Last 7 days
0.9%
Last 30 days
29.9%
Last 90 days
14.1%
Trailing 12 Months
51.2%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
APH | 46.2B | 12.6B | 3.66% | 9.00% | 24.1 | 3.65 | 10.43% | 13.56% |
KEYS | 29.1B | 5.6B | 14.51% | 9.73% | 25.16 | 5.2 | 8.73% | 21.45% |
GLW | 26.5B | 13.7B | -0.51% | -12.30% | 28.4 | 1.93 | -5.42% | -50.77% |
ZBRA | 14.9B | 5.8B | 7.55% | -19.90% | 30.01 | 2.57 | 0.74% | -49.88% |
JBL | 12.3B | 35.1B | 19.21% | 48.37% | 12.77 | 0.35 | 14.26% | 19.33% |
MID-CAP | ||||||||
FLEX | 11.8B | 29.7B | 29.87% | 51.22% | 14.41 | 0.4 | 16.75% | -18.83% |
IPGP | 5.3B | 1.4B | -5.14% | 7.25% | 53.02 | 3.79 | -5.29% | -64.10% |
SANM | 3.1B | 8.9B | 3.36% | 23.23% | 10.22 | 0.35 | 27.72% | 7.28% |
VSH | 3.1B | 3.5B | 25.05% | 28.12% | 7.24 | 0.89 | 5.56% | 32.27% |
PLXS | 2.6B | 4.3B | 7.75% | 11.08% | 15.17 | 0.61 | 26.94% | 53.71% |
SMALL-CAP | ||||||||
OSIS | 2.0B | 1.2B | 2.58% | 42.86% | 24.44 | 1.69 | 2.10% | -22.63% |
CTS | 1.5B | 585.2M | 14.16% | 12.97% | 25.51 | 2.51 | 9.95% | 271.58% |
TTMI | 1.4B | 2.5B | 20.32% | -5.57% | 19.71 | 0.57 | 6.71% | -4.45% |
BHE | 869.4M | 2.9B | 11.96% | -4.51% | 12.49 | 0.3 | 23.44% | 79.40% |
LASR | 653.9M | 242.1M | 54.92% | 8.15% | -11.98 | 2.7 | -10.40% | -83.96% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 4.0% | 29,720 | 28,583 | 27,046 | 26,041 | 25,456 |
Gross Profit | 4.3% | 2,214 | 2,122 | 1,996 | 1,932 | 1,936 |
S&GA Expenses | 1.9% | 983 | 965 | 933 | 892 | 838 |
EBITDA | 1.4% | 1,551 | 1,529 | 1,616 | 1,607 | - |
EBITDA Margin | -2.4% | 0.05* | 0.05* | 0.06* | 0.06* | - |
Earnings Before Taxes | 2.0% | 963 | 944 | 1,043 | 1,045 | 1,107 |
EBT Margin | -1.9% | 0.03* | 0.03* | 0.04* | 0.04* | - |
Interest Expenses | 4.4% | 165 | 158 | 153 | 153 | - |
Net Income | 0.4% | 819 | 816 | 920 | 937 | 1,009 |
Net Income Margin | -3.5% | 0.03* | 0.03* | 0.03* | 0.04* | - |
Free Cahsflow | 141.8% | 295 | 122 | 296 | 581 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 1.3% | 20,892 | 20,623 | 20,054 | 19,325 | 18,175 |
Current Assets | 1.2% | 15,819 | 15,630 | 15,147 | 14,337 | 13,213 |
Cash Equivalents | 4.6% | 2,565 | 2,453 | 2,647 | 2,964 | 2,574 |
Inventory | 1.4% | 7,838 | 7,726 | 7,243 | 6,580 | 5,958 |
Net PPE | 4.0% | 2,289 | 2,201 | 2,135 | 2,125 | 2,112 |
Goodwill | 1.1% | 1,340 | 1,325 | 1,336 | 1,342 | 272 |
Liabilities | -0.4% | 16,290 | 16,353 | 15,879 | 15,118 | - |
Current Liabilities | -3.9% | 11,668 | 12,146 | 11,590 | 10,711 | 9,642 |
LT Debt, Current | -46.1% | 494 | 916 | 946 | 949 | 648 |
LT Debt, Non Current | 14.3% | 3,522 | 3,081 | 3,129 | 3,248 | 3,798 |
Shareholder's Equity | 7.8% | 4,505 | 4,180 | 4,091 | 4,129 | 3,655 |
Retained Earnings | 24.7% | -702 | -932 | -1,164 | -1,353 | -1,520 |
Accumulated Depreciation | - | 3,979 | - | - | - | - |
Shares Outstanding | -0.4% | 452 | 454 | 458 | 461 | 469 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 32.1% | 860 | 651 | 728 | 1,024 | 825 |
Share Based Compensation | - | 91.00 | - | - | - | - |
Cashflow From Investing | 46.2% | -548 | -1,019 | -927 | -951 | -804 |
Cashflow From Financing | -159.7% | -281 | 471 | 236 | 280 | -42.00 |
Buy Backs | -11.1% | 399 | 449 | 705 | 686 | 725 |
70.4%
45.8%
38.9%
Y-axis is the maximum loss one would have experienced if Flex was unfortunately bought at previous high price.
13.1%
10.8%
13.4%
35.8%
FIve years rolling returns for Flex.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-06-01 | PRELUDE CAPITAL MANAGEMENT, LLC | sold off | -100 | -274,066 | - | -% |
2023-06-01 | MACQUARIE GROUP LTD | reduced | -11.32 | -8,554,000 | 165,611,000 | 0.20% |
2023-05-23 | Front Row Advisors LLC | reduced | -2.25 | 2,000 | 43,000 | 0.02% |
2023-05-23 | ROYCE & ASSOCIATES LP | reduced | -4.94 | 204,382 | 10,807,400 | 0.11% |
2023-05-22 | American Trust | reduced | -2.02 | 14,400 | 299,153 | 0.02% |
2023-05-22 | AMERIPRISE FINANCIAL INC | reduced | -21.27 | -1,901,360 | 10,297,600 | -% |
2023-05-19 | Anson Funds Management LP | added | 100 | 1,473,600 | 2,761,200 | 0.23% |
2023-05-18 | JPMORGAN CHASE & CO | reduced | -12.33 | -1,127,610 | 17,667,400 | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | added | 274 | 2,450,000 | 3,264,000 | -% |
2023-05-17 | Long Focus Capital Management, LLC | reduced | -20.19 | -1,648,200 | 9,779,250 | 0.55% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 13, 2023 | janus henderson group plc | 5.9% | 26,869,680 | SC 13G | |
Feb 09, 2023 | primecap management co/ca/ | 11.46% | 51,875,426 | SC 13G/A | |
Feb 06, 2023 | wellington management group llp | 6.95% | 31,484,108 | SC 13G/A | |
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 |
Date Filed | Form Type | Document | |
---|---|---|---|
Jun 02, 2023 | 144 | Notice of Insider Sale Intent | |
Jun 02, 2023 | 144 | Notice of Insider Sale Intent | |
Jun 02, 2023 | 144 | Notice of Insider Sale Intent | |
Jun 02, 2023 | 144 | Notice of Insider Sale Intent | |
Jun 02, 2023 | 144 | Notice of Insider Sale Intent | |
Jun 02, 2023 | 144 | Notice of Insider Sale Intent | |
Jun 02, 2023 | 144 | Notice of Insider Sale Intent | |
May 26, 2023 | SD | SD | |
May 19, 2023 | 10-K | Annual Report | |
May 10, 2023 | 8-K | Current Report |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-04-17 | Tan Lay Koon | acquired | - | - | 1,214 | - |
2023-04-17 | HURLSTON MICHAEL E. | acquired | - | - | 1,214 | - |
2023-03-16 | McSweeney Erin | sold | -206,000 | 20.6 | -10,000 | - |
2023-03-15 | Ward Pat | gifted | - | - | -6,402 | - |
2023-03-15 | Ward Pat | gifted | - | - | 6,402 | - |
2023-03-10 | WENDLER DANIEL | sold | -33,185 | 21.9478 | -1,512 | chief accounting officer |
2023-03-01 | Tan Kwang Hooi | sold | -79,462 | 22.8144 | -3,483 | group president |
2023-02-23 | Sidelinger Rebecca | sold | -261,380 | 23.2938 | -11,221 | group president |
2023-01-17 | Tan Lay Koon | acquired | - | - | 1,097 | - |
2023-01-17 | HURLSTON MICHAEL E. | acquired | - | - | 1,097 | - |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
---|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | Mar. 31, 2021 | |
Income Statement [Abstract] | |||
Net sales | $ 30,346 | $ 26,041 | $ 24,124 |
Cost of sales | 28,058 | 24,094 | 22,349 |
Restructuring charges | 23 | 15 | 88 |
Gross profit | 2,265 | 1,932 | 1,687 |
Selling, general and administrative expenses | 995 | 892 | 817 |
Intangible amortization | 82 | 68 | 62 |
Restructuring charges | 4 | 0 | 13 |
Operating income | 1,184 | 972 | 795 |
Interest, net | 201 | 152 | 148 |
Other charges (income), net | 5 | (164) | 16 |
Equity in earnings (losses) of unconsolidated affiliates | (4) | 61 | 83 |
Income before income taxes | 974 | 1,045 | 714 |
Provision for (benefit from) income taxes | (59) | 105 | 101 |
Net income | 1,033 | 940 | 613 |
Net income attributable to noncontrolling interest and redeemable noncontrolling interest | 240 | 4 | 0 |
Net income attributable to Flex Ltd. | $ 793 | $ 936 | $ 613 |
Earnings per share attributable to the shareholders of Flex Ltd.: | |||
Basic (in dollars per share) | $ 1.75 | $ 1.97 | $ 1.23 |
Diluted (in dollars per share) | $ 1.72 | $ 1.94 | $ 1.21 |
Weighted-average shares used in computing per share amounts: | |||
Basic (in shares) | 454 | 476 | 499 |
Diluted (in shares) | 462 | 483 | 506 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Mar. 31, 2023 | Mar. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 3,294 | $ 2,964 |
Accounts receivable, net of allowance for doubtful accounts | 3,739 | 3,371 |
Contract assets | 541 | 519 |
Inventories | 7,530 | 6,580 |
Other current assets | 917 | 903 |
Total current assets | 16,021 | 14,337 |
Property and equipment, net | 2,349 | 2,125 |
Operating lease right-of-use assets, net | 608 | 637 |
Goodwill | 1,343 | 1,342 |
Other intangible assets, net | 316 | 411 |
Other assets | 758 | 473 |
Total assets | 21,395 | 19,325 |
Current liabilities: | ||
Bank borrowings and current portion of long-term debt | 150 | 949 |
Accounts payable | 5,930 | 6,254 |
Accrued payroll | 522 | 470 |
Deferred revenue and customer working capital advances | 3,143 | 2,002 |
Other current liabilities | 1,110 | 1,036 |
Total current liabilities | 10,855 | 10,711 |
Long-term debt, net of current portion | 3,691 | 3,248 |
Operating lease liabilities, non-current | 506 | 551 |
Other liabilities | 637 | 608 |
Total liabilities | 15,689 | 15,118 |
Commitments and contingencies (Note 14) | ||
Redeemable noncontrolling interest | 0 | 78 |
Shareholders' equity | ||
Ordinary shares, no par value; 1,500,000,000 authorized, 500,362,046 and 510,799,667 issued, and 450,122,691 and 460,560,312 outstanding as of March 31, 2023 and 2022, respectively | 6,493 | 6,052 |
Treasury stock, at cost; 50,239,355 shares as of March 31, 2023 and 2022, respectively | (388) | (388) |
Accumulated deficit | (560) | (1,353) |
Accumulated other comprehensive loss | (194) | (182) |
Total Flex Ltd. shareholders' equity | 5,351 | 4,129 |
Noncontrolling interest | 355 | 0 |
Total shareholders' equity | 5,706 | 4,129 |
Total liabilities, redeemable noncontrolling interest and shareholders' equity | $ 21,395 | $ 19,325 |