EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Flex's Enterprise Value is $12,769 Mil.
Flex's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,291 Mil. Therefore, Flex's EV-to-EBIT for today is 9.89.
The historical rank and industry rank for Flex's EV-to-EBIT or its related term are showing as below:
FLEX'
s EV-to-EBIT Range Over the Past 10 Years
Min: 5.64 Med: 10.83 Max: 115.75
Current: 9.89
During the past 13 years, the highest EV-to-EBIT of Flex was 115.75. The lowest was 5.64. And the median was 10.83.
FLEX's EV-to-EBIT is ranked better than 70.52% of 1706
companies
in the Hardware industry
Industry Median: 16.115
vs FLEX: 9.89
The historical data trend for Flex's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Flex Annual Data
Trend
Mar14
Mar15
Mar16
Mar17
Mar18
Mar19
Mar20
Mar21
Mar22
Mar23
EV-to-EBIT
15.60
10.15
9.45
6.71
7.45
Flex Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
EV-to-EBIT
6.59
7.45
9.04
8.01
8.61
Competitive Comparison
For the Electronic Components subindustry, Flex's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Flex EV-to-EBIT Distribution
For the Hardware industry and Technology sector, Flex's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Flex's EV-to-EBIT falls into.
Flex's current Enterprise Value is $12,769 Mil.
Flex's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,291 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Flex (NAS:FLEX) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Flex's Enterprise Value for the quarter that ended in Dec. 2023 was $11,120 Mil.
Flex's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,291 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Flex EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Flex's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Flex Ltd is a contract manufacturing company providing comprehensive electronics design, manufacturing, and product management services to global electronics and technology companies. The company's operating segments include Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. Flex Agility Solutions segment includes markets such as Communications, Enterprise and Cloud; Lifestyle; and Consumer Devices. Flex Reliability Solutions segment includes markets such as Automotive, Health Solutions, and Industrial. The Nextracker segment provides solar tracker technologies that optimize and increase energy production. The company's geographical segments include China, Mexico, the United States, Brazil, Malaysia, Hungary, and Others.
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