Company Valuation: Flex Ltd.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 8,609 10,379 12,049 12,673 24,068 39,397 - -
Change - 20.57% 16.09% 5.18% 89.91% 63.69% - -
Enterprise Value (EV) 1 9,842 10,926 12,836 14,076 25,430 41,708 40,540 38,611
Change - 11.02% 17.48% 9.66% 80.66% 64.01% -2.8% -4.76%
P/E 9.56x 13.4x 12.5x 15.7x 28.1x 25.9x 15.4x 10.7x
PBR 2.07x 1.94x 2.19x 2.5x 4.81x 6.36x 4.86x 3.59x
PEG - -1.2x 0.4x -2.11x 2.7x 0.3x 0.2x 0.2x
Capitalization / Revenue 0.33x 0.34x 0.46x 0.49x 0.86x 1.14x 0.88x 0.76x
EV / Revenue 0.38x 0.36x 0.49x 0.55x 0.91x 1.2x 0.9x 0.75x
EV / EBITDA 6.02x 5.87x 7.4x 7.3x 11.3x 13.8x 9.55x 7.17x
EV / EBIT 8.42x 7.58x 10.1x 9.65x 14.4x 16.9x 11.2x 8.43x
EV / FCF 16.9x 34.7x 16.1x 13.2x 24.2x 57.4x 19.7x 13.2x
FCF Yield 5.9% 2.88% 6.2% 7.58% 4.14% 1.74% 5.08% 7.58%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 1.94 1.72 2.28 2.11 2.33 4.115 6.928 10.01
Distribution rate - - - - - - - -
Net sales 1 26,041 30,346 26,415 25,813 27,914 34,621 44,979 51,819
EBITDA 1 1,636 1,861 1,734 1,928 2,259 3,022 4,246 5,384
EBIT 1 1,169 1,442 1,267 1,459 1,764 2,471 3,608 4,581
Net income 1 936 793 1,006 838 880 1,553 2,612 3,736
Net Debt 1 1,233 547 787 1,403 1,362 2,312 1,143 -786.3
Reference price 2 18.55 23.01 28.61 33.08 65.46 106.65 106.65 106.65
Nbr of stocks (in thousands) 464,086 451,081 421,163 383,103 367,674 369,403 - -
Announcement Date 5/4/22 5/10/23 5/1/24 5/7/25 5/5/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
34.73x12.36x22.57x0.79% 123B
40.69x6.8x29.36x1.93% 45.63B
25.92x1.2x13.8x-.--% 39.4B
23.28x1.96x9.46x1.32% 36.3B
29.92x4.55x18.16x-.--% 28.98B
30.21x2.12x14.69x1.56% 29.18B
11.27x6.27x17.47x1.34% 28.49B
31.01x4.76x19.01x0.74% 18.31B
24.4x3.11x13.03x-.--% 17.19B
Average 27.94x 4.79x 17.51x 0.86% 40.76B
Weighted average by Cap. 30.16x 6.72x 19.18x 0.9%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield