FLEX RSI Chart
Last 7 days
1.5%
Last 30 days
-0.6%
Last 90 days
22.7%
Trailing 12 Months
44.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 30.3B | 30.3B | 30.0B | 29.4B |
2022 | 26.0B | 27.0B | 28.6B | 29.7B |
2021 | 24.1B | 25.3B | 25.6B | 25.5B |
2020 | 24.2B | 23.2B | 23.1B | 23.3B |
2019 | 26.2B | 26.0B | 25.4B | 25.0B |
2018 | 25.4B | 25.8B | 26.2B | 26.4B |
2017 | 23.9B | 24.0B | 24.3B | 24.9B |
2016 | 24.4B | 24.7B | 24.4B | 23.8B |
2015 | 26.1B | 25.1B | 24.9B | 24.6B |
2014 | 26.1B | 27.0B | 27.1B | 26.9B |
2013 | 23.6B | 23.4B | 23.6B | 24.7B |
2012 | 29.3B | 27.8B | 26.0B | 24.6B |
2011 | 28.5B | 29.4B | 30.1B | 29.8B |
2010 | 24.1B | 24.9B | 26.4B | 27.6B |
2009 | 30.9B | 28.4B | 25.4B | 23.8B |
2008 | 27.6B | 28.4B | 29.3B | 30.1B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 15, 2024 | hurlston michael e. | acquired | - | - | 934 | - |
Mar 13, 2024 | tan kwang hooi | sold | -231,235 | 28.8072 | -8,027 | group president |
Mar 12, 2024 | wendler daniel | sold | -53,728 | 28.8861 | -1,860 | chief accounting officer |
Mar 07, 2024 | hartung michael p | sold | -1,323,580 | 30.5105 | -43,381 | group president |
Feb 23, 2024 | sidelinger rebecca | sold | -382,807 | 27.9932 | -13,675 | group president |
Feb 21, 2024 | offer david scott | sold | -2,055,840 | 27.4112 | -75,000 | evp, general counsel |
Feb 20, 2024 | offer david scott | sold | -2,063,810 | 27.5175 | -75,000 | evp, general counsel |
Feb 16, 2024 | ward pat | gifted | - | - | -9,871 | - |
Feb 16, 2024 | ward pat | gifted | - | - | 9,871 | - |
Jan 16, 2024 | tan lay koon | acquired | - | - | 1,154 | - |
Which funds bought or sold FLEX recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 23, 2024 | FIFTH THIRD BANCORP | reduced | -97.53 | -58,939 | 1,402 | -% |
Apr 23, 2024 | WETZEL INVESTMENT ADVISORS, INC. | added | 67.04 | 4,323 | 12,323 | 0.01% |
Apr 23, 2024 | RATIONAL ADVISORS LLC | sold off | -100 | -3,993,310 | - | -% |
Apr 23, 2024 | Global Retirement Partners, LLC | reduced | -3.11 | 43,557 | 242,441 | 0.01% |
Apr 23, 2024 | WASHINGTON TRUST Co | sold off | -100 | -1,523 | - | -% |
Apr 23, 2024 | AMALGAMATED BANK | added | 426 | 27,000 | 34,000 | -% |
Apr 22, 2024 | Oakworth Capital, Inc. | unchanged | - | -688 | 10,643 | -% |
Apr 22, 2024 | RAYMOND JAMES & ASSOCIATES | added | 17.88 | 1,938,170 | 20,014,300 | 0.01% |
Apr 22, 2024 | Raymond James Financial Services Advisors, Inc. | added | 19.00 | 77,043 | 731,415 | -% |
Apr 22, 2024 | EVERPAR ADVISORS LLC | sold off | -100 | -342,584 | - | -% |
Unveiling Flex Ltd's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Flex Ltd)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AAPL | 2.6T | 385.7B | 25.86 | 6.77 | ||||
APH | 69.8B | 12.6B | 36.2 | 5.56 | ||||
FTV | 28.0B | 6.1B | 32.32 | 4.57 | ||||
GLW | 26.9B | 12.6B | 44.89 | 2.14 | ||||
FLEX | 12.0B | 29.4B | 15.94 | 0.41 | ||||
MID-CAP | ||||||||
ARW | 6.9B | 33.1B | 7.59 | 0.21 | ||||
CGNX | 6.8B | 837.5M | 59.92 | 8.1 | ||||
BMI | 5.4B | 740.8M | 52.61 | 7.27 | ||||
AVT | 4.5B | 25.6B | 6.64 | 0.17 | ||||
ESE | 2.7B | 968.8M | 28.94 | 2.78 | ||||
SMALL-CAP | ||||||||
CNXN | 1.7B | 2.9B | 20.57 | 0.6 | ||||
BHE | 1.1B | 2.8B | 17 | 0.39 | ||||
GPRO | 271.4M | 1.0B | -5.1 | 0.27 | ||||
AEY | 32.6M | 56.7M | -3.8 | 0.59 | ||||
CPSH | 25.8M | 27.6M | 18.86 | 0.94 |
Flex Ltd News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -4.9% | 7,103 | 7,471 | 7,336 | 7,477 | 7,756 | 7,766 | 7,347 | 6,851 | 6,619 | 6,229 | 6,342 | 6,266 | 6,720 | 5,985 | 5,153 | 5,484 | 6,461 | 6,088 | 6,176 | 6,226 | 6,923 |
Gross Profit | -3.5% | 642 | 665 | 587 | 556 | 583 | 591 | 535 | 505 | 491 | 465 | 471 | 509 | 479 | 395 | 304 | 366 | 430 | 189 | 353 | 380 | 357 |
S&GA Expenses | -2.9% | 264 | 272 | 270 | 266 | 243 | 245 | 241 | 254 | 225 | 213 | 201 | 205 | 223 | 193 | 191 | 201 | 218 | 205 | 210 | 227 | 238 |
EBITDA Margin | 7.7% | 0.05* | 0.04* | 0.04* | 0.04* | 0.04* | 0.04* | 0.05* | 0.05* | 0.05* | 0.05* | 0.05* | 0.04* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -2.9% | -36.00 | -35.00 | -41.00 | -51.00 | -54.00 | -47.00 | -49.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Income Taxes | 191.4% | 74.00 | -81.00 | 28.00 | -155 | 25.00 | 34.00 | 37.00 | 27.00 | 16.00 | 35.00 | 27.00 | 21.00 | 25.00 | 40.00 | 15.00 | -3.12 | 34.00 | 21.00 | 19.00 | 28.00 | 13.00 |
Earnings Before Taxes | -5.5% | 307 | 325 | 239 | 208 | 262 | 272 | 232 | 198 | 243 | 371 | 233 | 261 | 233 | 153 | 67.00 | 46.00 | 145 | -96.00 | 64.00 | -36.52 | -31.91 |
EBT Margin | 6.7% | 0.04* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.04* | 0.04* | 0.04* | 0.04* | 0.03* | 0.03* | - | - | - | - | - | - | - | - | - |
Net Income | -13.6% | 197 | 228 | 186 | 142 | 230 | 232 | 189 | 168 | 227 | 336 | 206 | 240 | 208 | 113 | 52.00 | 48.00 | 111 | -117 | 45.00 | -64.35 | -45.17 |
Net Income Margin | -2.1% | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.04* | 0.04* | 0.04* | 0.03* | 0.03* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -24.9% | 154 | 205 | -161 | 270 | 200 | -86.00 | -69.00 | 250 | 27.00 | 88.00 | 216 | 71.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -2.9% | 20,366 | 20,968 | 20,936 | 21,395 | 20,892 | 20,623 | 20,054 | 19,325 | 18,175 | 16,711 | 16,192 | 15,836 | 15,668 | 15,001 | 14,133 | 13,690 | 14,135 | 14,277 | 14,429 | 13,499 | 13,975 |
Current Assets | -3.8% | 14,877 | 15,463 | 15,540 | 16,021 | 15,819 | 15,630 | 15,147 | 14,337 | 13,213 | 12,183 | 11,729 | 11,363 | 11,111 | 10,479 | 9,562 | 9,086 | 9,361 | 9,493 | 9,387 | 9,103 | 9,492 |
Cash Equivalents | -4.7% | 2,764 | 2,900 | 2,660 | 3,294 | 2,565 | 2,453 | 2,647 | 2,964 | 2,574 | 2,458 | 2,693 | 2,637 | 2,611 | 2,359 | 1,935 | 1,923 | 1,789 | 1,816 | 1,920 | 1,697 | 1,503 |
Inventory | -4.9% | 6,815 | 7,166 | 7,526 | 7,530 | 7,838 | 7,726 | 7,243 | 6,580 | 5,958 | 5,168 | 4,444 | 3,895 | 3,699 | 3,611 | 3,483 | 3,785 | 3,684 | 3,721 | 3,746 | 3,723 | 3,898 |
Net PPE | 0% | 2,328 | 2,328 | 2,363 | 2,349 | 2,289 | 2,201 | 2,135 | 2,125 | 2,112 | 2,100 | 2,087 | 2,097 | 2,097 | 2,106 | 2,163 | 2,216 | 2,206 | 2,217 | 2,310 | 2,336 | 2,214 |
Goodwill | 0.8% | 1,348 | 1,337 | 1,344 | 1,343 | 1,340 | 1,325 | 1,336 | 1,342 | 272 | 1,085 | 1,094 | 1,090 | 1,109 | 1,088 | 1,075 | 1,065 | 1,070 | 1,062 | 1,077 | 1,073 | 1,079 |
Liabilities | -4.7% | 13,921 | 14,612 | 15,150 | 15,689 | 16,290 | 16,353 | 15,879 | 15,118 | - | - | - | 12,400 | - | - | - | - | - | - | - | - | - |
Current Liabilities | -7.1% | 9,386 | 10,106 | 10,638 | 10,855 | 11,668 | 12,146 | 11,590 | 10,711 | 9,642 | 8,688 | 8,138 | 7,834 | 7,519 | 7,157 | 6,795 | 7,211 | 7,551 | 7,558 | 7,438 | 7,598 | 7,504 |
Long Term Debt | 0.6% | 3,431 | 3,412 | 3,444 | 3,691 | 3,522 | 3,081 | 3,129 | 3,248 | 3,798 | 3,501 | 3,505 | 3,515 | 3,740 | 3,739 | 3,423 | 2,689 | 2,701 | 2,958 | 2,962 | 2,422 | 2,906 |
LT Debt, Current | - | 3.00 | - | 151 | 150 | 494 | 916 | 946 | 949 | 648 | 284 | 274 | 268 | 72.00 | 63.00 | 162 | 149 | 89.00 | 32.00 | 276 | 633 | 43.00 |
LT Debt, Non Current | 0.6% | 3,431 | 3,412 | 3,444 | 3,691 | 3,522 | 3,081 | 3,129 | 3,248 | 3,798 | 3,501 | 3,505 | 3,515 | 3,740 | 3,739 | 3,423 | 2,689 | 2,701 | 2,958 | 2,962 | 2,422 | 2,906 |
Shareholder's Equity | -6.2% | 5,965 | 6,356 | 5,786 | 5,351 | 4,505 | 4,180 | 4,091 | 4,129 | 3,655 | 3,514 | 3,508 | 3,436 | 3,381 | 3,115 | 2,940 | 2,831 | 2,899 | 2,806 | 3,002 | 2,973 | 3,078 |
Retained Earnings | 134.9% | 51.00 | -146 | -374 | -560 | -702 | -932 | -1,164 | -1,353 | -1,520 | -1,747 | -2,083 | -2,289 | -2,529 | -2,737 | -2,850 | -2,902 | -2,950 | -3,062 | -2,945 | -3,012 | -2,947 |
Shares Outstanding | -2.4% | 427 | 438 | 449 | 450 | 455 | 457 | 458 | 461 | 481 | 482 | 491 | 499 | - | - | - | - | - | - | - | - | - |
Minority Interest | 6.7% | 480 | 450 | 380 | 355 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | - | - | 7,600 | - | - | - | 8,600 | - | - | - | 5,300 | - | - | - | 5,300 | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -20.4% | 284 | 357 | 6.00 | 450 | 359 | 103 | 38.00 | 360 | 150 | 180 | 334 | 161 | 348 | 264 | -629 | 166 | -51.00 | -991 | -656 | -642 | -621 |
Cashflow From Investing | 17.6% | -117 | -142 | -155 | -179 | -154 | -182 | -89.00 | -123 | -625 | -90.00 | -113 | 24.00 | -68.00 | -58.00 | -100 | 18.00 | 617 | 869 | 775 | 782 | 769 |
Cashflow From Financing | -1284.6% | -308 | 26.00 | -486 | 455 | -157 | -86.00 | -210 | 172 | 595 | -321 | -166 | -150 | -47.00 | 199 | 741 | -46.00 | -594 | 26.00 | 106 | 51.00 | -18.14 |
Buy Backs | -11.0% | 275 | 309 | 197 | 44.00 | 40.00 | 72.00 | 181 | 106 | 90.00 | 328 | 162 | 145 | 38.00 | - | - | 87.00 | 61.00 | 60.00 | 52.00 | 65.00 | 64.00 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2023 | Dec. 31, 2022 | |
Income Statement [Abstract] | ||||
Net sales | $ 7,103 | $ 7,756 | $ 21,910 | $ 22,869 |
Cost of sales | 6,400 | 7,168 | 19,935 | 21,155 |
Restructuring charges | 61 | 5 | 81 | 5 |
Gross profit | 642 | 583 | 1,894 | 1,709 |
Selling, general and administrative expenses | 264 | 243 | 806 | 729 |
Restructuring charges | 13 | 0 | 19 | 0 |
Intangible amortization | 17 | 19 | 54 | 62 |
Operating income | 348 | 321 | 1,015 | 918 |
Interest, net | 36 | 54 | 112 | 150 |
Other charges, net | 5 | 5 | 32 | 2 |
Income before income taxes | 307 | 262 | 871 | 766 |
Provision for income taxes | 74 | 25 | 21 | 96 |
Net income | 233 | 237 | 850 | 670 |
Net income attributable to noncontrolling interest and redeemable noncontrolling interest | 36 | 7 | 239 | 19 |
Net income attributable to Flex Ltd. | $ 197 | $ 230 | $ 611 | $ 651 |
Earnings per share attributable to the shareholders of Flex Ltd.: | ||||
Basic (in dollars per share) | $ 0.46 | $ 0.51 | $ 1.39 | $ 1.43 |
Diluted (in dollars per share) | $ 0.45 | $ 0.50 | $ 1.37 | $ 1.41 |
Weighted-average shares used in computing per share amounts: | ||||
Basic (in shares) | 431 | 452 | 440 | 455 |
Diluted (in shares) | 436 | 459 | 446 | 462 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Dec. 31, 2023 | Mar. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 2,764 | $ 3,294 |
Accounts receivable, net of allowance of $11 and $8, respectively | 3,605 | 3,739 |
Contract assets | 604 | 541 |
Inventories | 6,815 | 7,530 |
Other current assets | 1,089 | 917 |
Total current assets | 14,877 | 16,021 |
Property and equipment, net | 2,328 | 2,349 |
Operating lease right-of-use assets, net | 612 | 608 |
Goodwill | 1,348 | 1,343 |
Other intangible assets, net | 266 | 316 |
Other assets | 935 | 758 |
Total assets | 20,366 | 21,395 |
Current liabilities: | ||
Bank borrowings and current portion of long-term debt | 3 | 150 |
Accounts payable | 5,292 | 5,930 |
Accrued payroll and benefits | 513 | 522 |
Deferred revenue and customer working capital advances | 2,567 | 3,143 |
Other current liabilities | 1,011 | 1,110 |
Total current liabilities | 9,386 | 10,855 |
Long-term debt, net of current portion | 3,431 | 3,691 |
Operating lease liabilities, non-current | 502 | 506 |
Other liabilities | 602 | 637 |
Total liabilities | 13,921 | 15,689 |
Shareholders’ equity | ||
Ordinary shares, no par value; 1,500,000,000 authorized, 427,319,202 and 500,362,046 issued, and 427,319,202 and 450,122,691 outstanding, respectively | 6,056 | 6,493 |
Treasury stock, at cost; zero and 50,239,355 shares as of December 31, 2023 and March 31, 2023, respectively | 0 | (388) |
Accumulated earnings (deficit) | 51 | (560) |
Accumulated other comprehensive loss | (142) | (194) |
Total Flex Ltd. shareholders’ equity | 5,965 | 5,351 |
Noncontrolling interest | 480 | 355 |
Total shareholders’ equity | 6,445 | 5,706 |
Total liabilities, noncontrolling interest, and shareholders' equity | $ 20,366 | $ 21,395 |
 | Ms. Revathi Advaithi |
---|---|
 | flex.com |
 | Consumer Electronics |
 | 65535 |