Overview Dividends

(FN) Fabrinet - Ratings and Ratios

Exchange: NYSE • Country: Cayman Islands • Currency: USD • Type: Common Stock • ISIN: KYG3323L1005

Optical Components, Transceivers, Lasers, Sensors, Optical Substrates

FN EPS (Earnings per Share)

EPS Growth (3Y CAGR): 16.91%
EPS Trend (3Y Correlation): 92.9%

FN Revenue

Revenue Growth (3Y CAGR): 14.83%
Revenue Trend (3Y Correlation): 97.4%

Risk via 10d forecast
Volatility	68.7%
Value at Risk 5%th	94.1%
Relative Tail Risk	-16.72%

Reward TTM
Sharpe Ratio	1.05
Alpha	37.90

Character TTM
Hurst Exponent	0.449
Beta	1.804
Beta Downside	1.758

Drawdowns 3y
Max DD	37.47%
Mean DD	11.16%
Median DD	9.62%

Description: FN Fabrinet October 31, 2025

Fabrinet (NYSE:FN) is a contract manufacturer that specializes in high-precision optical, electro-mechanical, and electronic assemblies for customers across North America, Asia-Pacific, and Europe. Its service portfolio spans design-for-manufacturing, supply-chain management, PCB assembly, advanced packaging, integration, final testing, and delivery of complex optical components such as reconfigurable optical add-drop multiplexers (ROADMs), amplifiers, modulators, transceivers, tunable lasers, active optical cables, and a range of lasers and sensors for telecom, data-center, automotive, medical, and industrial applications.

Key quantitative touchpoints (FY 2023): revenue of roughly $1.1 billion, gross margin hovering near 30 %, and a backlog that grew ~12 % YoY, driven largely by rising demand for data-center interconnects and 5G-enabled transport networks. The global optical components market is projected to expand at a CAGR of ~7 % through 2029, while semiconductor-related CAPEX in the U.S. and Europe remains a primary macro driver for Fabrinet’s high-mix, high-value contracts. A notable risk is the ongoing semiconductor supply-chain tightening, which can compress lead times and pressure pricing for custom optical modules.

If you want a deeper, data-rich assessment of Fabrinet’s valuation dynamics, the ValueRay platform offers granular financial models and scenario analyses that can help you test the sensitivity of these drivers.

FN Stock Overview

Market Cap in USD	16,740m
Sub-Industry	Electronic Manufacturing Services
IPO / Inception	2010-06-25
Return 12m vs S&P 500	43.1%
Analyst Rating	3.89 of 5

FN Dividends

Currently no dividends paid

FN Growth Ratios

CAGR 3y	47.66%
CAGR/Max DD Calmar Ratio	1.27
CAGR/Mean DD Pain Ratio	4.27
Current Volume	844.9k
Average Volume	674.5k

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (348.1m TTM) > 0 and > 6% of Revenue (6% = 215.6m TTM)

FCFTA 0.07 (>2.0%) and ΔFCFTA -5.38pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 46.02% (prev 51.07%; Δ -5.05pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.12 (>3.0%) and CFO 347.8m <= Net Income 348.1m (YES >=105%, WARN >=100%)

Net Debt (-299.8m) to EBITDA (431.4m) ratio: -0.70 <= 3.0 (WARN <= 3.5)

Current Ratio 2.83 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (36.1m) change vs 12m ago -0.85% (target <= -2.0% for YES)

Gross Margin 11.99% (prev 12.35%; Δ -0.36pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 131.9% (prev 123.1%; Δ 8.84pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

error: Interest Coverage Ratio cannot be calculated (needs EBITDA TTM and Interest Expense TTM)

Altman Z'' 9.34

(A) 0.55 = (Total Current Assets 2.56b - Total Current Liabilities 905.5m) / Total Assets 3.01b

(B) 0.73 = Retained Earnings (Balance) 2.19b / Total Assets 3.01b

(D) 2.32 = Book Value of Equity 2.20b / Total Liabilities 947.6m

Total Rating: 9.34 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 76.96

1. Piotroski 4.50pt = -0.50

2. FCF Yield 1.28% = 0.64

3. FCF Margin 5.60% = 1.40

4. Debt/Equity 0.00 = 2.50

5. Debt/Ebitda -0.70 = 2.50

6. ROIC - WACC (= 5.59)% = 6.99

7. RoE 17.87% = 1.49

8. Rev. Trend 97.38% = 7.30

9. EPS Trend 92.94% = 4.65

What is the price of FN shares?

As of November 15, 2025, the stock is trading at USD 413.32 with a total of 844,900 shares traded.
Over the past week, the price has changed by -7.97%, over one month by +10.15%, over three months by +28.33% and over the past year by +64.02%.

Is Fabrinet a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Fabrinet (NYSE:FN) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 76.96 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FN is around 517.08 USD . This means that FN is currently undervalued and has a potential upside of +25.1% (Margin of Safety).

Is FN a buy, sell or hold?

Fabrinet has received a consensus analysts rating of 3.89. Therefore, it is recommended to buy FN.

Strong Buy: 3
Buy: 2
Hold: 4
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the FN price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	479.3	16%
Analysts Target Price	479.3	16%
ValueRay Target Price	598.1	44.7%

FN Fundamental Data Overview November 12, 2025

Market Cap USD = 16.74b (16.74b USD * 1.0 USD.USD)
P/E Trailing = 48.0689
P/S = 4.6586
P/B = 7.8068
P/EG = 1.19
Beta = 1.05
Revenue TTM = 3.59b USD
EBIT TTM = 375.9m USD
EBITDA TTM = 431.4m USD
Long Term Debt = 5.16m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 1.86m USD (from shortTermDebt, last quarter)
Debt = 5.16m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -299.8m USD (from netDebt column, last quarter)
Enterprise Value = 15.78b USD (16.74b + Debt 5.16m - CCE 968.8m)
Interest Coverage Ratio = unknown (Ebit TTM 375.9m / Interest Expense TTM 0.0)
FCF Yield = 1.28% (FCF TTM 201.1m / Enterprise Value 15.78b)
FCF Margin = 5.60% (FCF TTM 201.1m / Revenue TTM 3.59b)
Net Margin = 9.69% (Net Income TTM 348.1m / Revenue TTM 3.59b)
Gross Margin = 11.99% ((Revenue TTM 3.59b - Cost of Revenue TTM 3.16b) / Revenue TTM)
Gross Margin QoQ = 11.90% (prev 12.23%)
Tobins Q-Ratio = 5.24 (Enterprise Value 15.78b / Total Assets 3.01b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 5.16m)
Taxrate = 5.42% (5.50m / 101.4m)
NOPAT = 355.5m (EBIT 375.9m * (1 - 5.42%))
Current Ratio = 2.83 (Total Current Assets 2.56b / Total Current Liabilities 905.5m)
Debt / Equity = 0.00 (Debt 5.16m / totalStockholderEquity, last quarter 2.06b)
Debt / EBITDA = -0.70 (Net Debt -299.8m / EBITDA 431.4m)
Debt / FCF = -1.49 (Net Debt -299.8m / FCF TTM 201.1m)
Total Stockholder Equity = 1.95b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.57% (Net Income 348.1m / Total Assets 3.01b)
RoE = 17.87% (Net Income TTM 348.1m / Total Stockholder Equity 1.95b)
RoCE = 19.24% (EBIT 375.9m / Capital Employed (Equity 1.95b + L.T.Debt 5.16m))
RoIC = 18.24% (NOPAT 355.5m / Invested Capital 1.95b)
WACC = 12.66% (E(16.74b)/V(16.74b) * Re(12.66%) + D(5.16m)/V(16.74b) * Rd(0.0%) * (1-Tc(0.05)))
Discount Rate = 12.66% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.74%
[DCF Debug] Terminal Value 67.89% ; FCFE base≈238.4m ; Y1≈294.1m ; Y5≈501.7m
Fair Price DCF = 121.2 (DCF Value 4.34b / Shares Outstanding 35.8m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 92.94 | EPS CAGR: 16.91% | SUE: 1.09 | # QB: 1
Revenue Correlation: 97.38 | Revenue CAGR: 14.83% | SUE: 4.0 | # QB: 4

Additional Sources for FN Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle