Flex Ltd.

Flex Ltd. provides manufacturing solutions globally. The company operates through two segments: FAS (flexible supply and manufacturing) and FRS (reliability solutions). FAS offers flexible supply chain services for communications, enterprise, and cloud solutions, lifestyle products, and consumer devices. FRS provides complex ramp-ups for automotive, health, and industrial solutions, as well as design and engineering services. The company also offers supply chain management, manufacturing, logistics, and value-added fulfillment services. Additionally, Flex Ltd. provides embedded and critical power solutions.

Overview

Sector

Electronic Components

Target Price

46.7 USD

Current Price

49.8 USD

Potential

-6%

Strengths

The company has low debt. Net Debt to EBITDA Ratio is 0.78 and it is lower than the sector mean.
The company has high returns. ROIC (17.31%) is higher than the sector mean (12.92%).
EV/EBIT (16.18) is lower than the sector mean.
Price to free cash flow (17.51) is lower than the sector mean.

Weaknesses

EBITDA Margin (6.96%) appears relatively low.

Key Financial Data

Indicator	Value
PER	22.4
EV/EBITDA	11.3
Price/Free Cash Flow'	17.6
ROIC	17.3%
Net Debt/EBITDA	0.8