Plexus
Market Cap
US$2.4b
Last Updated
2021/01/15 23:39 UTC
Data Sources
Company Financials +
Executive Summary
Plexus Corp., together with its subsidiaries, provides electronic manufacturing services in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with proven track record.
Similar Companies
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: PLXS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PLXS's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-0.2%
PLXS
-0.9%
US Electronic
-0.9%
US Market
1 Year Return
7.5%
PLXS
24.1%
US Electronic
19.6%
US Market
Return vs Industry: PLXS underperformed the US Electronic industry which returned 25.7% over the past year.
Return vs Market: PLXS underperformed the US Market which returned 21% over the past year.
Shareholder returns
| PLXS | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.2% | -0.9% | -0.9% |
| 30 Day | 7.1% | 8.3% | 3.0% |
| 90 Day | 18.4% | 23.2% | 11.5% |
| 1 Year | 7.5%7.5% | 27.1%24.1% | 22.3%19.6% |
| 3 Year | 40.3%40.3% | 38.5%32.6% | 45.3%35.7% |
| 5 Year | 146.5%146.5% | 173.3%155.8% | 124.8%99.9% |
Long-Term 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
4 days ago | Simply Wall St
How Much is Plexus' (NASDAQ:PLXS) CEO Getting Paid?2 weeks ago | Simply Wall St
Returns On Capital At Plexus (NASDAQ:PLXS) Paint An Interesting Picture3 weeks ago | Simply Wall St
If You Had Bought Plexus (NASDAQ:PLXS) Shares Five Years Ago You'd Have Earned 121% ReturnsValuation
Is Plexus undervalued compared to its fair value and its price relative to the market?
21.11x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PLXS ($84.94) is trading above our estimate of fair value ($77.72)
Significantly Below Fair Value: PLXS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PLXS is good value based on its PE Ratio (21.1x) compared to the US Electronic industry average (28.2x).
PE vs Market: PLXS is good value based on its PE Ratio (21.1x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: PLXS is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: PLXS is good value based on its PB Ratio (2.5x) compared to the US Electronic industry average (2.8x).
Next Steps
Future Growth
How is Plexus forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
9.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PLXS's forecast earnings growth (9.8% per year) is above the savings rate (2%).
Earnings vs Market: PLXS's earnings (9.8% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: PLXS's earnings are forecast to grow, but not significantly.
Revenue vs Market: PLXS's revenue (5.3% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: PLXS's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PLXS's Return on Equity is forecast to be low in 3 years time (12.6%).
Next Steps
Past Performance
How has Plexus performed over the past 5 years?
8.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PLXS has high quality earnings.
Growing Profit Margin: PLXS's current net profit margins (3.5%) are higher than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: PLXS's earnings have grown by 8.6% per year over the past 5 years.
Accelerating Growth: PLXS's earnings growth over the past year (7.6%) is below its 5-year average (8.6% per year).
Earnings vs Industry: PLXS earnings growth over the past year (7.6%) exceeded the Electronic industry -9.3%.
Return on Equity
High ROE: PLXS's Return on Equity (12%) is considered low.
Next Steps
Financial Health
How is Plexus's financial position?
Financial Position Analysis
Short Term Liabilities: PLXS's short term assets ($1.8B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: PLXS's short term assets ($1.8B) exceed its long term liabilities ($308.9M).
Debt to Equity History and Analysis
Debt Level: PLXS's debt to equity ratio (30.2%) is considered satisfactory.
Reducing Debt: PLXS's debt to equity ratio has reduced from 30.6% to 30.2% over the past 5 years.
Debt Coverage: PLXS's debt is well covered by operating cash flow (71.3%).
Interest Coverage: PLXS's interest payments on its debt are well covered by EBIT (11.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Plexus's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PLXS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PLXS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PLXS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PLXS'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 PLXS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Todd Kelsey (55 yo)
4.33yrs
Tenure
US$8,202,523
Compensation
Mr. Todd P. Kelsey has been the Chief Executive Officer and President of Plexus Corporation since September 30, 2016. Mr. Kelsey served as Chief Operating Officer and Executive Vice President at Plexus Cor...
CEO Compensation Analysis
Compensation vs Market: Todd's total compensation ($USD8.20M) is above average for companies of similar size in the US market ($USD4.98M).
Compensation vs Earnings: Todd's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.33yrs | US$8.20m | 0.49% $ 12.1m | |
| Executive VP & CFO | 6.67yrs | US$2.55m | 0.16% $ 3.9m | |
| Executive VP & COO | 4.25yrs | US$3.31m | 0.19% $ 4.7m | |
| Executive VP | 7.42yrs | US$2.09m | 0.090% $ 2.2m | |
| Executive VP & Regional President of EMEA | 6.92yrs | US$2.26m | 0.026% $ 625.3k | |
| Chief Information Officer | 1yr | no data | no data | |
| Senior Director of Communications & Investor Relations | no data | no data | no data | |
| Regional President of APAC | 13.42yrs | US$1.80m | 0.22% $ 5.3m | |
| Executive Vice President - Global Supply Chain | 5.5yrs | no data | no data | |
| Senior Vice President of Global Engineering Solutions & Aftermarket Services | 4.25yrs | no data | no data | |
| Regional President of AMER | 4.25yrs | no data | 0.018% $ 442.9k | |
| Senior Vice President of Global Customer Solutions | 4.25yrs | no data | no data |
4.3yrs
Average Tenure
54.5yo
Average Age
Experienced Management: PLXS's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.33yrs | US$8.20m | 0.49% $ 12.1m | |
| Non-Executive Chairman | 7.92yrs | US$433.88k | 0.39% $ 9.6m | |
| Independent Director | 3.83yrs | US$250.06k | 0.016% $ 392.2k | |
| Independent Director | 23yrs | US$261.56k | 0.048% $ 1.2m | |
| Independent Director | 18yrs | US$250.81k | 0.093% $ 2.3m | |
| Independent Director | 16.33yrs | US$255.06k | 0.11% $ 2.7m | |
| Independent Lead Director | 7.92yrs | US$273.31k | 0.13% $ 3.2m | |
| Independent Director | 15.67yrs | US$256.18k | 0.11% $ 2.7m | |
| Independent Director | 8yrs | US$258.06k | 0.064% $ 1.6m | |
| Independent Director | 5.92yrs | US$252.18k | 0.036% $ 877.5k | |
| Independent Director | 2.83yrs | US$255.81k | 0.0089% $ 217.7k | |
| Independent Director | 0.75yr | US$32.50k | no data |
7.9yrs
Average Tenure
61.5yo
Average Age
Experienced Board: PLXS's board of directors are considered experienced (7.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PLXS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Plexus Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Plexus Corp.
- Ticker: PLXS
- Exchange: NasdaqGS
- Founded: 1979
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: US$2.448b
- Shares outstanding: 28.82m
- Website: https://www.plexus.com
Number of Employees
Location
- Plexus Corp.
- One Plexus Way
- PO Box 156
- Neenah
- Wisconsin
- 54956
- United States
Listings
| 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 |
Biography
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 cha...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/15 23:39 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/10/03 |
| Annual Earnings | 2020/10/03 |
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.