Risk factor
Resilient to price shocks
Profitability factor
Strong growth
About
Volex plc operates as a global manufacturer and supplier, providing power solutions and various cable assemblies across North America, Europe, and Asia. The company offers a comprehensive suite of integrated manufacturing services. These encompass the creation of box builds, wire and cable harnesses, electrical control panels, and complex electromechanical assemblies and systems. Additionally, Volex specializes in printed circuit board (PCB) assemblies, robust ruggedized harnesses, and overmoulding, offering flexible high-mix, low-volume manufacturing services. Its product portfolio further extends to high-speed copper interconnects for data transfer, advanced electric vehicle (EV) charging solutions, specialized power cables and cords designed for data centers, and a full array of power cords, plugs, connectors, and receptacles. These offerings cater to critical sectors such as sophisticated industrial technology, consumer electronics, the burgeoning electric vehicle industry, and medical applications. Volex distributes its products primarily through a network of distributors, serving both Original Equipment Manufacturers (OEMs) and Electronic Manufacturing Services (EMS) firms. Established in 1919, Volex plc maintains its corporate headquarters in Basingstoke, United Kingdom.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV
Target Price
The average target price of VLX.L is 663 and suggests 15% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation