Flex Ltd
NASDAQ:FLEX

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Flex Ltd
NASDAQ:FLEX
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Price: 49.89 USD -0.4% Market Closed
Market Cap: 18.6B USD

Relative Value

The Relative Value of one FLEX stock under the Base Case scenario is 28.29 USD. Compared to the current market price of 49.89 USD, Flex Ltd is Overvalued by 43%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

FLEX Relative Value
Base Case
28.29 USD
Overvaluation 43%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
83
Median 3Y
0.2
Median 5Y
0.2
Industry
1.8
Forward
0.7
vs History
7
vs Industry
54
Median 3Y
7.1
Median 5Y
7.1
Industry
22.6
Forward
16.9
vs History
11
vs Industry
47
Median 3Y
6.3
Median 5Y
5.5
Industry
15.3
vs History
9
vs Industry
42
Median 3Y
4.9
Median 5Y
5.2
Industry
20.7
vs History
0
vs Industry
28
Median 3Y
1.1
Median 5Y
1.1
Industry
2
vs History
0
vs Industry
82
Median 3Y
0.2
Median 5Y
0.2
Industry
1.8
Forward
0.7
vs History
0
vs Industry
58
Median 3Y
2.7
Median 5Y
2.7
Industry
7.3
vs History
0
vs Industry
53
Median 3Y
3.6
Median 5Y
3.3
Industry
14.5
Forward
8.8
vs History
1
vs Industry
51
Median 3Y
5.1
Median 5Y
5.1
Industry
18.3
Forward
11.9
vs History
11
vs Industry
46
Median 3Y
7.3
Median 5Y
6.6
Industry
14.9
vs History
20
vs Industry
34
Median 3Y
14.1
Median 5Y
11.5
Industry
17.6
vs History
0
vs Industry
48
Median 3Y
0.5
Median 5Y
0.6
Industry
1.6

Multiples Across Competitors

FLEX Competitors Multiples
Flex Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
SG
Flex Ltd
NASDAQ:FLEX
18.8B USD 0.7 22.5 10.6 15.2
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
2.3T TWD 0.3 13.3 6.5 9.4
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
424.2B CNY 0.7 17.5 14.2 14.2
CH
TE Connectivity Ltd
NYSE:TEL
49.6B USD 3.1 35.7 12.9 16.4
US
Jabil Inc
NYSE:JBL
23.3B USD 0.8 40.4 11.6 18.2
CA
Celestica Inc
TSX:CLS
24.2B CAD 1.8 41.8 24.5 30.5
CN
Goertek Inc
SZSE:002241
80.7B CNY 0.8 29.3 29.5 29.5
KY
Fabrinet
NYSE:FN
10.6B USD 3.2 32.5 26.7 31.1
TW
FIH Mobile Ltd
F:FW3
8.6B EUR 1.8 -495.2 56.5 486.1
US
Fabrinet
SWB:FAN
5.6B EUR 2 19.9 15.3 17.9
CN
AAC Technologies Holdings Inc
HKEX:2018
48.9B HKD 1.6 24.9 8.4 20
P/E Multiple
Earnings Growth PEG
SG
Flex Ltd
NASDAQ:FLEX
Average P/E: 27.8
22.5
N/A N/A
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
13.3
19%
0.7
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
17.5
20%
0.9
CH
TE Connectivity Ltd
NYSE:TEL
35.7
-2%
N/A
US
Jabil Inc
NYSE:JBL
40.4
-2%
N/A
CA
Celestica Inc
TSX:CLS
41.8
24%
1.7
CN
Goertek Inc
SZSE:002241
29.3
23%
1.3
KY
Fabrinet
NYSE:FN
32.5
19%
1.7
TW
FIH Mobile Ltd
F:FW3
Negative Multiple: -495.2 N/A N/A
US
F
Fabrinet
SWB:FAN
19.9
19%
1
CN
AAC Technologies Holdings Inc
HKEX:2018
24.9
21%
1.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SG
Flex Ltd
NASDAQ:FLEX
Average EV/EBITDA: 19.7
10.6
9%
1.2
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
6.5
17%
0.4
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
14.2
26%
0.5
CH
TE Connectivity Ltd
NYSE:TEL
12.9
7%
1.8
US
Jabil Inc
NYSE:JBL
11.6
5%
2.3
CA
Celestica Inc
TSX:CLS
24.5
17%
1.4
CN
Goertek Inc
SZSE:002241
29.5
38%
0.8
KY
Fabrinet
NYSE:FN
26.7
19%
1.4
TW
FIH Mobile Ltd
F:FW3
56.5
N/A N/A
US
F
Fabrinet
SWB:FAN
15.3
19%
0.8
CN
AAC Technologies Holdings Inc
HKEX:2018
8.4
11%
0.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SG
Flex Ltd
NASDAQ:FLEX
Average EV/EBIT: 62.6
15.2
N/A N/A
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
9.4
18%
0.5
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
14.2
21%
0.7
CH
TE Connectivity Ltd
NYSE:TEL
16.4
8%
2
US
Jabil Inc
NYSE:JBL
18.2
8%
2.3
CA
Celestica Inc
TSX:CLS
30.5
22%
1.4
CN
Goertek Inc
SZSE:002241
29.5
13%
2.3
KY
Fabrinet
NYSE:FN
31.1
19%
1.6
TW
FIH Mobile Ltd
F:FW3
486.1
N/A N/A
US
F
Fabrinet
SWB:FAN
17.9
19%
0.9
CN
AAC Technologies Holdings Inc
HKEX:2018
20
20%
1