FLEX LTD (FLEX) Stock Fundamental Analysis
NASDAQ:FLEX • SG9999000020
64.92 USD
+1.62 (+2.56%)
At close: Feb 24, 2026
65 USD
+0.08 (+0.12%)
After Hours: 2/24/2026, 8:00:00 PM
FLEX gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. While FLEX has a great profitability rating, there are some minor concerns on its financial health. FLEX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- In the past year FLEX was profitable.
- FLEX had a positive operating cash flow in the past year.
- In the past 5 years FLEX has always been profitable.
- In the past 5 years FLEX always reported a positive cash flow from operatings.
1.2 Ratios
- FLEX has a Return On Assets of 4.64%. This is in the better half of the industry: FLEX outperforms 70.16% of its industry peers.
- FLEX's Return On Equity of 17.03% is amongst the best of the industry. FLEX outperforms 85.48% of its industry peers.
- FLEX has a Return On Invested Capital of 13.61%. This is amongst the best in the industry. FLEX outperforms 91.94% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for FLEX is in line with the industry average of 8.85%.
- The last Return On Invested Capital (13.61%) for FLEX is above the 3 year average (10.04%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.64% | ||
| ROE | 17.03% | ||
| ROIC | 13.61% |
ROA(3y)4.59%
ROA(5y)4.5%
ROE(3y)16.82%
ROE(5y)18.19%
ROIC(3y)10.04%
ROIC(5y)9.71%
1.3 Margins
- Looking at the Profit Margin, with a value of 3.17%, FLEX is in the better half of the industry, outperforming 66.13% of the companies in the same industry.
- In the last couple of years the Profit Margin of FLEX has grown nicely.
- FLEX has a Operating Margin of 5.28%. This is in the better half of the industry: FLEX outperforms 66.94% of its industry peers.
- FLEX's Operating Margin has improved in the last couple of years.
- FLEX's Gross Margin of 9.27% is on the low side compared to the rest of the industry. FLEX is outperformed by 80.65% of its industry peers.
- FLEX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.28% | ||
| PM (TTM) | 3.17% | ||
| GM | 9.27% |
OM growth 3Y9.25%
OM growth 5Y13.24%
PM growth 3Y-3.34%
PM growth 5Y54.95%
GM growth 3Y4.92%
GM growth 5Y6.46%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FLEX is creating some value.
- Compared to 1 year ago, FLEX has less shares outstanding
- FLEX has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, FLEX has a worse debt to assets ratio.
2.2 Solvency
- FLEX has an Altman-Z score of 3.05. This indicates that FLEX is financially healthy and has little risk of bankruptcy at the moment.
- FLEX has a Altman-Z score (3.05) which is in line with its industry peers.
- FLEX has a debt to FCF ratio of 3.18. This is a good value and a sign of high solvency as FLEX would need 3.18 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 3.18, FLEX is in the better half of the industry, outperforming 71.77% of the companies in the same industry.
- FLEX has a Debt/Equity ratio of 0.50. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of FLEX (0.50) is worse than 72.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 3.18 | ||
| Altman-Z | 3.05 |
ROIC/WACC1.48
WACC9.18%
2.3 Liquidity
- FLEX has a Current Ratio of 1.30. This is a normal value and indicates that FLEX is financially healthy and should not expect problems in meeting its short term obligations.
- With a Current ratio value of 1.30, FLEX is not doing good in the industry: 79.03% of the companies in the same industry are doing better.
- FLEX has a Quick Ratio of 1.30. This is a bad value and indicates that FLEX is not financially healthy enough and could expect problems in meeting its short term obligations.
- FLEX has a worse Quick ratio (0.79) than 85.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.3 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
- FLEX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.90%, which is quite impressive.
- Measured over the past years, FLEX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.40% on average per year.
- FLEX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -41.45%.
- The Revenue has been growing slightly by 1.29% on average over the past years.
EPS 1Y (TTM)24.9%
EPS 3Y10.58%
EPS 5Y16.4%
EPS Q2Q%12.99%
Revenue 1Y (TTM)-41.45%
Revenue growth 3Y-0.29%
Revenue growth 5Y1.29%
Sales Q2Q%7.66%
3.2 Future
- Based on estimates for the next years, FLEX will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.30% on average per year.
- Based on estimates for the next years, FLEX will show a small growth in Revenue. The Revenue will grow by 6.33% on average per year.
EPS Next Y21.25%
EPS Next 2Y17.19%
EPS Next 3Y15.3%
EPS Next 5YN/A
Revenue Next Year6.69%
Revenue Next 2Y6.47%
Revenue Next 3Y6.33%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 20.87, which indicates a rather expensive current valuation of FLEX.
- 78.23% of the companies in the same industry are more expensive than FLEX, based on the Price/Earnings ratio.
- FLEX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.98.
- A Price/Forward Earnings ratio of 17.84 indicates a rather expensive valuation of FLEX.
- Based on the Price/Forward Earnings ratio, FLEX is valued a bit cheaper than the industry average as 78.23% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of FLEX to the average of the S&P500 Index (28.01), we can say FLEX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.87 | ||
| Fwd PE | 17.84 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FLEX indicates a rather cheap valuation: FLEX is cheaper than 82.26% of the companies listed in the same industry.
- FLEX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FLEX is cheaper than 83.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.54 | ||
| EV/EBITDA | 12.41 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- FLEX has an outstanding profitability rating, which may justify a higher PE ratio.
- FLEX's earnings are expected to grow with 15.30% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.98
PEG (5Y)1.27
EPS Next 2Y17.19%
EPS Next 3Y15.3%
5. Dividend
5.1 Amount
- No dividends for FLEX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
64.92
+1.62 (+2.56%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-04 2026-02-04/bmo
Earnings (Next)05-05 2026-05-05/amc
Inst Owners101.06%
Inst Owner Change-1.58%
Ins Owners0.62%
Ins Owner Change-1.84%
Market Cap23.87B
Revenue(TTM)26.84B
Net Income(TTM)852.00M
Analysts85.56
Price Target76.72 (18.18%)
Short Float %2.92%
Short Ratio2.14
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.63%
Min EPS beat(2)2.69%
Max EPS beat(2)8.58%
EPS beat(4)4
Avg EPS beat(4)6.74%
Min EPS beat(4)2.69%
Max EPS beat(4)12.72%
EPS beat(8)8
Avg EPS beat(8)9.98%
EPS beat(12)12
Avg EPS beat(12)11.12%
EPS beat(16)16
Avg EPS beat(16)11.33%
Revenue beat(2)1
Avg Revenue beat(2)0.45%
Min Revenue beat(2)-0.21%
Max Revenue beat(2)1.1%
Revenue beat(4)3
Avg Revenue beat(4)1.09%
Min Revenue beat(4)-0.21%
Max Revenue beat(4)2.91%
Revenue beat(8)5
Avg Revenue beat(8)1.31%
Revenue beat(12)7
Avg Revenue beat(12)0.99%
Revenue beat(16)11
Avg Revenue beat(16)1.8%
PT rev (1m)-1.05%
PT rev (3m)2.18%
EPS NQ rev (1m)3.05%
EPS NQ rev (3m)3.05%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)1.04%
Revenue NQ rev (3m)1.04%
Revenue NY rev (1m)0.87%
Revenue NY rev (3m)1.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.87 | ||
| Fwd PE | 17.84 | ||
| P/S | 0.89 | ||
| P/FCF | 20.54 | ||
| P/OCF | 14 | ||
| P/B | 4.77 | ||
| P/tB | 7.19 | ||
| EV/EBITDA | 12.41 |
EPS(TTM)3.11
EY4.79%
EPS(NY)3.64
Fwd EY5.61%
FCF(TTM)3.16
FCFY4.87%
OCF(TTM)4.64
OCFY7.14%
SpS72.99
BVpS13.6
TBVpS9.02
PEG (NY)0.98
PEG (5Y)1.27
Graham Number30.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.64% | ||
| ROE | 17.03% | ||
| ROCE | 16.61% | ||
| ROIC | 13.61% | ||
| ROICexc | 18.6% | ||
| ROICexgc | 25.47% | ||
| OM | 5.28% | ||
| PM (TTM) | 3.17% | ||
| GM | 9.27% | ||
| FCFM | 4.33% |
ROA(3y)4.59%
ROA(5y)4.5%
ROE(3y)16.82%
ROE(5y)18.19%
ROIC(3y)10.04%
ROIC(5y)9.71%
ROICexc(3y)13.93%
ROICexc(5y)13.91%
ROICexgc(3y)18.22%
ROICexgc(5y)18.63%
ROCE(3y)12.26%
ROCE(5y)11.85%
ROICexgc growth 3Y3.39%
ROICexgc growth 5Y7.06%
ROICexc growth 3Y5.37%
ROICexc growth 5Y7.71%
OM growth 3Y9.25%
OM growth 5Y13.24%
PM growth 3Y-3.34%
PM growth 5Y54.95%
GM growth 3Y4.92%
GM growth 5Y6.46%
F-Score6
Asset Turnover1.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 3.18 | ||
| Debt/EBITDA | 1.25 | ||
| Cap/Depr | 95.1% | ||
| Cap/Sales | 2.02% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 85.76% | ||
| Profit Quality | 136.39% | ||
| Current Ratio | 1.3 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 3.05 |
F-Score6
WACC9.18%
ROIC/WACC1.48
Cap/Depr(3y)102.24%
Cap/Depr(5y)91.98%
Cap/Sales(3y)1.93%
Cap/Sales(5y)1.79%
Profit Quality(3y)82.06%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)24.9%
EPS 3Y10.58%
EPS 5Y16.4%
EPS Q2Q%12.99%
EPS Next Y21.25%
EPS Next 2Y17.19%
EPS Next 3Y15.3%
EPS Next 5YN/A
Revenue 1Y (TTM)-41.45%
Revenue growth 3Y-0.29%
Revenue growth 5Y1.29%
Sales Q2Q%7.66%
Revenue Next Year6.69%
Revenue Next 2Y6.47%
Revenue Next 3Y6.33%
Revenue Next 5YN/A
EBIT growth 1Y-27.22%
EBIT growth 3Y8.93%
EBIT growth 5Y14.71%
EBIT Next Year54.18%
EBIT Next 3Y21.61%
EBIT Next 5YN/A
FCF growth 1Y148.29%
FCF growth 3Y22.46%
FCF growth 5YN/A
OCF growth 1Y55.42%
OCF growth 3Y13.7%
OCF growth 5YN/A
FLEX LTD / FLEX FAQ
Can you provide the ChartMill fundamental rating for FLEX LTD?
ChartMill assigns a fundamental rating of 6 / 10 to FLEX.
What is the valuation status for FLEX stock?
ChartMill assigns a valuation rating of 6 / 10 to FLEX LTD (FLEX). This can be considered as Fairly Valued.
Can you provide the profitability details for FLEX LTD?
FLEX LTD (FLEX) has a profitability rating of 8 / 10.
Can you provide the expected EPS growth for FLEX stock?
The Earnings per Share (EPS) of FLEX LTD (FLEX) is expected to grow by 21.25% in the next year.