PLEXUS CORP (PLXS) Stock Fundamental Analysis
USA - NASDAQ:PLXS - US7291321005 - Common Stock
141.08 USD
+1.61 (+1.15%)
141.08 USD
0 (0%)
PLXS gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 123 industry peers in the Electronic Equipment, Instruments & Components industry. PLXS has an excellent profitability rating, but there are some minor concerns on its financial health. PLXS has a correct valuation and a medium growth rate.
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.
The reported operating cash flow has been mixed in the past 5 years: PLXS reported negative operating cash flow in multiple years.
1.2 Ratios
PLXS's Return On Assets of 5.24% is fine compared to the rest of the industry. PLXS outperforms 73.98% of its industry peers.
PLXS has a better Return On Equity (11.46%) than 77.24% of its industry peers.
PLXS has a better Return On Invested Capital (11.66%) than 86.99% of its industry peers.
PLXS had an Average Return On Invested Capital over the past 3 years of 11.81%. This is above the industry average of 9.37%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.24% | ||
| ROE | 11.46% | ||
| ROIC | 11.66% |
ROA(3y)4.41%
ROA(5y)4.59%
ROE(3y)10.59%
ROE(5y)11.58%
ROIC(3y)11.81%
ROIC(5y)11.8%
1.3 Margins
With a decent Profit Margin value of 4.04%, PLXS is doing good in the industry, outperforming 64.23% of the companies in the same industry.
In the last couple of years the Profit Margin of PLXS has grown nicely.
The Operating Margin of PLXS (5.16%) is better than 65.04% of its industry peers.
In the last couple of years the Operating Margin of PLXS has grown nicely.
PLXS has a Gross Margin of 10.18%. This is amonst the worse of the industry: PLXS underperforms 80.49% of its industry peers.
PLXS's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.16% | ||
| PM (TTM) | 4.04% | ||
| GM | 10.18% |
OM growth 3Y2.78%
OM growth 5Y1.78%
PM growth 3Y5.74%
PM growth 5Y4.34%
GM growth 3Y3.43%
GM growth 5Y1.79%
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.
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
PLXS has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.07 indicates that PLXS is not in any danger for bankruptcy at the moment.
PLXS has a Altman-Z score of 4.07. This is in the better half of the industry: PLXS outperforms 60.16% 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.
With an excellent Debt to FCF ratio value of 0.57, PLXS belongs to the best of the industry, outperforming 82.93% 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's Debt to Equity ratio of 0.06 is in line compared to the rest of the industry. PLXS outperforms 56.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.57 | ||
| Altman-Z | 4.07 |
ROIC/WACC1.23
WACC9.45%
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.
The Current ratio of PLXS (1.58) is worse than 70.73% 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.
The Quick ratio of PLXS (0.74) is worse than 90.24% of its industry peers.
| 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 51.02%, which is quite impressive.
Measured over the past years, PLXS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.79% on average per year.
PLXS shows a small growth in Revenue. In the last year, the Revenue has grown by 1.82%.
Measured over the past years, PLXS shows a small growth in Revenue. The Revenue has been growing by 3.53% on average per year.
EPS 1Y (TTM)51.02%
EPS 3Y14.57%
EPS 5Y12.79%
EPS Q2Q%15.68%
Revenue 1Y (TTM)1.82%
Revenue growth 3Y1.9%
Revenue growth 5Y3.53%
Sales Q2Q%0.74%
3.2 Future
The Earnings Per Share is expected to grow by 5.79% on average over the next years.
Based on estimates for the next years, PLXS will show a small growth in Revenue. The Revenue will grow by 6.80% on average per year.
EPS Next Y4.58%
EPS Next 2Y5.79%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.27%
Revenue Next 2Y6.8%
Revenue Next 3YN/A
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 decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 18.99 indicates a rather expensive valuation of PLXS.
Based on the Price/Earnings ratio, PLXS is valued cheaper than 85.37% of the companies in the same industry.
PLXS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.19.
The Price/Forward Earnings ratio is 18.16, which indicates a rather expensive current valuation of PLXS.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PLXS indicates a rather cheap valuation: PLXS is cheaper than 80.49% of the companies listed in the same industry.
PLXS is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.50, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.99 | ||
| Fwd PE | 18.16 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLXS is valued cheaper than 80.49% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, PLXS is valued cheaper than 91.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.19 | ||
| EV/EBITDA | 12.84 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PLXS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)4.15
PEG (5Y)1.48
EPS Next 2Y5.79%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for PLXS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
141.08
+1.61 (+1.15%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners99.91%
Inst Owner Change-0.65%
Ins Owners1.41%
Ins Owner Change-4.38%
Market Cap3.81B
Revenue(TTM)4.03B
Net Income(TTM)162.68M
Analysts78.46
Price Target162.18 (14.96%)
Short Float %3.45%
Short Ratio5.03
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)0.19%
EPS NQ rev (3m)-0.17%
EPS NY rev (1m)0.64%
EPS NY rev (3m)0.23%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.61%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.99 | ||
| Fwd PE | 18.16 | ||
| P/S | 0.95 | ||
| P/FCF | 15.19 | ||
| P/OCF | 11.29 | ||
| P/B | 2.68 | ||
| P/tB | 2.68 | ||
| EV/EBITDA | 12.84 |
EPS(TTM)7.43
EY5.27%
EPS(NY)7.77
Fwd EY5.51%
FCF(TTM)9.28
FCFY6.58%
OCF(TTM)12.5
OCFY8.86%
SpS149.14
BVpS52.58
TBVpS52.58
PEG (NY)4.15
PEG (5Y)1.48
Graham Number93.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.24% | ||
| ROE | 11.46% | ||
| ROCE | 13.08% | ||
| ROIC | 11.66% | ||
| ROICexc | 13.7% | ||
| ROICexgc | 13.7% | ||
| OM | 5.16% | ||
| PM (TTM) | 4.04% | ||
| GM | 10.18% | ||
| FCFM | 6.23% |
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 Turnover1.3
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 | 4.07 |
F-Score8
WACC9.45%
ROIC/WACC1.23
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)51.02%
EPS 3Y14.57%
EPS 5Y12.79%
EPS Q2Q%15.68%
EPS Next Y4.58%
EPS Next 2Y5.79%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.82%
Revenue growth 3Y1.9%
Revenue growth 5Y3.53%
Sales Q2Q%0.74%
Revenue Next Year8.27%
Revenue Next 2Y6.8%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y10.87%
EBIT growth 3Y4.74%
EBIT growth 5Y5.37%
EBIT Next Year47.06%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y17.6%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y10.18%
OCF growth 3YN/A
OCF growth 5YN/A
PLEXUS CORP / PLXS FAQ
What is the ChartMill fundamental rating of PLEXUS CORP (PLXS) stock?
ChartMill assigns a fundamental rating of 6 / 10 to PLXS.
What is the valuation status of PLEXUS CORP (PLXS) stock?
ChartMill assigns a valuation rating of 5 / 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.
Can you provide the expected EPS growth for PLXS stock?
The Earnings per Share (EPS) of PLEXUS CORP (PLXS) is expected to grow by 4.58% in the next year.