Company Analysis

Fabrinet (FN)

NYSE: FN · Telephone & Telegraph Apparatus · filing with the SEC since 2007
Grade6.8
◀ Past 8.0● Present 7.1▶ Future 5.2

The grade of Fabrinet

Nine metrics read from its own filings, by tense
Headline grade
6.8/10
◀ Past8.030% of the headline
● Present7.140% of the headline
▶ Future5.230% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

8.0/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
8.0/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 80th percentile among 10 sector filers · read for itself

From the record

Fabrinet's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
9.4/10

What has it actually done, year after year?

+14.1% a year over 10 filed years; profitable in 10 of 10.

weight 45% of this tense · 94th percentile among 10 sector filers · read for its customers

From the record

Fabrinet's 10 filed years say what it did: revenue went from $1.4 billion in fiscal 2017 to $4.6 billion in fiscal 2026, up 14.1% a year; it rose in 8 of 9 years; the deepest fall was 3% from fiscal 2017 to fiscal 2018; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span14.1%top 6% of its family
  • the share of years revenue rosetop 5% of its family
  • the share of filed years with a profittop 10% of its family
  • the deepest fall from a revenue peak3.4%top 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
5.0/10

How has it treated the people who own it?

Share count shrank 0.6% a year. 17% of cash flow returned. Insiders: 15 sales, 0 purchases.

weight 22% of this tense · 50th percentile among 7 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-06-26, Fabrinet's diluted share count shrank about 0.6% a year, and dividends and buybacks returned about 17% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 15 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 35% of its family
  • cash returned against operating cash flowbottom 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.1/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
6.3/10

Is it financially healthy right now?

ROE 19%: 19¢ of profit per shareholder dollar. Leverage 37%: owes 37¢ per asset dollar.

weight 45% of this tense · 63rd percentile among 10 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-06-26, Fabrinet earned about 19 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 14 cents per dollar of everything the company owns. Leverage: it owed about 37 cents per dollar of assets, and net share issuance: its share count was unchanged over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 25% of its family
  • return on equitytop 6% of its family
  • gross profit against assetsbottom 28% of its family
  • the share count against the year beforetop 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
8.7/10

How strong is its position in its industry?

top 13% of 9 in its family; net margin 10.2%.

weight 33% of this tense · 87th percentile among 9 sector filers · read for its customers

From the record

Fabrinet's standing among 9 graded names in its industry family: revenue of $4.6 billion in fiscal 2026 ranks in the top 17% by size; a net margin of 10.2% ranks in the top 17%; revenue growth of 20.7% a year over the last 3 filed years ranks in the top 6% (its annual reports).

What it rests on

  • revenue against the family$4.64Btop 17% of its family
  • net margin10.2%top 17% of its family
  • three-year revenue growth20.7%top 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.6/10

What are the people in charge doing?

top 34% of 8 in its family for leadership; chief executive since 2017.

weight 22% of this tense · 66th percentile among 8 sector filers · read for its shareholders

From the record

Fabrinet's leadership, from its insiders' filings and its current reports: the chief executive on the record is Grady, Seamus (Chief Executive Officer, as filed), filing under that title since 2017-09-26, 9.1 years (top 50% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 9.1 years (top 21%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (top 31%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge8 in three years among 11 peopletop 31% of its family
  • the median years the people in charge have filed9.1 yearstop 21% of its family
  • the chief executive's years on the record9.1 yearstop 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.2/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
2.8/10

How much room does it have to grow?

bottom 28% of 8 in its family for room to expand.

weight 45% of this tense · 28th percentile among 8 sector filers · read for itself

From the record

Fabrinet's room to grow, from the newest filed statements (fiscal 2026): cash of $347 million against no long-term debt tagged leaves 8.9% of its assets as net cash, bottom 45% of its family; cash from operations less capital spending is 0.1% of revenue (bottom 31%); a gross margin of 12% (bottom 6%) (its annual report).

What it rests on

  • cash less debt against assets8.9%bottom 45% of its family
  • cash from operations less capital spending against revenue0.1%bottom 31% of its family
  • gross margin12.0%bottom 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
8.1/10

What could actually drive growth from here?

top 19% of 10 in its family for growth drivers.

weight 33% of this tense · 81st percentile among 10 sector filers · read for its customers

From the record

Fabrinet's growth drivers, from the filed years to fiscal 2026: revenue grew 20.7% a year over the last three filed years against 14.1% over all 10, speeding up (top 17% of its family); the newest year grew 35.9% (top 17%); capital spending grew 60.5% a year (top 25%) (its annual reports). Fabrinet tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+6.6 points a yeartop 17% of its family
  • the newest year's revenue growth35.9%top 17% of its family
  • three-year growth of capital spending60.5%top 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.9/10

Did its newest year beat what its own record pointed to?

top 41% of 9 in its family for expectations against reality.

weight 22% of this tense · 59th percentile among 9 sector filers · read for its shareholders

From the record

Fabrinet's newest year against its own record: revenue of $4.6 billion in fiscal 2026 came in 19.3% above the $3.9 billion its prior three years' pace pointed to (top 50% of its family); net income of $473 million against a prior three-year average of $292 million (top 35%); a net margin of 10.2% against 9.8% before (top 39%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace19.3%top 50% of its family
  • net income against the prior three years' average+62%top 35% of its family
  • net margin against its prior average+0.4 pointstop 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton FN · research, not advice