Provides electronic manufacturing services (EMS) to various industries. Offers design and development services for electronic products. Now — the numbers.
That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.
This is an established company with proven profits.
No real growth (5% a year).
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Profit indicators sit around the sector average.
The cash pile is strong; debt and other items pull the grade toward the middle.
Clearly below the class average.
There is growth, but not at top-of-the-class tempo.
The stock has been running stronger than the market lately.
Valuation: The stock trades at a price that looks expensive next to its earnings; that can cap future returns.
The stock trades 16% below its peak. The market has trimmed its expectations for the company.
There is $306.8M in the vault; even if every debt were paid off, $131.3M would remain.
It met or beat analyst expectations in 8 of the last 8 quarters — consistency is a promise kept.
The company’s market value is 40 times its annual profit. Even a small disappointment could hit the price hard.
Today’s price already includes part of tomorrow’s optimism. Report-card grade: 48/100.
No clear buy-side message is coming from the executive floor.
On our five-subject report card, PLXS sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: PLXS is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.
Analysts’ average target sits above today’s price, yet the valuation grade (48/100) says the stock isn’t cheap.