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GuruFocus has detected 6 Warning Signs with Flex Ltd $FLEX.
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Flex Ltd (NAS:FLEX)
Non-Recurring Items
$-16 Mil (TTM As of Dec. 2016)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Flex Ltd's non-recurring items for the three months ended in Dec. 2016 was $-3 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Dec. 2016 was $-16 Mil.

As of today, Flex Ltd's share price is $16.63. Flex Ltd's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2016 was $0.55. Therefore, Flex Ltd's P/E (NRI) ratio for today is 30.51.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Flex Ltd Non-Recurring Items for the trailing twelve months (TTM) ended in Dec. 2016 was -1.481 (Mar. 2016 ) + -3.529 (Jun. 2016 ) + -8.388 (Sep. 2016 ) + -3.09 (Dec. 2016 ) = $-16 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Flex Ltd's P/E (NRI) Ratio for today is calculated as

Flex Ltd's Share Price of today is $16.63.
Flex Ltd's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Dec. 2016 was 0.12 (Mar. 2016 ) + 0.19 (Jun. 2016 ) + -0.005 (Sep. 2016 ) + 0.24 (Dec. 2016 ) = $0.55.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Flex Ltd Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
Non Operating Income 78-470-890-15620-47-7453-48

Flex Ltd Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Non Operating Income -22-512-0-2-44-1-4-8-3
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