Flex Ltd
NASDAQ:FLEX

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Flex Ltd
NASDAQ:FLEX
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Price: 62.41 USD 1.99% Market Closed
Market Cap: 23.1B USD

Relative Value

The Relative Value of one FLEX stock under the Base Case scenario is 45.64 USD. Compared to the current market price of 62.41 USD, Flex Ltd is Overvalued by 27%.

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
45.64 USD
Overvaluation 27%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
1
vs Industry
83
Median 3Y
0.3
Median 5Y
0.2
Industry
2
Forward
0.9
vs History
1
vs Industry
54
Median 3Y
8.9
Median 5Y
7.1
Industry
25.4
Forward
19.8
vs History
12
vs Industry
47
Median 3Y
8.1
Median 5Y
6.9
Industry
16.4
vs History
9
vs Industry
42
Median 3Y
8.3
Median 5Y
6.1
Industry
22.5
vs History
1
vs Industry
28
Median 3Y
2.4
Median 5Y
1.2
Industry
2.3
vs History
1
vs Industry
82
Median 3Y
0.3
Median 5Y
0.2
Industry
2
Forward
0.9
vs History
1
vs Industry
58
Median 3Y
4.2
Median 5Y
2.7
Industry
8.1
vs History
1
vs Industry
53
Median 3Y
6.2
Median 5Y
3.4
Industry
16.3
Forward
10.5
vs History
1
vs Industry
51
Median 3Y
7.9
Median 5Y
5.4
Industry
20.1
Forward
13.9
vs History
12
vs Industry
46
Median 3Y
8.8
Median 5Y
7.4
Industry
16.1
vs History
17
vs Industry
34
Median 3Y
16.8
Median 5Y
12.7
Industry
19.3
vs History
1
vs Industry
48
Median 3Y
1.1
Median 5Y
0.6
Industry
1.8

Multiples Across Competitors

FLEX Competitors Multiples
Flex Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
SG
Flex Ltd
NASDAQ:FLEX
23.6B USD 0.9 26.9 12.1 17.3
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
1.2T CNY 1.6 39.7 36 36
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
3.2T TWD 0.4 17.6 9.2 13.2
CH
TE Connectivity Ltd
NYSE:TEL
69B USD 4 37.5 17.2 21.5
CA
Celestica Inc
TSX:CLS
51.7B CAD 3.3 52.1 38.2 45.7
US
Jabil Inc
NYSE:JBL
23.7B USD 0.8 36 11.5 16.9
KY
Fabrinet
NYSE:FN
17.1B USD 4.8 48.8 41 47.6
CN
Goertek Inc
SZSE:002241
104.3B CNY 1 35.9 36.5 36.5
TW
FIH Mobile Ltd
F:FW3
11.5B EUR 2.3 770 99.1 99.1
US
Fabrinet
SWB:FAN
9B EUR 2.9 29.9 22.1 25.7
US
Sanmina Corp
NASDAQ:SANM
8.4B USD 1 34.3 15.2 19.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SG
Flex Ltd
NASDAQ:FLEX
Average EV/EBITDA: 30.7
12.1
13%
0.9
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
36
51%
0.7
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
9.2
19%
0.5
CH
TE Connectivity Ltd
NYSE:TEL
17.2
11%
1.6
CA
Celestica Inc
TSX:CLS
38.2
37%
1
US
Jabil Inc
NYSE:JBL
11.5
13%
0.9
KY
Fabrinet
NYSE:FN
41
28%
1.5
CN
Goertek Inc
SZSE:002241
36.5
45%
0.8
TW
FIH Mobile Ltd
F:FW3
99.1
N/A N/A
US
F
Fabrinet
SWB:FAN
22.1
28%
0.8
US
Sanmina Corp
NASDAQ:SANM
15.2
32%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SG
Flex Ltd
NASDAQ:FLEX
Average EV/EBIT: 34.5
17.3
17%
1
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
36
47%
0.8
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
13.2
23%
0.6
CH
TE Connectivity Ltd
NYSE:TEL
21.5
14%
1.5
CA
Celestica Inc
TSX:CLS
45.7
43%
1.1
US
Jabil Inc
NYSE:JBL
16.9
15%
1.1
KY
Fabrinet
NYSE:FN
47.6
28%
1.7
CN
Goertek Inc
SZSE:002241
36.5
25%
1.5
TW
FIH Mobile Ltd
F:FW3
99.1
N/A N/A
US
F
Fabrinet
SWB:FAN
25.7
28%
0.9
US
Sanmina Corp
NASDAQ:SANM
19.7
35%
0.6