Flex (BMV:FLEX N) - Stock Price, News & Analysis

FLEX N Stock Overview

Provides manufacturing solutions to various brands in Asia, the Americas, and Europe. More details

FLEX N fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	4/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 2.8% below our estimate of its fair value

Earnings are forecast to grow 19.92% per year

Earnings grew by 42.9% over the past year

Risk Analysis

Shares are highly illiquid

Large one-off items impacting financial results

Significant insider selling over the past 3 months

Flex Ltd. Competitors

Goertek

SZSE:002241

CN¥84.5b

Jabil

NYSE:JBL

US$14.8b

Celestica

TSX:CLS

CA$14.5b

Fabrinet

NYSE:FN

US$8.4b

Price History & Performance

Summary of all time highs, changes and price drops for Flex
Historical stock prices
Current Share Price	US$470.00
52 Week High	US$500.00
52 Week Low	US$394.00
Beta	1.13
11 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	34.25%
5 Year Change	159.67%
Change since IPO	479.17%

Recent updates

Shareholder Returns

	FLEX N	MX Electronic	MX Market
7D	0%	0%	0%
1Y	n/a	0%	0%

Return vs Industry: Insufficient data to determine how FLEX N performed against the MX Electronic industry.

Return vs Market: Insufficient data to determine how FLEX N performed against the MX Market.

Price Volatility

Is FLEX N's price volatile compared to industry and market?
FLEX N volatility
FLEX N Average Weekly Movement	n/a
Electronic Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in MX Market	0%
10% least volatile stocks in MX Market	0%

Stable Share Price: FLEX N has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine FLEX N's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1969	148,115	Revathi Advaithi	www.flex.com

Flex Ltd. provides manufacturing solutions to various brands in Asia, the Americas, and Europe. It operates through two segments, Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise, and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution, including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devices.

Flex Ltd. Fundamentals Summary

How do Flex's earnings and revenue compare to its market cap?
FLEX N fundamental statistics
Market cap	Mex$233.77b
Earnings (TTM)	Mex$11.65b
Revenue (TTM)	Mex$486.22b

20.1x

P/E Ratio

0.5x

P/S Ratio

Is FLEX N overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FLEX N income statement (TTM)
Revenue	US$26.42b
Cost of Revenue	US$24.40b
Gross Profit	US$2.02b
Other Expenses	US$1.39b
Earnings	US$633.00m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.58
Gross Margin	7.65%
Net Profit Margin	2.40%
Debt/Equity Ratio	61.2%

How did FLEX N perform over the long term?

See historical performance and comparison

FLEX N Stock Overview

Rewards

Risk Analysis

Flex Ltd. Competitors

SZSE:002241

CN¥84.5b

NYSE:JBL

US$14.8b

TSX:CLS

CA$14.5b

NYSE:FN

US$8.4b

Price History & Performance

Recent News & Updates

Flex Announces Chief Financial Officer Changes

Flex Ltd. (NasdaqGS:FLEX) completed the acquisition of Crown Technical Systems, Inc for approximately $330 million.

Flex Ltd. (NasdaqGS:FLEX) completed the acquisition of Crown Technical Systems, Inc for approximately $330 million.

Flex Ltd. (NasdaqGS:FLEX) acquired JETCOOL Technologies Inc.

Flex Ltd. Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal 2025

Flex Ltd. (NasdaqGS:FLEX) announced a definitive agreement to acquire Crown Technical Systems, Inc. for approximately $330 million.

Recent updates

Flex Announces Chief Financial Officer Changes

Flex Ltd. (NasdaqGS:FLEX) completed the acquisition of Crown Technical Systems, Inc for approximately $330 million.

Flex Ltd. (NasdaqGS:FLEX) completed the acquisition of Crown Technical Systems, Inc for approximately $330 million.

Flex Ltd. (NasdaqGS:FLEX) acquired JETCOOL Technologies Inc.

Flex Ltd. Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal 2025

Flex Ltd. (NasdaqGS:FLEX) announced a definitive agreement to acquire Crown Technical Systems, Inc. for approximately $330 million.

Flex Ltd. to Report Q2, 2025 Results on Oct 30, 2024

Flex Appoints Michael Hartung as President, Chief Commercial Officer

Flex Ltd. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal 2025

Flex Ltd. to Report Q1, 2025 Results on Jul 24, 2024

Flex Ltd. (NasdaqGS:FLEX) acquired FreeFlow Ltd.

Flex Ltd., Annual General Meeting, Aug 08, 2024

Flex Announces Board Changes

Flex Ltd. to Report Q4, 2024 Results on May 01, 2024

Key Executive recently sold Mex$3.9m worth of stock

President of Flex Agility Solutions recently sold Mex$22m worth of stock

Insider recently sold Mex$70m worth of stock

Third quarter 2024 earnings released: EPS: US$0.46 (vs US$0.51 in 3Q 2023)

Flex Ltd. Provides Earnings Guidance for Fourth Quarter and Fiscal Year 2024

Investor sentiment deteriorates as stock falls 21%

Flex Ltd. to Report Q3, 2024 Results on Jan 31, 2024

Second quarter 2024 earnings released: EPS: US$0.52 (vs US$0.51 in 2Q 2023)

Insider recently sold Mex$70m worth of stock

Flex Ltd. Provides Earnings Guidance for Third Quarter Fiscal 2024 and Fiscal Year 2024

Flex Ltd. to Report Q2, 2024 Results on Oct 25, 2023

Flex Ltd. Provides Earnings Guidance for the Second Quarter of Fiscal 2024 and for the Full Year Fiscal 2024

Flex Ltd. to Report Q1, 2024 Results on Jul 26, 2023

Flex Ltd. to Report Q1, 2024 Results on Jul 26, 2023

Flex Ltd., Annual General Meeting, Aug 02, 2023

Flex Ltd. Provides Earnings Guidance for the First Quarter and Fiscal Year 2024

High number of new directors

Flex Ltd. Provides Earnings Guidance for the Fourth Quarter and Full Year of the Fiscal 2023

Flex Ltd. to Report Q3, 2023 Results on Jan 25, 2023

Flex Ltd. (NasdaqGS:FLEX) announces an Equity Buyback for $1,000 million worth of its shares.

Flex Ltd. Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal Year 2023

Flex Ltd. to Report Q2, 2023 Results on Oct 26, 2022

Flex Appoints Maryrose T. Sylvester to the Board of Directors, Effective September 23, 2022

Flex Appoints Christopher Butler as President, Industrial Business

First quarter 2023 earnings released: EPS: US$0.40 (vs US$0.42 in 1Q 2022)

Flex Ltd. Revises Earnings Guidance for the Fiscal Year 2023

Flex Ltd. to Report Q1, 2023 Results on Jul 27, 2022

Insider recently sold Mex$1.9m worth of stock

CEO & Director recently sold Mex$14m worth of stock

CEO & Director recently sold Mex$19m worth of stock

Full year 2022 earnings released: EPS: US$1.94 (vs US$1.23 in FY 2021)

Flex Ltd. Provides Earnings Guidance for the First Quarter of Fiscal Year 2023; Provides Earnings Guidance for the Year 2023

Flex Ltd. to Report Q4, 2022 Results on May 04, 2022

Flex Ltd. Reaffirms Earnings Guidance for the Fiscal Fourth Quarter and Fiscal Year 2022

High number of new directors

Flex Announces Appointment of Becky Sidelinger as New President of Reliability Solutions

Flex Ltd. Announces Executive Changes

Flex Announces New Presidents of Health Solutions and Consumer Devices Business Units

High number of new directors

Flex Ltd. Appoints Patrick J. Ward as Board of Director

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Flex Ltd. (NasdaqGS:FLEX) completed the acquisition of Anord Mardix Inc. from Bertram Capital Management, LLC.

Second quarter 2022 earnings released: EPS US$0.69 (vs US$0.23 in 2Q 2021)

High number of new directors

Chief Financial Officer recently sold Mex$21m worth of stock