Herber Bingham - Flex Non-Executive Independent Chairman of the Board

FLEX Stock  USD 27.63  0.45  1.60%   

Chairman

Mr. Herber Raymond Bingham is NonExecutive Independent Chairman of the Board of Flextronics International Ltd., since January 2008 and as a member of our Board of Directors since October 2005. He is an Advisory Director of Riverwood Capital Management, LP, a private equity firm that invests in high growth technology companies in need of financial and intellectual capital on a global scale. Previously, he was an Advisory Director of General Atlantic LLC, from 2011 to 2015, and from 2006 to 2010 was a Managing Director. Prior to that, Mr. Bingham served in various positions with Cadence Design Systems, Inc., a supplier of electronic design automation software and services, from 1997 through 2005, most recently as its Executive Chairman from May 2004 to July 2005, director from November 1997 to April 2004, President and Chief Executive Officer from April 1999 to May 2004, and Executive Vice President and Chief Financial Officer from April 1993 to April 1999. Mr. Bingham serves on the board of directors of Oracle Corporation and as chairman of the board of Cypress Semiconductor Corporation and of the board of TriNet Group, Inc. Mr. Bingham previously served on the boards of Dice Holdings, Inc., Fusionio, Inc. and Spansion, Inc. In 2009, Mr. Bingham was awarded the Outstanding Directors Award by the Financial Times and the Outstanding Directors Exchange. He helped found and serves as a director of the Silicon Valley Educational Foundation and is a board member of the National Parks Conservation Association. In 2015, Mr. Bingham became a trustee of the United States Olympic Committee. since 2008.
Age 69
Tenure 16 years
Address 2 Changi South Lane, Singapore, Singapore, 486123
Phone65 6876 9899
Webhttps://www.flex.com

Flex Management Efficiency

The company has return on total asset (ROA) of 0.0425 % which means that it generated a profit of $0.0425 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2196 %, meaning that it created $0.2196 on every $100 dollars invested by stockholders. Flex's management efficiency ratios could be used to measure how well Flex manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Flex's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.04 in 2024, whereas Return On Capital Employed is likely to drop 0.07 in 2024. At this time, Flex's Total Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 915.3 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 3.7 B in 2024.
The company currently holds 4.35 B in liabilities with Debt to Equity (D/E) ratio of 1.05, which is about average as compared to similar companies. Flex has a current ratio of 1.26, suggesting that it is not liquid enough and may have problems paying out its financial obligations when due. Debt can assist Flex until it has trouble settling it off, either with new capital or with free cash flow. So, Flex's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Flex sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Flex to invest in growth at high rates of return. When we think about Flex's use of debt, we should always consider it together with cash and equity.

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Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers in Asia, the Americas, and Europe. Flex Ltd. was incorporated in 1990 and is based in Singapore. Flextronics Intl operates under Electronic Components classification in the United States and is traded on NASDAQ Exchange. It employs 172648 people. Flex (FLEX) is traded on NASDAQ Exchange in USA. It is located in 2 Changi South Lane, Singapore, Singapore, 486123 and employs 172,108 people. Flex is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification.

Management Performance

Flex Leadership Team

Elected by the shareholders, the Flex's board of directors comprises two types of representatives: Flex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Flex. The board's role is to monitor Flex's management team and ensure that shareholders' interests are well served. Flex's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Flex's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gus Shahin, Chief Officer
John Carlson, President of Flex Medical Solutions
Silvia Gianelli, Senior Communications
Willy Shih, Independent Director
Jennifer Li, Director
David Rubin, Vice Relations
Paul Humphries, President of High Reliability Solutions
Daniel Schulman, Independent Director
Jonathan Hoak, Executive VP and General Counsel
Daniel Wendler, Chief Officer
Francois Barbier, President of Global Operations and Components
Lawrence Zimmerman, Independent Director
Herber Bingham, Non-Executive Independent Chairman of the Board
Michael McNamara, CEO and Director
Revathi Advaithi, CEO Director
Michael Capellas, Independent Director
Scott Offer, Executive Vice President General Counsel
Paul Baldassari, President Services
David Bennett, Chief Accounting Officer, VP of Fin. and Corporate Controller
Michael Hartung, President Solutions
KEVIN KESSEL, Vice President - Investor Relations
Michael Mendenhall, Chief Marketing & Communications Officer
Xavier Boza, Chief Officer
William Watkins, Independent Director
Hooi Kwang, President Chain
Marc Onetto, Independent Director
Christopher Collier, CFO
Lay Tan, Independent Director
Heber Bingham, Non-Executive Independent Chairman of the Board
Paul Lundstrom, Chief Officer

Flex Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Flex a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Flex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flex Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Flex Stock please use our How to Invest in Flex guide.
Note that the Flex information on this page should be used as a complementary analysis to other Flex's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running Flex's price analysis, check to measure Flex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flex is operating at the current time. Most of Flex's value examination focuses on studying past and present price action to predict the probability of Flex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flex's price. Additionally, you may evaluate how the addition of Flex to your portfolios can decrease your overall portfolio volatility.
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Is Flex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flex. If investors know Flex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Earnings Share
1.68
Revenue Per Share
66.374
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0425
The market value of Flex is measured differently than its book value, which is the value of Flex that is recorded on the company's balance sheet. Investors also form their own opinion of Flex's value that differs from its market value or its book value, called intrinsic value, which is Flex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flex's market value can be influenced by many factors that don't directly affect Flex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.