NAS:FLEX (Singapore) Also trade in: Germany Mexico

Flex Ltd

$ 9.41 -0.02 (-0.21%)
Volume: 3,853,025 Avg Vol (1m): 6,233,783
Market Cap $: 4.84 Bil Enterprise Value $: 6.19 Bil
P/E (TTM): 55.34 P/B: 1.66
Earnings Power Value 2.06
Net Current Asset Value -2.72
Tangible Book 3
Projected FCF -29.55
Median P/S Value 11.38
Graham Number 3.39
Peter Lynch Value 0
DCF (FCF Based) 0
DCF (Earnings Based) 0
1Y (-%)

Financial Strength : 6/10

GuruFocus Financial Strength Rank measures how strong a company's financial situation is . It is based on these factors
1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
Current vs industry vs history
Cash-to-Debt 0.56
Cash-To-Debt ranked lower than
70.05% of 2317 companies
in the Contract Manufacturers industry.
Industry Max: 395734.25, Med: 1.26, Min: -0.33
FLEX: 0.56
Ranked among companies with meaningful Cash-To-Debt only.
Cash-To-Debt range over the past 10 years
Min: 0.09, Med: 0.58, Max: 2.31
Current: 0.56
0.09
2.31
Equity-to-Asset 0.22
Equity-to-Asset ranked lower than
92.51% of 2282 companies
in the Contract Manufacturers industry.
Industry Max: 0.99, Med: 0.55, Min: -23.03
FLEX: 0.22
Ranked among companies with meaningful Equity-to-Asset only.
Equity-to-Asset range over the past 10 years
Min: 0.07, Med: 0.29, Max: 0.54
Current: 0.22
0.07
0.54
Debt-to-Equity 1.03
Debt-to-Equity ranked lower than
82.44% of 1765 companies
in the Contract Manufacturers industry.
Industry Max: 52, Med: 0.36, Min: 0.01
FLEX: 1.03
Ranked among companies with meaningful Debt-to-Equity only.
Debt-to-Equity range over the past 10 years
Min: 0.22, Med: 0.88, Max: 8.76
Current: 1.03
0.22
8.76
Debt-to-EBITDA 2.44
Debt-to-EBITDA ranked lower than
59.86% of 1627 companies
in the Contract Manufacturers industry.
Industry Max: 8396.27, Med: 1.99, Min: 0.01
FLEX: 2.44
Ranked among companies with meaningful Debt-to-EBITDA only.
Debt-to-EBITDA range over the past 10 years
Min: 1.71, Med: 2.2, Max: 2.79
Current: 2.44
1.71
2.79
Interest Coverage 2.64
Interest Coverage ranked lower than
85.95% of 1836 companies
in the Contract Manufacturers industry.
Industry Max: 42131692, Med: 18.76, Min: 0.09
FLEX: 2.64
Ranked among companies with meaningful Interest Coverage only.
Interest Coverage range over the past 10 years
Min: 2.36, Med: 6.41, Max: 16.4
Current: 2.64
2.36
16.4
Piotroski F-Score 3
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 2.13
DISTRESS
GREY
SAFE
Beneish M-Score -1.34
Not Manipulator
Manipulator
WACC vs ROIC %
ROIC 5.44%
WACC 11.55%

Profitability & Growth : 5/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
Current vs industry vs history
Operating Margin % 1.85
Operating Margin ranked lower than
67.26% of 2300 companies
in the Contract Manufacturers industry.
Industry Max: 108500, Med: 4.64, Min: -409420
FLEX: 1.85
Ranked among companies with meaningful Operating Margin only.
Operating Margin range over the past 10 years
Min: 1.41, Med: 2.04, Max: 2.56
Current: 1.85
1.41
2.56
Net Margin % 0.36
Net Margin ranked lower than
70.64% of 2299 companies
in the Contract Manufacturers industry.
Industry Max: 90164.29, Med: 3.48, Min: -416260
FLEX: 0.36
Ranked among companies with meaningful Net Margin only.
Net Margin range over the past 10 years
Min: 0.08, Med: 1.54, Max: 2.3
Current: 0.36
0.08
2.3
ROE % 3.04
ROE ranked lower than
59.04% of 2278 companies
in the Contract Manufacturers industry.
Industry Max: 1227.84, Med: 6.72, Min: -5002.35
FLEX: 3.04
Ranked among companies with meaningful ROE only.
ROE range over the past 10 years
Min: 0.97, Med: 15.86, Max: 27.87
Current: 3.04
0.97
27.87
ROA % 0.66
ROA ranked lower than
66.94% of 2329 companies
in the Contract Manufacturers industry.
Industry Max: 456.48, Med: 3.43, Min: -9683.72
FLEX: 0.66
Ranked among companies with meaningful ROA only.
ROA range over the past 10 years
Min: 0.17, Med: 3.22, Max: 5.35
Current: 0.66
0.17
5.35
ROC (Joel Greenblatt) % 19.12
ROC (Joel Greenblatt) ranked higher than
60.15% of 2326 companies
in the Contract Manufacturers industry.
Industry Max: 422087.5, Med: 12.21, Min: -439759.26
FLEX: 19.12
Ranked among companies with meaningful ROC (Joel Greenblatt) only.
ROC (Joel Greenblatt) range over the past 10 years
Min: 12.17, Med: 20.85, Max: 30.44
Current: 19.12
12.17
30.44
3-Year Total Revenue Growth Rate 2.40
3-Year Revenue Growth Rate ranked lower than
51.55% of 2196 companies
in the Contract Manufacturers industry.
Industry Max: 790.1, Med: 2.8, Min: -100
FLEX: 4.6
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
3-Year Revenue Growth Rate range over the past 10 years
Min: -2.5, Med: 5.65, Max: 61.1
Current: 4.6
-2.5
61.1
3-Year Total EBITDA Growth Rate 4.40
3-Year EBITDA Growth Rate ranked lower than
62.37% of 1871 companies
in the Contract Manufacturers industry.
Industry Max: 662.6, Med: 5.1, Min: -549.3
FLEX: 6.7
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
3-Year EBITDA Growth Rate range over the past 10 years
Min: 0, Med: 4.85, Max: 78.7
Current: 6.7
0
78.7
3-Year EPS w/o NRI Growth Rate -38.90
3-Year EPS w/o NRI Growth Rate ranked lower than
69.04% of 1725 companies
in the Contract Manufacturers industry.
Industry Max: 852.9, Med: 6.6, Min: -393.2
FLEX: -38.9
Ranked among companies with meaningful 3-Year EPS w/o NRI Growth Rate only.
N/A

» FLEX's 30-Y Financials

Financials (Next Earnings Date: 2019-07-26)

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Business Description

Industry Computer Hardware » Contract Manufacturers    NAICS : 334412    SIC : 0
Compare NYSE:JBL SZSE:002916 SHSE:603228 SZSE:002463 TSE:4062 SZSE:002938 SZSE:002815 NAS:PLXS TPE:3044 SHSE:603328 TPE:3037 SZSE:300476 SZSE:002436 SZSE:002618 NAS:TTMI HKSE:02662 SZSE:002913 NYSE:BHE ROCO:6274 TPE:2313
Traded in other countries FXI.Germany FLEXN.Mexico
Address 2 Changi South Lane, Singapore, SGP, 486123
Flex is one of the world's largest contract electronics manufacturing companies, providing comprehensive electronics design, manufacturing, and product management services to global electronics and technology companies. Flex operates in four segments: Communications & Enterprise Compute, Consumer Technologies Group, Industrial & Emerging Industries, and High Reliability Solutions.

Ratios

Current vs industry vs history
PE Ratio (TTM) 55.34
PE Ratio ranked lower than
82.70% of 1711 companies
in the Contract Manufacturers industry.
Industry Max: 3250, Med: 16.75, Min: 0.02
FLEX: 55.34
Ranked among companies with meaningful PE Ratio only.
PE Ratio range over the past 10 years
Min: 6.6, Med: 15.48, Max: 825
Current: 55.34
6.6
825
Forward PE Ratio 8.13
Forward P/E ranked higher than
91.12% of 259 companies
in the Contract Manufacturers industry.
Industry Max: 2000, Med: 14.71, Min: 4.21
FLEX: 8.13
Ranked among companies with meaningful Forward P/E only.
N/A
PE Ratio without NRI 55.34
PE without NRI ranked lower than
83.02% of 1690 companies
in the Contract Manufacturers industry.
Industry Max: 3250, Med: 16.78, Min: 0.09
FLEX: 55.34
Ranked among companies with meaningful PE without NRI only.
PE without NRI range over the past 10 years
Min: 6.36, Med: 15.09, Max: 412.5
Current: 55.34
6.36
412.5
PB Ratio 1.66
PB Ratio ranked lower than
58.12% of 2309 companies
in the Contract Manufacturers industry.
Industry Max: 223290.54, Med: 1.47, Min: 0.02
FLEX: 1.66
Ranked among companies with meaningful PB Ratio only.
PB Ratio range over the past 10 years
Min: 0.2, Med: 2.47, Max: 3.52
Current: 1.66
0.2
3.52
PS Ratio 0.19
PS Ratio ranked higher than
90.29% of 2318 companies
in the Contract Manufacturers industry.
Industry Max: 14063.96, Med: 0.98, Min: 0.01
FLEX: 0.19
Ranked among companies with meaningful PS Ratio only.
PS Ratio range over the past 10 years
Min: 0.05, Med: 0.23, Max: 0.42
Current: 0.19
0.05
0.42
EV-to-EBIT 12.78
EV-to-EBIT ranked lower than
59.53% of 1789 companies
in the Contract Manufacturers industry.
Industry Max: 20815.39, Med: 12.83, Min: 0.03
FLEX: 12.78
Ranked among companies with meaningful EV-to-EBIT only.
EV-to-EBIT range over the past 10 years
Min: -36.7, Med: 11.6, Max: 48.4
Current: 12.78
-36.7
48.4
EV-to-EBITDA 4.95
EV-to-EBITDA ranked higher than
73.56% of 1910 companies
in the Contract Manufacturers industry.
Industry Max: 20815.39, Med: 10.14, Min: 0.03
FLEX: 4.95
Ranked among companies with meaningful EV-to-EBITDA only.
EV-to-EBITDA range over the past 10 years
Min: -1.3, Med: 6.1, Max: 11.1
Current: 4.95
-1.3
11.1
EV-to-Revenue 0.24
EV-to-Revenue ranked higher than
90.03% of 2307 companies
in the Contract Manufacturers industry.
Industry Max: 25302, Med: 0.99, Min: 0.02
FLEX: 0.24
Ranked among companies with meaningful EV-to-Revenue only.
EV-to-Revenue range over the past 10 years
Min: 0.1, Med: 0.3, Max: 0.5
Current: 0.24
0.1
0.5
PEG Ratio 10.09
PEG Ratio ranked lower than
82.38% of 874 companies
in the Contract Manufacturers industry.
Industry Max: 235.29, Med: 1.4, Min: 0.04
FLEX: 10.09
Ranked among companies with meaningful PEG Ratio only.
PEG Ratio range over the past 10 years
Min: 0.41, Med: 2.31, Max: 35.81
Current: 10.09
0.41
35.81
Shiller PE Ratio 14.95
Shiller PE Ratio ranked higher than
61.82% of 681 companies
in the Contract Manufacturers industry.
Industry Max: 2315.72, Med: 22.91, Min: 0.13
FLEX: 14.95
Ranked among companies with meaningful Shiller PE Ratio only.
Shiller PE Ratio range over the past 10 years
Min: 12.61, Med: 15.87, Max: 18.06
Current: 14.95
12.61
18.06
Current Ratio 1.20
Current Ratio ranked lower than
79.83% of 2256 companies
in the Contract Manufacturers industry.
Industry Max: 218.8, Med: 1.89, Min: 0.01
FLEX: 1.2
Ranked among companies with meaningful Current Ratio only.
Current Ratio range over the past 10 years
Min: 0.89, Med: 1.28, Max: 1.75
Current: 1.2
0.89
1.75
Quick Ratio 0.71
Quick Ratio ranked lower than
86.48% of 2256 companies
in the Contract Manufacturers industry.
Industry Max: 218.8, Med: 1.39, Min: 0.01
FLEX: 0.71
Ranked among companies with meaningful Quick Ratio only.
Quick Ratio range over the past 10 years
Min: 0.46, Med: 0.81, Max: 1.29
Current: 0.71
0.46
1.29
Days Inventory 58.68
Days Inventory ranked higher than
66.39% of 2249 companies
in the Contract Manufacturers industry.
Industry Max: 938.15, Med: 77.36, Min: 0.22
FLEX: 58.68
Ranked among companies with meaningful Days Inventory only.
Days Inventory range over the past 10 years
Min: 43.44, Med: 50.83, Max: 58.68
Current: 58.68
43.44
58.68
Days Sales Outstanding 36.39
Days Sales Outstanding ranked higher than
88.37% of 2261 companies
in the Contract Manufacturers industry.
Industry Max: 886.46, Med: 79.6, Min: 0.01
FLEX: 36.39
Ranked among companies with meaningful Days Sales Outstanding only.
Days Sales Outstanding range over the past 10 years
Min: 30.56, Med: 33.27, Max: 37.72
Current: 36.39
30.56
37.72
Days Payable 76.08
Days Payable ranked higher than
63.90% of 2219 companies
in the Contract Manufacturers industry.
Industry Max: 986.04, Med: 65.83, Min: -140.71
FLEX: 76.08
Ranked among companies with meaningful Days Payable only.
Days Payable range over the past 10 years
Min: 56.34, Med: 69.12, Max: 78.41
Current: 76.08
56.34
78.41

Dividend & Buy Back

Current vs industry vs history
3-Year Share Buyback Rate 0.90
3-Year Share Buyback Rate ranked higher than
92.04% of 1532 companies
in the Contract Manufacturers industry.
Industry Max: 72.5, Med: -3, Min: -2936.6
FLEX: 0.9
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
3-Year Share Buyback Rate range over the past 10 years
Min: -42.9, Med: -4.15, Max: 7.9
Current: 0.9
-42.9
7.9

Valuation & Return

Current vs industry vs history
Price-to-Tangible-Book 3.14
Price-to-Tangible-Book ranked lower than
74.35% of 2285 companies
in the Contract Manufacturers industry.
Industry Max: 366244.02, Med: 1.69, Min: 0.02
FLEX: 3.14
Ranked among companies with meaningful Price-to-Tangible-Book only.
Price-to-Tangible-Book range over the past 10 years
Min: 1.49, Med: 3.3, Max: 8.49
Current: 3.14
1.49
8.49
Price-to-Median-PS-Value 0.83
Price-to-Median-PS-Value ranked higher than
54.26% of 2112 companies
in the Contract Manufacturers industry.
Industry Max: 502.67, Med: 0.94, Min: 0.02
FLEX: 0.83
Ranked among companies with meaningful Price-to-Median-PS-Value only.
Price-to-Median-PS-Value range over the past 10 years
Min: 0.33, Med: 1.59, Max: 7.97
Current: 0.83
0.33
7.97
Price-to-Graham-Number 2.78
Price-to-Graham-Number ranked lower than
80.44% of 1626 companies
in the Contract Manufacturers industry.
Industry Max: 61.11, Med: 1.17, Min: 0.01
FLEX: 2.78
Ranked among companies with meaningful Price-to-Graham-Number only.
Price-to-Graham-Number range over the past 10 years
Min: 1.02, Med: 1.91, Max: 6.53
Current: 2.78
1.02
6.53
Earnings Yield (Joel Greenblatt) % 7.83
Earnings Yield (Greenblatt) ranked higher than
55.25% of 2382 companies
in the Contract Manufacturers industry.
Industry Max: 3214.8, Med: 5.45, Min: -833.33
FLEX: 7.83
Ranked among companies with meaningful Earnings Yield (Greenblatt) only.
Earnings Yield (Greenblatt) range over the past 10 years
Min: -218.8, Med: 7.3, Max: 17.2
Current: 7.83
-218.8
17.2
Forward Rate of Return (Yacktman) % -40.47
Forward Rate of Return ranked lower than
62.74% of 1382 companies
in the Contract Manufacturers industry.
Industry Max: 11086.85, Med: 7.08, Min: -3149.58
FLEX: -40.47
Ranked among companies with meaningful Forward Rate of Return only.
Forward Rate of Return range over the past 10 years
Min: -44.9, Med: 10.25, Max: 34.2
Current: -40.47
-44.9
34.2

More Statistics

Revenue (TTM) (Mil) $ 26,210.51
EPS (TTM) $ 0.17
Beta 2.36
Volatility % 58.78
52-Week Range $ 6.74 - 15.38
Shares Outstanding (Mil) 514.03

Analyst Estimate

Piotroski F-Score Details

Piotroski F-Score 3
Positive ROA Y
Positive CFROA N
Higher ROA yoy N
CFROA > ROA N
Lower Leverage yoy Y
Higher Current Ratio yoy N
Less Shares Outstanding yoy Y
Higher Gross Margin yoy N
Higher Asset Turnover yoy N