PlexusPLXS -3.15%83 Return-on-Tangible-Equity is 13.41% as of Mar. 2026, which is 11% above its 10-year median of 12.10. 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. Among 2,381 Hardware companies, Plexus ranks better than 74.76% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Plexus's annualized net income for the quarter that ended in Mar. 2026 was $199 Mil. Plexus's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,485 Mil. Therefore, Plexus's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.41%.
The historical rank and industry rank for Plexus's Return-on-Tangible-Equity or its related term are showing as below:
PLXS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.34 Med: 12.1 Max: 13.85
Current: 13.03
During the past 13 years, Plexus's highest Return-on-Tangible-Equity was 13.85%. The lowest was 1.34%. And the median was 12.10%.
PLXS's Return-on-Tangible-Equity is ranked better than 74.76% of 2381
companies
in the Hardware industry
Industry Median: 5.23
vs PLXS: 13.03
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Plexus Return-on-Tangible-Equity Related Terms
Plexus Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Plexus's Return-on-Tangible-Equity 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.
PLXS vs RAL, OLED, BELFB: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, Plexus's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Plexus's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Plexus's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 13.41% mean?
Plexus (PLXS) has a Return-on-Tangible-Equity of 13.41% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Plexus and its competitors. This is 11% above median its historical median of 12.10. Over the past decade, Plexus' Return-on-Tangible-Equity has ranged from 1.34 to 13.85. According to the industry distribution chart, Plexus ranks #601 out of 2381 companies in the Hardware industry, placing it in the top 25.2%.
Is Plexus' Return-on-Tangible-Equity too high?
Plexus' current Return-on-Tangible-Equity of 13.41% is 11% above median its 10-year median of 12.10. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 13.85. The Hardware industry median Return-on-Tangible-Equity is 5.23. Plexus' value of 13.41% is 156.4% above this industry median. Based on the distribution chart, Plexus ranks #601 out of 2381 companies in the Hardware industry, which is above the industry midpoint. 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' Return-on-Tangible-Equity compare to RAL and OLED?
According to the Hardware industry distribution chart, Plexus ranks #601 out of 2381 companies for Return-on-Tangible-Equity. This puts Plexus in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.23. Plexus' value of 13.41% is 156.4% above this benchmark. Historically, Plexus' own Return-on-Tangible-Equity has ranged from 1.34 to 13.85 over the past decade. While the company's 10-year median is 12.10 vs. the industry median of 5.23, Plexus has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.23, based on 2,381 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Plexus's current Return-on-Tangible-Equity of 13.41% is 156.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Plexus and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plexus's current Return-on-Tangible-Equity is 13.41%, which is 11% above median its own 10-year median of 12.10. 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 $287.44 — trading 93.5% above its estimated fair value. The current Return-on-Tangible-Equity is 13.41%, which is 11% above median its 10-year median of 12.10 and 156.4% above the Hardware industry median of 5.23. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Plexus (PLXS), the current Return-on-Tangible-Equity is 13.41% 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 $287.44 is trading 93.5% above its estimated GF Value™ of $148.51.
GuruFocus considers Plexus to be Significantly Overvalued.
Key valuation signals for PLXS:
Return-on-Tangible-Equity: 13.41% (11% above median its 10-year median of 12.10)
GF Value™: $148.51 vs. price of $287.44 (93.5% above fair value)
Industry Position: 156.4% above the Hardware median (#601 of 2381)
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 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
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