Flex Ltd banner

Flex Ltd
NASDAQ:FLEX

Watchlist Manager
Flex Ltd Logo
Flex Ltd
NASDAQ:FLEX
Watchlist
Price: 64.76 USD -7.51% Market Closed
Market Cap: $23.8B

EV/EBITDA

12.3
Current
97%
More Expensive
vs 3-y median of 6.2

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
12.3
=
Enterprise Value
$24.9B
/
EBITDA
$2B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
12.3
=
Enterprise Value
$24.9B
/
EBITDA
$2B

Valuation Scenarios

Flex Ltd is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (6.2), the stock would be worth $32.8 (49% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-72%
Maximum Upside
+1%
Average Downside
37%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 12.3 $64.76
0%
3-Year Average 6.2 $32.8
-49%
5-Year Average 3.4 $17.99
-72%
Industry Average 12.5 $65.55
+1%
Country Average 9.1 $47.59
-27%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
$24.9B
/
Jan 2026
$2B
=
12.3
Current
$24.9B
/
Mar 2026
$2.3B
=
10.9
Forward
$24.9B
/
Mar 2027
$2.4B
=
10.2
Forward
$24.9B
/
Mar 2028
$2.6B
=
9.7
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
SG
Flex Ltd
NASDAQ:FLEX
24.5B USD 12.3 28.7
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
999.1B CNY 23.7 28
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
2.8T TWD 6.7 14.6
CH
TE Connectivity Ltd
NYSE:TEL
59.7B USD 13.9 28.9
CA
Celestica Inc
TSX:CLS
48B CAD 25.7 38.3
US
Jabil Inc
NYSE:JBL
27.9B USD 12.4 34.5
KY
Fabrinet
NYSE:FN
19.7B USD 42.5 51.8
US
Fabrinet
SWB:FAN
11.6B EUR 26.7 33.6
TW
FIH Mobile Ltd
F:FW3
11.5B EUR 173.5 252.8
US
Sollensys Corp
OTC:SOLS
11.8B USD 13.1 49.2
CN
Goertek Inc
SZSE:002241
80.2B CNY 27.3 26.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SG
Flex Ltd
NASDAQ:FLEX
Average EV/EBITDA: 34.4
12.3
13%
0.9
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
23.7
N/A N/A
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
6.7
12%
0.6
CH
TE Connectivity Ltd
NYSE:TEL
13.9
13%
1.1
CA
Celestica Inc
TSX:CLS
25.7
44%
0.6
US
Jabil Inc
NYSE:JBL
12.4
15%
0.8
KY
Fabrinet
NYSE:FN
42.5
29%
1.5
US
F
Fabrinet
SWB:FAN
26.7
29%
0.9
TW
FIH Mobile Ltd
F:FW3
173.5
N/A N/A
US
Sollensys Corp
OTC:SOLS
13.1
8%
1.6
CN
Goertek Inc
SZSE:002241
27.3
44%
0.6

Market Distribution

In line with most companies in Singapore
Percentile
59th
Based on 540 companies
59th percentile
12.3
Low
0 — 5.3
Typical Range
5.3 — 17.7
High
17.7 —
Distribution Statistics
Singapore
Min 0
30th Percentile 5.3
Median 9.1
70th Percentile 17.7
Max 4 149.6

Flex Ltd
Glance View

Flex Ltd., once known as Flextronics, is an intriguing player in the global supply chain, where the art of making and assembling products meets the science of strategizing logistics. This Singapore-headquartered company has evolved from its origins as a circuit board manufacturer to become a pivotal orchestrator of the world's electronics manufacturing services (EMS) industry. Flex Ltd. partners with an array of diverse clients—ranging from automotive giants to cutting-edge technology firms—by offering tailor-made solutions that streamline their manufacturing processes. As businesses stare down ever-changing market dynamics, Flex leverages its extensive global network to provide scalable solutions, enabling its clients to focus on core competencies, while enjoying the benefits of improved operational efficiencies. The heart of Flex’s operation beats through its extensive global footprint, with over 100 manufacturing locations spread across 30 countries. This strategic distribution not only enables it to manufacture and deliver components swiftly but also offers clients a geographic diversity that mitigates risks associated with global supply chains. Flex makes money primarily through its three service verticals: high reliability solutions, industrial and emerging industries, and communications and enterprise compute. Each of these areas embodies Flex’s capacity to customize its offerings, from developing sophisticated medical devices to crafting components that enhance cloud data management. By harnessing advanced manufacturing technologies and fostering strong relationships with its partners, Flex Ltd. sustains its vital role in crafting the physical products that power the digital world, while driving its own growth trajectory through a resilient and adaptive business model.

FLEX Intrinsic Value
43.09 USD
Overvaluation 33%
Intrinsic Value
Price
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett