FABRINET (FN) Stock Fundamental Analysis
NYSE:FN - New York Stock Exchange, Inc. - KYG3323L1005 - Common Stock - Currency: USD
FN gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. FN gets an excellent profitability rating and is at the same time showing great financial health properties. FN is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make FN suitable for growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year FN was profitable.
In the past year FN had a positive cash flow from operations.
In the past 5 years FN has always been profitable.
In the past 5 years FN always reported a positive cash flow from operatings.
1.2 Ratios
FN's Return On Assets of 12.82% is amongst the best of the industry. FN outperforms 94.17% of its industry peers.
Looking at the Return On Equity, with a value of 17.69%, FN belongs to the top of the industry, outperforming 88.33% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 12.67%, FN belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FN is above the industry average of 8.97%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.82% | ||
| ROE | 17.69% | ||
| ROIC | 12.67% |
ROA(3y)12.04%
ROA(5y)10.7%
ROE(3y)16.61%
ROE(5y)14.96%
ROIC(3y)12.81%
ROIC(5y)11.49%
1.3 Margins
FN has a Profit Margin of 10.44%. This is amongst the best in the industry. FN outperforms 84.17% of its industry peers.
FN's Profit Margin has improved in the last couple of years.
FN has a Operating Margin of 9.65%. This is in the better half of the industry: FN outperforms 80.00% of its industry peers.
In the last couple of years the Operating Margin of FN has grown nicely.
Looking at the Gross Margin, with a value of 12.27%, FN is doing worse than 74.17% of the companies in the same industry.
FN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.65% | ||
| PM (TTM) | 10.44% | ||
| GM | 12.27% |
OM growth 3Y6.27%
OM growth 5Y4.22%
PM growth 3Y9.19%
PM growth 5Y6.11%
GM growth 3Y1.59%
GM growth 5Y1.78%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FN is creating some value.
FN has about the same amout of shares outstanding than it did 1 year ago.
FN has less shares outstanding than it did 5 years ago.
There is no outstanding debt for FN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
FN has an Altman-Z score of 9.97. This indicates that FN is financially healthy and has little risk of bankruptcy at the moment.
FN's Altman-Z score of 9.97 is amongst the best of the industry. FN outperforms 88.33% of its industry peers.
FN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 9.97 |
ROIC/WACC1.39
WACC9.13%
2.3 Liquidity
A Current Ratio of 3.32 indicates that FN has no problem at all paying its short term obligations.
The Current ratio of FN (3.32) is better than 65.00% of its industry peers.
A Quick Ratio of 2.58 indicates that FN has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.58, FN is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.32 | ||
| Quick Ratio | 2.58 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 24.37% over the past year.
FN shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.44% yearly.
FN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.83%.
FN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.72% yearly.
EPS 1Y (TTM)24.37%
EPS 3Y23.89%
EPS 5Y18.44%
EPS Q2Q%25.48%
Revenue 1Y (TTM)14.83%
Revenue growth 3Y15.33%
Revenue growth 5Y12.72%
Sales Q2Q%16.97%
3.2 Future
Based on estimates for the next years, FN will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.69% on average per year.
FN is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.80% yearly.
EPS Next Y17%
EPS Next 2Y14.65%
EPS Next 3Y15.69%
EPS Next 5YN/A
Revenue Next Year17.88%
Revenue Next 2Y15.34%
Revenue Next 3Y15.8%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 21.13 indicates a rather expensive valuation of FN.
FN's Price/Earnings ratio is a bit cheaper when compared to the industry. FN is cheaper than 71.67% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 29.39. FN is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 17.74 indicates a rather expensive valuation of FN.
FN's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. FN is cheaper than 74.17% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 94.38. FN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.13 | ||
| Fwd PE | 17.74 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FN indicates a somewhat cheap valuation: FN is cheaper than 61.67% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FN indicates a somewhat cheap valuation: FN is cheaper than 69.17% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.92 | ||
| EV/EBITDA | 17.57 |
4.3 Compensation for Growth
FN's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
FN has an outstanding profitability rating, which may justify a higher PE ratio.
FN's earnings are expected to grow with 15.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.24
PEG (5Y)1.15
EPS Next 2Y14.65%
EPS Next 3Y15.69%
5. Dividend
5.1 Amount
No dividends for FN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FABRINET
NYSE:FN (2/11/2025, 7:26:57 PM)
After market: 207.09 0 (0%)207.09
-3.8 (-1.8%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners106.26%
Inst Owner Change-19.81%
Ins Owners0.29%
Ins Owner Change0.35%
Market Cap7.51B
Analysts76.25
Price Target270.3 (30.52%)
Short Float %5.74%
Short Ratio3.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.57%
Min EPS beat(2)-2.55%
Max EPS beat(2)1.4%
EPS beat(4)3
Avg EPS beat(4)3.25%
Min EPS beat(4)-2.55%
Max EPS beat(4)9.92%
EPS beat(8)6
Avg EPS beat(8)2.19%
EPS beat(12)8
Avg EPS beat(12)2.31%
EPS beat(16)11
Avg EPS beat(16)2.55%
Revenue beat(2)1
Avg Revenue beat(2)0.37%
Min Revenue beat(2)-0.61%
Max Revenue beat(2)1.35%
Revenue beat(4)1
Avg Revenue beat(4)-0.1%
Min Revenue beat(4)-0.93%
Max Revenue beat(4)1.35%
Revenue beat(8)2
Avg Revenue beat(8)-0.2%
Revenue beat(12)3
Avg Revenue beat(12)-0.65%
Revenue beat(16)6
Avg Revenue beat(16)-0.34%
PT rev (1m)0.27%
PT rev (3m)0.25%
EPS NQ rev (1m)2.35%
EPS NQ rev (3m)8.43%
EPS NY rev (1m)-0.25%
EPS NY rev (3m)1.28%
Revenue NQ rev (1m)3.8%
Revenue NQ rev (3m)7.13%
Revenue NY rev (1m)1.79%
Revenue NY rev (3m)4.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.13 | ||
| Fwd PE | 17.74 | ||
| P/S | 2.41 | ||
| P/FCF | 23.92 | ||
| P/OCF | 19.61 | ||
| P/B | 4.08 | ||
| P/tB | 4.08 | ||
| EV/EBITDA | 17.57 |
EPS(TTM)9.8
EY4.73%
EPS(NY)11.67
Fwd EY5.64%
FCF(TTM)8.66
FCFY4.18%
OCF(TTM)10.56
OCFY5.1%
SpS86.09
BVpS50.81
TBVpS50.76
PEG (NY)1.24
PEG (5Y)1.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.82% | ||
| ROE | 17.69% | ||
| ROCE | 16.03% | ||
| ROIC | 12.67% | ||
| ROICexc | 25.2% | ||
| ROICexgc | 25.25% | ||
| OM | 9.65% | ||
| PM (TTM) | 10.44% | ||
| GM | 12.27% | ||
| FCFM | 10.05% |
ROA(3y)12.04%
ROA(5y)10.7%
ROE(3y)16.61%
ROE(5y)14.96%
ROIC(3y)12.81%
ROIC(5y)11.49%
ROICexc(3y)21.7%
ROICexc(5y)20.16%
ROICexgc(3y)21.77%
ROICexgc(5y)20.26%
ROCE(3y)16.21%
ROCE(5y)14.55%
ROICexcg growth 3Y7.43%
ROICexcg growth 5Y3.89%
ROICexc growth 3Y7.59%
ROICexc growth 5Y4.15%
OM growth 3Y6.27%
OM growth 5Y4.22%
PM growth 3Y9.19%
PM growth 5Y6.11%
GM growth 3Y1.59%
GM growth 5Y1.78%
F-Score6
Asset Turnover1.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 136.37% | ||
| Cap/Sales | 2.21% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 108.84% | ||
| Profit Quality | 96.31% | ||
| Current Ratio | 3.32 | ||
| Quick Ratio | 2.58 | ||
| Altman-Z | 9.97 |
F-Score6
WACC9.13%
ROIC/WACC1.39
Cap/Depr(3y)158.37%
Cap/Depr(5y)147.7%
Cap/Sales(3y)2.68%
Cap/Sales(5y)2.61%
Profit Quality(3y)66.94%
Profit Quality(5y)69.06%
High Growth Momentum
Growth
EPS 1Y (TTM)24.37%
EPS 3Y23.89%
EPS 5Y18.44%
EPS Q2Q%25.48%
EPS Next Y17%
EPS Next 2Y14.65%
EPS Next 3Y15.69%
EPS Next 5YN/A
Revenue 1Y (TTM)14.83%
Revenue growth 3Y15.33%
Revenue growth 5Y12.72%
Sales Q2Q%16.97%
Revenue Next Year17.88%
Revenue Next 2Y15.34%
Revenue Next 3Y15.8%
Revenue Next 5YN/A
EBIT growth 1Y14.51%
EBIT growth 3Y22.56%
EBIT growth 5Y17.47%
EBIT Next Year37.58%
EBIT Next 3Y22.94%
EBIT Next 5YN/A
FCF growth 1Y187%
FCF growth 3Y70.03%
FCF growth 5Y23.2%
OCF growth 1Y123.07%
OCF growth 3Y51.55%
OCF growth 5Y22.89%