Compare · FLEX vs MEI
FLEX vs MEI
Side-by-side comparison of Flex Ltd. (FLEX) and Methode Electronics Inc. (MEI): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both FLEX and MEI operate in Electrical Products (Technology), so they compete in similar markets.
- FLEX is the larger of the two at $40.36B, about 70.9x MEI ($569.3M).
- FLEX has been more active in the news (13 items in the past 4 weeks vs 10 for MEI).
- FLEX has more recent analyst coverage (10 ratings vs 8 for MEI).
- Company
- Flex Ltd.
- Methode Electronics Inc.
- Price
- -
- -
- Market cap
- $40.36B
- $569.3M
- 1M return
- -5.82%
- -
- 1Y return
- +104.19%
- -
- Industry
- Electrical Products
- Electrical Products
- Exchange
- NASDAQ
- NYSE
- IPO
- 1994
- News (4w)
- 13
- 10
- Recent ratings
- 10
- 8
Flex Ltd.
Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers in Asia, the Americas, and Europe. It operates through High Reliability Solutions, Industrial and Emerging Industries, Communications & Enterprise Compute, and Consumer Technologies Group segments. The company provides a portfolio of technologies in electrical/electronics, electromechanical, and software; and cross-industry technologies, including human machine interface, audio and video, system in package, miniaturization, IoT platforms, and power management. It also designs and integrates advanced data center servers, storage and networking equipment, and data center appliances. In addition, the company provides value-added design and engineering services; and systems assembly and manufacturing services that include enclosures, testing services, and materials procurement and inventory management services. Further, it offers chargers for smartphones and tablets; adapters for notebooks and gaming systems; power supplies for the server, storage, and networking markets; isolated DC/DC converters and non-isolated Point of Load converters for the information and communications technology market; and specialized power module solutions for other markets. Additionally, the company provides after-market and forward supply chain logistics services comprising supplier-managed inventory, inbound freight management, product postponement, build/configure to order, order fulfillment and distribution, asset tracking, and supply chain network design; and reverse logistics and repair solutions, including returns management, exchange programs, complex repair, asset recovery, recycling, and e-waste management. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1990 and is based in Singapore.
Methode Electronics Inc.
Methode Electronics, Inc. designs, manufactures, and markets component and subsystem devices worldwide. It operates through four segments: Automotive, Industrial, Interface, and Medical. The Automotive segment supplies electronic and electro-mechanical devices, and related products to automobile original equipment manufacturers directly or through their tiered suppliers. Its products include integrated center consoles, hidden switches, ergonomic switches, transmission lead-frames, and LED-based lighting and sensors, which incorporate magneto-elastic sensing and other technologies that monitor the operation or status of a component or system. The Industrial segment manufactures lighting solutions; industrial safety radio remote controls; braided flexible cables; current-carrying laminated busbars and devices; custom power-product assemblies, such as PowerRail solution; high-current low-voltage flexible power cabling systems; and powder-coated busbars that are used in various markets and applications comprising aerospace, commercial vehicles, computers, industrial, power conversion, military, telecommunications, and transportation. The Interface segment provides various copper based transceivers and related accessories for the cloud computing hardware equipment and telecommunications broadband equipment markets; user interface solutions for the appliance, commercial food service, and point-of-sale equipment markets; and luid-level sensors for the marine/recreational vehicle and sump pump markets. The Medical segment offers Dabir Surfaces, a surface support technology aimed at pressure injury prevention for use by patients who are immobilized or otherwise at risk for pressure injuries, including patients undergoing long-duration surgical procedures. The company was founded in 1946 and is headquartered in Chicago, Illinois.
Latest FLEX
- Chief Commercial Officer Hartung Michael P sold $332,352 worth of Ordinary Shares (2,755 units at $120.64), decreasing direct ownership by 1% to 243,175 units (SEC Form 4) to satisfy withholding obligation
- Chief Executive Officer Advaithi Revathi disposed of 35,051 units of Ordinary Shares, decreasing direct ownership by 23% to 117,857 units (SEC Form 4)
- Director Watkins William D was granted 3,158 units of Ordinary Shares, increasing direct ownership by 3% to 102,066 units (SEC Form 4)
- Director Ward Pat was granted 2,338 units of Ordinary Shares, increasing direct ownership by 50% to 7,051 units (SEC Form 4)
- Director Tan Lay Koon was granted 1,928 units of Ordinary Shares, increasing direct ownership by 0.92% to 210,834 units (SEC Form 4)
- Director Sylvester Maryrose was granted 2,338 units of Ordinary Shares, increasing direct ownership by 9% to 28,552 units (SEC Form 4)
- Director Stevens Charles K. Iii was granted 3,158 units of Ordinary Shares, increasing direct ownership by 7% to 48,584 units (SEC Form 4)
- Director Mcsweeney Erin was granted 1,928 units of Ordinary Shares, increasing direct ownership by 20% to 11,440 units (SEC Form 4)
- Director Hurlston Michael E. was granted 2,338 units of Ordinary Shares, increasing direct ownership by 4% to 61,696 units (SEC Form 4)
- Director Harris John D was granted 1,928 units of Ordinary Shares, increasing direct ownership by 4% to 56,319 units (SEC Form 4)
Latest MEI
- Craig Hallum initiated coverage on Methode Electronics with a new price target
- Chief Financial Officer Kowalchik Laura Michele returned $187,838 worth of shares to the company (11,268 units at $16.67), decreasing direct ownership by 7% to 149,436 units (SEC Form 4) (for withholding tax)
- CPO & EHS Officer Erwin John Thomas returned $67,814 worth of shares to the company (4,068 units at $16.67), decreasing direct ownership by 7% to 54,603 units (SEC Form 4) to cover taxes
- General Counsel Vyverberg Kerry A. returned $72,131 worth of shares to the company (4,327 units at $16.67), decreasing direct ownership by 11% to 35,904 units (SEC Form 4) to satisfy withholding tax
- SVP Global Automotive Business Ullrich Lars returned $135,977 worth of shares to the company (8,157 units at $16.67), decreasing direct ownership by 9% to 83,604 units (SEC Form 4) (for withholding tax)
- CEO and President Degaynor Jonathan B returned $787,958 worth of shares to the company (47,268 units at $16.67), decreasing direct ownership by 11% to 366,324 units (SEC Form 4) to cover taxes
- Director Bobek Therese M was granted 100 units of Phantom Stock (SEC Form 4)
- Director Schwabero Mark D was granted 168 units of Phantom Stock (SEC Form 4)
- Director Cadwallader Brian J was granted 168 units of Phantom Stock (SEC Form 4)
- Director Lindsey Mary A was granted 112 units of Phantom Stock (SEC Form 4)