PLEXUS CORP (PLXS) Stock Fundamental Analysis
USA - NASDAQ:PLXS - US7291321005 - Common Stock
137.72 USD
-2.65 (-1.89%)
137.72 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to PLXS. PLXS was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. PLXS has an excellent profitability rating, 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.
In the past 5 years PLXS has always been profitable.
In multiple years PLXS reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of PLXS (5.24%) is better than 72.36% of its industry peers.
PLXS has a better Return On Equity (11.46%) than 78.05% of its industry peers.
The Return On Invested Capital of PLXS (11.66%) is better than 87.80% of its industry peers.
PLXS had an Average Return On Invested Capital over the past 3 years of 11.81%. This is above the industry average of 8.98%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.24% | ||
| ROE | 11.46% | ||
| ROIC | 11.66% |
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's Profit Margin of 4.04% is fine compared to the rest of the industry. PLXS outperforms 64.23% of its industry peers.
In the last couple of years the Profit Margin of PLXS has grown nicely.
PLXS has a better Operating Margin (5.16%) than 65.04% of its industry peers.
PLXS's Operating Margin has improved in the last couple of years.
PLXS's Gross Margin of 10.18% is on the low side compared to the rest of the industry. PLXS is outperformed by 81.30% of its industry peers.
PLXS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.16% | ||
| PM (TTM) | 4.04% | ||
| GM | 10.18% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PLXS is still creating some value.
Compared to 1 year ago, PLXS has less shares outstanding
Compared to 5 years ago, PLXS has less shares outstanding
PLXS has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.08 indicates that PLXS is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 4.08, PLXS is doing good in the industry, outperforming 62.60% of the companies in the same industry.
The Debt to FCF ratio of PLXS is 0.57, which is an excellent value as it means it would take PLXS, only 0.57 years of fcf income to pay off all of its debts.
PLXS's Debt to FCF ratio of 0.57 is amongst the best of the industry. PLXS outperforms 82.93% 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.
Looking at the Debt to Equity ratio, with a value of 0.06, PLXS is in line with its industry, outperforming 56.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.57 | ||
| Altman-Z | 4.08 |
ROIC/WACC1.24
WACC9.41%
2.3 Liquidity
PLXS has a Current Ratio of 1.58. 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 (1.58) is worse than 71.54% of its industry peers.
PLXS has a Quick Ratio of 1.58. This is a bad value and indicates that PLXS is not financially healthy enough and could expect problems in meeting its short term obligations.
PLXS's Quick ratio of 0.74 is on the low side compared to the rest of the industry. PLXS is outperformed by 90.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.58 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 51.02% over the past year.
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.
Looking at the last year, PLXS shows a small growth in Revenue. The Revenue has grown by 1.82% in the last year.
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 6.75% yearly.
PLXS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.07% yearly.
EPS Next Y2.4%
EPS Next 2Y6.75%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.97%
Revenue Next 2Y8.07%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
Based on the Price/Earnings ratio of 18.54, the valuation of PLXS can be described as rather expensive.
Based on the Price/Earnings ratio, PLXS is valued cheaper than 80.49% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.89, PLXS is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 18.10, the valuation of PLXS can be described as rather expensive.
Based on the Price/Forward Earnings ratio, PLXS is valued a bit cheaper than 73.17% of the companies in the same industry.
PLXS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.54 | ||
| Fwd PE | 18.1 |
4.2 Price Multiples
PLXS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PLXS is cheaper than 75.61% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, PLXS is valued cheaper than 89.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.83 | ||
| EV/EBITDA | 12.92 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PLXS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)7.72
PEG (5Y)1.45
EPS Next 2Y6.75%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PLXS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
137.72
-2.65 (-1.89%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners99.91%
Inst Owner Change0.16%
Ins Owners1.41%
Ins Owner Change-5.11%
Market Cap3.72B
Revenue(TTM)4.03B
Net Income(TTM)162.68M
Analysts78.46
Price Target162.18 (17.76%)
Short Float %3.45%
Short Ratio5.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)2
Avg EPS beat(2)7.27%
Min EPS beat(2)6.02%
Max EPS beat(2)8.51%
EPS beat(4)4
Avg EPS beat(4)9.49%
Min EPS beat(4)6.02%
Max EPS beat(4)16.96%
EPS beat(8)6
Avg EPS beat(8)2.28%
EPS beat(12)9
Avg EPS beat(12)8.72%
EPS beat(16)10
Avg EPS beat(16)5.98%
Revenue beat(2)0
Avg Revenue beat(2)-2.18%
Min Revenue beat(2)-2.27%
Max Revenue beat(2)-2.08%
Revenue beat(4)1
Avg Revenue beat(4)-1.19%
Min Revenue beat(4)-2.58%
Max Revenue beat(4)2.2%
Revenue beat(8)1
Avg Revenue beat(8)-1.63%
Revenue beat(12)3
Avg Revenue beat(12)-0.75%
Revenue beat(16)5
Avg Revenue beat(16)-0.69%
PT rev (1m)2.19%
PT rev (3m)2.85%
EPS NQ rev (1m)0.19%
EPS NQ rev (3m)-1.05%
EPS NY rev (1m)-1.45%
EPS NY rev (3m)-1.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.65%
Revenue NY rev (3m)0.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.54 | ||
| Fwd PE | 18.1 | ||
| P/S | 0.92 | ||
| P/FCF | 14.83 | ||
| P/OCF | 11.02 | ||
| P/B | 2.62 | ||
| P/tB | 2.62 | ||
| EV/EBITDA | 12.92 |
EPS(TTM)7.43
EY5.4%
EPS(NY)7.61
Fwd EY5.52%
FCF(TTM)9.28
FCFY6.74%
OCF(TTM)12.5
OCFY9.08%
SpS149.14
BVpS52.58
TBVpS52.58
PEG (NY)7.72
PEG (5Y)1.45
Graham Number93.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.24% | ||
| ROE | 11.46% | ||
| ROCE | 13.08% | ||
| ROIC | 11.66% | ||
| ROICexc | 13.7% | ||
| ROICexgc | 13.7% | ||
| OM | 5.16% | ||
| PM (TTM) | 4.04% | ||
| GM | 10.18% | ||
| FCFM | 6.23% |
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-Score8
Asset Turnover1.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.57 | ||
| Debt/EBITDA | 0.32 | ||
| Cap/Depr | 111.06% | ||
| Cap/Sales | 2.16% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 117.99% | ||
| Profit Quality | 154.04% | ||
| Current Ratio | 1.58 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 4.08 |
F-Score8
WACC9.41%
ROIC/WACC1.24
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)51.02%
EPS 3Y14.57%
EPS 5Y12.79%
EPS Q2Q%15.68%
EPS Next Y2.4%
EPS Next 2Y6.75%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.82%
Revenue growth 3Y1.9%
Revenue growth 5Y3.53%
Sales Q2Q%0.74%
Revenue Next Year8.97%
Revenue Next 2Y8.07%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y10.87%
EBIT growth 3Y4.74%
EBIT growth 5Y5.37%
EBIT Next Year47.06%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y17.6%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y10.18%
OCF growth 3YN/A
OCF growth 5YN/A
PLEXUS CORP / PLXS FAQ
What is the ChartMill fundamental rating of PLEXUS CORP (PLXS) stock?
ChartMill assigns a fundamental rating of 6 / 10 to PLXS.
What is the valuation status of PLEXUS CORP (PLXS) stock?
ChartMill assigns a valuation rating of 5 / 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.
Can you provide the expected EPS growth for PLXS stock?
The Earnings per Share (EPS) of PLEXUS CORP (PLXS) is expected to grow by 2.4% in the next year.