PLXS (Plexus) Cyclically Adjusted FCF per Share: $3.24 (As of Mar. 2026)


PLXS Plexus Corp PLXS
83 GF Score
Price $287.80
GF Value $148.51
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Plexus Cyclically Adjusted FCF per Share?

Plexus PLXS +0.13% 83 Cyclically Adjusted FCF per Share is $3.24 as of Mar. 2026. GuruFocus rates PLXS with a GF Score™ of 83/100 and a GF Value™ of $148.51 (Significantly Overvalued). The stock has 6 warning signs investors should review.

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. 2026 was $0.586. 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 $3.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Plexus's average Cyclically Adjusted FCF Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.70% 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 15.60% per year.

As of today (2026-06-29), Plexus's current stock price is $287.80. Plexus's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $3.24. Plexus's Cyclically Adjusted Price-to-FCF of today is 88.83.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Plexus was 92.58. The lowest was 21.94. And the median was 37.04.


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
=287.80/3.24
=88.83

* 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 92.58. The lowest was 21.94. And the median was 37.04.


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


Plexus Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

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.

Plexus Cyclically Adjusted FCF per Share Chart

Plexus Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.60 2.01 1.93 3.12 3.61

Plexus Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.23 3.29 3.61 3.38 3.24

PLXS vs RAL, BELFB, OLED: Cyclically Adjusted FCF per Share Comparison

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 Cyclically Adjusted Price-to-FCF vs 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.


PLXS
83GF Score
Plexus Corp PLXS
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.586/330.2130*330.2130
=0.586

Current CPI (Mar. 2026) = 330.2130.

Plexus Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.710 241.018 0.973
201609 -0.065 241.428 -0.089
201612 2.099 241.432 2.871
201703 0.533 243.801 0.722
201706 0.188 244.955 0.253
201709 1.037 246.819 1.387
201712 1.561 246.524 2.091
201803 -2.288 249.554 -3.028
201806 0.466 251.989 0.611
201809 0.410 252.439 0.536
201812 -1.804 251.233 -2.371
201903 -0.983 254.202 -1.277
201906 0.702 256.143 0.905
201909 3.072 256.759 3.951
201912 2.030 256.974 2.609
202003 -1.547 258.115 -1.979
202006 1.227 257.797 1.572
202009 3.650 260.280 4.631
202012 -0.310 260.474 -0.393
202103 2.555 264.877 3.185
202106 1.081 271.696 1.314
202109 -0.405 274.310 -0.488
202112 -4.257 278.802 -5.042
202203 1.878 287.504 2.157
202206 -1.492 296.311 -1.663
202209 -0.598 296.808 -0.665
202212 -2.539 296.797 -2.825
202303 2.822 301.836 3.087
202306 -0.410 305.109 -0.444
202309 2.346 307.789 2.517
202312 -1.131 306.746 -1.218
202403 2.325 312.332 2.458
202406 4.115 314.175 4.325
202409 6.952 315.301 7.281
202412 0.976 315.605 1.021
202503 0.596 319.799 0.615
202506 0.478 322.561 0.489
202509 3.540 324.800 3.599
202512 -1.849 324.054 -1.884
202603 0.586 330.213 0.586

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

What does a Cyclically Adjusted FCF per Share of $3.24 mean?
Plexus (PLXS) has a Cyclically Adjusted FCF per Share of $3.24 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Plexus and its competitors.
Is Plexus' Cyclically Adjusted FCF per Share too high?
Plexus' current Cyclically Adjusted FCF per Share is $3.24. Overall, Plexus has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plexus' Cyclically Adjusted FCF per Share compare to RAL and BELFB?
Plexus' Cyclically Adjusted FCF per Share of $3.24 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Hardware company?
A good Cyclically Adjusted FCF per Share depends on the Hardware industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Plexus and its competitors. Plexus's current Cyclically Adjusted FCF per Share is $3.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plexus stock overvalued right now?
Based on GuruFocus' analysis, Plexus (PLXS) is currently considered Significantly Overvalued. The stock's GF Value™ is $148.51, compared to a current price of $287.80 — trading 93.8% above its estimated fair value. The current Cyclically Adjusted FCF per Share is $3.24. Plexus' overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Plexus (PLXS), the current Cyclically Adjusted FCF per Share is $3.24 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Plexus (PLXS) Overvalued in 2026?

Based on GuruFocus' analysis, Plexus stock appears to be overvalued. The current stock price of $287.80 is trading 93.8% above its estimated GF Value™ of $148.51. GuruFocus considers Plexus to be Significantly Overvalued.

Key valuation signals for PLXS:

  • Cyclically Adjusted FCF per Share: $3.24
  • GF Value™: $148.51 vs. price of $287.80 (93.8% above fair value)
  • GF Score™: 83/100 with 6 warning signs

No single metric tells the full story. See the PLXS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plexus Business Description

Other Exchanges PX4:Germany
Address One Plexus Way, P.O. Box 156, Neenah, WI, USA, 54956
Plexus Corp designs, manufactures, and services complex products in demanding regulatory environments, supporting life-saving medical devices, mission-critical aerospace and defense products, industrial automation systems, and semiconductor capital equipment. Its integrated lifecycle solutions span design and development, supply chain solutions, new product introduction, manufacturing, and sustaining services for market and disruptive companies in the Aerospace/Defense, Healthcare/Life Sciences, and Industrial sectors. The Company operates through three reportable segments: AMER, APAC, and EMEA, with the majority of revenue from the APAC segment.
83GF Score

Get the complete analysis for PLXS

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$287.80
Price
$148.51
GF Value