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Upturn AI SWOT - About
FN 
Fabrinet (FN)
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Upturn Advisory Summary
07/02/2025: 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 $256
1 Year Target Price $256
| 3 | Strong Buy |
| 2 | Buy |
| 4 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -29.09% | Avg. Invested days 27 | 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 07/02/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 10.36B USD | Price to earnings Ratio 32.27 | 1Y Target Price 256 |
Price to earnings Ratio 32.27 | 1Y Target Price 256 | ||
Volume (30-day avg) 9 | Beta 0.98 | 52 Weeks Range 148.55 - 300.29 | Updated Date 07/2/2025 |
52 Weeks Range 148.55 - 300.29 | Updated Date 07/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 8.96 |
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 10% | Operating Margin (TTM) 9.19% |
Management Effectiveness
Return on Assets (TTM) 7.99% | Return on Equity (TTM) 18.3% |
Valuation
Trailing PE 32.27 | Forward PE - | Enterprise Value 9414044377 | Price to Sales(TTM) 3.17 |
Enterprise Value 9414044377 | Price to Sales(TTM) 3.17 | ||
Enterprise Value to Revenue 2.89 | Enterprise Value to EBITDA 23.62 | Shares Outstanding 35830700 | Shares Floating 35692706 |
Shares Outstanding 35830700 | Shares Floating 35692706 | ||
Percent Insiders 0.36 | Percent Institutions 109.05 |
Upturn AI SWOT
Fabrinet
Company Overview
History and Background
Fabrinet was founded in 2000 by David T. Mitchell. It specializes in providing precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers (OEMs). The company initially focused on optical communications but has expanded into other markets like industrial lasers, automotive, and medical devices.
Core Business Areas
- Optical Communications: Manufactures complex optical components and modules for telecom and datacom applications.
- Industrial Lasers: Provides manufacturing services for lasers used in materials processing, medical applications, and scientific research.
- Automotive: Offers manufacturing solutions for automotive applications, including LiDAR and other sensing technologies.
- Medical Devices: Manufactures components and modules for medical devices, such as diagnostic equipment and surgical tools.
Leadership and Structure
Seamus Grady is the Chief Executive Officer. The company has a standard corporate structure with a board of directors and various executive management positions overseeing different functional areas.
Top Products and Market Share
Key Offerings
- Optical Transceivers: Manufactures optical transceivers used in data centers and telecom networks. Market share data is difficult to pinpoint exactly but it's estimated to be around 10-15% within their addressable market segment. Competitors include Lumentum, Coherent, and II-VI Incorporated (now Coherent).
- LiDAR Systems Components: Provides manufacturing services for components used in LiDAR systems for automotive and industrial applications. Market share within their focus is also difficult to get but it estimated at 10-15%. Key competitors are contract manufacturers like Jabil and Flex but also other manufacturers of optical components.
- 3D Printing Laser Components: Fabrinet manufactures components of 3D printing systems. Market share within their focus is also difficult to get but it estimated at 10-15%. Key competitors are contract manufacturers like Jabil and Flex but also other manufacturers of optical components and laser systems.
Market Dynamics
Industry Overview
The optical communications and precision manufacturing industry is driven by increasing bandwidth demands, the growth of data centers, and advancements in laser technology and medical device technology. The industry is experiencing growth in areas like 5G, cloud computing, and advanced manufacturing techniques.
Positioning
Fabrinet is positioned as a high-precision manufacturing partner for OEMs in various industries. Their competitive advantage lies in their ability to handle complex manufacturing processes and their expertise in optical and electro-mechanical technologies.
Total Addressable Market (TAM)
The total addressable market for precision optical and electro-mechanical manufacturing is estimated to be hundreds of billions of dollars. Fabrinet focuses on specific segments within this large TAM, leveraging its expertise in optical communications, industrial lasers, and medical devices. Their market segment TAM is expected to be in the tens of billions of dollars and is well positioned.
Upturn SWOT Analysis
Strengths
- Strong technical expertise
- High-precision manufacturing capabilities
- Diversified customer base
- Global manufacturing footprint
- Strong financial performance
Weaknesses
- Reliance on a few key customers
- Exposure to economic cycles
- Competition from larger contract manufacturers
- Complex manufacturing processes
- Susceptibility to supply chain disruptions
Opportunities
- Growth in data center infrastructure
- Increasing demand for LiDAR technology
- Expansion into new markets and applications
- Strategic acquisitions to expand capabilities
- Increase demand for advanced medical devices
Threats
- Economic downturns affecting customer demand
- Technological obsolescence
- Increased competition from low-cost manufacturers
- Geopolitical risks and trade tensions
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- JBL
- FLEX
- Benchmark Electronics (BHE)
Competitive Landscape
Fabrinet's advantage lies in its high-precision manufacturing capabilities and expertise in optical technologies. Disadvantages include its smaller size compared to larger contract manufacturers and reliance on a few key customers.
Major Acquisitions
OptiWorks, Inc.
- Year: 2019
- Acquisition Price (USD millions): 95
- Strategic Rationale: Strengthened Fabrinet's optical transceiver manufacturing capabilities and expanded its customer base.
Growth Trajectory and Initiatives
Historical Growth: Fabrinet has demonstrated strong historical growth, driven by expansion in its core markets and strategic acquisitions.
Future Projections: Analysts project continued growth for Fabrinet, driven by increased demand for optical communication products and expansion into new markets. Revenue growth of 10-15% per year is expected.
Recent Initiatives: Recent initiatives include expanding manufacturing capacity, investing in new technologies, and pursuing strategic acquisitions to broaden its service offerings.
Summary
Fabrinet is a strong company with a leading position in precision optical and electro-mechanical manufacturing. The company's technical expertise, diversified customer base, and healthy balance sheet contribute to its success. Growth opportunities abound in data centers, LiDAR, and medical devices. It must monitor increased competition and geopolitical risks.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market data is delayed.
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 14213 | Website https://www.fabrinet.com |
Full time employees 14213 | 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, advanced 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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