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 17,437 - -
Change - -13.06% 50.08% 94.37% 18.83% 64.62% - -
Enterprise Value (EV) 1 3,251 2,885 4,367 8,504 10,286 16,988 16,764 16,459
Change - -11.26% 51.37% 94.74% 20.95% 65.16% -1.32% -1.82%
P/E 24.1x 15.5x - 30.4x 32.2x 38.1x 29.9x 24.8x
PBR 3.16x 2.44x 3.11x 5.11x 5.33x 7.26x 6.05x 5.03x
PEG - 0.4x - - 2.4x 1x 1.1x 1.2x
Capitalization / Revenue 1.87x 1.35x 1.73x 3.09x 3.1x 3.79x 3.08x 2.54x
EV / Revenue 1.73x 1.28x 1.65x 2.95x 3.01x 3.69x 2.96x 2.4x
EV / EBITDA 15.2x 10.6x 13.4x 24x 24.8x 30.2x 23.3x 18.2x
EV / EBIT 18.3x 12.3x 15.5x 27.8x 28.5x 34.8x 26.9x 21.9x
EV / FCF 42.7x 83.2x 28.7x 23.3x 49.6x 95.4x 40.7x 29.6x
FCF Yield 2.34% 1.2% 3.48% 4.3% 2.02% 1.05% 2.45% 3.38%
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 1 177.8 234.1 280.9 306 360.7 488.7 622.1 753
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 83.07 126.35 246.62 295.62 486.65 486.65 486.65
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.($)
38.11x3.69x30.18x-.--% 17.44B
33.82x6.08x18.84x0.65% 193B
34.51x13.74x28.92x0.34% 114B
13.71x0.29x6.71x3.72% 104B
49.41x7.88x25.75x0.76% 102B
21.22x1.22x13.69x0.53% 68.65B
77.62x7.55x36.68x0.21% 69.93B
73.8x8.76x37.19x0.01% 58.57B
18.78x3.2x12.1x1.47% 58.77B
42.89x9.47x28.96x0.91% 50.96B
Average 40.39x 6.19x 23.90x 0.86% 83.83B
Weighted average by Cap. 38.32x 6.49x 22.28x 0.97%

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