Projected Income Statement: Flex Ltd.

Forecast Balance Sheet: Flex Ltd.

balance-sheet-analysis-chart FLEX-LTD
Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 916 1,146 1,233 547 787 1,372 1,280 1,532
Change - 25.11% 7.59% -55.64% 43.88% 74.33% -6.71% 19.69%
Announcement Date 5/7/20 5/5/21 5/4/22 5/10/23 5/1/24 - - -
1USD in Million
Estimates

Cash Flow Forecast: Flex Ltd.

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
CAPEX 1 461.7 351 443 635 530 467.1 525.3 547.8
Change - -23.98% 26.21% 43.34% -16.54% -11.86% 12.46% 4.28%
Free Cash Flow (FCF) 1 -1,995 -207 581 315 796 830.3 825.6 944.4
Change - -89.62% -380.68% -45.78% 152.7% 4.3% -0.56% 14.39%
Announcement Date 5/7/20 5/5/21 5/4/22 5/10/23 5/1/24 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Flex Ltd.

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027

Profitability

        
EBITDA Margin (%) 5.47% 6.19% 6.28% 6.13% 6.56% 7.29% 7.5% 7.72%
EBIT Margin (%) 3.71% 4.27% 4.49% 4.75% 4.8% 5.45% 5.65% 5.69%
EBT Margin (%) 0.65% - - - 2.52% 2.63% 4.5% 4.24%
Net margin (%) 0.36% 2.54% 3.59% 2.61% 3.81% 3.37% 3.74% 4.17%
FCF margin (%) -8.24% -0.86% 2.23% 1.04% 3.01% 3.29% 3.1% 3.39%
FCF / Net Income (%) -2,277.97% -33.77% 62.07% 39.72% 79.13% 97.61% 82.79% 81.19%

Profitability

        
ROA 4.65% 5.38% 5.32% 5.16% 4.78% 5.78% 6.08% 6.43%
ROE 21.77% 25.37% 24.75% 22.12% 17.74% 18.59% 19.52% 19.41%

Financial Health

        
Leverage (Debt/EBITDA) 0.69x 0.77x 0.75x 0.29x 0.45x 0.75x 0.64x 0.71x
Debt / Free cash flow -0.46x -5.54x 2.12x 1.74x 0.99x 1.65x 1.55x 1.62x

Capital Intensity

        
CAPEX / Current Assets (%) 1.91% 1.45% 1.7% 2.09% 2.01% 1.85% 1.97% 1.97%
CAPEX / EBITDA (%) 34.9% 23.49% 27.08% 34.12% 30.57% 25.4% 26.29% 25.44%
CAPEX / FCF (%) -23.14% -169.57% 76.25% 201.59% 66.58% 56.26% 63.63% 58.01%

Items per share

        
Cash flow per share 1 -2.992 0.2846 2.12 2.056 3.007 3.082 2.196 -
Change - -109.51% 644.99% -3.01% 46.22% 2.49% -28.72% -
Dividend per Share 1 - - - - - - - -
Change - - - - - - - -
Book Value Per Share 1 5.565 6.98 8.965 11.89 13.05 11.96 13.3 15.48
Change - 25.43% 28.44% 32.6% 9.76% -8.34% 11.2% 16.4%
EPS 1 0.17 1.21 1.94 1.72 2.28 2.073 2.523 3.271
Change - 611.76% 60.33% -11.34% 32.56% -9.08% 21.7% 29.69%
Nbr of stocks (in thousands) 503,992 499,172 464,086 451,081 421,163 387,783 387,783 387,783
Announcement Date 5/7/20 5/5/21 5/4/22 5/10/23 5/1/24 - - -
1USD
Estimates
2025 *2026 *
P/E ratio 18.3x 15x
PBR 3.17x 2.85x
EV / Sales 0.64x 0.6x
Yield - -
More valuation ratios * Estimated data

EPS & Dividend

eps-dividend-chart FLEX-LTD

Year-on-year evolution of the PER

evolution-chart FLEX-LTD

Year-on-year evolution of the Yield

evolution-chart FLEX-LTD
Trading Rating
Investor Rating
ESG Refinitiv
A
surperformance-ratings-light-chart FLEX-LTDMore Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
37.93USD
Average target price
42.89USD
Spread / Average Target
+13.07%
Consensus

Quarterly revenue - Rate of surprise