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How much a stock's price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well.
Another factor that can influence investors is FOMO, or the fear of missing out, especially with tech giants and popular consumer-facing stocks.
What if you'd invested in Flex (FLEX) ten years ago? It may not have been easy to hold on to FLEX for all that time, but if you did, how much would your investment be worth today?
Flex's Business In-Depth
With that in mind, let's take a look at Flex's main business drivers.
Singapore-based Flex Ltd (formerly known as Flextronics International Ltd) has a diverse workforce across 30 countries and offers advanced manufacturing solutions and additional value to customers through a wide array of services, including design and engineering, component services, rapid prototyping, fulfilment, and circular economy solutions.
The company believes that growing complexity in markets, goods, and environmental, social, and governance ("ESG") standards will propel expansion in the contract manufacturing services sector.
The company has expanded and enhanced its service offering by capabilities in software, robotics, artificial intelligence, factory automation, simulation, digital twins, and other disruptive technologies.
The company reports revenues in two segments - Flex Agility Solutions Group (FAS) and Flex Reliability Solutions (FRS) Group.
Flex Agility Solutions Group comprises Communications & Enterprise Compute or CEC, Lifestyle and Consumer Devices businesses. The FAS segment is optimized for speed to market, based on a highly flexible supply and manufacturing system.
Flex Reliability Solutions Group comprises Health Solutions, Automotive and Industrial businesses. The FRS category is designed to accommodate longer product lifecycles, which call for intricate ramps, specialised manufacturing models, and crucial conditions.
Nextracker is a leading provider of solar tracker and software solutions for utility-scale and ground-mounted solar projects worldwide. In February 2023, Nextracker announced its initial public offering of 23,255,814 shares of its common stock. In January, 2024, the company announced that it had completed the spin-off of all its remaining interest in Nextracker to its shareholders (on a pro-rata basis)
Post the spin-off of Nextracker in the fourth-quarter fiscal 2024, its historical financials are now reported under discontinued operations.
In fiscal 2025, revenues totaled $25.8 billion. Flex Agility Solutions represented 55% of total revenues and Reliability Solutions Group contributed 45%.