Flex Ltd

Flex Ltd

FLEX

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Market Cap$44.83B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Flex LtdFlex Ltd46.9-18%1.61.5

Earnings Call Q1 2027

July 29, 2026 - AI Summary

Strong Q1 performance (Flex RemainCo overall): - Revenue $7.9B, +21% YoY. - Adjusted gross margin 9.6% (+50 bps YoY). - Adjusted operating profit $534M, +35% YoY; adjusted operating margin 6.7% (+70 bps YoY). - Adjusted EPS $1.00, +39% YoY (record adjusted EPS mentioned). - Segment highlights: - RMS: $2.7B (+12% YoY), margin 6.6% (+130 bps YoY) driven by industrial. - ITS: $3.1B (+20% YoY), margin 5.2% (+10 bps YoY) with communications strength offset by consumer weakness. - CPI (Cloud & Power Infrastructure / SpinCo subject to spin): $2.2B (+35% YoY), adjusted margin 9.7% (+20 bps YoY) driven by power growth and cloud/cooling ramp.
CPI growth & margin: accelerating back-half, largely capacity-driven (visibility strong): - CPI full-year guidance (per Krumm): revenue +65% to +75% YoY (with power growth faster than cloud). - “Back-half loaded” plan reiterated: Q1 CPI growth ~35%, guiding to Q2 +45% to +55%, then sustaining full-year 65%–75%. - Management cited demand/“booked business” visibility of 90%+ for the next three quarters. - Cooling (JetCool) is positioned as nascent but a meaningful long-term growth driver; cold plates capability exists and CDUs are in qualification with customers to scale.
Forecast / FY2027 outlook raised/updated (Flex consolidated): - Revenue $33.7B–$35.2B, +23% at midpoint YoY. - Adjusted operating margin 7.7%–8.2% (about +80 bps YoY at midpoint). - Adjusted EPS $4.42–$4.74 (+39% at midpoint). - CapEx $1.5B–$1.6B. - Free cash flow conversion: updated to ~40% (from 60% previously) because spin-off-related costs are now included—this is a notable “negative”/constraint for cash generation, not earnings.

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$160.40

Target Price by Analysts

29% upsideFlex Target Price DetailsTarget Price
$52.41

Current Fair Value

57.8% downside

Overvalued by 57.8% based on the discounted cash flow analysis.

Share Statistics

Market cap$44.83 Billion
Enterprise Value$49.97 Billion
Dividend Yield$- (-)
Earnings per Share$2.33
Beta1.63
Outstanding Shares374,000,000

Return

Return on Equity17.69%ROE
Return on Assets3.86%
Return on Invested Capital12.60%

Valuation & Multiples

P/E Ratio46.85P/E Ratio
PEG96.73PEG
Price to Sales1.59Price to Sales
Price to Book Ratio8.88Price to Book Ratio
Enterprise Value to Revenue1.71
Enterprise Value to EBIT33.11
Enterprise Value to Net Income51
Total Debt to Enterprise0.16
Debt to Equity1.45Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 29, 2026
EPS Estimate
$0.90
Average shareholder expectation
Revenue Estimate
$7.53 B
Average shareholder expectation

Next Earnings Call

Expected Date
November 4, 2026
EPS Estimate
$1.05
Average shareholder expectation
Revenue Estimate
$8.17 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio1.0475 138.99%
Total Calls31,600 96.86%
Total Puts33,100 98.65%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %25.23% 68.61%
Total Invested$15.14B 34.42%
Investors Holding582 231.00%

ESG Score

No data

About Flex Ltd