FLEX:NGS-Flex Ltd. (USD)

EQUITY | Electronic Components | Nasdaq Global Select

Last Closing

USD 37.96

Change

-1.08 (-2.77)%

Market Cap

USD 7.73B

Volume

2.06M

Analyst Target

USD 14.57
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Flex Ltd designs, build, ships and service complete packaged consumer electronics and industrial products for original equipment manufacturers.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-12 )

Largest Industry Peers for Electronic Components

Symbol Name Price(Change) Market Cap
OLED Universal Display

-4.91 (-2.85%)

USD 8.55B
LFUS Littelfuse Inc

+0.14 (+0.06%)

USD 6.19B
PLXS Plexus Corp

-4.70 (-2.93%)

USD 3.92B
SANM Sanmina Corporation

-2.16 (-2.67%)

USD 3.90B
TTMI TTM Technologies Inc

-0.91 (-3.62%)

USD 2.25B
OSIS OSI Systems Inc

-0.30 (-0.20%)

USD 2.21B
VICR Vicor Corporation

-1.27 (-2.18%)

USD 2.08B
BELFB Bel Fuse B Inc

-3.38 (-4.23%)

USD 1.04B
BELFA Bel Fuse A Inc

-4.93 (-4.99%)

USD 1.04B
DAKT Daktronics Inc

-0.10 (-0.67%)

USD 0.61B

ETFs Containing FLEX

D6RD:XETRA Deka Future Energy ESG UC.. 6.68 % 0.00 %

+1.10 (+0%)

N/A
NSGE:CA NBI Sustainable Global Eq.. 2.72 % 0.00 %

-0.16 (0%)

CAD 0.53B
BUSA 2.51 % 0.00 %

N/A

N/A
USSMC:SW UBS (Irl) ETF plc - MSCI .. 0.55 % 0.00 %

+0.30 (+0%)

N/A
CSY8:F Credit Suisse Index Fund .. 0.55 % 0.00 %

+0.26 (+0%)

USD 0.55B
CSY8:XETRA UBS (Irl) ETF plc - MSCI .. 0.55 % 0.00 %

+0.96 (+0%)

USD 0.55B
JHMM John Hancock Multifactor .. 0.44 % 0.44 %

-0.14 (0%)

USD 4.20B
H41G:XETRA HSBC MSCI World Small Cap.. 0.36 % 0.00 %

-0.01 (0%)

N/A
IUSN:XETRA iShares MSCI World Small .. 0.20 % 0.00 %

+0.03 (+0%)

USD 3.82B
FONE 0.00 % 0.70 %

N/A

N/A
GWL 0.00 % 0.34 %

N/A

N/A
IPK 0.00 % 0.40 %

N/A

N/A
WDSC:LSE SPDR MSCI World Small Cap.. 0.00 % 0.00 %

-0.10 (0%)

N/A
WLDS:LSE iShares MSCI World Small .. 0.00 % 0.00 %

+0.02 (+0%)

N/A
WOSC:LSE SPDR MSCI World Small Cap.. 0.00 % 0.00 %

+0.20 (+0%)

N/A
WSML:LSE iShares MSCI World Small .. 0.00 % 0.00 %

-0.02 (0%)

N/A
IUSN:F iShares MSCI World Small .. 0.00 % 0.00 %

+0.05 (+0%)

N/A
LOPP Gabelli ETFs Trust - Gabe.. 0.00 % 0.00 %

+0.05 (+0%)

USD 0.01B

Market Performance

  Market Performance vs. Industry/Classification (Electronic Components) Market Performance vs. Exchange (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 65.37% 82% B 90% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 65.37% 82% B 90% A-
Trailing 12 Months  
Capital Gain 87.96% 88% B+ 89% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 87.96% 88% B+ 89% A-
Trailing 5 Years  
Capital Gain 321.88% 88% B+ 95% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 321.88% 88% B+ 95% A
Average Annual (5 Year Horizon)  
Capital Gain 29.15% 75% C 80% B-
Dividend Return 29.15% 75% C 79% B-
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 34.57% 72% C 55% F
Risk Adjusted Return 84.33% 91% A- 93% A
Market Capitalization 7.73B 100% F 94% A

Key Financial Ratios

  Ratio vs. Industry/Classification (Electronic Components) Ratio vs. Market (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 24.50 79% 53%
Price/Book Ratio 2.75 42% 38%
Price / Cash Flow Ratio 10.38 39% 28%
Price/Free Cash Flow Ratio 10.44 58% 33%
Management Effectiveness  
Return on Equity 15.44% 85% 86%
Return on Invested Capital 13.88% 85% 82%
Return on Assets 3.41% 67% 80%
Debt to Equity Ratio 61.24% 10% 36%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector