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FN

FN - Fabrinet Stock Price, Fair Value and News

165.14USD-0.98 (-0.59%)Market Closed

Market Summary

FN
USD165.14-0.98
Market Closed
-0.59%

FN Alerts

  • 1 major insider sales recently.

FN Stock Price

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FN RSI Chart

FN Valuation

Market Cap

6.0B

Price/Earnings (Trailing)

23.57

Price/Sales (Trailing)

2.2

EV/EBITDA

17.65

Price/Free Cashflow

21.53

FN Price/Sales (Trailing)

FN Profitability

Operating Margin

12.54%

EBT Margin

10.06%

Return on Equity

15.78%

Return on Assets

11.92%

Free Cashflow Yield

4.64%

FN Fundamentals

FN Revenue

Revenue (TTM)

2.7B

Rev. Growth (Yr)

6.59%

Rev. Growth (Qtr)

3.97%

FN Earnings

Earnings (TTM)

254.3M

Earnings Growth (Yr)

9.43%

Earnings Growth (Qtr)

6.18%

Breaking Down FN Revenue

Last 7 days

-6.1%

Last 30 days

-16.3%

Last 90 days

-13.2%

Trailing 12 Months

71.3%

How does FN drawdown profile look like?

FN Financial Health

Current Ratio

3.71

FN Investor Care

Buy Backs (1Y)

0.82%

Diluted EPS (TTM)

6.93

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.6B2.6B2.7B2.7B
20222.2B2.3B2.4B2.5B
20211.8B1.9B2.0B2.1B
20201.6B1.6B1.7B1.7B
20191.5B1.6B1.6B1.6B
20181.4B1.4B1.4B1.5B
20171.3B1.4B1.4B1.4B
2016906.8M976.7M1.1B1.2B
2015727.2M773.6M800.7M845.4M
2014677.7M677.9M695.6M705.4M
2013624.4M641.5M654.5M665.6M
2012612.3M564.7M537.0M607.8M
2011663.8M743.6M756.2M668.2M
20100424.5M504.3M584.1M
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Fabrinet

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 07, 2024
kelly thomas f
gifted
-
-
-240
-
Mar 07, 2024
kelly thomas f
sold
-2,221,680
222
-10,000
-
Feb 29, 2024
gill harpal
sold
-4,625,490
215
-21,464
president & coo
Feb 16, 2024
bahrami homa
sold
-911,088
202
-4,500
-
Feb 12, 2024
olson rollance e.
sold
-2,055,200
205
-10,000
-
Dec 12, 2023
kelly thomas f
acquired
-
-
1,282
-
Dec 12, 2023
bahrami homa
acquired
-
-
1,282
-
Dec 12, 2023
mitchell david t.
acquired
-
-
1,282
-
Dec 12, 2023
olson rollance e.
acquired
-
-
1,282
-
Dec 12, 2023
knight darlene s.
acquired
-
-
1,282
-

1–10 of 50

Which funds bought or sold FN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 17, 2024
Portside Wealth Group, LLC
added
6.39
15,504
289,389
0.05%
Apr 16, 2024
Ausbil Investment Management Ltd
added
286
566,427
766,083
0.38%
Apr 16, 2024
CAMPBELL NEWMAN ASSET MANAGEMENT INC
added
2.24
52,355
3,458,310
0.28%
Apr 16, 2024
Sendero Wealth Management, LLC
unchanged
-
-1,597
230,416
0.04%
Apr 16, 2024
Arlington Trust Co LLC
unchanged
-
-29.00
4,158
-%
Apr 16, 2024
Perpetual Ltd
sold off
-100
-1,859,330
-
-%
Apr 16, 2024
MinichMacGregor Wealth Management, LLC
new
-
5,180,740
5,180,740
1.32%
Apr 15, 2024
Legato Capital Management LLC
sold off
-100
-362,579
-
-%
Apr 15, 2024
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC
reduced
-4.87
-40,805
697,295
-%
Apr 15, 2024
Ellsworth Advisors, LLC
sold off
-100
-634,941
-
-%

1–10 of 49

Are Funds Buying or Selling FN?

Are funds buying FN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FN
No. of Funds

Unveiling Fabrinet's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
11.86%
4,309,672
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G
Jan 22, 2024
blackrock inc.
16.1%
5,843,453
SC 13G/A
Feb 09, 2023
vanguard group inc
11.59%
4,240,579
SC 13G/A
Feb 08, 2023
wasatch advisors inc
-
0
SC 13G/A
Jan 26, 2023
blackrock inc.
15.5%
5,683,094
SC 13G/A
Jan 20, 2023
blackrock inc.
15.5%
5,683,094
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 09, 2022
wasatch advisors inc
-
0
SC 13G/A
Jan 27, 2022
blackrock inc.
15.0%
5,570,400
SC 13G/A

Recent SEC filings of Fabrinet

View All Filings
Date Filed Form Type Document
Mar 13, 2024
4
Insider Trading
Mar 11, 2024
4
Insider Trading
Mar 07, 2024
144
Notice of Insider Sale Intent
Mar 01, 2024
4
Insider Trading
Feb 29, 2024
144
Notice of Insider Sale Intent
Feb 27, 2024
UPLOAD
UPLOAD
Feb 23, 2024
CORRESP
CORRESP
Feb 20, 2024
4
Insider Trading
Feb 16, 2024
144
Notice of Insider Sale Intent
Feb 15, 2024
144/A
144/A

Peers (Alternatives to Fabrinet)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.6T
385.7B
-3.29% 0.92%
25.56
6.69
-0.47% 6.03%
66.5B
12.6B
1.74% 42.18%
34.5
5.3
-0.54% 1.35%
28.2B
6.1B
-5.88% 19.40%
32.55
4.65
4.11% 14.65%
26.4B
12.6B
-4.27% -10.29%
43.99
2.1
-11.28% -55.18%
11.6B
29.4B
2.52% 28.51%
15.44
0.4
-1.12% -8.06%
MID-CAP
6.7B
837.5M
-2.29% -20.65%
59.43
8.04
-16.75% -47.46%
6.6B
33.1B
3.71% 3.52%
7.25
0.2
-10.82% -36.63%
5.2B
703.6M
-0.89% 26.62%
56.61
7.45
24.40% 39.25%
4.2B
25.6B
1.02% 8.42%
6.28
0.16
-2.73% -21.96%
2.5B
968.8M
-1.69% 0.99%
26.96
2.59
9.35% 8.73%
SMALL-CAP
1.6B
2.9B
-2.29% 37.71%
19.57
0.57
-8.78% -6.67%
1.1B
2.8B
3.16% 34.12%
16.61
0.38
-1.64% -5.74%
268.4M
1.0B
-18.43% -61.61%
-5.05
0.27
-8.05% -284.36%
25.3M
26.9M
-2.76% -34.57%
18.44
0.92
3.62% -35.71%
14.9K
56.7M
-85.71% -99.91%
0
3e-4
-41.04% -726.48%

Fabrinet News

Latest updates
Defense World • 13 hours ago
Nasdaq • 32 hours ago
MarketBeat • 15 Apr 2024 • 08:21 am
Simply Wall St • 07 Apr 2024 • 12:12 pm
Yahoo Finance • 01 Mar 2024 • 08:00 am
Yahoo Finance • 26 Feb 2024 • 08:00 am

Fabrinet Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue4.0%713685656665669655588564567543510479454437405411426399405399403
Cost Of Revenue3.9%624601574579583573513494497480448423401386358367377353359352358
Gross Profit4.7%88.0084.0082.0086.0085.0083.0075.0071.0069.0064.0061.0057.0053.0050.0047.0044.0049.0046.0047.0047.0046.00
  S&GA Expenses-5.4%19.0020.0020.0018.0019.0021.0019.0017.0018.0021.0017.0019.0017.0017.0018.0017.0017.0016.0014.0014.0013.00
EBITDA Margin1.5%0.12*0.12*0.12*0.11*0.11*0.11*0.11*0.10*0.10*0.10*0.10*0.10*---------
Interest Expenses-20.0%0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.002.002.001.002.00
Income Taxes-25.2%4.005.006.004.001.001.002.003.001.001.00-2.072.001.002.001.001.002.002.001.001.001.00
Earnings Before Taxes3.9%73.0070.0067.0063.0064.0065.0058.0054.0050.0045.0040.0039.0036.0035.0029.0029.0033.0028.0034.0030.0032.00
EBT Margin1.6%0.10*0.10*0.10*0.10*0.10*0.10*0.09*0.09*0.08*0.08*0.08*0.08*---------
Net Income6.2%69.0065.0061.0059.0063.0065.0056.0051.0049.0045.0042.0037.0035.0033.0028.0028.0031.0026.0033.0029.0032.00
Net Income Margin0.7%0.09*0.09*0.09*0.09*0.09*0.09*0.09*0.09*0.08*0.08*0.08*0.08*---------
Free Cashflow-44.3%74.0013453.0017.0031.0050.002.0027.001.004.0030.0027.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets5.6%2,1332,0191,9802,0291,9681,8641,8361,7801,7511,6811,6161,5021,4981,4251,3821,3301,3151,2901,2551,2111,176
  Current Assets6.8%1,8061,6921,6531,7051,6481,5521,5251,4701,4401,3891,3531,2551,2521,1801,1351,0931,0711,0511,024988950
    Cash Equivalents8.3%334308231231251255198269277270303247219189233224220169188166231
  Inventory-5.8%415440520554537528557453485465422353372339310290294322294285278
  Net PPE-0.2%306307310308302295292292291272241229228228228218217212211209212
  Goodwill----------------4.004.004.004.004.004.00
Liabilities6.7%522489511587584562582551552535504428461425408397387399392382374
  Current Liabilities6.9%487455482555550526538503500479444366395355334327313323313306298
  Long Term Debt----3.006.009.0015.0018.0021.0024.0027.0030.0033.0036.0040.0043.0046.0049.0058.00--
    LT Debt, Current-33.3%6.009.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.003.003.003.00
    LT Debt, Non Current----3.006.009.0015.0018.0021.0024.0027.0030.0033.0036.0040.0043.0046.0049.0058.00--
Shareholder's Equity5.3%1,6111,5301,4691,4421,3841,3021,2541,2291,1991,1461,1131,0741,0371,001974933928891863829802
  Retained Earnings4.5%1,5991,5301,4651,4041,3441,2811,2171,1601,1101,0611,016974936901868840812781755722693
  Additional Paid-In Capital3.3%209202207200194188197191186180189183177172176172166160158155152
Shares Outstanding-0.1%36.0036.0036.0037.0037.0037.0036.0037.0037.0037.0037.0037.00---------
Float-----4,700---4,400---2,800---2,300---1,900
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-42.0%84,165145,04971,08837,12244,46660,63416,34950,32920,65736,91142,84138,0026,80834,50646,21251,83849,9632,64741,89036,20634,705
  Share Based Compensation-9.7%6,9817,7336,9106,7196,7757,7236,3475,7236,6869,2926,7206,8645,8516,0273,9026,1186,1885,9953,7844,4243,969
Cashflow From Investing8.1%-48,773-53,080-28,268-48,869-44,94723,367-52,325-29,441-6,242-47,53527,480-12,06834,088-58,434-42,327-23,190-17,40711,676-19,022-92,186-23,460
Cashflow From Financing36.7%-9,624-15,194-41,833-8,106-3,560-27,485-34,730-28,431-7,661-22,112-13,839-5,286-10,562-13,067-3,305-24,234-3,360-4,406-1,160-8,414-331
  Buy Backs-6,372-38,3584,1132044,90031,29124,4264,198-10,5301,238---20,722-----

FN Income Statement

2023-12-29
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Dec. 29, 2023
Dec. 30, 2022
Dec. 29, 2023
Dec. 30, 2022
Income Statement [Abstract]    
Revenues$ 712,694$ 668,656$ 1,398,171$ 1,324,085
Cost of revenues(624,364)(583,441)(1,225,437)(1,156,114)
Gross profit88,33085,215172,734167,971
Selling, general and administrative expenses(19,316)(18,930)(39,745)(39,495)
Operating income69,01466,285132,989128,476
Interest income7,7482,33413,6463,893
Interest expense(36)(389)(81)(780)
Foreign exchange gain (loss), net(3,788)(3,904)(3,373)(1,819)
Other income (expense), net(35)(68)(115)(209)
Income before income taxes72,90364,258143,066129,561
Income tax expense(3,793)(1,101)(8,867)(1,789)
Net income69,11063,157134,199127,772
Other comprehensive income (loss), net of tax:    
Change in net unrealized gain (loss) on available-for-sale securities2,9461,1833,894(278)
Change in net unrealized gain (loss) on derivative instruments8,95111,1888,3909,970
Change in net retirement benefits plan – prior service cost857134225
Change in foreign currency translation adjustment(206)(84)(106)162
Total other comprehensive income (loss), net of tax11,69912,34412,31210,079
Net comprehensive income$ 80,809$ 75,501$ 146,511$ 137,851
Earnings per share    
Basic (in USD per share)$ 1.90$ 1.73$ 3.70$ 3.50
Diluted (in USD per share)$ 1.89$ 1.71$ 3.67$ 3.47
Weighted-average number of ordinary shares outstanding (thousands of shares)    
Basic (in shares)36,32836,58936,29236,558
Diluted (in shares)36,63936,93936,56036,848

FN Balance Sheet

2023-12-29
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Dec. 29, 2023
Jun. 30, 2023
Current assets  
Cash and cash equivalents$ 334,053$ 231,368
Short-term investments406,540319,100
Trade accounts receivable, net of allowance for expected credit losses of $2,741 and $965, respectively584,614531,767
Inventories414,758519,576
Prepaid expenses5,9527,849
Other current assets60,44642,880
Total current assets1,806,3631,652,540
Non-current assets  
Property, plant and equipment, net306,019310,350
Intangibles, net2,5492,394
Operating right-of-use assets5,7671,634
Deferred tax assets11,80412,095
Other non-current assets636635
Total non-current assets326,775327,108
Total Assets2,133,1381,979,648
Current liabilities  
Long-term borrowings, current portion, net6,07812,156
Trade accounts payable376,556381,129
Fixed assets payable12,98313,526
Operating lease liabilities, current portion1,4251,201
Income tax payable7,5816,024
Accrued payroll, bonus and related expenses20,17423,748
Accrued expenses16,11920,447
Other payables45,86123,654
Total current liabilities486,777481,885
Non-current liabilities  
Deferred tax liability4,5464,799
Operating lease liability, non-current portion3,95666
Severance liabilities24,50522,159
Other non-current liabilities1,9722,081
Total non-current liabilities34,97929,105
Total Liabilities521,756510,990
Commitments and contingencies (Note 15)
Shareholders’ equity  
Preferred shares (5,000,000 shares authorized, $0.01 par value; no shares issued and outstanding as of December 29, 2023 and June 30, 2023)00
Ordinary shares (500,000,000 shares authorized, $0.01 par value; 39,435,354 shares and 39,284,176 shares issued as of December 29, 2023 and June 30, 2023, respectively; and 36,296,621 shares and 36,183,682 shares outstanding as of December 29, 2023 and June 30, 2023, respectively)394393
Additional paid-in capital$ 209,208$ 206,624
Treasury stocks, shares (in shares)3,138,7333,100,494
Less: Treasury shares (3,138,733 shares and 3,100,494 shares as of December 29, 2023 and June 30, 2023, respectively)$ (201,205)$ (194,833)
Accumulated other comprehensive income (loss)4,197(8,115)
Retained earnings1,598,7881,464,589
Total Shareholders’ Equity1,611,3821,468,658
Total Liabilities and Shareholders’ Equity$ 2,133,138$ 1,979,648
FN
Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing. Its products include switching products, including reconfigurable optical add-drop multiplexers, optical amplifiers, modulators, and other optical components and modules that enable network managers to route voice, video, and data communications traffic through fiber optic cables at various wavelengths, speeds, and over various distances. The company's products also comprise tunable lasers, transceivers, and transponders; and active optical cables, which provide high-speed interconnect capabilities for data centers and computing clusters, as well as Infiniband, Ethernet, fiber channel, and optical backplane connectivity. In addition, it provides solid state, diode-pumped, gas, and fiber lasers used in semiconductor processing, biotechnology and medical device, metrology, and material processing industries; and differential pressure, micro-gyro, fuel, and other sensors used in automobiles, as well as non-contact temperature measurement sensors for the medical industry. Further, the company designs and fabricates application-specific crystals, lenses, prisms, mirrors, laser components, and substrates; and other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products. It serves original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, automotive components, medical devices, and sensors. The company was incorporated in 1999 and is based in Grand Cayman, the Cayman Islands.
 CEO
 WEBSITEfabrinet.com
 INDUSTRYConsumer Electronics
 EMPLOYEES14663

Fabrinet Frequently Asked Questions


What is the ticker symbol for Fabrinet? What does FN stand for in stocks?

FN is the stock ticker symbol of Fabrinet. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Fabrinet (FN)?

As of Wed Apr 17 2024, market cap of Fabrinet is 6.03 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FN stock?

You can check FN's fair value in chart for subscribers.

What is the fair value of FN stock?

You can check FN's fair value in chart for subscribers. The fair value of Fabrinet is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Fabrinet is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Fabrinet a good stock to buy?

The fair value guage provides a quick view whether FN is over valued or under valued. Whether Fabrinet is cheap or expensive depends on the assumptions which impact Fabrinet's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FN.

What is Fabrinet's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, FN's PE ratio (Price to Earnings) is 23.7 and Price to Sales (PS) ratio is 2.22. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Fabrinet's stock?

In the past 10 years, Fabrinet has provided 0.229 (multiply by 100 for percentage) rate of return.