Plexus Corp. logo PLXS - Plexus Corp.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 9
HOLD 6
SELL 3
STRONG
SELL
0
| PRICE TARGET: $277.50 DETAILS
HIGH: $330.00
LOW: $195.00
MEDIAN: $292.50
CONSENSUS: $277.50
UPSIDE: 2.57%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 40% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Strong
Trading 93.5% above fair value
Current Price $270.56
Bear Case $111.84 58.7% downside ($111.84 - $270.56) / $270.56 = -58.7% $6.26 × 12x P/E
Fair Value $139.80 48.3% downside ($139.80 - $270.56) / $270.56 = -48.3% $6.26 × 15x P/E
Bull Case $167.76 38.0% downside ($167.76 - $270.56) / $270.56 = -38.0% $6.26 × 18x P/E

Adjust Assumptions

15.0x
6.26$

Key Value Driver

Normalized P/E multiple (15x base case)

Implied Market Multiple 43.2x

Plain-Language Summary

Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $277.50 from 18 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $139.80 per share.

Warnings

Wall Street's average price target is $277.50 (from 18 analysts). Our estimate is 66% below the consensus -- consider that gap carefully.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples