FLEX LTD (FLEX) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:FLEX • SG9999000020

60.145 USD
+1.32 (+2.24%)
At close: Feb 5, 2026
59.5 USD
-0.65 (-1.07%)
After Hours: 2/5/2026, 8:26:14 PM
Fundamental Rating

6

Taking everything into account, FLEX scores 6 out of 10 in our fundamental rating. FLEX was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. While FLEX belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. FLEX scores decently on growth, while it is valued quite cheap. This could make an interesting combination.


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.
  • Each year in the past 5 years FLEX has 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

  • Looking at the Return On Assets, with a value of 4.77%, FLEX is in the better half of the industry, outperforming 69.92% of the companies in the same industry.
  • FLEX has a better Return On Equity (17.51%) than 87.80% of its industry peers.
  • With an excellent Return On Invested Capital value of 13.09%, FLEX belongs to the best of the industry, outperforming 91.06% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for FLEX is in line with the industry average of 8.89%.
  • The 3 year average ROIC (10.04%) for FLEX is below the current ROIC(13.09%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 4.77%
ROE 17.51%
ROIC 13.09%
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

  • FLEX has a Profit Margin of 3.33%. This is in the better half of the industry: FLEX outperforms 65.04% of its industry peers.
  • FLEX's Profit Margin has improved in the last couple of years.
  • FLEX's Operating Margin of 5.18% is fine compared to the rest of the industry. FLEX outperforms 65.85% of its industry peers.
  • FLEX's Operating Margin has improved in the last couple of years.
  • With a Gross Margin value of 9.14%, FLEX is not doing good in the industry: 81.30% of the companies in the same industry are doing better.
  • FLEX's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 5.18%
PM (TTM) 3.33%
GM 9.14%
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

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • FLEX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, FLEX has less shares outstanding
  • Compared to 5 years ago, FLEX has less shares outstanding
  • FLEX has a worse debt/assets ratio than last year.
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 2.95 indicates that FLEX is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • FLEX's Altman-Z score of 2.95 is in line compared to the rest of the industry. FLEX outperforms 46.34% of its industry peers.
  • The Debt to FCF ratio of FLEX is 3.10, which is a good value as it means it would take FLEX, 3.10 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of FLEX (3.10) is better than 70.73% 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.
  • With a Debt to Equity ratio value of 0.50, FLEX is not doing good in the industry: 69.11% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.5
Debt/FCF 3.1
Altman-Z 2.95
ROIC/WACC0.91
WACC14.42%
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

  • FLEX has a Current Ratio of 1.30. This is a normal value and indicates that FLEX is financially healthy and should not expect problems in meeting its short term obligations.
  • FLEX has a worse Current ratio (1.30) than 79.67% of its industry peers.
  • A Quick Ratio of 0.79 indicates that FLEX may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.79, FLEX is not doing good in the industry: 86.18% 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

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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.
  • The Earnings Per Share has been growing by 16.40% on average over the past years. This is quite good.
  • The Revenue has decreased by -2.28% in the past year.
  • 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)-2.28%
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.
  • The Revenue is expected to grow by 6.15% on average over the next years.
EPS Next Y21.25%
EPS Next 2Y17.19%
EPS Next 3Y15.3%
EPS Next 5YN/A
Revenue Next Year5.77%
Revenue Next 2Y5.96%
Revenue Next 3Y6.15%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 19.34, which indicates a rather expensive current valuation of FLEX.
  • Based on the Price/Earnings ratio, FLEX is valued cheaper than 81.30% of the companies in the same industry.
  • FLEX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.67.
  • FLEX is valuated correctly with a Price/Forward Earnings ratio of 16.53.
  • 83.74% of the companies in the same industry are more expensive than FLEX, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.20, FLEX is valued a bit cheaper.
Industry RankSector Rank
PE 19.34
Fwd PE 16.53
FLEX Price Earnings VS Forward Price EarningsFLEX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FLEX indicates a rather cheap valuation: FLEX is cheaper than 82.93% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, FLEX is valued cheaper than 85.37% of the companies in the same industry.
Industry RankSector Rank
P/FCF 18.67
EV/EBITDA 11.92
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.
  • FLEX has an outstanding profitability rating, which may justify a higher PE ratio.
  • FLEX's earnings are expected to grow with 15.30% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.91
PEG (5Y)1.18
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 (2/5/2026, 8:26:14 PM)

After market: 59.5 -0.65 (-1.07%)

60.145

+1.32 (+2.24%)

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 Change4.39%
Ins Owners0.62%
Ins Owner Change-1.56%
Market Cap22.24B
Revenue(TTM)25.81B
Net Income(TTM)876.00M
Analysts84.44
Price Target76.72 (27.56%)
Short Float %3.57%
Short Ratio2.55
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)7.7%
Min EPS beat(2)2.69%
Max EPS beat(2)12.72%
EPS beat(4)4
Avg EPS beat(4)9.41%
Min EPS beat(4)2.69%
Max EPS beat(4)19.26%
EPS beat(8)8
Avg EPS beat(8)10.64%
EPS beat(12)12
Avg EPS beat(12)10.5%
EPS beat(16)16
Avg EPS beat(16)11.89%
Revenue beat(2)1
Avg Revenue beat(2)1.35%
Min Revenue beat(2)-0.21%
Max Revenue beat(2)2.91%
Revenue beat(4)3
Avg Revenue beat(4)1.72%
Min Revenue beat(4)-0.21%
Max Revenue beat(4)3.6%
Revenue beat(8)5
Avg Revenue beat(8)1.62%
Revenue beat(12)7
Avg Revenue beat(12)1%
Revenue beat(16)11
Avg Revenue beat(16)1.88%
PT rev (1m)3.11%
PT rev (3m)25.52%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.07%
EPS NY rev (1m)0%
EPS NY rev (3m)3.79%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.12%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)1.53%
Valuation
Industry RankSector Rank
PE 19.34
Fwd PE 16.53
P/S 0.84
P/FCF 18.67
P/OCF 13.1
P/B 4.45
P/tB 6.7
EV/EBITDA 11.92
EPS(TTM)3.11
EY5.17%
EPS(NY)3.64
Fwd EY6.05%
FCF(TTM)3.22
FCFY5.35%
OCF(TTM)4.59
OCFY7.63%
SpS71.21
BVpS13.53
TBVpS8.97
PEG (NY)0.91
PEG (5Y)1.18
Graham Number30.77
Profitability
Industry RankSector Rank
ROA 4.77%
ROE 17.51%
ROCE 15.98%
ROIC 13.09%
ROICexc 17.89%
ROICexgc 24.5%
OM 5.18%
PM (TTM) 3.33%
GM 9.14%
FCFM 4.52%
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 Turnover1.43
Health
Industry RankSector Rank
Debt/Equity 0.5
Debt/FCF 3.1
Debt/EBITDA 1.28
Cap/Depr 87.41%
Cap/Sales 1.93%
Interest Coverage 250
Cash Conversion 87.39%
Profit Quality 135.96%
Current Ratio 1.3
Quick Ratio 0.79
Altman-Z 2.95
F-Score6
WACC14.42%
ROIC/WACC0.91
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)-2.28%
Revenue growth 3Y-0.29%
Revenue growth 5Y1.29%
Sales Q2Q%7.66%
Revenue Next Year5.77%
Revenue Next 2Y5.96%
Revenue Next 3Y6.15%
Revenue Next 5YN/A
EBIT growth 1Y-32.62%
EBIT growth 3Y8.93%
EBIT growth 5Y14.71%
EBIT Next Year54.18%
EBIT Next 3Y21.61%
EBIT Next 5YN/A
FCF growth 1Y131.71%
FCF growth 3Y22.46%
FCF growth 5YN/A
OCF growth 1Y44.88%
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 7 / 10 to FLEX LTD (FLEX). This can be considered as Undervalued.


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.