David Mitchell - Fabrinet Chairman of the Board, Founder

FN Stock  USD 168.67  4.50  2.74%   

Chairman

Mr. David T. Mitchell is Chairman of the Board, Founder of Fabrinet. He is our founder and has served as our nonemployee chairman of the Board since June 2018. Mr. Mitchell previously served as our executive chairman of the Board from September 2017 until June 2018, as our chief executive officer and chairman of the Board from our inception in 2000 until September 2017, and as our president from 2000 to January 2011. In 1979, Mr. Mitchell cofounded Seagate Technology, a disk drive manufacturing company. Mr. Mitchell served as the president of Seagate Technology from 1983 to 1991. From 1992 to 1995, Mr. Mitchell served as the chief operating officer of Conner Peripherals, a disk drive manufacturing company. From 1995 to 1998, Mr. Mitchell served as the chief executive officer of JTS Corporationration, a mobile disk drive manufacturing company. During his tenure in the data storage industry, Mr. Mitchell established manufacturing operations in Singapore, Thailand, Malaysia, the PRC and India. Mr. Mitchell was a member of the board of directors of GigOptix, Inc. from June 2012 through July 2013 since 2018.
Age 82
Tenure 6 years
Address One Nexus Way, George Town, Cayman Islands, KY1-9005
Phone662 524 9600
Webhttps://www.fabrinet.com
Mitchell earned a bachelor of science degree in economics from Montana State University.

Fabrinet Management Efficiency

The company has Return on Asset (ROA) of 0.0803 % which means that for every $100 of assets, it generated a profit of $0.0803. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1698 %, which means that it produced $0.1698 on every 100 dollars invested by current stockholders. Fabrinet's management efficiency ratios could be used to measure how well Fabrinet manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of April 2024, Return On Tangible Assets is likely to drop to 0.11. In addition to that, Return On Capital Employed is likely to drop to 0.18. At this time, Fabrinet's Net Tangible Assets are very stable compared to the past year.
The company reports 13.42 M of total liabilities with total debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from financial leverage. Fabrinet has a current ratio of 2.89, indicating that it is in good position to pay out its debt commitments in time. Debt can assist Fabrinet until it has trouble settling it off, either with new capital or with free cash flow. So, Fabrinet's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fabrinet sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fabrinet to invest in growth at high rates of return. When we think about Fabrinet's use of debt, we should always consider it together with cash and equity.

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Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company was incorporated in 1999 and is based in George Town, the Cayman Islands. Fabrinet is traded on New York Stock Exchange in the United States. Fabrinet (FN) is traded on New York Stock Exchange in USA. It is located in One Nexus Way, George Town, Cayman Islands, KY1-9005 and employs 14,663 people. Fabrinet is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification.

Management Performance

Fabrinet Leadership Team

Elected by the shareholders, the Fabrinet's board of directors comprises two types of representatives: Fabrinet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fabrinet. The board's role is to monitor Fabrinet's management team and ensure that shareholders' interests are well served. Fabrinet's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fabrinet's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jennifer Pedmore, IR Contact Officer
Gregory Dougherty, Independent Director
Colin Campbell, Sr. Corporate Council
Frank Levinson, Independent Director
Homa Bahrami, Independent Director
Edward Archer, Executive Vice President of Sales and Marketing
Darlene Knight, Director
Garo Toomajanian, IR Contact Officer
Harpal Gill, President of Fabrinet USA Inc, COO of Fabrinet USA Inc and Executive VP of Operations of Fabrinet Co Ltd
David Mitchell, Chairman of the Board, Founder
Virapan Pulges, Independent Director
Csaba Sverha, Chief Financial Officer, Executive Vice President
Rollance Olson, Lead Independent Director
Hong Hou, Chief Technical Officer and Executive VP
George Mitchell, USA Europe
TohSeng Ng, Executive Vice President, Chief Financial Officer of Fabrinet USA, Inc.
Thomas Kelly, Independent Director
Seamus Grady, Chief Executive Officer, Director

Fabrinet Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Fabrinet a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Fabrinet offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fabrinet's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fabrinet Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fabrinet Stock:
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When running Fabrinet's price analysis, check to measure Fabrinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fabrinet is operating at the current time. Most of Fabrinet's value examination focuses on studying past and present price action to predict the probability of Fabrinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fabrinet's price. Additionally, you may evaluate how the addition of Fabrinet to your portfolios can decrease your overall portfolio volatility.
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Is Fabrinet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fabrinet. If investors know Fabrinet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fabrinet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.105
Earnings Share
6.93
Revenue Per Share
74.744
Quarterly Revenue Growth
0.066
Return On Assets
0.0803
The market value of Fabrinet is measured differently than its book value, which is the value of Fabrinet that is recorded on the company's balance sheet. Investors also form their own opinion of Fabrinet's value that differs from its market value or its book value, called intrinsic value, which is Fabrinet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fabrinet's market value can be influenced by many factors that don't directly affect Fabrinet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fabrinet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fabrinet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fabrinet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.