PLEXUS CORP (PLXS) Stock Fundamental Analysis
USA - NASDAQ:PLXS - US7291321005 - Common Stock
148.85 USD
+3.69 (+2.54%)
148.85 USD
0 (0%)
Taking everything into account, PLXS scores 5 out of 10 in our fundamental rating. PLXS was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. PLXS has only an average score on both its financial health and profitability. 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.
Of the past 5 years PLXS 4 years had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 5.24%, PLXS is doing good in the industry, outperforming 75.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 11.46%, PLXS is in the better half of the industry, outperforming 78.23% of the companies in the same industry.
PLXS has a Return On Invested Capital of 11.29%. This is amongst the best in the industry. PLXS outperforms 87.10% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PLXS is above the industry average of 9.44%.
| 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
PLXS has a Profit Margin of 4.04%. This is in the better half of the industry: PLXS outperforms 65.32% of its industry peers.
In the last couple of years the Profit Margin of PLXS has declined.
PLXS's Operating Margin of 5.16% is fine compared to the rest of the industry. PLXS outperforms 65.32% of its industry peers.
PLXS's Operating Margin has been stable 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 80.65% of its industry peers.
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
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.
Compared to 1 year ago, PLXS has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.13 indicates that PLXS is not in any danger for bankruptcy at the moment.
PLXS's Altman-Z score of 4.13 is fine compared to the rest of the industry. PLXS outperforms 61.29% 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 83.87% of the companies in the same industry.
PLXS has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of PLXS (0.06) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.57 | ||
| Altman-Z | 4.13 |
ROIC/WACC1.21
WACC9.32%
2.3 Liquidity
A Current Ratio of 1.58 indicates that PLXS should not have too much problems paying its short term obligations.
With a Current ratio value of 1.58, PLXS is not doing good in the industry: 70.97% of the companies in the same industry are doing better.
A Quick Ratio of 0.74 indicates that PLXS may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.74, PLXS is doing worse than 89.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.58 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
PLXS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 58.31%, which is quite impressive.
The Earnings Per Share has been growing slightly by 7.42% on average over the past years.
Looking at the last year, PLXS shows a small growth in Revenue. The Revenue has grown by 2.31% in the last year.
The Revenue has been growing slightly by 4.59% on average over the past years.
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
PLXS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.47% yearly.
Based on estimates for the next years, PLXS will show a small growth in Revenue. The Revenue will grow by 5.38% on average per year.
EPS Next Y48.37%
EPS Next 2Y25.27%
EPS Next 3Y18.47%
EPS Next 5YN/A
Revenue Next Year2.6%
Revenue Next 2Y5.4%
Revenue Next 3Y5.38%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
PLXS is valuated rather expensively with a Price/Earnings ratio of 20.85.
80.65% of the companies in the same industry are more expensive than PLXS, based on the Price/Earnings ratio.
PLXS is valuated rather cheaply when we compare the Price/Earnings ratio to 27.90, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 19.28, which indicates a rather expensive current valuation of PLXS.
75.00% of the companies in the same industry are more expensive than PLXS, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.36, PLXS is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.85 | ||
| Fwd PE | 19.28 |
4.2 Price Multiples
PLXS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PLXS is cheaper than 77.42% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, PLXS is valued cheaply inside the industry as 91.94% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.03 | ||
| EV/EBITDA | 13.37 |
4.3 Compensation for Growth
The 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 18.47% in the coming years.
PEG (NY)0.43
PEG (5Y)2.81
EPS Next 2Y25.27%
EPS Next 3Y18.47%
5. Dividend
5.1 Amount
No dividends for PLXS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
148.85
+3.69 (+2.54%)
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%
Ins Owners1.41%
Ins Owner Change-4.38%
Market Cap4.02B
Analysts78.46
Price Target158.71 (6.62%)
Short Float %2.54%
Short Ratio3.55
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)0.65%
PT rev (3m)1.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.36%
EPS NY rev (1m)0.28%
EPS NY rev (3m)2.53%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.61%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.85 | ||
| Fwd PE | 19.28 | ||
| P/S | 1 | ||
| P/FCF | 16.03 | ||
| P/OCF | 11.91 | ||
| P/B | 2.83 | ||
| P/tB | 2.83 | ||
| EV/EBITDA | 13.37 |
EPS(TTM)7.14
EY4.8%
EPS(NY)7.72
Fwd EY5.19%
FCF(TTM)9.28
FCFY6.24%
OCF(TTM)12.5
OCFY8.4%
SpS149.14
BVpS52.58
TBVpS52.58
PEG (NY)0.43
PEG (5Y)2.81
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 | 4.13 |
F-Score8
WACC9.32%
ROIC/WACC1.21
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 Y48.37%
EPS Next 2Y25.27%
EPS Next 3Y18.47%
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 2Y5.4%
Revenue Next 3Y5.38%
Revenue Next 5YN/A
EBIT growth 1Y10.87%
EBIT growth 3Y1.53%
EBIT growth 5Y5.51%
EBIT Next Year64.27%
EBIT Next 3Y23.03%
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%