Fabrinet (FN) Stock

About Fabrinet

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, 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 transceivers, tunable lasers, 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.

Fabrinet is led by CEO Seamus Grady, employs 14,213 people, headquartered in George Town, US, publicly traded since 2010.

Fabrinet (FN) stock trades at $449.65 with a market capitalization of $16.11B. The stock is valued at a price-to-earnings (P/E) ratio of 78.54, price-to-book of 13.02, price-to-sales of 5.72. Over the past 52 weeks the stock has ranged between $262.20 and $748.89, and currently trades 40.0% below its 52-week high.

On profitability, Fabrinet generates a return on equity (ROE) of 16.80%, above the typical market average, return on capital employed of 16.36%, an operating margin of 9.48%, a net profit margin of 9.87%.

In its most recent fiscal year, Fabrinet reported annual revenue of $3.4B, net profit of $333.0M, revenue has compounded at 15.8% a year over the last five years, profit at 24.1% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.00 — a conservative balance sheet with little leverage risk, a current ratio of 3.00, total assets of $2.8B, $306.0M in cash and equivalents.

FN has an average daily trading volume of 999,609 shares, a beta of 1.17.

Official website: www.fabrinet.com