Company Valuation: Flex Ltd.

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 8,609 10,379 12,049 12,673 24,068 40,357 - -
Change - 20.57% 16.09% 5.18% 89.91% 67.68% - -
Enterprise Value (EV) 1 9,842 10,926 12,836 14,076 25,430 42,669 41,501 39,571
Change - 11.02% 17.48% 9.66% 80.66% 67.79% -2.74% -4.65%
P/E 9.56x 13.4x 12.5x 15.7x 28.1x 26.5x 15.8x 10.9x
PBR 2.07x 1.94x 2.19x 2.5x 4.81x 6.51x 4.98x 3.68x
PEG - -1.2x 0.4x -2.11x 2.7x 0.3x 0.2x 0.2x
Capitalization / Revenue 0.33x 0.34x 0.46x 0.49x 0.86x 1.17x 0.9x 0.78x
EV / Revenue 0.38x 0.36x 0.49x 0.55x 0.91x 1.23x 0.92x 0.76x
EV / EBITDA 6.02x 5.87x 7.4x 7.3x 11.3x 14.1x 9.77x 7.35x
EV / EBIT 8.42x 7.58x 10.1x 9.65x 14.4x 17.3x 11.5x 8.64x
EV / FCF 16.9x 34.7x 16.1x 13.2x 24.2x 58.8x 20.1x 13.5x
FCF Yield 5.9% 2.88% 6.2% 7.58% 4.14% 1.7% 4.97% 7.4%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 1.94 1.72 2.28 2.11 2.33 4.115 6.928 10.01
Distribution rate - - - - - - - -
Net sales 1 26,041 30,346 26,415 25,813 27,914 34,621 44,979 51,819
EBITDA 1 1,636 1,861 1,734 1,928 2,259 3,022 4,246 5,384
EBIT 1 1,169 1,442 1,267 1,459 1,764 2,471 3,608 4,581
Net income 1 936 793 1,006 838 880 1,553 2,612 3,736
Net Debt 1 1,233 547 787 1,403 1,362 2,312 1,143 -786.3
Reference price 2 18.55 23.01 28.61 33.08 65.46 109.25 109.25 109.25
Nbr of stocks (in thousands) 464,086 451,081 421,163 383,103 367,674 369,403 - -
Announcement Date 04/05/22 10/05/23 01/05/24 07/05/25 05/05/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.55x1.23x14.12x-.--% 40.36B
35.92x12.82x23.41x0.77% 127B
49.55x8.23x35.89x1.62% 55.41B
23.37x1.97x9.57x1.31% 36.57B
30.59x2.17x15.05x1.53% 29.72B
29.33x4.46x17.81x-.--% 28.41B
11.14x6.2x17.28x1.36% 28.03B
31.58x4.85x19.37x0.73% 18.59B
23.74x3.04x12.72x-.--% 16.73B
33.96x1.66x15.1x0.55% 14.49B
Average 29.57x 4.66x 18.03x 0.79% 39.53B
Weighted average by Cap. 32.29x 6.92x 20.52x 0.86%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield