Stock fact sheet · data as of
Plexus Corp. (PLXS): fair value, margin of safety and Wheel Score
Technology · Hardware, Equipment & Parts · United States · Blend
Is PLXS undervalued?
At 245.72 (close of 16 Oct 2026), PLXS trades 67% over the GLS average fair value of 146.78, with 1 of 8 models above the price. The stock earns none of the Wheel Score's Value points at this price. That is a statement about price against trailing fundamentals, not about the company's prospects - the Wall Street View and the Growth tab on the Quote page carry the forward numbers.
There is a wide gap between EPV (77.03) and GLS Growth (424.42). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files PLXS under Blend.
Nine valuation models for PLXS
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 84.88 | -65% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 94.43 | -62% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 223.94 | -9% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 85.05 | -65% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 424.42 | +73% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 92.89 | -62% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 91.60 | -63% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 77.03 | -69% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 26.87 | -89% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 303.75 | +24% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Plexus Corp. scores 6 of 9 on the Piotroski F-score: a middling result that passes the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. On durability PLXS scores 6.3/10 on the GLS Moat - a middle reading; the Scorecard on the Quote page's Financials tab shows which ten-year lines are steady and which are not.
Returns on capital are moderate - ROIC 10.6%, ROE 11.9%, ROA 5.5% - with debt at 0.12 times equity and a free-cash-flow yield of 0.9%.
Plexus Corp. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Asia-Pacific 59%, Americas 33%, EMEA 8% (quarter Q3 FY2026).
Institutional ownership scores 10/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 10.6% |
|---|---|---|---|
| GLS Moat | 6.3 / 10 | ROE | 11.9% |
| Debt / equity | 0.12 | ROA | 5.5% |
| Free-cash-flow yield | 0.9% | Payout ratio | 0% |
| Institutions | 10 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 57: Fair
A Wheel Score of 57 puts Plexus Corp. in the Fair band - below the 70 the Sunday Scan requires. Value 0/25, Health 13/20, Moat 9/15, Premium 20/20 and Stability 14/20; the weakest part is Value (0/25).
Implied volatility is 50% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is 2,313 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 264k shares a day on a market cap of $6.5B, with a beta of 0.89; the Stability part of the Wheel Score gives that 14 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 0 / 25 | -67% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 9 / 15 | moat 6.3/10 | |
| Premium | 20 / 20 | implied volatility 50% | |
| Stability | 14 / 20 | 264k shares/day, $6.5B cap, beta 0.89 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
Plexus Corp. reports earnings on 28 Oct 2026 (after the close) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Hardware, Equipment & Parts
The 12 companies below are the closest to Plexus Corp. by market cap within the Hardware, Equipment & Parts industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| ESE ESCO Technologies Inc. | 252.67 | 251.84 | -0% | 70Good | $6.5B |
| ST Sensata Technologies Holding plc | 41.17 | 21.46 | -92% | 61Fair | $6.0B |
| RAL Ralliant Corp | 69.89 | 21.73 | -222% | 45Weak | $7.7B |
| NOVT Novanta Inc. | 134.80 | 40.10 | -236% | 57Fair | $5.1B |
| CGNX Cognex Corporation | 55.67 | 17.47 | -219% | 63Fair | $9.4B |
| VNT Vontier Corporation | 32.42 | 42.53 | +24% | 88Prime | $4.4B |
| LFUS Littelfuse, Inc. | 391.83 | 187.21 | -109% | 45Weak | $10.0B |
| AEIS Advanced Energy Industries, Inc. | 252.08 | 91.93 | -174% | 55Fair | $10.1B |
| SANM Sanmina Corporation | 194.32 | 152.67 | -27% | 53Fair | $10.4B |
| TTMI TTM Technologies, Inc. | 103.31 | 53.19 | -94% | 51Fair | $10.9B |
| VICR Vicor Corporation | 245.35 | 74.68 | -229% | 44Weak | $11.3B |
| ITRI Itron, Inc. | 84.77 | 173.07 | +51% | 87Prime | $3.7B |
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Start free See the Sunday ScanQuestions about PLXS
Is PLXS undervalued right now?
No: at 245.72 the stock trades 67% above the GLS average fair value of 146.78 (data as of 16 Oct 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of PLXS and what does it mean?
PLXS scores 57 out of 100 (Fair). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for PLXS?
146.78 per share as of 16 Oct 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Plexus Corp. report earnings next?
The next earnings report is due on 28 Oct 2026 (after the close), 12 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does PLXS have listed options, and how liquid are they?
Yes. The nightly snapshot found 360 listed contracts with 2,313 open interest across all expiries and implied volatility of 50% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.