Plexus Corp., together with its subsidiaries, provides electronic manufacturing services in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
Flawless balance sheet and undervalued.
Share Price & News
How has Plexus's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PX4's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PX4 exceeded the German Electronic industry which returned -27.8% over the past year.
Return vs Market: PX4 exceeded the German Market which returned -20.4% over the past year.
Price Volatility Vs. Market
How volatile is Plexus's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Plexus undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PX4 (€47) is trading below our estimate of fair value (€71.79)
Significantly Below Fair Value: PX4 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PX4 is good value based on its PE Ratio (12.7x) compared to the Electronic industry average (18x).
PE vs Market: PX4 is good value based on its PE Ratio (12.7x) compared to the German market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: PX4 is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: PX4 is overvalued based on its PB Ratio (1.6x) compared to the DE Electronic industry average (1.2x).
How is Plexus forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PX4's forecast earnings growth (16.9% per year) is above the savings rate (-0.4%).
Earnings vs Market: PX4's earnings (16.9% per year) are forecast to grow faster than the German market (14.3% per year).
High Growth Earnings: PX4's earnings are forecast to grow, but not significantly.
Revenue vs Market: PX4's revenue (7.9% per year) is forecast to grow faster than the German market (4% per year).
High Growth Revenue: PX4's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PX4's Return on Equity is forecast to be low in 3 years time (13.5%).
How has Plexus performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PX4 has high quality earnings.
Growing Profit Margin: PX4's current net profit margins (3.6%) are lower than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: PX4's earnings have grown by 0.5% per year over the past 5 years.
Accelerating Growth: PX4's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PX4 had negative earnings growth (-12.8%) over the past year, making it difficult to compare to the Electronic industry average (-7.4%).
Return on Equity
High ROE: PX4's Return on Equity (12.9%) is considered low.
How is Plexus's financial position?
Financial Position Analysis
Short Term Liabilities: PX4's short term assets ($1.6B) exceed its short term liabilities ($889.9M).
Long Term Liabilities: PX4's short term assets ($1.6B) exceed its long term liabilities ($311.9M).
Debt to Equity History and Analysis
Debt Level: PX4's debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: PX4's debt to equity ratio has reduced from 32.6% to 23.7% over the past 5 years.
Debt Coverage: PX4's debt is well covered by operating cash flow (103.9%).
Interest Coverage: PX4's interest payments on its debt are well covered by EBIT (11.6x coverage).
Inventory Level: PX4 has a high level of physical assets or inventory.
Debt Coverage by Assets: PX4's debt is covered by short term assets (assets are 7.4x debt).
What is Plexus's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PX4's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PX4's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PX4's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PX4's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PX4's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Todd Kelsey (54yo)
Mr. Todd P. Kelsey has been the Chief Executive Officer and President of Plexus Corp. since September 30, 2016. Mr. Kelsey served as Chief Operating Officer and Executive Vice President at Plexus Corp. sin ...
CEO Compensation Analysis
Compensation vs Market: Todd's total compensation ($USD6.52M) is above average for companies of similar size in the German market ($USD1.96M).
Compensation vs Earnings: Todd's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||5.92yrs||US$2.20m||0.15% $2.2m|
|Executive VP & COO||3.5yrs||US$2.73m||0.16% $2.4m|
|Executive VP||6.67yrs||US$1.86m||0.15% $2.1m|
|Executive VP & Regional President of EMEA||6.17yrs||US$1.68m||0.032% $472.2k|
|Chief Information Officer||10.25yrs||no data||no data|
|Senior Director of Communications & Investor Relations||no data||no data||no data|
|Regional President of APAC||12.67yrs||US$1.80m||0.27% $3.9m|
|Executive Vice President - Global Supply Chain||4.75yrs||no data||0.056% $811.1k|
|Senior Vice President of Global Engineering Solutions & Aftermarket Services||3.5yrs||no data||no data|
Experienced Management: PX4's management team is seasoned and experienced (5.9 years average tenure).
|Non-Executive Chairman||7.17yrs||US$403.20k||0.65% $9.5m|
|Independent Director||3.08yrs||US$218.66k||0.016% $229.3k|
|Independent Director||22.25yrs||US$236.41k||0.054% $787.3k|
|Independent Director||17.25yrs||US$221.16k||0.10% $1.5m|
|Independent Director||15.58yrs||US$229.66k||0.11% $1.6m|
|Lead Director||7.17yrs||US$242.41k||0.11% $1.6m|
|Independent Director||14.92yrs||US$229.41k||0.11% $1.6m|
|Independent Director||7.25yrs||US$224.91k||0.063% $911.9k|
|Independent Director||5.17yrs||US$218.66k||0.035% $513.0k|
Experienced Board: PX4's board of directors are considered experienced (7.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Plexus Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Plexus Corp.
- Ticker: PX4
- Exchange: DB
- Founded: 1979
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: US$1.602b
- Listing Market Cap: US$1.457b
- Shares outstanding: 29.36m
- Website: https://www.plexus.com
Number of Employees
- Plexus Corp.
- One Plexus Way
- PO Box 156
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PLXS||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Feb 1986|
|PX4||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Feb 1986|
Plexus Corp., together with its subsidiaries, provides electronic manufacturing services in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It offers design and development, supply chain, new product introduction, and manufacturing solutions, as well as aftermarket services. The company provides its solutions to companies in the healthcare and life sciences, industrial and commercial, communications, and aerospace and defense sectors. Plexus Corp. was founded in 1979 and is headquartered in Neenah, Wisconsin.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 21:34|
|End of Day Share Price||2020/04/01 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.