Last 7 days
-2.9%
Last 30 days
12.6%
Last 90 days
19.4%
Trailing 12 Months
50.0%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
APH | 46.8B | 12.4B | 5.02% | 5.44% | 25.17 | 3.77 | 20.78% | 25.42% |
KEYS | 31.8B | 5.4B | 5.84% | 10.14% | 28.26 | 5.86 | 9.69% | 25.73% |
GLW | 31.1B | 14.2B | 17.12% | -6.47% | 16.54 | 2.19 | 3.27% | 12.16% |
ZBRA | 14.9B | 5.7B | 28.46% | -32.99% | 30.01 | 2.57 | 5.07% | -44.62% |
FLEX | 10.7B | 28.6B | 12.58% | 50.03% | 13.09 | 0.37 | 11.84% | -17.58% |
JBL | 10.5B | 33.5B | 14.76% | 32.78% | 10.5 | 0.31 | 14.32% | 43.10% |
MID-CAP | ||||||||
IPGP | 5.5B | 1.5B | 23.45% | -21.83% | 20.55 | 3.77 | 1.92% | 1.99% |
VSH | 3.3B | 3.5B | 8.47% | 14.64% | 8.28 | 0.93 | 13.72% | 31.36% |
SANM | 3.2B | 7.9B | 0.27% | 57.12% | 12.61 | 0.41 | 16.78% | -4.79% |
PLXS | 2.6B | 3.8B | -8.37% | 25.47% | 18.73 | 0.68 | 13.14% | -0.48% |
SMALL-CAP | ||||||||
OSIS | 1.6B | 1.2B | 20.90% | 15.15% | 14.77 | 1.36 | 0.07% | 28.38% |
TTMI | 1.6B | 2.5B | 6.06% | 16.86% | 16.22 | 0.64 | 13.87% | 14.08% |
CTS | 1.4B | 577.1M | 14.14% | 38.35% | 26.2 | 2.44 | 14.64% | 249.10% |
BHE | 960.4M | 2.8B | 5.06% | 19.49% | 16.16 | 0.35 | 29.17% | 91.42% |
LASR | 555.4M | 252.8M | 30.29% | -35.81% | -13.66 | 2.2 | -5.80% | -59.89% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 |
Revenue | 5.7% | 28,583 | 27,046 | 26,041 | 25,456 | 25,557 |
Gross Profit | 6.3% | 2,122 | 1,996 | 1,932 | 1,936 | 1,924 |
S&GA Expenses | 3.4% | 965 | 933 | 892 | 838 | 836 |
EBITDA | -5.4% | 1,529 | 1,616 | 1,607 | - | - |
EBITDA Margin | -10.5% | 0.05* | 0.06* | 0.06* | - | - |
Earnings Before Taxes | -9.5% | 944 | 1,043 | 1,045 | 1,107 | 1,097 |
EBT Margin | -14.4% | 0.03* | 0.04* | 0.04* | - | - |
Interest Expenses | 4.4% | 165 | 158 | 153 | 153 | 155 |
Net Income | -11.3% | 816 | 920 | 937 | 1,009 | 990 |
Net Income Margin | -16.1% | 0.03* | 0.03* | 0.04* | - | - |
Free Cahsflow | -58.8% | 122 | 296 | 581 | - | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 |
Assets | 2.8% | 20,623 | 20,054 | 19,325 | 18,175 | 16,711 |
Current Assets | 3.2% | 15,630 | 15,147 | 14,337 | 13,213 | 12,183 |
Cash Equivalents | -7.3% | 2,453 | 2,647 | 2,964 | 2,574 | 2,458 |
Inventory | 6.7% | 7,726 | 7,243 | 6,580 | 5,958 | 5,168 |
Net PPE | 3.1% | 2,201 | 2,135 | 2,125 | 2,112 | 2,100 |
Goodwill | -0.8% | 1,325 | 1,336 | 1,342 | 272 | 1,085 |
Liabilities | 3.0% | 16,353 | 15,879 | 15,118 | - | - |
Current Liabilities | 4.8% | 12,146 | 11,590 | 10,711 | 9,642 | 8,688 |
LT Debt, Current | -3.2% | 916 | 946 | 949 | 648 | 284 |
LT Debt, Non Current | -1.5% | 3,081 | 3,129 | 3,248 | 3,798 | 3,501 |
Shareholder's Equity | 2.2% | 4,180 | 4,091 | 4,129 | 3,655 | 3,514 |
Retained Earnings | 19.9% | -932.00 | -1,164.00 | -1,353.00 | -1,520.00 | -1,747.00 |
Accumulated Depreciation | - | 3,979 | - | - | - | - |
Shares Outstanding | -0.9% | 454 | 458 | 461 | 467 | 482 |
Float | - | 8,600 | - | - | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 |
Cashflow From Operations | -10.6% | 651 | 728 | 1,024 | 825 | 1,023 |
Share Based Compensation | - | 91 | - | - | - | - |
Cashflow From Investing | -9.9% | -1,019.00 | -927.00 | -951.00 | -804.00 | -247.00 |
Cashflow From Financing | 99.6% | 471 | 236 | 280 | -42.00 | -684.00 |
Buy Backs | -36.3% | 449 | 705 | 686 | 725 | 673 |
70.8%
49.2%
38.9%
Y-axis is the maximum loss one would have experienced if Flex was unfortunately bought at previous high price.
14.3%
12.3%
4%
21.6%
FIve years rolling returns for Flex.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-01-26 | COMERICA BANK | reduced | -4.2 | 76,000 | 383,000 | -% |
2023-01-26 | DUPONT CAPITAL MANAGEMENT CORP | added | 103.55 | 290,008 | 469,008 | 0.02% |
2023-01-26 | BOENNING & SCATTERGOOD, INC. | unchanged | - | 57,000 | 558,000 | 0.09% |
2023-01-26 | Vigilant Capital Management, LLC | unchanged | - | 1,000 | 7,000 | -% |
2023-01-26 | Regent Investment Management LLC | unchanged | - | 102,000 | 456,000 | 0.12% |
2023-01-26 | NJ State Employees Deferred Compensation Plan | unchanged | - | 96,200 | 429,200 | 0.07% |
2023-01-26 | Calamos Advisors LLC | new | - | 568,690 | 568,690 | -% |
2023-01-25 | STEPHENS INC /AR/ | reduced | -18.07 | 14,000 | 275,000 | 0.01% |
2023-01-25 | GREENLEAF TRUST | added | 11.54 | 77,000 | 256,000 | -% |
2023-01-25 | DELTEC ASSET MANAGEMENT LLC | sold off | -100 | -833,000 | - | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Sep 12, 2022 | fmr llc | - | 0 | SC 13G/A | |
Feb 10, 2022 | primecap management co/ca/ | 11.69% | 55,019,450 | SC 13G/A | |
Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
Feb 04, 2022 | wellington management group llp | 8.70% | 40,954,007 | SC 13G/A | |
Mar 10, 2021 | fmr llc | - | 0 | SC 13G/A | |
Feb 12, 2021 | primecap management co/ca/ | 12.97% | 65,016,736 | SC 13G/A | |
Feb 08, 2021 | fmr llc | - | 0 | SC 13G/A | |
Feb 03, 2021 | wellington management group llp | 10.52% | 52,710,291 | SC 13G/A | |
Jul 09, 2020 | wellington management group llp | 10.39% | 51,719,850 | SC 13G | |
Jun 10, 2020 | fmr llc | - | 0 | SC 13G/A |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 17.27 -26.64% | 22.04 -6.37% | 24.51 4.12% | 30.56 29.82% | 45.95 95.20% |
Current Inflation | 16.30 -30.76% | 20.61 -12.45% | 22.85 -2.93% | 27.40 16.40% | 40.47 71.92% |
Very High Inflation | 15.05 -36.07% | 18.79 -20.18% | 20.77 -11.77% | 23.65 0.47% | 34.10 44.86% |
Date Filed | Form Type | Document | |
---|---|---|---|
Jan 25, 2023 | 8-K | Current Report | |
Jan 19, 2023 | 4 | Insider Trading | |
Jan 19, 2023 | 4 | Insider Trading | |
Dec 07, 2022 | 4 | Insider Trading | |
Dec 07, 2022 | 8-K | Current Report | |
Dec 02, 2022 | 4 | Insider Trading | |
Dec 01, 2022 | 8-K | Current Report | |
Dec 01, 2022 | 424B5 | Prospectus Filed | |
Nov 30, 2022 | FWP | Prospectus Filed | |
Nov 30, 2022 | 424B5 | Prospectus Filed |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-01-17 | Tan Lay Koon | acquired | - | - | 1,097 | - |
2023-01-17 | HURLSTON MICHAEL E. | acquired | - | - | 1,097 | - |
2022-12-05 | Stevens Charles K. III | sold | -433,800 | 21.69 | -20,000 | - |
2022-11-30 | Hartung Michael P | sold | -264,718 | 21.3896 | -12,376 | group president |
2022-11-11 | Hartung Michael P | sold | -244,703 | 20.1104 | -12,168 | group president |
2022-11-10 | Hartung Michael P | sold | -1,760 | 20 | -88 | group president |
2022-11-02 | Hartung Michael P | sold | -74,997.6 | 20.0314 | -3,744 | group president |
2022-10-31 | Hartung Michael P | sold | -882,641 | 19.6588 | -44,898 | group president |
2022-10-17 | Tan Lay Koon | acquired | - | - | 1,506 | - |
2022-10-17 | HURLSTON MICHAEL E. | acquired | - | - | 1,506 | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2022 | Oct. 01, 2021 | Sep. 30, 2022 | Oct. 01, 2021 | |
Income Statement [Abstract] | ||||
Net sales | $ 7,766 | $ 6,229 | $ 15,113 | $ 12,571 |
Cost of sales | 7,175 | 5,755 | 13,987 | 11,625 |
Restructuring charges | 0 | 9 | 0 | 9 |
Gross profit | 591 | 465 | 1,126 | 937 |
Selling, general and administrative expenses | 245 | 213 | 486 | 414 |
Intangible amortization | 21 | 15 | 43 | 30 |
Operating income | 325 | 237 | 597 | 493 |
Interest and other, net | 53 | (134) | 93 | (111) |
Income before income taxes | 272 | 371 | 504 | 604 |
Provision for income taxes | 34 | 35 | 71 | 62 |
Net income | 238 | 336 | 433 | 542 |
Net income attributable to redeemable noncontrolling interest | 6 | 0 | 12 | 0 |
Net income attributable to Flex Ltd. | $ 232 | $ 336 | $ 421 | $ 542 |
Earnings Per Share [Abstract] | ||||
Basic (in dollars per share) | $ 0.51 | $ 0.70 | $ 0.92 | $ 1.11 |
Diluted (in dollars per share) | $ 0.50 | $ 0.69 | $ 0.91 | $ 1.10 |
Weighted-average shares used in computing per share amounts: | ||||
Basic (in shares) | 455 | 482 | 457 | 487 |
Diluted (in shares) | 460 | 487 | 464 | 493 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Sep. 30, 2022 | Mar. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 2,453 | $ 2,964 |
Accounts receivable, net of allowance of $8 and $56, respectively | 3,956 | 3,371 |
Contract assets | 531 | 519 |
Inventories | 7,726 | 6,580 |
Other current assets | 964 | 903 |
Total current assets | 15,630 | 14,337 |
Property and equipment, net | 2,201 | 2,125 |
Operating lease right-of-use assets, net | 596 | 637 |
Goodwill | 1,325 | 1,342 |
Other intangible assets, net | 328 | 411 |
Other assets | 543 | 473 |
Total assets | 20,623 | 19,325 |
Current liabilities: | ||
Bank borrowings and current portion of long-term debt | 916 | 949 |
Accounts payable | 6,818 | 6,254 |
Accrued payroll | 479 | 470 |
Deferred revenue and customer working capital advances | 2,700 | 2,002 |
Other current liabilities | 1,233 | 1,036 |
Total current liabilities | 12,146 | 10,711 |
Long-term debt, net of current portion | 3,081 | 3,248 |
Operating lease liabilities, non-current | 495 | 551 |
Other liabilities | 631 | 608 |
Total liabilities | 16,353 | 15,118 |
Redeemable noncontrolling interest | 90 | 78 |
Shareholders’ equity | ||
Ordinary shares, no par value; 1,500,000,000 authorized, 503,876,758 and 510,799,667 issued, and 453,637,403 and 460,560,312 outstanding, respectively | 5,852 | 6,052 |
Treasury stock, at cost; 50,239,355 shares as of September 30, 2022 and March 31, 2022 | (388) | (388) |
Accumulated deficit | (932) | (1,353) |
Accumulated other comprehensive loss | (352) | (182) |
Total shareholders’ equity | 4,180 | 4,129 |
Total liabilities, redeemable noncontrolling interest, and shareholders' equity | $ 20,623 | $ 19,325 |