Fabrinet (FN)

NYSE: FN · IEX Real-Time Price · USD
189.02
-2.35 (-1.23%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

Fabrinet has a market cap or net worth of $6.95 billion. The enterprise value is $6.23 billion.

Market Cap 6.95B
Enterprise Value 6.23B

Important Dates

The next estimated earnings date is Monday, May 6, 2024, after market close.

Earnings Date May 6, 2024
Ex-Dividend Date n/a

Share Statistics

Fabrinet has 36.31 million shares outstanding. The number of shares has decreased by -0.81% in one year.

Shares Outstanding 36.31M
Shares Change (YoY) -0.81%
Shares Change (QoQ) +0.43%
Owned by Insiders (%) 0.32%
Owned by Institutions (%) 103.66%
Float 36.13M

Valuation Ratios

The trailing PE ratio is 27.28 and the forward PE ratio is 20.67. Fabrinet's PEG ratio is 1.19.

PE Ratio 27.28
Forward PE 20.67
PS Ratio 2.56
Forward PS 2.23
PB Ratio 4.31
P/FCF Ratio 24.76
PEG Ratio 1.19
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 19.43, with an EV/FCF ratio of 22.21.

EV / Earnings 24.50
EV / Sales 2.29
EV / EBITDA 19.43
EV / EBIT 22.71
EV / FCF 22.21

Financial Position

The company has a current ratio of 3.71, with a Debt / Equity ratio of 0.02.

Current Ratio 3.71
Quick Ratio 2.72
Debt / Equity 0.02
Debt / EBITDA 0.08
Debt / FCF 0.09
Interest Coverage 354.95

Financial Efficiency

Return on equity (ROE) is 16.80% and return on invested capital (ROIC) is 14.56%.

Return on Equity (ROE) 16.80%
Return on Assets (ROA) 12.50%
Return on Capital (ROIC) 14.56%
Revenue Per Employee $185,455
Profits Per Employee $17,346
Employee Count 14,663
Asset Turnover 1.33
Inventory Turnover 5.00

Taxes

In the past 12 months, Fabrinet has paid $19.26 million in taxes.

Income Tax 19.26M
Effective Tax Rate 7.04%

Stock Price Statistics

The stock price has increased by +68.26% in the last 52 weeks. The beta is 1.05, so Fabrinet's price volatility has been similar to the market average.

Beta (1Y) 1.05
52-Week Price Change +68.26%
50-Day Moving Average 203.60
200-Day Moving Average 167.15
Relative Strength Index (RSI) 42.16
Average Volume (30 Days) 449,781

Short Selling Information

The latest short interest is 1.37 million, so 3.76% of the outstanding shares have been sold short.

Short Interest 1.37M
Short Previous Month 1.06M
Short % of Shares Out 3.76%
Short % of Float 3.78%
Short Ratio (days to cover) 3.27

Income Statement

In the last 12 months, Fabrinet had revenue of $2.72 billion and earned $254.34 million in profits. Earnings per share was $6.93.

Revenue 2.72B
Gross Profit 341.04M
Operating Income 256.22M
Pretax Income 273.60M
Net Income 254.34M
EBITDA 320.80M
EBIT 274.37M
Earnings Per Share (EPS) $6.93
Full Income Statement

Balance Sheet

The company has $740.59 million in cash and $24.44 million in debt, giving a net cash position of $716.15 million or $19.72 per share.

Cash & Cash Equivalents 740.59M
Total Debt 24.44M
Net Cash 716.15M
Net Cash Per Share $19.72
Equity / Book Value 1.61B
Book Value Per Share 44.38
Working Capital 1.32B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $337.42 million and capital expenditures -$56.81 million, giving a free cash flow of $280.62 million.

Operating Cash Flow 337.42M
Capital Expenditures -56.81M
Free Cash Flow 280.62M
FCF Per Share $7.72
Full Cash Flow Statement

Margins

Gross margin is 12.54%, with operating and profit margins of 9.42% and 9.35%.

Gross Margin 12.54%
Operating Margin 9.42%
Pretax Margin 10.06%
Profit Margin 9.35%
EBITDA Margin 11.80%
EBIT Margin 10.09%
FCF Margin 10.32%

Dividends & Yields

Fabrinet does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 0.81%
Shareholder Yield 0.81%
Earnings Yield 3.66%
FCF Yield 4.04%
Dividend Details

Analyst Forecast

The average price target for Fabrinet is $178.83, which is -5.39% lower than the current price. The consensus rating is "Strong Buy".

Price Target $178.83
Price Target Difference -5.39%
Analyst Consensus Strong Buy
Analyst Count 6
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Fabrinet has an Altman Z-Score of 11.48 and a Piotroski F-Score of 8.

Altman Z-Score 11.48
Piotroski F-Score 8