company background image
FLEX logo

Flex NasdaqGS:FLEX Stock Report

Last Price

US$30.67

Market Cap

US$12.8b

7D

-0.9%

1Y

14.8%

Updated

01 Aug, 2024

Data

Company Financials +

Flex Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Flex
Historical stock prices
Current Share PriceUS$30.67
52 Week HighUS$34.12
52 Week LowUS$21.84
Beta1.11
11 Month Change4.07%
3 Month Change9.93%
1 Year Change14.83%
33 Year Change74.76%
5 Year Change191.26%
Change since IPO1,592.14%

Recent News & Updates

Shareholders May Not Be So Generous With Flex Ltd.'s (NASDAQ:FLEX) CEO Compensation And Here's Why

Aug 01
Shareholders May Not Be So Generous With Flex Ltd.'s (NASDAQ:FLEX) CEO Compensation And Here's Why

Flex Ltd. (NASDAQ:FLEX) Shares Could Be 30% Below Their Intrinsic Value Estimate

Jul 11
Flex Ltd. (NASDAQ:FLEX) Shares Could Be 30% Below Their Intrinsic Value Estimate

Recent updates

Shareholders May Not Be So Generous With Flex Ltd.'s (NASDAQ:FLEX) CEO Compensation And Here's Why

Aug 01
Shareholders May Not Be So Generous With Flex Ltd.'s (NASDAQ:FLEX) CEO Compensation And Here's Why

Flex Ltd. (NASDAQ:FLEX) Shares Could Be 30% Below Their Intrinsic Value Estimate

Jul 11
Flex Ltd. (NASDAQ:FLEX) Shares Could Be 30% Below Their Intrinsic Value Estimate

Flex Provides Exposure To 2 Verticals That Have Strong Secular Tailwinds

Jul 02

Why We're Not Concerned About Flex Ltd.'s (NASDAQ:FLEX) Share Price

Jun 21
Why We're Not Concerned About Flex Ltd.'s (NASDAQ:FLEX) Share Price

Flex (NASDAQ:FLEX) Has A Pretty Healthy Balance Sheet

Apr 06
Flex (NASDAQ:FLEX) Has A Pretty Healthy Balance Sheet

Flex Ltd.: Undervalued With Solid Fundamentals

Apr 04

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?

Shareholder Returns

FLEXUS ElectronicUS Market
7D-0.9%1.1%2.1%
1Y14.8%16.1%20.5%

Return vs Industry: FLEX underperformed the US Electronic industry which returned 16.1% over the past year.

Return vs Market: FLEX underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is FLEX's price volatile compared to industry and market?
FLEX volatility
FLEX Average Weekly Movement5.4%
Electronic Industry Average Movement6.3%
Market Average Movement6.0%
10% most volatile stocks in US Market14.6%
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 (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1969148,115Revathi Advaithiwww.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 fundamental statistics
Market capUS$12.77b
Earnings (TTM)US$650.00m
Revenue (TTM)US$25.84b

18.7x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FLEX income statement (TTM)
RevenueUS$25.84b
Cost of RevenueUS$23.82b
Gross ProfitUS$2.01b
Other ExpensesUS$1.36b
EarningsUS$650.00m

Last Reported Earnings

Jun 28, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.64
Gross Margin7.80%
Net Profit Margin2.52%
Debt/Equity Ratio64.4%

How did FLEX perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.