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Fabrinet Stock Research

FN

156.20USD+4.93(+3.26%)Market Closed
Watchlist

Market Summary

USD156.20+4.93
Market Closed
3.26%

FN Alerts

  • 3 major insider sales recently.

FN Stock Price

FN RSI Chart

FN Valuation

Market Cap

5.5B

Price/Earnings (Trailing)

22.08

Price/Sales (Trailing)

2.07

EV/EBITDA

17.16

Price/Free Cashflow

36.02

FN Price/Sales (Trailing)

FN Profitability

Operating Margin

12.76%

EBT Margin

9.74%

Return on Equity

16.88%

Return on Assets

11.99%

Free Cashflow Yield

2.78%

FN Fundamentals

FN Revenue

Revenue (TTM)

2.6B

Revenue Y/Y

11.57%

Revenue Q/Q

-1.41%

FN Earnings

Earnings (TTM)

247.9M

Earnings Y/Y

8.18%

Earnings Q/Q

2.41%

Price Action

52 Week Range

90.19163.88
(Low)(High)

Last 7 days

0.8%

Last 30 days

-1.6%

Last 90 days

21.8%

Trailing 12 Months

56.8%

FN Financial Health

Current Ratio

3.07

FN Investor Care

Buy Backs (1Y)

0.69%

Diluted EPS (TTM)

6.73

Historical Charts for Stock Metrics

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

Latest Insider Trading transactions for FN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-29
Archer Edward T.
sold
-1,629,580
157
-10,358
evp, sales & marketing
2023-08-24
Grady Seamus
sold
-4,317,790
159
-27,000
chief executive officer
2023-08-24
Gill Harpal
acquired
-
-
10,225
president & coo
2023-08-24
Sverha Csaba
acquired
-
-
5,663
chief financial officer
2023-08-24
Sverha Csaba
sold
-3,217,920
160
-20,000
chief financial officer
2023-08-24
Archer Edward T.
acquired
-
-
4,719
evp, sales & marketing
2023-08-24
Grady Seamus
acquired
-
-
16,361
chief executive officer
2023-08-22
Sverha Csaba
sold (taxes)
-13,522
153
-88.00
chief financial officer
2023-08-20
Sverha Csaba
sold (taxes)
-66,821
117
-567
chief financial officer
2023-08-20
Gill Harpal
sold (taxes)
-369,224
117
-3,133
president & coo

1–10 of 50

Which funds bought or sold FN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
unchanged
-
745
8,702
-%
2023-08-23
WOLVERINE TRADING, LLC
new
-
433,755
433,755
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-3.09
326,179
5,775,240
0.01%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
2.08
400,000
3,839,000
0.04%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-52.65
-1,786,400
1,920,460
-%
2023-08-18
Legato Capital Management LLC
new
-
230,537
230,537
0.03%
2023-08-17
Orion Portfolio Solutions, LLC
reduced
-40.14
-267,089
506,317
-%
2023-08-16
Nuveen Asset Management, LLC
added
13.34
11,547,600
59,749,600
0.02%
2023-08-16
CASTLEARK MANAGEMENT LLC
new
-
1,572,850
1,572,850
0.07%
2023-08-16
Thomas J. Herzfeld Advisors, Inc.
reduced
-42.86
-624
1,039
-%

1–10 of 46

Latest Funds Activity

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

Schedule 13G FIlings of Fabrinet

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Jan 26, 2022
blackrock inc.
15.0%
5,570,400
SC 13G/A
Feb 12, 2021
dimensional fund advisors lp
4.7%
1,746,863
SC 13G/A
Feb 11, 2021
wasatch advisors inc
-
0
SC 13G/A

Recent SEC filings of Fabrinet

View All Filings
Date Filed Form Type Document
Aug 30, 2023
144
Notice of Insider Sale Intent
Aug 30, 2023
4
Insider Trading
Aug 25, 2023
4
Insider Trading
Aug 25, 2023
4
Insider Trading
Aug 25, 2023
4
Insider Trading
Aug 25, 2023
4
Insider Trading
Aug 24, 2023
144
Notice of Insider Sale Intent
Aug 24, 2023
144
Notice of Insider Sale Intent
Aug 23, 2023
4
Insider Trading
Aug 22, 2023
10-K
Annual Report

FN Fair Value

Loading...

Peers (Alternatives to Fabrinet)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
49.6B
12.6B
-2.87% 16.69%
26.05
3.95
5.26% 6.38%
26.5B
13.3B
-2.44% 1.20%
28.4
1.93
-8.71% -68.18%
23.3B
5.6B
1.81% -19.16%
20.64
4.17
6.17% 2.08%
13.8B
35.3B
1.98% 78.90%
14.15
0.39
10.73% 14.25%
-
5.5B
-15.10% -19.78%
-
-
-5.22% 30.78%
MID-CAP
7.8B
1.3B
-2.25% 14.64%
35.47
6.04
2.12% 9.33%
5.5B
2.6B
-1.56% 56.76%
22.08
2.07
16.93% 23.72%
5.1B
889.9M
-6.79% 14.35%
66.14
5.72
11.76% 20.80%
4.7B
1.4B
-3.26% 10.74%
43.94
3.4
-8.11% -60.37%
SMALL-CAP
1.9B
1.3B
-3.72% 45.65%
20.85
1.5
8.04% -20.43%
1.3B
692.6M
-9.49% 15.92%
-6.84
1.94
-19.15% -88.42%
397.8M
1.1M
-19.08% -48.67%
-6.03
358.01
-42.70% -35.25%
41.6M
71.4M
-4.32% -48.25%
-4.34
0.58
7.46% 19.17%
5.9M
33.3M
-41.85% 301.07%
-0.23
0.18
-7.47% -1891.59%

Fabrinet News

Defense World
Maryland State Retirement & Pension System Has $1.84 Million ....
Defense World,
12 hours ago
Yahoo Finance
MarketBeat
Simply Wall St
Proactive Investors USA
The Motley Fool

Returns for FN

Cumulative Returns on FN

26.1%


10-Year Cumulative Returns

19.0%


7-Year Cumulative Returns

27.2%


5-Year Cumulative Returns

34.5%


3-Year Cumulative Returns

Risks for FN

What is the probability of a big loss on FN?

78.8%


Probability that Fabrinet stock will be more than 20% underwater in next one year

41.5%


Probability that Fabrinet stock will be more than 30% underwater in next one year.

0%


Probability that Fabrinet stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Fabrinet was unfortunately bought at previous high price.

Drawdowns

Financials for Fabrinet

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue2.6%2,6452,5772,4762,3742,2622,1842,0991,9861,8791,7751,7071,6791,6421,6421,6301,6061,5841,5251,4581,3921,372
Cost Of Revenue2.7%2,3092,2482,1632,0771,9841,9191,8481,7521,6581,5681,5121,4891,4561,4561,4411,4221,4051,3531,2961,2381,219
Gross Profit2.2%336329314298279265251234221207194191186186189185179172162153153
  S&GA Expenses1.8%78.0076.0075.0074.0074.0073.0075.0074.0071.0071.0069.0069.0068.0064.0061.0057.0055.0058.0056.0057.0058.00
EBITDA-100.0%-295283268246228213199188174163159153160162------
EBITDA Margin-100.0%-0.11*0.11*0.11*0.11*0.10*0.10*0.10*0.10*0.10*0.10*0.09*0.09*0.10*0.10*------
Interest Expenses16.5%1.001.001.001.000.001.001.001.001.001.001.001.003.005.006.007.005.005.004.003.004.00
Earnings Before Taxes3.6%26025124122720718917516115013912912611912512612512611410695.0088.00
EBT Margin-100.0%-0.10*0.10*0.10*0.09*0.09*0.08*0.08*0.08*0.08*0.08*0.07*0.07*0.08*0.08*------
Net Income1.9%24824323522020018717316014813412512111311811911912111110391.0084.00
Net Income Margin-100.0%-0.09*0.09*0.09*0.09*0.09*0.08*0.08*0.08*0.08*0.07*0.07*0.07*0.07*0.07*------
Free Cashflow-100.0%-10111081.0035.0066.0067.0062.0080.0077.0090.00134108113106------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-2.4%1,9802,0291,9681,8641,8361,7801,7511,6811,6161,5021,4981,4251,3821,3301,3151,2901,2551,2111,1761,1481,088
  Current Assets-3.1%1,6531,7051,6481,5521,5251,4701,4401,3891,3531,2551,2521,1801,1351,0931,0711,0511,024988950917854
    Cash Equivalents0.3%231231251255198269277270303247219189233224220169188166231220161
  Inventory-6.3%520554537528557453485465422353372339310290294322294285278278249
  Net PPE0.6%310308302295292292291272241229228228228218217212211209212217220
  Goodwill--------------4.004.004.004.004.004.004.004.00
Liabilities-13.0%511587584562582551552535504428461425408397387399392382374382347
  Current Liabilities-13.2%482555550526538503500479444366395355334327313323313306298306270
    LT Debt, Current0%12.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.003.003.003.003.003.00
    LT Debt, Non Current-100.0%-3.006.009.0015.0018.0021.0024.0027.0030.0033.0036.0040.0043.0046.0049.0058.00----
Shareholder's Equity1.9%1,4691,4421,3841,3021,2541,2291,1991,1461,1131,0741,0371,001974933928891863829802766741
  Retained Earnings4.3%1,4651,4041,3441,2811,2171,1601,1101,0611,016974936901868840812781755722693661632
  Additional Paid-In Capital3.2%207200194188197191186180189183177172176172166160158155152148152
Shares Outstanding-1.1%36.0037.0037.0037.0036.0037.0037.0037.0037.0037.0037.0037.0037.0037.0037.0037.0037.0037.0037.0037.0036.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations34.5%213159172148124151138125122126139183151146131115147154170176138
  Share Based Compensation2.0%28.0028.0027.0026.0028.0028.0030.0029.0025.0023.0022.0022.0022.0022.0020.0018.0017.0018.0019.0021.0023.00
Cashflow From Investing19.6%-98.72-122-103-64.64-135-55.74-38.362.00-8.93-78.74-89.86-141-71.25-47.94-116-122-98.07-88.77-24.87-9.99-58.65
Cashflow From Financing-9.6%-80.98-73.88-94.21-98.31-92.93-72.04-48.90-51.80-42.75-32.22-51.17-43.97-35.30-33.16-17.34-14.31-23.22-44.23-52.11-60.32-54.11
  Buy Backs17.4%48.0041.0061.0065.0060.0039.0016.0016.0019.002.0041.00-21.0041.00--5.0080.00--42.00

FN Income Statement

2023-06-30
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2023
Jun. 24, 2022
Jun. 25, 2021
Income Statement [Abstract]   
Revenues$ 2,645,237$ 2,262,224$ 1,879,350
Cost of revenues(2,308,964)(1,983,630)(1,657,987)
Gross profit336,273278,594221,363
Selling, general and administrative expenses(77,673)(73,941)(70,567)
Restructuring and other related costs(6,896)(135)(43)
Operating income251,704204,518150,753
Interest income11,2342,2053,783
Interest expense(1,472)(432)(1,100)
Foreign exchange gain (loss), net(1,211)2,302508
Other income (expense), net(159)(1,627)(3,460)
Income before income taxes260,096206,966150,484
Income tax expense(12,183)(6,586)(2,143)
Net income247,913200,380148,341
Other comprehensive income (loss), net of tax   
Change in net unrealized gain (loss) on available-for-sale securities2,739(6,326)(1,182)
Change in net unrealized gain (loss) on derivative instruments1,541(578)(5,106)
Change in net retirement benefits plan – prior service cost473622584
Change in foreign currency translation adjustment(75)(245)585
Total other comprehensive income (loss), net of tax4,678(6,527)(5,119)
Net comprehensive income$ 252,591$ 193,853$ 143,222
Earnings per share   
Basic earnings per share (in USD per share)$ 6.79$ 5.43$ 4.02
Diluted earnings per share (in USD per share)$ 6.73$ 5.36$ 3.95
Weighted average number of ordinary shares outstanding (thousands of shares)   
Weighted average number of ordinary shares outstanding, basic (in shares)36,51536,87636,872
Weighted average number of ordinary shares outstanding, diluted (in shares)36,85537,39437,555

FN Balance Sheet

2023-06-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Jun. 24, 2022
Current assets  
Cash and cash equivalents$ 231,368$ 197,996
Short-term restricted cash0220
Short-term investments319,100280,157
Trade accounts receivable, net of allowance for doubtful accounts of $965 and $1,271, respectively531,767452,670
Inventories519,576557,145
Prepaid expenses7,84911,626
Other current assets42,88025,357
Total current assets1,652,5401,525,171
Non-current assets  
Long-term restricted cash0149
Property, plant and equipment, net310,350292,277
Intangibles, net2,3943,508
Operating right-of-use assets1,6344,084
Deferred tax assets12,0959,800
Other non-current assets635652
Total non-current assets327,108310,470
Total Assets1,979,6481,835,641
Current liabilities  
Long-term borrowings, current portion, net12,15612,156
Trade accounts payable381,129439,684
Fixed assets payable13,5269,085
Operating lease liabilities, current portion1,2012,319
Income tax payable6,0242,898
Accrued payroll, bonus and related expenses23,74820,374
Accrued expenses20,44724,758
Other payables23,65427,213
Total current liabilities481,885538,487
Non-current liabilities  
Long-term borrowings, non-current portion, net015,202
Deferred tax liability4,7996,001
Operating lease liabilities, non-current portion661,476
Severance liabilities22,15918,384
Other non-current liabilities2,0812,409
Total non-current liabilities29,10543,472
Total Liabilities510,990581,959
Commitments and contingencies (Note 19)
Shareholders’ equity  
Preferred shares (5,000,000 shares authorized, $0.01 par value; no shares issued and outstanding as of June 30, 2023 and June 24, 2022)00
Ordinary shares (500,000,000 shares authorized, $0.01 par value; 39,284,176 shares and 39,048,700 shares issued as of June 30, 2023 and June 24, 2022, respectively; and 36,183,682 shares and 36,436,683 shares outstanding as of June 30, 2023 and June 24, 2022, respectively)393390
Additional paid-in capital206,624196,667
Less: Treasury shares (3,100,494 shares and 2,612,017 shares as of June 30, 2023 and June 24, 2022, respectively)(194,833)(147,258)
Accumulated other comprehensive income (loss)(8,115)(12,793)
Retained earnings1,464,5891,216,676
Total Shareholders’ Equity1,468,6581,253,682
Total Liabilities and Shareholders’ Equity$ 1,979,648$ 1,835,641
Seamus Grady
12200
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 George Town, the Cayman Islands.