FLEX vs. TEL: Flex vs. TE Connectivity Stock Comparison
How do Flex (FLEX) and TE Connectivity (TEL) 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 TE Connectivity (TEL) are both classified in the Electronic Manufacturing Services sub-industry within the broader Electronic Equipment, Instruments & Components industry, placing them in the closest GICS peer bucket.
| Profile Item | FLEX | TEL |
|---|---|---|
| Name | Flex Ltd. | TE Connectivity plc |
| Country/Region | United States | Ireland |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Electronic Equipment, Instruments & Components | Electronic Equipment, Instruments & Components |
| GICS Sub-Industry | Electronic Manufacturing Services | Electronic Manufacturing Services |
| Market Capitalization | 25.78 billion USD | 59.52 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | March 18, 1994 | June 14, 2007 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FLEX | TEL |
|---|---|---|
| Total Return (1Y) | 24.99% | -8.84% |
| Total Return (3Y, Annualized) | 59.41% | 22.58% |
| Total Return (5Y, Annualized) | 42.37% | 7.96% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FLEX | TEL |
|---|---|---|
| Volatility (1Y, Annualized) | 76.21% | 36.95% |
| Beta (5Y) | 1.82 | 1.14 |
| Max Drawdown (5Y) | -58.83% | -34.26% |
| Avg. Volume (3M) | 4.28M | 1.95M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FLEX | TEL |
|---|---|---|
| Sharpe Ratio (1Y) | 0.27 | -0.36 |
| Sortino Ratio (1Y) | 0.44 | -0.47 |
Profitability
ROE (TTM)
TE Connectivity (TEL) at 24.61% sits in the top ROE quartile, while Flex (FLEX) at 19.13% is closer to the peer norm — stronger capital efficiency for TEL.
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%
TEL
Technology Hardware & Equipment industry group
24.61%
- Max
- 42.47%
- TEL
- 24.61%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
TE Connectivity (TEL) at 16.36% retains a top-quartile share of revenue as profit, ahead of Flex (FLEX) at 3.35%, which keeps about the industry-typical share.
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%
TEL
Technology Hardware & Equipment industry group
16.36%
- Max
- 27.60%
- TEL
- 16.36%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
TE Connectivity (TEL) at 21.07% operates in the top operating margin quartile, ahead of Flex (FLEX) at 5.05%, which runs around its industry’s norm.
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%
TEL
Technology Hardware & Equipment industry group
21.07%
- Max
- 36.27%
- TEL
- 21.07%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | FLEX | TEL |
|---|---|---|
| ROE (TTM) | 19.13% | 24.61% |
| ROA (TTM) | 4.39% | 10.00% |
| Net Margin (TTM) | 3.35% | 16.36% |
| Operating Margin (TTM) | 5.05% | 21.07% |
| Gross Margin (TTM) | 9.67% | 36.24% |
Growth
Revenue Growth
Both Flex (FLEX) at 8.14% and TE Connectivity (TEL) at 8.94% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Flex (FLEX) at 10.43% is around its peer norm for EPS growth, while TE Connectivity (TEL) at -40.37% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | FLEX | TEL |
|---|---|---|
| Revenue Growth (YoY) | 8.14% | 8.94% |
| Revenue Growth (3Y CAGR) | -0.69% | 1.97% |
| EPS Growth (YoY) | 10.43% | -40.37% |
| EPS Growth (3Y CAGR) | 10.65% | -6.23% |
Financial Strength
Current Ratio (MRQ)
Both Flex (FLEX) at 1.34 and TE Connectivity (TEL) at 1.73 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity 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
TEL
Technology Hardware & Equipment industry group
1.73
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- TEL
- 1.73
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
TE Connectivity (TEL) at 0.41 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
TEL
Technology Hardware & Equipment industry group
0.41
- Max
- 1.76
- Q3
- 0.78
- TEL
- 0.41
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | FLEX | TEL |
|---|---|---|
| Current Ratio (MRQ) | 1.34 | 1.73 |
| Debt / Equity (MRQ) | 1.03 | 0.41 |
| Net Debt / EBITDA | 1.32 | 0.76 |
Dividends
Dividend Yield (TTM)
Flex (FLEX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile TE Connectivity (TEL) reports a yield of 1.44%, ranking against industry peers normally.
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%
TEL
Technology Hardware & Equipment industry group
1.44%
- TEL
- 1.44%
- Max
- 0.73%
- Q3
- 0.31%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Flex (FLEX) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile TE Connectivity (TEL) reports a payout of 28.50%, ranking against industry peers normally.
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%
TEL
Technology Hardware & Equipment industry group
28.50%
- Max
- 32.27%
- TEL
- 28.50%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FLEX | TEL |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.44% |
| Dividend Payout Ratio (TTM) | 0.00% | 28.50% |
Valuation
P/E Ratio (TTM)
TE Connectivity (TEL) at 18.70 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 TEL, 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
TEL
Technology Hardware & Equipment industry group
18.70
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- TEL
- 18.70
- Min
- 6.07
P/S Ratio (TTM)
Flex (FLEX) at 0.83 sits in the cheaper P/S ratio quartile while TE Connectivity (TEL) at 2.99 prices around its industry’s middle — FLEX costs less per dollar of sales, though read it alongside growth and margins.
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
TEL
Technology Hardware & Equipment industry group
2.99
- Max
- 11.30
- Q3
- 5.82
- TEL
- 2.99
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Flex (FLEX) at 4.44 and TE Connectivity (TEL) at 4.38 are valued close to their industries’ norm against book — neither stands out from peers.
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
TEL
Technology Hardware & Equipment industry group
4.38
- Max
- 10.75
- Q3
- 5.52
- TEL
- 4.38
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | FLEX | TEL |
|---|---|---|
| P/E Ratio (TTM) | 25.10 | 18.70 |
| P/S Ratio (TTM) | 0.83 | 2.99 |
| P/B Ratio (MRQ) | 4.44 | 4.38 |
| Free Cash Flow Yield (TTM) | 2.41% | 4.09% |