The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

FLEX

Concerning the House

Flex Ltd. provides technology innovation, supply chain, and manufacturing solutions to data center, communications, enterprise, consumer, automotive, healthcare, industrial, and power industries in the Americas, Asia, and Europe. The company operates through three segments: Integrated Technology Solutions (ITS), Regulated Manufacturing Solutions (RMS), and Cloud and Power Infrastructure (CPI). The ITS segment offers flexible supply and manufacturing solutions for communications, including high speed networking, enterprise, and satellite communications systems, as well as lifestyle solutions comprising products across commercial, home, and personal product categories. Its RMS segment includes industrial products, such as mission critical automation, energy, and industrial infrastructure; automotive products, including compute and power electronics platforms and integrated systems; and healthcare products comprising regulated manufacturing for medical devices, drug delivery, and equipment. The CPI segment provides cloud and cooling products, such as integrated compute systems supporting power dense digital infrastructure deployments and advanced liquid cooling solutions supporting higher density, power intensive rack architectures; and power products that include utility and facility level electrical infrastructure enabling power delivery and high density rack and board level power systems. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1969 and is headquartered in Austin, Texas.

United States · www.flex.com

The Long Run

FY 2009–2025 · 16 years

LineLatestCAGRTrend
Revenue$28.50B+1.1%
Gross profit$471.00M-6.1%
Operating income$1.02B+34.8%
Net income$838.00M+11.7%
Cash from ops$950.00M+1.5%
Quotation

$124.30

-0.23 (-0.2%)

52w hi$162.07
52w lo$49.00
Vol2.14M
As ofAug 13
The Verdict

Hold

Our score +0.19

Short-0.20
Medium+0.38
Long+0.60

computed 2026-08-13

By the Numbers

Flex Ltd.

Technology · Electronic Components

Market cap$45.92B
Enterprise value$49.09B
Trailing P/E47.99x
Forward P/E17.48x
EV / EBITDA23.12x
P / S (ttm)1.57x
Profit margin3.3%
Return on equity18.4%
Revenue growth+20.6%
Earnings growth+52.0%
Debt / equity107.82
Risk Metrics
Beta vs SPX2.04
Corr SPX0.58
Annual vol56.9%
Annual ret+88.2%
Sharpe1.55
Max DD-40.0%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.32
Sector+0.15
Technical-0.04
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$125.00$127.66$123.69$124.302.14M
Aug 12$128.19$130.38$124.47$124.533.51M
Aug 11$121.73$125.44$120.32$122.412.89M
Aug 10$122.72$124.03$119.59$119.702.93M
Aug 7$124.73$126.11$119.78$121.353.37M