QualityDipStocks / Technology · Telecommunications Equipment
Fabrinet FN
Outside our quality screen, so we don’t track its dips. It’s 56% below its 52-week high.
Outside our quality screen, 21% under its Market Value. No fair value estimate for now: a capital-spending surge is squeezing its free cash flow.
- Fair value est.
- n/a
- Market Value
- $412.36price −21%
- Off 52-wk high
- −56%
- Risk vs market
- Highbeta 3.08
5 bullish · 5 bearish See why
Key levels
Every level vs today’s $327.29
- 52-wk lowlowest close, 1 year$314.94−3.8%
- PriceFri Oct 30 close$327.29you are here
- Market Valueavg paid since Aug 17$412.36+26.0%
- 52-wk highhighest close, 1 year$746.47+128.1%
Fair value estimate
Estimate unreliable for FN: free cash flow is squeezed by a capital-spending surge (capex is 98% of operating cash flow over the last 12 months, vs 29% in FY2023), so a DCF on today's free cash flow would understate the business. We’d rather show nothing than a made-up number.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 30 to Oct 30, 252 sessions). Beta = how much FN moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Swings much more than the market, and its own price swings are 6.0× the S&P 500’s.
- Beta vs S&P 500
- 3.08
- Volatility
- 77% vs 13% SPY
- Correlation SPY
- 0.51
- Correlation QQQ
- 0.58
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 5 of 5
GrowthSales grew 36% to $4.6B over the last 12 months vs the 12 months before (SEC filings).
GrowthDiluted EPS grew 42% to $13.05 in FY2026.
GrowthSales compounded 21% a year from FY2023 to FY2026.
ProfitabilityReturn on equity of 21% over the last 12 months.
ValuationTrades 20.6% below its Market Value of $412.36, the average price paid since the Aug 17 filing.
Top bearish points 5 of 5
Cash returnsFree cash flow fell 98% over the last 12 months vs the 12 months before.
ValuationFree-cash-flow yield is just 0.0%.
ProfitabilityGross margin of 12%, below the 59% median for the 151 Technology companies we cover.
QualityDoesn’t pass our quality screen: no positive free cash flow.
RiskSwings hard: beta 3.08 vs the S&P 500 and 77% yearly volatility (SPY 13%).
Who’s talking about it
Notable investors, executives, analysts and public figures on Fabrinet in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 1, 9:09 PM ET.
Compare with peers
Closest in size in Technology
All fundamentals
P/E 26.4 · FCF yield 0.0% · ROE 21%
Valuation
- P/E
- 26.4×Technology median 33.9×
- Price / FCF
- n/an/m: free cash flow near zero
- FCF yield
- 0.0%
- EV / EBITDA
- n/aD&A or debt not tagged in SEC data
- Price / sales
- 2.69×
- Price / book
- 5.09×
- Market cap
- $12.5Blisted
- Enterprise value
- n/anot reported in its SEC filings
Growth
- Revenue, 12 months
- $4.6B
- Sales growth, 12 months
- +35.7%vs the 12 months before
- Sales growth, 3 yrs
- +20.6%/yrfrom FY2023
- Diluted EPS, 12 months
- $13.05
- EPS growth, last FY
- +42.3%
- Net income, 12 months
- $473M
- Net income growth
- +42%12 months vs before
Profitability
- Gross margin
- 12.0%
- Operating margin
- 10.0%
- Net margin
- 10.2%
- FCF margin
- 0.1%
- Return on equity
- 21%
- Return on invested capital
- n/aoperating income, debt, equity or cash not tagged
Balance sheet
- Cash & short-term inv.
- $875M
- Total debt
- n/anot reported in its SEC filings
- Net cash
- n/acash or debt not tagged in SEC data
- Debt / equity
- n/adebt or equity not tagged in SEC data
- Interest coverage
- 5510.6×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- $4M
- FCF growth, 12 months
- −98%
- Dividend yield
- n/ano dividend payments tagged
- Payout ratio
- n/anot reported in its SEC filings
- Buybacks, 12 months
- $5M0.0% of market cap
- Share count, 1 year
- +0.4%diluted shares vs a year ago
- Stock-based comp
- $35M
Trailing 12 months to Jun 26, 2026; balance sheet at Jun 26, 2026. From Fabrinet’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
Valuation details
MV $412.36
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
Momentum & 52-week range
RSI 36 · 5 days +3.9%
The business
FCF $-0.1B · Sales +45%
- Free cash flow, 12 months−$0.1B
- Free-cash-flow yield−0.5%
- Free-cash-flow margin−1%
- Gross margin12%
- Operating margin10%
- Return on invested capital24%
- Return on equity21%
- Sales growth (latest quarter vs year-ago quarter)+45%
- Net debt / EBITDA−1.6×
Next report
Nov 2
- DateMon Nov 2, after the close
- Consensus EPS$3.88
- Year-ago EPS$2.67
- QuarterSep/2026
From Nasdaq’s earnings calendar. A report resets Market Value.
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.
FN is outside our quality screen
One text when a published rule fires on one of the 333 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.