FLEX:NGS-Flex Ltd. (USD)

EQUITY | Electronic Components | Nasdaq Global Select

Last Closing

USD 28.97

Change

+0.27 (+0.94)%

Market Cap

USD 7.73B

Volume

2.93M

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: 2024-04-26 )

Largest Industry Peers for Electronic Components

Symbol Name Price(Change) Market Cap
OLED Universal Display

-1.39 (-0.79%)

USD 7.51B
LFUS Littelfuse Inc

-0.18 (-0.07%)

USD 5.77B
SANM Sanmina Corporation

+0.40 (+0.62%)

USD 3.51B
PLXS Plexus Corp

+0.39 (+0.36%)

USD 2.77B
OSIS OSI Systems Inc

+1.26 (+0.94%)

USD 2.30B
TTMI TTM Technologies Inc

+0.16 (+0.91%)

USD 1.54B
VICR Vicor Corporation

+0.16 (+0.48%)

USD 1.53B
BELFB Bel Fuse B Inc

+0.53 (+0.86%)

USD 0.76B
BELFA Bel Fuse A Inc

+0.39 (+0.54%)

USD 0.76B
ALNT Allient Inc.

-1.10 (-3.53%)

USD 0.52B

ETFs Containing FLEX

D6RD:XETRA Deka Future Energy ESG UC.. 6.36 % 0.00 %

+0.35 (+0.00%)

N/A
WSCR:LSE UBS (Irl) ETF plc - MSCI .. 0.72 % 0.00 %

+3.55 (+0.00%)

USD 0.11B
WSCSRI:SW UBS (Irl) ETF plc - UBS (.. 0.71 % 0.00 %

N/A

USD 0.41B
UIMS:XETRA UBS (Irl) ETF plc - UBS (.. 0.68 % 0.00 %

+0.03 (+0.00%)

USD 0.07B
CSY8:F Credit Suisse Index Fund .. 0.56 % 0.00 %

-0.48 (0.00%)

USD 0.55B
CSY8:XETRA Credit Suisse Index Fund .. 0.56 % 0.00 %

+0.66 (+0.00%)

USD 0.55B
USSMC:SW Credit Suisse Index Fund .. 0.56 % 0.00 %

N/A

USD 0.46B
H41G:XETRA HSBC MSCI World Small Cap.. 0.37 % 0.00 %

+0.07 (+0.00%)

USD 0.11B
VISM:AU Vanguard MSCI Internation.. 0.17 % 0.00 %

-0.19 (0.00%)

USD 0.29B
WSML:LSE iShares MSCI World Small .. 0.17 % 0.00 %

+0.04 (+0.00%)

USD 3.76B
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
IUSN:F iShares MSCI World Small .. 0.00 % 0.00 %

+0.03 (+0.00%)

USD 3.82B
IUSN:XETRA iShares MSCI World Small .. 0.00 % 0.00 %

+0.03 (+0.00%)

USD 3.82B

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 -4.89% 55% F 44% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -4.89% 55% F 43% F
Trailing 12 Months  
Capital Gain 40.84% 80% B- 85% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 40.84% 80% B- 85% B
Trailing 5 Years  
Capital Gain 169.24% 83% B 90% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 169.24% 83% B 90% A-
Average Annual (5 Year Horizon)  
Capital Gain 29.38% 67% D+ 85% B
Dividend Return 29.38% 67% D+ 85% B
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 33.73% 73% C 55% F
Risk Adjusted Return 87.09% 97% N/A 95% 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 54% 51%
Price/Book Ratio 2.03 47% 47%
Price / Cash Flow Ratio 12.74 32% 21%
Price/Free Cash Flow Ratio 7.28 53% 32%
Management Effectiveness  
Return on Equity 21.96% 87% 90%
Return on Invested Capital 14.19% 85% 84%
Return on Assets 4.25% 61% 83%
Debt to Equity Ratio 68.98% 10% 33%

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.

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.

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