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Flex Ltd

FLEX | US

35.11

USD

1.08

3.17%

FLEX | US

About Flex Ltd

Sector

Technology

Industry

Contract Manufacturers

Earnings date

30/06/2024

As of date

11/10/2024

Close

35.11

Open

33.85

High

35.20

Low

33.85

Flex Ltd. provides technology supply chain and manufacturing solutions in Asia the Americas and Europe. It operates through three segments: Flex Agility Solutions (FAS) Flex Reliability Solutions (FRS) and Nextracker. The FAS segment offers flexible supply and manufacturing system comprising communications enterprise and cloud solution which includes data edge and communications infrastructure; lifestyle solution including appliances consumer packaging floorcare micro mobility and audio; and consumer devices such as mobile and high velocity consumer devices. Its FRS segment provides complex ramps with specialized production models and critical environments which comprise automotive including next generation mobility autonomous connectivity electrification and smart technologies; health solutions such as medical devices medical equipment and drug delivery; and industrial solutions including capital equipment industrial devices and renewables and grid edge. The Nextracker segment offers solar tracker and software solutions which are used in utility-scale and ground-mounted distributed generation solar projects. In addition it provides a broad array of services including design and engineering component services rapid prototyping fulfillment and circular economy solutions. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1969 and is headquartered in Singapore.

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FLEX | US

Risk
39.1
Sharpe
0.62
Luna's Score
52/100
Recommendation
Hold

Luna says (FLEX | US)

What's Working

Positive Momentum

Largecap (10B - 200B USD)

Value Stock (Price to Book < 3)

What's not Working

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Declining Revenue (< 0%)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

25.8%

1 month

39.1%

3 months

44.6%

6 months

40.1%

Returns

Fundamental Ratios

PE

16.73

Fwd. PE

13.72

Price to book

2.66

Debt to equity

0.74

Debt to assets

0.21

Ent. to EBITDA

10.29

Ent. to rev.

0.57

PEG

0.97

Other Fundamentals

EBITDA

1.56B

MarketCap

13.94B

MarketCap(USD)

13.94B

Div. yield

-

Op. margin

4.09

Erngs. growth

-17.10

Rev. growth

-8.40

Ret. on equity

16.03

Short ratio

2.44

Short perc.

2.64

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

2.79

Range1M

6.92

Range3M

9.18

Volumes: Market Activity

Rel. volume

0.60

Price X volume

96.49M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Fortress Transportation and Infrastructure Investors LLCFTAIRental & Leasing Services146.414.96B1.60%n/a4423.93%
Jabil IncJBLContract Manufacturers124.2314.09B1.07%10.89187.51%
Enphase Energy IncENPHSemiconductor Equipment & Materials100.9713.79B1.79%113.92149.39%
AMERCOUHALRental & Leasing Services75.3112.87B0.99%28.4686.18%
nVent Electric plcNVTElectronic Components72.8712.11B1.11%20.3757.48%
Common StockONTOSemiconductor Equipment & Materials217.7910.76B4.52%62.590.97%
Universal Display CorporationOLEDSemiconductor Equipment & Materials206.869.82B1.52%45.431.61%
Acuity Brands IncAYIElectronic Components3089.48B2.81%22.8320.86%
Celestica IncCLSContract Manufacturers63.067.49B2.96%17.5952.78%
MKS Instruments IncMKSIScientific & Technical Instruments109.47.36B2.21%705.73229.33%
  • 1

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VeriFone Systems IncPAYBuilding Products & Equipment22.782.70B7.71%80.002.10%
HNI CorporationHNIBuilding Products & Equipment53.052.50B1.75%21.5776.47%
Lions Gate Entertainment CorpLGF-BMedia - Diversified6.751.70B0.00%n/a28882.88%
Lions Gate Entertainment CorpLGF-AMedia - Diversified7.61.68B-0.78%n/a28882.88%
AMC Entertainment Holdings IncAMCMedia - Diversified4.171.52B-0.48%n/a-511.14%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA10.299.88Par
Ent. to Revenue0.570.75Cheaper
PE Ratio16.7332.66Cheaper
Price to Book2.662.73Par
Dividend Yield-1.30-
Std. Deviation (3M)44.6053.37Par
Debt to Equity0.740.83Par
Debt to Assets0.210.22Par
Market Cap13.94B5.18BMarket Leader
  • 1

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