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Upturn AI SWOT - About
FN 
Fabrinet (FN)
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Upturn Advisory Summary
10/21/2025: FN (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
9 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $352.88
1 Year Target Price $352.88
| 3 | Strong Buy |
| 2 | Buy |
| 4 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -20.94% | Avg. Invested days 31 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/21/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 14.65B USD | Price to earnings Ratio 44.44 | 1Y Target Price 352.88 |
Price to earnings Ratio 44.44 | 1Y Target Price 352.88 | ||
Volume (30-day avg) 9 | Beta 1.05 | 52 Weeks Range 148.55 - 432.00 | Updated Date 10/21/2025 |
52 Weeks Range 148.55 - 432.00 | Updated Date 10/21/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 9.17 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 9.73% | Operating Margin (TTM) 9.78% |
Management Effectiveness
Return on Assets (TTM) 7.88% | Return on Equity (TTM) 17.84% |
Valuation
Trailing PE 44.44 | Forward PE - | Enterprise Value 12275450954 | Price to Sales(TTM) 4.28 |
Enterprise Value 12275450954 | Price to Sales(TTM) 4.28 | ||
Enterprise Value to Revenue 3.59 | Enterprise Value to EBITDA 30.04 | Shares Outstanding 35729581 | Shares Floating 35588806 |
Shares Outstanding 35729581 | Shares Floating 35588806 | ||
Percent Insiders 0.39 | Percent Institutions 112.97 |
Upturn AI SWOT
Fabrinet
Company Overview
History and Background
Fabrinet was founded in 2000 and went public in 2010. It provides precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers (OEMs). Initially focused on optical communications, it has expanded into adjacent markets like industrial lasers, automotive, and medical devices.
Core Business Areas
- Optical Communications: Manufacturing of optical components, modules, and sub-systems for optical networking equipment used in telecom and data centers. High-speed transceivers are a core product.
- Industrial Lasers: Manufacturing of laser systems and components for industrial applications such as cutting, welding, and marking.
- Automotive: Manufacturing of optical sensors and LiDAR systems for Advanced Driver-Assistance Systems (ADAS) and autonomous driving.
- Medical Devices: Manufacturing of optical components and systems for medical imaging, diagnostics, and therapeutic applications.
Leadership and Structure
Seamus McQuaid is the CEO. The company has a functional organizational structure with departments such as operations, engineering, sales, and finance, reporting to the executive team.
Top Products and Market Share
Key Offerings
- High-Speed Transceivers: Optical transceivers used in data centers and telecom networks. Market share is estimated at 10-15% in the outsourced manufacturing segment. Competitors include Sanmina, Jabil, and Celestica. Revenue from transceivers is estimated to be 60% of total revenues.
- Optical Amplifiers: Devices that boost the power of optical signals in fiber optic networks. Fabrinet is a key supplier to leading network equipment vendors. Competitors include Lumentum and II-VI Incorporated. Revenue from amplifiers is estimated to be 20% of total revenues.
- LiDAR Systems: Fabrinet manufactures LiDAR systems for automotive and industrial applications. The company is working with Luminar Technologies. Key competitors are Magna International and Velodyne Lidar.
Market Dynamics
Industry Overview
The outsourced manufacturing market for optical components and systems is growing, driven by increasing demand for bandwidth and data, as well as the adoption of advanced technologies in automotive and industrial sectors. The industry is competitive, with pricing pressure and technological advancements playing key roles.
Positioning
Fabrinet is a leading player in the outsourced manufacturing market, known for its high-quality precision manufacturing and engineering capabilities. Its competitive advantage lies in its ability to handle complex manufacturing processes and its strong relationships with leading OEMs.
Total Addressable Market (TAM)
The total addressable market for outsourced optical manufacturing is estimated to be over $30 billion. Fabrinet is well-positioned to capture a significant portion of this market due to its expertise and relationships.
Upturn SWOT Analysis
Strengths
- Strong engineering capabilities
- High-quality manufacturing
- Established relationships with leading OEMs
- Diversified customer base
- Global manufacturing footprint
Weaknesses
- Dependence on a few key customers
- Exposure to cyclical demand in the optical communications market
- Relatively low brand recognition among end-users
- High operating costs
Opportunities
- Expanding into new markets such as automotive and medical
- Acquiring complementary businesses
- Increasing automation to improve efficiency
- Developing new manufacturing technologies
- Benefiting from increased demand for bandwidth
Threats
- Competition from lower-cost manufacturers
- Technological obsolescence
- Economic downturns
- Geopolitical risks
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- JBL
- SANM
- CE
- ACMR
Competitive Landscape
Fabrinet competes with other outsourced manufacturing companies based on price, quality, and service. Fabrinet's strengths include its high-quality manufacturing and strong engineering capabilities. Weaknesses include dependence on key customers and price competition.
Major Acquisitions
OptixCon
- Year: 2023
- Acquisition Price (USD millions): 320
- Strategic Rationale: Expand Fabrinet's capabilities in advanced optical packaging and assembly. Strengthening its position in the rapidly evolving photonics market.
Growth Trajectory and Initiatives
Historical Growth: Fabrinet has experienced strong revenue growth over the past several years, driven by increasing demand for its manufacturing services in the optical communications market.
Future Projections: Analysts expect Fabrinet to continue to grow revenue at a rate of 10-15% per year over the next 3-5 years, driven by expanding into new markets and increasing market share. Revenue Growth projection next year: [0.12]
Recent Initiatives: Recent initiatives include expanding manufacturing capacity, investing in new technologies, and acquiring complementary businesses.
Summary
Fabrinet is a strong company operating in a growing market. It has a solid track record of growth and profitability, benefiting from increased demand for optical components and systems. However, it faces competition and dependence on key customers. The company needs to continue to diversify its customer base and invest in new technologies to maintain its competitive advantage.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Analyst Reports
- Industry Research Reports
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Investment decisions should be made based on individual circumstances and consultation with a financial professional.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Fabrinet
Exchange NYSE | Headquaters - | ||
IPO Launch date 2010-06-25 | CEO & Director Mr. Seamus Grady | ||
Sector Technology | Industry Electronic Components | Full time employees 16457 | Website https://www.fabrinet.com |
Full time employees 16457 | Website https://www.fabrinet.com | ||
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, 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 transceivers, tunable lasers, 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.
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