FLEX LTD (FLEX) Stock Fundamental Analysis

NASDAQ:FLEX • SG9999000020

67.315 USD
+2.2 (+3.39%)
Last: Feb 20, 2026, 11:07 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to FLEX. FLEX was compared to 122 industry peers in the Electronic Equipment, Instruments & Components industry. While FLEX belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. FLEX is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • FLEX had positive earnings in the past year.
  • FLEX had a positive operating cash flow in the past year.
  • Each year in the past 5 years FLEX has been profitable.
  • In the past 5 years FLEX always reported a positive cash flow from operatings.
FLEX Yearly Net Income VS EBIT VS OCF VS FCFFLEX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B -2B -3B -4B

1.2 Ratios

  • FLEX has a better Return On Assets (4.64%) than 69.67% of its industry peers.
  • The Return On Equity of FLEX (17.03%) is better than 86.07% of its industry peers.
  • FLEX's Return On Invested Capital of 13.61% is amongst the best of the industry. FLEX outperforms 91.80% 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 8.80%.
  • The 3 year average ROIC (10.04%) for FLEX is below the current ROIC(13.61%), indicating increased profibility in the last year.
Industry RankSector 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%
FLEX Yearly ROA, ROE, ROICFLEX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

  • FLEX has a Profit Margin of 3.17%. This is in the better half of the industry: FLEX outperforms 65.57% of its industry peers.
  • FLEX's Profit Margin has improved in the last couple of years.
  • The Operating Margin of FLEX (5.28%) is better than 66.39% of its industry peers.
  • In the last couple of years the Operating Margin of FLEX has grown nicely.
  • With a Gross Margin value of 9.27%, FLEX is not doing good in the industry: 80.33% of the companies in the same industry are doing better.
  • FLEX's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
FLEX Yearly Profit, Operating, Gross MarginsFLEX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

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.
  • FLEX has less shares outstanding than it did 1 year ago.
  • FLEX has less shares outstanding than it did 5 years ago.
  • FLEX has a worse debt/assets ratio than last year.
FLEX Yearly Shares OutstandingFLEX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M
FLEX Yearly Total Debt VS Total AssetsFLEX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

2.2 Solvency

  • An Altman-Z score of 3.08 indicates that FLEX is not in any danger for bankruptcy at the moment.
  • FLEX has a Altman-Z score (3.08) 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.
  • With a decent Debt to FCF ratio value of 3.18, FLEX is doing good in the industry, outperforming 72.95% of the companies in the same industry.
  • A Debt/Equity ratio of 0.50 indicates that FLEX is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.50, FLEX is doing worse than 70.49% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.5
Debt/FCF 3.18
Altman-Z 3.08
ROIC/WACC1.43
WACC9.5%
FLEX Yearly LT Debt VS Equity VS FCFFLEX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B -4B

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.
  • FLEX has a Current ratio of 1.30. This is in the lower half of the industry: FLEX underperforms 78.69% of its industry peers.
  • 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's Quick ratio of 0.79 is on the low side compared to the rest of the industry. FLEX is outperformed by 85.25% of its industry peers.
Industry RankSector Rank
Current Ratio 1.3
Quick Ratio 0.79
FLEX Yearly Current Assets VS Current LiabilitesFLEX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 24.90% over the past year.
  • The Earnings Per Share has been growing by 16.40% on average over the past years. This is quite good.
  • 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

  • FLEX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.30% yearly.
  • The Revenue is expected to grow by 6.15% on average over the next years.
EPS Next Y21.25%
EPS Next 2Y17.19%
EPS Next 3Y15.3%
EPS Next 5YN/A
Revenue Next Year5.77%
Revenue Next 2Y5.96%
Revenue Next 3Y6.15%
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.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
FLEX Yearly Revenue VS EstimatesFLEX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 10B 20B 30B
FLEX Yearly EPS VS EstimatesFLEX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3 4

More info and screens

Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 21.64, which indicates a rather expensive current valuation of FLEX.
  • 77.87% of the companies in the same industry are more expensive than FLEX, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of FLEX to the average of the S&P500 Index (27.09), we can say FLEX is valued slightly cheaper.
  • The Price/Forward Earnings ratio is 18.50, which indicates a rather expensive current valuation of FLEX.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of FLEX indicates a somewhat cheap valuation: FLEX is cheaper than 78.69% of the companies listed in the same industry.
  • FLEX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.98.
Industry RankSector Rank
PE 21.64
Fwd PE 18.5
FLEX Price Earnings VS Forward Price EarningsFLEX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • 78.69% of the companies in the same industry are more expensive than FLEX, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, FLEX is valued cheaper than 83.61% of the companies in the same industry.
Industry RankSector Rank
P/FCF 21.3
EV/EBITDA 12.75
FLEX Per share dataFLEX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The excellent profitability rating of FLEX may justify a higher PE ratio.
  • A more expensive valuation may be justified as FLEX's earnings are expected to grow with 15.30% in the coming years.
PEG (NY)1.02
PEG (5Y)1.32
EPS Next 2Y17.19%
EPS Next 3Y15.3%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • FLEX does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

FLEX LTD

NASDAQ:FLEX (2/20/2026, 11:07:05 AM)

67.315

+2.2 (+3.39%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-04
Earnings (Next)05-05
Inst Owners101.06%
Inst Owner Change2.21%
Ins Owners0.62%
Ins Owner Change-1.96%
Market Cap24.75B
Revenue(TTM)26.84B
Net Income(TTM)852.00M
Analysts85.56
Price Target76.72 (13.97%)
Short Float %2.92%
Short Ratio2.14
Dividend
Industry RankSector 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)2.03%
PT rev (3m)24.2%
EPS NQ rev (1m)2.21%
EPS NQ rev (3m)2.21%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.75%
Revenue NQ rev (3m)0.75%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.3%
Valuation
Industry RankSector Rank
PE 21.64
Fwd PE 18.5
P/S 0.92
P/FCF 21.3
P/OCF 14.52
P/B 4.95
P/tB 7.46
EV/EBITDA 12.75
EPS(TTM)3.11
EY4.62%
EPS(NY)3.64
Fwd EY5.41%
FCF(TTM)3.16
FCFY4.7%
OCF(TTM)4.64
OCFY6.89%
SpS72.99
BVpS13.6
TBVpS9.02
PEG (NY)1.02
PEG (5Y)1.32
Graham Number30.85
Profitability
Industry RankSector 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 RankSector 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 3.08
F-Score6
WACC9.5%
ROIC/WACC1.43
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 Year5.77%
Revenue Next 2Y5.96%
Revenue Next 3Y6.15%
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.