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FLEX LTD. USD

Update

Global contract electronics manufacturer and supply-chain services provider.

Sector: United States — large cap (SEC filings)

US_FLEX

Price chart

149.22 USDDay -0.33%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
149.22 USD · -0.33%
Market cap
54.6 bn USD

Growth

Δ revenue y/y
8.1%
Δ EBITDA y/y
12.8%

Multiples

P/E (LTM)
62.0x
3y avg: 17.3x
P/B (FY)
10.6x
P/E (ann.)
57.1x
EV/EBITDA (LTM)
29.6x
3y avg: 10.0x
EV/EBITDA (ann.)
26.8x

Cash return

Dividend yield
FCF yield (LTM)
1.8%

Value creation

fundamental value/yr, % of market cap
Value created / year

Liquidity

Daily turnover (US listing)
634.9 mln USD

Shares: yahoo_fundamentals_timeseries/FLEX

🔍 Sanity check — subtotal consistency (Level-1 + Level-2) OK: 6 / Warn: 0 / Err: 13 / Autofix applied: 0
Port of PHP subtotal-total + sign-flip detection logic
PeriodIssues
2023-03-31 FYErrors 1Warn 1
2023-06-30 FYOK
2023-06-30 Q1Errors 1Warn 2
2023-09-29 FYOK
2023-09-29 Q2Errors 1Warn 1
2023-12-31 FYOK
2023-12-31 Q3Errors 2Warn 1
2024-03-31 FYErrors 1Warn 1
2024-06-28 FYOK
2024-06-28 Q1Errors 2Warn 1
2024-09-27 FYOK
2024-09-27 Q2Errors 1Warn 1
2024-12-31 FYOK
2024-12-31 Q3Errors 1Warn 1
2025-03-31 FYErrors 1Warn 1
2025-06-27 Q1Errors 1Warn 1
2025-09-26 Q2Errors 1Warn 1
2025-12-31 Q3Errors 1Warn 1
2026-03-31 FYErrors 1Warn 1
All checks pass · Has warnings (review) · Has errors (needs fix) · ✓* Autofix applied (see evidence)

Financial dynamics

Monetary columns are in B USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueB USDOperating profitB USDD&AB USDEBITDAB USDNet profitB USDOperating CFB USDCapex + M&AB USDAssetsB USDEquityB USDROE (annualized)Net debtB USDSource
2026-03-31Q1 2026 (3M)OK7.5
y/y
0.4
y/y
-0.1
y/y
0.3
y/y
0.2
y/y
0.0-0.122.1
y/y 20.0%
5.1
y/y 2.8%
17.1%1.5Link
2025-12-31Q4 2025 (3M)OK7.1
y/y
0.4
y/y
0.1
y/y
0.5
y/y
0.2
y/y
0.4-0.120.8
y/y
5.1
y/y
6.3%1.4Link
2025-09-26Q3 2025 (3M)OK6.8
y/y
0.3
y/y
0.3
y/y
0.6
y/y
0.2
y/y
0.9-0.319.5
y/y
5.0
y/y
15.7%1.4Link
2025-06-27Q2 2025 (3M)OK6.6
y/y
0.3
y/y
0.1
y/y
0.5
y/y
0.2
y/y
0.4-0.119.1
y/y
5.1
y/y
15.2%1.4Link
2025-03-31FY 2025 (12M)OK25.8
y/y 293.7%
1.2
y/y 250.0%
0.5
y/y
1.7
y/y 402.4%
0.8
y/y 218.6%
1.5-0.418.4
y/y
5.0
y/y
1.5Link
2024-12-31FY 2024 (12M)PARTIAL6.6
y/y 2.1%
0.3
y/y 68.7%
y/y
0.3
y/y 68.7%
0.3
y/y 33.5%
y/y
y/y
Link
2024-09-27FY 2024 (12M)PARTIAL6.5
y/y 1.9%
0.3
y/y 50.0%
y/y
0.3
y/y 50.0%
0.2
y/y 8.6%
y/y
y/y
Link
2024-06-28FY 2024 (12M)PARTIAL6.3
y/y -1.7%
0.2
y/y 17.7%
y/y
0.2
y/y 17.7%
0.1
y/y -29.4%
y/y
y/y
Link
2024-03-31FY 2024 (12M)OK26.4
y/y 311.4%
0.9
y/y 330.8%
0.5
y/y
1.4
y/y 583.8%
1.0
y/y 410.7%
1.3-0.518.3
y/y
5.3
y/y
0.9Link
2023-12-31FY 2023 (12M)PARTIAL6.4
y/y
0.2
y/y
y/y
0.2
y/y
0.2
y/y
y/y
y/y
Link
2023-09-29FY 2023 (12M)PARTIAL6.9
y/y
0.3
y/y
y/y
0.3
y/y
0.2
y/y
y/y
y/y
Link
2023-06-30FY 2023 (12M)PARTIAL6.9
y/y
0.2
y/y
y/y
0.2
y/y
0.2
y/y
y/y
y/y
Link
2023-03-31FY 2023 (12M)OK28.5
y/y
1.0
y/y
0.5
y/y
1.5
y/y
0.8
y/y
0.9-0.621.4
y/y
5.4
y/y
0.7Link
Data quality — review suggested

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

010 00020 00030 0002023 q22023 q32023 q42024 q22024 q32024 q42025 q22025 q32025 q42026 FY

Year-over-year change

-20%0%20%40%2023 q22023 q32023 q42024 q22024 q32024 q42025 q22025 q32025 q42026 FY

Cash flow

FCF ($ mln)

-25002505007501 0002023 q22023 q32023 q42024 q22024 q32024 q42025 H12025 q32025 q42026 FY

Net debt / cash ($ mln)

05001 0001 5002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q4

Revenue growth & acceleration

Growth accelerating ▲
Last-year revenue growth +8% vs -2% the year before — a +10.4 pp move. 3-year CAGR -1%.
revenue growth by year: 2024 -7% · 2025 -2% · 2026 +8%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

Fundamental value creation

Value the company creates per year, as a % of market cap

Value created per year: +8.0%

How this was calculated
1. EBITDA growth (latest quarter YoY, annualised)
[EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2025-12-31 vs 2024-12-31)
= (524 − 478) × 3.20
147
2. Current EV/EBITDA (LTM)
(Market cap + Net debt) ÷ EBITDA (LTM)
= (54 568 + 1 511) ÷ 1 678
30.0x — capped at 30x
3. Target multiple
(Current EV/EBITDA + 12) ÷ 2
= (30.0 + 12) ÷ 2
21.0x
4. Cash flow (balance method, LTM)
Net-debt reduction + dividends + buybacks − equity issuance
= -12 + 0 + 1 257 − 0
1 245
5. Value created per year
(EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap
= (147 × 21.0 + 1 245) ÷ 54 568
+8.0%

Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.

Dividends

No dividend rows found for this issuer (checked: Yahoo Finance (ex-div)).

Reporting forms detected in loaded periods: (Balance sheet / Profit or loss (P&L) / Cash flows)