Plexus Corp.
Rank #441Capital ReturnPLXS · Nasdaq · Technology
Plexus Corp. (PLXS) — Rank #441 by gross profitability (GP/assets 0.11) · ROE 11.3% · Piotroski F-Score N/A.
As-of 2026-09-15 · CIK 0000785786 · all metrics point-in-time as of the filing date.
About
Plexus Corp. provides electronic manufacturing services in the United States, the Asia-Pacific, Europe, the Middle East, and Africa.
Show moreShow less
The company offers design, develop, supply chain, new product introduction, and manufacturing solutions, as well as sustaining services. It serves the aerospace/defense, healthcare/life sciences, and industrial/commercial sectors. Plexus Corp.
was founded in 1979 and is headquartered in Neenah, Wisconsin.
- Industry
- Electronic Components
- Sector
- Technology
- State
- WI
- Filer Category
- Large accelerated filer
- Fiscal Year End
- October 3
- Website
- plexus.com
Price History
Company Snapshot
P/E and reverse DCF are the primary valuation lenses at this stage.
Market Cap
$6.33B
P/E (annual)
37.9
P/S (annual)
1.6
P/B
4.1
P/OCF (annual)
25.4
Shareholder Yield
20.9%
Employees
20,000
Industry
Electronic Components
Exchange
Nasdaq
Signal Flags
Quality Profile
Profitability
Safety
1/1 passCash Flow
2/3 passGrowth
1/2 passTerry Smith quality gate
Passes 1/5 Terry Smith thresholdsWhat Growth Is Priced In
Implied revenue growth (10Y)
18.0%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Buyback tailwind: -20.9% — per-share value needs a total required return of -2.9% once share-count change is priced in.
vs. own 6-year median revenue growth: -33.1%
Cost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
13.1%
r = 10% (base)
18.0%
r = 12%
22.2%
Net debt / market cap: -4.8%
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / E
Price / diluted EPS
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
FCF yield, shareholder yield, and buyback activity are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.11
Primary signal (Novy-Marx).
5th pctl of 43 SIC 36 peers
Return on equity
11.3%
Gross margin
10.1%
2nd pctl of 43 SIC 36 peers
Revenue growth (YoY)
-3993.1%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2013 | 2014 | 2020 | 2021 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
—
Revenue CAGR (5Y)
2.9%
Earnings CAGR (3Y)
7.7%
FCF CAGR (3Y)
—
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
1.38
12th pctl of 41 SIC 36 peers (best = lowest)
Current ratio
1.49×
5th pctl of 43 SIC 36 peers
Quick ratio
0.57×
Net cash
$314.05M
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$153.97M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
-0.11
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
0.8%
Stock-based comp intensity.
Piotroski F-Score
F-Score
N/A
Only 7/9 components determinable.