(FLEX) Flex - Overview

Sector: Technology | Industry: Electronic Components | Exchange: NASDAQ (USA) | Market Cap: 48.356m USD | Total Return: 218.3% in 12m

Cloud Infrastructure, Medical Devices, Automotive Electronics, Consumer Appliances
Total Rating 69
Safety 83
Buy Signal 1.95
Electronic Components
Industry Rotation: -2.3
Market Cap: 48.4B
Avg Turnover: 806M
Risk 3d forecast
Volatility62.3%
VaR 5th Pctl9.76%
VaR vs Median-5.76%
Reward TTM
Sharpe Ratio2.16
Rel. Str. IBD97.9
Rel. Str. Peer Group83.3
Character TTM
Beta1.961
Beta Downside1.494
Hurst Exponent0.443
Drawdowns 3y
Max DD39.99%
CAGR/Max DD2.81
CAGR/Mean DD16.25
EPS (Earnings per Share) EPS (Earnings per Share) of FLEX over the last years for every Quarter: "2021-03": 0.49, "2021-06": 0.46, "2021-09": 0.48, "2021-12": 0.5, "2022-03": 0.52, "2022-06": 0.54, "2022-09": 0.63, "2022-12": 0.62, "2023-03": 0.57, "2023-06": 0.57, "2023-09": 0.68, "2023-12": 0.71, "2024-03": 0.57, "2024-06": 0.34, "2024-09": 0.64, "2024-12": 0.67, "2025-03": 0.57, "2025-06": 0.72, "2025-09": 0.79, "2025-12": 0.87, "2026-03": 0.93,
EPS CAGR: 8.58%
EPS Trend: 60.8%
Last SUE: 0.93
Qual. Beats: 2
Revenue Revenue of FLEX over the last years for every Quarter: 2021-03: 6266, 2021-06: 6342, 2021-09: 6229, 2021-12: 6619, 2022-03: 6851, 2022-06: 7347, 2022-09: 7766, 2022-12: 7756, 2023-03: 7477, 2023-06: 6892, 2023-09: 6933, 2023-12: 6421, 2024-03: 4505, 2024-06: 6314, 2024-09: 6545, 2024-12: 6556, 2025-03: 6398, 2025-06: 6575, 2025-09: 6804, 2025-12: 7058, 2026-03: 7477,
Rev. CAGR: -1.89%
Rev. Trend: -22.7%
Last SUE: 3.90
Qual. Beats: 2

Warnings

Below Avwap Earnings

Tailwinds

Supp Ema20, Leader, Tailwind, Pullback Swing, Confidence

Description: FLEX Flex

Flex Ltd. is a global provider of design, manufacturing, and supply chain solutions, operating primarily in the Electronic Manufacturing Services (EMS) sector. The company utilizes a diversified business model split into two segments: Flex Agility Solutions, which focuses on high-velocity consumer and communications infrastructure, and Flex Reliability Solutions, which manages complex, regulated production for the automotive, healthcare, and industrial markets.

The EMS industry typically operates on high volume and low margins, requiring significant scale and geographic diversity to mitigate regional supply chain disruptions. Flex addresses these requirements through a lifecycle service suite that includes product engineering, global procurement, and value-added fulfillment across the Americas, Asia, and Europe.

For a deeper look into the companys valuation metrics and historical performance, consider checking ValueRay. This comprehensive service model allows Flex to integrate directly into the capital equipment and medical device sectors, where specialized production environments and long-term reliability are critical to maintaining market share.

Headlines to Watch Out For
  • Hyperscale data center demand fuels high-margin cloud infrastructure revenue growth
  • Automotive electrification and power electronics adoption drive long-term segment expansion
  • Global supply chain diversification mitigates geopolitical risk and manufacturing concentration
  • Transition toward complex reliability solutions improves consolidated operating margins
  • Cyclical consumer electronics spending volatility pressures agility segment performance
Piotroski VR‑10 (Strict) 3.5
Net Income: 880.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA -1.04 > 1.0
NWC/Revenue: 15.46% < 20% (prev 11.59%; Δ 3.87% < -1%)
CFO/TA 0.08 > 3% & CFO 1.69b > Net Income 880.0m
Net Debt (2.04b) to EBITDA (1.71b): 1.19 < 3
Current Ratio: 1.36 > 1.5 & < 3
Outstanding Shares: last quarter (374.0m) vs 12m ago -3.86% < -2%
Gross Margin: 9.32% > 18% (prev 0.08%; Δ 923.4% > 0.5%)
Asset Turnover: 138.0% > 50% (prev 140.4%; Δ -2.39% > 0%)
Interest Coverage Ratio: 2.84 > 6 (EBITDA TTM 1.71b / Interest Expense TTM 215.0m)
Altman Z'' 1.94
A: 0.20 (Total Current Assets 16.33b - Total Current Liabilities 12.02b) / Total Assets 22.06b
B: 0.10 (Retained Earnings 2.16b / Total Assets 22.06b)
C: 0.03 (EBIT TTM 611.0m / Avg Total Assets 20.22b)
D: 0.13 (Book Value of Equity 2.16b / Total Liabilities 16.92b)
Altman-Z'' = 1.94 = BBB
Beneish M -3.07
DSRI: 1.18 (Receivables 4.68b/3.67b, Revenue 27.91b/25.81b)
GMI: 0.90 (GM 9.32% / 8.36%)
AQI: 0.81 (AQ_t 0.12 / AQ_t-1 0.14)
SGI: 1.08 (Revenue 27.91b / 25.81b)
TATA: -0.04 (NI 880.0m - CFO 1.69b) / TA 22.06b)
Beneish M = -3.07 (Cap -4..+1) = AA
What is the price of FLEX shares? As of May 22, 2026, the stock is trading at USD 131.07 with a total of 4,822,980 shares traded.
Over the past week, the price has changed by -8.73%, over one month by +53.95%, over three months by +107.06% and over the past year by +218.29%.
Is FLEX a buy, sell or hold? Flex has received a consensus analysts rating of 4.45. Therefore, it is recommended to buy FLEX.
  • StrongBuy: 6
  • Buy: 4
  • Hold: 1
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the FLEX price?
Analysts Target Price 159 21.3%
Flex (FLEX) - Fundamental Data Overview as of 22 May 2026
P/E Trailing = 56.4464
P/E Forward = 27.248
P/S = 1.802
P/B = 9.0267
P/EG = 0.9351
Revenue TTM = 27.91b USD
EBIT TTM = 611.0m USD
EBITDA TTM = 1.71b USD
Long Term Debt = 3.75b USD (from longTermDebt, last quarter)
Short Term Debt = 675.0m USD (from shortTermDebt, two quarters ago)
Debt = 4.43b USD (corrected: LT Debt 3.75b + ST Debt 675.0m)
Net Debt = 2.04b USD (recalculated: Debt 4.43b - CCE 2.39b)
Enterprise Value = 50.39b USD (48.36b + Debt 4.43b - CCE 2.39b)
Interest Coverage Ratio = 2.84 (Ebit TTM 611.0m / Interest Expense TTM 215.0m)
EV/FCF = 47.90x (Enterprise Value 50.39b / FCF TTM 1.05b)
FCF Yield = 2.09% (FCF TTM 1.05b / Enterprise Value 50.39b)
FCF Margin = 3.77% (FCF TTM 1.05b / Revenue TTM 27.91b)
Net Margin = 3.15% (Net Income TTM 880.0m / Revenue TTM 27.91b)
Gross Margin = 9.32% ((Revenue TTM 27.91b - Cost of Revenue TTM 25.31b) / Revenue TTM)
Gross Margin QoQ = 9.76% (prev 9.71%)
Tobins Q-Ratio = 2.28 (Enterprise Value 50.39b / Total Assets 22.06b)
Interest Expense / Debt = 1.36% (Interest Expense 60.0m / Debt 4.43b)
Taxrate = 20.63% (65.0m / 315.0m)
NOPAT = 484.9m (EBIT 611.0m * (1 - 20.63%))
Current Ratio = 1.36 (Total Current Assets 16.33b / Total Current Liabilities 12.02b)
Debt / Equity = 0.86 (Debt 4.43b / totalStockholderEquity, last quarter 5.14b)
Debt / EBITDA = 1.19 (Net Debt 2.04b / EBITDA 1.71b)
Debt / FCF = 1.94 (Net Debt 2.04b / FCF TTM 1.05b)
Total Stockholder Equity = 5.10b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.35% (Net Income 880.0m / Total Assets 22.06b)
RoE = 17.26% (Net Income TTM 880.0m / Total Stockholder Equity 5.10b)
RoCE = 6.91% (EBIT 611.0m / Capital Employed (Equity 5.10b + L.T.Debt 3.75b))
RoIC = 5.40% (NOPAT 484.9m / Invested Capital 8.99b)
WACC = 11.89% (E(48.36b)/V(52.78b) * Re(12.88%) + D(4.43b)/V(52.78b) * Rd(1.36%) * (1-Tc(0.21)))
Discount Rate = 12.88% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -100.00 | Cagr: -6.59%
[DCF] Terminal Value 69.95% ; FCFF base≈1.06b ; Y1≈1.31b ; Y5≈2.23b
[DCF] Fair Price = 51.66 (EV 21.03b - Net Debt 2.04b = Equity 18.99b / Shares 367.7m; r=11.89% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 60.78 | EPS CAGR: 8.58% | SUE: 0.93 | # QB: 2
Revenue Correlation: -22.69 | Revenue CAGR: -1.89% | SUE: 3.90 | # QB: 2
EPS current Quarter (2026-06-30): EPS=0.91 | Chg30d=+9.80% | Revisions=+56% | Analysts=8
EPS next Quarter (2026-09-30): EPS=0.98 | Chg30d=+11.30% | Revisions=+56% | Analysts=7
EPS current Year (2027-03-31): EPS=4.50 | Chg30d=+23.35% | Revisions=+64% | GrowthEPS=+36.5% | GrowthRev=+19.6%
EPS next Year (2028-03-31): EPS=6.79 | Chg30d=+67.42% | Revisions=+50% | GrowthEPS=+50.7% | GrowthRev=+31.3%
[Analyst] Revisions Ratio: +64%