FLEX LTD (FLEX) Stock Fundamental Analysis

NASDAQ:FLEX • SG9999000020

63.21 USD
-2.46 (-3.75%)
At close: Feb 26, 2026
63.21 USD
0 (0%)
After Hours: 2/26/2026, 9:29:02 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to FLEX. FLEX was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. FLEX scores excellent on profitability, but there are some minor concerns on its financial health. FLEX has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • In the past year FLEX was profitable.
  • FLEX had a positive operating cash flow in the past year.
  • In the past 5 years FLEX has always been profitable.
  • Each year in the past 5 years FLEX had a positive operating cash flow.
FLEX Yearly Net Income VS EBIT VS OCF VS FCFFLEX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B -2B -3B -4B

1.2 Ratios

  • FLEX has a better Return On Assets (4.64%) than 70.16% of its industry peers.
  • FLEX's Return On Equity of 17.03% is amongst the best of the industry. FLEX outperforms 85.48% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 13.61%, FLEX belongs to the top of the industry, outperforming 91.94% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for FLEX is in line with the industry average of 8.85%.
  • The last Return On Invested Capital (13.61%) for FLEX is above the 3 year average (10.04%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 4.64%
ROE 17.03%
ROIC 13.61%
ROA(3y)4.59%
ROA(5y)4.5%
ROE(3y)16.82%
ROE(5y)18.19%
ROIC(3y)10.04%
ROIC(5y)9.71%
FLEX Yearly ROA, ROE, ROICFLEX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

  • With a decent Profit Margin value of 3.17%, FLEX is doing good in the industry, outperforming 66.13% of the companies in the same industry.
  • FLEX's Profit Margin has improved in the last couple of years.
  • FLEX's Operating Margin of 5.28% is fine compared to the rest of the industry. FLEX outperforms 66.94% of its industry peers.
  • In the last couple of years the Operating Margin of FLEX has grown nicely.
  • FLEX has a Gross Margin of 9.27%. This is amonst the worse of the industry: FLEX underperforms 80.65% of its industry peers.
  • FLEX's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 5.28%
PM (TTM) 3.17%
GM 9.27%
OM growth 3Y9.25%
OM growth 5Y13.24%
PM growth 3Y-3.34%
PM growth 5Y54.95%
GM growth 3Y4.92%
GM growth 5Y6.46%
FLEX Yearly Profit, Operating, Gross MarginsFLEX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. Health

2.1 Basic Checks

  • FLEX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • The number of shares outstanding for FLEX has been reduced compared to 1 year ago.
  • FLEX has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for FLEX is higher compared to a year ago.
FLEX Yearly Shares OutstandingFLEX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M
FLEX Yearly Total Debt VS Total AssetsFLEX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

2.2 Solvency

  • An Altman-Z score of 3.05 indicates that FLEX is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.05, FLEX is in line with its industry, outperforming 51.61% of the companies in the same industry.
  • The Debt to FCF ratio of FLEX is 3.18, which is a good value as it means it would take FLEX, 3.18 years of fcf income to pay off all of its debts.
  • FLEX has a Debt to FCF ratio of 3.18. This is in the better half of the industry: FLEX outperforms 71.77% of its industry peers.
  • FLEX has a Debt/Equity ratio of 0.50. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of FLEX (0.50) is worse than 72.58% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.5
Debt/FCF 3.18
Altman-Z 3.05
ROIC/WACC1.49
WACC9.14%
FLEX Yearly LT Debt VS Equity VS FCFFLEX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B -4B

2.3 Liquidity

  • A Current Ratio of 1.30 indicates that FLEX should not have too much problems paying its short term obligations.
  • FLEX's Current ratio of 1.30 is on the low side compared to the rest of the industry. FLEX is outperformed by 79.03% of its industry peers.
  • FLEX has a Quick Ratio of 1.30. This is a bad value and indicates that FLEX is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.79, FLEX is not doing good in the industry: 85.48% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.3
Quick Ratio 0.79
FLEX Yearly Current Assets VS Current LiabilitesFLEX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 24.90% over the past year.
  • Measured over the past years, FLEX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.40% on average per year.
  • The Revenue for FLEX has decreased by -41.45% in the past year. This is quite bad
  • The Revenue has been growing slightly by 1.29% on average over the past years.
EPS 1Y (TTM)24.9%
EPS 3Y10.58%
EPS 5Y16.4%
EPS Q2Q%12.99%
Revenue 1Y (TTM)-41.45%
Revenue growth 3Y-0.29%
Revenue growth 5Y1.29%
Sales Q2Q%7.66%

3.2 Future

  • Based on estimates for the next years, FLEX will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.30% on average per year.
  • Based on estimates for the next years, FLEX will show a small growth in Revenue. The Revenue will grow by 6.33% on average per year.
EPS Next Y21.25%
EPS Next 2Y17.19%
EPS Next 3Y15.3%
EPS Next 5YN/A
Revenue Next Year6.69%
Revenue Next 2Y6.47%
Revenue Next 3Y6.33%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
FLEX Yearly Revenue VS EstimatesFLEX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 10B 20B 30B
FLEX Yearly EPS VS EstimatesFLEX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3 4

More info and screens

Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 20.32 indicates a rather expensive valuation of FLEX.
  • FLEX's Price/Earnings ratio is a bit cheaper when compared to the industry. FLEX is cheaper than 78.23% of the companies in the same industry.
  • FLEX is valuated rather cheaply when we compare the Price/Earnings ratio to 27.11, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 17.37, FLEX is valued on the expensive side.
  • Based on the Price/Forward Earnings ratio, FLEX is valued a bit cheaper than the industry average as 77.42% of the companies are valued more expensively.
  • FLEX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.13.
Industry RankSector Rank
PE 20.32
Fwd PE 17.37
FLEX Price Earnings VS Forward Price EarningsFLEX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, FLEX is valued cheaper than 82.26% of the companies in the same industry.
  • FLEX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. FLEX is cheaper than 83.87% of the companies in the same industry.
Industry RankSector Rank
P/FCF 20
EV/EBITDA 12.4
FLEX Per share dataFLEX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The excellent profitability rating of FLEX may justify a higher PE ratio.
  • A more expensive valuation may be justified as FLEX's earnings are expected to grow with 15.30% in the coming years.
PEG (NY)0.96
PEG (5Y)1.24
EPS Next 2Y17.19%
EPS Next 3Y15.3%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for FLEX!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

FLEX LTD

NASDAQ:FLEX (2/26/2026, 9:29:02 PM)

After market: 63.21 0 (0%)

63.21

-2.46 (-3.75%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-04
Earnings (Next)05-05
Inst Owners101.06%
Inst Owner Change-1.58%
Ins Owners0.62%
Ins Owner Change-1.84%
Market Cap23.24B
Revenue(TTM)26.84B
Net Income(TTM)852.00M
Analysts85.56
Price Target76.72 (21.37%)
Short Float %2.92%
Short Ratio2.14
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.63%
Min EPS beat(2)2.69%
Max EPS beat(2)8.58%
EPS beat(4)4
Avg EPS beat(4)6.74%
Min EPS beat(4)2.69%
Max EPS beat(4)12.72%
EPS beat(8)8
Avg EPS beat(8)9.98%
EPS beat(12)12
Avg EPS beat(12)11.12%
EPS beat(16)16
Avg EPS beat(16)11.33%
Revenue beat(2)1
Avg Revenue beat(2)0.45%
Min Revenue beat(2)-0.21%
Max Revenue beat(2)1.1%
Revenue beat(4)3
Avg Revenue beat(4)1.09%
Min Revenue beat(4)-0.21%
Max Revenue beat(4)2.91%
Revenue beat(8)5
Avg Revenue beat(8)1.31%
Revenue beat(12)7
Avg Revenue beat(12)0.99%
Revenue beat(16)11
Avg Revenue beat(16)1.8%
PT rev (1m)-1.05%
PT rev (3m)2.18%
EPS NQ rev (1m)3.05%
EPS NQ rev (3m)3.05%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)1.04%
Revenue NQ rev (3m)1.04%
Revenue NY rev (1m)0.87%
Revenue NY rev (3m)1.17%
Valuation
Industry RankSector Rank
PE 20.32
Fwd PE 17.37
P/S 0.87
P/FCF 20
P/OCF 13.63
P/B 4.65
P/tB 7
EV/EBITDA 12.4
EPS(TTM)3.11
EY4.92%
EPS(NY)3.64
Fwd EY5.76%
FCF(TTM)3.16
FCFY5%
OCF(TTM)4.64
OCFY7.34%
SpS72.99
BVpS13.6
TBVpS9.02
PEG (NY)0.96
PEG (5Y)1.24
Graham Number30.85
Profitability
Industry RankSector Rank
ROA 4.64%
ROE 17.03%
ROCE 16.61%
ROIC 13.61%
ROICexc 18.6%
ROICexgc 25.47%
OM 5.28%
PM (TTM) 3.17%
GM 9.27%
FCFM 4.33%
ROA(3y)4.59%
ROA(5y)4.5%
ROE(3y)16.82%
ROE(5y)18.19%
ROIC(3y)10.04%
ROIC(5y)9.71%
ROICexc(3y)13.93%
ROICexc(5y)13.91%
ROICexgc(3y)18.22%
ROICexgc(5y)18.63%
ROCE(3y)12.26%
ROCE(5y)11.85%
ROICexgc growth 3Y3.39%
ROICexgc growth 5Y7.06%
ROICexc growth 3Y5.37%
ROICexc growth 5Y7.71%
OM growth 3Y9.25%
OM growth 5Y13.24%
PM growth 3Y-3.34%
PM growth 5Y54.95%
GM growth 3Y4.92%
GM growth 5Y6.46%
F-Score6
Asset Turnover1.46
Health
Industry RankSector Rank
Debt/Equity 0.5
Debt/FCF 3.18
Debt/EBITDA 1.25
Cap/Depr 95.1%
Cap/Sales 2.02%
Interest Coverage 250
Cash Conversion 85.76%
Profit Quality 136.39%
Current Ratio 1.3
Quick Ratio 0.79
Altman-Z 3.05
F-Score6
WACC9.14%
ROIC/WACC1.49
Cap/Depr(3y)102.24%
Cap/Depr(5y)91.98%
Cap/Sales(3y)1.93%
Cap/Sales(5y)1.79%
Profit Quality(3y)82.06%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)24.9%
EPS 3Y10.58%
EPS 5Y16.4%
EPS Q2Q%12.99%
EPS Next Y21.25%
EPS Next 2Y17.19%
EPS Next 3Y15.3%
EPS Next 5YN/A
Revenue 1Y (TTM)-41.45%
Revenue growth 3Y-0.29%
Revenue growth 5Y1.29%
Sales Q2Q%7.66%
Revenue Next Year6.69%
Revenue Next 2Y6.47%
Revenue Next 3Y6.33%
Revenue Next 5YN/A
EBIT growth 1Y-27.22%
EBIT growth 3Y8.93%
EBIT growth 5Y14.71%
EBIT Next Year54.18%
EBIT Next 3Y21.61%
EBIT Next 5YN/A
FCF growth 1Y148.29%
FCF growth 3Y22.46%
FCF growth 5YN/A
OCF growth 1Y55.42%
OCF growth 3Y13.7%
OCF growth 5YN/A

FLEX LTD / FLEX FAQ

Can you provide the ChartMill fundamental rating for FLEX LTD?

ChartMill assigns a fundamental rating of 6 / 10 to FLEX.


What is the valuation status for FLEX stock?

ChartMill assigns a valuation rating of 6 / 10 to FLEX LTD (FLEX). This can be considered as Fairly Valued.


Can you provide the profitability details for FLEX LTD?

FLEX LTD (FLEX) has a profitability rating of 8 / 10.


Can you provide the expected EPS growth for FLEX stock?

The Earnings per Share (EPS) of FLEX LTD (FLEX) is expected to grow by 21.25% in the next year.