FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
As of today, Flex's Trailing 12-Month Free Cash Flow is $468 Mil, and Market Cap is $12,201 Mil. Therefore, Flex's FCF Yield % for today is 3.84%.
The historical rank and industry rank for Flex's FCF Yield % or its related term are showing as below:
FLEX'
s FCF Yield % Range Over the Past 10 Years
Min: -147.42 Med: 4.55 Max: 20.77
Current: 3.84
During the past 13 years, the highest FCF Yield % of Flex was 20.77%. The lowest was -147.42%. And the median was 4.55%.
FLEX's FCF Yield % is ranked better than 64.44% of 2472
companies
in the Hardware industry
Industry Median: 0.86
vs FLEX: 3.84
Flex's FCF Margin % for the quarter that ended in Dec. 2023 was 2.17%.
Flex FCF Yield % Historical Data
The historical data trend for Flex's FCF Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electronic Components subindustry, Flex's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Flex's FCF Yield % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Flex's FCF Yield % distribution charts can be found below:
* The bar in red indicates where Flex's FCF Yield % falls into.
Flex FCF Yield % Calculation
FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
Flex's FCF Yield % for the fiscal year that ended in Mar. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Flex FCF Yield % Explanation
Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
Flex FCF Yield % Related Terms
Thank you for viewing the detailed overview of Flex's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Flex Ltd is a contract manufacturing company providing comprehensive electronics design, manufacturing, and product management services to global electronics and technology companies. The company's operating segments include Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. Flex Agility Solutions segment includes markets such as Communications, Enterprise and Cloud; Lifestyle; and Consumer Devices. Flex Reliability Solutions segment includes markets such as Automotive, Health Solutions, and Industrial. The Nextracker segment provides solar tracker technologies that optimize and increase energy production. The company's geographical segments include China, Mexico, the United States, Brazil, Malaysia, Hungary, and Others.
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