Company Valuation: Fabrinet

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,515 3,056 4,586 8,914 10,592 17,141 - -
Change - -13.06% 50.08% 94.37% 18.83% 61.82% - -
Enterprise Value (EV) 1 3,251 2,885 4,367 8,504 10,286 16,697 16,475 16,174
Change - -11.26% 51.37% 94.74% 20.95% 62.33% -1.33% -1.83%
P/E 24.1x 15.5x - 30.4x 32.2x 37.5x 29.4x 24.4x
PBR 3.16x 2.44x 3.11x 5.11x 5.33x 7.14x 5.95x 4.94x
PEG - 0.4x - - 2.4x 1x 1.1x 1.2x
Capitalization / Revenue 1.87x 1.35x 1.73x 3.09x 3.1x 3.73x 3.03x 2.49x
EV / Revenue 1.73x 1.28x 1.65x 2.95x 3.01x 3.63x 2.91x 2.35x
EV / EBITDA 15.2x 10.6x 13.4x 24x 24.8x 29.6x 22.9x 17.8x
EV / EBIT 18.3x 12.3x 15.5x 27.8x 28.5x 34.2x 26.5x 21.4x
EV / FCF 42.7x 83.2x 28.7x 23.3x 49.6x 96.2x 40.3x 29.3x
FCF Yield 2.34% 1.2% 3.48% 4.3% 2.02% 1.04% 2.48% 3.41%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 3.95 5.36 - 8.1 9.17 12.77 16.29 19.62
Distribution rate - - - - - - - -
Net sales 1 1,879 2,262 2,645 2,883 3,419 4,601 5,662 6,884
EBITDA 1 214.1 272.9 324.7 355 414.1 563.6 718 909.2
EBIT 1 177.8 234.1 280.9 306 360.7 488.9 621.8 755.5
Net income 1 148.3 - - 296.2 332.5 462.9 591.1 711.8
Net Debt 1 -263.5 -170.8 -219.2 -410 -306.4 -443.6 -665.2 -967
Reference price 2 95.29 83.07 126.35 246.62 295.62 478.39 478.39 478.39
Nbr of stocks (in thousands) 36,884 36,785 36,297 36,145 35,831 35,830 - -
Announcement Date 8/16/21 8/15/22 8/21/23 8/19/24 8/18/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.46x3.63x29.63x-.--% 17.14B
32.56x5.86x18.14x0.67% 186B
13.42x0.29x6.56x3.8% 101B
30.79x12.14x25.9x0.39% 99.33B
41.44x6.56x21.43x0.91% 85.56B
20.37x1.17x13.1x0.55% 65.49B
70.15x6.82x33.15x0.24% 63.32B
18.82x3.23x12.21x1.46% 59.35B
68.43x8.16x34.62x0.01% 54.31B
37.57x8.33x25.45x1.03% 44.36B
Average 37.10x 5.62x 22.02x 0.91% 77.61B
Weighted average by Cap. 34.71x 5.75x 20.16x 1.04%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield