Fabrinet

Fabrinet

FN

Get informed when a big investor buys or sells

+ Follow
Market Cap$23.44B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
FabrinetFabrinet56-18%6.1-

Earnings Call Q3 2026

May 4, 2026 - AI Summary

Q3 fiscal 2026 results beat guidance (good + surprising): Revenue $1.214B, above guidance, up 39% YoY and 7% QoQ; record non-GAAP EPS $3.72 exceeded the guided range. Non-GAAP financials were emphasized; GAAP tax rate 6.7% for the quarter.
Datacom supply constraints are the main near-term headwind (bad): Datacom grew 4% YoY but fell 6% vs Q2 due to broadened supply/material shortages. Management stressed the key issue is supply—not demand: demand exceeded what they could ship. They expect the imbalance to persist into Q4, with supply volatility across multiple commodities (e.g., lasers, memory, certain ASICs).
Telecom/Optical Communications momentum remains strong (good): Optical Communications revenue $889M, up 35% YoY and 7% QoQ. Telecom was record $628M; DCI $197M, up 90% YoY and 38% QoQ. Management believes longer-term DCI growth trends remain intact, and expects continued strength despite constraints.

Exclusive for Stockcircle Pro members

Sign upSign Up
$680.67

Target Price by Analysts

6.1% downsideFabrinet Target Price DetailsTarget Price
$309.47

Current Fair Value

57.3% downside

Overvalued by 57.3% based on the discounted cash flow analysis.

Share Statistics

Market cap$23.44 Billion
Enterprise Value$23.09 Billion
Dividend Yield$- (-)
Earnings per Share$9.23
Beta1.22
Outstanding Shares35,809,000

Return

Return on Equity18.14%ROE
Return on Assets11.91%
Return on Invested Capital18.30%

Valuation & Multiples

P/E Ratio56.04P/E Ratio
PEG103.71PEG
Price to Sales6.14Price to Sales
Price to Book Ratio11.33Price to Book Ratio
Enterprise Value to Revenue5.45
Enterprise Value to EBIT53.61
Enterprise Value to Net Income55
Total Debt to Enterprise0
Debt to Equity0.01Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 4, 2026
EPS Estimate
$3.56
Average shareholder expectation
Revenue Estimate
$1.19 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 17, 2026
EPS Estimate
$3.83
Average shareholder expectation
Revenue Estimate
$1.32 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.9771 39.51%
Total Calls353,704 98.71%
Total Puts345,600 233.59%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %109.07% 1.33%
Total Invested$20.29B 15.68%
Investors Holding688 85.00%

ESG Score

No data

About Fabrinet

CEO: Seamus Grady

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the official revenue estimates and technical analysis for all tax legislation. Its work directly shapes corporate tax structures and R&D incentives, which significantly influence Fabrinet's financial planning and investment decisions, in direct support of the Finance Committee.

Finance

This committee controls taxation and trade policy, which are paramount for Fabrinet. Corporate tax rates, R&D credits, tariffs, and international trade agreements profoundly impact profitability, global supply chains, and market access for an electronic manufacturer.

Appropriations

This committee allocates federal spending. For Fabrinet, this directly translates to funding for potential government contracts (e.g., defense, research) and critical infrastructure projects, impacting the actual revenue streams and order books.

Judiciary

Intellectual property laws (patents, copyrights) are vital for high-tech electronic manufacturing. Antitrust enforcement also shapes the competitive landscape for Fabrinet, its suppliers, and its customers in the tech sector.

Armed Services

Fabrinet, as an electronic manufacturer, is highly likely to be a supplier to defense contractors or directly involved in defense-related R&D. This committee's authorization of the NDAA directly dictates funding and demand in this critical sector.

Commerce, Science, and Transportation

This committee has vast jurisdiction over interstate commerce, technology policy, and R&D. It directly impacts the regulatory environment for electronic manufacturers, their supply chains, and the customers in the broader 'Big Tech' ecosystem.

Foreign Relations

As an electronic manufacturer, Fabrinet likely relies on global supply chains and international markets. Foreign policy, sanctions, and trade relations directly impact component sourcing, export opportunities, and geopolitical risks for manufacturing operations.