EW vs FLEX

Comparison between Edwards Lifesciences Corp (EW, Company) and Flex Ltd (FLEX, Company).

EW is from the Healthcare sector, while FLEX is from the Technology sector.

5-Year PerformanceFLEX has outperformed EW, delivering a return of +67.2% compared to -1.9%

EW vs FLEX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EW(COMPANY)	FLEX(COMPANY)
Market Cap	$48B	$48B
Max Drawdown	54.32%	96.37%
Sharpe Ratio	0.47	2.19
5Y Beta	0.59	1.82
Industry	Medical Devices	Electronic Components
P/E Ratio	44.02	55.24
Forward P/E	27.62	28.33
PEG Ratio	1.98	5.66
5Y EPS CAGR	6.66%	14.05%
Debt to Equity	5.80%	72.92%
Free Cash Flow Yield	2.28%	2.19%
P/S Ratio	7.58	1.80
P/B Ratio	4.58	9.03

Market Cap

$48B

Winner

FLEX

$48B

Max Drawdown

Winner

54.32%

FLEX

96.37%

Sharpe Ratio

0.47

Winner

FLEX

2.19

5Y Beta

Winner

0.59

FLEX

1.82

Industry

Medical Devices

FLEX

Electronic Components

P/E Ratio

Winner

44.02

FLEX

55.24

Forward P/E

Winner

27.62

FLEX

28.33

PEG Ratio

Winner

1.98

FLEX

5.66

5Y EPS CAGR

6.66%

Winner

FLEX

14.05%

Debt to Equity

Winner

5.80%

FLEX

72.92%

Free Cash Flow Yield

Winner

2.28%

FLEX

2.19%

P/S Ratio

7.58

Winner

FLEX

1.80

P/B Ratio

Winner

4.58

FLEX

9.03

EW vs FLEX - Historical Returns

Returns include dividend reinvestment.

Period	EW	FLEX
1 month	+5.21%	+55.08%
3 months	+4.05%	+109.27%
6 months	+0.76%	+139.59%
1 year	+14.69%	+219.67%
5 years(CAGR)	-1.85%	+67.20%
10 years(CAGR)	+9.92%	+34.19%
Max(CAGR)	+17.12%	+10.24%

+5.21%

Winner

FLEX

+55.08%

+4.05%

Winner

FLEX

+109.27%

+0.76%

Winner

FLEX

+139.59%

+14.69%

Winner

FLEX

+219.67%

5Y(CAGR)

-1.85%

Winner

FLEX

+67.20%

10Y(CAGR)

+9.92%

Winner

FLEX

+34.19%

Max(CAGR)

Winner

+17.12%

FLEX

+10.24%

EW vs FLEX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EW	FLEX
2026	+0.53%	+108.02%
2025	+17.44%	+56.45%
2024	-2.04%	+125.22%
2023	+2.67%	+41.28%
2022	-41.87%	+15.50%
2021	+45.69%	+2.52%
2020	+17.72%	+40.69%
2019	+56.32%	+59.95%
2018	+37.27%	-58.26%
2017	+18.00%	+24.93%
2016	+18.85%	+29.40%
2015	+23.68%	+0.99%
2014	+93.23%	+45.01%
2013	-28.63%	+21.79%
2012	+25.24%	+6.52%
2011	-10.79%	-29.60%
2010	+84.84%	+6.66%
2009	+55.12%	+158.31%
2008	+21.57%	-78.03%
2007	-4.07%	+5.88%
2006	+13.62%	+10.17%
2005	+2.11%	-22.67%
2004	+37.81%	-8.17%
2003	+17.59%	+61.75%
2002	-7.04%	-67.23%
2001	+58.98%	-0.58%
2000	+7.58%	+25.97%
1999	N/A	+29.87%

EW vs FLEX Drawdown Comparison

The maximum drawdown for EW was -54.32%, occurring on Jul 25, 2024. This drawdown has not yet recovered.

The maximum drawdown for FLEX was -96.37%, occurring on Nov 20, 2008. Recovery took 5887 trading sessions.

The current EW drawdown is -34.36%. The current FLEX drawdown is -8.69%.

Rank	EW	FLEX
#1	-54.32% Dec 30, 2021 - Jul 25, 2024	-96.37% Sep 6, 2000 - Feb 1, 2024
#2	-50.48% Aug 31, 2000 - Jun 29, 2001	-40.73% Mar 28, 2000 - Jul 13, 2000
#3	-44.02% Oct 4, 2012 - Oct 24, 2014	-39.99% Jan 22, 2025 - Jun 17, 2025
#4	-37.11% Feb 11, 2002 - May 7, 2003	-18.38% Dec 10, 2025 - Apr 8, 2026
#5	-36.15% Nov 27, 2019 - Aug 27, 2020	-17.54% Oct 29, 2025 - Dec 8, 2025
#6	-32.87% Oct 10, 2016 - Jan 18, 2018	-17.36% Jul 17, 2000 - Sep 5, 2000
#7	-31.99% Jul 18, 2008 - Jun 2, 2009	-16.81% May 30, 2024 - Sep 26, 2024
#8	-31.59% Mar 9, 2011 - Jun 14, 2012	-14.85% Mar 10, 2000 - Mar 24, 2000
#9	-24.41% Jul 13, 2001 - Dec 17, 2001	-14.24% Jan 24, 2000 - Feb 9, 2000
#10	-20.03% Sep 28, 2018 - Feb 12, 2019	-14.03% Mar 6, 2024 - May 22, 2024
#11	-19.56% Jul 2, 2003 - Jan 16, 2004	-12.95% May 11, 2026 - May 19, 2026
#12	-19.28% Apr 16, 2007 - Apr 23, 2008	-12.50% Feb 9, 2000 - Feb 23, 2000
#13	-18.01% Sep 2, 2020 - Dec 22, 2020	-11.78% Dec 13, 1999 - Jan 14, 2000
#14	-17.82% Mar 27, 2000 - May 25, 2000	-9.44% Nov 22, 2024 - Jan 15, 2025
#15	-16.84% Mar 19, 2015 - Jul 13, 2015	-8.92% Jul 23, 2025 - Aug 28, 2025