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Upturn AI SWOT - About
FN 
Fabrinet (FN)
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Upturn Advisory Summary
09/15/2025: 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 $324.62
1 Year Target Price $324.62
| 3 | Strong Buy |
| 2 | Buy |
| 4 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -31.77% | Avg. Invested days 28 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/15/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 12.79B USD | Price to earnings Ratio 39.08 | 1Y Target Price 324.62 |
Price to earnings Ratio 39.08 | 1Y Target Price 324.62 | ||
Volume (30-day avg) 9 | Beta 1.07 | 52 Weeks Range 148.55 - 380.01 | Updated Date 09/15/2025 |
52 Weeks Range 148.55 - 380.01 | Updated Date 09/15/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 9.16 |
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 2025-08-18 | When - | Estimate 2.64 | Actual 2.65 |
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 39.08 | Forward PE - | Enterprise Value 11862416998 | Price to Sales(TTM) 3.74 |
Enterprise Value 11862416998 | Price to Sales(TTM) 3.74 | ||
Enterprise Value to Revenue 3.47 | Enterprise Value to EBITDA 29.03 | Shares Outstanding 35729600 | Shares Floating 35588806 |
Shares Outstanding 35729600 | Shares Floating 35588806 | ||
Percent Insiders 0.39 | Percent Institutions 113.42 |
Upturn AI SWOT
Fabrinet
Company Overview
History and Background
Fabrinet was founded in 2000. It started as a contract manufacturer for optical communication components and has grown to provide advanced optical packaging and precision optical, electro-mechanical, and electronic manufacturing services.
Core Business Areas
- Optical Communications: Manufacturing of complex optical components and modules used in optical networking equipment.
- Industrial Lasers: Manufacturing of precision components and modules for industrial lasers used in various applications such as materials processing and medical devices.
- Automotive: Manufacturing of sensors and related components for automotive lidar and other applications.
Leadership and Structure
Seamus A. Grady is the CEO. The company has a typical hierarchical structure with functional departments like operations, engineering, sales, and finance.
Top Products and Market Share
Key Offerings
- Optical Transceivers: Optical transceivers are used in data centers and telecommunications networks. While Fabrinet doesn't disclose specific market share figures for individual products, its customers hold significant positions in the optical transceiver market. Competitors include companies like Coherent (COHR), Lumentum (LITE), and Infinera (INFN).
- 3D Sensing Components: Components used in 3D sensing applications, particularly for automotive LiDAR. The revenue from automotive segment is growing rapidly, market share not specifically disclosed. Key competitors include Velodyne (VLDR) and Innoviz (INVZ).
- Advanced Packaging: Providing advanced packaging services for complex optical and electronic components. Fabrinet provides this for companies such as Broadcom (AVGO). The company's competitive advantage lies in its expertise in precision manufacturing and its ability to handle complex designs. Competitors include Amkor Technology (AMKR) and ASE Technology (ASX).
Market Dynamics
Industry Overview
The optical communications industry is driven by increasing bandwidth demand, driven by cloud computing, 5G, and the Internet of Things. The industrial laser market is growing due to increasing adoption in manufacturing and medical applications.
Positioning
Fabrinet is a key enabler of the optical communications and industrial laser industries, positioned as a high-precision manufacturing partner for leading technology companies. It has a competitive advantage in its ability to manufacture complex and high-performance optical components.
Total Addressable Market (TAM)
The combined TAM for optical components and industrial lasers is estimated to be in the tens of billions of dollars annually. Fabrinet is positioned to capture a significant portion of this TAM through its partnerships with leading technology companies.
Upturn SWOT Analysis
Strengths
- Strong relationships with leading technology companies
- Expertise in precision optical manufacturing
- Vertically integrated manufacturing capabilities
- Diversified customer base
Weaknesses
- Dependence on a limited number of key customers
- Exposure to fluctuations in demand in the optical communications market
- Geographic concentration of manufacturing operations in Thailand
- Relatively high capital expenditure requirements
Opportunities
- Increasing demand for bandwidth driven by cloud computing and 5G
- Growth in the market for industrial lasers and 3D sensing
- Expansion into new markets, such as automotive LiDAR
- Potential for acquisitions to expand capabilities and market share
Threats
- Competition from lower-cost manufacturers
- Technological changes that could render existing products obsolete
- Economic downturns that could reduce demand for optical components
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- LITE
- COHR
- ACIA
- INFN
Competitive Landscape
Fabrinet's advantages include its expertise in precision manufacturing and its strong relationships with leading technology companies. Its disadvantages include its dependence on a limited number of key customers and its geographic concentration of manufacturing operations.
Major Acquisitions
FAI Technologies Ltd.
- Year: 2017
- Acquisition Price (USD millions): 32
- Strategic Rationale: Expanded Fabrinet's capabilities in precision machining and optical assembly.
Growth Trajectory and Initiatives
Historical Growth: Fabrinet has experienced strong growth in recent years, driven by increasing demand for optical components and industrial lasers.
Future Projections: Analyst estimates project continued growth for Fabrinet, driven by increasing demand for bandwidth and new applications such as automotive LiDAR.
Recent Initiatives: Recent initiatives include expanding manufacturing capacity in Thailand and investing in new technologies such as silicon photonics.
Summary
Fabrinet is a strong company in the optical communications and industrial laser markets, benefiting from expertise and key partnerships. Dependence on a few large customers and geographical concentration are weaknesses. Growth is driven by demand for bandwidth and new applications but faces threats like competition and technological changes. Overall, Fabrinet appears well-positioned, but must manage its risks carefully.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Analyst Reports
- Industry Research Reports
Disclaimers:
This analysis is based on publicly available information and should not be considered financial advice. Market share estimates are approximate and may vary.
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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