FN RSI Chart
Last 7 days
20.9%
Last 30 days
11.6%
Last 90 days
8.8%
Trailing 12 Months
123.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 2.8B | 0 | 0 | 0 |
2023 | 2.6B | 2.6B | 2.7B | 2.7B |
2022 | 2.2B | 2.3B | 2.4B | 2.5B |
2021 | 1.8B | 1.9B | 2.0B | 2.1B |
2020 | 1.6B | 1.6B | 1.7B | 1.7B |
2019 | 1.5B | 1.6B | 1.6B | 1.6B |
2018 | 1.4B | 1.4B | 1.4B | 1.5B |
2017 | 1.3B | 1.4B | 1.4B | 1.4B |
2016 | 906.8M | 976.7M | 1.1B | 1.2B |
2015 | 727.2M | 773.6M | 800.7M | 845.4M |
2014 | 677.7M | 677.9M | 695.6M | 705.4M |
2013 | 624.4M | 641.5M | 654.5M | 665.6M |
2012 | 612.3M | 564.7M | 537.0M | 607.8M |
2011 | 663.8M | 743.6M | 756.2M | 668.2M |
2010 | 0 | 424.5M | 504.3M | 584.1M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 07, 2024 | kelly thomas f | gifted | - | - | -240 | - |
Mar 07, 2024 | kelly thomas f | sold | -2,221,680 | 222 | -10,000 | - |
Feb 29, 2024 | gill harpal | sold | -4,625,490 | 215 | -21,464 | president & coo |
Feb 16, 2024 | bahrami homa | sold | -911,088 | 202 | -4,500 | - |
Feb 12, 2024 | olson rollance e. | sold | -2,055,200 | 205 | -10,000 | - |
Dec 12, 2023 | kelly thomas f | acquired | - | - | 1,282 | - |
Dec 12, 2023 | bahrami homa | acquired | - | - | 1,282 | - |
Dec 12, 2023 | mitchell david t. | acquired | - | - | 1,282 | - |
Dec 12, 2023 | olson rollance e. | acquired | - | - | 1,282 | - |
Dec 12, 2023 | knight darlene s. | acquired | - | - | 1,282 | - |
Which funds bought or sold FN recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 06, 2024 | TEXAS PERMANENT SCHOOL FUND CORP | added | 1.25 | 32,793 | 6,006,300 | 0.05% |
May 06, 2024 | SG Americas Securities, LLC | added | 144 | 249,000 | 423,000 | -% |
May 06, 2024 | NEW YORK LIFE INVESTMENT MANAGEMENT LLC | reduced | -2.53 | -25,049 | 758,159 | 0.01% |
May 06, 2024 | Advisory Services Network, LLC | sold off | -100 | -17,510 | - | -% |
May 06, 2024 | TEACHER RETIREMENT SYSTEM OF TEXAS | reduced | -19.09 | -443,000 | 1,810,000 | 0.01% |
May 06, 2024 | Envestnet Portfolio Solutions, Inc. | added | 3.07 | 17,847 | 775,360 | -% |
May 06, 2024 | Parallel Advisors, LLC | added | 6.8 | 2,376 | 41,584 | -% |
May 06, 2024 | HighTower Advisors, LLC | added | 6.04 | 46,000 | 840,000 | -% |
May 06, 2024 | Empowered Funds, LLC | sold off | -100 | -379,708 | - | -% |
May 06, 2024 | DiNuzzo Private Wealth, Inc. | unchanged | - | -6.00 | 946 | -% |
Unveiling Fabrinet's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Fabrinet)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AAPL | 2.8T | 381.6B | 27.86 | 7.33 | ||||
APH | 74.9B | 12.8B | 36.76 | 5.83 | ||||
GLW | 28.6B | 12.4B | 46.36 | 2.31 | ||||
FTV | 27.1B | 6.1B | 30.14 | 4.42 | ||||
FLEX | 12.3B | 29.4B | 16.29 | 0.42 | ||||
MID-CAP | ||||||||
CGNX | 7.9B | 847.2M | 79.08 | 9.3 | ||||
ARW | 6.8B | 31.3B | 9.48 | 0.22 | ||||
BMI | 5.6B | 740.8M | 54.92 | 7.59 | ||||
AVT | 4.6B | 24.7B | 8.08 | 0.19 | ||||
ESE | 2.8B | 968.8M | 30.28 | 2.91 | ||||
SMALL-CAP | ||||||||
CNXN | 1.6B | 2.8B | 20.06 | 0.6 | ||||
BHE | 1.4B | 2.8B | 21.39 | 0.5 | ||||
GPRO | 278.0M | 986.2M | -0.77 | 0.28 | ||||
AEY | 32.0M | 56.7M | -3.8 | 0.59 | ||||
CPSH | 25.7M | 26.4M | 33.46 | 0.97 |
Fabrinet News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 2.6% | 732 | 713 | 685 | 656 | 665 | 669 | 655 | 588 | 564 | 567 | 543 | 510 | 479 | 454 | 437 | 405 | 411 | 426 | 399 | 405 | 399 |
Cost Of Revenue | 2.6% | 641 | 624 | 601 | 574 | 579 | 583 | 573 | 513 | 494 | 497 | 480 | 448 | 423 | 401 | 386 | 358 | 367 | 377 | 353 | 359 | 352 |
Gross Profit | 2.9% | 91.00 | 88.00 | 84.00 | 82.00 | 86.00 | 85.00 | 83.00 | 75.00 | 71.00 | 69.00 | 64.00 | 61.00 | 57.00 | 53.00 | 50.00 | 47.00 | 44.00 | 49.00 | 46.00 | 47.00 | 47.00 |
S&GA Expenses | 1.6% | 20.00 | 19.00 | 20.00 | 20.00 | 18.00 | 19.00 | 21.00 | 19.00 | 17.00 | 18.00 | 21.00 | 17.00 | 19.00 | 17.00 | 17.00 | 18.00 | 17.00 | 17.00 | 16.00 | 14.00 | 14.00 |
EBITDA Margin | 4.0% | 0.12* | 0.12* | 0.12* | 0.12* | 0.11* | 0.11* | 0.11* | 0.11* | 0.10* | 0.10* | 0.10* | 0.10* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -27.8% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | 2.00 | 1.00 |
Income Taxes | -36.8% | 2.00 | 4.00 | 5.00 | 6.00 | 4.00 | 1.00 | 1.00 | 2.00 | 3.00 | 1.00 | 1.00 | -2.07 | 2.00 | 1.00 | 2.00 | 1.00 | 1.00 | 2.00 | 2.00 | 1.00 | 1.00 |
Earnings Before Taxes | 14.3% | 83.00 | 73.00 | 70.00 | 67.00 | 63.00 | 64.00 | 65.00 | 58.00 | 54.00 | 50.00 | 45.00 | 40.00 | 39.00 | 36.00 | 35.00 | 29.00 | 29.00 | 33.00 | 28.00 | 34.00 | 30.00 |
EBT Margin | 4.7% | 0.11* | 0.10* | 0.10* | 0.10* | 0.10* | 0.10* | 0.10* | 0.09* | 0.09* | 0.08* | 0.08* | 0.08* | - | - | - | - | - | - | - | - | - |
Net Income | 17.1% | 81.00 | 69.00 | 65.00 | 61.00 | 59.00 | 63.00 | 65.00 | 56.00 | 51.00 | 49.00 | 45.00 | 42.00 | 37.00 | 35.00 | 33.00 | 28.00 | 28.00 | 31.00 | 26.00 | 33.00 | 29.00 |
Net Income Margin | 5.9% | 0.10* | 0.09* | 0.09* | 0.09* | 0.09* | 0.09* | 0.09* | 0.09* | 0.09* | 0.08* | 0.08* | 0.08* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 17.4% | 87.00 | 74.00 | 134 | 53.00 | 17.00 | 31.00 | 50.00 | 2.00 | 27.00 | 1.00 | 4.00 | 30.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 4.9% | 2,237 | 2,133 | 2,019 | 1,980 | 2,029 | 1,968 | 1,864 | 1,836 | 1,780 | 1,751 | 1,681 | 1,616 | 1,502 | 1,498 | 1,425 | 1,382 | 1,330 | 1,315 | 1,290 | 1,255 | 1,211 |
Current Assets | 6.1% | 1,916 | 1,806 | 1,692 | 1,653 | 1,705 | 1,648 | 1,552 | 1,525 | 1,470 | 1,440 | 1,389 | 1,353 | 1,255 | 1,252 | 1,180 | 1,135 | 1,093 | 1,071 | 1,051 | 1,024 | 988 |
Cash Equivalents | 15.3% | 385 | 334 | 308 | 231 | 231 | 251 | 255 | 198 | 269 | 277 | 270 | 303 | 247 | 219 | 189 | 233 | 224 | 220 | 169 | 188 | 166 |
Inventory | 9.5% | 454 | 415 | 440 | 520 | 554 | 537 | 528 | 557 | 453 | 485 | 465 | 422 | 353 | 372 | 339 | 310 | 290 | 294 | 322 | 294 | 285 |
Net PPE | -0.9% | 303 | 306 | 307 | 310 | 308 | 302 | 295 | 292 | 292 | 291 | 272 | 241 | 229 | 228 | 228 | 228 | 218 | 217 | 212 | 211 | 209 |
Goodwill | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
Liabilities | 10.5% | 577 | 522 | 489 | 511 | 587 | 584 | 562 | 582 | 551 | 552 | 535 | 504 | 428 | 461 | 425 | 408 | 397 | 387 | 399 | 392 | 382 |
Current Liabilities | 11.8% | 544 | 487 | 455 | 482 | 555 | 550 | 526 | 538 | 503 | 500 | 479 | 444 | 366 | 395 | 355 | 334 | 327 | 313 | 323 | 313 | 306 |
Long Term Debt | - | - | - | - | - | 3.00 | 6.00 | 9.00 | 15.00 | 18.00 | 21.00 | 24.00 | 27.00 | 30.00 | 33.00 | 36.00 | 40.00 | 43.00 | 46.00 | 49.00 | 58.00 | - |
LT Debt, Current | -50.0% | 3.00 | 6.00 | 9.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 3.00 | 3.00 |
LT Debt, Non Current | - | - | - | - | - | 3.00 | 6.00 | 9.00 | 15.00 | 18.00 | 21.00 | 24.00 | 27.00 | 30.00 | 33.00 | 36.00 | 40.00 | 43.00 | 46.00 | 49.00 | 58.00 | - |
Shareholder's Equity | 3.0% | 1,660 | 1,611 | 1,530 | 1,469 | 1,442 | 1,384 | 1,302 | 1,254 | 1,229 | 1,199 | 1,146 | 1,113 | 1,074 | 1,037 | 1,001 | 974 | 933 | 928 | 891 | 863 | 829 |
Retained Earnings | 5.1% | 1,680 | 1,599 | 1,530 | 1,465 | 1,404 | 1,344 | 1,281 | 1,217 | 1,160 | 1,110 | 1,061 | 1,016 | 974 | 936 | 901 | 868 | 840 | 812 | 781 | 755 | 722 |
Additional Paid-In Capital | 3.0% | 216 | 209 | 202 | 207 | 200 | 194 | 188 | 197 | 191 | 186 | 180 | 189 | 183 | 177 | 172 | 176 | 172 | 166 | 160 | 158 | 155 |
Shares Outstanding | -0.4% | 36.00 | 36.00 | 36.00 | 36.00 | 37.00 | 37.00 | 37.00 | 36.00 | 37.00 | 37.00 | 37.00 | 37.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | - | - | 4,700 | - | - | - | 4,400 | - | - | - | 2,800 | - | - | - | 2,300 | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 19.8% | 100,870 | 84,165 | 145,049 | 71,088 | 37,122 | 44,466 | 60,634 | 16,349 | 50,329 | 20,657 | 36,911 | 42,841 | 38,002 | 6,808 | 34,506 | 46,212 | 51,838 | 49,963 | 2,647 | 41,890 | 36,206 |
Share Based Compensation | -3.7% | 6,726 | 6,981 | 7,733 | 6,910 | 6,719 | 6,775 | 7,723 | 6,347 | 5,723 | 6,686 | 9,292 | 6,720 | 6,864 | 5,851 | 6,027 | 3,902 | 6,118 | 6,188 | 5,995 | 3,784 | 4,424 |
Cashflow From Investing | 65.6% | -16,762 | -48,773 | -53,080 | -28,268 | -48,869 | -44,947 | 23,367 | -52,325 | -29,441 | -6,242 | -47,535 | 27,480 | -12,068 | 34,088 | -58,434 | -42,327 | -23,190 | -17,407 | 11,676 | -19,022 | -92,186 |
Cashflow From Financing | -242.7% | -32,982 | -9,624 | -15,194 | -41,833 | -8,106 | -3,560 | -27,485 | -34,730 | -28,431 | -7,661 | -22,112 | -13,839 | -5,286 | -10,562 | -13,067 | -3,305 | -24,234 | -3,360 | -4,406 | -1,160 | -8,414 |
Buy Backs | 364.1% | 29,571 | 6,372 | - | 38,358 | 4,113 | 204 | 4,900 | 31,291 | 24,426 | 4,198 | - | 10,530 | 1,238 | - | - | - | 20,722 | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Dec. 29, 2023 | Dec. 30, 2022 | Dec. 29, 2023 | Dec. 30, 2022 | |
Income Statement [Abstract] | ||||
Revenues | $ 712,694 | $ 668,656 | $ 1,398,171 | $ 1,324,085 |
Cost of revenues | (624,364) | (583,441) | (1,225,437) | (1,156,114) |
Gross profit | 88,330 | 85,215 | 172,734 | 167,971 |
Selling, general and administrative expenses | (19,316) | (18,930) | (39,745) | (39,495) |
Operating income | 69,014 | 66,285 | 132,989 | 128,476 |
Interest income | 7,748 | 2,334 | 13,646 | 3,893 |
Interest expense | (36) | (389) | (81) | (780) |
Foreign exchange gain (loss), net | (3,788) | (3,904) | (3,373) | (1,819) |
Other income (expense), net | (35) | (68) | (115) | (209) |
Income before income taxes | 72,903 | 64,258 | 143,066 | 129,561 |
Income tax expense | (3,793) | (1,101) | (8,867) | (1,789) |
Net income | 69,110 | 63,157 | 134,199 | 127,772 |
Other comprehensive income (loss), net of tax: | ||||
Change in net unrealized gain (loss) on available-for-sale securities | 2,946 | 1,183 | 3,894 | (278) |
Change in net unrealized gain (loss) on derivative instruments | 8,951 | 11,188 | 8,390 | 9,970 |
Change in net retirement benefits plan – prior service cost | 8 | 57 | 134 | 225 |
Change in foreign currency translation adjustment | (206) | (84) | (106) | 162 |
Total other comprehensive income (loss), net of tax | 11,699 | 12,344 | 12,312 | 10,079 |
Net comprehensive income | $ 80,809 | $ 75,501 | $ 146,511 | $ 137,851 |
Earnings per share | ||||
Basic (in USD per share) | $ 1.90 | $ 1.73 | $ 3.70 | $ 3.50 |
Diluted (in USD per share) | $ 1.89 | $ 1.71 | $ 3.67 | $ 3.47 |
Weighted-average number of ordinary shares outstanding (thousands of shares) | ||||
Basic (in shares) | 36,328 | 36,589 | 36,292 | 36,558 |
Diluted (in shares) | 36,639 | 36,939 | 36,560 | 36,848 |
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands | Dec. 29, 2023 | Jun. 30, 2023 |
---|---|---|
Current assets | ||
Cash and cash equivalents | $ 334,053 | $ 231,368 |
Short-term investments | 406,540 | 319,100 |
Trade accounts receivable, net of allowance for expected credit losses of $2,741 and $965, respectively | 584,614 | 531,767 |
Inventories | 414,758 | 519,576 |
Prepaid expenses | 5,952 | 7,849 |
Other current assets | 60,446 | 42,880 |
Total current assets | 1,806,363 | 1,652,540 |
Non-current assets | ||
Property, plant and equipment, net | 306,019 | 310,350 |
Intangibles, net | 2,549 | 2,394 |
Operating right-of-use assets | 5,767 | 1,634 |
Deferred tax assets | 11,804 | 12,095 |
Other non-current assets | 636 | 635 |
Total non-current assets | 326,775 | 327,108 |
Total Assets | 2,133,138 | 1,979,648 |
Current liabilities | ||
Long-term borrowings, current portion, net | 6,078 | 12,156 |
Trade accounts payable | 376,556 | 381,129 |
Fixed assets payable | 12,983 | 13,526 |
Operating lease liabilities, current portion | 1,425 | 1,201 |
Income tax payable | 7,581 | 6,024 |
Accrued payroll, bonus and related expenses | 20,174 | 23,748 |
Accrued expenses | 16,119 | 20,447 |
Other payables | 45,861 | 23,654 |
Total current liabilities | 486,777 | 481,885 |
Non-current liabilities | ||
Deferred tax liability | 4,546 | 4,799 |
Operating lease liability, non-current portion | 3,956 | 66 |
Severance liabilities | 24,505 | 22,159 |
Other non-current liabilities | 1,972 | 2,081 |
Total non-current liabilities | 34,979 | 29,105 |
Total Liabilities | 521,756 | 510,990 |
Commitments and contingencies (Note 15) | ||
Shareholders’ equity | ||
Preferred shares (5,000,000 shares authorized, $0.01 par value; no shares issued and outstanding as of December 29, 2023 and June 30, 2023) | 0 | 0 |
Ordinary shares (500,000,000 shares authorized, $0.01 par value; 39,435,354 shares and 39,284,176 shares issued as of December 29, 2023 and June 30, 2023, respectively; and 36,296,621 shares and 36,183,682 shares outstanding as of December 29, 2023 and June 30, 2023, respectively) | 394 | 393 |
Additional paid-in capital | $ 209,208 | $ 206,624 |
Treasury stocks, shares (in shares) | 3,138,733 | 3,100,494 |
Less: Treasury shares (3,138,733 shares and 3,100,494 shares as of December 29, 2023 and June 30, 2023, respectively) | $ (201,205) | $ (194,833) |
Accumulated other comprehensive income (loss) | 4,197 | (8,115) |
Retained earnings | 1,598,788 | 1,464,589 |
Total Shareholders’ Equity | 1,611,382 | 1,468,658 |
Total Liabilities and Shareholders’ Equity | $ 2,133,138 | $ 1,979,648 |
 | Mr. Seamus Grady |
---|---|
 | fabrinet.com |
 | Consumer Electronics |
 | 14663 |