FLEX: Flex Ltd. - Summary | Jitta

Flex Ltd.

NASDAQ:FLEX

Price
$25.15
Loss Chance
42.5%
6.34JITTA SCORE
33.90%Under Jitta Line
Jitta Ranking
427 / 5,055
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (60)
Recent Business Performance (67)
Financial Strength (56)
Return to Shareholders (58)
Competitive Advantage (73)
Jitta Signs
Revenue and EarningConsistent Growth in the past 3 years
Operating MarginExpansion
Share RepurchaseEvery Year
Interest Coverage RatioVery Good
SG&A to SalesDecreasing
Recent Business PerformanceEarning decline 7.24% in the last year
Key Stats
Jitta Score
Jitta Line
6.34
33.90%
Electronic Manufacturing Services
5.54
41.90%
3.95
146.83%
7.80
4.37%
COMPANY DESCRIPTION
Flex Ltd. provides technology, supply chain, and manufacturing solutions in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devices. Its FRS segment provides complex ramps with specialized production models and critical environments, which comprise automotive including next generation mobility, autonomous, connectivity, electrification, and smart technologies; health solutions, such as medical devices, medical equipment, and drug delivery; and industrial solutions including capital equipment, industrial devices, and renewables and grid edge. The Nextracker segment offers solar tracker and software solutions, which are used in utility-scale and ground-mounted distributed generation solar projects. In addition, it provides a broad array of services including design and engineering, component services, rapid prototyping, fulfillment, and circular economy solutions. 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 Singapore.