GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Plexus Corp (NAS:PLXS) » Definitions » Cyclically Adjusted FCF per Share

Plexus (Plexus) Cyclically Adjusted FCF per Share : $2.12 (As of Mar. 2024)


View and export this data going back to 1986. Start your Free Trial

What is Plexus Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Plexus's adjusted free cash flow per share for the three months ended in Mar. 2024 was $2.325. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $2.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Plexus's average Cyclically Adjusted FCF Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -7.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 7.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Plexus was 171.40% per year. The lowest was -62.00% per year. And the median was 19.00% per year.

As of today (2024-05-27), Plexus's current stock price is $113.33. Plexus's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.12. Plexus's Cyclically Adjusted Price-to-FCF of today is 53.46.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Plexus was 62.29. The lowest was 21.94. And the median was 34.99.


Plexus Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Plexus's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Plexus Cyclically Adjusted FCF per Share Chart

Plexus Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 2.46 2.60 2.01 1.93

Plexus Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.03 1.92 1.93 1.88 2.12

Competitive Comparison of Plexus's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Plexus's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Plexus's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Plexus's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Plexus's Cyclically Adjusted Price-to-FCF falls into.



Plexus Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Plexus's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.325/131.7762*131.7762
=2.325

Current CPI (Mar. 2024) = 131.7762.

Plexus Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.298 100.560 0.391
201409 0.687 100.428 0.901
201412 -2.900 99.070 -3.857
201503 3.609 99.621 4.774
201506 0.134 100.684 0.175
201509 0.374 100.392 0.491
201512 0.280 99.792 0.370
201603 1.922 100.470 2.521
201606 0.710 101.688 0.920
201609 -0.065 101.861 -0.084
201612 2.099 101.863 2.715
201703 0.533 102.862 0.683
201706 0.188 103.349 0.240
201709 1.037 104.136 1.312
201712 1.561 104.011 1.978
201803 -2.288 105.290 -2.864
201806 0.466 106.317 0.578
201809 0.410 106.507 0.507
201812 -1.804 105.998 -2.243
201903 -0.983 107.251 -1.208
201906 0.702 108.070 0.856
201909 3.072 108.329 3.737
201912 2.030 108.420 2.467
202003 -1.547 108.902 -1.872
202006 1.227 108.767 1.487
202009 3.650 109.815 4.380
202012 -0.310 109.897 -0.372
202103 2.555 111.754 3.013
202106 1.081 114.631 1.243
202109 -0.405 115.734 -0.461
202112 -4.257 117.630 -4.769
202203 1.878 121.301 2.040
202206 -1.492 125.017 -1.573
202209 -0.598 125.227 -0.629
202212 -2.539 125.222 -2.672
202303 2.822 127.348 2.920
202306 -0.410 128.729 -0.420
202309 2.346 129.860 2.381
202312 -1.131 129.419 -1.152
202403 2.325 131.776 2.325

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Plexus  (NAS:PLXS) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Plexus's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=113.33/2.12
=53.46

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Plexus was 62.29. The lowest was 21.94. And the median was 34.99.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Plexus Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Plexus's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Plexus (Plexus) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Plexus Corp (NAS:PLXS) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
One Plexus Way, P.O. Box 156, Neenah, WI, USA, 54957
Plexus Corp is a U.S based Electronic Manufacturing Services company that provides a range of services, from conceptualization and design to fulfilling orders and providing sustaining solutions, such as replenishment and refurbishment. The company's segments comprise AMER, APAC,ge and EMEA.
Executives
Todd P. Kelsey officer: Sr VP Global Customer Services 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Frank Zycinski officer: Regional President - EMEA ONE PLEXUS WAY, NEENAH WI 54956
Ronnie Darroch officer: Regional President-Plexus EMEA ONE PLEXUS WAY, NEENAH X1 54956
Jennifer Wuamett director 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Ninivaggi Angelo Michael Jr officer: Vice Pres., General Counsel 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Patrick John Jermain officer: Vice President & CFO ONE PLEXUS WAY, NEENAH WI 54956
Oliver K. Mihm officer: Sr VP-Global Engineering Servs ONE PLEXUS WAY, NEENAH X1 54956
Steven J. Frisch officer: Sr VP Global Eng Services 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Tan Victor (pang Hau) officer: Regional President - APAC ONE PLEXUS WAY, NEENAH WI 54956
Scott Theune officer: Regional President - AMER ONE PLEXUS WAY, NEENAH WI 54956
J Joel Quadracci director QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Randy J Martinez director HLH BUILDING, 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Michael V Schrock director 5500 WAYZATA BLVD., SUITE 800, GOLDEN VALLEY MN 55416
Dean A Foate director, officer: President and CEO
Stephen P Cortinovis director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005

Plexus (Plexus) Headlines

From GuruFocus

Plexus Sets Fiscal Second Quarter 2022 Earnings Release Date

By GuruFocusNews GuruFocusNews 03-30-2022

Should Investors Worry About Plexus Corp's Insider Sells?

By GuruFocus Research GuruFocus Editor 11-25-2022

Plexus Joins Semiconductor Climate Consortium as Founding Member

By Value_Insider Value_Insider 11-03-2022

Plexus Sets Fiscal Third Quarter 2022 Earnings Release Date

By GuruFocusNews GuruFocusNews 06-29-2022

Plexus Provides Update on Unverified List Removal

By GlobeNewswire 12-27-2023

Plexus Issues Inaugural Sustainability Report

By Marketwired 06-29-2023

Should Investors Worry About Plexus Corp's Insider Sells?

By GuruFocus Research GuruFocus Editor 08-14-2022