The Discounted Cash Flow (DCF) valuation of Flex Ltd (FLEX) is 88.22 USD. With the latest stock price at 51.69 USD, the upside of Flex Ltd based on DCF is 70.7%.

Is FLEX a buy or a sell?

Based on the latest price of 51.69 USD and our DCF valuation, Flex Ltd (FLEX) is a buy. Buying FLEX stocks now will result in a potential gain of 70.7%.

	Range	Selected
WACC / Discount Rate	7.6% - 11.2%	9.4%
Long-term Growth Rate	1.0% - 3.0%	2.0%
Fair Price	64.13 - 141.23	88.22
Upside	24.1% - 173.2%	70.7%

51.69 USD

Stock Price

88.22 USD

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

FLEX DCF Valuation: Revenue & Expenses Forecast

(USD in millions)		Projections

	03-2025	03-2026	03-2027	03-2028	03-2029	03-2030

Revenue	25,813	26,777	28,071	29,666	31,103	31,725
% Growth	2%	4%	5%	6%	5%	2%

Cost of goods sold	(23,584)	(23,975)	(24,632)	(25,510)	(26,211)	(26,200)
% of Revenue	91%	90%	88%	86%	84%	83%

Selling, G&A expenses	(904)	(938)	(983)	(1,039)	(1,089)	(1,111)
% of Revenue	4%	4%	4%	4%	4%	4%

Research & Development	0	0	0	0	0	0
% of Revenue	0%	0%	0%	0%	0%	0%

Net interest & other expenses	(302)	(313)	(328)	(347)	(364)	(371)
% of Revenue	1%	1%	1%	1%	1%	1%

Tax expense	(185)	(219)	(301)	(392)	(486)	(572)
Tax rate	18%	14%	14%	14%	14%	14%

Net profit	838	1,331	1,827	2,378	2,952	3,470
% Margin	3%	5%	7%	8%	9%	11%