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NASDAQ: FLEX
Flex Ltd Stock

$28.08-0.30 (-1.06%)
Updated Apr 15, 2024
FLEX Price
$28.08
Fair Value Price
$33.93
Market Cap
$11.83B
52 Week Low
$19.44
52 Week High
$30.93
P/E
16.42x
P/B
1.98x
P/S
0.45x
PEG
0.48x
Dividend Yield
N/A
Revenue
$29.39B
Earnings
$753.00M
Gross Margin
8.3%
Operating Margin
2.65%
Profit Margin
2.6%
Debt to Equity
2.33
Operating Cash Flow
$1B
Beta
1.39
Next Earnings
May 1, 2024
Ex-Dividend
N/A
Next Dividend
N/A

FLEX Overview

Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The company provides cross-industry technologies, including human-machine interface, internet of things platforms, power, sensor fusion, and smart audio. It also offers integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed generation solar projects. In addition, the company provides value-added design and engineering services; and systems assembly and manufacturing services that include enclosures, testing services, and materials procurement and inventory management services. Further, it offers chargers for smartphones and tablets; adapters for notebooks and gaming systems; power supplies for the server, storage, and networking markets; and power solutions, such as switchgear, busway, power distribution, modular power systems, and monitoring solutions and services. Additionally, the company provides after-market and forward supply chain logistics services to computing, consumer digital, infrastructure, industrial, mobile, automotive, and medical industries; and reverse logistics and repair solutions, including returns management, exchange programs, complex repair, asset recovery, recycling, and e-waste management. It serves to cloud, communications, enterprise, automotive, industrial, consumer devices, lifestyle, healthcare, and energy industries. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was incorporated in 1990 and is based in Singapore.

Zen Score

Industry Average (35)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how FLEX scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

FLEX ($28.08) is undervalued by 17.23% relative to our estimate of its Fair Value price of $33.93 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
FLEX ($28.08) is not significantly undervalued (17.23%) relative to our estimate of its Fair Value price of $33.93 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
FLEX ($28.08) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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FLEX News

Valuation

FLEX fair value

Fair Value of FLEX stock based on Discounted Cash Flow (DCF)
Price
$28.08
Fair Value
$33.93
Undervalued by
17.23%
FLEX ($28.08) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
FLEX ($28.08) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
FLEX ($28.08) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

FLEX price to earnings (PE)

For valuing profitable companies with steady earnings
Company
16.42x
Industry
25.75x
Market
41.94x
FLEX is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
FLEX is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

FLEX price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.98x
Industry
3.45x
FLEX is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

FLEX price to earnings growth (PEG)

For valuing profitable companies with growth potential
FLEX is good value based... subscribe to Premium to read more.
PEG Value Valuation

FLEX's financial health

Profit margin

Revenue
$7.1B
Net Income
$197.0M
Profit Margin
2.8%
FLEX's Earnings (EBIT) of $780.00M... subscribe to Premium to read more.
Interest Coverage Financials
FLEX's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$20.4B
Liabilities
$13.9B
Debt to equity
2.33
FLEX's short-term assets ($14.88B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
FLEX's short-term assets ($14.88B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
FLEX's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
FLEX's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$284.0M
Investing
-$117.0M
Financing
-$308.0M
FLEX's operating cash flow ($1.10B)... subscribe to Premium to read more.
Debt Coverage Financials

FLEX vs Electronic Component Stocks

TickerMarket Cap1d %P/EP/B
FLEX$11.83B-1.06%16.42x1.98x
JBL$16.00B-1.05%11.19x6.02x
OLED$7.56B+0.01%37.55x5.22x
FN$6.28B-0.26%24.73x3.90x
LFUS$5.76B-0.02%22.14x2.32x

Flex Stock FAQ

What is Flex's quote symbol?

(NASDAQ: FLEX) Flex trades on the NASDAQ under the ticker symbol FLEX. Flex stock quotes can also be displayed as NASDAQ: FLEX.

If you're new to stock investing, here's how to buy Flex stock.

What is the 52 week high and low for Flex (NASDAQ: FLEX)?

(NASDAQ: FLEX) Flex's 52-week high was $30.93, and its 52-week low was $19.44. It is currently -9.21% from its 52-week high and 44.44% from its 52-week low.

How much is Flex stock worth today?

(NASDAQ: FLEX) Flex currently has 421,163,217 outstanding shares. With Flex stock trading at $28.08 per share, the total value of Flex stock (market capitalization) is $11.83B.

Flex stock was originally listed at a price of $4.31 in Dec 31, 1997. If you had invested in Flex stock at $4.31, your return over the last 26 years would have been 551.21%, for an annualized return of 7.47% (not including any dividends or dividend reinvestments).

How much is Flex's stock price per share?

(NASDAQ: FLEX) Flex stock price per share is $28.08 today (as of Apr 15, 2024).

What is Flex's Market Cap?

(NASDAQ: FLEX) Flex's market cap is $11.83B, as of Apr 16, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Flex's market cap is calculated by multiplying FLEX's current stock price of $28.08 by FLEX's total outstanding shares of 421,163,217.
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