Plexus Corporation provides product design,supply chain and materials management, manufacturing, test, fulfillment and aftermarket solutions to branded product companies in the Wireline/Networking, Wireless Infrastructure,Medical, Industrial/Commercial and Defense/Security/Aerospace market sectors. The company was founded in 1979 and is based in Neenah, Wisconsin.
PLXS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for PLXS, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Plexus Corp ranked in the 67th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Plexus Corp ended up being:
Its compound free cash flow growth rate, as measured over the past 5.48 years, is 0.34% -- higher than 74.81% of stocks in our DCF forecasting set.
Plexus Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 8.24. This coverage rate is greater than that of 72.83% of stocks we're observing for the purpose of forecasting via discounted cash flows.
The weighted average cost of capital for the company is 8. This value is greater than just 18.63% stocks in the Technology sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Plexus Corp? See NCR, SQ, CCIHY, PRTS, and ERIC.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
DEER PARK, Ill., June 24, 2020 /PRNewswire/ -- The Plexus Groupe, a rapidly growing, privately held broker, announces its acquisition of Artisan Insurance Group (AIG) of Brandon, Florida. This is the second agency acquisition in Florida for Plexus who acquired Community Insurance Group,…
DEER PARK, Ill., June 23, 2020 /PRNewswire/ -- The Plexus Groupe, a rapidly growing, privately held broker, announces its acquisition of Community Insurance Group (CIG) of Brandon, Florida. This is the first entrance into the Florida market for Plexus which has locations in Atlanta,…
DUBLIN, June 18, 2020 /PRNewswire/ -- The "Global Electronic Manufacturing Services Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering. The global electronics manufacturing services market is estimated at US$165.354 billion for the year 2019…