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Flex (FLEX) Price-to-Owner-Earnings

: 76.71 (As of Today)
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As of today (2024-04-19), Flex's share price is $27.615. Flex's Owner Earnings per Share (TTM) ended in Dec. 2023 was $0.36. It's Price-to-Owner-Earnings for today is 76.71.


The historical rank and industry rank for Flex's Price-to-Owner-Earnings or its related term are showing as below:

FLEX' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 3.67   Med: 11.2   Max: 116.38
Current: 77.35

During the past 13 years, the highest Price-to-Owner-Earnings of Flex was 116.38. The lowest was 3.67. And the median was 11.20.


FLEX's Price-to-Owner-Earnings is ranked worse than
85.37% of 1135 companies
in the Hardware industry
Industry Median: 16.91 vs FLEX: 77.35

As of today (2024-04-19), Flex's share price is $27.615. Flex's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.68. Therefore, Flex's PE Ratio for today is 16.44.

As of today (2024-04-19), Flex's share price is $27.615. Flex's EPS without NRI for the trailing twelve months (TTM) ended in was $2.53. Therefore, Flex's PE Ratio without NRI for today is 10.92.

During the past 13 years, Flex's highest PE Ratio without NRI was 133.67. The lowest was 4.09. And the median was 9.04.


Flex Price-to-Owner-Earnings Historical Data

The historical data trend for Flex's Price-to-Owner-Earnings 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.

* Premium members only.

Flex Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Owner-Earnings
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 14.28 37.53

Flex Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Owner-Earnings Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.73 37.53 58.62 36.01 62.06

Competitive Comparison

For the Electronic Components subindustry, Flex's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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 Price-to-Owner-Earnings Distribution

For the Hardware industry and Technology sector, Flex's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Flex's Price-to-Owner-Earnings falls into.



Flex Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Flex's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=27.615/0.36
=76.71

* 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  (NAS:FLEX) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Flex Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Flex's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Flex (FLEX) Business Description

Industry
Traded in Other Exchanges
Address
2 Changi South Lane, Singapore, SGP, 486123
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.
Executives
Erin Mcsweeney director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
David Scott Offer officer: EVP, General Counsel 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Paul Lundstrom officer: Chief Financial Officer 222 N. SEPULVEDA BLVD., SUITE 500, EL SEGUNDO CA 90245
Revathi Advaithi director, officer: Chief Executive Officer EATON HOUSE, 30 PEMBROKE ROAD, DUBLIN 4 L2 -
Kwang Hooi Tan officer: Group President 6201 AMERICA CENTER DRIVE, ATTN: LEGAL, SAN JOSE CA 95002
Michael P Hartung officer: President, Agility Solutions 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Daniel Wendler officer: Chief Accounting Officer 6201 AMERICA CENTER DRIVE, ATTN: LEGAL, SAN JOSE CA 95002
Rebecca Sidelinger officer: Group President 6201 AMERICA CENTER DRIVE, ATTN: LEGAL, SAN JOSE CA 95002
Stevens Charles K. Iii director 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Maryrose Sylvester director C/O 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
Pat Ward director 500 JACKSON STREET, COLUMBUS IN 47201
Francois Barbier officer: President, Global Operations ONE MARINA BOULEVARD, #28-00, SINGAPORE U0 018989
David P Bennett officer: Chief Accounting Officer 3616 NICOLE AVE, PLEASANTON CA 94588
Todd Fruchterman officer: Pres, Reliability Solutions C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
John D Harris director C/O FLEXTRONICS INTERNATIONAL USA, INC., 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002