Flex Ltd. Statistics
Share Statistics
Flex Ltd. has 387.78M shares outstanding. The number of shares has increased by -8.38% in one year.
| Shares Outstanding | 387.78M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -0.43% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 384.96M |
| Failed to Deliver (FTD) Shares | 99.75K |
| FTD / Avg. Volume | 2.14% |
Short Selling Information
The latest short interest is 9.59M, so 2.47% of the outstanding shares have been sold short.
| Short Interest | 9.59M |
| Short % of Shares Out | 2.47% |
| Short % of Float | 2.49% |
| Short Ratio (days to cover) | 3.85 |
Valuation Ratios
The PE ratio is 12.3 and the forward PE ratio is 13.65.
| PE Ratio | 12.3 |
| Forward PE | 13.65 |
| PS Ratio | 0.47 |
| Forward PS | 0.6 |
| PB Ratio | 2.32 |
| P/FCF Ratio | 15.54 |
| PEG Ratio | n/a |
Enterprise Valuation
Flex Ltd. has an Enterprise Value (EV) of 13.49B.
| EV / Earnings | 13.41 |
| EV / Sales | 0.51 |
| EV / EBITDA | 10.18 |
| EV / EBIT | 13.12 |
| EV / FCF | 16.95 |
Financial Position
The company has a current ratio of 1.52, with a Debt / Equity ratio of 0.61.
| Current Ratio | 1.52 |
| Quick Ratio | 0.79 |
| Debt / Equity | 0.61 |
| Total Debt / Capitalization | 37.98 |
| Cash Flow / Debt | 0.41 |
| Interest Coverage | 4.97 |
Financial Efficiency
Return on equity (ROE) is 0.19% and return on capital (ROIC) is 14.83%.
| Return on Equity (ROE) | 0.19% |
| Return on Assets (ROA) | 0.06% |
| Return on Capital (ROIC) | 14.83% |
| Revenue Per Employee | 178.34K |
| Profits Per Employee | 6.79K |
| Employee Count | 148.12K |
| Asset Turnover | 1.45 |
| Inventory Turnover | 3.94 |
Taxes
| Income Tax | -206.00M |
| Effective Tax Rate | -0.31 |
Stock Price Statistics
The stock price has increased by 82.67% in the last 52 weeks. The beta is 1.08, so Flex Ltd.'s price volatility has been higher than the market average.
| Beta | 1.08 |
| 52-Week Price Change | 82.67% |
| 50-Day Moving Average | 36.84 |
| 200-Day Moving Average | 31.82 |
| Relative Strength Index (RSI) | 50.01 |
| Average Volume (20 Days) | 4.67M |
Income Statement
In the last 12 months, Flex Ltd. had revenue of $26.41B and earned $1.01B in profits. Earnings per share was $2.31.
| Revenue | 26.41B |
| Gross Profit | 1.95B |
| Operating Income | 1.03B |
| Net Income | 1.01B |
| EBITDA | 1.32B |
| EBIT | 1.03B |
| Earnings Per Share (EPS) | 2.31 |
Balance Sheet
The company has $2.47B in cash and $3.75B in debt, giving a net cash position of -$1.28B.
| Cash & Cash Equivalents | 2.47B |
| Total Debt | 3.75B |
| Net Cash | -1.28B |
| Retained Earnings | 446.00M |
| Total Assets | 18.59B |
| Working Capital | 4.04B |
Cash Flow
In the last 12 months, operating cash flow was $1.33B and capital expenditures -$530.00M, giving a free cash flow of $796.00M.
| Operating Cash Flow | 1.33B |
| Capital Expenditures | -530.00M |
| Free Cash Flow | 796.00M |
| FCF Per Share | 1.83 |
Margins
Gross margin is 7.38%, with operating and profit margins of 3.89% and 3.81%.
| Gross Margin | 7.38% |
| Operating Margin | 3.89% |
| Pretax Margin | 2.52% |
| Profit Margin | 3.81% |
| EBITDA Margin | 5.02% |
| EBIT Margin | 3.89% |
| FCF Margin | 3.01% |
Dividends & Yields
FLEX does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 6.02% |
| FCF Yield | 5.35% |
Analyst Forecast
The average price target for FLEX is $42.5, which is 10.7% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $42.5 |
| Price Target Difference | 10.7% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 6 |
Stock Splits
The last stock split was on Jan 3, 2024. It was a forward split with a ratio of 1327:1000.
| Last Split Date | Jan 3, 2024 |
| Split Type | forward |
| Split Ratio | 1327:1000 |
Scores
| Altman Z-Score | 2.4 |
| Piotroski F-Score | 6 |