186.105 USD
+5.25 (+2.91%)
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. While PLXS belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. 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.
- 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.
1.2 Ratios
- PLXS's Return On Assets of 5.51% is fine compared to the rest of the industry. PLXS outperforms 73.17% of its industry peers.
- With a decent Return On Equity value of 11.89%, PLXS is doing good in the industry, outperforming 78.86% of the companies in the same industry.
- 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.
- PLXS had an Average Return On Invested Capital over the past 3 years of 11.81%. This 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's Profit Margin of 4.29% is fine compared to the rest 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 has a worse Gross Margin (10.08%) than 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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PLXS is still creating some value.
- PLXS has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, PLXS has less shares outstanding
- PLXS has a better debt/assets ratio than last year.
2.2 Solvency
- PLXS has an Altman-Z score of 4.46. This indicates that PLXS is financially healthy and has little risk of bankruptcy at the moment.
- PLXS has a Altman-Z score of 4.46. This is in the better half of the industry: PLXS outperforms 64.23% of its industry peers.
- PLXS has a debt to FCF ratio of 0.89. This is a very positive value and a sign of high solvency as it would only need 0.89 years to pay back of all of its debts.
- PLXS has a Debt to FCF ratio of 0.89. This is amongst the best in the industry. PLXS outperforms 83.74% 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 in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.89 | ||
| Altman-Z | 4.46 |
ROIC/WACC1.3
WACC8.76%
2.3 Liquidity
- A Current Ratio of 1.58 indicates that PLXS should not have too much problems paying its short term obligations.
- PLXS's Current ratio of 1.58 is on the low side compared to the rest of the industry. PLXS is outperformed by 73.17% of its industry peers.
- A Quick Ratio of 0.77 indicates that PLXS may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.77, PLXS is doing worse than 87.80% of the companies in the same industry.
| 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 33.33%, which is quite impressive.
- The Earnings Per Share has been growing by 12.79% on average over the past years. This is quite good.
- PLXS shows a small growth in Revenue. In the last year, the Revenue has grown by 1.82%.
- The Revenue has been growing slightly by 3.53% on average over the past years.
EPS 1Y (TTM)33.33%
EPS 3Y14.57%
EPS 5Y12.79%
EPS Q2Q%2.89%
Revenue 1Y (TTM)1.82%
Revenue growth 3Y1.9%
Revenue growth 5Y3.53%
Sales Q2Q%9.6%
3.2 Future
- Based on estimates for the next years, PLXS will show a small growth in Earnings Per Share. The EPS will grow by 6.99% on average per year.
- 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
- The Price/Earnings ratio is 24.88, which indicates a rather expensive current valuation of PLXS.
- Based on the Price/Earnings ratio, PLXS is valued a bit cheaper than 71.54% of the companies in the same industry.
- PLXS's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.60.
- The Price/Forward Earnings ratio is 21.98, which indicates a rather expensive current valuation of PLXS.
- Based on the Price/Forward Earnings ratio, PLXS is valued a bit cheaper than the industry average as 69.92% of the companies are valued more expensively.
- PLXS is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 25.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.88 | ||
| Fwd PE | 21.98 |
4.2 Price Multiples
- 71.54% 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 ratio is a bit cheaper when compared to the industry. PLXS is cheaper than 67.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.36 | ||
| EV/EBITDA | 16.4 |
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)10.36
PEG (5Y)1.94
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.