Flex Ltd
General ticker "FLEX" information:
- Sector: Information Technology
- Industry: Electronic Equipment, Instruments & Components
- Capitalization: $14.1B (TTM average)
Flex Ltd closely follows the US Stock Market performance with the rate: 77.7%.
Estimated limits based on current volatility of 4.4%: low 27.83$, high 30.68$
Factors to consider:
- China accounted for 19.4% of revenue in the fiscal year ended 2024-03-31
- US accounted for 13.6% of revenue in the fiscal year ended 2024-03-31
- Price in estimated range
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-03-31 to 2026-03-31
- 2024-03-31 to 2025-03-31 estimated range: [25.32$, 36.57$]
- 2025-03-31 to 2026-03-31 estimated range: [25.59$, 37.25$]
Financial Metrics affecting the FLEX estimates:
- Positive: Non-GAAP EPS, $ of 2.53 > 2.18
- Positive: 2.69 < Return on assets ratio (scaled to [-100,100]) of 4.56
- Positive: 7.10 < Operating cash flow per share per price, % of 10.66
- Positive: -0.18 < Operating profit margin, % of 3.23
- Negative: Industry inventory ratio change (median), % of 0.36 > 0.33
- Negative: Industry operating cash flow per share per price (median), % of 2.46 <= 2.91
- Positive: -0.16 < Industry operating profit margin (median), % of 1.52
Short-term FLEX quotes
Long-term FLEX plot with estimates
Financial data
YTD | 2022-03-31 | 2023-03-31 | 2024-03-31 |
---|---|---|---|
Operating Revenue | $24,633.00MM | $28,502.00MM | $26,415.00MM |
Operating Expenses | $23,743.00MM | $27,485.00MM | $25,562.00MM |
Operating Income | $890.00MM | $1,017.00MM | $853.00MM |
Non-Operating Income | $74.00MM | $-210.00MM | $-187.00MM |
Interest Expense | $166.00MM | $230.00MM | $207.00MM |
Income(Loss) | $964.00MM | $807.00MM | $666.00MM |
Taxes | $92.00MM | $124.00MM | $-206.00MM |
Other Income(Loss) | $68.00MM | $350.00MM | $373.00MM |
Profit(Loss)* | $936.00MM | $793.00MM | $1,006.00MM |
Stockholders Equity | $4,129.00MM | $5,351.00MM | $5,325.00MM |
Inventory | $6,580.00MM | $7,530.00MM | $6,205.00MM |
Assets | $19,325.00MM | $21,407.00MM | $18,257.00MM |
Operating Cash Flow | $1,024.00MM | $950.00MM | $1,326.00MM |
Capital expenditure | $443.00MM | $635.00MM | $530.00MM |
Investing Cash Flow | $-951.00MM | $-604.00MM | $-492.00MM |
Financing Cash Flow | $280.00MM | $2.00MM | $-1,656.00MM |
Earnings Per Share** | $1.97 | $1.75 | $2.47 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.