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Upturn stock ratingUpturn stock rating
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Benchmark Electronics Inc (BHE)

Upturn stock ratingUpturn stock rating
$39.28
Last Close (24-hour delay)
Profit since last BUY2.4%
upturn advisory
Strong Buy
BUY since 13 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Upturn Advisory Summary

06/27/2025: BHE (3-star) is a STRONG-BUY. BUY since 13 days. Profits (2.40%). Updated daily EoD!

Upturn Star Rating

ratingratingratingratingrating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Number of Analysts

rating

3 Analysts rated it

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Year Target Price $45

Year Target Price $45

Analyst’s Price TargetsFor last 52 week
$45Target price
Low$30.73
Current$39.28
high$52.15

Analysis of Past Performance

Type Stock
Historic Profit 84.16%
Avg. Invested days 58
Today’s Advisory Strong Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 4.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.42B USD
Price to earnings Ratio 27.28
1Y Target Price 45
Price to earnings Ratio 27.28
1Y Target Price 45
Volume (30-day avg) -
Beta 0.96
52 Weeks Range 30.73 - 52.15
Updated Date 06/29/2025
52 Weeks Range 30.73 - 52.15
Updated Date 06/29/2025
Dividends yield (FY) 1.73%
Basic EPS (TTM) 1.44

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 2.03%
Operating Margin (TTM) 3.67%

Management Effectiveness

Return on Assets (TTM) 3.16%
Return on Equity (TTM) 4.84%

Valuation

Trailing PE 27.28
Forward PE -
Enterprise Value 1444567675
Price to Sales(TTM) 0.54
Enterprise Value 1444567675
Price to Sales(TTM) 0.54
Enterprise Value to Revenue 0.55
Enterprise Value to EBITDA 10
Shares Outstanding 36095600
Shares Floating 35237931
Shares Outstanding 36095600
Shares Floating 35237931
Percent Insiders 2.19
Percent Institutions 103.39

Analyst Ratings

Rating 4
Target Price 45
Buy 1
Strong Buy 1
Buy 1
Strong Buy 1
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Benchmark Electronics Inc

stock logo

Company Overview

overview logo History and Background

Benchmark Electronics was founded in 1979. Initially focused on printed circuit board assembly, it expanded to provide integrated manufacturing services, engineering, and design services. It has grown through acquisitions and organic expansion to become a significant player in the electronics manufacturing services (EMS) industry.

business area logo Core Business Areas

  • Engineering, Design and Test: Provides design, testing, and product development services, aiding clients in bringing products to market efficiently.
  • Manufacturing Services: Offers comprehensive manufacturing solutions including PCB assembly, system integration, and supply chain management. Includes advanced manufacturing solutions.
  • Aftermarket Services: Includes repair, refurbishment, and product lifecycle management services.

leadership logo Leadership and Structure

The company is led by a CEO and executive team responsible for strategic direction. Its organizational structure includes departments for engineering, manufacturing, supply chain, sales, and finance, with a board of directors providing oversight.

Top Products and Market Share

overview logo Key Offerings

  • Engineering Services: Offers full product life cycle support, from design and prototype to production and aftermarket services. The revenue generated from this segment is blended into the services segment. Competitors include Plexus Corp and Jabil.
  • Manufacturing Services: Provides manufacturing solutions, including printed circuit board assembly, system integration, and test engineering. It is difficult to assign an exact market share due to the breadth of the EMS industry, but their revenue provides insight into their relative position. Key competitors include Foxconn and Flex.

Market Dynamics

industry overview logo Industry Overview

The electronics manufacturing services (EMS) industry is characterized by intense competition, technological advancements, and increasing globalization. Companies in this sector face pressures to reduce costs, improve efficiency, and offer advanced manufacturing capabilities.

Positioning

Benchmark Electronics Inc. positions itself as a provider of high-mix, lower-volume, complex manufacturing solutions. This allows it to focus on specialized, higher-margin segments. They have a strong position in highly regulated industries like medical and aerospace/defense.

Total Addressable Market (TAM)

The global EMS market is estimated to be hundreds of billions of dollars. Benchmark is positioned to capture a portion of this market focusing on complex, lower volume business.

Upturn SWOT Analysis

Strengths

  • Strong engineering and design capabilities
  • Focus on high-mix, low-volume manufacturing
  • Diversified customer base
  • Established presence in key markets
  • Strong Quality Control

Weaknesses

  • Dependence on a limited number of large customers
  • Exposure to economic cycles
  • Potentially higher cost structure compared to competitors focusing on high-volume production

Opportunities

  • Growing demand for advanced manufacturing services in various sectors
  • Expansion into new geographic markets
  • Strategic acquisitions to broaden capabilities
  • Increased outsourcing of manufacturing by OEMs
  • Growing markets such as AI or IoT

Threats

  • Intense competition from larger EMS providers
  • Fluctuations in material costs and currency exchange rates
  • Technological obsolescence
  • Disruptions in the supply chain
  • Economic downturns

Competitors and Market Share

competitor logo Key Competitors

  • JBL
  • FLEX
  • Plexus Corp (PLXS)

Competitive Landscape

Benchmark Electronics competes in a highly competitive market. While smaller than some competitors, its focus on high-mix, low-volume, complex manufacturing allows it to differentiate. Its key advantage is often its strong engineering capabilities and customer relationships.

Major Acquisitions

Secure Technology

  • Year: 2023
  • Acquisition Price (USD millions): 17
  • Strategic Rationale: This acquisition strengthens Benchmark's capabilities to serve aerospace and defense customers by offering specialized manufacturing.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is analyzed via revenue, margin and profit growth over time.

Future Projections: Future projections are usually obtained from analyst reports and company guidance and reflect expectations for revenue and earnings growth.

Recent Initiatives: Recent initiatives can include new contracts, acquisitions, facility expansions, and new service offerings.

Summary

Benchmark Electronics is a specialized EMS provider with strengths in engineering and high-mix, low-volume manufacturing. It faces competition from larger players and relies on key customer relationships. Recent acquisitions show a strategic move to grow the business. The company needs to manage risks related to cyclical demand and material costs.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (10-K, 10-Q)
  • Analyst Reports
  • Press Releases
  • Industry Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Market share estimates are approximations based on available data. Financial figures and future projections are subject to change and are not guaranteed.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Benchmark Electronics Inc

Exchange NYSE
Headquaters Tempe, AZ, United States
IPO Launch date 1990-06-28
President, CEO & Director Mr. Jeffrey W. Benck
Sector Technology
Industry Electronic Components
Full time employees 11700
Full time employees 11700

Benchmark Electronics, Inc., together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides design and engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom test and automation equipment design services. It also offers electronics manufacturing and testing services, such as printed circuit board assembly and test solutions, assembly of subsystems, circuitry and functionality testing of printed assemblies, environmental and stress testing, and component reliability testing; component engineering services; manufacturing defect analysis, in-circuit testing, functional testing, and life cycle testing services, as well as environmental stress tests of assemblies of boards or systems; and failure analysis. In addition, the company provides precision machining and electromechanical assembly services; and subsystem and system integration services, including assembly, configuration, and testing for various industries. Further, it provides value-added support systems; supply chain management solutions; direct order fulfillment; and aftermarket non-warranty services, including repair, replacement, refurbishment, remanufacturing, exchange, systems upgrade, and spare parts manufacturing throughout a product's life cycle. The company serves original equipment manufacturers in the semi-conductor capital equipment, industrial, medical, aerospace and defense, and advanced computing and communications industries. It markets its services and solutions primarily through a direct sales force. The company was formerly known as Electronics, Inc. Benchmark Electronics, Inc. was founded in 1979 and is headquartered in Tempe, Arizona.