Flex Ltd.
General ticker "FLEX" information:
- Sector: Information Technology
- Industry: Electronic Equipment, Instruments & Components
- Capitalization: $17.3B (TTM average)
Flex Ltd. closely follows the US Stock Market performance with the rate: 80.6%.
Estimated limits based on current volatility of 2.3%: low 57.73$, high 60.42$
Factors to consider:
- Total employees count: 148000 (-14.0%) as of 2024
- 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
- Top business risk factors: Dependence on technologically advanced industries, Customer order cancellations, Customer concentration, Operational and conduct risks, IT and physical security breaches
- Current price 35.8% above estimated high
- Earnings for 6 months up through Q2 exceed 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 2025-03-31 to 2027-03-31
- 2025-03-31 to 2026-03-31 estimated range: [30.12$, 45.07$]
- 2026-03-31 to 2027-03-31 estimated range: [32.45$, 48.55$]
Financial Metrics affecting the FLEX estimates:
- Positive: with PPE of 13.3 at the end of fiscal year the price was low
- Positive: -3.60 < Operating profit margin, % of 4.53
- Negative: Industry operating cash flow per share per price (median), % of 2.05 <= 5.52
- Positive: 6.82 < Operating cash flow per share per price, % of 10.89
- Positive: Industry inventory ratio change (median), % of -0.23 <= -0.15
- Positive: 1.87 < Return on assets ratio (scaled to [-100,100]) of 4.36
- Positive: 18.93 < Shareholder equity ratio, % of 27.21 <= 41.86
- Positive: Inventory ratio change, % of -1.20 <= -0.75
Short-term FLEX quotes
Long-term FLEX plot with estimates
Financial data
| YTD | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating Revenue | $28,502.00MM | $26,415.00MM | $25,813.00MM |
| Operating Expenses | $27,485.00MM | $25,562.00MM | $24,644.00MM |
| Operating Income | $1,017.00MM | $853.00MM | $1,169.00MM |
| Non-Operating Income | $-210.00MM | $-187.00MM | $-146.00MM |
| Interest Expense | $230.00MM | $207.00MM | $218.00MM |
| Income(Loss) | $807.00MM | $666.00MM | $1,023.00MM |
| Taxes | $124.00MM | $-206.00MM | $185.00MM |
| Other Income(Loss) | $350.00MM | $373.00MM | $0.00MM |
| Profit(Loss)* | $793.00MM | $1,006.00MM | $838.00MM |
| Stockholders Equity | $5,351.00MM | $5,325.00MM | $5,002.00MM |
| Inventory | $7,388.00MM | $6,205.00MM | $5,071.00MM |
| Assets | $21,407.00MM | $18,257.00MM | $18,381.00MM |
| Operating Cash Flow | $950.00MM | $1,326.00MM | $1,505.00MM |
| Capital expenditure | $635.00MM | $530.00MM | $438.00MM |
| Investing Cash Flow | $-604.00MM | $-492.00MM | $-838.00MM |
| Financing Cash Flow | $2.00MM | $-1,656.00MM | $-821.00MM |
| Earnings Per Share** | $1.75 | $2.47 | $2.14 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.