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 17,298 - -
Change - -13.06% 50.08% 94.37% 18.83% 63.31% - -
Enterprise Value (EV) 1 3,251 2,885 4,367 8,504 10,286 16,850 16,625 16,320
Change - -11.26% 51.37% 94.74% 20.95% 63.81% -1.33% -1.84%
P/E 24.1x 15.5x - 30.4x 32.2x 37.8x 29.6x 24.6x
PBR 3.16x 2.44x 3.11x 5.11x 5.33x 7.2x 6x 4.99x
PEG - 0.4x - - 2.4x 1x 1.1x 1.2x
Capitalization / Revenue 1.87x 1.35x 1.73x 3.09x 3.1x 3.76x 3.06x 2.52x
EV / Revenue 1.73x 1.28x 1.65x 2.95x 3.01x 3.66x 2.94x 2.38x
EV / EBITDA 15.2x 10.6x 13.4x 24x 24.8x 29.9x 23.1x 18x
EV / EBIT 18.3x 12.3x 15.5x 27.8x 28.5x 34.1x 26.5x 21.2x
EV / FCF 42.7x 83.2x 28.7x 23.3x 49.6x 94.7x 40.4x 29.4x
FCF Yield 2.34% 1.2% 3.48% 4.3% 2.02% 1.06% 2.48% 3.4%
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 4,599 5,658 6,867
EBITDA 1 214.1 272.9 324.7 355 414.1 563 718.7 904.9
EBIT 1 177.8 234.1 280.9 306 360.7 494 627.9 769
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 -448.3 -672.4 -977.8
Reference price 2 95.29 83.07 126.35 246.62 295.62 482.78 482.78 482.78
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
37.81x3.66x29.93x-.--% 17.3B
35.34x6.3x19.61x0.63% 200B
33.86x13.47x28.36x0.35% 112B
13.59x0.29x6.63x3.78% 103B
51.81x8.23x26.94x0.73% 106B
82.02x7.97x38.75x0.2% 72.9B
22.48x1.3x14.37x0.45% 72.47B
80.7x9.53x40.48x0.01% 64.02B
48.38x10.65x32.57x0.8% 57.49B
38.52x2.13x23.54x-.--% 40.78B
Average 44.45x 6.36x 26.12x 0.69% 84.62B
Weighted average by Cap. 41.99x 6.76x 24.16x 0.86%

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