Why we don't show a single “fair value” for PLXS
Even the optimistic scenario of a conservative trailing-FCF model ($112.81) sits far below today's price — the market is paying for growth and durability beyond what this model structure captures. The honest lens is the question below: what growth does today's price actually require? The model scenarios are listed further down for reference.
What would today's price require?
$246.73 is justified only if free cash flow grows about +34.6% a year (fading to 2.5% long-run) at a 8.6% required return — faster than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 3.0%/yr | 9.6% | $65.42 |
| Base case | 6.0%/yr | 8.6% | $84.44 |
| Optimistic | 9.0%/yr | 7.6% | $112.81 |
| Third-party model estimate (FMP) | independent reference · retrieved Sep 13, 2026 · assumptions not provided | $87.46 | |
The FMP figure is a third-party point estimate. Its cash-flow forecast, discount rate, terminal growth, and valuation date are not included in the stored response, so TGMCharts presents it only as a reference—not as an intrinsic-value conclusion or price target.
Current Price
$246.73
Market-Implied Growth
+34.6%/yr
vs +6.0% 5Y actual
Base-Case Model Value
$84.44
model output — not a price target
Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for PLXS (growth from its own 5-year record, discount from its beta), so the sandbox starts where the scenarios above leave off. Illustrative model — not investment advice.
Base inputs: FCF $107.9M · 0.03B shares · net cash $160.7M
Estimated Fair Value
$84.44
-65.8% vs $246.73
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 6.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $246.73; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 6.6% | $103 | $112 | $123 | $138 | $156 |
| 7.6% | $87.09 | $93.03 | $100 | $109 | $119 |
| 8.6% | $75.40 | $79.58 | $84.44 | $90.16 | $97.00 |
| 9.6% | $66.60 | $69.68 | $73.19 | $77.22 | $81.91 |
| 10.6% | $59.74 | $62.09 | $64.72 | $67.69 | $71.07 |
