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1 Comment
Flex Ltd is currently in a long term uptrend where the price is trading 0.8% above its 200 day moving average.
From a valuation standpoint, the stock is 97.1% cheaper than other stocks from the Technology sector with a price to sales ratio of 0.4.
Flex Ltd's total revenue rose by 4.0% to $7B since the same quarter in the previous year.
Its net income has increased by 86.7% to $208M since the same quarter in the previous year.
Finally, its free cash flow grew by 275.3% to $272M since the same quarter in the previous year.
Based on the above factors, Flex Ltd gets an overall score of 5/5.
Sector | Technology |
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Industry | Electronic Components |
Exchange | F |
CurrencyCode | EUR |
ISIN | SG9999000020 |
Beta | 0.98 |
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Market Cap | 10B |
PE Ratio | 12.71 |
Target Price | 23.71 |
Dividend Yield | None |
Flex Ltd. provides manufacturing solutions to various brands in Asia, the Americas, and Europe. It operates through two segments, Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). 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, embedded and critical power offerings, and renewables and grid edge. In addition, it provides various services, including design and engineering, such as product design and engineering resources that provide design services, product development, systems integration services, and solutions; supply chain comprising manufacturing, customization, procurement, logistics services, and innovative supply chain solutions; manufacturing; logistics and value-added fulfillment, including warehousing and vendor managed inventory, omni-channel fulfillment, kitting, configuration, and postponement; and integrated reverse logistics and circular economy. Further, the company offers embedded and critical power 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 Austin, Texas.
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