PLEXUS CORP (PLXS) Stock Fundamental Analysis
NASDAQ:PLXS - US7291321005 - Common Stock
136.56 USD
-0.48 (-0.35%)
136.56 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to PLXS. PLXS was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. PLXS has an average financial health and profitability rating. PLXS has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
PLXS had positive earnings in the past year.
In the past year PLXS had a positive cash flow from operations.
In the past 5 years PLXS has always been profitable.
PLXS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
PLXS has a better Return On Assets (5.24%) than 75.00% of its industry peers.
With a decent Return On Equity value of 11.46%, PLXS is doing good in the industry, outperforming 79.03% of the companies in the same industry.
The Return On Invested Capital of PLXS (11.29%) is better than 86.29% of its industry peers.
PLXS had an Average Return On Invested Capital over the past 3 years of 11.50%. This is in line with the industry average of 9.70%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.24% | ||
| ROE | 11.46% | ||
| ROIC | 11.29% |
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
With a decent Profit Margin value of 4.04%, PLXS is doing good in the industry, outperforming 66.94% of the companies in the same industry.
PLXS's Profit Margin has declined in the last couple of years.
PLXS has a Operating Margin of 5.16%. This is in the better half of the industry: PLXS outperforms 66.13% of its industry peers.
PLXS's Operating Margin has been stable in the last couple of years.
With a Gross Margin value of 10.18%, PLXS is not doing good in the industry: 80.65% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of PLXS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.16% | ||
| PM (TTM) | 4.04% | ||
| GM | 10.18% |
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
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
PLXS has an Altman-Z score of 4.05. This indicates that PLXS is financially healthy and has little risk of bankruptcy at the moment.
PLXS has a Altman-Z score of 4.05. This is in the better half of the industry: PLXS outperforms 62.10% of its industry peers.
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.
Looking at the Debt to FCF ratio, with a value of 0.57, PLXS belongs to the top of the industry, outperforming 84.68% of the companies in the same industry.
A Debt/Equity ratio of 0.06 indicates that PLXS is not too dependend on debt financing.
PLXS has a Debt to Equity ratio of 0.06. This is comparable to the rest of the industry: PLXS outperforms 58.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.57 | ||
| Altman-Z | 4.05 |
ROIC/WACC1.16
WACC9.75%
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.
PLXS's Current ratio of 1.58 is on the low side compared to the rest of the industry. PLXS is outperformed by 69.35% 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 has a Quick ratio of 0.74. This is amonst the worse of the industry: PLXS underperforms 88.71% 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 58.31% over the past year.
PLXS shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.42% yearly.
PLXS shows a small growth in Revenue. In the last year, the Revenue has grown by 2.31%.
Measured over the past years, PLXS shows a small growth in Revenue. The Revenue has been growing by 4.59% on average per year.
EPS 1Y (TTM)58.31%
EPS 3Y0.34%
EPS 5Y7.42%
EPS Q2Q%31.03%
Revenue 1Y (TTM)2.31%
Revenue growth 3Y5.54%
Revenue growth 5Y4.59%
Sales Q2Q%5.99%
3.2 Future
Based on estimates for the next years, PLXS will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.11% on average per year.
The Revenue is expected to grow by 5.26% on average over the next years.
EPS Next Y47.96%
EPS Next 2Y25.13%
EPS Next 3Y18.11%
EPS Next 5YN/A
Revenue Next Year2.6%
Revenue Next 2Y5.29%
Revenue Next 3Y5.26%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 19.13, PLXS is valued on the expensive side.
83.87% of the companies in the same industry are more expensive than PLXS, based on the Price/Earnings ratio.
PLXS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.08.
PLXS is valuated rather expensively with a Price/Forward Earnings ratio of 17.73.
PLXS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. PLXS is cheaper than 75.81% of the companies in the same industry.
PLXS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.67.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.13 | ||
| Fwd PE | 17.73 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLXS is valued a bit cheaper than the industry average as 79.03% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, PLXS is valued cheaply inside the industry as 92.74% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.71 | ||
| EV/EBITDA | 12.61 |
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.
The decent profitability rating of PLXS may justify a higher PE ratio.
PLXS's earnings are expected to grow with 18.11% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.4
PEG (5Y)2.58
EPS Next 2Y25.13%
EPS Next 3Y18.11%
5. Dividend
5.1 Amount
No dividends for PLXS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
136.56
-0.48 (-0.35%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners99.48%
Inst Owner Change-0.86%
Ins Owners1.49%
Ins Owner Change-3.11%
Market Cap3.69B
Analysts78.46
Price Target157.69 (15.47%)
Short Float %2.46%
Short Ratio3.48
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)0.78%
PT rev (3m)0.78%
EPS NQ rev (1m)0.18%
EPS NQ rev (3m)-1.23%
EPS NY rev (1m)2.24%
EPS NY rev (3m)2.24%
Revenue NQ rev (1m)-3.61%
Revenue NQ rev (3m)-4.48%
Revenue NY rev (1m)-1.04%
Revenue NY rev (3m)-1.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.13 | ||
| Fwd PE | 17.73 | ||
| P/S | 0.92 | ||
| P/FCF | 14.71 | ||
| P/OCF | 10.93 | ||
| P/B | 2.6 | ||
| P/tB | 2.6 | ||
| EV/EBITDA | 12.61 |
EPS(TTM)7.14
EY5.23%
EPS(NY)7.7
Fwd EY5.64%
FCF(TTM)9.28
FCFY6.8%
OCF(TTM)12.5
OCFY9.15%
SpS149.14
BVpS52.58
TBVpS52.58
PEG (NY)0.4
PEG (5Y)2.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.24% | ||
| ROE | 11.46% | ||
| ROCE | 13.08% | ||
| ROIC | 11.29% | ||
| ROICexc | 13.28% | ||
| ROICexgc | 13.28% | ||
| OM | 5.16% | ||
| PM (TTM) | 4.04% | ||
| GM | 10.18% | ||
| FCFM | 6.23% |
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-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 | 4.05 |
F-Score8
WACC9.75%
ROIC/WACC1.16
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)58.31%
EPS 3Y0.34%
EPS 5Y7.42%
EPS Q2Q%31.03%
EPS Next Y47.96%
EPS Next 2Y25.13%
EPS Next 3Y18.11%
EPS Next 5YN/A
Revenue 1Y (TTM)2.31%
Revenue growth 3Y5.54%
Revenue growth 5Y4.59%
Sales Q2Q%5.99%
Revenue Next Year2.6%
Revenue Next 2Y5.29%
Revenue Next 3Y5.26%
Revenue Next 5YN/A
EBIT growth 1Y10.87%
EBIT growth 3Y1.53%
EBIT growth 5Y5.51%
EBIT Next Year64.38%
EBIT Next 3Y22.74%
EBIT Next 5YN/A
FCF growth 1Y1304.78%
FCF growth 3Y58.63%
FCF growth 5Y69.08%
OCF growth 1Y346.22%
OCF growth 3Y45.2%
OCF growth 5Y30.51%