Flex Ltd. Statistics
Total Valuation
Flex Ltd. has a market cap or net worth of $14.98 billion. The enterprise value is $16.57 billion.
Important Dates
The next estimated earnings date is Wednesday, January 29, 2025, after market close.
| Earnings Date | Jan 29, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Flex Ltd. has 387.78 million shares outstanding. The number of shares has decreased by -8.44% in one year.
| Current Share Class | 387.78M |
| Shares Outstanding | 387.78M |
| Shares Change (YoY) | -8.44% |
| Shares Change (QoQ) | -2.68% |
| Owned by Insiders (%) | 0.61% |
| Owned by Institutions (%) | 102.93% |
| Float | 385.41M |
Valuation Ratios
The trailing PE ratio is 19.25 and the forward PE ratio is 14.71. Flex Ltd.'s PEG ratio is 1.08.
| PE Ratio | 19.25 |
| Forward PE | 14.71 |
| PS Ratio | 0.62 |
| Forward PS | 0.58 |
| PB Ratio | 3.01 |
| P/TBV Ratio | 4.12 |
| P/FCF Ratio | 12.52 |
| P/OCF Ratio | 9.24 |
| PEG Ratio | 1.08 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 10.36, with an EV/FCF ratio of 13.84.
| EV / Earnings | 17.53 |
| EV / Sales | 0.65 |
| EV / EBITDA | 10.36 |
| EV / EBIT | 15.35 |
| EV / FCF | 13.84 |
Financial Position
The company has a current ratio of 1.43, with a Debt / Equity ratio of 0.84.
| Current Ratio | 1.43 |
| Quick Ratio | 0.72 |
| Debt / Equity | 0.84 |
| Debt / EBITDA | 2.34 |
| Debt / FCF | 3.50 |
| Interest Coverage | 5.11 |
Financial Efficiency
Return on equity (ROE) is 15.44% and return on invested capital (ROIC) is 6.93%.
| Return on Equity (ROE) | 15.44% |
| Return on Assets (ROA) | 3.41% |
| Return on Capital (ROIC) | 6.93% |
| Revenue Per Employee | $147,959 |
| Profits Per Employee | $5,494 |
| Employee Count | 172,000 |
| Asset Turnover | 1.29 |
| Inventory Turnover | 3.71 |
Taxes
| Income Tax | -152.00M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +71.43% in the last 52 weeks. The beta is 1.09, so Flex Ltd.'s price volatility has been similar to the market average.
| Beta (5Y) | 1.09 |
| 52-Week Price Change | +71.43% |
| 50-Day Moving Average | 37.37 |
| 200-Day Moving Average | 32.07 |
| Relative Strength Index (RSI) | 53.83 |
| Average Volume (20 Days) | 6,730,869 |
Short Selling Information
The latest short interest is 18.51 million, so 4.77% of the outstanding shares have been sold short.
| Short Interest | 18.51M |
| Short Previous Month | 9.84M |
| Short % of Shares Out | 4.77% |
| Short % of Float | 4.80% |
| Short Ratio (days to cover) | 2.79 |
Income Statement
In the last 12 months, Flex Ltd. had revenue of $25.45 billion and earned $945.00 million in profits. Earnings per share was $2.26.
| Revenue | 25.45B |
| Gross Profit | 2.04B |
| Operating Income | 1.08B |
| Pretax Income | 778.00M |
| Net Income | 945.00M |
| EBITDA | 1.60B |
| EBIT | 1.08B |
| Earnings Per Share (EPS) | $2.26 |
Full Income StatementBalance Sheet
The company has $2.60 billion in cash and $4.19 billion in debt, giving a net cash position of -$1.58 billion or -$4.08 per share.
| Cash & Cash Equivalents | 2.60B |
| Total Debt | 4.19B |
| Net Cash | -1.58B |
| Net Cash Per Share | -$4.08 |
| Equity (Book Value) | 5.00B |
| Book Value Per Share | 12.84 |
| Working Capital | 4.05B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $1.62 billion and capital expenditures -$425.00 million, giving a free cash flow of $1.20 billion.
| Operating Cash Flow | 1.62B |
| Capital Expenditures | -425.00M |
| Free Cash Flow | 1.20B |
| FCF Per Share | $3.09 |
Full Cash Flow StatementMargins
Gross margin is 8.01%, with operating and profit margins of 4.24% and 3.71%.
| Gross Margin | 8.01% |
| Operating Margin | 4.24% |
| Pretax Margin | 2.85% |
| Profit Margin | 3.71% |
| EBITDA Margin | 6.28% |
| EBIT Margin | 4.24% |
| FCF Margin | 4.70% |
Dividends & Yields
Flex Ltd. does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 8.44% |
| Shareholder Yield | 8.44% |
| Earnings Yield | 6.31% |
| FCF Yield | 7.99% |
Dividend DetailsAnalyst Forecast
The average price target for Flex Ltd. is $42.67, which is 10.43% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $42.67 |
| Price Target Difference | 10.43% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on October 17, 2000. It was a forward split with a ratio of 2:1.
| Last Split Date | Oct 17, 2000 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Flex Ltd. has an Altman Z-Score of 2.41 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.41 |
| Piotroski F-Score | 6 |