Flex Ltd FLEX
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
Flex Schedules Combined Fourth Quarter and Fiscal 2024 Earnings Call with 2024 Virtual Investor and Analyst Day
-
Flex Earns Coveted Spot on Ethisphere's 2024 World's Most Ethical Companies® for Second Consecutive Year
-
Flex to Participate in Upcoming Investor Conference
-
Flex Ltd. Up Over 10%, on Pace for Largest Percent Increase Since October 2020 — Data Talk
-
Nextracker to Separate From Flex Following Spinoff of Interests to Shareholders
-
Biden talks up companies' solar-power partnership in South Carolina, criticizes Republicans for opposing green spending
Trading Information
- Previous Close Price
- $28.52
- Day Range
- $28.26–28.98
- 52-Week Range
- $14.26–30.93
- Bid/Ask
- $25.77 / $29.78
- Market Cap
- $11.99 Bil
- Volume/Avg
- 2.2 Mil / 4.5 Mil
Key Statistics
- Price/Earnings (Normalized)
- 10.92
- Price/Sales
- 0.42
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Flex Ltd is a contract manufacturing company providing comprehensive electronics design, manufacturing, and product management services to global electronics and technology companies. The company's operating segments include Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. Flex Agility Solutions segment includes markets such as Communications, Enterprise and Cloud; Lifestyle; and Consumer Devices. Flex Reliability Solutions segment includes markets such as Automotive, Health Solutions, and Industrial. The Nextracker segment provides solar tracker technologies that optimize and increase energy production. The company's geographical segments include China, Mexico, the United States, Brazil, Malaysia, Hungary, and Others.
- Sector
- Technology
- Industry
- Electronic Components
- Stock Style Box
- Large Core
- Total Number of Employees
- 172,000
- Website
- https://www.flex.com
Comparables
Valuation
|
Metric
|
FLEX
|
543896
|
CDA
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.92 | — | 29.29 |
Price/Book Value | 1.98 | 6.35 | 4.75 |
Price/Sales | 0.42 | — | 3.89 |
Price/Cash Flow | 7.05 | — | 19.58 |
Price/Earnings
FLEX
543896
CDA
Financial Strength
|
Metric
|
FLEX
|
543896
|
CDA
|
|---|---|---|---|
Quick Ratio | 0.74 | 1.46 | 0.73 |
Current Ratio | 1.59 | 3.15 | 1.81 |
Interest Coverage | 5.52 | 6.65 | 8.86 |
Quick Ratio
FLEX
543896
CDA
Profitability
|
Metric
|
FLEX
|
543896
|
CDA
|
|---|---|---|---|
Return on Assets (Normalized) | 5.41% | 6.32% | 10.79% |
Return on Equity (Normalized) | 20.84% | 47.29% | 18.58% |
Return on Invested Capital (Normalized) | 12.69% | 12.38% | 15.73% |
Return on Assets
FLEX
543896
CDA
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