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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
USD -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 USD -3 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Dec. 2016 was USD -16 Mil.

As of today, Flex Ltd's share price is USD 16.44. Flex Ltd's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2016 was USD 0.55. Therefore, Flex Ltd's P/E (NRI) ratio for today is 30.17.


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 ) = USD -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 USD 16.44.
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 ) = USD 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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