Fabrinet Stock Intrinsic Value – Fabrinet Closes 2% Lower Than Previous Day Despite Broader Markets’ Stability
May 6, 2023
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Fabrinet ($NYSE:FN), a provider of advanced optical packaging and precision optical, electro-mechanical and electronics manufacturing services, experienced a greater decline than the broader markets in the latest trading session, closing at $92.17 – a 2% decrease from the previous day. This came despite the fact that the broader markets remained relatively stable. The company serves customers in the data communications, telecommunications, industrial, automotive and consumer end markets. It also provides engineering services, including prototyping, design, development, and assembly services to its customers.
Fabrinet delivers its services from seven production facilities located in Thailand and China. The company’s stock has had a relatively volatile year, although it did manage to outpace the broader markets for much of the year.
Analysis – Fabrinet Stock Intrinsic Value
As a financial analysis platform, GoodWhale is proud to provide a comprehensive analysis of FABRINET’s financials. After conducting our proprietary Valuation Line, we have concluded that the intrinsic value of FABRINET shares is around $112.6. At the moment, FABRINET stock is traded at $93.3, which is a fair price but slightly undervalued by 17.1%. This could present an excellent opportunity for investors to acquire the stock at a discounted price and benefit from potential increases in value in the future. We appreciate the trust and support given by FABRINET investors, and are confident that our analysis will assist them in their decision-making process. Fabrinet_Closes_2_Lower_Than_Previous_Day_Despite_Broader_Markets_Stability”>More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Fabrinet. More…
| Total Revenues | Net Income | Net Margin |
| 2.48k | 234.62 | 9.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Fabrinet. More…
| Operations | Investing | Financing |
| 171.78 | -103.35 | -94.21 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Fabrinet. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.97k | 583.89 | 37.83 |
Key Ratios Snapshot
Some of the financial key ratios for Fabrinet are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.0% | 23.2% | 9.8% |
| FCF Margin | ROE | ROA |
| 4.4% | 11.3% | 7.7% |
Peers
The company services a diverse set of markets, including telecommunications, data communications, aerospace and defense, industrial, life sciences, medical devices, and consumer electronics. Fabrinet has a strong competitive position in its markets, with a comprehensive suite of capabilities and a global footprint. The company’s competitors include Castech Inc, TT Electronics PLC, Gooch & Housego PLC, and others.
– Castech Inc ($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
Fabrinet has seen a significant decrease in stock price in the latest trading session, closing at $92.17, a 2% drop from the previous day. Investors should consider the current bearish trend when making decisions regarding this stock. Factors such as market sentiment, sector performance and overall economic conditions should be taken into account.
Additionally, an analysis of Fabrinet’s fundamentals can provide insight into potential long-term prospects and potential opportunities. Investors should also be aware of any company news, upcoming events, and financial reports that may influence stock performance. All in all, investors should conduct thorough research before investing in Fabrinet to maximize their chances for profitable outcomes.
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