How to buy Flex stock | $18.67

Flex Ltd is an electronic components business based in the US. Flex shares (FLEX) are listed on the NASDAQ and all prices are listed in US Dollars. Flex employs 167,201 staff and has a trailing 12-month revenue of around 0.00.

Flex stock price (NASDAQ: FLEX)

Use our graph to track the performance of FLEX stocks over time.

Flex shares at a glance

• Key figures

Information last updated 2021-10-25.

Latest market close	$18.67
52-week range	$13.08 - $20.04
50-day moving average	$18.50
200-day moving average	$17.99
Wall St. target price	$23.71
PE ratio	12.3072
Dividend yield	N/A (0%)
Earnings per share (TTM)	$1.52

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Is it a good time to buy Flex stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Flex price performance over time

Historical closes compared with the close of $18.67 from 2021-10-22

1 week (2021-10-19)	-2.05%
1 month (2021-09-24)	-1.94%
3 months (2021-07-26)	11.80%
6 months (2021-04-26)	2.02%

1 year (2020-10-23)	27.70%
2 years (2019-10-25)	60.81%
3 years (2018-10-25)	71.13%
5 years (2016-10-25)	37.89%

Is Flex under- or over-valued?

Valuing Flex stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Flex's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Flex's P/E ratio

Flex's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Flex shares trade at around 12x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Flex's PEG ratio

Flex's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.97. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Flex's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Flex's EBITDA

Flex's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.5 billion.

The EBITDA is a measure of a Flex's overall financial performance and is widely used to measure a its profitability.

Flex financials

Revenue TTM	$25.3 billion
Operating margin TTM	4.12%
Gross profit TTM	$1.8 billion
Return on assets TTM	4.3%
Return on equity TTM	23.79%
Profit margin	3.03%
Book value	$7.17
Market capitalisation	$9.1 billion

TTM: trailing 12 months

Shorting Flex shares

There are currently 7.3 million Flex shares held short by investors – that's known as Flex's "short interest". This figure is 9.4% down from 8.1 million last month.

There are a few different ways that this level of interest in shorting Flex shares can be evaluated.

Flex's "short interest ratio" (SIR)

Flex's "short interest ratio" (SIR) is the quantity of Flex shares currently shorted divided by the average quantity of Flex shares traded daily (recently around 2.9 million). Flex's SIR currently stands at 2.52. In other words for every 100,000 Flex shares traded daily on the market, roughly 2520 shares are currently held short.

However Flex's short interest can also be evaluated against the total number of Flex shares, or, against the total number of tradable Flex shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Flex's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Flex shares in existence, roughly 20 shares are currently held short) or 0.023% of the tradable shares (for every 100,000 tradable Flex shares, roughly 23 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Flex.

Find out more about how you can short Flex stock.

Flex's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Flex.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Flex's total ESG risk score

Total ESG risk: 6.09

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Flex's overall score of 6.09 (as at 12/31/2018) is excellent – landing it in it in the 2nd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Flex is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Flex's environmental score

Environmental score: 0.74/100

Flex's environmental score of 0.74 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Flex is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Flex's social score

Social score: 2.45/100

Flex's social score of 2.45 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Flex is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Flex's governance score

Governance score: 2.39/100

Flex's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that Flex is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Flex's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Flex scored a 1 out of 5 for controversy – the highest score possible, reflecting that Flex has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Flex Ltd was last rated for ESG on: 2019-01-01.

Total ESG score	6.09
Total ESG percentile	1.52
Environmental score	0.74
Environmental score percentile	2
Social score	2.45
Social score percentile	2
Governance score	2.39
Governance score percentile	2
Level of controversy	1

Flex share dividends

We're not expecting Flex to pay a dividend over the next 12 months.

Have Flex's shares ever split?

Flex's shares were split on a 2:1 basis on 16 October 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Flex shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Flex shares which in turn could have impacted Flex's share price.

Flex share price volatility

Over the last 12 months, Flex's shares have ranged in value from as little as $13.08 up to $20.04. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Flex's is 1.5693. This would suggest that Flex's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Flex overview

Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers in Asia, the Americas, and Europe. It operates through two segments, Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). The company provides a portfolio of technologies in electrical/electronics, electromechanical, and software; and cross-industry technologies, including human machine interface, audio and video, system in package, miniaturization, IoT platforms, and power management. It also designs and integrates advanced data center servers, storage and networking equipment, and data center appliances. In addition, the company provides value-added design and engineering services; and systems assembly and manufacturing services that include enclosures, testing services, and materials procurement and inventory management services. Further, it offers chargers for smartphones and tablets; adapters for notebooks and gaming systems; power supplies for the server, storage, and networking markets; isolated DC/DC converters and non-isolated Point of Load converters for the information and communications technology market; and specialized power module solutions for other markets.

Frequently asked questions

What percentage of Flex is owned by insiders or institutions?
Currently 0.726% of Flex shares are held by insiders and 98.649% by institutions. How many people work for Flex?
Latest data suggests 167,201 work at Flex. When does the fiscal year end for Flex?
Flex's fiscal year ends in March. Where is Flex based?
Flex's address is: 2 Changi South Lane, Singapore, Singapore, 486123 What is Flex's ISIN number?
Flex's international securities identification number is: SG9999000020 What is Flex's CUSIP number?
Flex's Committee on Uniform Securities Identification Procedures number is: Y2573F102