FLEX vs. SMCI: Flex vs. Super Micro Computer Stock Comparison
How do Flex (FLEX) and Super Micro Computer (SMCI) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Flex (FLEX) and Super Micro Computer (SMCI) both fall under the Technology Hardware & Equipment industry group, but FLEX is classified in Electronic Equipment, Instruments & Components while SMCI is classified in Technology Hardware, Storage & Peripherals.
| Profile Item | FLEX | SMCI |
|---|---|---|
| Name | Flex Ltd. | Super Micro Computer Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Electronic Equipment, Instruments & Components | Technology Hardware, Storage & Peripherals |
| GICS Sub-Industry | Electronic Manufacturing Services | Technology Hardware, Storage & Peripherals |
| Market Capitalization | 25.78 billion USD | 18.96 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | March 18, 1994 | March 29, 2007 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FLEX | SMCI |
|---|---|---|
| Total Return (1Y) | 24.99% | -26.81% |
| Total Return (3Y, Annualized) | 59.41% | 3.18% |
| Total Return (5Y, Annualized) | 42.37% | 45.36% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FLEX | SMCI |
|---|---|---|
| Volatility (1Y, Annualized) | 76.21% | 93.09% |
| Beta (5Y) | 1.82 | 2.21 |
| Max Drawdown (5Y) | -58.83% | -84.84% |
| Avg. Volume (3M) | 4.28M | 43.55M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FLEX | SMCI |
|---|---|---|
| Sharpe Ratio (1Y) | 0.27 | -0.33 |
| Sortino Ratio (1Y) | 0.44 | -0.48 |
Profitability
ROE (TTM)
Super Micro Computer (SMCI) at 32.37% sits in the top ROE quartile, while Flex (FLEX) at 19.13% is closer to the peer norm — stronger capital efficiency for SMCI.
FLEX
Technology Hardware & Equipment industry group
19.13%
- Max
- 42.47%
- FLEX
- 19.13%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
SMCI
Technology Hardware & Equipment industry group
32.37%
- Max
- 42.47%
- SMCI
- 32.37%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
Both Flex (FLEX) at 3.35% and Super Micro Computer (SMCI) at 6.77% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
FLEX
Technology Hardware & Equipment industry group
3.35%
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- FLEX
- 3.35%
- Q1
- 0.00%
- Min
- -11.02%
SMCI
Technology Hardware & Equipment industry group
6.77%
- Max
- 27.60%
- Q3
- 11.66%
- SMCI
- 6.77%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Both Flex (FLEX) at 5.05% and Super Micro Computer (SMCI) at 10.35% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
FLEX
Technology Hardware & Equipment industry group
5.05%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- FLEX
- 5.05%
- Q1
- 1.46%
- Min
- -21.39%
SMCI
Technology Hardware & Equipment industry group
10.35%
- Max
- 36.27%
- Q3
- 18.36%
- SMCI
- 10.35%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | FLEX | SMCI |
|---|---|---|
| ROE (TTM) | 19.13% | 32.37% |
| ROA (TTM) | 4.39% | 11.61% |
| Net Margin (TTM) | 3.35% | 6.77% |
| Operating Margin (TTM) | 5.05% | 10.35% |
| Gross Margin (TTM) | 9.67% | 11.67% |
Growth
Revenue Growth
Super Micro Computer (SMCI) at 77.79% clears its industry range for revenue growth, far stronger top-line momentum than Flex (FLEX) at 8.14%, which is closer to a typical peer reading.
EPS Growth
Super Micro Computer (SMCI) at 94.05% sits in the top EPS growth quartile, while Flex (FLEX) at 10.43% is closer to the peer norm — faster per-share earnings growth for SMCI.
Growth Metrics
| Metric | FLEX | SMCI |
|---|---|---|
| Revenue Growth (YoY) | 8.14% | 77.79% |
| Revenue Growth (3Y CAGR) | -0.69% | 76.34% |
| EPS Growth (YoY) | 10.43% | 94.05% |
| EPS Growth (3Y CAGR) | 10.65% | 41.82% |
Financial Strength
Current Ratio (MRQ)
Flex (FLEX) at 1.34 keeps current ratio within its industry’s typical mid-range, while Super Micro Computer (SMCI) at 3.02 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
FLEX
Technology Hardware & Equipment industry group
1.34
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- FLEX
- 1.34
- Q1
- 1.32
- Min
- 0.17
SMCI
Technology Hardware & Equipment industry group
3.02
- Max
- 5.34
- SMCI
- 3.02
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Super Micro Computer (SMCI) at 0.57 carries an industry-typical debt-to-equity mix, while Flex (FLEX) at 1.03 uses more debt funding than most peers.
FLEX
Technology Hardware & Equipment industry group
1.03
- Max
- 1.76
- FLEX
- 1.03
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
SMCI
Technology Hardware & Equipment industry group
0.57
- Max
- 1.76
- Q3
- 0.78
- SMCI
- 0.57
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | FLEX | SMCI |
|---|---|---|
| Current Ratio (MRQ) | 1.34 | 3.02 |
| Debt / Equity (MRQ) | 1.03 | 0.57 |
| Net Debt / EBITDA | 1.32 | 0.50 |
Dividends
Dividend Yield (TTM)
Neither Flex (FLEX) nor Super Micro Computer (SMCI) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
FLEX
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- FLEX
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SMCI
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- SMCI
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Flex (FLEX) nor Super Micro Computer (SMCI) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
FLEX
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- FLEX
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SMCI
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- SMCI
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FLEX | SMCI |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Super Micro Computer (SMCI) at 6.07 sits in the cheaper P/E ratio quartile, while Flex (FLEX) at 25.10 is closer to its industry’s usual earnings multiple — a discount for SMCI, though growth and earnings durability still matter.
FLEX
Technology Hardware & Equipment industry group
25.10
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- FLEX
- 25.10
- Q1
- 19.36
- Min
- 6.07
SMCI
Technology Hardware & Equipment industry group
6.07
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- SMCI
- 6.07
- Min
- 6.07
P/S Ratio (TTM)
Both Flex (FLEX) at 0.83 and Super Micro Computer (SMCI) at 0.35 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.
FLEX
Technology Hardware & Equipment industry group
0.83
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- FLEX
- 0.83
- Min
- 0.00
SMCI
Technology Hardware & Equipment industry group
0.35
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- SMCI
- 0.35
- Min
- 0.00
P/B Ratio (MRQ)
Super Micro Computer (SMCI) at 1.60 sits in the lower P/B ratio quartile against book while Flex (FLEX) at 4.44 is valued near its industry’s middle — SMCI is cheaper on assets, though weigh it against ROE and asset quality.
FLEX
Technology Hardware & Equipment industry group
4.44
- Max
- 10.75
- Q3
- 5.52
- FLEX
- 4.44
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
SMCI
Technology Hardware & Equipment industry group
1.60
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- SMCI
- 1.60
- Min
- 0.33
Valuation Metrics
| Metric | FLEX | SMCI |
|---|---|---|
| P/E Ratio (TTM) | 25.10 | 6.07 |
| P/S Ratio (TTM) | 0.83 | 0.35 |
| P/B Ratio (MRQ) | 4.44 | 1.60 |
| Free Cash Flow Yield (TTM) | 2.41% | -42.54% |