FLEX Flex Ltd

  1. Stocks
  2. Technology
  3. NASDAQ: FLEX

Price (delayed)

$26.13

Market cap

$11.61B

P/E Ratio

14.93

Dividend/share

N/A

EPS

$1.75

Enterprise value

$12.67B

Flex Ltd. is an American Singaporean-domiciled multinational electronics contract manufacturer. It is the third largest global electronics manufacturing services , original design manufacturer company by revenue, behind only Pegatron for ...

Highlights
The equity is up by 30% year-on-year and by 19% since the previous quarter
The gross profit is up by 17% year-on-year and by 2.3% since the previous quarter
The price to earnings (P/E) is 56% lower than the 5-year quarterly average of 33.6 but 44% higher than the last 4 quarters average of 10.4
Flex's net income has decreased by 15% YoY and by 3.1% from the previous quarter
The EPS is down by 11% year-on-year and by 2.8% since the previous quarter
Sector: Technology
Industry: Electronic Components
Peers: BHE JBL SANM TTMI

Key stats

What are the main financial stats of FLEX
Market
Shares outstanding
444.49M
Market cap
$11.61B
Enterprise value
$12.67B
Valuations
Price to earnings (P/E)
14.93
Price to book (P/B)
2.2
Price to sales (P/S)
0.39
EV/EBIT
13.55
EV/EBITDA
8.08
EV/Sales
0.42
Earnings
Revenue
$30.35B
EBIT
$935M
EBITDA
$1.57B
Free cash flow
$335M
Per share
EPS
$1.75
Free cash flow per share
$0.74
Book value per share
$11.86
Revenue per share
$66.84
TBVPS
$43.47
Balance sheet
Total assets
$21.4B
Total liabilities
$15.69B
Debt
$4.35B
Equity
$5.35B
Working capital
$5.17B
Liquidity
Debt to equity
0.81
Current ratio
1.48
Quick ratio
0.65
Net debt/EBITDA
0.67
Margins
EBITDA margin
5.2%
Gross margin
7.5%
Net margin
2.6%
Operating margin
3.9%
Efficiency
Return on assets
3.8%
Return on equity
17.5%
Return on invested capital
10.1%
Return on capital employed
8.9%
Return on sales
3.1%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

FLEX stock price

How has the Flex stock price performed over time
Intraday
2.31%
1 week
0.85%
1 month
28.59%
1 year
51.22%
YTD
21.76%
QTD
13.56%

Financial performance

How have Flex's revenue and profit performed over time
Revenue
$30.35B
Gross profit
$2.27B
Operating income
$1.18B
Net income
$793M
Gross margin
7.5%
Net margin
2.6%
The company's net margin fell by 28% YoY and by 7% QoQ
FLEX's operating income is up by 22% YoY and by 3.4% QoQ
The gross profit is up by 17% year-on-year and by 2.3% since the previous quarter
The revenue is up by 17% year-on-year and by 2.1% since the previous quarter

Growth

What is Flex's growth rate over time

Valuation

What is Flex stock price valuation
FLEX P/E details
P/E
14.93
P/B
2.2
P/S
0.39
EV/EBIT
13.55
EV/EBITDA
8.08
EV/Sales
0.42
The price to earnings (P/E) is 56% lower than the 5-year quarterly average of 33.6 but 44% higher than the last 4 quarters average of 10.4
The EPS is down by 11% year-on-year and by 2.8% since the previous quarter
The equity is up by 30% year-on-year and by 19% since the previous quarter
The stock's P/B is 16% above its last 4 quarters average of 1.9 and 10% above its 5-year quarterly average of 2.0
The P/S is 30% higher than the 5-year quarterly average of 0.3 and 30% higher than the last 4 quarters average of 0.3
The revenue is up by 17% year-on-year and by 2.1% since the previous quarter

Efficiency

How efficient is Flex business performance
The ROS is down by 33% year-on-year and by 31% since the previous quarter
The company's return on invested capital fell by 33% QoQ and by 26% YoY
The company's return on equity fell by 31% YoY and by 10% QoQ
The ROA has contracted by 28% YoY and by 5% from the previous quarter

Dividends

What is FLEX's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for FLEX.

Financial health

How did Flex financials performed over time
FLEX's total assets is 36% greater than its total liabilities
Flex's quick ratio has increased by 16% from the previous quarter and by 10% YoY
FLEX's total assets is up by 11% year-on-year and by 2.4% since the previous quarter
The company's debt is 19% lower than its equity
The equity is up by 30% year-on-year and by 19% since the previous quarter
FLEX's debt to equity is down by 30% year-on-year and by 19% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.