Flex Ltd. Statistics
Total Valuation
Flex Ltd. has a market cap or net worth of $11.58 billion. The enterprise value is $12.86 billion.
| Market Cap | 11.58B |
| Enterprise Value | 12.86B |
Important Dates
The next confirmed earnings date is Wednesday, July 24, 2024, before market open.
| Earnings Date | Jul 24, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Flex Ltd. has 398.80 million shares outstanding. The number of shares has decreased by -4.55% in one year.
| Shares Outstanding | 398.80M |
| Shares Change (YoY) | -4.55% |
| Shares Change (QoQ) | -2.29% |
| Owned by Insiders (%) | 0.82% |
| Owned by Institutions (%) | 102.36% |
| Float | 398.45M |
Valuation Ratios
The trailing PE ratio is 12.74 and the forward PE ratio is 12.63. Flex Ltd.'s PEG ratio is 0.97.
| PE Ratio | 12.74 |
| Forward PE | 12.63 |
| PS Ratio | 0.44 |
| Forward PS | 0.44 |
| PB Ratio | 2.17 |
| P/FCF Ratio | 14.11 |
| PEG Ratio | 0.97 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.64, with an EV/FCF ratio of 15.66.
| EV / Earnings | 12.78 |
| EV / Sales | 0.49 |
| EV / EBITDA | 7.64 |
| EV / EBIT | 12.77 |
| EV / FCF | 15.66 |
Financial Position
The company has a current ratio of 1.52, with a Debt / Equity ratio of 0.70.
| Current Ratio | 1.52 |
| Quick Ratio | 0.64 |
| Debt / Equity | 0.70 |
| Debt / EBITDA | 2.23 |
| Debt / FCF | 4.57 |
| Interest Coverage | 4.86 |
Financial Efficiency
Return on equity (ROE) is 17.80% and return on invested capital (ROIC) is 11.82%.
| Return on Equity (ROE) | 17.80% |
| Return on Assets (ROA) | 5.00% |
| Return on Capital (ROIC) | 11.82% |
| Revenue Per Employee | $153,576 |
| Profits Per Employee | $5,849 |
| Employee Count | 172,000 |
| Asset Turnover | 1.31 |
| Inventory Turnover | 3.61 |
Taxes
| Income Tax | -206.00M |
| Effective Tax Rate | -25.75% |
Stock Price Statistics
The stock price has increased by +33.85% in the last 52 weeks. The beta is 1.11, so Flex Ltd.'s price volatility has been higher than the market average.
| Beta (5Y) | 1.11 |
| 52-Week Price Change | +33.85% |
| 50-Day Moving Average | 30.79 |
| 200-Day Moving Average | 25.73 |
| Relative Strength Index (RSI) | 41.12 |
| Average Volume (20 Days) | 3,183,047 |
Short Selling Information
The latest short interest is 7.03 million, so 1.76% of the outstanding shares have been sold short.
| Short Interest | 7.03M |
| Short Previous Month | 9.15M |
| Short % of Shares Out | 1.76% |
| Short % of Float | 1.76% |
| Short Ratio (days to cover) | 1.69 |
Income Statement
In the last 12 months, Flex Ltd. had revenue of $26.42 billion and earned $1.01 billion in profits. Earnings per share was $2.28.
| Revenue | 26.42B |
| Gross Profit | 1.87B |
| Operating Income | 853.00M |
| Pretax Income | 800.00M |
| Net Income | 1.01B |
| EBITDA | 1.68B |
| EBIT | 1.01B |
| Earnings Per Share (EPS) | $2.28 |
Balance Sheet
The company has $2.47 billion in cash and $3.75 billion in debt, giving a net cash position of -$1.28 billion or -$3.20 per share.
| Cash & Cash Equivalents | 2.47B |
| Total Debt | 3.75B |
| Net Cash | -1.28B |
| Net Cash Per Share | -$3.20 |
| Equity (Book Value) | 5.33B |
| Book Value Per Share | 13.35 |
| Working Capital | 4.45B |
Cash Flow
In the last 12 months, operating cash flow was $1.33 billion and capital expenditures -$505.00 million, giving a free cash flow of $821.00 million.
| Operating Cash Flow | 1.33B |
| Capital Expenditures | -505.00M |
| Free Cash Flow | 821.00M |
| FCF Per Share | $1.89 |
Margins
Gross margin is 7.06%, with operating and profit margins of 3.23% and 3.81%.
| Gross Margin | 7.06% |
| Operating Margin | 3.23% |
| Pretax Margin | 3.03% |
| Profit Margin | 3.81% |
| EBITDA Margin | 6.37% |
| EBIT Margin | 3.81% |
| FCF Margin | 3.11% |
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 | 4.55% |
| Shareholder Yield | 4.55% |
| Earnings Yield | 8.69% |
| FCF Yield | 7.09% |
Analyst Forecast
The average price target for Flex Ltd. is $33.60, which is 15.70% higher than the current price. The consensus rating is "Buy".
| Price Target | $33.60 |
| Price Target Difference | 15.70% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on January 3, 2024. It was a forward split with a ratio of 1327:1000.
| Last Split Date | Jan 3, 2024 |
| Split Type | Forward |
| Split Ratio | 1327:1000 |
Scores
Flex Ltd. has an Altman Z-Score of 2.49 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.49 |
| Piotroski F-Score | 8 |