Flex Ltd. (FLEX)

Last Closing Price: 23.78 (2023-02-01)

Company Description

Flex Ltd is a provider of 'Sketch-to-Scale' services to original equipment manufacturers. The company provides end-to-end services i.e. designing, engineering, manufacturing, and supply chain services & solutions. It serves companies in various industries and end-markets like medical, automotive, industrial, home appliances, capital equipment, energy, telecom, networking, enterprise compute, wearables, connected living, and mobile. It has focused on 3D printing, automation, innovation labs, real-time supply chain software, machine-to-machine communications, advanced simulation & visualization, and AR/VR. Flex is a partner for brands and companies like Fossil, Skullcandy, Nike, Savari, Caruma Technologies, etc. It has 2 segments - Flex Agility Solutions Group and Flex Reliability Solutions Group. Flex Agility Solutions Group comprises Communications & Enterprise Compute, Lifestyle and Consumer Devices businesses. Flex Reliability Solutions Group comprises Health Solutions, Automotive & Industrial businesses.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $26.04B
Net Income (Most Recent Fiscal Year) $936.00M
PE Ratio (Current Year Earnings Estimate) 11.49
PE Ratio (Trailing 12 Months) 13.51
PEG Ratio (Long Term Growth Estimate) 0.90
Price to Sales Ratio (Trailing 12 Months) 0.36
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 2.38
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 7.77
Pre-Tax Margin (Trailing 12 Months) 3.24%
Net Margin (Trailing 12 Months) 2.76%
Return on Equity (Trailing 12 Months) 19.38%
Return on Assets (Trailing 12 Months) 4.05%
Current Ratio (Most Recent Fiscal Quarter) 1.36
Quick Ratio (Most Recent Fiscal Quarter) 0.65
Debt to Common Equity (Most Recent Fiscal Quarter) 0.78
Inventory Turnover (Trailing 12 Months) 3.74
Book Value per Share (Most Recent Fiscal Quarter) $9.99
Earnings per Share (Most Recent Fiscal Quarter) $0.50
Earnings per Share (Most Recent Fiscal Year) $1.94
Diluted Earnings per Share (Trailing 12 Months) $1.76
Stock
Exchange NASDAQ
Sector Technology
Industry Electronic Components
Common Shares Outstanding 451.08M
Free Float 448.64M
Market Capitalization $10.73B
Average Volume (Last 20 Days) 5.87M
Beta (Past 60 Months) 1.47
Percentage Held By Insiders (Latest Annual Proxy Report) 0.54%
Percentage Held By Institutions (Latest 13F Reports) 95.44%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%