Flex Ltd (FLEX) is overvalued and Jabil Inc (JBL) is overvalued.
Both trade above our estimate of their intrinsic value. JBL is the closer of the two: -60%, against -137% for FLEX.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 11.8% (average of 3 methods) values the shares at $48.24; the price of $114.45 is 137% above that value, and 67% of that value comes from beyond year five.
Leak Score 56/100 on 10 of 12 signals
Discounting its cash flows at 10.6% (average of 3 methods) values the shares at $192.57; the price of $308.98 is 60% above that value, and 70% of that value comes from beyond year five.
Leak Score 57/100 on 10 of 12 signals
| Metric | FLEX | JBL |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $114.45 | $308.98 |
| Intrinsic value | $48.24 | $192.57 |
| Margin of safety | -137% | -60% |
| Leak Score | 56/100 (10/12) | 57/100 (10/12) |
| Market cap | $42.3B | $32.4B |
| Revenue growth, 5 years | 3.0% | 1.8% |
| Operating margin | 5.6% | 5.0% |
| Net margin | 3.3% | 2.6% |
| Return on equity | 18.4% | 66.1% |
| Debt to equity | 1.08 | 2.94 |
| P/E | 44.2x | 38.6x |
| Forward P/E | 16.1x | 18.4x |
| P/B | 7.7x | 24.5x |
| Dividend yield | — | 0.1% |