SG stock · Technology sector · Electronic Components
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Flex Ltd.

FLEXNASDAQ

24.45

USD
-0.04
(-0.16%)
Market Closed
13.76P/E
11Forward P/E
0.62P/E to S&P500
11.029BMarket CAP
- -Div Yield
Upcoming Earnings
2 May-8 May
Shares Short
1/13/23
13.74M
Short % of Float
3.95%
Short % of Shares Outs.
3.04%
% Held by Insiders
0.56%
% Held by Institutions
101.26%
Beta
1.47
PEG Ratio
0.60
52w. high/low
25.12/13.63
Avg. Daily Volume
4.71M
Return %
Stock
S&P 500
1 year
42.14
(8.58)
3 years
84.69
23.39
5 years
40.67
- -
Scale: |
High
Low
12.17
1.23
7.97
1.81
8.38
4.86
8.50
5.05
7.49
5.47
9.71
6.06
11.83
7.41
12.86
9.55
15.09
8.85
19.11
14.22
19.71
6.74
12.87
7.32
18.48
5.36
20.04
15.51
23.42
13.63
25.12
21.16
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
Revenue per share
32.03
38.25
37.70
29.70
37.89
41.03
35.56
42.13
44.39
43.44
44.06
47.49
50.51
46.99
47.62
56.54
65.18
Earnings per share
0.86
(0.89)
(7.41)
0.02
0.79
0.68
0.42
0.59
1.02
0.79
0.59
0.80
0.18
0.17
1.21
2.03
1.80
FCF per share
(0.50)
0.99
1.04
0.77
0.51
0.51
0.95
0.98
0.76
1.11
1.15
0.36
(7.12)
(3.87)
(0.41)
1.26
0.50
Dividends per share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
CAPEX per share
0.97
0.45
0.56
0.22
0.62
0.61
0.74
0.98
0.59
0.91
0.97
1.05
1.40
0.90
0.69
0.96
1.47
Book Value per sh.
10.49
11.33
2.23
2.45
3.03
3.19
3.39
3.49
4.01
4.57
4.88
5.64
5.73
5.50
6.78
8.97
9.27
Comm.Shares outs.
589
721
821
812
757
716
663
620
589
562
542
536
519
515
507
461
456
Avg. annual P/E ratio
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
17.2
58.1
69.5
14.8
8.7
13.8
P/E to S&P500
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.7
2.4
1.8
0.5
0.4
0.6
Avg. annual div. yield
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue (m)
18,854
27,558
30,949
24,111
28,680
29,388
23,569
26,109
26,148
24,419
23,863
25,441
26,211
24,210
24,124
26,041
29,720
Operating margin
1.8%
2.2%
1.0%
1.5%
2.7%
2.0%
1.5%
2.1%
2.7%
2.7%
2.1%
2.0%
1.9%
1.8%
3.3%
3.7%
3.8%
Depreciation (m)
422
713
694
708
472
522
566
465
540
515
610
555
765
748
569
484
622
Net profit (m)
509
(639)
(6,086)
19
596
489
277
366
601
444
320
429
93
88
613
936
818
Income tax rate
1.2%
1,073.7%
(0.1)%
210.8%
3.1%
9.6%
8.0%
8.7%
10.4%
2.3%
13.8%
17.7%
48.7%
44.7%
14.1%
10.0%
12.8%
Net profit margin
2.7%
(2.3)%
(19.7)%
0.1%
2.1%
1.7%
1.2%
1.4%
2.3%
1.8%
1.3%
1.7%
0.4%
0.4%
2.5%
3.6%
2.7%
Working capital (m)
1,103
2,912
1,520
1,643
2,225
2,246
1,599
1,744
1,985
1,743
1,883
1,902
1,506
1,875
3,529
3,626
4,151
Long-term debt (m)
1,494
3,388
2,755
1,990
2,199
2,158
1,651
2,070
2,038
2,709
2,891
2,898
2,422
3,218
4,077
3,799
4,021
Equity (m)
6,177
8,164
1,834
1,985
2,295
2,284
2,247
2,163
2,361
2,571
2,645
3,019
2,972
2,831
3,436
4,129
4,505
ROIC
6.4%
(5.3)%
(120.3)%
(3.6)%
14.1%
11.0%
7.5%
8.8%
13.3%
9.1%
6.7%
8.2%
2.8%
2.6%
9.3%
12.6%
6.4%
Return on capital
4.2%
0.3%
(52.1)%
1.3%
6.0%
5.2%
3.4%
3.7%
6.2%
4.4%
3.7%
4.7%
2.4%
2.2%
5.5%
6.2%
3.2%
Return on equity
8.2%
(7.8)%
(331.8)%
0.9%
26.0%
21.4%
12.3%
16.9%
25.4%
17.3%
12.1%
14.2%
3.1%
3.1%
17.8%
22.7%
18.2%
Plowback ratio
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Div.&Repurch./FCF
7.2%
- -
- -
- -
97.5%
138.9%
51.4%
78.3%
93.1%
57.4%
54.0%
92.5%
(5.1)%
(13.0)%
(88.4)%
118.1%
158.8%
Capital Structure
27 Jan · 2023 | Q3
All numbers in millions
Total liabilities
$ 16,290
Total assets
$ 20,892
Long-term debt
$ 4,021
Cash and equiv.
$ 2,565
Goodwill
$ 1,340
Retained earnings
$ (702)
Common stock
452
Enterprise Value
$ 12,485
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
1,923
2,637
2,964
Receivables
2,718
4,241
3,890
Inventory
3,785
3,895
6,580
Other
660
1,304
1,944
Current assets
9,086
11,363
14,337
Acc. Payable
5,108
5,247
6,254
Debt due
149
268
949
Other
1,954
2,319
3,508
Current liabilities
7,211
7,834
10,711
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
7.95%
0.75%
1.29%
Cash flow
(380.68)%
(636.42)%
(289.40)%
Earnings
52.69%
142.05%
71.61%
Dividends
- -
- -
- -
Book value
20.17%
8.81%
7.40%
Insider Trading
Type
Shares
Date
Hurlston Michael E.
Award
1,097
01/17/23
Tan Lay Koon
Award
1,097
01/17/23
Stevens Charles K. Iii
Sale
20,000
12/05/22
Hartung Michael P
Sale
12,376
11/30/22
Hartung Michael P
Sale
1,728
11/25/22
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
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
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
0.10
0.22
0.41
0.47
1.21
2022
0.45
0.73
0.49
0.36
2.03
2023
0.41
0.51
0.51
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
Company Description
Sector:
Technology
Industry:
Electronic Components
CEO:
Ms. Revathi Advaithi
Full-time employees:
172,648
City:
Address:
2 Changi South Lane
IPO:
Mar 22, 1994
Website:
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.
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