WallStSmart

Arm Holdings plc American Depositary Shares (ARM)vsFlex Ltd (FLEX)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Flex Ltd generates 475% more annual revenue ($26.83B vs $4.67B). ARM leads profitability with a 17.2% profit margin vs 3.2%. FLEX appears more attractively valued with a PEG of 0.94. ARM earns a higher WallStSmart Score of 63/100 (C+).

ARM

Buy

63

out of 100

Grade: C+

Growth: 9.3Profit: 7.5Value: 3.7Quality: 7.8
Piotroski: 4/9Altman Z: 3.93

FLEX

Buy

60

out of 100

Grade: C

Growth: 6.0Profit: 6.0Value: 5.3Quality: 6.0
Piotroski: 6/9Altman Z: 2.31
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for ARM.

FLEXUndervalued (+3.5%)

Margin of Safety

+3.5%

Fair Value

$67.21

Current Price

$145.07

$77.86 discount

UndervaluedFair: $67.21Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ARM5 strengths · Avg: 8.8/10
Market CapQuality
$226.92B10/10

Mega-cap, among the largest globally

Altman Z-ScoreHealth
3.9310/10

Safe zone — low bankruptcy risk

Operating MarginProfitability
29.6%8/10

Strong operational efficiency at 29.6%

Revenue GrowthGrowth
20.1%8/10

Revenue surging 20.1% year-over-year

EPS GrowthGrowth
45.7%8/10

Earnings expanding 45.7% YoY

FLEX3 strengths · Avg: 8.3/10
Market CapQuality
$53.34B9/10

Large-cap with strong market position

PEG RatioValuation
0.948/10

Growing faster than its price suggests

Revenue GrowthGrowth
16.9%8/10

16.9% revenue growth

Areas to Watch

ARM3 concerns · Avg: 2.7/10
PEG RatioValuation
2.394/10

Expensive relative to growth rate

P/E RatioValuation
250.9x2/10

Premium valuation, high expectations priced in

Price/BookValuation
29.0x2/10

Trading at 29.0x book value

FLEX4 concerns · Avg: 3.0/10
Price/BookValuation
10.4x4/10

Trading at 10.4x book value

Profit MarginProfitability
3.2%3/10

3.2% margin — thin

Debt/EquityHealth
1.093/10

Elevated debt levels

P/E RatioValuation
62.0x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : ARM

The strongest argument for ARM centers on Market Cap, Altman Z-Score, Operating Margin. Profitability is solid with margins at 17.2% and operating margin at 29.6%. Revenue growth of 20.1% demonstrates continued momentum.

Bull Case : FLEX

The strongest argument for FLEX centers on Market Cap, PEG Ratio, Revenue Growth. Revenue growth of 16.9% demonstrates continued momentum. PEG of 0.94 suggests the stock is reasonably priced for its growth.

Bear Case : ARM

The primary concerns for ARM are PEG Ratio, P/E Ratio, Price/Book. A P/E of 250.9x leaves little room for execution misses.

Bear Case : FLEX

The primary concerns for FLEX are Price/Book, Profit Margin, Debt/Equity. A P/E of 62.0x leaves little room for execution misses. Thin 3.2% margins leave little buffer for downturns.

Key Dynamics to Monitor

ARM carries more volatility with a beta of 3.41 — expect wider price swings.

ARM is growing revenue faster at 20.1% — sustainability is the question.

FLEX generates stronger free cash flow (211M), providing more financial flexibility.

Monitor SEMICONDUCTORS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

ARM scores higher overall (63/100 vs 60/100), backed by strong 17.2% margins and 20.1% revenue growth. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Arm Holdings plc American Depositary Shares

TECHNOLOGY · SEMICONDUCTORS · USA

Arm Holdings plc architects, develops, and licenses central processing unit products and related technologies for semiconductor companies and original equipment manufacturers rely on to develop products.

Flex Ltd

TECHNOLOGY · ELECTRONIC COMPONENTS · USA

Flex Ltd. provides design, engineering, manufacturing and supply chain services and solutions to OEMs in Asia, the Americas and Europe. The company is headquartered in Singapore.

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