Fabrinet Intrinsic Value Calculator – Nordea Investment Management AB Shows Confidence in Fabrinet, Investing Heavily on July 7, 2023
July 15, 2023
☀️Trending News
On July 7, 2023, Nordea Investment Management AB made a strategic investment in Fabrinet ($NYSE:FN), reflecting their strong belief in the company’s potential for growth. Fabrinet is a leading manufacturer of precision components and optical and electro-mechanical assemblies for technology companies. The company is publicly traded on the NASDAQ Global Market and has offices in the United States, Singapore, Thailand, and the Czech Republic. The investment is expected to further fuel Fabrinet’s growth and enhance its technological capabilities, enabling it to become an even more competitive player in the global marketplace.
The company’s products are used in a variety of industries, including automotive, consumer electronics, medical devices, and other fields. With this investment, Fabrinet is poised to continue its trajectory of success and become a major player in the technology sector.
Stock Price
As a result, the stock opened at $127.8 and closed at $129.6, up by 1.2% from its prior closing price of $128.0. This positive movement is being attributed to Nordea’s investment and the market’s reaction to their vote of confidence in Fabrinet‘s future success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Fabrinet. More…
| Total Revenues | Net Income | Net Margin |
| 2.58k | 243.32 | 9.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Fabrinet. More…
| Operations | Investing | Financing |
| 158.57 | -122.77 | -73.88 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Fabrinet. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.03k | 587.22 | 37.83 |
Key Ratios Snapshot
Some of the financial key ratios for Fabrinet are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 16.2% | 27.4% | 9.8% |
| FCF Margin | ROE | ROA |
| 3.9% | 11.2% | 7.8% |
Analysis – Fabrinet Intrinsic Value Calculator
At GoodWhale, we have conducted an analysis of FABRINET‘s finances. Our proprietary Valuation Line determined that the fair value of FABRINET share was around $118.7. However, currently FABRINET stock is being traded at $129.6, which is a fair price that is overvalued by 9.2%. This indicates that the current stock market participants are overestimating the value of FABRINET. More…
Peers
The company services a diverse set of markets, including telecommunications, data communications, aerospace and defense, industrial, life sciences, medical devices, and consumer electronics. Fabrinet has a strong competitive position in its markets, with a comprehensive suite of capabilities and a global footprint. The company’s competitors include Castech Inc, TT Electronics PLC, Gooch & Housego PLC, and others.
– Castech Inc ($SZSE:002222)
Castech Inc is a leading manufacturer of semiconductor products and services. The company has a market cap of 6.84B as of 2022 and a return on equity of 12.34%. The company’s products and services are used in a variety of electronic devices and systems, including computers, cell phones, and automotive electronics.
– TT Electronics PLC ($LSE:TTG)
TT Electronics is a provider of advanced electronics solutions for global markets. The company designs and manufactures electronic components, systems and services for applications in the aerospace, defence, rail, oil and gas, marine, medical, power generation and distribution, and industrial markets.
TT Electronics has a market capitalisation of £232.53 million as of March 2022 and a return on equity of 3.65%. The company designs and manufactures electronic components, systems and services for applications in the aerospace, defence, rail, oil and gas, marine, medical, power generation and distribution, and industrial markets.
– Gooch & Housego PLC ($LSE:GHH)
Gooch & Housego PLC is a leading global provider of advanced photonics solutions. They design, manufacture and supply a wide range of optical components, systems and instrumentation to meet the needs of their customers worldwide. Gooch & Housego has a market cap of 118.69M as of 2022 and a return on equity of 3.16%. The company has a strong focus on innovative photonics solutions and providing excellent customer service.
Summary
Nordea Investment Management AB recently made a significant investment in Fabrinet, signaling their confidence in the company’s future. This is a positive sign for investors as it demonstrates that Fabrinet has strong potential for growth. An analysis of Fabrinet’s financials reveals that the company has a solid track record of profitability, high liquidity levels, and a healthy balance sheet.
Additionally, Fabrinet’s low debt-to-equity ratio indicates that it is well-positioned to take on new investments. Moreover, with its competitive pricing and ability to offer customized products, Fabrinet is well-positioned to capitalize on increasing demand in the future. This is an indication that the investment could be a wise one for Nordea in the long run.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
