industry.
PLXS's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.62 | ||
| Fwd PE | 24.36 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLXS is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
PLXS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PLXS is cheaper than 86.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.52 | ||
| EV/EBITDA | 16.99 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of PLXS may justify a higher PE ratio.
PLXS's earnings are expected to grow with 19.40% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.82
PEG (5Y)4.67
EPS Next 2Y27.33%
EPS Next 3Y19.4%
5. Dividend
5.1 Amount
PLXS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
PLEXUS CORP
NASDAQ:PLXS (1/21/2025, 8:20:59 PM)
Premarket: 169.49 -0.83 (-0.49%)170.32
+2.96 (+1.77%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners99.53%
Inst Owner Change-0.1%
Ins Owners1.52%
Ins Owner Change-12.19%
Market Cap4.61B
Analysts75.38
Price Target159.12 (-6.58%)
Short Float %2.33%
Short Ratio3.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.95%
Min EPS beat(2)8.93%
Max EPS beat(2)16.96%
EPS beat(4)2
Avg EPS beat(4)-3.63%
Min EPS beat(4)-34.58%
Max EPS beat(4)16.96%
EPS beat(8)5
Avg EPS beat(8)5.9%
EPS beat(12)7
Avg EPS beat(12)6.84%
EPS beat(16)10
Avg EPS beat(16)8.28%
Revenue beat(2)1
Avg Revenue beat(2)-0.91%
Min Revenue beat(2)-4.02%
Max Revenue beat(2)2.2%
Revenue beat(4)1
Avg Revenue beat(4)-1.14%
Min Revenue beat(4)-4.02%
Max Revenue beat(4)2.2%
Revenue beat(8)2
Avg Revenue beat(8)-1.41%
Revenue beat(12)5
Avg Revenue beat(12)0.32%
Revenue beat(16)5
Avg Revenue beat(16)-0.52%
PT rev (1m)1.83%
PT rev (3m)16.94%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.47%
EPS NY rev (1m)0%
EPS NY rev (3m)3.16%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.56%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.62 | ||
| Fwd PE | 24.36 | ||
| P/S | 1.16 | ||
| P/FCF | 13.52 | ||
| P/OCF | 10.57 | ||
| P/B | 3.48 | ||
| P/tB | 3.48 | ||
| EV/EBITDA | 16.99 |
EPS(TTM)4.92
EY2.89%
EPS(NY)6.99
Fwd EY4.1%
FCF(TTM)12.6
FCFY7.4%
OCF(TTM)16.11
OCFY9.46%
SpS146.21
BVpS48.9
TBVpS48.9
PEG (NY)0.82
PEG (5Y)4.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.55% | ||
| ROE | 8.44% | ||
| ROCE | 12.45% | ||
| ROIC | 10.75% | ||
| ROICexc | 13.93% | ||
| ROICexgc | 13.93% | ||
| OM | 4.75% | ||
| PM (TTM) | 2.82% | ||
| GM | 9.56% | ||
| FCFM | 8.62% |
ROA(3y)3.94%
ROA(5y)4.52%
ROE(3y)10.84%
ROE(5y)11.61%
ROIC(3y)11.5%
ROIC(5y)11.37%
ROICexc(3y)14.34%
ROICexc(5y)14.58%
ROICexgc(3y)14.34%
ROICexgc(5y)14.6%
ROCE(3y)13.32%
ROCE(5y)13.16%
ROICexcg growth 3Y-1.53%
ROICexcg growth 5Y0.3%
ROICexc growth 3Y-1.53%
ROICexc growth 5Y0.45%
OM growth 3Y-3.8%
OM growth 5Y0.87%
PM growth 3Y-11.86%
PM growth 5Y-3.83%
GM growth 3Y-0.14%
GM growth 5Y0.72%
F-Score7
Asset Turnover1.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.72 | ||
| Debt/EBITDA | 0.34 | ||
| Cap/Depr | 122.27% | ||
| Cap/Sales | 2.4% | ||
| Interest Coverage | 6.37 | ||
| Cash Conversion | 164.2% | ||
| Profit Quality | 305.25% | ||
| Current Ratio | 1.51 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z | 4.09 |
F-Score7
WACC10.69%
ROIC/WACC1.01
Cap/Depr(3y)144.44%
Cap/Depr(5y)123.06%
Cap/Sales(3y)2.51%
Cap/Sales(5y)2.14%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-13.68%
EPS 3Y0.34%
EPS 5Y7.42%
EPS Q2Q%28.47%
EPS Next Y42.09%
EPS Next 2Y27.33%
EPS Next 3Y19.4%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.92%
Revenue growth 3Y5.54%
Revenue growth 5Y4.59%
Sales Q2Q%2.6%
Revenue Next Year6.83%
Revenue Next 2Y8.69%
Revenue Next 3Y7.69%
Revenue Next 5YN/A
EBIT growth 1Y-14.08%
EBIT growth 3Y1.53%
EBIT growth 5Y5.51%
EBIT Next Year70.63%
EBIT Next 3Y24.8%
EBIT Next 5YN/A
FCF growth 1Y452.3%
FCF growth 3Y58.63%
FCF growth 5Y69.08%
OCF growth 1Y163.27%
OCF growth 3Y45.2%
OCF growth 5Y30.51%