Flex Ltd.
FLEX
NASDAQ25.91
Flex Ltd.
NASDAQ:FLEX
RECENT
PRICE
25.91
P/E
RATIO
11.53
(PEG:0.00)
P/E RATIO
RELATIVE
TO S&P
0.48
DIV
YLD
0.00%
High:
Low:
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Legends
Stock price
1.46 Beta (1.0 Market)
0
0
0
0
0
0
0
0
0
% total return 05/23:
Stock
S&P
1y.
0
0
3y.
0
0
5y.
0
0
0
Percent shares traded:
0
0
0
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
Fiscal year
32.03
0.86
(0.50)
- -
38.25
(0.89)
0.99
- -
37.70
(7.41)
1.04
- -
29.70
0.02
0.77
- -
37.89
0.79
0.51
- -
41.03
0.68
0.51
- -
35.56
0.42
0.95
- -
42.13
0.59
0.98
- -
44.39
1.02
0.76
- -
43.44
0.79
1.11
- -
44.06
0.59
1.15
- -
47.49
0.80
0.36
- -
50.51
0.18
(7.12)
- -
47.56
0.17
(3.92)
- -
48.34
1.23
(0.41)
- -
56.54
2.03
1.26
- -
Infinity
Infinity
Infinity
- -
Revenue per share
Earnings per share
Free Cash Flow per sh
Dividends per share
0.97
10.49
0.45
11.33
0.56
2.23
0.22
2.45
0.62
3.03
0.61
3.19
0.74
3.39
0.98
3.49
0.59
4.01
0.91
4.57
0.97
4.88
1.05
5.64
1.40
5.73
0.91
5.56
0.70
6.89
0.96
8.97
Infinity
Infinity
CAPEX per share
Book Value per share
589
721
821
812
757
716
663
620
589
562
542
536
519
509
499
461
- -
Comm.Shares outs.(m)
13.4
0.77
- -
(9.3)
(0.43)
- -
(0.7)
(0.01)
- -
296.0
14.30
- -
8.5
0.52
- -
9.5
0.64
- -
18.3
1.07
- -
16.9
0.93
- -
11.1
0.56
- -
15.8
0.71
- -
28.2
1.19
- -
17.2
0.69
- -
58.1
2.40
- -
68.7
1.81
- -
14.6
0.49
- -
8.7
0.41
- -
- -
- -
- -
Avg. annual P/E ratio
P/E relative to S&P500
Avg. annual div. yield
Capital Structure (31/3/23 | Q4)
Total liabilities
$15,689 m.
Total assets
$21,395 m.
Long-term debt
$4,197 m.
Cash and equiv.
$3,294 m.
Goodwill $1,343 m.
Retained earnings - -
Common stock 451 m. shares
Market Capitalisation
$11,517 m. (as of 28/5/23)
29,388
2.0%
23,569
1.5%
26,109
2.1%
26,148
2.7%
24,419
2.7%
23,863
2.1%
25,441
2.0%
26,211
1.9%
24,210
1.4%
24,124
3.4%
26,041
3.7%
30,346
3.9%
Revenue (m)
Operating margin
522
489
566
277
465
366
540
601
515
444
610
320
555
429
765
93
748
88
569
613
484
936
509
793
Depreciation (m)
Net profit (m)
9.6%
1.7%
8.0%
1.2%
8.7%
1.4%
10.4%
2.3%
2.3%
1.8%
13.8%
1.3%
17.7%
1.7%
48.7%
0.4%
44.7%
0.4%
14.1%
2.5%
10.0%
3.6%
(6.1)%
2.6%
Income tax rate
Net profit margin
2,246
2,158
2,284
1,599
1,651
2,247
1,744
2,070
2,163
1,985
2,038
2,361
1,743
2,709
2,571
1,883
2,891
2,645
1,902
2,898
3,019
1,506
2,422
2,972
1,875
3,218
2,831
3,529
4,077
3,436
3,626
3,799
4,129
5,166
4,197
5,351
Working capital (m)
Long-term debt (m)
Equity (m)
11.0%
5.2%
21.4%
7.5%
3.4%
12.3%
8.8%
3.7%
16.9%
13.3%
6.2%
25.4%
9.1%
4.4%
17.3%
6.7%
3.7%
12.1%
8.2%
4.7%
14.2%
2.8%
2.4%
3.1%
3.0%
2.5%
3.1%
8.8%
5.2%
17.8%
10.2%
5.0%
22.7%
11.9%
5.5%
14.8%
ROIC
Return on capital
Return on equity
Working Capital
2021
2022
2023
Cash assets
2,637
2,964
3,294
Receivables
4,241
3,890
4,280
Inventory
3,895
6,580
7,530
Other
590
903
917
Current assets
11,363
14,337
16,021
Acc. Payable
5,247
6,254
5,930
Debt due
268
949
150
Other
2,319
3,508
4,775
Current liab.
7,834
10,711
10,855
100.0%
97.5%
100.0%
138.9%
100.0%
51.4%
100.0%
78.3%
100.0%
93.1%
100.0%
57.4%
100.0%
54.0%
100.0%
92.5%
100.0%
(5.1)%
100.0%
(13.0)%
100.0%
(88.4)%
100.0%
118.1%
Plowback ratio
Div.&Repurch. to FCF
Flex Ltd. (SG) started trading on March 2, 1994 (cik: 0000866374), operates in the Technology sector (Electronic Components industry), has 172,108 full-time employees, and is led by Ms. Revathi Advaithi. Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The company provides cross-industry technologies, including human-machine interface, internet of things platforms, power, sensor fusion, and smart audio. It also offers integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed generation solar projects. In addition, the company provides value-added design and engineering services; and systems assembly and manufacturing services that include enclosures, testing services, and materials procurement and inventory management services. Further, it offers chargers for smartphones and tablets; adapters for notebooks and gaming systems; power supplies for the server, storage, and networking markets; and power solutions, such as switchgear, busway, power distribution, modular power systems, and monitoring solutions and services. Additionally, the company provides after-market and forward supply chain logistics services to computing, consumer digital, infrastructure, industrial, mobile, automotive, and medical industries; and reverse logistics and repair solutions, including returns management, exchange programs, complex repair, asset recovery, recycling, and e-waste management. It serves to cloud, communications, enterprise, automotive, industrial, consumer devices, lifestyle, healthcare, and energy industries. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was incorporated in 1990 and is based in Singapore.
Annual rates
(avg rate of change)
Past
5 y.
Past
10 y.
Revenues
4.12%
1.93%
Cash flow
-140.53%
-294.14%
Earnings
157.78%
66.36%
Dividends
- -
- -
Book value
16.59%
11.10%
Insider trading
Type
Shares
Date
Tan Lay Koon
Award
1,214
04/17/23
Hurlston Michael E.
Award
1,214
04/17/23
Mcsweeney Erin
Sale
10,000
03/16/23
Ward Pat
Gift
6,402
03/15/23
Ward Pat
Gift
6,402
03/15/23
Fiscal Year Ends
Quarterly Revenue (m)
Full fiscal year
I
II
III
IV
2021
5,153
5,985
6,720
6,266
24,124
2022
6,342
6,229
6,619
6,851
26,041
2023
7,347
7,766
7,756
7,477
30,346
Fiscal Year Ends
Earnings per share
Full fiscal year
I
II
III
IV
2021
0.10
0.23
0.42
0.48
1.23
2022
0.45
0.73
0.49
0.36
2.03
2023
Infinity
Infinity
Infinity
Infinity
Infinity
Fiscal Year Ends
Quarterly dividends paid
Full fiscal year
I
II
III
IV
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -