Fabrinet Cost of Revenue vs Price to Sales Ratio Analysis
FN Stock | USD 164.17 1.85 1.14% |
Fabrinet financial indicator trend analysis is much more than just examining Fabrinet latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fabrinet is a good investment. Please check the relationship between Fabrinet Cost Of Revenue and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fabrinet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.
Cost Of Revenue vs Price To Sales Ratio
Cost of Revenue vs Price to Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fabrinet Cost of Revenue account and Price to Sales Ratio. At this time, the significance of the direction appears to have very week relationship.
The correlation between Fabrinet's Cost of Revenue and Price to Sales Ratio is 0.26. Overlapping area represents the amount of variation of Cost of Revenue that can explain the historical movement of Price to Sales Ratio in the same time period over historical financial statements of Fabrinet, assuming nothing else is changed. The correlation between historical values of Fabrinet's Cost of Revenue and Price to Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost of Revenue of Fabrinet are associated (or correlated) with its Price to Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price to Sales Ratio has no effect on the direction of Cost of Revenue i.e., Fabrinet's Cost of Revenue and Price to Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cost Of Revenue
Cost of Revenue is found on Fabrinet income statement and represents the costs associated with goods and services Fabrinet provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Fabrinet stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Fabrinet sales, a figure that is much harder to manipulate than other Fabrinet multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Most indicators from Fabrinet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fabrinet current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fabrinet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.As of the 23rd of April 2024, Tax Provision is likely to grow to about 14.7 M, while Selling General Administrative is likely to drop about 45.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 432K | 1.5M | 1.7M | 2.0M | Depreciation And Amortization | 39.5M | 43.8M | 50.4M | 52.9M |
Fabrinet fundamental ratios Correlations
Click cells to compare fundamentals
Fabrinet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fabrinet fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4B | 1.6B | 1.8B | 2.0B | 2.3B | 2.4B | |
Short Long Term Debt Total | 59.5M | 46.0M | 31.2M | 13.4M | 15.4M | 14.7M | |
Other Current Liab | 70.3M | 81.4M | 82.3M | 81.4M | 93.6M | 98.3M | |
Total Current Liabilities | 337.5M | 444.4M | 538.5M | 481.9M | 554.2M | 581.9M | |
Total Stockholder Equity | 974.4M | 1.1B | 1.3B | 1.5B | 1.7B | 1.8B | |
Property Plant And Equipment Net | 236.3M | 247.8M | 296.4M | 312.0M | 358.8M | 376.7M | |
Current Deferred Revenue | 1.6M | 1.7M | 2.0M | 6.0M | 5.4M | 3.4M | |
Net Debt | (165.9M) | (257.0M) | (166.8M) | (217.9M) | (196.2M) | (186.3M) | |
Retained Earnings | 868.1M | 1.0B | 1.2B | 1.5B | 1.7B | 1.8B | |
Accounts Payable | 251.6M | 346.6M | 439.7M | 381.1M | 438.3M | 460.2M | |
Cash | 225.4M | 303.0M | 198.0M | 231.4M | 266.1M | 161.9M | |
Non Current Assets Total | 246.5M | 263.6M | 310.5M | 327.1M | 376.2M | 395.0M | |
Non Currrent Assets Other | 202K | 1.8M | 652K | 635K | 730.3K | 1.1M | |
Cash And Short Term Investments | 488.1M | 547.9M | 478.2M | 550.5M | 633.0M | 664.7M | |
Net Receivables | 310.2M | 348.4M | 452.8M | 531.8M | 611.5M | 642.1M | |
Common Stock Total Equity | 385K | 388K | 390K | 393K | 452.0K | 381.4K | |
Common Stock Shares Outstanding | 37.7M | 37.6M | 37.4M | 36.9M | 42.4M | 38.6M | |
Liabilities And Stockholders Equity | 1.4B | 1.6B | 1.8B | 2.0B | 2.3B | 2.4B | |
Non Current Liabilities Total | 69.4M | 59.2M | 43.5M | 29.1M | 33.5M | 40.2M | |
Inventory | 309.8M | 422.1M | 557.1M | 519.6M | 597.5M | 627.4M | |
Other Current Assets | 13.9M | 22.6M | 25.2M | 42.9M | 49.3M | 51.8M | |
Other Stockholder Equity | 107.1M | 102.1M | 49.4M | 11.8M | 13.6M | 12.9M | |
Total Liab | 407.0M | 503.6M | 582.0M | 511.0M | 587.6M | 296.3M | |
Property Plant And Equipment Gross | 236.3M | 247.8M | 296.4M | 312.0M | 358.8M | 376.7M | |
Total Current Assets | 1.1B | 1.4B | 1.5B | 1.7B | 1.9B | 2.0B | |
Accumulated Other Comprehensive Income | (1.1M) | (6.3M) | (12.8M) | (8.1M) | (9.3M) | (9.8M) | |
Short Term Debt | 14.1M | 14.7M | 14.5M | 13.4M | 15.4M | 16.5M | |
Common Stock | 385K | 388K | 390K | 393K | 452.0K | 386.6K | |
Other Liab | 21.4M | 24.0M | 28.0M | 26.7M | 30.7M | 32.3M | |
Other Assets | 5.9M | 11.4M | 10.6M | 12.7M | 14.6M | 15.4M | |
Long Term Debt | 60.9M | 57.7M | 39.5M | 27.4M | 15.2M | 0.0 | |
Intangible Assets | 4.3M | 4.4M | 3.5M | 2.4M | 2.8M | 2.4M | |
Property Plant Equipment | 236.3M | 247.8M | 296.4M | 310.4M | 356.9M | 178.6M | |
Short Term Investments | 262.7M | 245.0M | 280.2M | 319.1M | 367.0M | 385.3M | |
Net Tangible Assets | 970.1M | 1.1B | 1.3B | 1.5B | 1.7B | 1.8B | |
Retained Earnings Total Equity | 868.1M | 1.0B | 1.2B | 1.5B | 1.7B | 1.8B | |
Long Term Debt Total | 61.5M | 57.8M | 39.5M | 27.4M | 15.3M | 0.0 | |
Capital Surpluse | 175.6M | 189.4M | 196.7M | 206.6M | 237.6M | 148.6M | |
Treasury Stock | (42.4M) | (47.8M) | (68.5M) | (87.3M) | (78.6M) | (74.7M) |
Fabrinet Investors Sentiment
The influence of Fabrinet's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Fabrinet. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Fabrinet's public news can be used to forecast risks associated with an investment in Fabrinet. The trend in average sentiment can be used to explain how an investor holding Fabrinet can time the market purely based on public headlines and social activities around Fabrinet. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Fabrinet's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Fabrinet's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Fabrinet's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Fabrinet.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fabrinet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fabrinet's short interest history, or implied volatility extrapolated from Fabrinet options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fabrinet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Fabrinet Stock analysis
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.
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Share Portfolio Track or share privately all of your investments from the convenience of any device |
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.