Flex Ltd. FLEX
Electrical Products · IPO 1994 · data as of November 13, 2026
Flex Ltd. (FLEX) is a technology company listed in the US with a market value of about $27.7B. In the twelve months to September 30, 2026 it had revenue of $31.0B and net income of $1.0B, a net margin of 3.4%.
Its overall Stock Analiz score is 2.0 out of 5 (weak). The strongest part is track record (3/5); the weakest is future growth (1/5).
Key numbers: a P/E of 27.1, a price to free cash flow of 35.4, 5-year revenue growth of 3% a year, a 5-year average ROIC of 9%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 169% above the current price.
Score: 2.0 / 5
Checks passed
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- Profitable 5 years in a row
- ROE above 15%
- Positive free cash flow
- Interest covered more than 5 times
Checks not passed
- P/E below 25
- P/FCF below 20
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $31.0B | $27.9B | $25.8B | $26.4B | $28.5B | $24.6B | $24.1B | $24.2B | $26.2B | $25.4B | $23.9B |
| Net income | $1.0B | $880M | $838M | $1.0B | $793M | $936M | $613M | $88M | $93M | $429M | $320M |
| Free cash flow | $783M | $1.1B | $1.1B | $796M | $315M | $581M | -$207M | -$2.0B | -$3.7B | -$4.4B | -$4.3B |
| EPS (diluted) | $2.77 | $2.33 | $2.11 | $2.28 | $1.72 | $1.94 | $1.21 | $0.17 | $0.18 | $0.80 | $0.59 |
| Net margin | 3.4% | 3.1% | 3.2% | 3.8% | 2.8% | 3.8% | 2.5% | 0.4% | 0.4% | 1.7% | 1.3% |
| ROIC | — | 11.0% | 10.3% | 7.3% | 8.9% | 8.9% | 8.6% | 3.6% | 1.5% | 8.9% | 7.3% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 10 analysts is $156.60, 109% above the current price; targets range from $128.00 to $180.00; the consensus rating is “Strong buy”; expected EPS is $5.06 for the fiscal year ending March 31, 2027.
Frequently asked questions
What is Flex’s P/E ratio?
About 27.1, based on the last twelve months of diluted earnings per share (forward P/E about 11.1).
Is Flex stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 169% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Flex pay a dividend?
Not currently.
Is Flex a good stock to buy?
We do not give buy or sell advice. Flex scores 2.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.