PLEXUS CORP (PLXS)
US7291321005 - Common Stock
Overall PLXS gets a fundamental rating of 5 out of 10. We evaluated PLXS against 126 industry peers in the Electronic Equipment, Instruments & Components industry. PLXS has an average financial health and profitability rating. PLXS is not valued too expensively and it also shows a decent growth rate.
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.
PLXS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 3.55%, PLXS is doing good in the industry, outperforming 67.20% of the companies in the same industry.
With a decent Return On Equity value of 8.44%, PLXS is doing good in the industry, outperforming 69.60% of the companies in the same industry.
With an excellent Return On Invested Capital value of 10.75%, PLXS belongs to the best of the industry, outperforming 86.40% of the companies in the same industry.
PLXS had an Average Return On Invested Capital over the past 3 years of 11.50%. This is above the industry average of 8.74%.
| 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 (2.82%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of PLXS has declined.
Looking at the Operating Margin, with a value of 4.75%, PLXS is in the better half of the industry, outperforming 65.60% of the companies in the same industry.
In the last couple of years the Operating Margin of PLXS has remained more or less at the same level.
PLXS's Gross Margin of 9.56% is on the low side compared to the rest of the industry. PLXS is outperformed by 80.80% of its industry peers.
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.
PLXS has less shares outstanding than it did 1 year ago.
PLXS has less shares outstanding than it did 5 years ago.
The debt/assets ratio for PLXS has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.00 indicates that PLXS is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.00, PLXS is in the better half of the industry, outperforming 60.80% of the companies in the same industry.
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 better Debt to FCF ratio (0.72) than 84.00% of its industry peers.
A Debt/Equity ratio of 0.07 indicates that PLXS is not too dependend on debt financing.
PLXS has a Debt to Equity ratio of 0.07. This is comparable to the rest of the industry: PLXS outperforms 56.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.72 | ||
| Altman-Z | 4 |
ROIC/WACC1.01
WACC10.64%
2.3 Liquidity
PLXS has a Current Ratio of 1.51. This is a normal value and indicates that PLXS is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of PLXS (1.51) is worse than 76.80% 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 90.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.51 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
PLXS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -13.68%.
PLXS shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.42% yearly.
Looking at the last year, PLXS shows a decrease in Revenue. The Revenue has decreased by -5.92% in the last year.
The Revenue has been growing slightly by 4.59% on average over the past years.
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
PLXS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.81% yearly.
PLXS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.96% yearly.
EPS Next Y42.29%
EPS Next 2Y27.13%
EPS Next 3Y18.81%
EPS Next 5YN/A
Revenue Next Year7.16%
Revenue Next 2Y8.81%
Revenue Next 3Y7.96%
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 accelerating.
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
Based on the Price/Earnings ratio of 32.33, the valuation of PLXS can be described as expensive.
Based on the Price/Earnings ratio, PLXS is valued a bit cheaper than 60.80% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.73. PLXS is around the same levels.
PLXS is valuated rather expensively with a Price/Forward Earnings ratio of 22.72.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PLXS indicates a somewhat cheap valuation: PLXS is cheaper than 60.80% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.83, PLXS is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.33 | ||
| Fwd PE | 22.72 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLXS is valued a bit cheaper than 68.80% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, PLXS is valued cheaply inside the industry as 87.20% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.63 | ||
| EV/EBITDA | 15.91 |
4.3 Compensation for Growth
PLXS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PLXS has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as PLXS's earnings are expected to grow with 18.81% in the coming years.
PEG (NY)0.76
PEG (5Y)4.36
EPS Next 2Y27.13%
EPS Next 3Y18.81%
5. Dividend
5.1 Amount
PLXS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
PLEXUS CORP
NASDAQ:PLXS (12/20/2024, 8:00:00 PM)
After market: 159.07 0 (0%)159.07
-0.68 (-0.43%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners80.78%
Inst Owner Change-2.8%
Ins Owners2.54%
Ins Owner Change-12.48%
Market Cap4.31B
Analysts75.38
Price Target156.26 (-1.77%)
Short Float %2.02%
Short Ratio3.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)13.99%
PT rev (3m)14.84%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.47%
EPS NY rev (1m)0%
EPS NY rev (3m)3.31%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.56%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.33 | ||
| Fwd PE | 22.72 | ||
| P/S | 1.09 | ||
| P/FCF | 12.63 | ||
| P/OCF | 9.87 | ||
| P/B | 3.25 | ||
| P/tB | 3.25 | ||
| EV/EBITDA | 15.91 |
EPS(TTM)4.92
EY3.09%
EPS(NY)7
Fwd EY4.4%
FCF(TTM)12.6
FCFY7.92%
OCF(TTM)16.11
OCFY10.13%
SpS146.21
BVpS48.9
TBVpS48.9
PEG (NY)0.76
PEG (5Y)4.36
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 |
F-Score7
WACC10.64%
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 Y42.29%
EPS Next 2Y27.13%
EPS Next 3Y18.81%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.92%
Revenue growth 3Y5.54%
Revenue growth 5Y4.59%
Sales Q2Q%2.6%
Revenue Next Year7.16%
Revenue Next 2Y8.81%
Revenue Next 3Y7.96%
Revenue Next 5YN/A
EBIT growth 1Y-14.08%
EBIT growth 3Y1.53%
EBIT growth 5Y5.51%
EBIT Next Year70.88%
EBIT Next 3Y24.36%
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%