# Fabrinet (FN) fundamentals

Data as of 2026-11-05. NYSE, United States. Sector: Technology / Electronic Components & Instruments. Price $341.64, market value $12.2 billion.

## Valuation
- **P/E (trailing): 25.8×** (5-yr avg 27.5×, 3-yr avg 34.2×). Fabrinet trades at 25.8× trailing earnings, close to its own five-year average of 27.5×. The Technology median in the September 2026 study was 32.1×. Forward P/E is 14.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.34**. A PEG of 0.34 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.4×**. Each dollar of revenue is priced at 2.4×.
- **Price / book: 4.9×**. The shares trade at 4.9× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 20.1×**. Enterprise value is 20.1× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: -1.6%** (5-yr avg 2.1%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 3.9%**. The inverse of the P/E: 3.9% of the price is earned each year.

## Profitability
- **Gross margin: 11.9%**. Fabrinet keeps 11.9% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 10.0%**. 10.0% of revenue is left after running the business.
- **Net margin: 10.2%**. 10.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 19.3%**. 19.3% on shareholders' equity is solid.
- **Return on invested capital: 19.3%**. Return on all capital, debt included, is 19.3%: comfortably above what that capital costs.
- **Return on assets: 12.3%**. Each dollar of assets produces 12.3% of profit.

## Growth
- **Revenue growth (1 yr): 35.7%** (3-yr 20.6%/yr, 5-yr 19.8%/yr). Revenue grew 35.7% over the last year, against 19.8% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 42.3%** (3-yr 24.7%/yr, 5-yr 27.0%/yr). Earnings per share rose 42.3%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -69.7%/yr**. Free cash flow has compounded at -69.7% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Fabrinet holds more cash than debt.
- **Current ratio: 2.25** (quick 2.25). Current assets cover the next year's liabilities 2.25 times.
- **Altman Z-score: 8.02**. A Z-score of 8.02 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Fabrinet does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (9 analysts). 9 analysts cover Fabrinet; the consensus is buy, with an average price target of $640.44 (+87% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -25.7%** (YTD -25.0%, 3-mo -34.6%). The shares are down 25.7% over twelve months including dividends.
- **From 52-week high: -54.4%** (11.8% above the low). Trading 54% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 43**. An RSI of 43 is neutral.
- **Beta (1 yr): 3.01** (volatility 79%). Beta of 3.01 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FN · Page: https://foliofundamentals.com/stocks/fn

Not investment advice.