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FLEX Flex Ltd

Price (delayed)

$40.53

Market cap

$15.72B

P/E Ratio

17.85

Dividend/share

N/A

EPS

$2.27

Enterprise value

$17.3B

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 EPS is up by 29% year-on-year
Flex's net income has increased by 20% YoY
Flex's gross margin has increased by 3.1% from the previous quarter but it has decreased by 2.9% YoY
The price to earnings (P/E) is 23% higher than the last 4 quarters average of 14.5 and 3.8% higher than the 5-year quarterly average of 17.2
The equity has declined by 15% year-on-year

Key stats

What are the main financial stats of FLEX
Market
Shares outstanding
387.78M
Market cap
$15.72B
Enterprise value
$17.3B
Valuations
Price to book (P/B)
3.22
Price to sales (P/S)
0.65
EV/EBIT
15.24
EV/EBITDA
9.57
EV/Sales
0.71
Earnings
Revenue
$24.47B
EBIT
$1.14B
EBITDA
$1.81B
Free cash flow
$1.21B
Per share
EPS
$2.27
Free cash flow per share
$3.07
Book value per share
$12.6
Revenue per share
$62.1
TBVPS
$43.7
Balance sheet
Total assets
$18.59B
Total liabilities
$13.58B
Debt
$4.19B
Equity
$5B
Working capital
$4.05B
Liquidity
Debt to equity
0.84
Current ratio
1.43
Quick ratio
0.66
Net debt/EBITDA
0.88
Margins
EBITDA margin
7.4%
Gross margin
6.6%
Net margin
3.9%
Operating margin
3%
Efficiency
Return on assets
5%
Return on equity
17.8%
Return on invested capital
11.8%
Return on capital employed
12.2%
Return on sales
4.6%
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
1.76%
1 week
7.68%
1 month
17.85%
1 year
54.81%
YTD
33.06%
QTD
21.24%

Financial performance

How have Flex's revenue and profit performed over time
Revenue
$24.47B
Gross profit
$1.62B
Operating income
$743M
Net income
$945M
Gross margin
6.6%
Net margin
3.9%
The company's net margin rose by 34% YoY
Flex's net income has increased by 20% YoY
FLEX's operating income is down by 19% YoY but it is up by 2.2% QoQ
The gross profit has declined by 12% year-on-year

Growth

What is Flex's growth rate over time

Valuation

What is Flex stock price valuation
P/E
17.85
P/B
3.22
P/S
0.65
EV/EBIT
15.24
EV/EBITDA
9.57
EV/Sales
0.71
The EPS is up by 29% year-on-year
The price to earnings (P/E) is 23% higher than the last 4 quarters average of 14.5 and 3.8% higher than the 5-year quarterly average of 17.2
The stock's P/B is 46% above its 5-year quarterly average of 2.2 and 34% above its last 4 quarters average of 2.4
The equity has declined by 15% year-on-year
The P/S is 63% higher than the 5-year quarterly average of 0.4 and 30% higher than the last 4 quarters average of 0.5
The revenue has declined by 10% year-on-year

Efficiency

How efficient is Flex business performance
The ROA has grown by 35% YoY
The company's return on equity rose by 19% YoY and by 2.9% QoQ
The ROS is up by 12% year-on-year and by 2.2% since the previous quarter
The company's return on invested capital rose by 4.4% YoY and by 2.6% QoQ

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 37% greater than its total liabilities
Flex's quick ratio has increased by 14% from the previous quarter
FLEX's total assets is down by 11% year-on-year but it is up by 4.8% since the previous quarter
The company's debt is 16% lower than its equity
FLEX's debt to equity is up by 27% year-on-year and by 14% since the previous quarter
The equity has declined by 15% year-on-year

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