Plexus Corp Current Valuation vs. Net Income
| PX4 Stock | EUR 151.00 1.00 0.66% |
For Plexus Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Plexus Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Plexus Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Plexus Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Plexus Corp over time as well as its relative position and ranking within its peers.
Plexus |
Plexus Corp Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Plexus Corp's current stock value. Our valuation model uses many indicators to compare Plexus Corp value to that of its competitors to determine the firm's financial worth. Plexus Corp is regarded fourth in current valuation category among its peers. It is rated below average in net income category among its peers making up about 0.05 of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for Plexus Corp is roughly 21.99 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Plexus Corp's earnings, one of the primary drivers of an investment's value.Plexus Current Valuation vs. Competition
Plexus Corp is regarded fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Contract Manufacturers industry is at this time estimated at about 27.49 Billion. Plexus Corp retains roughly 3.04 Billion in current valuation claiming about 11% of stocks in Contract Manufacturers industry.
Plexus Net Income vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Plexus Corp |
| = | 3.04 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Plexus Corp |
| = | 138.24 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Plexus Net Income Comparison
Plexus Corp is regarded fifth in net income category among its peers.
Plexus Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Plexus Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Plexus Corp will eventually generate negative long term returns. The profitability progress is the general direction of Plexus Corp's change in net profit over the period of time. It can combine multiple indicators of Plexus Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Plexus Corp., together with its subsidiaries, provides electronic manufacturing services in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Plexus Corp. was founded in 1979 and is headquartered in Neenah, Wisconsin. Plexus Corp operates under Contract Manufacturers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 19000 people.
Plexus Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Plexus Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Plexus Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Plexus Corp's important profitability drivers and their relationship over time.
Use Plexus Corp in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Plexus Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Plexus Corp will appreciate offsetting losses from the drop in the long position's value.Plexus Corp Pair Trading
Plexus Corp Pair Trading Analysis
The ability to find closely correlated positions to Plexus Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Plexus Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Plexus Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Plexus Corp to buy it.
The correlation of Plexus Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Plexus Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Plexus Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Plexus Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Plexus Corp position
In addition to having Plexus Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Large Growth Funds Thematic Idea Now
Large Growth Funds
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth Funds theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Growth Funds Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Plexus Stock
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. For more detail on how to invest in Plexus Stock please use our How to Invest in Plexus Corp guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
To fully project Plexus Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Plexus Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Plexus Corp's income statement, its balance sheet, and the statement of cash flows.