Flex (MEX:FLEXN) E10: MXN26.92 (As of Jun. 2026)

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MEX:FLEXN Flex Ltd MEX:FLEXN
75 GF Score
Price MXN1,795.00
GF Value MXN789.64
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Flex E10?

Flex MEX:FLEXN 75 E10 is MXN26.92 as of Jun. 2026. GuruFocus rates MEX:FLEXN with a GF Score™ of 75/100 and a GF Value™ of MXN789.64 (Significantly Overvalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Flex's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN13.261. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN26.92 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Flex's average E10 Growth Rate was 14.60% per year. During the past 3 years, the average E10 Growth Rate was 13.20% per year. During the past 5 years, the average E10 Growth Rate was 16.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Flex was 20.70% per year. The lowest was -146.60% per year. And the median was 12.60% per year.

As of today (2026-08-02), Flex's current stock price is MXN1795.00. Flex's E10 for the quarter that ended in Jun. 2026 was MXN26.92. Flex's Shiller PE Ratio of today is 66.68.

During the past 13 years, the highest Shiller PE Ratio of Flex was 100.61. The lowest was 7.45. And the median was 17.59.


Flex  (MEX:FLEXN) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Flex's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1795.00/26.92
=66.68

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Flex was 100.61. The lowest was 7.45. And the median was 17.59.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Flex E10 Related Terms


Flex E10 Historical Data

* Premium members only.

The historical data trend for Flex's E10 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.

Flex E10 Chart

Flex Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.58 15.34 20.21 33.82 24.71

Flex Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
E10 Get a 7-Day Free Trial 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 23.71 26.15 24.26 24.71 26.92

MEX:FLEXN vs JBL, TEL, FN: E10 Comparison

For the Electronic Components subindustry, Flex's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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 Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Flex's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Flex's Shiller PE Ratio falls into.


MEX:FLEXN
75GF Score
Flex Ltd MEX:FLEXN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flex E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Flex's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=13.261/333.9520*333.9520
=13.261

Current CPI (Jun. 2026) = 333.9520.

Flex Quarterly Data

per share eps CPI Adj_EPS
201609 -0.089 241.428 -0.123
201612 4.948 241.432 6.844
201703 3.013 243.801 4.127
201706 4.157 244.955 5.667
201709 6.896 246.819 9.330
201712 4.321 246.524 5.853
201803 -0.727 249.554 -0.973
201806 4.323 251.989 5.729
201809 2.993 252.439 3.959
201812 -1.767 251.233 -2.349
201903 -2.328 254.202 -3.058
201906 1.729 256.143 2.254
201909 -4.541 256.759 -5.906
201912 4.149 256.974 5.392
202003 2.238 258.115 2.896
202006 2.308 257.797 2.990
202009 4.860 260.280 6.236
202012 8.156 260.474 10.457
202103 9.607 264.877 12.112
202106 8.161 271.696 10.031
202109 14.188 274.310 17.273
202112 9.847 278.802 11.795
202203 7.168 287.504 8.326
202206 8.047 296.311 9.069
202209 10.057 296.808 11.316
202212 9.748 296.797 10.968
202303 5.588 301.836 6.183
202306 7.029 305.109 7.693
202309 8.884 307.789 9.639
202312 7.638 306.746 8.315
202403 15.435 312.332 16.503
202406 6.229 314.175 6.621
202409 10.633 315.301 11.262
202412 13.973 315.605 14.785
202503 11.661 319.799 12.177
202506 9.415 322.561 9.747
202509 9.539 324.800 9.808
202512 11.524 324.054 11.876
202603 12.082 330.213 12.219
202606 13.261 333.952 13.261

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN26.92 mean?
Flex (MEX:FLEXN) has a E10 of MXN26.92 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Flex and its competitors.
Is Flex's E10 too high?
Flex's current E10 is MXN26.92. Overall, Flex has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flex's E10 compare to JBL and TEL?
Flex's E10 of MXN26.92 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Hardware company?
A good E10 depends on the Hardware industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Flex and its competitors. Flex's current E10 is MXN26.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flex stock overvalued right now?
Based on GuruFocus' analysis, Flex (MEX:FLEXN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN789.64, compared to a current price of MXN1,795.00 — trading 127.3% above its estimated fair value. The current E10 is MXN26.92. Flex's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Flex (MEX:FLEXN), the current E10 is MXN26.92 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Flex (MEX:FLEXN) Overvalued in 2026?

Based on GuruFocus' analysis, Flex stock appears to be overvalued. The current stock price of MXN1,795.00 is trading 127.3% above its estimated GF Value™ of MXN789.64. GuruFocus considers Flex to be Significantly Overvalued.

Key valuation signals for MEX:FLEXN:

  • E10: MXN26.92
  • GF Value™: MXN789.64 vs. price of MXN1,795.00 (127.3% above fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the MEX:FLEXN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Flex Business Description

Address 12455 Research Boulevard, Suite 300, Austin, TX, USA, 78759
Flex Ltd is the developed, end-to-end manufacturing partner of choice that helps a diverse customer base design, build, deliver and manage products that improve the world. The Company's full suite of specialized capabilities includes design and engineering, supply chain, manufacturing, and integrated services, plus a portfolio of power and cooling products. Its reportable segments includes Integrated Technology Solutions, Regulated Manufacturing Solutions, and Cloud and Power Infrastructure.
75GF Score

Get the complete analysis for MEX:FLEXN

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,795.00
Price
MXN789.64
GF Value