Flex Ltd. (NASDAQ:FLEX) is a company in the Printed Circuit Boards industry and that’s how we compare it to its peers. The contrasting will be based on the institutional ownership, profitability, analyst recommendations, risk, dividends, earnings and valuation.
Insider & Institutional Ownership
Flex Ltd. has 97.5% of its shares held by institutional investors and an average of 61.32% institutional ownership for its peers. On other hand Flex Ltd. has 1.1% of its shares held by company insiders and an average of 7.10% insiders ownership for its peers.
Table 1 has Flex Ltd. and its peers’ return on equity, return on assets and net margins.
|Net Margins||Return on Equity||Return on Assets|
Valuation & Earnings
In next table we are contrasting Flex Ltd. and its peers’ valuation, gross revenue and net income.
|Net Income||Gross Revenue||Price/Earnings Ratio|
Flex Ltd. has lower revenue, but higher P/E Ratio than its peers. The company has a higher P/E ratio which is presently more expensive in compare to its peers.
Table 3 shows breakdown of current ratings for Flex Ltd. and its peers.
|Sell Ratings||Hold Ratings||Buy Ratings||Rating Score|
$11.5 is the consensus price target of Flex Ltd., with a potential upside of 15.58%. As a group, Printed Circuit Boards companies have a potential upside of 27.91%. By having stronger consensus rating and higher probable upside, Flex Ltd. make research analysts believe that the company is more favorable than its peers.
In this table we show the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of Flex Ltd. and its peers.
|Performance (W)||Performance (M)||Performance (Q)||Performance (HY)||Performance (Y)||Performance (YTD)|
For the past year Flex Ltd. has stronger performance than Flex Ltd.’s rivals.
The Current Ratio and a Quick Ratio of Flex Ltd. are 1.2 and 0.7. Competitively, Flex Ltd.’s peers have 1.64 and 1.03 for Current and Quick Ratio. Flex Ltd.’s rivals have better ability to pay short and long-term obligations than Flex Ltd.
Risk & Volatility
A beta of 1.79 shows that Flex Ltd. is 79.00% more volatile than Standard and Poor’s 500. Competitively, Flex Ltd.’s peers’ beta is 1.18 which is 17.90% more volatile than Standard and Poor’s 500.
Flex Ltd. does not pay a dividend.
Flex Ltd. beats Flex Ltd.’s rivals on 4 of the 6 factors.
Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers worldwide. It offers innovation services, such as innovations labs for supporting customer design and product development services from early concept stages; collective innovation platform, an ecosystem of technology solutions; Lab IX, a startup accelerator program; centers of excellence solutions in critical areas; interconnect technology center for printed circuits; and CloudLabs that enables customers to accelerate a spectrum of cloud, converged infrastructure, and datacenter strategies. The company also provides design and engineering services, including contract design and joint development manufacturing services, which cover various technical competencies, such as system architecture, user interface and industrial design, mechanical engineering, technology, enclosure systems, thermal and tooling design, electronic system design, reliability and failure analysis, and component level development engineering; and systems assembly and manufacturing services. In addition, it provides component product solutions, including rigid and flexible printed circuit board fabrication, and power supplies; after-market supply chain logistics services; and reverse logistics and repair services, such as returns management, exchange programs, complex repair, asset recovery, recycling and e-waste management for consumer and midrange products, printers, smart phones, consumer medical devices, notebooks, PC’s, set-top boxes, game consoles, and infrastructure products. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1990 and is based in Singapore.
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