FLEX Flex Ltd

  1. Stocks
  2. Technology
  3. NASDAQ: FLEX

Price (delayed)

$28.085

Market cap

$11.83B

P/E Ratio

16.42

Dividend/share

N/A

EPS

$1.71

Enterprise value

$13B

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 32% year-on-year
Flex's quick ratio has increased by 21% YoY and by 3% from the previous quarter
The price to earnings (P/E) is 47% lower than the 5-year quarterly average of 30.9 but 6% higher than the last 4 quarters average of 15.5
Flex's net income has decreased by 8% YoY and by 4.2% from the previous quarter
The EPS is down by 5% 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
421.16M
Market cap
$11.83B
Enterprise value
$13B
Valuations
Price to earnings (P/E)
16.42
Price to book (P/B)
2.05
Price to sales (P/S)
0.41
EV/EBIT
16.67
EV/EBITDA
9.08
EV/Sales
0.44
Earnings
Revenue
$29.39B
EBIT
$780M
EBITDA
$1.43B
Free cash flow
$489M
Per share
EPS
$1.71
Free cash flow per share
$1.13
Book value per share
$13.72
Revenue per share
$68.18
TBVPS
$43.51
Balance sheet
Total assets
$20.37B
Total liabilities
$13.92B
Debt
$3.94B
Equity
$5.97B
Working capital
$5.49B
Liquidity
Debt to equity
0.66
Current ratio
1.59
Quick ratio
0.68
Net debt/EBITDA
0.82
Margins
EBITDA margin
4.9%
Gross margin
8.3%
Net margin
2.6%
Operating margin
4.3%
Efficiency
Return on assets
3.6%
Return on equity
13.3%
Return on invested capital
7.6%
Return on capital employed
7.1%
Return on sales
2.7%
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
-0.41%
1 week
-1.28%
1 month
4.25%
1 year
29.96%
YTD
-7.8%
QTD
-1.84%

Financial performance

How have Flex's revenue and profit performed over time
Revenue
$29.39B
Gross profit
$2.45B
Operating income
$1.28B
Net income
$753M
Gross margin
8.3%
Net margin
2.6%
The operating margin has increased by 13% year-on-year and by 2.4% since the previous quarter
Flex's gross margin has increased by 12% YoY and by 3.8% from the previous quarter
FLEX's operating income is up by 12% YoY and by 2.2% QoQ
The gross profit is up by 11% year-on-year and by 2.5% 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
16.42
P/B
2.05
P/S
0.41
EV/EBIT
16.67
EV/EBITDA
9.08
EV/Sales
0.44
The price to earnings (P/E) is 47% lower than the 5-year quarterly average of 30.9 but 6% higher than the last 4 quarters average of 15.5
The EPS is down by 5% year-on-year and by 2.8% since the previous quarter
The equity is up by 32% year-on-year
The P/S is 37% higher than the 5-year quarterly average of 0.3 and 2.5% higher than the last 4 quarters average of 0.4
The revenue has declined by 2.2% since the previous quarter

Efficiency

How efficient is Flex business performance
The company's return on invested capital fell by 50% YoY and by 3.8% QoQ
The ROS is down by 40% year-on-year but it is up by 3.8% since the previous quarter
The company's return on equity fell by 31% YoY and by 11% QoQ
The ROA has contracted by 10% YoY and by 2.7% 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 46% greater than its total liabilities
Flex's quick ratio has increased by 21% YoY and by 3% from the previous quarter
FLEX's current ratio is up by 17% YoY and by 3.9% QoQ
The company's debt is 34% lower than its equity
FLEX's debt to equity is down by 34% year-on-year
The equity is up by 32% year-on-year

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