(FN) Fabrinet - Overview
Sector: Technology | Industry: Electronic Components | Exchange: NYSE (USA) | Market Cap: 24.940m USD | Total Return: 222.9% in 12m
Optical Transceivers, Lasers, Fiber Components, Sensors, Optical Crystals
Total Rating 71
Safety 75
Buy Signal 1.03
Electronic Components
Industry Rotation: -1.3
Industry Rotation: -1.3
Market Cap:
24.9B
Avg Turnover: 527M
Avg Turnover: 527M
Risk 3d forecast
Volatility80.2%
VaR 5th Pctl12.6%
VaR vs Median-5.90%
Reward TTM
Sharpe Ratio2.11
Rel. Str. IBD95.6
Rel. Str. Peer Group75
Character TTM
Beta2.475
Beta Downside2.078
Hurst Exponent0.392
Drawdowns 3y
Max DD37.47%
CAGR/Max DD2.60
CAGR/Mean DD9.94
EPS (Earnings per Share)
EPS CAGR: 23.61%
EPS Trend: 95.2%
EPS Trend: 95.2%
Last SUE: 1.84
Qual. Beats: 1
Qual. Beats: 1
Revenue
Rev. CAGR: 21.34%
Rev. Trend: 96.0%
Rev. Trend: 96.0%
Last SUE: 1.51
Qual. Beats: 6
Qual. Beats: 6
Warnings
No concerns identified
Tailwinds
Leader, Tailwind, Confidence
Description: FN Fabrinet
Fabrinet (FN) is a contract manufacturer specializing in complex optical packaging and precision electro-mechanical services. The company supports original equipment manufacturers (OEMs) across the optical communications, industrial laser, automotive, and medical device sectors. Its technical capabilities span the entire production lifecycle, from process design and circuit board assembly to final testing of high-velocity components like transceivers and tunable lasers.
The company operates primarily within the Electronic Manufacturing Services (EMS) industry, a sector characterized by outsourced production models that allow OEMs to reduce capital expenditures and focus on R&D. Unlike high-volume consumer electronics assemblers, Fabrinet focuses on low-volume, high-complexity manufacturing, which typically requires specialized cleanroom environments and advanced vacuum-sealing technologies.
Fabrinet’s product portfolio includes reconfigurable optical add-drop multiplexers (ROADMs) and active optical cables essential for high-speed data center interconnects. Beyond telecommunications, the firm fabricates custom glass components and sensors for specialized industrial and medical applications. Investors can find deeper insights into these market segments by exploring the data on ValueRay.
- AI demand fuels high-speed optical transceiver growth for data center connectivity
- Revenue concentration with Nvidia creates significant single-customer dependency risk
- Transition to 800G and 1.6T optical modules expands manufacturing margins
- Global supply chain shifts impact Southeast Asian manufacturing cost efficiencies
- Automotive sensor adoption and industrial laser demand diversify non-optical revenue streams
Piotroski VR‑10 (Strict)
4.5
| Net Income: 418.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -9.11 > 1.0 |
| NWC/Revenue: 42.26% < 20% (prev 48.10%; Δ -5.83% < -1%) |
| CFO/TA 0.07 > 3% & CFO 256.9m > Net Income 418.0m |
| Net Debt (-940.8m) to EBITDA (492.5m): -1.91 < 3 |
| Current Ratio: 2.55 > 1.5 & < 3 |
| Outstanding Shares: last quarter (36.2m) vs 12m ago -0.30% < -2% |
| Gross Margin: 11.96% > 18% (prev 0.12%; Δ 1.18k% > 0.5%) |
| Asset Turnover: 138.2% > 50% (prev 124.6%; Δ 13.64% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBITDA TTM and Interest Expense TTM) |
Altman Z''
8.66
| A: 0.51 (Total Current Assets 2.95b - Total Current Liabilities 1.16b) / Total Assets 3.51b |
| B: 0.69 (Retained Earnings 2.43b / Total Assets 3.51b) |
| C: 0.14 (EBIT TTM 430.8m / Avg Total Assets 3.06b) |
| D: 2.02 (Book Value of Equity 2.43b / Total Liabilities 1.20b) |
| Altman-Z'' Score: 8.66 = AAA |
Beneish M
-2.24
| DSRI: 1.06 (Receivables 908.5m/658.3m, Revenue 4.24b/3.26b) |
| GMI: 1.01 (GM 11.96% / 12.09%) |
| AQI: 1.78 (AQ_t 0.01 / AQ_t-1 0.01) |
| SGI: 1.30 (Revenue 4.24b / 3.26b) |
| TATA: 0.05 (NI 418.0m - CFO 256.9m) / TA 3.51b) |
| Beneish M-Score: -2.24 (Cap -4..+1) = BBB |
What is the price of FN shares?
As of May 16, 2026, the stock is trading at USD 722.04 with a total of 916,782 shares traded.
Over the past week, the price has changed by +16.22%, over one month by +5.28%, over three months by +45.34% and over the past year by +222.94%.
Over the past week, the price has changed by +16.22%, over one month by +5.28%, over three months by +45.34% and over the past year by +222.94%.
Is FN a buy, sell or hold?
Fabrinet has received a consensus analysts rating of 3.89.
Therefore, it is recommended to buy FN.
- StrongBuy: 3
- Buy: 2
- Hold: 4
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the FN price?
| Analysts Target Price | 749.1 | 3.7% |
Fabrinet (FN) - Fundamental Data Overview
as of 15 May 2026
P/E Trailing = 59.9028 P/E Forward = 12.8205
P/S = 5.889
P/B = 9.6586
P/EG = 1.19
Revenue TTM = 4.24b USD
EBIT TTM = 430.8m USD
EBITDA TTM = 492.5m USD
Long Term Debt = 4.42m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 1.46m USD (from shortTermDebt, last quarter)
Debt = 4.42m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -940.8m USD (recalculated: Debt 4.42m - CCE 945.2m)
Enterprise Value = 24.00b USD (24.94b + Debt 4.42m - CCE 945.2m)
Interest Coverage Ratio = unknown (Ebit TTM 430.8m / Interest Expense TTM 0.0)
EV/FCF = 526.5x (Enterprise Value 24.00b / FCF TTM 45.6m)
FCF Yield = 0.19% (FCF TTM 45.6m / Enterprise Value 24.00b)
FCF Margin = 1.08% (FCF TTM 45.6m / Revenue TTM 4.24b)
Net Margin = 9.87% (Net Income TTM 418.0m / Revenue TTM 4.24b)
Gross Margin = 11.96% ((Revenue TTM 4.24b - Cost of Revenue TTM 3.73b) / Revenue TTM)
Gross Margin QoQ = 11.61% (prev 12.15%)
Tobins Q-Ratio = 6.84 (Enterprise Value 24.00b / Total Assets 3.51b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 4.42m)
Taxrate = 6.73% (9.03m / 134.2m)
NOPAT = 401.8m (EBIT 430.8m * (1 - 6.73%))
Current Ratio = 2.55 (Total Current Assets 2.95b / Total Current Liabilities 1.16b)
Debt / Equity = 0.00 (Debt 4.42m / totalStockholderEquity, last quarter 2.30b)
Debt / EBITDA = -1.91 (Net Debt -940.8m / EBITDA 492.5m)
Debt / FCF = -20.64 (Net Debt -940.8m / FCF TTM 45.6m)
Total Stockholder Equity = 2.13b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.64% (Net Income 418.0m / Total Assets 3.51b)
RoE = 19.60% (Net Income TTM 418.0m / Total Stockholder Equity 2.13b)
RoCE = 20.15% (EBIT 430.8m / Capital Employed (Equity 2.13b + L.T.Debt 4.42m))
RoIC = 18.84% (NOPAT 401.8m / Invested Capital 2.13b)
WACC = 14.69% (E(24.94b)/V(24.94b) * Re(14.69%) + D(4.42m)/V(24.94b) * Rd(0.0%) * (1-Tc(0.07)))
Discount Rate = 14.69% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -73.33 | Cagr: -0.51%
[DCF] Terminal Value 61.82% ; FCFF base≈136.4m ; Y1≈161.3m ; Y5≈249.6m
[DCF] Fair Price = 76.31 (EV 1.79b - Net Debt -940.8m = Equity 2.73b / Shares 35.8m; r=14.69% [WACC]; 5y FCF grow 19.46% → 3.0% )
EPS Correlation: 95.18 | EPS CAGR: 23.61% | SUE: 1.84 | # QB: 1
Revenue Correlation: 96.01 | Revenue CAGR: 21.34% | SUE: 1.51 | # QB: 6
EPS next Quarter (2026-09-30): EPS=3.98 | Chg30d=+2.14% | Revisions=+40% | Analysts=8
EPS current Year (2026-06-30): EPS=13.81 | Chg30d=+1.67% | Revisions=+67% | GrowthEPS=+35.8% | GrowthRev=+34.5%
EPS next Year (2027-06-30): EPS=17.27 | Chg30d=+5.98% | Revisions=+50% | GrowthEPS=+25.1% | GrowthRev=+23.0%
[Analyst] Revisions Ratio: +67%