Overview Dividends

(FLEX) Flex - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: SG9999000020

Data Center, Communications, Consumer Devices, Automotive, Medical Devices

FLEX EPS (Earnings per Share)

EPS Growth (3Y CAGR): 9.21%
EPS Trend (3Y Correlation): 22.8%

FLEX Revenue

Revenue Growth (3Y CAGR): -4.65%
Revenue Trend (3Y Correlation): -28.4%

Risk via 10d forecast
Volatility	41.1%
Value at Risk 5%th	65.0%

Reward
Sharpe Ratio	1.11
Alpha Jensen	34.90

Character
Hurst Exponent	0.435
Beta	1.239

Drawdowns 3y
Max DD	39.99%
Mean DD	6.62%

Description: FLEX Flex October 16, 2025

Flex Ltd. (NASDAQ:FLEX) is a global contract manufacturer that delivers technology-focused supply-chain and production services across a broad portfolio of end-markets, including data-center, communications, enterprise, consumer, automotive, industrial, healthcare, and power sectors.

The company operates through two primary segments. Flex Agility Solutions (FAS) targets high-volume, rapidly evolving product lines such as cloud-infrastructure equipment, smart-home appliances, and fast-turn consumer electronics. Flex Reliability Solutions (FRS) focuses on lower-volume, high-complexity projects like industrial capital equipment, automotive compute platforms, and regulated medical devices.

Beyond core manufacturing, Flex offers end-to-end services that span product design, engineering, procurement, logistics, and value-added fulfillment (e.g., warehousing, vendor-managed inventory, and omni-channel distribution). Its footprint spans the Americas, Europe, and Asia, with major facilities in China, Mexico, and the United States.

Key recent metrics (FY 2023): revenue of $27.5 billion, year-over-year growth of 4.2 % driven largely by data-center and automotive demand; adjusted EBITDA margin of 5.1 % (down from 6.3 % in FY 2022) reflecting higher labor costs in Asia; and a backlog of $14 billion, indicating a solid order pipeline but also exposure to macro-economic cycles in the electronics sector. The company’s earnings are sensitive to semiconductor supply constraints, freight-cost volatility, and the pace of AI-driven data-center expansion, which historically adds 1-2 % to contract manufacturing revenue growth per 10 % increase in global AI spend.

For a deeper, data-driven assessment of Flex’s valuation and risk profile, you may find the analyst tools on ValueRay useful for building a more granular financial model.

FLEX Stock Overview

Market Cap in USD	23,164m
Sub-Industry	Electronic Manufacturing Services
IPO / Inception	1994-03-18
Return 12m vs S&P 500	36.5%
Analyst Rating	4.45 of 5

FLEX Dividends

Currently no dividends paid

FLEX Growth Ratios

CAGR	89.99%
CAGR/Max DD Calmar Ratio	2.25
CAGR/Mean DD Pain Ratio	13.60
Current Volume	3806.4k
Average Volume	4351.8k

Piotroski VR‑10 (Strict, 0-10) 6.5

Net Income (876.0m TTM) > 0 and > 6% of Revenue (6% = 1.58b TTM)

FCFTA 0.06 (>2.0%) and ΔFCFTA -0.35pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 13.17% (prev 17.01%; Δ -3.84pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.09 (>3.0%) and CFO 1.70b > Net Income 876.0m (YES >=105%, WARN >=100%)

Net Debt (2.04b) to EBITDA (1.87b) ratio: 1.09 <= 3.0 (WARN <= 3.5)

Current Ratio 1.33 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (380.0m) change vs 12m ago -5.0% (target <= -2.0% for YES)

Gross Margin 8.90% (prev 5.91%; Δ 2.99pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 138.1% (prev 128.0%; Δ 10.14pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 6.47 (EBITDA TTM 1.87b / Interest Expense TTM 199.0m) >= 6 (WARN >= 3)

Altman Z'' 2.09

(A) 0.18 = (Total Current Assets 13.84b - Total Current Liabilities 10.37b) / Total Assets 19.55b

(B) 0.07 = Retained Earnings (Balance) 1.28b / Total Assets 19.55b

(D) 0.25 = Book Value of Equity 3.56b / Total Liabilities 14.51b

Total Rating: 2.09 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 61.93

1. Piotroski 6.50pt = 1.50

2. FCF Yield 4.72% = 2.36

3. FCF Margin 4.52% = 1.13

4. Debt/Equity 0.85 = 2.15

5. Debt/Ebitda 1.09 = 1.63

6. ROIC - WACC (= 2.15)% = 2.69

7. RoE 17.42% = 1.45

8. Rev. Trend -28.38% = -2.13

9. EPS Trend 22.85% = 1.14

What is the price of FLEX shares?

As of November 12, 2025, the stock is trading at USD 61.52 with a total of 3,806,444 shares traded.
Over the past week, the price has changed by -0.47%, over one month by +4.57%, over three months by +22.65% and over the past year by +57.58%.

Is Flex a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Flex is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 61.93 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FLEX is around 95.77 USD . This means that FLEX is currently undervalued and has a potential upside of +55.67% (Margin of Safety).

Is FLEX a buy, sell or hold?

Flex has received a consensus analysts rating of 4.45. Therefore, it is recommended to buy FLEX.

Strong Buy: 6
Buy: 4
Hold: 1
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the FLEX price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	74.4	20.9%
Analysts Target Price	74.4	20.9%
ValueRay Target Price	107.3	74.5%

FLEX Fundamental Data Overview November 10, 2025

Market Cap USD = 23.16b (23.16b USD * 1.0 USD.USD)
P/E Trailing = 27.5947
P/E Forward = 18.4502
P/S = 0.8796
P/B = 4.2686
P/EG = 0.97
Beta = 1.239
Revenue TTM = 26.33b USD
EBIT TTM = 1.29b USD
EBITDA TTM = 1.87b USD
Long Term Debt = 2.48b USD (from longTermDebt, last fiscal year)
Short Term Debt = 676.0m USD (from shortTermDebt, last quarter)
Debt = 4.29b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.04b USD (from netDebt column, last quarter)
Enterprise Value = 25.21b USD (23.16b + Debt 4.29b - CCE 2.25b)
Interest Coverage Ratio = 6.47 (Ebit TTM 1.29b / Interest Expense TTM 199.0m)
FCF Yield = 4.72% (FCF TTM 1.19b / Enterprise Value 25.21b)
FCF Margin = 4.52% (FCF TTM 1.19b / Revenue TTM 26.33b)
Net Margin = 3.33% (Net Income TTM 876.0m / Revenue TTM 26.33b)
Gross Margin = 8.90% ((Revenue TTM 26.33b - Cost of Revenue TTM 23.99b) / Revenue TTM)
Gross Margin QoQ = 9.02% (prev 8.70%)
Tobins Q-Ratio = 1.29 (Enterprise Value 25.21b / Total Assets 19.55b)
Interest Expense / Debt = 1.21% (Interest Expense 52.0m / Debt 4.29b)
Taxrate = 24.05% (63.0m / 262.0m)
NOPAT = 977.5m (EBIT 1.29b * (1 - 24.05%))
Current Ratio = 1.33 (Total Current Assets 13.84b / Total Current Liabilities 10.37b)
Debt / Equity = 0.85 (Debt 4.29b / totalStockholderEquity, last quarter 5.04b)
Debt / EBITDA = 1.09 (Net Debt 2.04b / EBITDA 1.87b)
Debt / FCF = 1.72 (Net Debt 2.04b / FCF TTM 1.19b)
Total Stockholder Equity = 5.03b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.48% (Net Income 876.0m / Total Assets 19.55b)
RoE = 17.42% (Net Income TTM 876.0m / Total Stockholder Equity 5.03b)
RoCE = 17.13% (EBIT 1.29b / Capital Employed (Equity 5.03b + L.T.Debt 2.48b))
RoIC = 11.22% (NOPAT 977.5m / Invested Capital 8.71b)
WACC = 9.07% (E(23.16b)/V(27.46b) * Re(10.58%) + D(4.29b)/V(27.46b) * Rd(1.21%) * (1-Tc(0.24)))
Discount Rate = 10.58% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -6.64%
[DCF Debug] Terminal Value 73.64% ; FCFE base≈1.19b ; Y1≈1.47b ; Y5≈2.51b
Fair Price DCF = 75.80 (DCF Value 28.03b / Shares Outstanding 369.8m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 22.85 | EPS CAGR: 9.21% | SUE: 0.55 | # QB: 0
Revenue Correlation: -28.38 | Revenue CAGR: -4.65% | SUE: 0.28 | # QB: 0

Additional Sources for FLEX Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle