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Flex NasdaqGS:FLEX Stock Report

Last Price

US$27.39

Market Cap

US$11.5b

7D

-4.8%

1Y

30.4%

Updated

18 Mar, 2024

Data

Company Financials +

FLEX Stock Overview

Flex Ltd. provides technology, supply chain, and manufacturing solutions in Asia, the Americas, and Europe.

FLEX fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends0/6

Flex Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Flex
Historical stock prices
Current Share PriceUS$27.39
52 Week HighUS$30.93
52 Week LowUS$19.44
Beta1.19
1 Month Change-2.94%
3 Month Change-8.43%
1 Year Change30.37%
3 Year Change53.96%
5 Year Change174.45%
Change since IPO1,411.17%

Recent News & Updates

Recent updates

Flex: Growth Potential After The Nextracker Spin-Off

Jan 20

Flex (NASDAQ:FLEX) Might Have The Makings Of A Multi-Bagger

Dec 10
Flex (NASDAQ:FLEX) Might Have The Makings Of A Multi-Bagger

Is Now An Opportune Moment To Examine Flex Ltd. (NASDAQ:FLEX)?

Nov 27
Is Now An Opportune Moment To Examine Flex Ltd. (NASDAQ:FLEX)?

Calculating The Fair Value Of Flex Ltd. (NASDAQ:FLEX)

Oct 15
Calculating The Fair Value Of Flex Ltd. (NASDAQ:FLEX)

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

Oct 02
Is Flex (NASDAQ:FLEX) Using Too Much Debt?

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

Aug 27
Flex's (NASDAQ:FLEX) Returns On Capital Are Heading Higher

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

Jul 04
When Should You Buy Flex Ltd. (NASDAQ:FLEX)?

Does Flex (NASDAQ:FLEX) Have A Healthy Balance Sheet?

Jun 20
Does Flex (NASDAQ:FLEX) Have A Healthy Balance Sheet?

Returns At Flex (NASDAQ:FLEX) Are On The Way Up

May 24
Returns At Flex (NASDAQ:FLEX) Are On The Way Up

Are Investors Undervaluing Flex Ltd. (NASDAQ:FLEX) By 32%?

May 10
Are Investors Undervaluing Flex Ltd. (NASDAQ:FLEX) By 32%?

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

Mar 29
When Should You Buy Flex Ltd. (NASDAQ:FLEX)?

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

Mar 16
Is Flex (NASDAQ:FLEX) Using Too Much Debt?

There's Been No Shortage Of Growth Recently For Flex's (NASDAQ:FLEX) Returns On Capital

Feb 22
There's Been No Shortage Of Growth Recently For Flex's (NASDAQ:FLEX) Returns On Capital

Estimating The Fair Value Of Flex Ltd. (NASDAQ:FLEX)

Feb 09
Estimating The Fair Value Of Flex Ltd. (NASDAQ:FLEX)

Should You Investigate Flex Ltd. (NASDAQ:FLEX) At US$21.48?

Dec 25
Should You Investigate Flex Ltd. (NASDAQ:FLEX) At US$21.48?

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

Dec 07
Flex (NASDAQ:FLEX) Has A Somewhat Strained Balance Sheet

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

Nov 24
Flex (NASDAQ:FLEX) Is Looking To Continue Growing Its Returns On Capital

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 37% Undervalued

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

Sep 19
Is Flex Ltd. (NASDAQ:FLEX) Potentially Undervalued?

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

Aug 21
Flex (NASDAQ:FLEX) Hasn't Managed To Accelerate Its Returns

Flex: Shares Are Cheap Following Another Earnings Beat

Aug 02

Is Flex (NASDAQ:FLEX) A Risky Investment?

Jul 24
Is Flex (NASDAQ:FLEX) A Risky Investment?

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

Jun 13
Is It Time To Consider Buying Flex Ltd. (NASDAQ:FLEX)?

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

May 17
Flex (NASDAQ:FLEX) Hasn't Managed To Accelerate Its Returns

Flex: Deeply Discounted Industry Leader With A Potential Spinoff Catalyst

May 02

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

Apr 20
Flex (NASDAQ:FLEX) Takes On Some Risk With Its Use Of Debt

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

Mar 23
Does Flex (NASDAQ:FLEX) Deserve A Spot On Your Watchlist?

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

Mar 08
Why Flex Ltd. (NASDAQ:FLEX) Could Be Worth Watching

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

Feb 16
The Return Trends At Flex (NASDAQ:FLEX) Look Promising

Shareholder Returns

FLEXUS ElectronicUS Market
7D-4.8%-2.3%-0.1%
1Y30.4%15.3%28.4%

Return vs Industry: FLEX exceeded the US Electronic industry which returned 15.3% over the past year.

Return vs Market: FLEX exceeded the US Market which returned 28.4% over the past year.

Price Volatility

Is FLEX's price volatile compared to industry and market?
FLEX volatility
FLEX Average Weekly Movement7.9%
Electronic Industry Average Movement6.8%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: FLEX's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1969172,108Revathi Advaithihttps://www.flex.com

Flex Ltd. provides technology, supply chain, and manufacturing solutions in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. 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 fundamental statistics
Market capUS$11.54b
Earnings (TTM)US$753.00m
Revenue (TTM)US$29.39b

15.3x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FLEX income statement (TTM)
RevenueUS$29.39b
Cost of RevenueUS$26.84b
Gross ProfitUS$2.55b
Other ExpensesUS$1.80b
EarningsUS$753.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.79
Gross Margin8.67%
Net Profit Margin2.56%
Debt/Equity Ratio53.3%

How did FLEX perform over the long term?

See historical performance and comparison
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