Plexus
Market Cap
US$1.9b
Last Updated
2019/10/23 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.
Snowflake
Fundamentals
Excellent balance sheet and slightly overvalued.
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
Market Performance
7 Day Return
3.7%
PLXS
2.4%
US Electronic
0.07%
US Market
1 Year Return
20.8%
PLXS
16.3%
US Electronic
8.9%
US Market
Return vs Industry: PLXS matched the US Electronic industry which returned 16.3% over the past year.
Return vs Market: PLXS exceeded the US Market which returned 8.9% over the past year.
Shareholder returns
| PLXS | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.7% | 2.4% | 0.07% |
| 30 Day | 5.9% | 3.7% | -0.3% |
| 90 Day | 14.7% | 2.3% | -1.6% |
| 1 Year | 20.8%20.8% | 17.5%16.3% | 11.3%8.9% |
| 3 Year | 45.5%45.5% | 55.8%51.4% | 46.3%36.8% |
| 5 Year | 64.2%64.2% | 83.7%74.7% | 62.1%44.3% |
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
1 day ago | Simply Wall St
A Look At The Intrinsic Value Of Plexus Corp. (NASDAQ:PLXS)2 weeks ago | Simply Wall St
One Thing To Remember About The Plexus Corp. (NASDAQ:PLXS) Share Price3 weeks ago | Simply Wall St
Introducing Plexus (NASDAQ:PLXS), A Stock That Climbed 75% In The Last Five YearsValuation
Is Plexus undervalued compared to its fair value and its price relative to the market?
14.12x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PLXS ($65.83) is trading above our estimate of fair value ($59.25)
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 (14.1x) compared to the Electronic industry average (19.6x).
PE vs Market: PLXS is good value based on its PE Ratio (14.1x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: PLXS is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: PLXS is overvalued based on its PB Ratio (2.3x) compared to the US Electronic industry average (2x).
Next Steps
Future Growth
How is Plexus forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
8.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PLXS's forecast earnings growth (8.4% per year) is above the savings rate (2.7%).
Earnings vs Market: PLXS's earnings (8.4% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: PLXS's earnings are forecast to grow, but not significantly.
Revenue vs Market: PLXS's revenue (7.3% per year) is forecast to grow faster than the US market (7.2% per year).
High Growth Revenue: PLXS's revenue (7.3% 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?
-4.7%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: PLXS's earnings have declined by -4.7% per year over the past 5 years.
Accelerating Growth: PLXS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PLXS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (58.6%).
Return on Equity
High ROE: PLXS's Return on Equity (16.8%) is considered low.
Return on Assets
ROA vs Industry: PLXS has a higher Return on Assets than the Electronic industry average last year.
Return on Capital Employed
ROCE Improving: PLXS has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Plexus's financial position?
Financial Position Analysis
Short Term Liabilities: PLXS's short term assets ($1.6B) exceeds its short term liabilities ($875.6M)
Long Term Liabilities: PLXS's short term assets (1.6B) exceeds its long term liabilities (279.8M)
Debt to Equity History and Analysis
Debt Level: PLXS's debt to equity ratio (32.9%) is considered satisfactory
Reducing Debt: PLXS's debt to equity ratio has reduced from 34.6% to 32.9% over the past 5 years.
Debt Coverage: PLXS's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: PLXS's interest payments on its debt are well covered by EBIT (15.6x coverage).
Balance Sheet
Inventory Level: PLXS has a high level of physical assets or inventory.
Debt Coverage by Assets: PLXS's debt is covered by short term assets (assets are 5.5x debt).
Next Steps
Dividend
What is Plexus's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate PLXS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PLXS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
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
What is the CEO of Plexus's salary, the management and board of directors tenure and is there insider trading?
5.4yrs
Average management tenure
CEO
Todd Kelsey (54yo)
3.1yrs
Tenure
US$6,673,723
Compensation
Mr. Todd P. Kelsey has been the Chief Executive Officer and President of Plexus Corp. since September 30, 2016. Mr. Kelsey served as Chief Operating Officer and Executive Vice President at Plexus Corp. sin ...
CEO Compensation Analysis
Compensation vs. Market: Todd's total compensation ($USD6.67M) is about average for companies of similar size in the US market ($USD4.07M).
Compensation vs Earnings: Todd's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.4yrs
Average Tenure
53yo
Average Age
Experienced Management: PLXS's management team is seasoned and experienced (5.4 years average tenure).
Board Age and Tenure
6.7yrs
Average Tenure
61.5yo
Average Age
Experienced Board: PLXS's board of directors are considered experienced (6.7 years average tenure).
Insider Trading
Insider Buying: PLXS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 1,503 |
| Max Price | US$57.42 |
| Entity | Individual |
| Role | Chief Operating Officer Executive VP & COO |
| Shares | 4,161 |
| Max Price | US$58.37 |
| Entity | Individual |
| Role | Senior Key Executive Executive VP & Regional President of EMEA |
| Shares | 4,045 |
| Max Price | US$57.09 |
| Entity | Individual |
| Role | Chief Financial Officer Executive VP & CFO |
| Shares | 1,451 |
| Max Price | US$60.08 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 4,232 |
| Max Price | US$59.85 |
| Entity | Individual |
| Role | Senior Key Executive Executive VP & Regional President of EMEA |
| Shares | 4,325 |
| Max Price | US$61.24 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 3,943 |
| Max Price | US$60.79 |
| Entity | Individual |
| Role | Senior Key Executive Executive VP & Regional President of EMEA |
| Shares | 3,454 |
| Max Price | US$56.44 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 3,000 |
| Max Price | US$59.58 |
Ownership Breakdown
Management Team
Angelo Ninivaggi (52yo)
Executive VP
- Tenure: 6.2yrs
- Compensation: US$1.91m
Todd Kelsey (54yo)
President
- Tenure: 3.1yrs
- Compensation: US$6.67m
YJ Lim (59yo)
Regional President of APAC
- Tenure: 12.2yrs
- Compensation: US$1.80m
Steve Frisch (53yo)
Executive VP & COO
- Tenure: 3yrs
- Compensation: US$2.79m
Ronnie Darroch (54yo)
Executive VP & Regional President of EMEA
- Tenure: 5.7yrs
- Compensation: US$1.80m
Pat Jermain (53yo)
Executive VP & CFO
- Tenure: 5.4yrs
- Compensation: US$2.29m
Oliver Mihm (47yo)
Executive Vice President - Global Supply Chain
- Tenure: 4.3yrs
Steve Gearhart
Chief Information Officer
- Tenure: 9.8yrs
Mike Running
Senior Vice President of Global Engineering Solutions & Aftermarket Services
- Tenure: 3yrs
Heather Beresford
Senior Director of Communications & Investor Relations
- Tenure: 0yrs
Board Members
Dean Foate (61yo)
Non Executive Chairman
- Tenure: 6.7yrs
- Compensation: US$385.49k
Paul Rooke (60yo)
Independent Director
- Tenure: 2.6yrs
- Compensation: US$204.69k
Dave Drury (71yo)
Independent Director
- Tenure: 21.8yrs
- Compensation: US$222.44k
Stephen Cortinovis (69yo)
Independent Director
- Tenure: 16.8yrs
- Compensation: US$207.19k
Ralf Böer (71yo)
Independent Director
- Tenure: 15.1yrs
- Compensation: US$215.69k
Mike Schrock (66yo)
Lead Director
- Tenure: 6.7yrs
- Compensation: US$228.44k
Peter Kelly (62yo)
Independent Director
- Tenure: 14.4yrs
- Compensation: US$215.44k
Rainer Jueckstock (60yo)
Independent Director
- Tenure: 6.8yrs
- Compensation: US$210.94k
Todd Kelsey (54yo)
President
- Tenure: 3.1yrs
- Compensation: US$6.67m
Jo Eisenhart (60yo)
Independent Director
- Tenure: 4.7yrs
- Compensation: US$204.69k
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$1.928b
- Shares outstanding: 29.28m
- Website: https://www.plexus.com
Number of Employees
Location
- Plexus Corp.
- One Plexus Way
- Neenah
- Wisconsin
- 54957
- 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 | 2019/10/23 23:39 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/06/29 |
| Annual Earnings | 2018/09/29 |
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.