Fabrinet Stock Performance
| FN Stock | USD 162.32 2.88 1.74% |
The firm shows a Beta (market volatility) of 0.96, which means possible diversification benefits within a given portfolio. Fabrinet returns are very sensitive to returns on the market. As the market goes up or down, Fabrinet is expected to follow. Fabrinet has an expected return of -0.28%. Please make sure to confirm Fabrinet maximum drawdown, and the relationship between the information ratio and accumulation distribution , to decide if Fabrinet performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Fabrinet has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in May 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Actual Historical Performance (%)
One Day Return (0.55) | Five Day Return (5.94) | Year To Date Return (12.65) | Ten Year Return 676.32 | All Time Return 1.4 K |
1 | Fabrinet Issues Q3 2024 Earnings Guidance | 02/06/2024 |
2 | Disposition of 4500 shares by Homa Bahrami of Fabrinet at 202.464 subject to Rule 16b-3 | 02/16/2024 |
3 | Natixis Advisors L.P. Has 14.04 Million Stock Holdings in Fabrinet | 02/28/2024 |
4 | 1000 Invested In Fabrinet 10 Years Ago Would Be Worth This Much Today | 03/08/2024 |
5 | Director Thomas Kelly Sells 10,000 Shares of Fabrinet | 03/11/2024 |
6 | Disposition of 5000 shares by Rollance Olson of Fabrinet at 207.792 subject to Rule 16b-3 | 03/18/2024 |
7 | Fabrinet stock jumps after Northland upgrades to Outperform, raises PT | 03/21/2024 |
8 | Fabrinet Stock Price Down 3.1 percent Following Analyst Downgrade - MarketBeat | 03/25/2024 |
9 | Steven Scruggs Adjusts Portfolio, Notably Reduces Fabrinet Stake by 1.96 | 04/11/2024 |
10 | Allspring Global Investments Holdings LLC Increases Position in Fabrinet - MarketBeat | 04/17/2024 |
| Begin Period Cash Flow | 198.4 M | |
| Total Cashflows From Investing Activities | -98.7 M |
Fabrinet |
Fabrinet Relative Risk vs. Return Landscape
If you would invest 20,336 in Fabrinet on January 20, 2024 and sell it today you would lose (4,104) from holding Fabrinet or give up 20.18% of portfolio value over 90 days. Fabrinet is generating negative expected returns and assumes 3.7039% volatility on return distribution over the 90 days horizon. Put differently, 32% of stocks are less risky than Fabrinet on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Fabrinet Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fabrinet's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Fabrinet, and traders can use it to determine the average amount a Fabrinet's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0757
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| Negative Returns | FN |
Estimated Market Risk
| 3.7 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fabrinet is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fabrinet by adding Fabrinet to a well-diversified portfolio.
Fabrinet Fundamentals Growth
Fabrinet Stock prices reflect investors' perceptions of the future prospects and financial health of Fabrinet, and Fabrinet fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Fabrinet Stock performance.
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0803 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 5.55 B | ||||
| Shares Outstanding | 36.31 M | ||||
| Price To Earning | 23.57 X | ||||
| Price To Book | 3.91 X | ||||
| Price To Sales | 2.31 X | ||||
| Revenue | 2.65 B | ||||
| Gross Profit | 278.59 M | ||||
| EBITDA | 313.51 M | ||||
| Net Income | 247.91 M | ||||
| Cash And Equivalents | 401 K | ||||
| Cash Per Share | 13.66 X | ||||
| Total Debt | 13.42 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 2.95 X | ||||
| Book Value Per Share | 44.40 X | ||||
| Cash Flow From Operations | 213.31 M | ||||
| Earnings Per Share | 6.93 X | ||||
| Market Capitalization | 6.28 B | ||||
| Total Asset | 1.98 B | ||||
| Retained Earnings | 1.46 B | ||||
| Working Capital | 1.17 B | ||||
| Current Asset | 673.29 M | ||||
| Current Liabilities | 255.72 M | ||||
About Fabrinet Performance
To evaluate Fabrinet Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Fabrinet generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Fabrinet Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Fabrinet market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Fabrinet's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 73.92 | 58.56 | |
| Return On Tangible Assets | 0.14 | 0.11 | |
| Return On Capital Employed | 0.19 | 0.18 | |
| Return On Assets | 0.14 | 0.11 | |
| Return On Equity | 0.19 | 0.18 |
Things to note about Fabrinet performance evaluation
Checking the ongoing alerts about Fabrinet for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Fabrinet help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Fabrinet generated a negative expected return over the last 90 days | |
| Fabrinet has high historical volatility and very poor performance | |
| Over 100.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Allspring Global Investments Holdings LLC Increases Position in Fabrinet - MarketBeat |
- Analyzing Fabrinet's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Fabrinet's stock is overvalued or undervalued compared to its peers.
- Examining Fabrinet's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Fabrinet's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fabrinet's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Fabrinet's stock. These opinions can provide insight into Fabrinet's potential for growth and whether the stock is currently undervalued or overvalued.
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.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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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.