Valuation dashboard for Flex Ltd. (FLEX) with P/E 31.22, P/B 5.57, EV/EBITDA 16.2 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.
Flex Ltd. is a global provider offering extensive design, engineering, manufacturing, and supply chain management solutions to original equipment manufacturers (OEMs) across Asia, the Americas, and Europe. Its operations are structured into three primary segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker.
What would it be worth at its usual multiples?
Versus its usual multiples: expensive · Current P/E 31.2× · Multiples range: $45.01 · $87.25.
At the decade median (16.2×) $45 (-48 %); at its sector median (31.5×) $87 (+1 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
Analysis Summary
Flex Ltd. reported revenue of $27.91B in the most recent fiscal year, growing at a 5-year CAGR of 3.0%. Net income reached $880.0M, with a 7.5% 5-year CAGR.
Trailing-twelve-month margins: gross margin 9.6%, operating margin 5.3%, net margin 3.4%.
At $86.48 (closing price, October 30, 2026), FLEX trades at a P/E of 31.22 and an ROE of 19.23%. Market capitalisation stands at $32.0B, placing it among large-cap names.
Balance sheet quality for FLEX: debt-to-equity ratio of 1.03, current ratio of 1.34 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 31.22 |
| Price / Book | 5.57 |
| EV / EBITDA | 16.2 |
| Dividend Yield | 0.00% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| FLEX | Flex Ltd. | $32.0B | 31.22 | 5.57 | 19.2% |
| SANM | Sanmina Corporation | $8.9B | 29.62 | 3.48 | 12.6% |
| PLXS | Plexus Corp. | $5.5B | 28.06 | 3.52 | 13.3% |
| CLS | Celestica Inc. | $33.5B | 25.03 | 5.12 | 38.3% |
| JBL | Jabil Inc. | $28.1B | 27.89 | 17.72 | 74.1% |
| FN | Fabrinet | $11.7B | 25.08 | 4.78 | 21.0% |
| BHE | Benchmark Electronics, Inc. | $2.4B | 44.11 | 2.17 | 5.0% |
Price
| Price | $86.48 (closing price, October 30, 2026) |
| Market Cap | $32.0B |
| Exchange | NASDAQ |
| Country | US |
Profitability
| Return on Equity | 19.23% |
| Return on Invested Capital | 9.93% |
| Return on Assets | 3.79% |
| Gross Margin | 9.61% |
| Operating Margin | 5.27% |
| Net Margin | 3.35% |
Related companies: SANM · PLXS · CLS · JBL · FN · BHE
Explore sector: Technology · Hardware, Equipment & Parts
More sections of FLEX: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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