Fabrinet (FN) Stock Analysis

Fabrinet (FN) Stock Analysis

Overall Grade: F (Concerning)

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Fabrinet faces challenges in financial performance that warrant careful analysis.

Key Metrics:

Metric Value Context
ROIC N/A Below expectations
FCF Margin 0.0% Cash flow pressure
Debt/Equity 0.0x Conservative leverage

Investment Thesis: Financial metrics indicate concerning business quality with areas requiring attention.


What is Fabrinet's Profitability and ROIC?

Fabrinet's return on invested capital of N/A is below the typical cost of capital. Gross margin of 12.0% with operating margin at 12.0% reflects the company's moderate market position.

Key Metrics

Metric Value Rating Interpretation
Return on Invested Capital (ROIC) N/A Red flag Below cost of capital
Gross Margin 12.0% Warning Competitive pricing environment
Operating Margin 12.0% Good Moderate operational efficiency

How Strong is Fabrinet's Cash Flow Quality?

Fabrinet generated $0 in free cash flow over the trailing twelve months, representing a 0.0% margin. FCF was positive in N/A of the last 8 quarters, indicating variable cash generation.

Key Metrics

Metric Value Rating Interpretation
Free Cash Flow Margin 0.0% Red flag Thin cash margins
Free Cash Flow (TTM) $0 Red flag Cash burn
FCF Consistency (8Q) N/A Warning Variable cash flow

What is Fabrinet's Financial Health?

Fabrinet's debt-to-equity ratio of 0.0x indicates conservative leverage.

Key Metrics

Metric Value Rating Interpretation
Debt to Equity 0.0x Excellent Conservative capital structure

Is Fabrinet Stock Overvalued or Undervalued?

Key Metrics

Metric Value Rating Interpretation
EV/Sales 0.0x Excellent Attractive revenue multiple

Sector Rankings

Metric Value Percentile vs Median
Free Cash Flow Margin 0.0% Bottom 10% 0.0x below
Gross Margin 12.0% Bottom 10% 0.2x below
Operating Margin 12.0% Top 50% 1.9x above

Rating Thresholds

Free Cash Flow Margin

The percentage of revenue converted to free cash flow. Higher margins indicate stronger cash generation and business quality.

Rating Range Interpretation
Excellent > 20% Strong cash generation, high-quality business
Good 10% - 20% Healthy cash conversion
Adequate 5% - 10% Moderate cash generation
Warning 0% - 5% Thin cash margins, capital intensive
Red flag < 0% Cash burn, potential liquidity concerns

Current: 0.0% (Red flag)

Gross Margin

Revenue minus cost of goods sold as a percentage. Higher gross margins indicate pricing power and competitive advantage.

Rating Range Interpretation
Excellent > 50% Strong pricing power and competitive moat
Good 30% - 50% Healthy margins, differentiated product
Adequate 20% - 30% Moderate margins, competitive industry
Warning 10% - 20% Thin margins, commodity-like business
Red flag < 10% Very thin margins, structural challenges

Current: 12.0% (Warning - Bottom 10% of sector (median: 52.9%))

Debt to Equity Ratio

Total debt divided by shareholders' equity. Lower ratios indicate more conservative financing and reduced financial risk.

Rating Range Interpretation
Excellent < 0.3x Conservative leverage, strong balance sheet
Good 0.3x - 0.7x Moderate leverage, healthy financial position
Adequate 0.7x - 1.5x Elevated leverage, monitor closely
Warning 1.5x - 3.0x High leverage, increased financial risk
Red flag > 3.0x Excessive leverage, potential distress risk

Current: 0.0% (Excellent)


Frequently Asked Questions

Q: What is Fabrinet's Return on Invested Capital (ROIC)?

Fabrinet (FN) has a trailing twelve-month Return on Invested Capital (ROIC) of N/A. This compares below the sector median of 6.5%. An ROIC below 8% suggests the company may be destroying shareholder value.

Q: What is Fabrinet's Free Cash Flow Margin?

Fabrinet (FN) has a free cash flow margin of 0.0%, generating $0 in free cash flow over the trailing twelve months. Negative free cash flow means the company is consuming cash, which may require financing.

Q: Is Fabrinet stock overvalued or undervalued?

Fabrinet (FN) The EV/Sales multiple is 0.0x.

Q: Is Fabrinet buying back stock?

Fabrinet (FN) repurchased $125.7 million of stock over the trailing twelve months. This represents a buyback yield of 1.2%.

Q: How does Fabrinet compare to competitors in Technology?

Compared to other companies in Technology, Fabrinet (FN) shows: ROIC of N/A is below the sector median of 6.5% (NaNx median). FCF margin of 0.0% trails the sector median of 10.0%. Gross margin at 12.0% is 40.9 percentage points lower than sector peers. These rankings are based on MetricDuck's analysis of all Technology companies with available SEC filings.

Q: What warning signs should I watch for with Fabrinet?

Investors in Fabrinet (FN) should monitor these potential warning signs: 1) FCF margin is thin at 0.0%, leaving limited buffer for economic downturns. Regular monitoring of SEC filings and quarterly trends is recommended.


Data Source: Data sourced from 10-Q filed 2025-11-04. TTM metrics as of Q3 2025.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

This analysis is for informational purposes only and does not constitute investment advice.