66.84 USD
+2.44 (+3.79%)
FLEX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. FLEX scores excellent on profitability, but there are some minor concerns on its financial health. FLEX has a decent growth rate and is not valued too expensively.
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.
- 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
- Looking at the Return On Assets, with a value of 4.77%, FLEX is in the better half of the industry, outperforming 70.97% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 17.51%, FLEX belongs to the top of the industry, outperforming 87.90% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 13.09%, FLEX belongs to the best of the industry, outperforming 91.13% of the companies in the same industry.
- FLEX had an Average Return On Invested Capital over the past 3 years of 10.04%. This is in line with the industry average of 8.82%.
- The last Return On Invested Capital (13.09%) for FLEX is above the 3 year average (10.04%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.77% | ||
| ROE | 17.51% | ||
| ROIC | 13.09% |
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
- With a decent Profit Margin value of 3.33%, FLEX is doing good in the industry, outperforming 63.71% of the companies in the same industry.
- In the last couple of years the Profit Margin of FLEX has grown nicely.
- Looking at the Operating Margin, with a value of 5.18%, FLEX is in the better half of the industry, outperforming 65.32% of the companies in the same industry.
- FLEX's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 9.14%, FLEX is doing worse than 81.45% of the companies in the same industry.
- FLEX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.18% | ||
| PM (TTM) | 3.33% | ||
| GM | 9.14% |
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
- FLEX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- FLEX has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for FLEX has been reduced compared to 5 years ago.
- The debt/assets ratio for FLEX is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 3.04 indicates that FLEX is not in any danger for bankruptcy at the moment.
- FLEX has a Altman-Z score (3.04) which is comparable to the rest of the industry.
- FLEX has a debt to FCF ratio of 3.10. This is a good value and a sign of high solvency as FLEX would need 3.10 years to pay back of all of its debts.
- The Debt to FCF ratio of FLEX (3.10) is better than 70.16% of its industry peers.
- A Debt/Equity ratio of 0.50 indicates that FLEX is not too dependend on debt financing.
- FLEX's Debt to Equity ratio of 0.50 is on the low side compared to the rest of the industry. FLEX is outperformed by 70.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 3.1 | ||
| Altman-Z | 3.04 |
ROIC/WACC0.9
WACC14.47%
2.3 Liquidity
- A Current Ratio of 1.30 indicates that FLEX should not have too much problems paying its short term obligations.
- FLEX has a Current ratio of 1.30. This is in the lower half of the industry: FLEX underperforms 79.03% 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 has a Quick ratio of 0.79. This is amonst the worse of the industry: FLEX underperforms 86.29% 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 23.87%, which is quite impressive.
- 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 -43.22%.
- FLEX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.29% yearly.
EPS 1Y (TTM)23.87%
EPS 3Y10.58%
EPS 5Y16.4%
EPS Q2Q%23.44%
Revenue 1Y (TTM)-43.22%
Revenue growth 3Y-0.29%
Revenue growth 5Y1.29%
Sales Q2Q%3.96%
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 15.05% yearly.
- FLEX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.34% yearly.
EPS Next Y21.25%
EPS Next 2Y17.01%
EPS Next 3Y15.05%
EPS Next 5YN/A
Revenue Next Year5.77%
Revenue Next 2Y5.89%
Revenue Next 3Y6.34%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
- 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
- Based on the Price/Earnings ratio of 22.21, the valuation of FLEX can be described as rather expensive.
- Based on the Price/Earnings ratio, FLEX is valued cheaply inside the industry as 80.65% of the companies are valued more expensively.
- FLEX's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.94.
- Based on the Price/Forward Earnings ratio of 18.42, the valuation of FLEX can be described as rather expensive.
- 80.65% of the companies in the same industry are more expensive than FLEX, based on the Price/Forward Earnings ratio.
- FLEX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.94, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.21 | ||
| Fwd PE | 18.42 |
4.2 Price Multiples
- 78.23% of the companies in the same industry are more expensive than FLEX, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of FLEX indicates a rather cheap valuation: FLEX is cheaper than 83.87% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.75 | ||
| EV/EBITDA | 12.98 |
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 15.05% in the coming years.
PEG (NY)1.05
PEG (5Y)1.35
EPS Next 2Y17.01%
EPS Next 3Y15.05%
5. Dividend
5.1 Amount
- FLEX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NASDAQ:FLEX (1/21/2026, 3:16:07 PM)
66.84
+2.44 (+3.79%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)10-29 2025-10-29/bmo
Earnings (Next)02-04 2026-02-04/bmo
Inst Owners101.06%
Inst Owner Change-0.11%
Ins Owners0.62%
Ins Owner Change-1.69%
Market Cap24.72B
Revenue(TTM)26.33B
Net Income(TTM)876.00M
Analysts84.44
Price Target77.53 (15.99%)
Short Float %3.59%
Short Ratio2.51
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)7.7%
Min EPS beat(2)2.69%
Max EPS beat(2)12.72%
EPS beat(4)4
Avg EPS beat(4)9.41%
Min EPS beat(4)2.69%
Max EPS beat(4)19.26%
EPS beat(8)8
Avg EPS beat(8)10.64%
EPS beat(12)12
Avg EPS beat(12)10.5%
EPS beat(16)16
Avg EPS beat(16)11.89%
Revenue beat(2)1
Avg Revenue beat(2)1.35%
Min Revenue beat(2)-0.21%
Max Revenue beat(2)2.91%
Revenue beat(4)3
Avg Revenue beat(4)1.72%
Min Revenue beat(4)-0.21%
Max Revenue beat(4)3.6%
Revenue beat(8)5
Avg Revenue beat(8)1.62%
Revenue beat(12)7
Avg Revenue beat(12)1%
Revenue beat(16)11
Avg Revenue beat(16)1.88%
PT rev (1m)4.21%
PT rev (3m)31.49%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.07%
EPS NY rev (1m)0%
EPS NY rev (3m)4.13%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.12%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)1.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.21 | ||
| Fwd PE | 18.42 | ||
| P/S | 0.94 | ||
| P/FCF | 20.75 | ||
| P/OCF | 14.56 | ||
| P/B | 4.94 | ||
| P/tB | 7.45 | ||
| EV/EBITDA | 12.98 |
EPS(TTM)3.01
EY4.5%
EPS(NY)3.63
Fwd EY5.43%
FCF(TTM)3.22
FCFY4.82%
OCF(TTM)4.59
OCFY6.87%
SpS71.21
BVpS13.53
TBVpS8.97
PEG (NY)1.05
PEG (5Y)1.35
Graham Number30.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.77% | ||
| ROE | 17.51% | ||
| ROCE | 15.98% | ||
| ROIC | 13.09% | ||
| ROICexc | 17.89% | ||
| ROICexgc | 24.5% | ||
| OM | 5.18% | ||
| PM (TTM) | 3.33% | ||
| GM | 9.14% | ||
| FCFM | 4.52% |
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 Turnover1.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 3.1 | ||
| Debt/EBITDA | 1.28 | ||
| Cap/Depr | 87.41% | ||
| Cap/Sales | 1.93% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 87.39% | ||
| Profit Quality | 135.96% | ||
| Current Ratio | 1.3 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 3.04 |
F-Score6
WACC14.47%
ROIC/WACC0.9
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)23.87%
EPS 3Y10.58%
EPS 5Y16.4%
EPS Q2Q%23.44%
EPS Next Y21.25%
EPS Next 2Y17.01%
EPS Next 3Y15.05%
EPS Next 5YN/A
Revenue 1Y (TTM)-43.22%
Revenue growth 3Y-0.29%
Revenue growth 5Y1.29%
Sales Q2Q%3.96%
Revenue Next Year5.77%
Revenue Next 2Y5.89%
Revenue Next 3Y6.34%
Revenue Next 5YN/A
EBIT growth 1Y-32.62%
EBIT growth 3Y8.93%
EBIT growth 5Y14.71%
EBIT Next Year53.7%
EBIT Next 3Y20.58%
EBIT Next 5YN/A
FCF growth 1Y131.71%
FCF growth 3Y22.46%
FCF growth 5YN/A
OCF growth 1Y44.88%
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 5 / 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.