FLEX, LTD Potential Spin-off (Solar) Notes

December 10, 2020 – Notes

  • This is a good Seeking Alpha article about Flex, Ltd (FLEX), a Singapore based electronics manufacturing company.
  • It also owns 100% of NEXTracker, a leading solar tracker company.
  • A spin-off could get investors excited, however, it doesn’t look imminent.
  • The SA author believes core “Flex” is appropriately valued at 3.9x EBITDA.