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Flex Ltd
NASDAQ:FLEX

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Flex Ltd
NASDAQ:FLEX
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Price: 86.9 USD 1.73% Market Closed
Market Cap: $32B

P/S

1.2
Current
280%
More Expensive
vs 3-y average of 0.3

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
1.2
=
Market Cap
$24.7B
/
Revenue
$26.8B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
1.2
=
Market Cap
$24.7B
/
Revenue
$26.8B

Valuation Scenarios

Flex Ltd is trading above its 3-year average

If P/S returns to its 3-Year Average (0.3), the stock would be worth $22.87 (74% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-85%
Maximum Upside
+22%
Average Downside
40%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 1.2 $86.9
0%
3-Year Average 0.3 $22.87
-74%
5-Year Average 0.2 $12.71
-85%
Industry Average 0.9 $66.07
-24%
Country Average 1.5 $106.02
+22%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
$24.7B
/
Jan 2026
$26.8B
=
1.2
Current
$24.7B
/
Mar 2026
$27.9B
=
0.9
Forward
$24.7B
/
Mar 2027
$29.7B
=
0.8
Forward
$24.7B
/
Mar 2028
$31.5B
=
0.8
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
SG
Flex Ltd
NASDAQ:FLEX
32.8B USD 1.2 38.5
CN
Foxconn Industrial Internet Co Ltd
SSE:601138
1.3T CNY 1.5 37.8
TW
Hon Hai Precision Industry Co Ltd
TWSE:2317
3.2T TWD 0.4 16.4
CH
TE Connectivity Ltd
NYSE:TEL
63.9B USD 3.5 31
CA
Celestica Inc
TSX:CLS
63.2B CAD 3.6 53.8
US
Jabil Inc
NYSE:JBL
35.8B USD 1.1 44.3
KY
Fabrinet
NYSE:FN
24.7B USD 6.3 64.9
TW
FIH Mobile Ltd
F:FW3
11.5B EUR 2 252.8
US
TTM Technologies Inc
NASDAQ:TTMI
13.7B USD 4.7 77.2
US
Sollensys Corp
OTC:SOLS
12.9B USD 3.3 53.6
CN
Goertek Inc
SZSE:002241
84.9B CNY 0.9 29.2

Market Distribution

In line with most companies in Singapore
Percentile
44th
Based on 619 companies
44th percentile
1.2
Low
0 — 0.8
Typical Range
0.8 — 3.3
High
3.3 —
Distribution Statistics
Singapore
Min 0
30th Percentile 0.8
Median 1.5
70th Percentile 3.3
Max 215.8

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 50%
Intrinsic Value
Price $86.9
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