PLEXUS CORP (PLXS) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:PLXS • US7291321005

197.37 USD
-6.41 (-3.15%)
Last: Feb 4, 2026, 03:51 PM
Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to PLXS. PLXS was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. While PLXS has a great profitability rating, there are some minor concerns on its financial health. PLXS has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year PLXS was profitable.
  • PLXS had a positive operating cash flow in the past year.
  • PLXS had positive earnings in each of the past 5 years.
  • PLXS had a positive operating cash flow in 4 of the past 5 years.
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M -100M 200M 300M 400M

1.2 Ratios

  • PLXS has a Return On Assets of 5.51%. This is in the better half of the industry: PLXS outperforms 73.17% of its industry peers.
  • PLXS has a Return On Equity of 11.89%. This is in the better half of the industry: PLXS outperforms 78.05% of its industry peers.
  • 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.
  • Measured over the past 3 years, the Average Return On Invested Capital for PLXS is above the industry average of 8.89%.
Industry RankSector 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%
PLXS Yearly ROA, ROE, ROICPLXS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • Looking at the Profit Margin, with a value of 4.29%, PLXS is in the better half of the industry, outperforming 67.48% of the companies in the same industry.
  • PLXS's Profit Margin has improved in the last couple of years.
  • PLXS has a Operating Margin of 5.13%. This is in the better half of the industry: PLXS outperforms 65.04% of its industry peers.
  • PLXS's Operating Margin has improved in the last couple of years.
  • The Gross Margin of PLXS (10.08%) is worse than 80.49% of its industry peers.
  • PLXS's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
PLXS Yearly Profit, Operating, Gross MarginsPLXS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

6

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PLXS is destroying 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M
PLXS Yearly Total Debt VS Total AssetsPLXS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • PLXS has an Altman-Z score of 4.68. This indicates that PLXS is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 4.68, PLXS is in the better half of the industry, outperforming 69.11% of the companies in the same industry.
  • 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 better Debt to FCF ratio (0.89) than 83.74% 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.
  • PLXS has a Debt to Equity ratio (0.06) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 0.89
Altman-Z 4.68
ROIC/WACC0.73
WACC15.54%
PLXS Yearly LT Debt VS Equity VS FCFPLXS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 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.
  • Looking at the Current ratio, with a value of 1.58, PLXS is doing worse than 73.98% of the companies in the same industry.
  • 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 RankSector Rank
Current Ratio 1.58
Quick Ratio 0.77
PLXS Yearly Current Assets VS Current LiabilitesPLXS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

6

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.
  • PLXS shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.79% yearly.
  • Looking at the last year, PLXS shows a small growth in Revenue. The Revenue has grown by 4.36% in the last year.
  • PLXS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.53% yearly.
EPS 1Y (TTM)33.33%
EPS 3Y14.57%
EPS 5Y12.79%
EPS Q2Q%2.89%
Revenue 1Y (TTM)4.36%
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 quite strong growth in Earnings Per Share. The EPS will grow by 8.48% on average per year.
  • The Revenue is expected to grow by 8.39% on average over the next years. This is quite good.
EPS Next Y5.53%
EPS Next 2Y8.7%
EPS Next 3Y8.48%
EPS Next 5YN/A
Revenue Next Year12.36%
Revenue Next 2Y10.25%
Revenue Next 3Y8.39%
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.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
PLXS Yearly Revenue VS EstimatesPLXS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B 4B 5B
PLXS Yearly EPS VS EstimatesPLXS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2 4 6 8

4

4. Valuation

4.1 Price/Earnings Ratio

  • PLXS is valuated quite expensively with a Price/Earnings ratio of 26.39.
  • 68.29% of the companies in the same industry are more expensive than PLXS, based on the Price/Earnings ratio.
  • PLXS is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.18, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 22.48, which indicates a rather expensive current valuation of PLXS.
  • Based on the Price/Forward Earnings ratio, PLXS is valued a bit cheaper than 69.92% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of PLXS to the average of the S&P500 Index (25.51), we can say PLXS is valued inline with the index average.
Industry RankSector Rank
PE 26.39
Fwd PE 22.48
PLXS Price Earnings VS Forward Price EarningsPLXS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • 67.48% of the companies in the same industry are more expensive than PLXS, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of PLXS indicates a somewhat cheap valuation: PLXS is cheaper than 66.67% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 34.32
EV/EBITDA 18.56
PLXS Per share dataPLXS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100 150

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PLXS does not grow enough to justify the current Price/Earnings ratio.
  • PLXS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)4.77
PEG (5Y)2.06
EPS Next 2Y8.7%
EPS Next 3Y8.48%

0

5. Dividend

5.1 Amount

  • PLXS does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

PLEXUS CORP

NASDAQ:PLXS (2/4/2026, 3:51:52 PM)

197.37

-6.41 (-3.15%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)01-28
Earnings (Next)04-21
Inst Owners101.52%
Inst Owner Change-2.35%
Ins Owners1.35%
Ins Owner Change-2.84%
Market Cap5.28B
Revenue(TTM)4.13B
Net Income(TTM)172.88M
Analysts75.38
Price Target204.82 (3.77%)
Short Float %3.83%
Short Ratio4.06
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)10.39%
Min EPS beat(2)8.51%
Max EPS beat(2)12.28%
EPS beat(4)4
Avg EPS beat(4)8.32%
Min EPS beat(4)6.02%
Max EPS beat(4)12.28%
EPS beat(8)6
Avg EPS beat(8)2.35%
EPS beat(12)9
Avg EPS beat(12)6.71%
EPS beat(16)11
Avg EPS beat(16)7.21%
Revenue beat(2)0
Avg Revenue beat(2)-1.54%
Min Revenue beat(2)-2.27%
Max Revenue beat(2)-0.81%
Revenue beat(4)0
Avg Revenue beat(4)-1.94%
Min Revenue beat(4)-2.58%
Max Revenue beat(4)-0.81%
Revenue beat(8)1
Avg Revenue beat(8)-1.54%
Revenue beat(12)2
Avg Revenue beat(12)-1.58%
Revenue beat(16)5
Avg Revenue beat(16)-0.25%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.3%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.24%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.81%
Valuation
Industry RankSector Rank
PE 26.39
Fwd PE 22.48
P/S 1.31
P/FCF 34.32
P/OCF 21.2
P/B 3.63
P/tB 3.63
EV/EBITDA 18.56
EPS(TTM)7.48
EY3.79%
EPS(NY)8.78
Fwd EY4.45%
FCF(TTM)5.75
FCFY2.91%
OCF(TTM)9.31
OCFY4.72%
SpS150.65
BVpS54.34
TBVpS54.34
PEG (NY)4.77
PEG (5Y)2.06
Graham Number95.63
Profitability
Industry RankSector Rank
ROA 5.51%
ROE 11.89%
ROCE 12.79%
ROIC 11.4%
ROICexc 14.07%
ROICexgc 14.07%
OM 5.13%
PM (TTM) 4.29%
GM 10.08%
FCFM 3.82%
ROA(3y)4.41%
ROA(5y)4.59%
ROE(3y)10.59%
ROE(5y)11.58%
ROIC(3y)11.81%
ROIC(5y)11.8%
ROICexc(3y)14.68%
ROICexc(5y)14.71%
ROICexgc(3y)14.68%
ROICexgc(5y)14.71%
ROCE(3y)13.25%
ROCE(5y)13.24%
ROICexgc growth 3Y-0.87%
ROICexgc growth 5Y-2.39%
ROICexc growth 3Y-0.87%
ROICexc growth 5Y-2.27%
OM growth 3Y2.78%
OM growth 5Y1.78%
PM growth 3Y5.74%
PM growth 5Y4.34%
GM growth 3Y3.43%
GM growth 5Y1.79%
F-Score8
Asset Turnover1.29
Health
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 0.89
Debt/EBITDA 0.32
Cap/Depr 122.46%
Cap/Sales 2.36%
Interest Coverage 16.78
Cash Conversion 87.5%
Profit Quality 89.06%
Current Ratio 1.58
Quick Ratio 0.77
Altman-Z 4.68
F-Score8
WACC15.54%
ROIC/WACC0.73
Cap/Depr(3y)131.24%
Cap/Depr(5y)129.88%
Cap/Sales(3y)2.41%
Cap/Sales(5y)2.32%
Profit Quality(3y)146.25%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.33%
EPS 3Y14.57%
EPS 5Y12.79%
EPS Q2Q%2.89%
EPS Next Y5.53%
EPS Next 2Y8.7%
EPS Next 3Y8.48%
EPS Next 5YN/A
Revenue 1Y (TTM)4.36%
Revenue growth 3Y1.9%
Revenue growth 5Y3.53%
Sales Q2Q%9.6%
Revenue Next Year12.36%
Revenue Next 2Y10.25%
Revenue Next 3Y8.39%
Revenue Next 5YN/A
EBIT growth 1Y10.14%
EBIT growth 3Y4.74%
EBIT growth 5Y5.37%
EBIT Next Year45.82%
EBIT Next 3Y16.99%
EBIT Next 5YN/A
FCF growth 1Y-54.89%
FCF growth 3YN/A
FCF growth 5Y-0.8%
OCF growth 1Y-42.9%
OCF growth 3YN/A
OCF growth 5Y3.45%

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.