$Plexus (PLXS.US)$Since it was excluded from the analysis tw...

The American company, which was listed in 1986, mainly provides electronics manufacturing services. The main markets are Malaysia, the United States, and Mexico. The current price is 95.08.

In the past 5 years, revenue has increased for 4 years except 2021, with an average growth rate of 7.9%. Operating profit has continued to grow for 5 years, with an average growth rate of 13%. Net profit has increased for 4 years except 2022, with an average growth rate of 6.3% in the past 4 years. Due to share buybacks, earnings per share grew at a rate of 9%. Interest expenses account for 13% of operating profit in 2023, and the interest burden is slightly heavy. The gross margin has fluctuated around 9.3% in the past 5 years, and the return on net assets has fluctuated around 12.5%.

24Q1 revenue, operating profit, and net profit shrank by 10.2%, 21.3%, and 30.8%, respectively.

Currently, the price-earnings ratio is 19.2 and the price-earnings ratio is TTM21.2. Considering that net profit has been shrinking sharply for 3 consecutive quarters, the current valuation is unattractive.