0.54%
-7.91%
-0.00%
12.43%
52.13%
85.89%
102.61%

Company Description

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 to companies in the healthcare/life sciences, industrial/commercial, aerospace/defense, and communications market sectors.Plexus Corp.


was founded in 1979 and is headquartered in Neenah, Wisconsin.

Market Data

Last Price 144.1
Change Percentage 0.54%
Open 143.96
Previous Close 143.33
Market Cap ( Millions) 3903
Volume 31303
Year High 172.89
Year Low 90.18
M A 50 160.83
M A 200 130.14

Financial Ratios

FCF Yield 9.56%
Dividend Yield 0.00%
ROE 9.27%
Debt / Equity 18.64%
Net Debt / EBIDTA -31.56%
Price To Book 2.96
Price Earnings Ratio 32.56
Price To FCF 10.46
Price To sales 0.99
EV / EBITDA 16.96

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Healthcare/Life Sciences

Expected Growth : 12 %

What the company do ?

Plexus Corp's Healthcare/Life Sciences segment provides engineering, manufacturing, and aftermarket services for medical devices, diagnostic equipment, and pharmaceutical companies.

Why we expect these perspectives ?

Plexus Corp's 12% growth in Healthcare/Life Sciences is driven by increasing demand for medical devices, rising healthcare expenditure, and an aging population. Additionally, advancements in medical technology, outsourcing trends, and growing need for miniaturization and precision engineering in medical devices are contributing to this growth.

Segment nΒ°2 -> Industrial

Expected Growth : 8 %

What the company do ?

Industrial from Plexus Corp. refers to the design, manufacturing, and services for industrial control systems, IoT devices, and other industrial automation solutions.

Why we expect these perspectives ?

Plexus Corp's Industrial segment growth is driven by increasing demand for industrial automation, IoT, and Industry 4.0 solutions. The company's expertise in design, manufacturing, and supply chain management enables it to capitalize on the trend towards smart manufacturing. Additionally, growth in electric vehicle charging infrastructure and renewable energy systems also contributes to the segment's growth.

Segment nΒ°3 -> Aerospace/Defense

Expected Growth : 11 %

What the company do ?

Plexus Corp.'s Aerospace/Defense segment provides electronic manufacturing services to original equipment manufacturers in the aerospace and defense industries.

Why we expect these perspectives ?

Plexus Corp's 11% growth in Aerospace/Defense is driven by increasing demand for advanced electronics in military and commercial aircraft, growing adoption of autonomous systems, and rising investments in space exploration. Additionally, the company's expertise in complex manufacturing and supply chain management enables it to capitalize on the trend towards outsourcing in the industry.

Plexus Corp. Products

Product Range What is it ?
Micro-Electromechanical Systems (MEMS) Plexus Corp. designs and manufactures MEMS-based products, including microphones, accelerometers, and gyroscopes, used in various applications such as smartphones, gaming controllers, and industrial equipment.
Internet of Things (IoT) Devices Plexus Corp. provides design, manufacturing, and testing services for IoT devices, including smart home devices, wearables, and industrial sensors.
Industrial Automation Solutions Plexus Corp. offers design, manufacturing, and testing services for industrial automation solutions, including robotics, machine vision, and industrial networking.
Medical Devices Plexus Corp. designs and manufactures medical devices, including patient monitoring systems, diagnostic equipment, and implantable devices.
Aerospace and Defense Solutions Plexus Corp. provides design, manufacturing, and testing services for aerospace and defense applications, including communication systems, navigation systems, and electronic warfare systems.
Data Center and Storage Solutions Plexus Corp. designs and manufactures data center and storage solutions, including servers, storage systems, and networking equipment.
Industrial and Commercial Buildings Automation Plexus Corp. offers design, manufacturing, and testing services for industrial and commercial building automation systems, including HVAC, lighting, and security systems.

Plexus Corp.'s Porter Forces

Plexus Corp. operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the evolving nature of the industry.

Plexus Corp. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's products are often customized, making it difficult for customers to switch suppliers.

Plexus Corp. relies on a few key suppliers for critical components, which gives them some bargaining power. However, the company's size and scale of operations mitigate this risk to some extent.

The barriers to entry in the electronics manufacturing services industry are relatively high, making it difficult for new entrants to compete with established players like Plexus Corp.

The electronics manufacturing services industry is highly competitive, with several established players competing for market share. Plexus Corp. must continually innovate and improve its operations to remain competitive.

Capital Structure

Value
Debt Weight 27.89%
Debt Cost 7.78%
Equity Weight 72.11%
Equity Cost 8.92%
WACC 8.60%
Leverage 38.67%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
TDY Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets in the United States, Canada, the United Kingdom, Belgium, the Netherlands, and internationally. The company's Instrumentation segment offers monitoring and …
LFUS Littelfuse, Inc. manufactures and sells circuit protection, power control, and sensing products in the Asia-Pacific, the Americas, and Europe. The company's Electronics segment offers fuses and fuse accessories, positive temperature …
SANM Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. The company …
VNT Vontier Corporation engages in the research and development, manufacture, sale, and distribution of technical equipment, components, software, and services for manufacturing, repairing, and servicing in the mobility infrastructure industry worldwide. …
ESE ESCO Technologies Inc. produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through Aerospace & Defense, Utility Solutions Group, and RF Shielding and Test …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
144.1$
Current Price
144.1$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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