Flex Ltd. Statistics
Total Valuation
Flex Ltd. has a market cap or net worth of $16.26 billion. The enterprise value is $18.16 billion.
Important Dates
The last earnings date was Wednesday, January 29, 2025, before market open.
| Earnings Date | Jan 29, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Flex Ltd. has 383.10 million shares outstanding. The number of shares has decreased by -9.50% in one year.
| Current Share Class | 383.10M |
| Shares Outstanding | 383.10M |
| Shares Change (YoY) | -9.50% |
| Shares Change (QoQ) | -1.50% |
| Owned by Insiders (%) | 0.59% |
| Owned by Institutions (%) | 105.20% |
| Float | 380.69M |
Valuation Ratios
The trailing PE ratio is 17.08 and the forward PE ratio is 15.20. Flex Ltd.'s PEG ratio is 1.05.
| PE Ratio | 17.08 |
| Forward PE | 15.20 |
| PS Ratio | 0.67 |
| Forward PS | 0.62 |
| PB Ratio | 3.28 |
| P/TBV Ratio | 4.92 |
| P/FCF Ratio | 12.14 |
| P/OCF Ratio | 9.32 |
| PEG Ratio | 1.05 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 10.78, with an EV/FCF ratio of 13.51.
| EV / Earnings | 17.96 |
| EV / Sales | 0.71 |
| EV / EBITDA | 10.78 |
| EV / EBIT | 15.75 |
| EV / FCF | 13.51 |
Financial Position
The company has a current ratio of 1.41, with a Debt / Equity ratio of 0.83.
| Current Ratio | 1.41 |
| Quick Ratio | 0.70 |
| Debt / Equity | 0.83 |
| Debt / EBITDA | 2.21 |
| Debt / FCF | 3.09 |
| Interest Coverage | 5.29 |
Financial Efficiency
Return on equity (ROE) is 17.68% and return on invested capital (ROIC) is 7.38%.
| Return on Equity (ROE) | 17.68% |
| Return on Assets (ROA) | 3.73% |
| Return on Invested Capital (ROIC) | 7.38% |
| Return on Capital Employed (ROCE) | 12.49% |
| Revenue Per Employee | $148,744 |
| Profits Per Employee | $5,878 |
| Employee Count | 172,000 |
| Asset Turnover | 1.32 |
| Inventory Turnover | 3.88 |
Taxes
| Income Tax | -150.00M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +50.78% in the last 52 weeks. The beta is 1.10, so Flex Ltd.'s price volatility has been similar to the market average.
| Beta (5Y) | 1.10 |
| 52-Week Price Change | +50.78% |
| 50-Day Moving Average | 40.67 |
| 200-Day Moving Average | 34.56 |
| Relative Strength Index (RSI) | 53.17 |
| Average Volume (20 Days) | 3,724,021 |
Short Selling Information
The latest short interest is 10.62 million, so 2.77% of the outstanding shares have been sold short.
| Short Interest | 10.62M |
| Short Previous Month | 14.35M |
| Short % of Shares Out | 2.77% |
| Short % of Float | 2.79% |
| Short Ratio (days to cover) | 2.95 |
Income Statement
In the last 12 months, Flex Ltd. had revenue of $25.58 billion and earned $1.01 billion in profits. Earnings per share was $2.48.
| Revenue | 25.58B |
| Gross Profit | 2.15B |
| Operating Income | 1.15B |
| Pretax Income | 778.00M |
| Net Income | 1.01B |
| EBITDA | 1.69B |
| EBIT | 1.15B |
| Earnings Per Share (EPS) | $2.48 |
Full Income StatementBalance Sheet
The company has $2.31 billion in cash and $4.15 billion in debt, giving a net cash position of -$1.84 billion or -$4.81 per share.
| Cash & Cash Equivalents | 2.31B |
| Total Debt | 4.15B |
| Net Cash | -1.84B |
| Net Cash Per Share | -$4.81 |
| Equity (Book Value) | 4.99B |
| Book Value Per Share | 12.99 |
| Working Capital | 3.72B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $1.75 billion and capital expenditures -$407.00 million, giving a free cash flow of $1.34 billion.
| Operating Cash Flow | 1.75B |
| Capital Expenditures | -407.00M |
| Free Cash Flow | 1.34B |
| FCF Per Share | $3.51 |
Full Cash Flow StatementMargins
Gross margin is 8.40%, with operating and profit margins of 4.51% and 3.95%.
| Gross Margin | 8.40% |
| Operating Margin | 4.51% |
| Pretax Margin | 3.37% |
| Profit Margin | 3.95% |
| EBITDA Margin | 6.59% |
| EBIT Margin | 4.51% |
| FCF Margin | 5.25% |
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 | 1 |
| Payout Ratio | n/a |
| Buyback Yield | 9.50% |
| Shareholder Yield | 9.50% |
| Earnings Yield | 6.19% |
| FCF Yield | 8.24% |
Dividend DetailsAnalyst Forecast
The average price target for Flex Ltd. is $44.86, which is 5.68% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $44.86 |
| Price Target Difference | 5.68% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 7 |
| 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 2.5 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.5 |
| Piotroski F-Score | 7 |