WallStSmart

Flex Ltd (FLEX)vsSanmina Corporation (SANM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Flex Ltd generates 188% more annual revenue ($26.83B vs $9.31B). FLEX leads profitability with a 3.2% profit margin vs 2.5%. SANM appears more attractively valued with a PEG of 0.68. SANM earns a higher WallStSmart Score of 59/100 (C).

FLEX

Buy

57

out of 100

Grade: C

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

SANM

Buy

59

out of 100

Grade: C

Growth: 7.3Profit: 5.0Value: 7.3Quality: 5.8
Piotroski: 4/9Altman Z: 1.87
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

FLEXSignificantly Overvalued (-327.7%)

Margin of Safety

-327.7%

Fair Value

$15.16

Current Price

$70.02

$54.86 premium

UndervaluedFair: $15.16Overvalued
SANMSignificantly Overvalued (-424.2%)

Margin of Safety

-424.2%

Fair Value

$28.49

Current Price

$138.56

$110.07 premium

UndervaluedFair: $28.49Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

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

Growing faster than its price suggests

SANM2 strengths · Avg: 9.0/10
Revenue GrowthGrowth
59.0%10/10

Revenue surging 59.0% year-over-year

PEG RatioValuation
0.688/10

Growing faster than its price suggests

Areas to Watch

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%

SANM4 concerns · Avg: 3.5/10
P/E RatioValuation
32.2x4/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
1.874/10

Grey zone — moderate risk

Profit MarginProfitability
2.5%3/10

2.5% margin — thin

Operating MarginProfitability
3.7%3/10

Operating margin of 3.7%

Comparative Analysis Report

WallStSmart Research

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.

Bull Case : SANM

The strongest argument for SANM centers on Revenue Growth, PEG Ratio. Revenue growth of 59.0% demonstrates continued momentum. PEG of 0.68 suggests the stock is reasonably priced for its growth.

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.

Bear Case : SANM

The primary concerns for SANM are P/E Ratio, Altman Z-Score, Profit Margin. Thin 2.5% margins leave little buffer for downturns.

Key Dynamics to Monitor

FLEX profiles as a value stock while SANM is a hypergrowth play — different risk/reward profiles.

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

SANM is growing revenue faster at 59.0% — sustainability is the question.

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

Bottom Line

SANM scores higher overall (59/100 vs 57/100) and 59.0% revenue growth. 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.

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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Sanmina Corporation

TECHNOLOGY · ELECTRONIC COMPONENTS · USA

Sanmina Corporation offers integrated solutions for manufacturing, components, products and repair, logistics and after-sales services globally. The company is headquartered in San Jose, California.

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