Added to YB: 2026-08-24
Pitch date: 2026-08-19
FN [bullish]
Fabrinet
Author Info
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Company Info
Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, Europe, and internationally.
Market Cap
$16.3B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
28.93
P/E
34.83
EV/Sales
3.32
Sector
Electronic Equipment, Instruments and Components
Category
growth
FN Earnings Debrief. Big Dip. Opportunity or Not?
FN (added to position): Down 20% on semis selloff. Q4 DC rev $669M (+69% YoY), now 51% of total; DCI ~$1B run-rate w/ 'insatiable' demand, visibility to CY27+. Capacity roadmap to $12.5-14B rev (from $5.3B). FY27 may grow faster than FY26 (+36%). Concerns: -$37M FCF, inventory spike, flat legacy datacom, margins stable not exploding. At $475, ~3.0x run-rate sales, 28x earnings (vs 4.2x/39.5x pre-print). Building position in 470s, DCA long-term.
Read full article (4 min)