Flex Ltd (FXI) - Net Assets
Based on the latest financial reports, Flex Ltd (FXI) has net assets worth €5.12 Billion EUR (≈ $5.99 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€20.82 Billion ≈ $24.34 Billion USD) and total liabilities (€15.70 Billion ≈ $18.35 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Flex Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €5.12 Billion |
| % of Total Assets | 24.6% |
| Annual Growth Rate | 7.74% |
| 5-Year Change | 45.58% |
| 10-Year Change | 91.98% |
| Growth Volatility | 13.02 |
Flex Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Flex Ltd's net assets have evolved over time, based on quarterly financial data. See FXI defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Flex Ltd (2014–2025)
The table below shows the annual net assets of Flex Ltd from 2014 to 2025. For live valuation and market cap data, see FXI company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €5.00 Billion ≈ $5.85 Billion |
-6.07% |
| 2024-03-31 | €5.33 Billion ≈ $6.23 Billion |
-6.68% |
| 2023-03-31 | €5.71 Billion ≈ $6.67 Billion |
+35.63% |
| 2022-03-31 | €4.21 Billion ≈ $4.92 Billion |
+22.44% |
| 2021-03-31 | €3.44 Billion ≈ $4.02 Billion |
+21.36% |
| 2020-03-31 | €2.83 Billion ≈ $3.31 Billion |
-4.75% |
| 2019-03-31 | €2.97 Billion ≈ $3.48 Billion |
-1.53% |
| 2018-03-31 | €3.02 Billion ≈ $3.53 Billion |
+12.71% |
| 2017-03-31 | €2.68 Billion ≈ $3.13 Billion |
+2.79% |
| 2016-03-31 | €2.61 Billion ≈ $3.05 Billion |
+8.73% |
| 2015-03-31 | €2.40 Billion ≈ $2.80 Billion |
+8.84% |
| 2014-03-31 | €2.20 Billion ≈ $2.57 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Flex Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 622109400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.28 Billion | 25.67% |
| Other Components | €3.72 Billion | 74.33% |
| Total Equity | €5.00 Billion | 100.00% |
Flex Ltd Competitors by Market Cap
The table below lists competitors of Flex Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Exelon Corporation
NASDAQ:EXC
|
$44.93 Billion |
|
Nebius Group N.V.
NASDAQ:NBIS
|
$44.95 Billion |
|
Cheniere Energy Inc
NYSE MKT:LNG
|
$44.96 Billion |
|
Franco-Nevada Corporation
TO:FNV
|
$44.97 Billion |
|
UCB S.A. UNSP.ADR 1/2
F:UNC0
|
$44.84 Billion |
|
Kia Corp
KO:000270
|
$44.83 Billion |
|
Fortescue Ltd
AU:FMG
|
$44.75 Billion |
|
Doosan Heavy Ind. & Const.
KO:034020
|
$44.74 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flex Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,325,000,000 to 5,002,000,000, a change of -323,000,000 (-6.1%).
- Net income of 838,000,000 contributed positively to equity growth.
- Share repurchases of 1,257,000,000 reduced equity.
- Other factors increased equity by 96,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €838.00 Million | +16.75% |
| Share Repurchases | €1.26 Billion | -25.13% |
| Other Changes | €96.00 Million | +1.92% |
| Total Change | €- | -6.07% |
Book Value vs Market Value Analysis
This analysis compares Flex Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 9.64x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 25.64x to 9.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €4.98 | €127.60 | x |
| 2018-03-31 | €5.72 | €127.60 | x |
| 2019-03-31 | €5.75 | €127.60 | x |
| 2020-03-31 | €5.69 | €127.60 | x |
| 2021-03-31 | €6.98 | €127.60 | x |
| 2022-03-31 | €8.90 | €127.60 | x |
| 2023-03-31 | €11.89 | €127.60 | x |
| 2024-03-31 | €13.05 | €127.60 | x |
| 2025-03-31 | €13.24 | €127.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flex Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.75%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.25%
- • Asset Turnover: 1.40x
- • Equity Multiplier: 3.67x
- Recent ROE (16.75%) is above the historical average (15.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 16.90% | 1.40% | 2.09x | 5.78x | €149.29 Million |
| 2015 | 25.45% | 2.30% | 2.24x | 4.94x | €364.72 Million |
| 2016 | 17.27% | 1.82% | 1.97x | 4.82x | €186.99 Million |
| 2017 | 12.08% | 1.34% | 1.89x | 4.76x | €55.11 Million |
| 2018 | 14.20% | 1.68% | 1.85x | 4.54x | €126.68 Million |
| 2019 | 3.14% | 0.36% | 1.94x | 4.54x | €-203.84 Million |
| 2020 | 3.09% | 0.36% | 1.77x | 4.84x | €-195.54 Million |
| 2021 | 17.84% | 2.54% | 1.52x | 4.61x | €269.40 Million |
| 2022 | 22.67% | 3.59% | 1.35x | 4.68x | €523.10 Million |
| 2023 | 14.82% | 2.78% | 1.33x | 4.00x | €257.90 Million |
| 2024 | 18.89% | 3.81% | 1.45x | 3.43x | €473.50 Million |
| 2025 | 16.75% | 3.25% | 1.40x | 3.67x | €337.80 Million |
Industry Comparison
This section compares Flex Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $28,209,908,172
- Average return on equity (ROE) among peers: -429.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flex Ltd (FXI) | €5.12 Billion | 16.90% | 3.07x | $44.89 Billion |
| FIT Hon Teng Limited (0FJ) | $2.35 Billion | 7.23% | 0.94x | $3.65 Billion |
| BYD Electronic (International) Company Limited (4BY) | $29.33 Billion | 13.78% | 1.97x | $6.92 Billion |
| VIA OPTRONICS AG SP.ADS/1 (5UU1) | $64.75 Million | -19.33% | 1.50x | $5.24 Million |
| AUO CORP. SP.ADR NEW/10 (AU7) | $191.41 Billion | -11.02% | 1.02x | $3.23 Billion |
| DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen (DAM) | $42.70 Million | 7.58% | 0.97x | $98.03 Million |
| DESWELL INDS INC. DL-01 (DW2) | $90.78 Million | 9.07% | 0.27x | $43.03 Million |
| NOCTILUCA S.A. ZY -15 (G0Z) | $140.65K | -3888.23% | 21.97x | $41.19 Million |
| Valuetronics Holdings Limited (GJ7) | $1.46 Billion | 11.70% | 0.50x | $286.88 Million |
| Hana Microelectronics Public Company Limited (HAA1) | $29.15 Billion | 6.04% | 0.21x | $10.21K |
About Flex Ltd
Flex Ltd. provides technology innovation, supply chain, and manufacturing solutions to data center, communications, enterprise, consumer, automotive, industrial, healthcare, industrial, and power industries. The company operates through two segments, Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). The FAS segment offers flexible supply and manufacturing system comprising commun… Read more