Fabrinet chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 67.51
Dividend & YieldN/A$ (N/A)
Beta 1.09
Market capitalization 4.47B
Operating cash flow 171.78M
ESG Scores unknown

Company description

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, advanced 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 tunable lasers, transceivers, 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.

Sector: Technology - Industry: Electronic Components

Financial Ratios
Quick Ratio2.09
Working Capital0.16
Return On Equity0.13
Debt To Equity0.02
Fixed Asset Ratio0
Fixed Interest Cover137.09

Financial data

Financial Statements

Cashflow Statement 2019-06-28 2020-06-26 2021-06-25 2022-06-24
Change To Liabilities 41.05M -6.67M 96.44M 93.8M
Total Cashflows From Investing Activities -98.07M -71.25M -8.93M -135.54M
Net Borrowings -3.72M -9.54M -12.29M -12.2M
Total Cash From Financing Activities -23.22M -35.3M -42.75M -92.93M
Change To Operating Activities 2.1M 13.01M -6.43M 2.37M
Issuance Of Stock
Net Income 120.95M 113.48M 148.34M 200.38M
Change In Cash 26.81M 44.59M 70.29M -104.76M
Effect Of Exchange Rate 704k 484k -178k -527k
Total Cash From Operating Activities 147.39M 150.66M 122.16M 124.25M
Depreciation 29.94M 30.88M 36.25M 38.74M
Change To Account Receivables -16.06M -13.07M -62.43M -105.56M
Other Cashflows From Financing Activities -3.48M -153k
Change To Netincome 12.92M 28.74M 20.96M 30.25M
Capital Expenditures -18.66M -42.33M -46.06M -89.59M

Income Statement 2019-06-28 2020-06-26 2021-06-25 2022-06-24
Research Development
Income Before Tax 126.23M 119.24M 150.48M 206.97M
Net Income 120.95M 113.48M 148.34M 200.38M
Selling General Administrative 55.07M 64.86M 70.53M 74.24M
Gross Profit 179.22M 186.1M 221.36M 278.59M
Ebit 124.16M 121.25M 150.84M 204.35M
Operating Income 124.16M 121.25M 150.84M 204.35M
Interest Expense -5.38M -3.04M -1.1M -432k
Income Tax Expense 5.28M 5.76M 2.14M 6.59M
Total Revenue 1.58B 1.64B 1.88B 2.26B
Cost Of Revenue 1.41B 1.46B 1.66B 1.98B
Total Other Income ExpenseNet 2.08M -2M -352k 2.62M
Net Income From Continuing Ops 120.95M 113.48M 148.34M 200.38M
Net Income Applicable To Common Shares 120.95M 113.48M 148.34M 200.38M

Balance Sheet Statement 2019-06-28 2020-06-26 2021-06-25 2022-06-24
Total Liabilities 392.22M 407.57M 503.6M 581.96M
Total Stockholder Equity 863.1M 974.41M 1.11B 1.25B
Other Current Liabilities 26.28M 42.59M 51.11M 46.53M
Total Assets 1.26B 1.38B 1.62B 1.84B
Common Stock 382k 385k 388k 390k
Other Current Assets 11.02M 21.91M 22.62M 25.34M
Retained Earnings 754.58M 868.06M 1.02B 1.22B
Treasury Stock -50.16M -69.65M -93.61M -160.05M
Cash 180.84M 225.43M 302.97M 198M
Total Current Liabilities 313.05M 334.42M 444.36M 538.49M
Other Stockholder Equity -2.39M -1.15M -6.27M -12.79M
Property, Plant, and Equipment 210.69M 236.34M 247.83M 296.36M
Total Current Assets 1.02B 1.14B 1.35B 1.53B
Net Tangible Assets 855.51M 970.1M 1.11B 1.25B
Net Receivables 273.05M 310.23M 348.43M 452.79M
Accounts Payable 257.62M 251.6M 346.56M 439.68M


Insider Transactions

Here are the insider transactions of stock shares related to Fabrinet:

Filer Name Transaction Text Ownership Date Filer Relation Shares
OLSON ROLLANCE E.Sale at price 126.33 per share.D2023-02-14Director5k
MITCHELL DAVID TStock Award(Grant) at price 0.00 per share.D2022-12-08Director1.68k
KELLY THOMAS FStock Award(Grant) at price 0.00 per share.D2022-12-08Director1.68k
LEVINSON FRANK HStock Award(Grant) at price 0.00 per share.D2022-12-08Director1.68k
BAHRAMI HOMAStock Award(Grant) at price 0.00 per share.D2022-12-08Director1.68k
OLSON ROLLANCE E.Stock Award(Grant) at price 0.00 per share.D2022-12-08Director1.68k
KNIGHT DARLENE S.Stock Award(Grant) at price 0.00 per share.D2022-12-08Director1.68k
GILL HARPAL S.Sale at price 128.12 - 129.44 per share.D2022-11-18President11.27k
SVERHA CSABASale at price 121.46 - 122.84 per share.D2022-11-10Chief Financial Officer14.19k
GRADY SEAMUSSale at price 105.97 - 107.39 per share.D2022-08-29Chief Executive Officer17.68k
ARCHER EDWARD TSale at price 107.87 per share.D2022-08-24Officer13.51k
MITCHELL DAVID TSale at price 108.38 - 112.00 per share.I2022-08-23Director50k
GRADY SEAMUSSale at price 112.24 per share.D2022-08-22Chief Executive Officer26.36k
GILL HARPAL S.Stock Award(Grant) at price 0.00 per share.D2022-08-18President14.27k
GILL HARPAL S.Sale at price 117.63 - 118.61 per share.D2022-08-18President21.09k
GRADY SEAMUSStock Award(Grant) at price 0.00 per share.D2022-08-18Chief Executive Officer21.3k
ARCHER EDWARD TStock Award(Grant) at price 0.00 per share.D2022-08-18Officer6.39k
SVERHA CSABAStock Award(Grant) at price 0.00 per share.D2022-08-18Chief Financial Officer7.24k
GILL HARPAL S.Stock Award(Grant) at price 0.00 per share.D2022-08-09President44.54k
GRADY SEAMUSStock Award(Grant) at price 0.00 per share.D2022-08-09Chief Executive Officer55.67k
ARCHER EDWARD TStock Award(Grant) at price 0.00 per share.D2022-08-09Officer19.98k
SVERHA CSABAStock Award(Grant) at price 0.00 per share.D2022-08-09Chief Financial Officer19.98k
KELLY THOMAS FStock Gift at price 0.00 per share.D2022-03-03Director300
ARCHER EDWARD TSale at price 98.73 per share.D2022-03-01Officer2.15k
KNIGHT DARLENE S.Stock Award(Grant) at price 0.00 per share.D2022-01-17Director1.51k
MITCHELL DAVID TStock Award(Grant) at price 0.00 per share.D2021-12-09Director1.75k
KELLY THOMAS FStock Award(Grant) at price 0.00 per share.D2021-12-09Director1.75k
DOUGHERTY GREGORY PStock Award(Grant) at price 0.00 per share.D2021-12-09Director1.75k
LEVINSON FRANK HStock Award(Grant) at price 0.00 per share.D2021-12-09Director1.75k
BAHRAMI HOMAStock Award(Grant) at price 0.00 per share.D2021-12-09Director1.75k
OLSON ROLLANCE E.Stock Award(Grant) at price 0.00 per share.D2021-12-09Director1.75k
KELLY THOMAS FSale at price 115.66 per share.D2021-12-03Director900
LEVINSON FRANK HStock Gift at price 0.00 per share.D2021-11-15Director10k
GILL HARPAL S.Sale at price 118.09 - 120.00 per share.D2021-11-05President17.09k
GRADY SEAMUSSale at price 102.77 - 105.34 per share.D2021-10-01Chief Executive Officer5.76k
GILL HARPAL S.Sale at price 105.29 - 106.08 per share.D2021-09-03President23.7k
SVERHA CSABASale at price 105.41 per share.D2021-09-03Chief Financial Officer5.16k
GRADY SEAMUSSale at price 101.94 - 102.83 per share.D2021-08-31Chief Executive Officer18.86k
ARCHER EDWARD TSale at price 103.08 per share.D2021-08-31Officer3.52k
GRADY SEAMUSSale at price 99.18 - 105.28 per share.D2021-08-23Chief Executive Officer29.95k
GILL HARPAL S.Stock Award(Grant) at price 0.00 per share.D2021-08-19President14.84k
GRADY SEAMUSStock Award(Grant) at price 0.00 per share.D2021-08-19Chief Executive Officer23.75k
ARCHER EDWARD TStock Award(Grant) at price 0.00 per share.D2021-08-19Officer6.93k
ARCHER EDWARD TSale at price 99.80 - 100.37 per share.D2021-08-19Officer11.45k
SVERHA CSABAStock Award(Grant) at price 0.00 per share.D2021-08-19Chief Financial Officer7.92k
GILL HARPAL S.Stock Award(Grant) at price 0.00 per share.D2021-08-10President50.61k
GRADY SEAMUSStock Award(Grant) at price 0.00 per share.D2021-08-10Chief Executive Officer63.27k
ARCHER EDWARD TStock Award(Grant) at price 0.00 per share.D2021-08-10Officer22.71k
SVERHA CSABAStock Award(Grant) at price 0.00 per share.D2021-08-10Chief Financial Officer3.01k
OLSON ROLLANCE E.Stock Gift at price 0.00 per share.D2021-03-22Director2.2k
OLSON ROLLANCE E.Sale at price 91.00 per share.D2021-03-01Director3k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Fabrinet. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Fabrinet

Here is the result of two systematic investment strategies applied to Fabrinet. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Fabrinet

The following chart shows the equity curve of the two systematic investment strategies applied to Fabrinet:

Fabrinet automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 100.74% on the backtest period.

Performance at glance

Performance

100.74 %

Latent gain

2297.15 $

Invested capital

2280.2 $

Annualized return

24.33 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Fabrinet

This is the result of two momentum investment strategies applied to Fabrinet. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Fabrinet

The following chart shows all the entries opened by the momentum investment system on Fabrinet:

Fabrinet momentum entries
  • The first momentum investment strategy would give 110.17% of return on Fabrinet. That represents 5858.94$ of latent gain with 5318.31$ of employed capital.
  • The second momentum investment strategy would give 95.35% of return on Fabrinet. That represents 4728.28$ of latent gain with 4958.67$ of employed capital.
Performance at glance (1Q Momentum)

Performance

110.17 %

Latent gain

5858.94 $

Invested capital

5318.31 $

Annualized return

28.55 %
Performance at glance (2Q Momentum)

Performance

95.35 %

Latent gain

4728.28 $

Invested capital

4958.67 $

Annualized return

26.05 %

Momentum equity curve on Fabrinet

The following chart shows the equity curve of the two momentum strategies applied to Fabrinet:

Fabrinet momentum equity

Note: the dividends potentially given by Fabrinet are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Fabrinet

The following chart shows the employed capital evolution of the two momentum strategies on Fabrinet since the beginning:

Fabrinet

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Fabrinet

Buy the dip entry openings on Fabrinet

Fabrinet

The performance achieved by the robo-advisor on Fabrinet is 61.1%. That represents 605.61$ of latent gain with 991.14$ of employed capital. The following chart shows Fabrinet stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Fabrinet, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

61.1 %

Latent gain

605.61 $

Invested capital

991.14 $

Annualized return

28.55 %

Equity curve of the strategy applied to Fabrinet

The following chart shows the result of the investment strategy applied to Fabrinet:

Fabrinet

Note: the dividends potentially given by Fabrinet are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Fabrinet

The following chart shows the employed capital evolution since the beginning of the investment strategy on Fabrinet:

Fabrinet

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Fabrinet

In this section, I will compare the three previous investment strategies applied to Fabrinet.

Equity curve comparison on Fabrinet

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Fabrinet investment strategy comparison

Employed capital comparison on Fabrinet

Fabrinet investment comparison

Performance comparison on Fabrinet

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 100.74% 2297.15$ 2280.2$ 24.33%
Momentum 1 quarter 110.17% 5858.94$ 5318.31$ 28.25%
Momentum 2 quarters 95.35% 4728.28$ 4958.67$ 26.05%
Non-directional 61.1% 605.61$ 991.14$ 28.55%
Annualized return comparison

Automatic investment

24.33 %

Momentum 1Q

26.05 %

Momentum 2Q

26.05 %

Non-directional

28.55 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Fabrinet:

Positive correlations

Most correlated stocks this year

  • Fabrinet

  • Most correlated stocks last 3 months

  • Stanley Black & Decker Inc - Unit
  • Forrester Research Inc
  • First Bancorp Inc (ME)
  • WYNNSTAY GROUP PLC ORD 25P
  • L.B. Foster Co. - Class A
  • Diamond Hill Investment Group Inc - Class A
  • Resolute Forest Products Inc
  • Universal Insurance Holdings Inc
  • Tupperware Brands Corporation
  • WestRock Company
  • Standard Motor Products Inc
  • Arrow Financial Corp
  • Luther Burbank Corp
  • Insteel Industries Inc
  • Matthews International Corp - Class A
  • Stanley Black & Decker Inc
  • First Foundation Inc
  • Verizon Communications Inc
  • Freeport-McMoRan Inc
  • Crocs Inc
  • Oppenheimer Holdings Inc - Class A
  • Topgolf Callaway Brands Corp
  • Core Laboratories N.V.
  • Global X SuperDividend ETF
  • Universal Stainless & Alloy Products Inc
  • Snap-on Inc
  • INVESCO INTERNATIONAL BUYBACK ACHIEVERS ETF
  • UMH Properties Inc
  • IShares MSCI Emerging Markets ex China ETF
  • Capri Holdings Ltd
  • Hasbro Inc
  • iShares MSCI Ireland ETF
  • Franklin Electric Co. Inc
  • Universal Corp
  • Curtiss-Wright Corp
  • WEIR GROUP PLC ORD 12.5P
  • Lincoln Electric Holdings Inc
  • Autoliv Inc
  • LyondellBasell Industries NV - Class A
  • Emerson Electric Company
  • JELD-WEN Holding Inc
  • Encore Wire Corp
  • DXP Enterprises Inc
  • First Bancorp PR
  • Forward Air Corp
  • Mosaic Company
  • Mueller Industries Inc
  • Invesco S&P SmallCap Materials ETF
  • Invesco S&P 500 Equal Weight Materials ETF
  • Invesco S&P SmallCap 600 Pure Value ETF
  • Scansource Inc
  • ITT Inc
  • Robert Half International Inc
  • Avient Corp
  • Whirlpool Corp
  • J.B. Hunt Transport Services Inc
  • MACOM Technology Solutions Holdings Inc
  • Paccar Inc
  • TE Connectivity Ltd
  • Donaldson Co. Inc
  • Oxford Industries Inc
  • Sensient Technologies Corp
  • Sierra Bancorp
  • Trico Bancshares
  • O-I Glass Inc
  • Ingevity Corp
  • Invesco S&P SmallCap Information Technology ETF
  • Kaman Corp
  • PPG Industries Inc
  • Flowserve Corp
  • VICTORYSHARES INTERNATIONAL HIGH DIV VOLATILITY WT
  • First Trust RiverFront Dynamic Developed Internati
  • Vanguard International High Dividend Yield ETF
  • VICTORYSHARES INTERNATIONAL VOLATILITY WTD ETF
  • Schwab International Equity ETF
  • SPDR Portfolio Developed World ex-US ETF
  • Crane Holdings Company
  • AGCO Corp
  • Marriott International Inc - Class A
  • Sonoco Products Company
  • iShares Trust iShares ESG Aware MSCI EAFE ETF
  • Vishay Precision Group Inc
  • Barrett Business Services Inc
  • Summit Materials Inc - Class A
  • Clearfield Inc
  • Minerals Technologies Inc
  • American Vanguard Corp
  • Trimas Corporation
  • Innospec Inc
  • Myers Industries Inc
  • Acuity Brands Inc
  • Miller Industries Inc
  • Canadian National Railway Company
  • Hibbett Inc
  • Fortive Corp
  • Genpact Ltd
  • Arlo Technologies Inc
  • ISHARES INDIA 50 ETF
  • Woori Financial Group Inc
  • Shinhan Financial Group Co. Ltd
  • DZS Inc
  • iMedia Brands Inc - Class A
  • Rush Enterprises Inc - Class A
  • Rush Enterprises Inc - Class B
  • JAGUAR MINING INC
  • H.B. Fuller Company
  • CRH Plc
  • H&E Equipment Services Inc
  • Fabrinet
  • Gap Inc
  • Invesco RAFI Strategic Developed ex-US ETF
  • Rigel Pharmaceuticals
  • Pediatrix Medical Group Inc
  • Liberty TripAdvisor Holdings Inc - Series A
  • Almaden Minerals Ltd
  • Equitrans Midstream Corporation
  • Graham Holdings Co. - Class B
  • POSCO Holdings Inc
  • Valvoline Inc
  • Deere & Company
  • Radware
  • CGI Inc - Class A
  • Titan Machinery Inc
  • Maximus Inc
  • 3M Company
  • Leggett & Platt Inc
  • Union Pacific Corp
  • Armada Hoffler Properties Inc
  • Cactus Inc - Class A
  • Hudbay Minerals Inc
  • Mettler-Toledo International Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Fabrinet and the other stocks. There may be false positives or some missing correlated stocks. If the price of Fabrinet does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Fabrinet
    Country Cayman Islands
    City Grand Cayman
    Address One Nexus Way
    Phone
    Website www.fabrinet.com
    FullTime employees 14235
    Industry Electronic Components
    Sector Technology
    Exchange XNYS
    Ticker FN
    Market www.nyse.com

    Fabrinet ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown