PLEXUS CORP (PLXS) Fundamental Analysis & Valuation

NASDAQ:PLXS • US7291321005

191.92 USD
+2.16 (+1.14%)
Last: Mar 13, 2026, 11:23 AM

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

Fundamental Rating

5

PLXS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. While PLXS belongs to the best of the industry regarding profitability, 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.
  • PLXS had a positive operating cash flow in the past year.
  • 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.
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

  • With a decent Return On Assets value of 5.55%, PLXS is doing good in the industry, outperforming 74.19% of the companies in the same industry.
  • PLXS's Return On Equity of 11.94% is fine compared to the rest of the industry. PLXS outperforms 78.23% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 11.40%, PLXS belongs to the top of the industry, outperforming 88.71% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for PLXS is above the industry average of 8.67%.
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

  • PLXS has a Profit Margin of 4.28%. This is in the better half of the industry: PLXS outperforms 68.55% of its industry peers.
  • In the last couple of years the Profit Margin of PLXS has grown nicely.
  • The Operating Margin of PLXS (5.09%) is better than 62.90% of its industry peers.
  • In the last couple of years the Operating Margin of PLXS has grown nicely.
  • PLXS has a worse Gross Margin (9.98%) than 79.84% of its industry peers.
  • PLXS's Gross Margin has improved in the last couple of years.
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

  • PLXS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • PLXS has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for PLXS has been reduced compared to 5 years ago.
  • The debt/assets ratio for PLXS has been reduced compared to a year ago.
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 4.54 indicates that PLXS is not in any danger for bankruptcy at the moment.
  • PLXS's Altman-Z score of 4.54 is fine compared to the rest of the industry. PLXS outperforms 63.71% of its industry peers.
  • 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.
  • Looking at the Debt to FCF ratio, with a value of 2.07, PLXS is in the better half of the industry, outperforming 78.23% of the companies in the same industry.
  • A Debt/Equity ratio of 0.06 indicates that PLXS is not too dependend on debt financing.
  • The Debt to Equity ratio of PLXS (0.06) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 2.07
Altman-Z 4.54
ROIC/WACC1.25
WACC9.12%
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

  • A Current Ratio of 1.59 indicates that PLXS should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.59, PLXS is doing worse than 71.77% of the companies in the same industry.
  • A Quick Ratio of 0.75 indicates that PLXS may have some problems paying its short term obligations.
  • PLXS's Quick ratio of 0.75 is on the low side compared to the rest of the industry. PLXS is outperformed by 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.
  • Measured over the past years, PLXS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.79% on average per year.
  • PLXS shows a small growth in Revenue. In the last year, the Revenue has grown by 4.36%.
  • PLXS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.53% yearly.
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.
  • PLXS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.39% yearly.
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

  • PLXS is valuated quite expensively with a Price/Earnings ratio of 25.66.
  • Compared to the rest of the industry, the Price/Earnings ratio of PLXS indicates a somewhat cheap valuation: PLXS is cheaper than 71.77% of the companies listed in the same industry.
  • When comparing the Price/Earnings ratio of PLXS to the average of the S&P500 Index (25.71), we can say PLXS is valued inline with the index average.
  • PLXS is valuated rather expensively with a Price/Forward Earnings ratio of 21.86.
  • 70.16% of the companies in the same industry are more expensive than PLXS, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 23.82. PLXS is around the same levels.
Industry RankSector Rank
PE 25.66
Fwd PE 21.86
PLXS Price Earnings VS Forward Price EarningsPLXS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • 68.55% of the companies in the same industry are more expensive than PLXS, based on the Enterprise Value to EBITDA ratio.
  • PLXS's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 67.4
EV/EBITDA 17.36
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)4.64
PEG (5Y)2.01
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 (3/13/2026, 11:23:23 AM)

191.92

+2.16 (+1.14%)

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 Change0.55%
Ins Owners1.35%
Ins Owner Change0.43%
Market Cap5.14B
Revenue(TTM)4.13B
Net Income(TTM)176.80M
Analysts75.38
Price Target204.82 (6.72%)
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)0%
PT rev (3m)26.29%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.74%
EPS NY rev (1m)0%
EPS NY rev (3m)3.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.25%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.95%
Valuation
Industry RankSector Rank
PE 25.66
Fwd PE 21.86
P/S 1.25
P/FCF 67.4
P/OCF 28.53
P/B 3.47
P/tB 3.47
EV/EBITDA 17.36
EPS(TTM)7.48
EY3.9%
EPS(NY)8.78
Fwd EY4.57%
FCF(TTM)2.85
FCFY1.48%
OCF(TTM)6.73
OCFY3.51%
SpS154.04
BVpS55.28
TBVpS55.28
PEG (NY)4.64
PEG (5Y)2.01
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 4.54
F-Score9
WACC9.12%
ROIC/WACC1.25
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.