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Last update at 2024-11-20T20:40:00Z
Will Flex's Top-Line Benefit From Crown Technical Systems Buyout?
Fri 18 Oct 24, 03:12 PMFlex to Acquire Crown Technical Systems
Thu 17 Oct 24, 01:05 PMFlex Unveils New Solutions for AI Workloads, Partners With JetCool
Wed 16 Oct 24, 12:32 PMCalculating The Fair Value Of Flex Ltd. (NASDAQ:FLEX)
Mon 14 Oct 24, 04:45 PMFlex Announces Date for Second Quarter Fiscal 2025 Earnings Call
Wed 09 Oct 24, 08:05 PMFlex Ltd. (FLEX) Partners with Musashi Energy to Develop AI Data Center Energy Storage Solutions
Fri 04 Oct 24, 09:44 PMBreakdown | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 |
Income before tax | 974.00M | 1045.00M | 714.00M | 158.49M | 182.13M |
Minority interest | -240.00000M | -4.00000M | - | - | - |
Net income | 793.00M | 936.00M | 613.00M | 87.58M | 93.40M |
Selling general administrative | 995.00M | 892.00M | 817.00M | 834.11M | 953.08M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 2265.00M | 1932.00M | 1687.00M | 1337.96M | 1517.78M |
Reconciled depreciation | 501.00M | 484.00M | 569.00M | 748.05M | 764.95M |
Ebit | 1184.00M | 972.00M | 821.00M | 348.19M | 379.89M |
Ebitda | 1693.00M | 1456.00M | 1390.00M | 1096.24M | 1144.84M |
Depreciation and amortization | 509.00M | 484.00M | 569.00M | 748.05M | 764.95M |
Non operating income net other | -9.00000M | 73.00M | -81.00000M | -255.27700M | -293.86800M |
Operating income | 1184.00M | 972.00M | 821.00M | 348.19M | 490.30M |
Other operating expenses | 29158.00M | 25069.00M | 23316.00M | 23770.12M | 25815.21M |
Interest expense | 458.00M | 152.00M | 150.00M | 163.73M | 183.45M |
Tax provision | -59.00000M | 105.00M | 101.00M | 70.91M | 88.73M |
Interest income | - | - | 14.00M | 19.38M | 19.50M |
Net interest income | -201.00000M | -152.00000M | -148.00000M | -126.59600M | -126.16200M |
Extraordinary items | - | - | - | - | - |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | -59.00000M | 105.00M | 101.00M | 70.91M | 88.73M |
Total revenue | 30346.00M | 26041.00M | 24124.00M | 24209.87M | 26305.51M |
Total operating expenses | 1077.00M | 960.00M | 879.00M | 898.21M | 1027.47M |
Cost of revenue | 28081.00M | 24109.00M | 22437.00M | 22871.91M | 24787.74M |
Total other income expense net | -210.00000M | 73.00M | -107.00000M | -189.71000M | -124.72200M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 1033.00M | 940.00M | 613.00M | 87.58M | 93.40M |
Net income applicable to common shares | 793.00M | 936.00M | 613.00M | 87.58M | 93.40M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
Total assets | 18257.00M | 21395.00M | 19325.00M | 15836.00M | 13689.62M |
Intangible assets | 245.00M | 316.00M | 411.00M | 213.00M | 262.42M |
Earning assets | - | - | - | - | - |
Other current assets | 1031.00M | 917.00M | 903.00M | 590.00M | 660.09M |
Total liab | 12932.00M | 15689.00M | 15118.00M | 12400.00M | 10858.46M |
Total stockholder equity | 5325.00M | 5351.00M | 4129.00M | 3436.00M | 2831.15M |
Deferred long term liab | - | - | - | - | - |
Other current liab | 1320.00M | 1632.00M | 1506.00M | 1846.00M | 1590.06M |
Common stock | 5074.00M | 6493.00M | 6052.00M | 6232.00M | 6336.44M |
Capital stock | 5074.00M | 6493.00M | 6052.00M | 6232.00M | 6336.44M |
Retained earnings | 446.00M | -560.00000M | -1353.00000M | -2289.00000M | -2902.41000M |
Other liab | - | - | 608.00M | 489.00M | 412.30M |
Good will | 1135.00M | 1343.00M | 1342.00M | 1090.00M | 1064.55M |
Other assets | - | - | 473.00M | 431.00M | 327.21M |
Cash | 2474.00M | 3294.00M | 2964.00M | 2637.00M | 1922.69M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 8539.00M | 10855.00M | 10711.00M | 7834.00M | 7211.09M |
Current deferred revenue | 2615.00M | 3143.00M | 2002.00M | 473.00M | 363.64M |
Net debt | 1413.00M | 1053.00M | 1784.00M | 1708.00M | 1444.52M |
Short term debt | 136.00M | 150.00M | 949.00M | 268.00M | 149.13M |
Short long term debt | - | 150.00M | 949.00M | 268.00M | 149.13M |
Short long term debt total | 3887.00M | 4347.00M | 4748.00M | 4345.00M | 3367.21M |
Other stockholder equity | -251.00000M | -388.00000M | -388.00000M | -388.00000M | -388.21500M |
Property plant equipment | - | 2349.00M | 2762.00M | 2097.00M | 2215.99M |
Total current assets | 12992.00M | 16021.00M | 14337.00M | 11363.00M | 9086.27M |
Long term investments | - | - | - | - | - |
Net tangible assets | - | 3692.00M | 2376.00M | 2695.00M | 2033.15M |
Short term investments | - | - | - | - | - |
Net receivables | 3282.00M | 4280.00M | 3890.00M | 4241.00M | 2718.43M |
Long term debt | 3261.00M | 3691.00M | 3248.00M | 3515.00M | 2689.11M |
Inventory | 6205.00M | 7530.00M | 6580.00M | 3895.00M | 3785.07M |
Accounts payable | 4468.00M | 5930.00M | 6254.00M | 5247.00M | 5108.25M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | 355.00M | - | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | -195.00000M | -194.00000M | -182.00000M | -119.00000M | -214.66700M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | 6493.00M | 6052.00M | 6232.00M | 6336.44M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | -560.00000M | -1353.00000M | -2289.00000M | -2902.41000M |
Treasury stock | - | - | -388.00000M | -388.00000M | -388.21500M |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 248.00M | 758.00M | 473.00M | 431.00M | 455.31M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 5265.00M | 5374.00M | 4988.00M | 4473.00M | 4603.35M |
Capital lease obligations | 490.00M | 506.00M | 551.00M | 562.00M | 528.97M |
Long term debt total | - | 3691.00M | - | 3515.00M | 2689.11M |
Breakdown | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 |
Investments | -604.00000M | -951.00000M | -202.00000M | 2279.03M | 3252.90M |
Change to liabilities | 829.00M | 2036.00M | 427.00M | -153.28600M | -79.62400M |
Total cashflows from investing activities | -604.00000M | -951.00000M | -202.00000M | 2279.03M | 3252.90M |
Net borrowings | -306.00000M | 475.00M | 923.00M | -246.11300M | 139.63M |
Total cash from financing activities | 2.00M | 280.00M | 743.00M | -508.46000M | -29.70400M |
Change to operating activities | - | -396.00000M | -1039.00000M | -158.07700M | -155.23500M |
Net income | 1033.00M | 936.00M | 613.00M | 87.58M | 93.40M |
Change in cash | 330.00M | 327.00M | 714.00M | 226.06M | 224.20M |
Begin period cash flow | 2964.00M | 2637.00M | 1923.00M | 1696.62M | 1472.42M |
End period cash flow | 3294.00M | 2964.00M | 2637.00M | 1922.69M | 1696.62M |
Total cash from operating activities | 950.00M | 1024.00M | 144.00M | -1533.27600M | -2971.02400M |
Issuance of capital stock | 694.00M | 488.00M | - | - | 0.24M |
Depreciation | 501.00M | 484.00M | 569.00M | 748.05M | 764.95M |
Other cashflows from investing activities | 31.00M | 20.00M | 149.00M | 2740.78M | 3978.50M |
Dividends paid | -22.00000M | - | - | - | 3199.46M |
Change to inventory | -974.00000M | -2655.00000M | -96.00000M | -66.46200M | -360.15200M |
Change to account receivables | -388.00000M | 624.00M | -1656.00000M | -2126.35500M | -3628.12900M |
Sale purchase of stock | -337.00000M | -686.00000M | -183.00000M | -259.91200M | -188.97900M |
Other cashflows from financing activities | 691.00M | 1250.00M | 2068.00M | 1067.14M | 6418.32M |
Change to netincome | 92.00M | 34.00M | -35.00000M | 56.36M | 44.05M |
Capital expenditures | 635.00M | 443.00M | 351.00M | 461.75M | 725.61M |
Change receivables | -388.00000M | 624.00M | -1656.00000M | -2126.35500M | -3628.12900M |
Cash flows other operating | -143.00000M | -435.00000M | 322.00M | -79.16600M | 194.48M |
Exchange rate changes | - | - | - | - | -27.96800M |
Cash and cash equivalents changes | 348.00M | 353.00M | 685.00M | 237.29M | 224.20M |
Change in working capital | -584.00000M | -396.00000M | -1039.00000M | -2368.90500M | -3742.76100M |
Stock based compensation | 133.00M | 91.00M | 79.00M | 71.55M | 76.03M |
Other non cash items | 59.00M | -47.00000M | -66.00000M | -78.02200M | -148.79000M |
Free cash flow | 315.00M | 581.00M | -207.00000M | -1995.02100M | -3696.63000M |
Sector: Technology Industry: Electronic Components
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
FLEX Flex Ltd |
2.54 6.80% | 39.87 | 16.74 | 10.80 | 0.41 | 2.00 | 0.45 | 7.20 |
APH Amphenol Corporation |
0.03 0.04% | 71.01 | 32.09 | 29.76 | 4.67 | 7.41 | 4.87 | 20.51 |
HNHPF Hon Hai Precision Industry Co Ltd ADR |
-0.06 0.48% | 12.48 | 10.86 | 8.47 | 0.0073 | 0.92 | 0.0057 | 0.11 |
TEL TE Connectivity Ltd |
0.56 0.38% | 147.51 | 23.48 | 18.83 | 2.68 | 3.73 | 2.85 | 14.55 |
MRAAY Murata Manufacturing Inc |
-0.03 0.36% | 8.22 | 22.29 | 13.99 | 0.02 | 2.07 | 0.02 | 0.08 |
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.
2 Changi South Lane, Singapore, Singapore, 486123
Name | Title | Year Born |
---|---|---|
Ms. Revathi Advaithi | CEO & Director | 1968 |
Mr. Paul R. Lundstrom | Chief Financial Officer | 1975 |
Mr. Scott Offer | Exec. VP & Gen. Counsel | 1965 |
Mr. Michael P. Hartung | Pres of Flex Agility Solutions | 1968 |
Mr. Hooi Tan Kwang | Pres of Global Operations & Supply Chain | NA |
Mr. Daniel Wendler | Chief Accounting Officer | 1967 |
Mr. Gus Shahin | Chief Information Officer | NA |
Mr. David Rubin | VP of Investor Relations | NA |
Silvia Gianelli | Sr. Director of Corp. Communications | NA |
Mr. Xavier F. Boza | Chief HR Officer | 1965 |
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