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FN

FN - Fabrinet Stock Price, Fair Value and News

254.33USD+6.05 (+2.44%)Delayed

Market Summary

FN
USD254.33+6.05
Delayed
2.44%

FN Alerts

  • 2 major insider sales recently.
  • Big jump in Earnings (Y/Y)

FN Stock Price

View Fullscreen

FN RSI Chart

FN Valuation

Market Cap

9.2B

Price/Earnings (Trailing)

33.32

Price/Sales (Trailing)

3.3

EV/EBITDA

25.77

Price/Free Cashflow

26.39

FN Price/Sales (Trailing)

FN Profitability

Operating Margin

12.42%

EBT Margin

10.53%

Return on Equity

16.62%

Return on Assets

12.33%

Free Cashflow Yield

3.79%

FN Fundamentals

FN Revenue

Revenue (TTM)

2.8B

Rev. Growth (Yr)

9.96%

Rev. Growth (Qtr)

2.64%

FN Earnings

Earnings (TTM)

275.9M

Earnings Growth (Yr)

36.33%

Earnings Growth (Qtr)

17.08%

Breaking Down FN Revenue

Last 7 days

8.8%

Last 30 days

10.4%

Last 90 days

32.4%

Trailing 12 Months

97.2%

How does FN drawdown profile look like?

FN Financial Health

Current Ratio

3.52

FN Investor Care

Buy Backs (1Y)

0.42%

Diluted EPS (TTM)

7.54

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.8B000
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
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PurpleZone


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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.

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Tracking the Latest Insider Buys and Sells of Fabrinet

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 12, 2024
alexander forbes i j
acquired
-
-
461
-
May 24, 2024
levinson frank h
sold
-1,450,270
241
-6,000
-
May 24, 2024
olson rollance e.
sold
-245,619
245
-1,000
-
Mar 07, 2024
kelly thomas f
sold
-2,221,680
222
-10,000
-
Mar 07, 2024
kelly thomas f
gifted
-
-
-240
-
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
levinson frank h
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
Jun 11, 2024
American Trust
reduced
-18.75
-52,727
220,397
0.02%
Jun 11, 2024
EverSource Wealth Advisors, LLC
reduced
-13.64
-899
3,288
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
added
27.38
2,916,000
15,036,000
0.03%
Jun 04, 2024
Aurora Investment Counsel
sold off
-100
-378,534
-
-%
May 30, 2024
EULAV Asset Management
added
13.78
1,525,840
13,269,200
0.36%
May 30, 2024
CAMBRIDGE TRUST CO
unchanged
-
-459
66,157
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
8.51
342,000
4,741,000
0.04%
May 24, 2024
Cetera Investment Advisers
added
315
1,132,950
1,495,530
-%
May 20, 2024
Virtu Financial LLC
reduced
-14.59
-262,000
1,465,000
0.11%
May 20, 2024
CIM, LLC
reduced
-0.47
-75,586
1,118,810
0.17%

1–10 of 42

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
Jun 14, 2024
8-K
Current Report
Jun 14, 2024
4
Insider Trading
Jun 14, 2024
3
Insider Trading
May 29, 2024
SD
SD
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
144
Notice of Insider Sale Intent
May 07, 2024
10-Q
Quarterly Report
May 06, 2024
8-K
Current Report
Mar 13, 2024
4
Insider Trading

Peers (Alternatives to Fabrinet)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.3T
381.6B
12.86% 15.88%
32.73
8.61
-0.90% 6.43%
41.9B
12.8B
-47.15% -15.13%
20.55
3.26
1.52% 6.35%
34.4B
12.4B
13.72% 12.13%
55.11
2.78
-9.51% -31.36%
25.8B
6.1B
-4.98% 2.09%
28.69
4.21
3.71% 17.79%
12.7B
26.4B
7.92% 18.12%
12.62
0.48
-7.32% 26.86%
MID-CAP
8.0B
847.2M
-2.24% -16.09%
80.59
9.48
-8.39% -42.67%
6.7B
31.3B
-4.36% -9.14%
9.38
0.21
-14.93% -46.55%
5.6B
740.8M
-3.45% 27.36%
54.61
7.54
25.07% 42.99%
4.8B
24.7B
-0.90% 10.08%
8.36
0.19
-6.09% -33.76%
2.7B
988.8M
-4.28% 4.23%
27.38
2.72
8.64% 13.26%
SMALL-CAP
1.7B
2.8B
-4.90% 41.40%
20.73
0.62
-10.09% 0.74%
1.4B
2.8B
-2.94% 58.15%
21.83
0.51
-4.25% -5.27%
201.0M
986.2M
-17.90% -68.33%
-0.55
0.2
-6.21% -5303.34%
25.1M
26.4M
-1.14% -43.28%
32.71
0.95
-2.48% -64.63%
22.4M
56.7M
43.05% 81.51%
-3.8
0.59
-41.04% -726.48%

Fabrinet News

Latest updates
Defense World6 hours ago
MarketBeat38 hours ago
Defense World16 Jun 202410:18 am
StockTitan14 Jun 202410:00 am
Yahoo Movies Canada13 Jun 202402:27 am
Yahoo Finance04 Jun 202407:00 am
InvestorPlace24 Apr 202407:00 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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue2.6%732713685656665669655588564567543510479454437405411426399405399
Cost Of Revenue2.6%641624601574579583573513494497480448423401386358367377353359352
Gross Profit2.9%91.0088.0084.0082.0086.0085.0083.0075.0071.0069.0064.0061.0057.0053.0050.0047.0044.0049.0046.0047.0047.00
  S&GA Expenses1.6%20.0019.0020.0020.0018.0019.0021.0019.0017.0018.0021.0017.0019.0017.0017.0018.0017.0017.0016.0014.0014.00
EBITDA Margin4.0%0.12*0.12*0.12*0.12*0.11*0.11*0.11*0.11*0.10*0.10*0.10*0.10*---------
Interest Expenses-27.8%0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.002.002.001.00
Income Taxes-36.8%2.004.005.006.004.001.001.002.003.001.001.00-2.072.001.002.001.001.002.002.001.001.00
Earnings Before Taxes14.3%83.0073.0070.0067.0063.0064.0065.0058.0054.0050.0045.0040.0039.0036.0035.0029.0029.0033.0028.0034.0030.00
EBT Margin4.7%0.11*0.10*0.10*0.10*0.10*0.10*0.10*0.09*0.09*0.08*0.08*0.08*---------
Net Income17.1%81.0069.0065.0061.0059.0063.0065.0056.0051.0049.0045.0042.0037.0035.0033.0028.0028.0031.0026.0033.0029.00
Net Income Margin5.9%0.10*0.09*0.09*0.09*0.09*0.09*0.09*0.09*0.09*0.08*0.08*0.08*---------
Free Cashflow17.4%87.0074.0013453.0017.0031.0050.002.0027.001.004.0030.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets4.9%2,2372,1332,0191,9802,0291,9681,8641,8361,7801,7511,6811,6161,5021,4981,4251,3821,3301,3151,2901,2551,211
  Current Assets6.1%1,9161,8061,6921,6531,7051,6481,5521,5251,4701,4401,3891,3531,2551,2521,1801,1351,0931,0711,0511,024988
    Cash Equivalents15.3%385334308231231251255198269277270303247219189233224220169188166
  Inventory9.5%454415440520554537528557453485465422353372339310290294322294285
  Net PPE-0.9%303306307310308302295292292291272241229228228228218217212211209
  Goodwill-----------------4.004.004.004.004.00
Liabilities10.5%577522489511587584562582551552535504428461425408397387399392382
  Current Liabilities11.8%544487455482555550526538503500479444366395355334327313323313306
  Long Term Debt-----3.006.009.0015.0018.0021.0024.0027.0030.0033.0036.0040.0043.0046.0049.0058.00-
    LT Debt, Current-50.0%3.006.009.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.003.003.00
    LT Debt, Non Current-----3.006.009.0015.0018.0021.0024.0027.0030.0033.0036.0040.0043.0046.0049.0058.00-
Shareholder's Equity3.0%1,6601,6111,5301,4691,4421,3841,3021,2541,2291,1991,1461,1131,0741,0371,001974933928891863829
  Retained Earnings5.1%1,6801,5991,5301,4651,4041,3441,2811,2171,1601,1101,0611,016974936901868840812781755722
  Additional Paid-In Capital3.0%216209202207200194188197191186180189183177172176172166160158155
Shares Outstanding-0.4%36.0036.0036.0036.0037.0037.0037.0036.0037.0037.0037.0037.00---------
Float------4,700---4,400---2,800---2,300---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations19.8%100,87084,165145,04971,08837,12244,46660,63416,34950,32920,65736,91142,84138,0026,80834,50646,21251,83849,9632,64741,89036,206
  Share Based Compensation-3.7%6,7266,9817,7336,9106,7196,7757,7236,3475,7236,6869,2926,7206,8645,8516,0273,9026,1186,1885,9953,7844,424
Cashflow From Investing65.6%-16,762-48,773-53,080-28,268-48,869-44,94723,367-52,325-29,441-6,242-47,53527,480-12,06834,088-58,434-42,327-23,190-17,40711,676-19,022-92,186
Cashflow From Financing-242.7%-32,982-9,624-15,194-41,833-8,106-3,560-27,485-34,730-28,431-7,661-22,112-13,839-5,286-10,562-13,067-3,305-24,234-3,360-4,406-1,160-8,414
  Buy Backs364.1%29,5716,372-38,3584,1132044,90031,29124,4264,198-10,5301,238---20,722----
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FN Income Statement

2024-03-29
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Mar. 29, 2024
Mar. 31, 2023
Mar. 29, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenues$ 731,535$ 665,281$ 2,129,706$ 1,989,366
Cost of revenues(640,600)(579,274)(1,866,037)(1,735,388)
Gross profit90,93586,007263,669253,978
Selling, general and administrative expenses(19,628)(18,309)(59,373)(57,804)
Restructuring and other related costs0(5,872)0(5,872)
Operating income71,30761,826204,296190,302
Interest income8,5093,31722,1557,210
Interest expense(26)(399)(107)(1,179)
Foreign exchange gain (loss), net3,348(1,303)(25)(3,122)
Other income (expense), net1753160(178)
Income before income taxes83,31363,472226,379193,033
Income tax expense(2,397)(4,117)(11,264)(5,906)
Net income80,91659,355215,115187,127
Other comprehensive income (loss), net of tax:    
Change in net unrealized gain (loss) on available-for-sale securities(1,739)2,0462,1551,768
Change in net unrealized gain (loss) on derivative instruments(7,328)(5,535)1,0624,435
Change in net retirement benefits plan – prior service cost137113271338
Change in foreign currency translation adjustment75(191)(31)(29)
Total other comprehensive income (loss), net of tax(8,855)(3,567)3,4576,512
Net comprehensive income$ 72,061$ 55,788$ 218,572$ 193,639
Earnings per share    
Basic (in USD per share)$ 2.23$ 1.62$ 5.93$ 5.12
Diluted (in USD per share)$ 2.21$ 1.60$ 5.88$ 5.07
Weighted-average number of ordinary shares outstanding (thousands of shares)    
Basic (in shares)36,25036,60836,27836,575
Diluted (in shares)36,60336,98936,57436,895

FN Balance Sheet

2024-03-29
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Mar. 29, 2024
Jun. 30, 2023
Current assets  
Cash and cash equivalents$ 385,111$ 231,368
Short-term investments408,915319,100
Trade accounts receivable, net of allowance for expected credit losses of $2,838 and $965, respectively583,882531,767
Inventories454,134519,576
Prepaid expenses9,3697,849
Other current assets74,73142,880
Total current assets1,916,1421,652,540
Non-current assets  
Property, plant and equipment, net303,118310,350
Intangibles, net2,4272,394
Operating right-of-use assets3,7421,634
Deferred tax assets10,96612,095
Other non-current assets630635
Total non-current assets320,883327,108
Total Assets2,237,0251,979,648
Current liabilities  
Long-term borrowings, current portion, net3,03912,156
Trade accounts payable429,021381,129
Fixed assets payable9,22913,526
Operating lease liabilities, current portion1,3331,201
Income tax payable4,8286,024
Accrued payroll, bonus and related expenses23,72723,748
Accrued expenses20,74220,447
Other payables52,34823,654
Total current liabilities544,267481,885
Non-current liabilities  
Deferred tax liability4,6414,799
Operating lease liability, non-current portion2,00366
Severance liabilities23,82022,159
Other non-current liabilities2,0592,081
Total non-current liabilities32,52329,105
Total Liabilities576,790510,990
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 March 29, 2024 and June 30, 2023)00
Ordinary shares ($500,000,000 shares authorized, $0.01 par value; 39,450,434 shares and 39,284,176 shares issued as of March 29, 2024 and June 30, 2023, respectively; and 36,159,101 shares and 36,183,682 shares outstanding as of March 29, 2024 and June 30, 2023, respectively)395393
Additional paid-in capital215,570206,624
Less: Treasury shares (3,291,333 shares and 3,100,494 shares as of March 29, 2024 and June 30, 2023, respectively)(230,776)(194,833)
Accumulated other comprehensive income (loss)(4,658)(8,115)
Retained earnings1,679,7041,464,589
Total Shareholders’ Equity1,660,2351,468,658
Total Liabilities and Shareholders’ Equity$ 2,237,025$ 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 Tue Jun 18 2024, market cap of Fabrinet is 9.19 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 Tue Jun 18 2024, FN's PE ratio (Price to Earnings) is 33.32 and Price to Sales (PS) ratio is 3.3. 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 0.287 (multiply by 100 for percentage) rate of return.