Flex (FLEX) vs Nova (NVMI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Flex (FLEX) has outperformed Nova (NVMI) over the past year, gaining 108.5% versus a gain of 20.7%. Over five years, FLEX leads with a +731.7% price change compared with +263.8% for NVMI. Flex is the larger company by market cap ($44.09 billion vs $12.02 billion), about 3.7 times the size, while Nova is growing revenue faster (+31.0% vs +8.1%).
On valuation, Flex trades at a lower forward P/E (16.9x vs 27.7x for Nova). Nova converts more of its revenue into profit, with a net margin of 29.4% versus 3.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FLEX | NVMI |
|---|---|---|
| Share price | $119.34 | $377.77 |
| Market cap | $44.09B | $12.02B |
| 1-day change | -1.68% | -4.24% |
| YTD return | +97.52% | +15.04% |
| 1-year return | +108.45% | +20.74% |
| 5-year return | +731.74% | +263.84% |
| P/E ratio (TTM) | 46.08 | 47.22 |
| Forward P/E | 16.91 | 27.65 |
| EPS (TTM) | $2.59 | $8.00 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $27.91B | $880.58M |
| Revenue growth (YoY) | +8.14% | +30.96% |
| Net income (latest FY) | $880.00M | $259.22M |
| Gross margin | 9.20% | 57.37% |
| Operating margin | 4.90% | 28.78% |
| Net margin | 3.15% | 29.44% |
| 52-week high | $166.86 | $615.99 |
| 52-week low | $53.07 | $266.43 |
| Distance from 52-week high | -28.48% | -38.67% |
| Analyst consensus | strong_buy | strong_buy |
| Avg. price target upside | +34.49% | +40.83% |
| Average volume | 3.65M | 520.98K |
| Shares outstanding | 369.46M | 31.81M |
| Employees | 149,686 | 1,612 |
| Sector | Technology | Technology |
| Industry | Electrical Products | Electronic Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Flex is about 3.7 times larger than Nova by market value ($44.09B vs $12.02B).
- FLEX has outperformed NVMI by 87.7 percentage points over the past year.
- Nova is more profitable, keeping 29.4 cents of every revenue dollar as net income versus 3.2 cents for Flex.
- Nova grew revenue faster in its latest fiscal year (+30.96% vs +8.14%).
About Flex
FLEX stock →Flex Ltd. provides technology innovation, supply chain, and manufacturing solutions to data center, communications, enterprise, consumer, automotive, healthcare, industrial, and power industries in the Americas, Asia, and Europe.
Technology · Electrical Products · 149,686 employees
About Nova
NVMI stock →Nova Ltd. engages in the design, development, production, and sale of process control systems used in the manufacture of semiconductors in Taiwan, the United States, China, Korea, and internationally.
Technology · Electronic Components · 1,612 employees
FLEX vs NVMI FAQ
Which is bigger, Flex or Nova?
Flex (FLEX) is larger, with a market capitalization of $44.09B compared with $12.02B for Nova (NVMI).
Which stock has performed better over the past year, FLEX or NVMI?
FLEX returned +108.45% over the past 12 months, compared with +20.74% for NVMI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FLEX or NVMI?
FLEX has the lower trailing P/E at 46.1, versus 47.2 for NVMI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Flex and Nova in the same industry?
Both are in the Technology sector, but in different industries: Electrical Products for Flex and Electronic Components for Nova.