Plexus Corp (PLXS) stock analysis

P/E above its 5-year median

Plexus's P/E of 31.3 is above its own 5-year median of 23.4.

P/E below the industry

Plexus's P/E of 31.3 is below the Electronic Components and Accessories median of 34.8.

EV/EBITDA above its 5-year median

Plexus's EV/EBITDA of 17.4 is above its 5-year median of 11.3.

P/B above the industry

Plexus's price-to-book of 3.69 is above the Electronic Components and Accessories median of 3.49.

Trading above fair value

The share price of $211.92 is above our fair value estimate of $178.16.

Margin of safety under 20%

The price is 19.0% above fair value, so there is no margin of safety.

Revenue growing under 10% a year

Revenue grew 0.9% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew 8.8% a year over the last three fiscal years.

Earnings growth accelerating

Net income grew 14.0% over the last twelve months, against a 5-year average of 8.0% a year.

Growing slower than the industry

Revenue grew 1.8% over the last twelve months; the Electronic Components and Accessories median is 17.3%.

Guidance raised

Plexus raised its fiscal 2026 revenue growth outlook on Jul 29, 2026.

Gross margin improving

Gross margin was 11.4% over the last twelve months, against 10.3% a year earlier.

Return on equity under 15%

Return on equity was 12.6% over the last twelve months and averaged 12.0% over five years; we look for 15% on both.

Return on capital over 10%

Return on invested capital was 16.6%, above the 10% that usually covers the cost of capital.

Return on equity above the industry

Plexus's return on equity of 12.6% is above the Electronic Components and Accessories median of 4.8%.

Earnings grew over 5 years

Net income grew 8.0% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 4.6% over the last twelve months, against a 5-year average of 3.6%.

Net margin above the industry

Plexus's net margin of 4.6% is above the Electronic Components and Accessories median of 2.9%.

Debt level

Needs debt and equity figures.

Debt trend

Needs a balance sheet from five years ago with positive equity.

Debt coverage

Needs operating cash flow.

Interest well covered

Operating income covers interest expense 18.0 times.

Short-term assets cover short-term debts

Current assets are 1.49 times current liabilities.

Low bankruptcy risk

The Altman Z-score is 4.06; above 3 is the safe zone and below 1.8 the distress zone.

No dividend

Plexus has not paid a dividend in the last twelve months.

Yield against Treasuries

No dividend.

Yield against the market

No dividend.

Dividend stability

No dividend.

Earnings cover

No dividend.

Cash-flow cover

No dividend.