Flex (NASDAQ:FLEX – Get Free Report) and Ionix Technology (OTCMKTS:IINX – Get Free Report) are both computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their earnings, risk, dividends, profitability, analyst recommendations, institutional ownership and valuation.
Valuation and Earnings
This table compares Flex and Ionix Technology’s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Flex | $30.34 billion | 0.39 | $793.00 million | $1.72 | 15.32 |
| Ionix Technology | N/A | N/A | N/A | N/A | N/A |
Flex has higher revenue and earnings than Ionix Technology.
Analyst Ratings
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Flex | 0 | 0 | 3 | 0 | 3.00 |
| Ionix Technology | 0 | 0 | 0 | 0 | N/A |
Flex currently has a consensus price target of $32.00, suggesting a potential upside of 21.44%. Given Flex’s higher possible upside, equities analysts plainly believe Flex is more favorable than Ionix Technology.
Profitability
This table compares Flex and Ionix Technology’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Flex | 2.60% | 17.98% | 4.33% |
| Ionix Technology | N/A | N/A | N/A |
Insider & Institutional Ownership
95.3% of Flex shares are held by institutional investors. 0.6% of Flex shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Summary
Flex beats Ionix Technology on 8 of the 8 factors compared between the two stocks.
About Flex
Flex Ltd. provides technology, supply chain, and manufacturing solutions in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devices. Its FRS segment provides complex ramps with specialized production models and critical environments, which comprise automotive including next generation mobility, autonomous, connectivity, electrification, and smart technologies; health solutions, such as medical devices, medical equipment, and drug delivery; and industrial solutions including capital equipment, industrial devices, and renewables and grid edge. The Nextracker segment offers solar tracker and software solutions, which are used in utility-scale and ground-mounted distributed generation solar projects. In addition, it provides a broad array of services including design and engineering, component services, rapid prototyping, fulfillment, and circular economy solutions. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1969 and is headquartered in Singapore.
About Ionix Technology
Ionix Technology, Inc., together with its subsidiaries, engages in the research and development, manufacture, and marketing of liquid crystal materials, displays, and modules in the United States, Hong Kong, and the People's Republic of China. It operates through three segments: Smart Energy, Photoelectric Display, and Service Contracts. The company provides electronic equipment, such as power banks for iphone, ipad, mp3/mp4 players, PSP gaming systems, and cameras; and liquid crystal module and liquid crystal display screens for video capable baby monitors, tablets and cell phones, and televisions or computer monitors. It distributes its products to distributors and retailers. The company was formerly known as Cambridge Projects Inc. and changed its name to Ionix Technology, Inc. in February 2016. Ionix Technology, Inc. was incorporated in 2011 and is based in Dalian, China. Ionix Technology, Inc. is a subsidiary of Shining Glory Investments Limited.
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