PLEXUS CORP (PLXS)
US7291321005 - Common Stock
Taking everything into account, PLXS scores 5 out of 10 in our fundamental rating. PLXS was compared to 127 industry peers in the Electronic Equipment, Instruments & Components industry. PLXS scores excellent on profitability, but there are some minor concerns on its financial health. PLXS is valued correctly, but it does not seem to be growing.
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 (3.82%) than 62.70% of its industry peers.
PLXS's Return On Equity of 9.96% is fine compared to the rest of the industry. PLXS outperforms 72.22% of its industry peers.
PLXS has a Return On Invested Capital of 11.50%. This is amongst the best in the industry. PLXS outperforms 83.33% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PLXS is above the industry average of 9.44%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.82% | ||
| ROE | 9.96% | ||
| ROIC | 11.5% |
ROA(3y)4.63%
ROA(5y)4.89%
ROE(3y)12.53%
ROE(5y)12.43%
ROIC(3y)11.86%
ROIC(5y)11.47%
1.3 Margins
PLXS's Profit Margin of 3.08% is fine compared to the rest of the industry. PLXS outperforms 62.70% of its industry peers.
PLXS's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 5.04%, PLXS is doing good in the industry, outperforming 68.25% of the companies in the same industry.
PLXS's Operating Margin has improved in the last couple of years.
PLXS has a worse Gross Margin (9.31%) than 80.95% 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 | 5.04% | ||
| PM (TTM) | 3.08% | ||
| GM | 9.31% |
OM growth 3Y3.41%
OM growth 5Y4.78%
PM growth 3Y-1.58%
PM growth 5Y48.83%
GM growth 3Y0.54%
GM growth 5Y0.89%
2. Health
2.1 Basic Checks
PLXS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for PLXS has been reduced compared to 1 year ago.
Compared to 5 years ago, PLXS has less shares outstanding
Compared to 1 year ago, PLXS has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.29 indicates that PLXS is not in any danger for bankruptcy at the moment.
PLXS's Altman-Z score of 3.29 is fine compared to the rest of the industry. PLXS outperforms 62.70% of its industry peers.
PLXS has a debt to FCF ratio of 4.34. This is a neutral value as PLXS would need 4.34 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 4.34, PLXS is doing good in the industry, outperforming 63.49% of the companies in the same industry.
PLXS has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
PLXS has a Debt to Equity ratio (0.15) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 4.34 | ||
| Altman-Z | 3.29 |
ROIC/WACC1.23
WACC9.37%
2.3 Liquidity
A Current Ratio of 1.52 indicates that PLXS should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.52, PLXS is doing worse than 76.19% of the companies in the same industry.
A Quick Ratio of 0.62 indicates that PLXS may have some problems paying its short term obligations.
PLXS has a Quick ratio of 0.62. This is amonst the worse of the industry: PLXS underperforms 89.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
PLXS shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.41%.
Measured over the past years, PLXS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.96% on average per year.
PLXS shows a small growth in Revenue. In the last year, the Revenue has grown by 0.27%.
PLXS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.94% yearly.
EPS 1Y (TTM)-5.41%
EPS 3Y11.88%
EPS 5Y11.96%
EPS growth Q2Q-30.2%
Revenue 1Y (TTM)0.27%
Revenue growth 3Y7.49%
Revenue growth 5Y7.94%
Revenue growth Q2Q-10.17%
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 4.82% on average per year.
PLXS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.70% yearly.
EPS Next Y-22.41%
EPS Next 2Y4.82%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-3.43%
Revenue Next 2Y4.7%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 18.87, the valuation of PLXS can be described as rather expensive.
Based on the Price/Earnings ratio, PLXS is valued a bit cheaper than the industry average as 76.19% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of PLXS to the average of the S&P500 Index (25.20), we can say PLXS is valued slightly cheaper.
The Price/Forward Earnings ratio is 15.82, which indicates a correct valuation of PLXS.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PLXS indicates a somewhat cheap valuation: PLXS is cheaper than 76.98% of the companies listed in the same industry.
PLXS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.87 | ||
| Fwd PE | 15.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLXS is valued a bit cheaper than 75.40% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PLXS indicates a somewhat cheap valuation: PLXS is cheaper than 67.46% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.82 | ||
| EV/EBITDA | 10.21 |
4.3 Compensation for Growth
PLXS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.58
EPS Next 2Y4.82%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for PLXS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
PLEXUS CORP
NASDAQ:PLXS (4/25/2024, 3:30:01 PM)
After market: 99.09 0 (0%)99.09
+3.42 (+3.57%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.74B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.87 | ||
| Fwd PE | 15.82 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.82% | ||
| ROE | 9.96% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 5.04% | ||
| PM (TTM) | 3.08% | ||
| GM | 9.31% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.52 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-5.41%
EPS 3Y11.88%
EPS 5Y
EPS growth Q2Q
EPS Next Y-22.41%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)0.27%
Revenue growth 3Y7.49%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y