Logo image of PLXS

PLEXUS CORP (PLXS) Stock Fundamental Analysis

USA - NASDAQ:PLXS - US7291321005 - Common Stock

137.51 USD
-0.55 (-0.4%)
Last: 9/15/2025, 8:00:00 PM
137.51 USD
0 (0%)
After Hours: 9/15/2025, 8:00:00 PM
Fundamental Rating

5

Overall PLXS gets a fundamental rating of 5 out of 10. We evaluated PLXS against 125 industry peers in the Electronic Equipment, Instruments & Components industry. PLXS has an average financial health and profitability rating. PLXS has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

6

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.
PLXS Yearly Net Income VS EBIT VS OCF VS FCFPLXS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M 300M 400M

1.2 Ratios

PLXS has a better Return On Assets (5.24%) than 74.40% of its industry peers.
PLXS has a Return On Equity of 11.46%. This is in the better half of the industry: PLXS outperforms 78.40% of its industry peers.
Looking at the Return On Invested Capital, with a value of 11.29%, PLXS belongs to the top of the industry, outperforming 86.40% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PLXS is above the industry average of 9.48%.
Industry RankSector 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%
PLXS Yearly ROA, ROE, ROICPLXS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

1.3 Margins

PLXS's Profit Margin of 4.04% is fine compared to the rest of the industry. PLXS outperforms 65.60% of its industry peers.
PLXS's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 5.16%, PLXS is doing good in the industry, outperforming 65.60% of the companies in the same industry.
PLXS's Operating Margin has been stable in the last couple of years.
PLXS has a Gross Margin of 10.18%. This is amonst the worse of the industry: PLXS underperforms 80.80% of its industry peers.
PLXS's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
PLXS Yearly Profit, Operating, Gross MarginsPLXS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

6

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.
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.
PLXS Yearly Shares OutstandingPLXS Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
PLXS Yearly Total Debt VS Total AssetsPLXS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.2 Solvency

An Altman-Z score of 4.05 indicates that PLXS is not in any danger for bankruptcy at the moment.
PLXS has a Altman-Z score (4.05) which is in line with 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.
PLXS has a better Debt to FCF ratio (0.57) than 84.00% 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.
The Debt to Equity ratio of PLXS (0.06) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 0.57
Altman-Z 4.05
ROIC/WACC1.18
WACC9.54%
PLXS Yearly LT Debt VS Equity VS FCFPLXS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B

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.
With a Current ratio value of 1.58, PLXS is not doing good in the industry: 70.40% 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 89.60% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.58
Quick Ratio 0.74
PLXS Yearly Current Assets VS Current LiabilitesPLXS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

5

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.
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.
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 Y47.96%
EPS Next 2Y25.13%
EPS Next 3Y18.11%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
PLXS Yearly Revenue VS EstimatesPLXS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B 4B
PLXS Yearly EPS VS EstimatesPLXS Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6 8

6

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 19.26, PLXS is valued on the expensive side.
Based on the Price/Earnings ratio, PLXS is valued cheaper than 83.20% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.27. PLXS is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 17.85 indicates a rather expensive valuation of PLXS.
PLXS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. PLXS is cheaper than 76.00% of the companies in the same industry.
PLXS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.77, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 19.26
Fwd PE 17.85
PLXS Price Earnings VS Forward Price EarningsPLXS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, PLXS is valued a bit cheaper than the industry average as 78.40% of the companies are valued more expensively.
PLXS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. PLXS is cheaper than 92.80% of the companies in the same industry.
Industry RankSector Rank
P/FCF 14.81
EV/EBITDA 12.65
PLXS Per share dataPLXS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100

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.
PLXS has a very decent profitability rating, which 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)2.6
EPS Next 2Y25.13%
EPS Next 3Y18.11%

0

5. Dividend

5.1 Amount

PLXS does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

PLEXUS CORP

NASDAQ:PLXS (9/15/2025, 8:00:00 PM)

After market: 137.51 0 (0%)

137.51

-0.55 (-0.4%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)07-23 2025-07-23/amc
Earnings (Next)10-21 2025-10-21/amc
Inst Owners99.48%
Inst Owner Change-0.86%
Ins Owners1.49%
Ins Owner Change-4.37%
Market Cap3.71B
Analysts78.46
Price Target157.69 (14.68%)
Short Float %2.52%
Short Ratio3.86
Dividend
Industry RankSector 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%
PT rev (3m)0.78%
EPS NQ rev (1m)-1.24%
EPS NQ rev (3m)-1.76%
EPS NY rev (1m)2.24%
EPS NY rev (3m)2.24%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.48%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.04%
Valuation
Industry RankSector Rank
PE 19.26
Fwd PE 17.85
P/S 0.92
P/FCF 14.81
P/OCF 11
P/B 2.62
P/tB 2.62
EV/EBITDA 12.65
EPS(TTM)7.14
EY5.19%
EPS(NY)7.7
Fwd EY5.6%
FCF(TTM)9.28
FCFY6.75%
OCF(TTM)12.5
OCFY9.09%
SpS149.14
BVpS52.58
TBVpS52.58
PEG (NY)0.4
PEG (5Y)2.6
Profitability
Industry RankSector 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 RankSector 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
WACC9.54%
ROIC/WACC1.18
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 2Y5.4%
Revenue Next 3Y5.38%
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%