Plexus Net Invested Capital vs Property Plant Equipment Analysis

PLXS Stock  USD 108.88  0.50  0.46%   
Plexus Corp financial indicator trend analysis is much more than just breaking down Plexus Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plexus Corp is a good investment. Please check the relationship between Plexus Corp Net Invested Capital and its Property Plant Equipment accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plexus Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Plexus Stock please use our How to Invest in Plexus Corp guide.

Net Invested Capital vs Property Plant Equipment

Net Invested Capital vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plexus Corp Net Invested Capital account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Plexus Corp's Net Invested Capital and Property Plant Equipment is 0.57. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Plexus Corp, assuming nothing else is changed. The correlation between historical values of Plexus Corp's Net Invested Capital and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Plexus Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Invested Capital i.e., Plexus Corp's Net Invested Capital and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Property Plant Equipment

Most indicators from Plexus Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plexus Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plexus Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Plexus Stock please use our How to Invest in Plexus Corp guide.Selling General Administrative is likely to gain to about 212.1 M in 2024. Tax Provision is likely to gain to about 27.6 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit347.2M394.6M453.7M476.4M
Total Revenue3.8B4.2B4.8B5.1B

Plexus Corp fundamental ratios Correlations

0.960.720.980.950.980.680.990.070.98-0.090.070.98-0.020.660.980.95-0.840.990.981.00.810.70.970.90.65
0.960.680.940.910.950.660.920.140.94-0.120.150.950.050.640.930.88-0.750.950.950.960.820.570.910.870.66
0.720.680.750.580.660.630.68-0.020.650.02-0.020.77-0.120.50.710.82-0.760.750.660.730.580.620.820.50.48
0.980.940.750.880.930.770.95-0.060.93-0.23-0.050.97-0.180.550.990.94-0.870.990.930.980.860.710.940.930.51
0.950.910.580.880.950.440.960.320.950.10.320.90.220.640.880.87-0.70.890.950.940.740.580.920.770.79
0.980.950.660.930.950.660.980.081.0-0.010.090.970.040.760.940.94-0.830.961.00.970.720.70.950.860.7
0.680.660.630.770.440.660.65-0.60.66-0.38-0.60.76-0.520.520.770.71-0.830.780.660.680.520.710.640.810.1
0.990.920.680.950.960.980.650.070.98-0.040.080.98-0.030.650.960.94-0.870.960.980.980.790.740.960.870.66
0.070.14-0.02-0.060.320.08-0.60.070.060.471.0-0.030.66-0.01-0.09-0.010.26-0.050.080.070.14-0.40.1-0.240.63
0.980.940.650.930.951.00.660.980.060.010.070.960.040.760.940.93-0.830.961.00.970.710.720.950.860.7
-0.09-0.120.02-0.230.1-0.01-0.38-0.040.470.010.47-0.090.620.26-0.22-0.080.16-0.18-0.01-0.12-0.29-0.010.01-0.410.57
0.070.15-0.02-0.050.320.09-0.60.081.00.070.47-0.020.66-0.01-0.08-0.010.26-0.050.090.070.15-0.390.11-0.230.63
0.980.950.770.970.90.970.760.98-0.030.96-0.09-0.02-0.10.680.970.95-0.90.990.970.980.780.750.960.880.61
-0.020.05-0.12-0.180.220.04-0.52-0.030.660.040.620.66-0.10.27-0.15-0.090.41-0.130.04-0.03-0.2-0.250.04-0.290.53
0.660.640.50.550.640.760.520.65-0.010.760.26-0.010.680.270.60.65-0.550.640.760.630.130.560.70.490.69
0.980.930.710.990.880.940.770.96-0.090.94-0.22-0.080.97-0.150.60.94-0.860.990.940.980.810.730.940.940.52
0.950.880.820.940.870.940.710.94-0.010.93-0.08-0.010.95-0.090.650.94-0.890.950.940.950.730.720.970.820.6
-0.84-0.75-0.76-0.87-0.7-0.83-0.83-0.870.26-0.830.160.26-0.90.41-0.55-0.86-0.89-0.88-0.83-0.84-0.68-0.84-0.84-0.79-0.39
0.990.950.750.990.890.960.780.96-0.050.96-0.18-0.050.99-0.130.640.990.95-0.880.960.990.810.720.960.920.57
0.980.950.660.930.951.00.660.980.081.0-0.010.090.970.040.760.940.94-0.830.960.970.720.70.950.860.7
1.00.960.730.980.940.970.680.980.070.97-0.120.070.98-0.030.630.980.95-0.840.990.970.820.690.970.90.64
0.810.820.580.860.740.720.520.790.140.71-0.290.150.78-0.20.130.810.73-0.680.810.720.820.480.720.790.36
0.70.570.620.710.580.70.710.74-0.40.72-0.01-0.390.75-0.250.560.730.72-0.840.720.70.690.480.720.650.27
0.970.910.820.940.920.950.640.960.10.950.010.110.960.040.70.940.97-0.840.960.950.970.720.720.790.7
0.90.870.50.930.770.860.810.87-0.240.86-0.41-0.230.88-0.290.490.940.82-0.790.920.860.90.790.650.790.33
0.650.660.480.510.790.70.10.660.630.70.570.630.610.530.690.520.6-0.390.570.70.640.360.270.70.33
Click cells to compare fundamentals

Plexus Corp Account Relationship Matchups

Plexus Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.5B3.4B3.3B3.8B4.0B
Short Long Term Debt Total371.6M291.3M495.4M469.6M540.1M567.1M
Other Current Liab180.4M222.4M446.1M165.5M190.3M199.8M
Total Current Liabilities1.0B1.1B2.0B1.8B2.1B2.2B
Total Stockholder Equity977.5M1.0B1.1B1.2B1.4B1.5B
Property Plant And Equipment Net453.5M467.2M509.8M561.4M645.6M677.9M
Net Debt(14.2M)21.1M220.6M213.4M192.0M201.6M
Retained Earnings1.3B1.4B1.6B1.7B2.0B2.1B
Cash385.8M270.2M274.8M256.2M294.7M158.9M
Non Current Assets Total510.7M531.0M577.1M648.9M746.3M783.6M
Non Currrent Assets Other35.7M36.4M28.2M25.0M28.7M17.5M
Cash And Short Term Investments385.8M270.2M274.8M256.2M294.7M164.8M
Net Receivables596.0M635.0M876.2M803.8M924.4M970.6M
Common Stock Shares Outstanding29.9M29.2M28.4M28.1M25.3M33.0M
Liabilities And Stockholders Equity2.3B2.5B3.4B3.3B3.8B4.0B
Non Current Liabilities Total308.9M305.0M291.3M294.1M338.2M355.2M
Inventory763.5M972.3M1.6B1.6B1.8B1.9B
Other Current Assets31.8M53.1M61.6M49.7M57.1M60.0M
Other Stockholder Equity(313.1M)(403.3M)(441.0M)(473.2M)(425.8M)(404.6M)
Total Liab1.3B1.4B2.3B2.1B2.4B2.5B
Property Plant And Equipment Gross453.5M467.2M509.8M561.4M645.6M677.9M
Total Current Assets1.8B1.9B2.8B2.7B3.1B3.2B
Accumulated Other Comprehensive Income(5.1M)(3.0M)(36.0M)(24.3M)(28.0M)(26.6M)
Short Term Debt146.8M66.3M274.0M240.2M276.2M290.0M
Accounts Payable516.3M635.0M805.6M646.6M743.6M780.8M
Current Deferred Revenue160.0M205.0M480.5M760.4M874.4M918.1M
Common Stock Total Equity529K535K538K541K622.2K475.5K
Common Stock535K538K541K543K624.5K475.2K
Other Liab82.5M84.1M80.0M69.9M80.4M84.4M
Other Assets71.5M51.4M63.8M67.3M77.4M81.2M
Long Term Debt188.0M187.0M187.8M190.9M219.5M155.8M
Property Plant Equipment384.2M453.5M467.2M509.8M586.3M615.6M
Net Tangible Assets865.6M971.8M1.0B1.1B1.3B930.7M
Retained Earnings Total Equity1.2B1.3B1.4B1.6B1.8B977.4M
Capital Surpluse597.4M621.6M639.8M652.5M750.3M579.7M

Plexus Corp Investors Sentiment

The influence of Plexus Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Plexus. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Plexus Corp's public news can be used to forecast risks associated with an investment in Plexus. The trend in average sentiment can be used to explain how an investor holding Plexus can time the market purely based on public headlines and social activities around Plexus Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Plexus Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Plexus Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Plexus Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Plexus Corp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Plexus Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Plexus Corp's short interest history, or implied volatility extrapolated from Plexus Corp options trading.

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When determining whether Plexus Corp is a strong investment it is important to analyze Plexus Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Plexus Corp's future performance. For an informed investment choice regarding Plexus Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plexus Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Plexus Stock please use our How to Invest in Plexus Corp guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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Is Plexus Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plexus Corp. If investors know Plexus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Plexus Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.60)
Earnings Share
3.63
Revenue Per Share
145.204
Quarterly Revenue Growth
(0.1)
Return On Assets
0.0364
The market value of Plexus Corp is measured differently than its book value, which is the value of Plexus that is recorded on the company's balance sheet. Investors also form their own opinion of Plexus Corp's value that differs from its market value or its book value, called intrinsic value, which is Plexus Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plexus Corp's market value can be influenced by many factors that don't directly affect Plexus Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Plexus Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plexus Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plexus Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.