GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Plexus Corp (NAS:PLXS) » Definitions » ROCE %

Plexus (Plexus) ROCE % : 11.07% (As of Dec. 2023)


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

What is Plexus ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Plexus's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.07%.


Plexus ROCE % Historical Data

The historical data trend for Plexus's ROCE % 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 ROCE % Chart

Plexus Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.91 12.52 13.34 12.80 13.30

Plexus Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % 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 15.45 6.96 14.61 11.07 7.03

Plexus ROCE % Calculation

Plexus's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=192.555/( ( (3393.225 - 2006.189) + (3321.172 - 1812.667) )/ 2 )
=192.555/( (1387.036+1508.505)/ 2 )
=192.555/1447.7705
=13.30 %

Plexus's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=169.856/( ( (3321.172 - 1812.667) + (3304.613 - 1743.562) )/ 2 )
=169.856/( ( 1508.505 + 1561.051 )/ 2 )
=169.856/1534.778
=11.07 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

* 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  (NAS:PLXS) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


Plexus ROCE % Related Terms

Thank you for viewing the detailed overview of Plexus's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Plexus (Plexus) Business Description

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

This Insider Just Sold Shares of Plexus Corp

By GuruFocus Research GuruFocus Editor 08-13-2022

Plexus to Present at Stifel 2022 Cross Sector Insight Conference

By GuruFocusNews GuruFocusNews 06-13-2022

Plexus Joins Semiconductor Climate Consortium as Founding Member

By Value_Insider Value_Insider 11-03-2022

Plexus Corp (PLXS) Files 10-K for the Fiscal Year Ended on September 30, 2021

By GuruFocus Research GuruFocus Editor 11-19-2021

Plexus Provides Update on Unverified List Removal

By GlobeNewswire 12-27-2023

This Insider Just Sold Shares of Plexus Corp

By GuruFocus Research GuruFocus Editor 11-27-2022

Plexus to Present at Stifel 2022 Cross Sector Insight Conference

By GuruFocusNews GuruFocusNews 07-03-2022