Stock Analysis
Flex Ltd. Ordinary SharesFLEX
P/E 34.34×· 5Y range 6.93–71.79×· top 10% of history
Sector: Technology · Industry: Printed Circuit Boards
AnalystsStrong Buy20 analystsP/E 34.3× sits at the 90th percentile of its 5.059548254620124-year history.
Cash covers 48% of debt · Q1 2027.
PMP Verdict
Mixed fundamentals, expensive valuation
Strengths
- Quality87
Risks
- Valuation35
- Growth37
Mixed fundamentals at a demanding price.
Market context
-8.2% today· Z 2.5σ· RVOL 1.6×
Bull Case
- ✓ROE 17.7% — efficient capital deployment
What's happening with FLEX
Profile
Strong earnings quality; valuation, moat, growth, profitability and financial health lag behind.
How is each axis scored?
- Valuation35/100 · Weak
- P/E vs own history (90th pct)0/25
- FCF yield (2.5%)5/25
- P/S (1.1x)25/25
- EV/EBIT (25.1x)5/25
- Growth37/100 · Weak
- Revenue CAGR (1.8%)6/25
- Net income CAGR (-1.5%)0/25
- EPS CAGR 5Y (4.7%)6/25
- Fwd implied growth (73.3%)25/25
- Profitability43/100 · Weak
- ROIC (13.3%)12/25
- ROE (17.7%)20/25
- Net margin (3.3%)6/25
- Operating margin (5.0%)5/25
- Financial Health44/100 · Weak
- Altman Z (1.77)10/25
- Current ratio (1.38)12/25
- Interest coverage (4.1x)10/25
- Net cash / debt (D/A 12%)12/25
- Quality87/100 · Strong
- Piotroski F (6/9)15/25
- Beneish M (-2.78)25/25
- FCF conversion (85%)22/25
- Margin stability (σ 1.4%)25/25
- Moat35/100 · Weak
- ROIC >12% years (5/10 yrs)13/25
- Median gross margin (7.0%)0/25
- FCF-positive years (7/10 yrs)10/25
- Worst-year net margin (worst 0.4%)12/25
Risk Flags
- ⚠Altman Z 1.8 — distress-zone balance sheet
- ⚠P/E 34.3× at top 10% of 5-year history
About Flex Ltd. Ordinary Shares
Flex Ltd is the developed, end-to-end manufacturing partner of choice that helps a diverse customer base design, build, deliver and manage products that improve the world. Show more
The Company's full suite of specialized capabilities includes design and engineering, supply chain, manufacturing, and integrated services, plus a portfolio of power and cooling products. Its reportable segments includes Integrated Technology Solutions, Regulated Manufacturing Solutions, and Cloud and Power Infrastructure.
Headquarters: AUSTIN, TX · Employees: 149,686 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
35DP/E (TTM)34.2xC
Grade C: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 6.9x–71.8x · 90th pct
P/FCF42.7xC
Grade C: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield2.5%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 1.1%–12.7% · 20th pct
P/S (TTM)1.14xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 0.2x–2.3x · 90th pct
EV/EBIT25.1xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 7.0x–48.6x · 88th pct
EV/Sales2.5xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E19.7xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio6.05xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio2.77C
Grade C: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
43D+ROIC13.3%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE17.7%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA2.3%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin3.3%D
Grade D: LowNet Income / Revenue
Operating Margin5.0%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin9.4%D
Grade D: LowGross Profit / Revenue
FCF Margin2.8%D
Grade D: LowFCF / Revenue
True FCF Margin2.3%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
37DRevenue CAGR1.8%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-1.5%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)4.7%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth73.3%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-26.0%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income14.6%C
Grade C: MedStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.5%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
44D+Altman Z-Score1.77D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.38xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio0.87xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage4.1xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment3.7yC
Grade C: AverageYears to repay net debt via FCF
Net Debt/EBIT2.1xC
Grade C: MedLeverage. <2x Low, >4x High
Debt/Equity1.08xC
Grade C: MedDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.48xC
Grade C: PartialCash covers how much of total debt. >1 = could repay all debt from cash
Quality
87APiotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.78A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion84.9%A
Grade A: StrongFCF / Net Income
Margin Stability1.4%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue2.5%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.68xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Eubanks Richard M. Filed | Eubanks Richard M. | Grant / award | +1.8K | |
Oliver George Filed | Oliver George | Grant / award | +1.8K | |
Hartung Michael P Filed | Hartung Michael P | SellOpen market sale | -8 | |
Hartung Michael P Filed | Hartung Michael P | SellOpen market sale | -196 | |
Hartung Michael P Filed | Hartung Michael P | SellOpen market sale | -272 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Hartung Michael P Filed | Hartung Michael P | SellOpen market sale | -1272 | |
Hartung Michael P Filed | Hartung Michael P | SellOpen market sale | -1007 | |
Advaithi Revathi Filed | Advaithi Revathi | SellJ | -35051 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
35DROIC >12% Years5/10 yrsC
Grade C: ModerateShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)7.0%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years7/10 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor0.4%C
Grade C: ModerateWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$2.63
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$6.53
Cash & short-term investments per share (Finnhub)
Book Value / Share$14.07
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$5.93B
Total debt obligations (short + long term)
Cash & Equiv.$2.84B
Cash and short-term investments
Net Debt$3.09B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$5.50B
Shareholders' equity (book value)
Asset / Liability1.28xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$33.25B
Current Market Capitalization
Beta1.78C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Flex Ltd. Ordinary Shares (FLEX)
FLEX is down 8.16% at the last close. Piotroski F-Score of 6/9 indicates mixed fundamentals for Flex Ltd. Ordinary Shares. Altman Z-Score of 1.77 is below the 1.81 distress threshold — an elevated financial-risk flag.
- Beneish M-Score of -2.78 suggests a low likelihood of earnings manipulation.
- Takes ~3.7 years to repay net debt from free cash flow.
See how FLEX ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all FLEX moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 16 | Regular | 90.64 | -7.98% | -2.26 |
| Oct 16 | After-hours | 90.00 | -8.63% | -2.46 |
| Oct 14 | Regular | 100.51 | -9.35% | -3.66 |
| Oct 14 | After-hours | 98.90 | -10.80% | -4.25 |
| Oct 13 | Regular | 110.50 | -5.75% | -2.66 |
Frequently Asked Questions about FLEX
What is the current Flex Ltd. Ordinary Shares (FLEX) stock price?
FLEX is trading at $90.46 at the last market close, down 8.16% on the session. PreMarketPrice tracks FLEX pre-market, intraday and after-hours prices.
Is FLEX stock a buy right now?
PreMarketPrice's quantitative model rates Flex Ltd. Ordinary Shares's financial health at 44/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is FLEX stock overvalued?
Flex Ltd. Ordinary Shares trades at a trailing P/E of 34.2 and our valuation score rates it 35/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Flex Ltd. Ordinary Shares report earnings?
No confirmed earnings date is currently scheduled for FLEX. The Earnings section lists recent reports and updates as dates are announced.
What sector does Flex Ltd. Ordinary Shares operate in?
Flex Ltd. Ordinary Shares operates in the Technology sector, within the Printed Circuit Boards industry. The Related Stocks section lists sector peers for comparison.
What does Flex Ltd. Ordinary Shares do?
Flex Ltd is the developed, end-to-end manufacturing partner of choice that helps a diverse customer base design, build, deliver and manage products that improve the world.
About Flex Ltd. Ordinary Shares (FLEX) Stock
Flex Ltd. Ordinary Shares (FLEX) is a US-listed stock operating in the Technology sector, specifically the Printed Circuit Boards industry. As of the latest update, Flex Ltd. Ordinary Shares is trading at $90.46, down 8.16% on the day with a market capitalization of $33.3 billion. The financial health score for FLEX is 44/100, which indicates weak financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for FLEX stock.
FLEX Stock Analysis & Key Metrics
On PreMarketPrice, you can track Flex Ltd. Ordinary Shares (FLEX) across multiple dimensions:
- Pre-market price & movement: Real-time FLEX stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for FLEX with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Flex Ltd. Ordinary Shares across multiple reporting periods.
- Financial health score: A composite score of 44/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for FLEX.
- Sector peers: Compare FLEX against 6 other technology stocks on key financial metrics.
Is FLEX a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Flex Ltd. Ordinary Shares (FLEX) as an investment. The financial health score of 44/100 suggests weak financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Flex Ltd. Ordinary Shares (FLEX) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.