Flex Ltd.

NasdaqGS:FLEX Stock Report

Market Cap: US$14.4b

Flex Valuation

Is FLEX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of FLEX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FLEX ($37.2) is trading below our estimate of fair value ($39.48)

Significantly Below Fair Value: FLEX is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FLEX?

Key metric: As FLEX is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for FLEX. This is calculated by dividing FLEX's market cap by their current earnings.
What is FLEX's PE Ratio?
PE Ratio17.2x
EarningsUS$841.00m
Market CapUS$14.43b

Price to Earnings Ratio vs Peers

How does FLEX's PE Ratio compare to its peers?

The above table shows the PE ratio for FLEX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.7x
JBL Jabil
10.4x-16.7%US$14.5b
FN Fabrinet
27.6x14.5%US$8.5b
TEL TE Connectivity
13.9x-3.2%US$44.4b
SANM Sanmina
18.9x18.5%US$4.2b
FLEX Flex
17.2x13.9%US$14.4b

Price-To-Earnings vs Peers: FLEX is good value based on its Price-To-Earnings Ratio (17.2x) compared to the peer average (17.7x).

Price to Earnings Ratio vs Industry

How does FLEX's PE Ratio compare vs other companies in the US Electronic Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
SHMD SCHMID Group
3.1xn/aUS$119.90m
DSWL Deswell Industries
4xn/aUS$41.27m
SGE Strong Global Entertainment
3.8xn/aUS$12.27m
SPEC Spectaire Holdings
0.04xn/aUS$976.88k
FLEX 17.2xIndustry Avg. 23.6xNo. of Companies10PE01632486480+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FLEX is good value based on its Price-To-Earnings Ratio (17.2x) compared to the US Electronic industry average (23.2x).

Price to Earnings Ratio vs Fair Ratio

What is FLEX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FLEX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.2x
Fair PE Ratio26.9x

Price-To-Earnings vs Fair Ratio: FLEX is good value based on its Price-To-Earnings Ratio (17.2x) compared to the estimated Fair Price-To-Earnings Ratio (26.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst FLEX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$37.20
US$40.90
+9.9%
8.1%US$45.00US$33.21n/a8
Nov ’25US$35.48
US$40.53
+14.2%
8.8%US$45.00US$33.21n/a8
Oct ’25US$32.72
US$37.60
+14.9%
5.3%US$39.00US$33.21n/a7
Sep ’25US$32.49
US$38.03
+17.1%
6.6%US$42.00US$33.21n/a7
Aug ’25US$30.67
US$37.92
+23.6%
7.2%US$42.00US$32.46n/a7
Jul ’25US$29.66
US$33.07
+11.5%
8.8%US$37.00US$27.00n/a7
Jun ’25US$33.13
US$32.35
-2.4%
7.1%US$34.00US$27.00n/a7
May ’25US$26.34
US$32.20
+22.3%
8.7%US$37.00US$28.00n/a7
Apr ’25US$28.44
US$31.35
+10.2%
8.4%US$37.00US$28.00n/a7
Mar ’25US$29.00
US$30.20
+4.2%
4.5%US$32.00US$28.00n/a7
Feb ’25US$25.04
US$30.50
+21.8%
7.4%US$34.49US$28.00n/a7
Jan ’25US$30.46
US$33.78
+10.9%
3.5%US$35.00US$32.00n/a7
Dec ’24US$25.98
US$33.29
+28.1%
3.5%US$35.00US$32.00n/a7
Nov ’24US$25.78
US$33.29
+29.1%
3.5%US$35.00US$32.00US$35.487
Oct ’24US$26.98
US$32.43
+20.2%
4.3%US$35.00US$31.00US$32.727
Sep ’24US$27.51
US$32.57
+18.4%
5.2%US$36.00US$31.00US$32.497
Aug ’24US$27.33
US$32.67
+19.5%
5.5%US$36.00US$31.00US$30.676
Jul ’24US$27.64
US$29.17
+5.5%
10.0%US$34.00US$25.00US$29.666
Jun ’24US$25.54
US$29.17
+14.2%
10.0%US$34.00US$25.00US$33.136
May ’24US$20.70
US$28.33
+36.9%
7.5%US$31.00US$25.00US$26.346
Apr ’24US$23.01
US$28.33
+23.1%
7.5%US$31.00US$25.00US$28.446
Mar ’24US$22.77
US$28.29
+24.2%
7.0%US$31.00US$25.00US$29.007
Feb ’24US$23.78
US$28.29
+18.9%
7.0%US$31.00US$25.00US$25.047
Jan ’24US$21.46
US$25.00
+16.5%
10.7%US$31.00US$23.00US$30.467
Dec ’23US$21.87
US$24.14
+10.4%
12.2%US$31.00US$22.00US$25.987
Nov ’23US$19.88
US$24.14
+21.4%
12.2%US$31.00US$22.00US$25.787

Analyst Forecast: Target price is less than 20% higher than the current share price.

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