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 40,453 - -
Change - 20.57% 16.09% 5.18% 89.91% 68.08% - -
Enterprise Value (EV) 1 9,842 10,926 12,836 14,076 25,430 42,765 41,597 39,667
Change - 11.02% 17.48% 9.66% 80.66% 68.17% -2.73% -4.64%
P/E 9.56x 13.4x 12.5x 15.7x 28.1x 26.6x 15.8x 10.9x
PBR 2.07x 1.94x 2.19x 2.5x 4.81x 6.53x 4.99x 3.69x
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 1.24x 0.92x 0.77x
EV / EBITDA 6.02x 5.87x 7.4x 7.3x 11.3x 14x 9.65x 7.37x
EV / EBIT 8.42x 7.58x 10.1x 9.65x 14.4x 17.3x 11.5x 8.66x
EV / FCF 16.9x 34.7x 16.1x 13.2x 24.2x 58.9x 20.2x 13.6x
FCF Yield 5.9% 2.88% 6.2% 7.58% 4.14% 1.7% 4.95% 7.38%
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 3,046 4,311 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 65.46 109.51 109.51 109.51
Nbr of stocks (in thousands) 4,64,086 4,51,081 4,21,163 3,83,103 3,67,674 3,69,403 - -
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.($)
26.61x1.24x14.04x-.--% 4.05TCr
33.37x11.82x21.6x0.83% 12TCr
44.42x7.41x32.22x1.66% 4.97TCr
22.07x1.86x9.02x1.39% 3.54TCr
29.3x2.07x14.38x1.6% 2.91TCr
29.22x4.45x17.75x-.--% 2.83TCr
10.72x6x16.63x1.39% 2.7TCr
31.38x4.81x19.22x0.73% 1.84TCr
24.36x3.11x13.01x-.--% 1.72TCr
33.54x1.64x14.94x0.55% 1.44TCr
Average 28.50x 4.44x 17.28x 0.81% 3.81TCr
Weighted average by Cap. 30.32x 6.37x 19.07x 0.88%

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