Plexus Corp. PLXS
Electrical Products · data as of November 13, 2026
Plexus Corp. (PLXS) is a technology company listed in the US with a market value of about $5.6B. In the twelve months to September 30, 2026 it had revenue of $5.0B and net income of $202M, a net margin of 4.1%.
Its overall Stock Analiz score is 1.4 out of 5 (weak). The strongest part is financial health (3/5); the weakest is value (0/5).
Key numbers: a P/E of 28.1, 5-year revenue growth of 3% a year, a 5-year average ROIC of 11%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 49% below the current price.
Score: 1.4 / 5
Checks passed
- Profit margin improving
- Profitable 5 years in a row
- More cash than debt, or low debt to equity
- Interest covered more than 5 times
- Liabilities below 60% of assets
- Share count down over 3 years (buybacks)
- Stock-based pay below 5% of revenue
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.0B | $4.0B | $4.0B | $4.2B | $3.9B | $3.5B | $3.5B | $3.3B | $2.9B | $2.5B | $2.6B |
| Net income | $202M | $173M | $112M | $139M | $138M | $139M | $117M | $109M | $13M | $112M | $76M |
| Free cash flow | -$29M | $154M | $341M | $62M | -$128M | $85M | $160M | $25M | $4M | $133M | $97M |
| EPS (diluted) | $7.41 | $6.26 | $4.01 | $4.95 | $4.86 | $4.76 | $3.93 | $3.50 | $0.38 | $3.24 | $2.24 |
| Net margin | 4.1% | 4.3% | 2.8% | 3.3% | 3.5% | 4.0% | 3.4% | 3.3% | 0.4% | 4.4% | 3.0% |
| ROIC | — | 11.8% | 9.2% | 10.3% | 10.0% | 11.9% | 10.2% | 10.6% | 8.4% | 8.9% | 7.4% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 5 analysts is $307.80, 48% above the current price; targets range from $275.00 to $330.00; the consensus rating is “Strong buy”; expected EPS is $10.75 for the fiscal year ending September 30, 2027.
Frequently asked questions
What is Plexus’s P/E ratio?
About 28.1, based on the last twelve months of diluted earnings per share (forward P/E about 18.3).
Is Plexus stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 49% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Plexus pay a dividend?
Not currently.
Is Plexus a good stock to buy?
We do not give buy or sell advice. Plexus scores 1.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.