Flex (FLEX) Stock Looks Cheap On Cash Flow But Pricey On Earnings

Flex stock has delivered a very large 5 year return, yet current valuation checks and intrinsic value estimates still point to upside relative to the share price. After such a strong period, investors are weighing how much of the AI infrastructure story is already reflected in where Flex trades today. Over 5 years, Flex has returned about 8.4x on an absolute basis, which puts extra focus on whether that pace is supported by current cash flow expectations. Growth expectations around Flex's AI...