FLEX vs. TDY: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at FLEX and TDY, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | FLEX | TDY |
|---|---|---|
| Company Name | Flex Ltd. | Teledyne Technologies Incorporated |
| Country | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry | Electronic Equipment, Instruments & Components | Electronic Equipment, Instruments & Components |
| Market Capitalization | 22.26 billion USD | 23.59 billion USD |
| Exchange | NasdaqGS | NYSE |
| Listing Date | March 18, 1994 | November 23, 1999 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of FLEX and TDY by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | FLEX | TDY |
|---|---|---|
| 5-Day Price Return | -5.74% | -3.64% |
| 13-Week Price Return | 22.43% | -6.92% |
| 26-Week Price Return | 43.35% | 1.63% |
| 52-Week Price Return | 58.45% | 2.97% |
| Month-to-Date Return | -4.05% | -4.86% |
| Year-to-Date Return | 56.26% | 7.99% |
| 10-Day Avg. Volume | 3.78M | 0.39M |
| 3-Month Avg. Volume | 3.83M | 0.34M |
| 3-Month Volatility | 37.98% | 21.42% |
| Beta | 1.26 | 1.03 |
Profitability
Return on Equity (TTM)
FLEX
16.77%
Electronic Equipment, Instruments & Components Industry
- Max
- 25.62%
- Q3
- 13.32%
- Median
- 9.23%
- Q1
- 4.70%
- Min
- -3.60%
In the upper quartile for the Electronic Equipment, Instruments & Components industry, FLEX’s Return on Equity of 16.77% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
TDY
8.09%
Electronic Equipment, Instruments & Components Industry
- Max
- 25.62%
- Q3
- 13.32%
- Median
- 9.23%
- Q1
- 4.70%
- Min
- -3.60%
TDY’s Return on Equity of 8.09% is on par with the norm for the Electronic Equipment, Instruments & Components industry, indicating its profitability relative to shareholder equity is typical for the sector.
Net Profit Margin (TTM)
FLEX
3.33%
Electronic Equipment, Instruments & Components Industry
- Max
- 18.22%
- Q3
- 10.34%
- Median
- 7.81%
- Q1
- 3.28%
- Min
- -4.57%
FLEX’s Net Profit Margin of 3.33% is aligned with the median group of its peers in the Electronic Equipment, Instruments & Components industry. This indicates its ability to convert revenue into profit is typical for the sector.
TDY
13.62%
Electronic Equipment, Instruments & Components Industry
- Max
- 18.22%
- Q3
- 10.34%
- Median
- 7.81%
- Q1
- 3.28%
- Min
- -4.57%
A Net Profit Margin of 13.62% places TDY in the upper quartile for the Electronic Equipment, Instruments & Components industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin (TTM)
FLEX
4.73%
Electronic Equipment, Instruments & Components Industry
- Max
- 26.64%
- Q3
- 15.10%
- Median
- 9.55%
- Q1
- 4.57%
- Min
- -7.07%
FLEX’s Operating Profit Margin of 4.73% is around the midpoint for the Electronic Equipment, Instruments & Components industry, indicating that its efficiency in managing core business operations is typical for the sector.
TDY
17.61%
Electronic Equipment, Instruments & Components Industry
- Max
- 26.64%
- Q3
- 15.10%
- Median
- 9.55%
- Q1
- 4.57%
- Min
- -7.07%
An Operating Profit Margin of 17.61% places TDY in the upper quartile for the Electronic Equipment, Instruments & Components industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
Profitability at a Glance
| Symbol | FLEX | TDY |
|---|---|---|
| Return on Equity (TTM) | 16.77% | 8.09% |
| Return on Assets (TTM) | 4.59% | 5.47% |
| Net Profit Margin (TTM) | 3.33% | 13.62% |
| Operating Profit Margin (TTM) | 4.73% | 17.61% |
| Gross Profit Margin (TTM) | 9.14% | 42.73% |
Financial Strength
Current Ratio (MRQ)
FLEX
1.30
Electronic Equipment, Instruments & Components Industry
- Max
- 5.52
- Q3
- 3.20
- Median
- 2.02
- Q1
- 1.51
- Min
- 0.33
FLEX’s Current Ratio of 1.30 falls into the lower quartile for the Electronic Equipment, Instruments & Components industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
TDY
1.79
Electronic Equipment, Instruments & Components Industry
- Max
- 5.52
- Q3
- 3.20
- Median
- 2.02
- Q1
- 1.51
- Min
- 0.33
TDY’s Current Ratio of 1.79 aligns with the median group of the Electronic Equipment, Instruments & Components industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio (MRQ)
FLEX
0.74
Electronic Equipment, Instruments & Components Industry
- Max
- 1.12
- Q3
- 0.55
- Median
- 0.33
- Q1
- 0.10
- Min
- 0.00
FLEX’s leverage is in the upper quartile of the Electronic Equipment, Instruments & Components industry, with a Debt-to-Equity Ratio of 0.74. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
TDY
0.24
Electronic Equipment, Instruments & Components Industry
- Max
- 1.12
- Q3
- 0.55
- Median
- 0.33
- Q1
- 0.10
- Min
- 0.00
TDY’s Debt-to-Equity Ratio of 0.24 is typical for the Electronic Equipment, Instruments & Components industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio (TTM)
FLEX
7.39
Electronic Equipment, Instruments & Components Industry
- Max
- 114.40
- Q3
- 51.32
- Median
- 14.03
- Q1
- 3.74
- Min
- -61.15
FLEX’s Interest Coverage Ratio of 7.39 is positioned comfortably within the norm for the Electronic Equipment, Instruments & Components industry, indicating a standard and healthy capacity to cover its interest payments.
TDY
17.20
Electronic Equipment, Instruments & Components Industry
- Max
- 114.40
- Q3
- 51.32
- Median
- 14.03
- Q1
- 3.74
- Min
- -61.15
TDY’s Interest Coverage Ratio of 17.20 is positioned comfortably within the norm for the Electronic Equipment, Instruments & Components industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | FLEX | TDY |
|---|---|---|
| Current Ratio (MRQ) | 1.30 | 1.79 |
| Quick Ratio (MRQ) | 0.79 | 1.03 |
| Debt-to-Equity Ratio (MRQ) | 0.74 | 0.24 |
| Interest Coverage Ratio (TTM) | 7.39 | 17.20 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
FLEX
0.00%
Electronic Equipment, Instruments & Components Industry
- Max
- 5.16%
- Q3
- 2.39%
- Median
- 1.18%
- Q1
- 0.12%
- Min
- 0.00%
FLEX currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
TDY
0.00%
Electronic Equipment, Instruments & Components Industry
- Max
- 5.16%
- Q3
- 2.39%
- Median
- 1.18%
- Q1
- 0.12%
- Min
- 0.00%
TDY currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio (TTM)
FLEX
0.00%
Electronic Equipment, Instruments & Components Industry
- Max
- 197.57%
- Q3
- 87.33%
- Median
- 36.23%
- Q1
- 3.99%
- Min
- 0.00%
FLEX has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
TDY
0.00%
Electronic Equipment, Instruments & Components Industry
- Max
- 197.57%
- Q3
- 87.33%
- Median
- 36.23%
- Q1
- 3.99%
- Min
- 0.00%
TDY has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | FLEX | TDY |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
Price-to-Earnings Ratio (TTM)
FLEX
25.16
Electronic Equipment, Instruments & Components Industry
- Max
- 71.05
- Q3
- 42.87
- Median
- 27.84
- Q1
- 19.17
- Min
- 7.73
FLEX’s P/E Ratio of 25.16 is within the middle range for the Electronic Equipment, Instruments & Components industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
TDY
28.76
Electronic Equipment, Instruments & Components Industry
- Max
- 71.05
- Q3
- 42.87
- Median
- 27.84
- Q1
- 19.17
- Min
- 7.73
TDY’s P/E Ratio of 28.76 is within the middle range for the Electronic Equipment, Instruments & Components industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Price-to-Sales Ratio (TTM)
FLEX
0.84
Electronic Equipment, Instruments & Components Industry
- Max
- 7.81
- Q3
- 4.01
- Median
- 2.09
- Q1
- 1.25
- Min
- 0.16
In the lower quartile for the Electronic Equipment, Instruments & Components industry, FLEX’s P/S Ratio of 0.84 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.
TDY
3.92
Electronic Equipment, Instruments & Components Industry
- Max
- 7.81
- Q3
- 4.01
- Median
- 2.09
- Q1
- 1.25
- Min
- 0.16
TDY’s P/S Ratio of 3.92 aligns with the market consensus for the Electronic Equipment, Instruments & Components industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio (MRQ)
FLEX
2.53
Electronic Equipment, Instruments & Components Industry
- Max
- 7.49
- Q3
- 4.09
- Median
- 2.35
- Q1
- 1.55
- Min
- 0.44
FLEX’s P/B Ratio of 2.53 is within the conventional range for the Electronic Equipment, Instruments & Components industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
TDY
2.57
Electronic Equipment, Instruments & Components Industry
- Max
- 7.49
- Q3
- 4.09
- Median
- 2.35
- Q1
- 1.55
- Min
- 0.44
TDY’s P/B Ratio of 2.57 is within the conventional range for the Electronic Equipment, Instruments & Components industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | FLEX | TDY |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 25.16 | 28.76 |
| Price-to-Sales Ratio (TTM) | 0.84 | 3.92 |
| Price-to-Book Ratio (MRQ) | 2.53 | 2.57 |
| Price-to-Free Cash Flow Ratio (TTM) | 18.50 | 22.65 |
