FLEX vs HEI

Comparison between Flex Ltd (FLEX, Company) and Heico Corp (HEI, Company).

FLEX is from the Technology sector, while HEI is from the Industrials sector.

5-Year PerformanceFLEX has outperformed HEI, delivering a return of +69.2% compared to +19.9%

FLEX vs HEI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FLEX(COMPANY)	HEI(COMPANY)
Market Cap	$49B	$49B
Max Drawdown	96.37%	63.95%
Sharpe Ratio	1.80	0.36
5Y Beta	1.89	0.83
Industry	Electronic Components	Aerospace & Defense
P/E Ratio	56.02	41.66
Forward P/E	29.59	52.08
PEG Ratio	0.16	1.33
Dividend Yield	N/A	0.07%
5Y Dividends CAGR	N/A	16.83%
5Y EPS CAGR	14.05%	20.50%
Debt to Equity	72.92%	0.07%
Free Cash Flow Yield	2.16%	1.94%
P/S Ratio	1.75	9.89
P/B Ratio	9.75	10.60

Market Cap

Winner

FLEX

$49B

HEI

$49B

Max Drawdown

FLEX

96.37%

Winner

HEI

63.95%

Sharpe Ratio

Winner

FLEX

1.80

HEI

0.36

5Y Beta

FLEX

1.89

Winner

HEI

0.83

Industry

FLEX

Electronic Components

HEI

Aerospace & Defense

P/E Ratio

FLEX

56.02

Winner

HEI

41.66

Forward P/E

Winner

FLEX

29.59

HEI

52.08

PEG Ratio

Winner

FLEX

0.16

HEI

1.33

Dividend Yield

FLEX

N/A

HEI

0.07%

5Y Dividends CAGR

FLEX

N/A

HEI

16.83%

5Y EPS CAGR

FLEX

14.05%

Winner

HEI

20.50%

Debt to Equity

FLEX

72.92%

Winner

HEI

0.07%

Free Cash Flow Yield

Winner

FLEX

2.16%

HEI

1.94%

P/S Ratio

Winner

FLEX

1.75

HEI

9.89

P/B Ratio

Winner

FLEX

9.75

HEI

10.60

FLEX vs HEI - Historical Returns

Returns include dividend reinvestment.

Period	FLEX	HEI
1 month	-2.65%	+9.40%
3 months	+76.96%	+21.39%
6 months	+120.81%	-0.72%
1 year	+161.51%	+12.70%
5 years(CAGR)	+69.18%	+19.91%
10 years(CAGR)	+34.25%	+26.44%
Max(CAGR)	+10.29%	+19.27%

FLEX

-2.65%

Winner

HEI

+9.40%

Winner

FLEX

+76.96%

HEI

+21.39%

Winner

FLEX

+120.81%

HEI

-0.72%

Winner

FLEX

+161.51%

HEI

+12.70%

5Y(CAGR)

Winner

FLEX

+69.18%

HEI

+19.91%

10Y(CAGR)

Winner

FLEX

+34.25%

HEI

+26.44%

Max(CAGR)

FLEX

+10.29%

Winner

HEI

+19.27%

FLEX vs HEI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FLEX	HEI
2026	+113.25%	+6.63%
2025	+56.45%	+36.54%
2024	+125.22%	+33.81%
2023	+41.28%	+17.80%
2022	+15.50%	+7.26%
2021	+2.52%	+13.15%
2020	+40.69%	+10.69%
2019	+59.95%	+50.39%
2018	-58.26%	+29.47%
2017	+24.93%	+51.47%
2016	+29.40%	+42.89%
2015	+0.99%	-6.45%
2014	+45.01%	+7.34%
2013	+21.79%	+28.24%
2012	+6.52%	+4.97%
2011	-29.60%	+40.48%
2010	+6.66%	+42.72%
2009	+158.31%	+11.59%
2008	-78.03%	-28.22%
2007	+5.88%	+41.31%
2006	+10.17%	+49.61%
2005	-22.67%	+19.09%
2004	-8.17%	+35.95%
2003	+61.75%	+68.47%
2002	-67.23%	-29.96%
2001	-0.58%	+8.15%
2000	+25.97%	-25.60%
1999	+29.87%	+26.43%

FLEX vs HEI Drawdown Comparison

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

The maximum drawdown for HEI was -63.74%, occurring on Apr 30, 2003. Recovery took 779 trading sessions.

The current FLEX drawdown is -16.21%. The current HEI drawdown is -3.94%.

Rank	FLEX	HEI
#1	-96.37% Sep 6, 2000 - Feb 1, 2024	-63.74% Aug 24, 2001 - Oct 5, 2004
#2	-40.73% Mar 28, 2000 - Jul 13, 2000	-61.37% Dec 26, 2007 - Sep 20, 2010
#3	-39.99% Jan 22, 2025 - Jun 17, 2025	-57.72% Aug 29, 2019 - Jun 4, 2021
#4	-18.85% Jun 30, 2026 - Jul 7, 2026	-47.34% Dec 27, 1999 - Aug 23, 2001
#5	-18.38% Dec 10, 2025 - Apr 8, 2026	-32.38% Sep 24, 2013 - Jul 27, 2016
#6	-17.54% Oct 29, 2025 - Dec 8, 2025	-29.58% Nov 15, 2011 - Jan 2, 2013
#7	-17.36% Jul 17, 2000 - Sep 5, 2000	-28.37% Jul 8, 2011 - Oct 27, 2011
#8	-16.81% May 30, 2024 - Sep 26, 2024	-27.11% Jan 15, 2026 - Jul 1, 2026
#9	-14.85% Mar 10, 2000 - Mar 24, 2000	-23.46% Sep 14, 2018 - Feb 22, 2019
#10	-14.24% Jan 24, 2000 - Feb 9, 2000	-22.64% May 4, 2006 - Oct 5, 2006
#11	-14.03% Mar 6, 2024 - May 22, 2024	-21.26% Nov 22, 2024 - May 19, 2025
#12	-13.86% Jun 3, 2026 - Jun 30, 2026	-20.77% Dec 29, 2004 - Jun 28, 2005
#13	-12.95% May 11, 2026 - May 27, 2026	-18.84% Apr 4, 2022 - Jul 29, 2022
#14	-12.50% Feb 9, 2000 - Feb 23, 2000	-17.20% Nov 2, 1999 - Nov 22, 1999
#15	-11.78% Dec 13, 1999 - Jan 14, 2000	-16.93% Jun 8, 2021 - Nov 9, 2021

Correlation

Correlation between FLEX and HEI is 0.73 which considered as a strong positive correlation - the stocks tend to move together.

0.73

-101

Dividend Comparison (2000 - 2026)

FLEX vs HEI dividend yield comparison.

Year	FLEX	HEI
2026	0.00%	0.07%
2025	0.00%	0.07%
2024	21.00%	0.09%
2023	0.00%	0.11%
2022	0.00%	0.12%
2021	0.00%	0.12%
2020	0.00%	0.12%
2019	0.00%	0.12%
2018	0.00%	0.14%
2017	0.00%	0.08%
2016	0.00%	0.22%
2015	0.00%	0.28%
2014	0.00%	0.73%
2013	0.00%	0.83%
2012	0.00%	7.84%
2011	0.00%	0.18%
2010	0.00%	0.21%
2009	0.00%	0.27%
2008	0.00%	0.26%
2007	0.00%	0.15%
2006	0.00%	0.21%
2005	0.00%	0.19%
2004	0.00%	0.22%
2003	0.00%	0.27%
2002	0.00%	0.47%
2001	0.00%	0.30%
2000	0.00%	0.26%