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Flex Ltd (NAS:FLEX)
Price-to-Free-Cash-Flow Ratio
15.09 (As of Today)

As of today, Flex Ltd's share price is $13.60. Flex Ltd's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2016 was $0.90. Hence, Flex Ltd's Price-to-Free-Cash-Flow Ratio for today is 15.09.

FLEX' s Price-to-Free-Cash-Flow ratio Range Over the Past 10 Years
Min: 1.86   Max: 55.67
Current: 15.05

1.86
55.67

During the past 13 years, Flex Ltd's highest Price-to-Free-Cash-Flow Ratio was 55.67. The lowest was 1.86. And the median was 10.75.

FLEX's Price-to-Free-Cash-Flow ratio is ranked lower than
53% of the 961 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 14.00 vs. FLEX: 15.05 )

Flex Ltd's Free Cash Flow per Share for the three months ended in Jun. 2016 was $0.19. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2016 was $0.90.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Flex Ltd was -36.80% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 6.10% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 16.50% per year.

During the past 13 years, Flex Ltd's highest 3-Year average Free Cash Flow per Share Growth Rate was 103.70% per year. The lowest was -21.50% per year. And the median was 10.20% per year.


Definition

Flex Ltd's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/Free Cash Flow per Share (TTM)
=13.60/0.901
=15.09

Flex Ltd's Share Price of today is $13.60.
Flex Ltd's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2016 was 0.249 (Sep. 2015 ) + 0.277 (Dec. 2015 ) + 0.185 (Mar. 2016 ) + 0.19 (Jun. 2016 ) = $0.90.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management’s decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Related Terms

Free Cash Flow, Free Cash Flow per Share, P/S Ratio, P/B Ratio, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Flex Ltd Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
pfcf 0.009.492.7711.4115.2114.337.259.4616.7110.98

Flex Ltd Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
pfcf 9.4618.068.8715.3616.717.939.0911.5910.9813.10
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