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Flex Ltd FLEX

Morningstar Rating
$27.89 +0.09 (0.32%)
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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.

Price vs Fair Value

FLEX is trading at a 8% discount.
Price
$27.90
Fair Value
$62.42
Uncertainty
High
1-Star Price
$55.22
5-Star Price
$59.78
Economic Moat
Hpdcy
Capital Allocation
Qqpkwgfk
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News

Trading Information

Previous Close Price
$27.80
Day Range
$27.2128.08
52-Week Range
$14.2629.02
Bid/Ask
$27.10 / $28.25
Market Cap
$11.75 Bil
Volume/Avg
3.6 Mil / 6.1 Mil

Key Statistics

Price/Earnings (Normalized)
11.02
Price/Sales
0.43
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

Comparables

Valuation

Metric
FLEX
543896
CDA
Price/Earnings (Normalized)
11.0227.10
Price/Book Value
2.006.414.39
Price/Sales
0.433.60
Price/Cash Flow
7.1118.11
Price/Earnings
FLEX
543896
CDA

Financial Strength

Metric
FLEX
543896
CDA
Quick Ratio
0.741.460.73
Current Ratio
1.593.151.81
Interest Coverage
5.526.658.86
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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Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
APH
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HNHPF
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TEL
TE Connectivity LtdDvgxhh$44.2 Bil
MRAAY
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MRAAF
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GLW
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TTDKY
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TTDKF
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JBL
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LFUS
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