WallStSmart

Benchmark Electronics Inc (BHE)vsFlex Ltd (FLEX)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Flex Ltd generates 909% more annual revenue ($26.83B vs $2.66B). BHE leads profitability with a 94.0% profit margin vs 3.2%. FLEX appears more attractively valued with a PEG of 0.94. FLEX earns a higher WallStSmart Score of 57/100 (C).

BHE

Buy

51

out of 100

Grade: C-

Growth: 3.3Profit: 5.5Value: 4.7Quality: 5.0

FLEX

Buy

57

out of 100

Grade: C

Growth: 4.0Profit: 6.0Value: 7.3Quality: 7.0
Piotroski: 4/9Altman Z: 2.14
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BHESignificantly Overvalued (-1175.5%)

Margin of Safety

-1175.5%

Fair Value

$4.62

Current Price

$59.03

$54.41 premium

UndervaluedFair: $4.62Overvalued
FLEXSignificantly Overvalued (-327.7%)

Margin of Safety

-327.7%

Fair Value

$15.16

Current Price

$70.02

$54.86 premium

UndervaluedFair: $15.16Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BHE2 strengths · Avg: 9.0/10
Profit MarginProfitability
94.0%10/10

Keeps 94 of every $100 in revenue as profit

Price/BookValuation
1.9x8/10

Reasonable price relative to book value

FLEX1 strengths · Avg: 8.0/10
PEG RatioValuation
0.948/10

Growing faster than its price suggests

Areas to Watch

BHE4 concerns · Avg: 2.5/10
Return on EquityProfitability
2.3%3/10

ROE of 2.3% — below average capital efficiency

Operating MarginProfitability
3.3%3/10

Operating margin of 3.3%

P/E RatioValuation
86.8x2/10

Premium valuation, high expectations priced in

EPS GrowthGrowth
-63.7%2/10

Earnings declined 63.7%

FLEX4 concerns · Avg: 3.0/10
P/E RatioValuation
31.0x4/10

Premium valuation, high expectations priced in

Profit MarginProfitability
3.2%3/10

3.2% margin — thin

Debt/EquityHealth
1.093/10

Elevated debt levels

EPS GrowthGrowth
-4.5%2/10

Earnings declined 4.5%

Comparative Analysis Report

WallStSmart Research

Bull Case : BHE

The strongest argument for BHE centers on Profit Margin, Price/Book. Profitability is solid with margins at 94.0% and operating margin at 3.3%. PEG of 1.33 suggests the stock is reasonably priced for its growth.

Bull Case : FLEX

The strongest argument for FLEX centers on PEG Ratio. PEG of 0.94 suggests the stock is reasonably priced for its growth.

Bear Case : BHE

The primary concerns for BHE are Return on Equity, Operating Margin, P/E Ratio. A P/E of 86.8x leaves little room for execution misses.

Bear Case : FLEX

The primary concerns for FLEX are P/E Ratio, Profit Margin, Debt/Equity. Thin 3.2% margins leave little buffer for downturns.

Key Dynamics to Monitor

BHE profiles as a mature stock while FLEX is a value play — different risk/reward profiles.

FLEX carries more volatility with a beta of 1.25 — expect wider price swings.

FLEX is growing revenue faster at 7.7% — sustainability is the question.

FLEX generates stronger free cash flow (272M), providing more financial flexibility.

Bottom Line

FLEX scores higher overall (57/100 vs 51/100). Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Benchmark Electronics Inc

TECHNOLOGY · ELECTRONIC COMPONENTS · USA

Benchmark Electronics, Inc. provides product design, engineering services, technology solutions, and advanced manufacturing services in the Americas, Asia, and Europe. The company is headquartered in Tempe, Arizona.

Flex Ltd

TECHNOLOGY · ELECTRONIC COMPONENTS · USA

Flex Ltd. provides design, engineering, manufacturing and supply chain services and solutions to OEMs in Asia, the Americas and Europe. The company is headquartered in Singapore.

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