Flex (NasdaqGS:FLEX) Stock Price & Quote Analysis

FLEX fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	2/6
Financial Health	5/6
Dividends	0/6

FLEX Stock Overview

Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers in Asia, the Americas, and Europe.

Rewards

Trading at 24% below our estimate of its fair value

Earnings are forecast to grow 7.13% per year

Trading at good value compared to peers and industry

Risk Analysis

Significant insider selling over the past 3 months

Flex Ltd. Competitors

Jabil

NYSE:JBL

US$9.5b

IPG Photonics

NasdaqGS:IPGP

US$4.3b

Fabrinet

NYSE:FN

US$4.7b

Sanmina

NasdaqGS:SANM

US$3.7b

Price History & Performance

Summary of all time highs, changes and price drops for Flex
Historical stock prices
Current Share Price	US$21.56
52 Week High	US$22.21
52 Week Low	US$13.63
Beta	1.48
1 Month Change	11.77%
3 Month Change	13.71%
1 Year Change	23.62%
3 Year Change	86.91%
5 Year Change	20.65%
Change since IPO	1,089.52%

Flex (NASDAQ:FLEX) Has A Somewhat Strained Balance Sheet

Dec 07

Flex (NASDAQ:FLEX) Is Looking To Continue Growing Its Returns On Capital

Nov 24

An Intrinsic Calculation For Flex Ltd. (NASDAQ:FLEX) Suggests It's 37% Undervalued

Nov 10

Recent updates

Flex (NASDAQ:FLEX) Has A Somewhat Strained Balance Sheet

Dec 07

Flex (NASDAQ:FLEX) Is Looking To Continue Growing Its Returns On Capital

Nov 24

An Intrinsic Calculation For Flex Ltd. (NASDAQ:FLEX) Suggests It's 37% Undervalued

Nov 10

An Intrinsic Calculation For Flex Ltd. (NASDAQ:FLEX) Suggests It's 47% Undervalued

May 14

Flex (NASDAQ:FLEX) Hasn't Managed To Accelerate Its Returns

Apr 30

Flex (NASDAQ:FLEX) Has A Somewhat Strained Balance Sheet

Mar 04

Are Flex's (NASDAQ:FLEX) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Feb 14

Is It Time To Consider Buying Flex Ltd. (NASDAQ:FLEX)?

Jan 30

Results: Flex Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts

Jan 30

Shareholder Returns

	FLEX	US Electronic	US Market
7D	-1.9%	-3.1%	-3.7%
1Y	23.6%	-20.6%	-21.2%

Return vs Industry: FLEX exceeded the US Electronic industry which returned -20.3% over the past year.

Return vs Market: FLEX exceeded the US Market which returned -20.6% over the past year.

Price Volatility

Is FLEX's price volatile compared to industry and market?
FLEX volatility
FLEX Average Weekly Movement	5.4%
Electronic Industry Average Movement	7.7%
Market Average Movement	7.4%
10% most volatile stocks in US Market	15.6%
10% least volatile stocks in US Market	3.3%

Stable Share Price: FLEX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: FLEX's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1990	172,648	Revathi Advaithi	https://www.flex.com

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.

Flex Ltd. Fundamentals Summary

How do Flex's earnings and revenue compare to its market cap?
FLEX fundamental statistics
Market Cap	US$9.76b
Earnings (TTM)	US$815.00m
Revenue (TTM)	US$28.58b

12.0x

P/E Ratio

0.3x

P/S Ratio

Is FLEX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
FLEX income statement (TTM)
Revenue	US$28.58b
Cost of Revenue	US$26.46b
Gross Profit	US$2.13b
Other Expenses	US$1.31b
Earnings	US$815.00m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	1.80
Gross Margin	7.44%
Net Profit Margin	2.85%
Debt/Equity Ratio	93.6%

How did FLEX perform over the long term?

See historical performance and comparison

FLEX Stock Overview

Rewards

Risk Analysis

Flex Ltd. Competitors

NYSE:JBL

US$9.5b

NasdaqGS:IPGP

US$4.3b

NYSE:FN

US$4.7b

NasdaqGS:SANM

US$3.7b

Price History & Performance

Recent News & Updates

Flex (NASDAQ:FLEX) Has A Somewhat Strained Balance Sheet

President of Flex Agility Solutions notifies of intention to sell stock

Flex (NASDAQ:FLEX) Is Looking To Continue Growing Its Returns On Capital

President of Flex Agility Solutions notifies of intention to sell stock

High number of new directors

An Intrinsic Calculation For Flex Ltd. (NASDAQ:FLEX) Suggests It's 37% Undervalued

Recent updates

Flex (NASDAQ:FLEX) Has A Somewhat Strained Balance Sheet

President of Flex Agility Solutions notifies of intention to sell stock

Flex (NASDAQ:FLEX) Is Looking To Continue Growing Its Returns On Capital

President of Flex Agility Solutions notifies of intention to sell stock

High number of new directors

An Intrinsic Calculation For Flex Ltd. (NASDAQ:FLEX) Suggests It's 37% Undervalued

President of Flex Agility Solutions notifies of intention to sell stock

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

High number of new directors

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

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

High number of new directors

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

Is Flex Ltd. (NASDAQ:FLEX) Potentially Undervalued?

Chief Financial Officer recently sold US$1.0m worth of stock

Flex Appoints Christopher Butler as President, Industrial Business

Flex (NASDAQ:FLEX) Hasn't Managed To Accelerate Its Returns

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Flex Ltd. Revises Earnings Guidance for the Fiscal Year 2023

Is Flex (NASDAQ:FLEX) A Risky Investment?

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

Insider recently sold US$97k worth of stock

CEO & Director recently sold US$726k worth of stock

Is It Time To Consider Buying Flex Ltd. (NASDAQ:FLEX)?

CEO & Director recently sold US$972k worth of stock

Flex (NASDAQ:FLEX) Hasn't Managed To Accelerate Its Returns

Full year 2022 earnings: EPS in line with analyst expectations despite revenue beat

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

Flex (NASDAQ:FLEX) Takes On Some Risk With Its Use Of Debt

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

Does Flex (NASDAQ:FLEX) Deserve A Spot On Your Watchlist?

Why Flex Ltd. (NASDAQ:FLEX) Could Be Worth Watching

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

CEO & Director recently sold US$553k worth of stock

Flex Ltd. Announces Executive Changes

The Return Trends At Flex (NASDAQ:FLEX) Look Promising

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 and revenues exceed analyst expectations

Is Flex (NASDAQ:FLEX) Using Too Much Debt?

High number of new directors

Should You Be Adding Flex (NASDAQ:FLEX) To Your Watchlist Today?

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

Should You Investigate Flex Ltd. (NASDAQ:FLEX) At US$17.56?

Flex's (NASDAQ:FLEX) Returns On Capital Are Heading Higher

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

Is Flex (NASDAQ:FLEX) A Risky Investment?

Chief Financial Officer recently sold US$1.1m worth of stock

Is Now The Time To Put Flex (NASDAQ:FLEX) On Your Watchlist?

When Should You Buy Flex Ltd. (NASDAQ:FLEX)?

Is There An Opportunity With Flex Ltd.'s (NASDAQ:FLEX) 41% Undervaluation?

Returns On Capital At Flex (NASDAQ:FLEX) Have Stalled

First quarter 2022 earnings released: EPS US$0.41 (vs US$0.10 in 1Q 2021)

Key Executive recently sold US$185k worth of stock

CEO & Director recently sold US$896k worth of stock