173.51 USD
-2.38 (-1.35%)
173.51 USD
0 (0%)
PLXS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 123 industry peers in the Electronic Equipment, Instruments & Components industry. PLXS scores excellent on profitability, but there are some minor concerns on its financial health. PLXS is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- PLXS had positive earnings in the past year.
- PLXS had a positive operating cash flow in the past year.
- PLXS had positive earnings in each of the past 5 years.
- PLXS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- PLXS has a Return On Assets of 5.51%. This is in the better half of the industry: PLXS outperforms 73.17% of its industry peers.
- PLXS's Return On Equity of 11.89% is fine compared to the rest of the industry. PLXS outperforms 78.86% of its industry peers.
- With an excellent Return On Invested Capital value of 11.40%, PLXS belongs to the best of the industry, outperforming 88.62% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for PLXS is above the industry average of 8.87%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.51% | ||
| ROE | 11.89% | ||
| 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%
1.3 Margins
- PLXS has a Profit Margin of 4.29%. This is in the better half of the industry: PLXS outperforms 66.67% of its industry peers.
- In the last couple of years the Profit Margin of PLXS has grown nicely.
- The Operating Margin of PLXS (5.13%) is better than 65.04% of its industry peers.
- PLXS's Operating Margin has improved in the last couple of years.
- PLXS's Gross Margin of 10.08% is on the low side compared to the rest of the industry. PLXS is outperformed by 80.49% of its industry peers.
- PLXS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.13% | ||
| PM (TTM) | 4.29% | ||
| GM | 10.08% |
OM growth 3Y2.78%
OM growth 5Y1.78%
PM growth 3Y5.74%
PM growth 5Y4.34%
GM growth 3Y3.43%
GM growth 5Y1.79%
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.
- Compared to 1 year ago, PLXS has less shares outstanding
- 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
- PLXS has an Altman-Z score of 4.39. This indicates that PLXS is financially healthy and has little risk of bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 4.39, PLXS is in the better half of the industry, outperforming 63.41% of the companies in the same industry.
- The Debt to FCF ratio of PLXS is 0.89, which is an excellent value as it means it would take PLXS, only 0.89 years of fcf income to pay off all of its debts.
- PLXS's Debt to FCF ratio of 0.89 is amongst the best of the industry. PLXS outperforms 82.93% of its industry peers.
- A Debt/Equity ratio of 0.06 indicates that PLXS is not too dependend on debt financing.
- PLXS has a Debt to Equity ratio (0.06) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.89 | ||
| Altman-Z | 4.39 |
ROIC/WACC1.31
WACC8.73%
2.3 Liquidity
- A Current Ratio of 1.58 indicates that PLXS should not have too much problems paying its short term obligations.
- PLXS has a worse Current ratio (1.58) than 73.17% of its industry peers.
- A Quick Ratio of 0.77 indicates that PLXS may have some problems paying its short term obligations.
- PLXS has a worse Quick ratio (0.77) than 87.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.58 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
- PLXS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 51.02%, 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 1.82%.
- PLXS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.53% yearly.
EPS 1Y (TTM)51.02%
EPS 3Y14.57%
EPS 5Y12.79%
EPS Q2Q%15.68%
Revenue 1Y (TTM)1.82%
Revenue growth 3Y1.9%
Revenue growth 5Y3.53%
Sales Q2Q%0.74%
3.2 Future
- PLXS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.99% yearly.
- PLXS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.80% yearly.
EPS Next Y2.4%
EPS Next 2Y6.75%
EPS Next 3Y6.99%
EPS Next 5YN/A
Revenue Next Year9.14%
Revenue Next 2Y8.07%
Revenue Next 3Y7.8%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- PLXS is valuated rather expensively with a Price/Earnings ratio of 23.35.
- Compared to the rest of the industry, the Price/Earnings ratio of PLXS indicates a somewhat cheap valuation: PLXS is cheaper than 74.80% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 28.82, PLXS is valued at the same level.
- With a Price/Forward Earnings ratio of 22.80, PLXS is valued on the expensive side.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of PLXS indicates a somewhat cheap valuation: PLXS is cheaper than 69.92% of the companies listed in the same industry.
- PLXS's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.95.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.35 | ||
| Fwd PE | 22.8 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PLXS indicates a somewhat cheap valuation: PLXS is cheaper than 73.17% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, PLXS is valued a bit cheaper than 68.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.17 | ||
| EV/EBITDA | 15.71 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The decent profitability rating of PLXS may justify a higher PE ratio.
PEG (NY)9.72
PEG (5Y)1.83
EPS Next 2Y6.75%
EPS Next 3Y6.99%
5. Dividend
5.1 Amount
- No dividends for PLXS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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 4 / 10 to PLEXUS CORP (PLXS). This can be considered as Fairly Valued.
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 6 / 10.