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Flex Ltd

FLEX | US

65.04

USD

3.40

5.52%

FLEX | US

About Flex Ltd

Sector

Technology

Industry

Contract Manufacturers

Earnings date

30/06/2024

As of date

23/03/2026

Close

65.04

Open

63.19

High

66.05

Low

63.08

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
52.5
Sharpe
1.61
Luna's Score
54/100
Recommendation
Hold

Luna says (FLEX | US)

What's Working

Largecap (10B - 200B USD)

Value Stock (Price to Book < 3)

Strong Sharpe Ratio (> 1.2)

What's not Working

High Short-term Volatility

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Declining Revenue (< 0%)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

10 days

53.3%

1 month

52.5%

3 months

48.7%

6 months

47.7%

Returns

Fundamental Ratios

PE

17.45

Fwd. PE

14.31

Price to book

2.77

Debt to equity

0.74

Debt to assets

0.21

Ent. to EBITDA

10.69

Ent. to rev.

0.59

PEG

0.97

Other Fundamentals

EBITDA

1.56B

MarketCap

25.83B

MarketCap(USD)

25.83B

Div. yield

-

Op. margin

4.09

Erngs. growth

-17.10

Rev. growth

-8.40

Ret. on equity

16.03

Short ratio

2.29

Short perc.

4.61

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

7.73

Range1M

8.13

Range3M

12.77

Volumes: Market Activity

Rel. volume

0.75

Price X volume

164.27M

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  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA10.69-Par
Ent. to Revenue0.59-Cheaper
PE Ratio17.4534.98Cheaper
Price to Book2.772.85Par
Dividend Yield---
Std. Deviation (3M)48.73-Par
Debt to Equity0.740.80Par
Debt to Assets0.210.22Par
Market Cap25.83B-Market Leader
  • 1

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