Overview Dividends

(FN) Fabrinet - Ratings and Ratios

Exchange: NYSE • Country: Cayman Islands • Currency: USD • Type: Common Stock • ISIN: KYG3323L1005

Optical Components, Transceivers, Lasers, Sensors, Optical Substrates

Electronic Manufacturing Services
Market Cap in USD: 13,989m

IPO / Inception: 2010-06-25
Return 12m vs S&P 500: 66.5%

EPS (Earnings per Share)

EPS CAGR: 19.44%
EPS Trend: 95.3%

Last SUE: 1.09
Qual. Beats: 1

Revenue

Rev. CAGR: 15.67%
Rev. Trend: 98.1%

Last SUE: 4.00
Qual. Beats: 4

Dividends

Currently no dividends paid

Risk via 10d forecast
Volatility	64.7%
Value at Risk 5%th	92.3%
Relative Tail Risk	-13.21%

Reward TTM
Sharpe Ratio	1.35
Alpha	70.08
CAGR/Max DD	1.34

Character TTM
Hurst Exponent	0.459
Beta	1.819
Beta Downside	1.763

Drawdowns 3y
Max DD	37.47%
Mean DD	11.31%
Median DD	9.80%

Description: FN Fabrinet October 31, 2025

Fabrinet (NYSE:FN) is a contract manufacturer that specializes in high-precision optical, electro-mechanical, and electronic assemblies for customers across North America, Asia-Pacific, and Europe. Its service portfolio spans design-for-manufacturing, supply-chain management, PCB assembly, advanced packaging, integration, final testing, and delivery of complex optical components such as reconfigurable optical add-drop multiplexers (ROADMs), amplifiers, modulators, transceivers, tunable lasers, active optical cables, and a range of lasers and sensors for telecom, data-center, automotive, medical, and industrial applications.

Key quantitative touchpoints (FY 2023): revenue of roughly $1.1 billion, gross margin hovering near 30 %, and a backlog that grew ~12 % YoY, driven largely by rising demand for data-center interconnects and 5G-enabled transport networks. The global optical components market is projected to expand at a CAGR of ~7 % through 2029, while semiconductor-related CAPEX in the U.S. and Europe remains a primary macro driver for Fabrinet’s high-mix, high-value contracts. A notable risk is the ongoing semiconductor supply-chain tightening, which can compress lead times and pressure pricing for custom optical modules.

If you want a deeper, data-rich assessment of Fabrinet’s valuation dynamics, the ValueRay platform offers granular financial models and scenario analyses that can help you test the sensitivity of these drivers.

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (348.1m TTM) > 0 and > 6% of Revenue (6% = 215.6m TTM)

FCFTA 0.07 (>2.0%) and ΔFCFTA -5.38pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 46.02% (prev 51.07%; Δ -5.05pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.12 (>3.0%) and CFO 347.8m <= Net Income 348.1m (YES >=105%, WARN >=100%)

Net Debt (-299.8m) to EBITDA (431.4m) ratio: -0.70 <= 3.0 (WARN <= 3.5)

Current Ratio 2.83 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (36.1m) change vs 12m ago -0.85% (target <= -2.0% for YES)

Gross Margin 11.99% (prev 12.35%; Δ -0.36pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 131.9% (prev 123.1%; Δ 8.84pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

error: Interest Coverage Ratio cannot be calculated (needs EBITDA TTM and Interest Expense TTM)

Altman Z'' 9.34

(A) 0.55 = (Total Current Assets 2.56b - Total Current Liabilities 905.5m) / Total Assets 3.01b

(B) 0.73 = Retained Earnings (Balance) 2.19b / Total Assets 3.01b

(D) 2.32 = Book Value of Equity 2.20b / Total Liabilities 947.6m

Total Rating: 9.34 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 77.19

1. Piotroski 4.50pt

2. FCF Yield 1.54%

3. FCF Margin 5.60%

4. Debt/Equity 0.00

5. Debt/Ebitda -0.70

6. ROIC - WACC (= 5.53)%

7. RoE 17.87%

8. Rev. Trend 98.06%

9. EPS Trend 95.27%

What is the price of FN shares?

As of November 28, 2025, the stock is trading at USD 449.06 with a total of 817,800 shares traded.
Over the past week, the price has changed by +7.77%, over one month by +6.01%, over three months by +35.81% and over the past year by +90.68%.

Is FN a buy, sell or hold?

Fabrinet has received a consensus analysts rating of 3.89. Therefore, it is recommended to buy FN.

Strong Buy: 3
Buy: 2
Hold: 4
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the FN price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	479.3	6.7%
Analysts Target Price	479.3	6.7%
ValueRay Target Price	680.5	51.5%

FN Fundamental Data Overview November 25, 2025

Market Cap USD = 13.99b (13.99b USD * 1.0 USD.USD)
P/E Trailing = 40.3368
P/S = 3.8932
P/B = 6.787
P/EG = 1.19
Beta = 1.05
Revenue TTM = 3.59b USD
EBIT TTM = 375.9m USD
EBITDA TTM = 431.4m USD
Long Term Debt = 5.16m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 1.86m USD (from shortTermDebt, last quarter)
Debt = 5.16m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -299.8m USD (from netDebt column, last quarter)
Enterprise Value = 13.03b USD (13.99b + Debt 5.16m - CCE 968.8m)
Interest Coverage Ratio = unknown (Ebit TTM 375.9m / Interest Expense TTM 0.0)
FCF Yield = 1.54% (FCF TTM 201.1m / Enterprise Value 13.03b)
FCF Margin = 5.60% (FCF TTM 201.1m / Revenue TTM 3.59b)
Net Margin = 9.69% (Net Income TTM 348.1m / Revenue TTM 3.59b)
Gross Margin = 11.99% ((Revenue TTM 3.59b - Cost of Revenue TTM 3.16b) / Revenue TTM)
Gross Margin QoQ = 11.90% (prev 12.23%)
Tobins Q-Ratio = 4.33 (Enterprise Value 13.03b / Total Assets 3.01b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 5.16m)
Taxrate = 5.42% (5.50m / 101.4m)
NOPAT = 355.5m (EBIT 375.9m * (1 - 5.42%))
Current Ratio = 2.83 (Total Current Assets 2.56b / Total Current Liabilities 905.5m)
Debt / Equity = 0.00 (Debt 5.16m / totalStockholderEquity, last quarter 2.06b)
Debt / EBITDA = -0.70 (Net Debt -299.8m / EBITDA 431.4m)
Debt / FCF = -1.49 (Net Debt -299.8m / FCF TTM 201.1m)
Total Stockholder Equity = 1.95b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.57% (Net Income 348.1m / Total Assets 3.01b)
RoE = 17.87% (Net Income TTM 348.1m / Total Stockholder Equity 1.95b)
RoCE = 19.24% (EBIT 375.9m / Capital Employed (Equity 1.95b + L.T.Debt 5.16m))
RoIC = 18.24% (NOPAT 355.5m / Invested Capital 1.95b)
WACC = 12.72% (E(13.99b)/V(13.99b) * Re(12.72%) + D(5.16m)/V(13.99b) * Rd(0.0%) * (1-Tc(0.05)))
Discount Rate = 12.72% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.74%
[DCF Debug] Terminal Value 67.73% ; FCFE base≈238.4m ; Y1≈294.1m ; Y5≈501.7m
Fair Price DCF = 120.4 (DCF Value 4.31b / Shares Outstanding 35.8m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 95.27 | EPS CAGR: 19.44% | SUE: 1.09 | # QB: 1
Revenue Correlation: 98.06 | Revenue CAGR: 15.67% | SUE: 4.0 | # QB: 4

Additional Sources for FN Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle