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Fabrinet
Buy, Hold or Sell?

Let's analyse Fabrinet together

PenkeI guess you are interested in Fabrinet. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Fabrinet. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Fabrinet (30 sec.)










What can you expect buying and holding a share of Fabrinet? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
$43.98
Expected worth in 1 year
$50.49
How sure are you?
97.5%

+ What do you gain per year?

Total Gains per Share
$6.51
Return On Investment
3.4%

For what price can you sell your share?

Current Price per Share
$191.37
Expected price per share
$180.41 - $229.02
How sure are you?
50%

1. Valuation of Fabrinet (5 min.)




Live pricePrice per Share (EOD)

$191.37

Intrinsic Value Per Share

$38.88 - $154.48

Total Value Per Share

$82.86 - $198.46

2. Growth of Fabrinet (5 min.)




Is Fabrinet growing?

Current yearPrevious yearGrowGrow %
How rich?$1.6b$1.2b$220.7m14.6%

How much money is Fabrinet making?

Current yearPrevious yearGrowGrow %
Making money$63.5m$58.6m$4.9m7.8%
Net Profit Margin9.3%9.5%--

How much money comes from the company's main activities?

3. Financial Health of Fabrinet (5 min.)




4. Comparing to competitors in the Electronic Components industry (5 min.)




  Industry Rankings (Electronic Components)  


Richest
#53 / 524

Most Revenue
#52 / 524

Most Profit
#39 / 524

Most Efficient
#132 / 524

What can you expect buying and holding a share of Fabrinet? (5 min.)

Welcome investor! Fabrinet's management wants to use your money to grow the business. In return you get a share of Fabrinet.

What can you expect buying and holding a share of Fabrinet?

First you should know what it really means to hold a share of Fabrinet. And how you can make/lose money.

Speculation

The Price per Share of Fabrinet is $191.37. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Fabrinet.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Fabrinet, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $43.98. Based on the TTM, the Book Value Change Per Share is $1.63 per quarter. Based on the YOY, the Book Value Change Per Share is $1.38 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Fabrinet.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps1.891.0%1.730.9%1.580.8%1.220.6%0.880.5%
Usd Book Value Change Per Share2.041.1%1.630.9%1.380.7%1.130.6%0.850.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share2.041.1%1.630.9%1.380.7%1.130.6%0.850.4%
Usd Price Per Share190.33-151.40-102.48-94.98-63.09-
Price to Earnings Ratio25.23-21.67-16.30-19.37-19.34-
Price-to-Total Gains Ratio93.50-96.64-82.82-103.86--125.49-
Price to Book Ratio4.33-3.65-2.93-2.95-2.44-
Price-to-Total Gains Ratio93.50-96.64-82.82-103.86--125.49-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share191.37
Number of shares5
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share1.631.13
Usd Total Gains Per Share1.631.13
Gains per Quarter (5 shares)8.145.65
Gains per Year (5 shares)32.5522.59
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10332302313
20655604536
30988906859
4013012209082
501631550113105
601951880136128
702282210158151
802602540181174
902932870203197
1003253200226220

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%65.02.00.097.0%
Book Value Change Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%39.01.00.097.5%56.07.04.083.6%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.040.00.0%5.00.062.07.5%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%39.01.00.097.5%58.06.03.086.6%

Fundamentals of Fabrinet

About Fabrinet

Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing. Its products include switching products, including reconfigurable optical add-drop multiplexers, optical amplifiers, modulators, and other optical components and modules that enable network managers to route voice, video, and data communications traffic through fiber optic cables at various wavelengths, speeds, and over various distances. The company's products also comprise tunable lasers, transceivers, and transponders; and active optical cables, which provide high-speed interconnect capabilities for data centers and computing clusters, as well as Infiniband, Ethernet, fiber channel, and optical backplane connectivity. In addition, it provides solid state, diode-pumped, gas, and fiber lasers used in semiconductor processing, biotechnology and medical device, metrology, and material processing industries; and differential pressure, micro-gyro, fuel, and other sensors used in automobiles, as well as non-contact temperature measurement sensors for the medical industry. Further, the company designs and fabricates application-specific crystals, lenses, prisms, mirrors, laser components, and substrates; and other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products. It serves original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, automotive components, medical devices, and sensors. The company was incorporated in 1999 and is based in Grand Cayman, the Cayman Islands.

Fundamental data was last updated by Penke on 2024-03-23 00:00:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is fair priced.

1.1. Profitability of Fabrinet.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Fabrinet earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Fabrinet to the Electronic Components industry mean.
  • A Net Profit Margin of 9.7% means that $0.10 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Fabrinet:

  • The MRQ is 9.7%. The company is making a profit. +1
  • The TTM is 9.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ9.7%TTM9.3%+0.4%
TTM9.3%YOY9.5%-0.1%
TTM9.3%5Y8.3%+1.0%
5Y8.3%10Y7.9%+0.4%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ9.7%3.8%+5.9%
TTM9.3%4.1%+5.2%
YOY9.5%5.5%+4.0%
5Y8.3%4.4%+3.9%
10Y7.9%4.7%+3.2%
1.1.2. Return on Assets

Shows how efficient Fabrinet is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Fabrinet to the Electronic Components industry mean.
  • 3.2% Return on Assets means that Fabrinet generated $0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Fabrinet:

  • The MRQ is 3.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.1%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.2%TTM3.1%+0.1%
TTM3.1%YOY3.1%0.0%
TTM3.1%5Y2.7%+0.4%
5Y2.7%10Y2.5%+0.1%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2%0.9%+2.3%
TTM3.1%0.9%+2.2%
YOY3.1%1.3%+1.8%
5Y2.7%1.1%+1.6%
10Y2.5%1.1%+1.4%
1.1.3. Return on Equity

Shows how efficient Fabrinet is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Fabrinet to the Electronic Components industry mean.
  • 4.3% Return on Equity means Fabrinet generated $0.04 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Fabrinet:

  • The MRQ is 4.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ4.3%TTM4.2%+0.1%
TTM4.2%YOY4.5%-0.3%
TTM4.2%5Y3.8%+0.4%
5Y3.8%10Y3.6%+0.2%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ4.3%1.6%+2.7%
TTM4.2%1.5%+2.7%
YOY4.5%2.4%+2.1%
5Y3.8%2.1%+1.7%
10Y3.6%2.1%+1.5%

1.2. Operating Efficiency of Fabrinet.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Fabrinet is operating .

  • Measures how much profit Fabrinet makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Fabrinet to the Electronic Components industry mean.
  • An Operating Margin of 10.8% means the company generated $0.11  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Fabrinet:

  • The MRQ is 10.8%. The company is operating less efficient.
  • The TTM is 10.1%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ10.8%TTM10.1%+0.7%
TTM10.1%YOY9.6%+0.5%
TTM10.1%5Y8.7%+1.4%
5Y8.7%10Y7.8%+0.9%
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ10.8%5.7%+5.1%
TTM10.1%2.2%+7.9%
YOY9.6%5.3%+4.3%
5Y8.7%5.3%+3.4%
10Y7.8%4.2%+3.6%
1.2.2. Operating Ratio

Measures how efficient Fabrinet is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Electronic Components industry mean).
  • An Operation Ratio of 0.90 means that the operating costs are $0.90 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Fabrinet:

  • The MRQ is 0.903. The company is less efficient in keeping operating costs low.
  • The TTM is 0.903. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.903TTM0.9030.000
TTM0.903YOY0.904-0.001
TTM0.9035Y0.914-0.011
5Y0.91410Y0.922-0.008
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9031.724-0.821
TTM0.9031.728-0.825
YOY0.9041.706-0.802
5Y0.9141.689-0.775
10Y0.9221.484-0.562

1.3. Liquidity of Fabrinet.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Fabrinet is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Electronic Components industry mean).
  • A Current Ratio of 3.71 means the company has $3.71 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Fabrinet:

  • The MRQ is 3.711. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.482. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.711TTM3.482+0.229
TTM3.482YOY2.926+0.556
TTM3.4825Y3.212+0.270
5Y3.21210Y3.087+0.125
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ3.7111.855+1.856
TTM3.4821.846+1.636
YOY2.9261.849+1.077
5Y3.2121.890+1.322
10Y3.0871.692+1.395
1.3.2. Quick Ratio

Measures if Fabrinet is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Fabrinet to the Electronic Components industry mean.
  • A Quick Ratio of 3.56 means the company can pay off $3.56 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Fabrinet:

  • The MRQ is 3.558. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 3.112. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ3.558TTM3.112+0.446
TTM3.112YOY2.358+0.754
TTM3.1125Y2.829+0.283
5Y2.82910Y2.728+0.101
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5580.774+2.784
TTM3.1120.758+2.354
YOY2.3580.809+1.549
5Y2.8290.847+1.982
10Y2.7280.882+1.846

1.4. Solvency of Fabrinet.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Fabrinet assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Fabrinet to Electronic Components industry mean.
  • A Debt to Asset Ratio of 0.24 means that Fabrinet assets are financed with 24.5% credit (debt) and the remaining percentage (100% - 24.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Fabrinet:

  • The MRQ is 0.245. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.259. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.245TTM0.259-0.014
TTM0.259YOY0.306-0.048
TTM0.2595Y0.296-0.037
5Y0.29610Y0.301-0.005
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2450.425-0.180
TTM0.2590.423-0.164
YOY0.3060.447-0.141
5Y0.2960.441-0.145
10Y0.3010.426-0.125
1.4.2. Debt to Equity Ratio

Measures if Fabrinet is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Fabrinet to the Electronic Components industry mean.
  • A Debt to Equity ratio of 32.4% means that company has $0.32 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Fabrinet:

  • The MRQ is 0.324. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.350. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.324TTM0.350-0.026
TTM0.350YOY0.442-0.092
TTM0.3505Y0.422-0.072
5Y0.42210Y0.433-0.012
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3240.750-0.426
TTM0.3500.749-0.399
YOY0.4420.840-0.398
5Y0.4220.824-0.402
10Y0.4330.804-0.371

2. Market Valuation of Fabrinet

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Fabrinet generates.

  • Above 15 is considered overpriced but always compare Fabrinet to the Electronic Components industry mean.
  • A PE ratio of 25.23 means the investor is paying $25.23 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Fabrinet:

  • The EOD is 25.364. Based on the earnings, the company is overpriced. -1
  • The MRQ is 25.226. Based on the earnings, the company is overpriced. -1
  • The TTM is 21.675. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD25.364MRQ25.226+0.138
MRQ25.226TTM21.675+3.551
TTM21.675YOY16.299+5.376
TTM21.6755Y19.370+2.305
5Y19.37010Y19.335+0.034
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD25.36414.877+10.487
MRQ25.22614.752+10.474
TTM21.67514.600+7.075
YOY16.29912.909+3.390
5Y19.37018.542+0.828
10Y19.33523.001-3.666
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Fabrinet:

  • The EOD is 23.680. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 23.551. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 30.464. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD23.680MRQ23.551+0.129
MRQ23.551TTM30.464-6.913
TTM30.464YOY135.169-104.705
TTM30.4645Y87.200-56.736
5Y87.20010Y17.350+69.851
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD23.6805.145+18.535
MRQ23.5515.250+18.301
TTM30.4643.027+27.437
YOY135.1691.643+133.526
5Y87.2001.384+85.816
10Y17.3501.924+15.426
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Fabrinet is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Electronic Components industry mean).
  • A PB ratio of 4.33 means the investor is paying $4.33 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Fabrinet:

  • The EOD is 4.351. Based on the equity, the company is fair priced.
  • The MRQ is 4.328. Based on the equity, the company is fair priced.
  • The TTM is 3.649. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD4.351MRQ4.328+0.024
MRQ4.328TTM3.649+0.679
TTM3.649YOY2.932+0.717
TTM3.6495Y2.947+0.702
5Y2.94710Y2.444+0.503
Compared to industry (Electronic Components)
PeriodCompanyIndustry (mean)+/- 
EOD4.3511.813+2.538
MRQ4.3281.902+2.426
TTM3.6491.946+1.703
YOY2.9321.959+0.973
5Y2.9472.129+0.818
10Y2.4442.257+0.187
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Fabrinet.

3.1. Institutions holding Fabrinet

Institutions are holding 103.67% of the shares of Fabrinet.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31BlackRock Inc16.09390.028458434531976063.5
2023-12-31Vanguard Group Inc11.86960.01794309672-23645-0.5457
2023-12-31FMR Inc5.21640.02771893983-93743-4.7161
2023-12-31Capital Research & Mgmt Co - Division 34.43570.0687161051500
2023-12-31State Street Corporation3.67160.01231333116639355.0375
2023-12-31AllianceBernstein L.P.3.48780.09281266353995041366.7516
2023-12-31Wasatch Advisors Inc.3.04331.15851104959-111747-9.1844
2023-12-31Dimensional Fund Advisors, Inc.2.69210.0543977459165511.7224
2023-12-31Wellington Management Company LLP2.34970.0303853152-51353-5.6775
2023-12-31Geode Capital Management, LLC2.29270.0166832451372664.6865
2023-12-31Artisan Partners Limited Partnership1.82910.1946664127-140663-17.4782
2023-12-31Whale Rock Capital Management LLC1.77162.1885643227371351136.5884
2023-12-31Polar Capital Holdings PLC1.56510.6626568254255004.6983
2023-12-31Baillie Gifford & Co Limited.1.55280.085563805369389189.9993
2023-12-31T. Rowe Price Associates, Inc.1.54180.0143559793101621.8489
2023-12-31Paradigm Capital Management, Inc.1.4875.344853990000
2023-12-31Congress Asset Management Company, LLP1.43320.77975203845203840
2023-12-31JPMorgan Chase & Co1.31990.0088479226-53745-10.084
2023-12-31Capital World Investors1.31850.016247872200
2023-12-31Charles Schwab Investment Management Inc1.17860.020742794671561.7006
Total 70.150410.822725470497+2139445+8.4%

3.2. Funds holding Fabrinet

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-29iShares Core S&P Small-Cap ETF6.80810.6879247191732400.1312
2023-12-31American Funds SMALLCAP World A4.47750.43162572600
2024-02-29Vanguard Total Stock Mkt Idx Inv3.14590.01591142229-2640-0.2306
2024-02-29Vanguard Small Cap Index2.57910.143693643786710.9346
2024-02-29iShares Russell 2000 ETF2.45730.3084892209-146-0.0164
2024-02-29Vanguard Institutional Extnd Mkt Idx Tr1.48040.1135537503-124-0.0231
2024-02-29Vanguard Small Cap Growth Index Inv1.44750.324752558281161.5684
2023-12-31Capital Group AMCAP Composite1.25840.108245691400
2023-12-31VA CollegeAmerica Amcap 529A1.25840.108245691400
2023-12-31Artisan International Small-Mid Investor1.14911.7708417207-78309-15.8035
2023-12-31Artisan Non-U.S. Small-Mid Growth Comp1.14911.7691417207-78309-15.8035
2023-12-31T. Rowe Price Integrated US Sm Gr Eq1.09370.9699397100-2100-0.5261
2023-12-31Fidelity Series Small Cap Opps1.09271.3843396756-5300-1.3182
2024-01-31AB Small Cap Growth A1.06142.2252385372-22207-5.4485
2024-01-31Polar Capital Global Tech Inc1.05671.3964383680-25878-6.3185
2023-12-31Wasatch Core Growth1.05551.883938324600
2023-12-31Fidelity Small Cap Index1.00950.274536652445921.2687
2024-02-29iShares S&P Small-Cap 600 Growth ETF0.98421.345835734800
2024-02-29SPDR® Portfolio S&P 600 Sm Cap ETF0.90310.6884327918670.0204
2024-02-29iShares Russell 2000 Growth ETF0.89090.61423234851770.0547
Total 36.358516.562913201274-190150-1.4%

3.3. Insider Transactions

Insiders are holding 0.321% of the shares of Fabrinet.

DateOwnerTypeAmountPricePost Transaction AmountLink
2024-02-12Rollance E OlsonSELL10000205.52
2023-11-22Thomas F KellySELL3235166.75
2023-11-20Thomas F KellySELL3000171.31
2023-08-29Edward T ArcherSELL10358157.33
2023-08-24Csaba SverhaSELL20000160.9
2023-08-24Seamus GradySELL27000159.92
2023-05-24Homa BahramiSELL140098.05

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Fabrinet compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--2.0361.627+25%1.384+47%1.129+80%0.848+140%
Book Value Per Share--43.98041.219+7%34.843+26%31.168+41%23.461+87%
Current Ratio--3.7113.482+7%2.926+27%3.212+16%3.087+20%
Debt To Asset Ratio--0.2450.259-5%0.306-20%0.296-17%0.301-19%
Debt To Equity Ratio--0.3240.350-7%0.442-27%0.422-23%0.433-25%
Dividend Per Share----0%-0%-0%-0%
Eps--1.8861.732+9%1.582+19%1.218+55%0.880+114%
Free Cash Flow Per Share--2.0201.895+7%0.740+173%0.867+133%0.555+264%
Free Cash Flow To Equity Per Share--1.7581.386+27%0.106+1556%0.482+265%0.352+399%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--154.480--------
Intrinsic Value_10Y_min--38.883--------
Intrinsic Value_1Y_max--5.724--------
Intrinsic Value_1Y_min--2.521--------
Intrinsic Value_3Y_max--24.633--------
Intrinsic Value_3Y_min--8.811--------
Intrinsic Value_5Y_max--52.506--------
Intrinsic Value_5Y_min--16.407--------
Market Cap6948338508.0000%6973500870.0005554045072.500+26%3800777592.500+83%3531164838.000+97%2348463420.250+197%
Net Profit Margin--0.0970.093+4%0.095+3%0.083+16%0.079+23%
Operating Margin--0.1080.101+7%0.096+12%0.087+24%0.078+37%
Operating Ratio--0.9030.9030%0.9040%0.914-1%0.922-2%
Pb Ratio4.351+1%4.3283.649+19%2.932+48%2.947+47%2.444+77%
Pe Ratio25.364+1%25.22621.675+16%16.299+55%19.370+30%19.335+30%
Price Per Share191.370+1%190.330151.398+26%102.475+86%94.975+100%63.093+202%
Price To Free Cash Flow Ratio23.680+1%23.55130.464-23%135.169-83%87.200-73%17.350+36%
Price To Total Gains Ratio94.007+1%93.49696.643-3%82.815+13%103.864-10%-125.494+234%
Quick Ratio--3.5583.112+14%2.358+51%2.829+26%2.728+30%
Return On Assets--0.0320.031+4%0.031+3%0.027+20%0.025+27%
Return On Equity--0.0430.042+2%0.045-5%0.038+12%0.036+18%
Total Gains Per Share--2.0361.627+25%1.384+47%1.129+80%0.848+140%
Usd Book Value--1611382000.0001512947500.000+7%1292226500.000+25%1160405750.000+39%873840400.000+84%
Usd Book Value Change Per Share--2.0361.627+25%1.384+47%1.129+80%0.848+140%
Usd Book Value Per Share--43.98041.219+7%34.843+26%31.168+41%23.461+87%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--1.8861.732+9%1.582+19%1.218+55%0.880+114%
Usd Free Cash Flow--74026000.00069363500.000+7%27375750.000+170%32131600.000+130%20650100.000+258%
Usd Free Cash Flow Per Share--2.0201.895+7%0.740+173%0.867+133%0.555+264%
Usd Free Cash Flow To Equity Per Share--1.7581.386+27%0.106+1556%0.482+265%0.352+399%
Usd Market Cap6948338508.0000%6973500870.0005554045072.500+26%3800777592.500+83%3531164838.000+97%2348463420.250+197%
Usd Price Per Share191.370+1%190.330151.398+26%102.475+86%94.975+100%63.093+202%
Usd Profit--69110000.00063585000.000+9%58655500.000+18%45295200.000+53%32733675.000+111%
Usd Revenue--712694000.000679830750.000+5%619088500.000+15%531544800.000+34%406310450.000+75%
Usd Total Gains Per Share--2.0361.627+25%1.384+47%1.129+80%0.848+140%
 EOD+2 -6MRQTTM+29 -4YOY+29 -45Y+29 -410Y+29 -4

4.2. Fundamental Score

Let's check the fundamental score of Fabrinet based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1525.364
Price to Book Ratio (EOD)Between0-14.351
Net Profit Margin (MRQ)Greater than00.097
Operating Margin (MRQ)Greater than00.108
Quick Ratio (MRQ)Greater than13.558
Current Ratio (MRQ)Greater than13.711
Debt to Asset Ratio (MRQ)Less than10.245
Debt to Equity Ratio (MRQ)Less than10.324
Return on Equity (MRQ)Greater than0.150.043
Return on Assets (MRQ)Greater than0.050.032
Total6/10 (60.0%)

4.3. Technical Score

Let's check the technical score of Fabrinet based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.577
Ma 20Greater thanMa 50204.837
Ma 50Greater thanMa 100203.549
Ma 100Greater thanMa 200190.017
OpenGreater thanClose189.560
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Accumulated Other Comprehensive Income  -2,714-3,567-6,281-1,834-8,115613-7,50211,6994,197



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets2,133,138
Total Liabilities521,756
Total Stockholder Equity1,611,382
 As reported
Total Liabilities 521,756
Total Stockholder Equity+ 1,611,382
Total Assets = 2,133,138

Assets

Total Assets2,133,138
Total Current Assets1,806,363
Long-term Assets326,775
Total Current Assets
Cash And Cash Equivalents 334,053
Short-term Investments 406,540
Net Receivables 584,614
Inventory 414,758
Other Current Assets 60,446
Total Current Assets  (as reported)1,806,363
Total Current Assets  (calculated)1,800,411
+/- 5,952
Long-term Assets
Property Plant Equipment 311,786
Intangible Assets 2,549
Long-term Assets Other 636
Long-term Assets  (as reported)326,775
Long-term Assets  (calculated)314,971
+/- 11,804

Liabilities & Shareholders' Equity

Total Current Liabilities486,777
Long-term Liabilities34,979
Total Stockholder Equity1,611,382
Total Current Liabilities
Short-term Debt 7,503
Short Long Term Debt 6,078
Accounts payable 376,556
Other Current Liabilities 95,137
Total Current Liabilities  (as reported)486,777
Total Current Liabilities  (calculated)485,274
+/- 1,503
Long-term Liabilities
Capital Lease Obligations 5,381
Long-term Liabilities Other 1,972
Long-term Liabilities  (as reported)34,979
Long-term Liabilities  (calculated)7,353
+/- 27,626
Total Stockholder Equity
Common Stock394
Retained Earnings 1,598,788
Accumulated Other Comprehensive Income 4,197
Other Stockholders Equity 8,003
Total Stockholder Equity (as reported)1,611,382
Total Stockholder Equity (calculated)1,611,382
+/-0
Other
Capital Stock394
Cash and Short Term Investments 740,593
Common Stock Shares Outstanding 36,639
Current Deferred Revenue7,581
Liabilities and Stockholders Equity 2,133,138
Net Debt -322,594
Net Invested Capital 1,617,460
Net Working Capital 1,319,586
Property Plant and Equipment Gross 311,786
Short Long Term Debt Total 11,459



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302007-09-302007-06-302006-09-302006-06-30
> Total Assets 
240,815
0
240,081
238,343
292,713
0
0
0
288,085
275,598
302,096
330,344
377,425
398,054
409,327
426,731
437,775
455,673
413,242
453,155
461,362
455,673
471,185
488,530
464,908
489,668
504,406
568,094
564,600
564,557
601,196
644,944
672,503
688,200
723,586
768,530
856,450
901,303
945,919
1,004,685
1,033,075
1,044,555
1,037,937
1,054,805
1,088,018
1,147,804
1,175,926
1,210,617
1,255,318
1,289,710
1,315,028
1,330,261
1,381,387
1,425,406
1,497,637
1,501,830
1,616,122
1,680,621
1,750,795
1,780,139
1,835,641
1,864,389
1,968,024
2,028,801
1,979,648
2,019,221
2,133,138
2,133,1382,019,2211,979,6482,028,8011,968,0241,864,3891,835,6411,780,1391,750,7951,680,6211,616,1221,501,8301,497,6371,425,4061,381,3871,330,2611,315,0281,289,7101,255,3181,210,6171,175,9261,147,8041,088,0181,054,8051,037,9371,044,5551,033,0751,004,685945,919901,303856,450768,530723,586688,200672,503644,944601,196564,557564,600568,094504,406489,668464,908488,530471,185455,673461,362453,155413,242455,673437,775426,731409,327398,054377,425330,344302,096275,598288,085000292,713238,343240,0810240,815
   > Total Current Assets 
0
0
0
183,727
0
0
0
0
228,382
218,213
244,790
269,657
316,326
329,824
335,070
349,332
357,676
367,583
321,610
353,765
360,671
367,583
369,149
387,071
364,526
389,385
403,945
466,223
464,500
464,477
490,449
506,638
527,039
536,443
559,020
603,754
673,291
680,451
718,400
771,578
798,754
809,349
799,331
815,980
854,310
917,108
950,105
987,510
1,023,835
1,051,163
1,070,826
1,092,858
1,134,856
1,180,421
1,251,727
1,255,169
1,352,507
1,388,605
1,439,987
1,470,148
1,525,171
1,551,913
1,647,771
1,704,610
1,652,540
1,691,961
1,806,363
1,806,3631,691,9611,652,5401,704,6101,647,7711,551,9131,525,1711,470,1481,439,9871,388,6051,352,5071,255,1691,251,7271,180,4211,134,8561,092,8581,070,8261,051,1631,023,835987,510950,105917,108854,310815,980799,331809,349798,754771,578718,400680,451673,291603,754559,020536,443527,039506,638490,449464,477464,500466,223403,945389,385364,526387,071369,149367,583360,671353,765321,610367,583357,676349,332335,070329,824316,326269,657244,790218,213228,3820000183,727000
       Cash And Cash Equivalents 
0
0
0
43,293
55,682
0
0
0
114,845
92,903
92,889
90,044
84,942
101,090
102,063
116,419
127,282
132,349
112,078
125,410
115,507
132,349
128,098
157,479
149,716
163,860
180,058
233,664
233,500
233,477
111,971
128,946
112,978
95,465
131,359
127,957
142,804
105,860
85,619
136,634
133,825
111,631
134,831
142,407
158,102
219,976
230,996
166,407
180,839
168,535
220,031
224,138
225,430
189,201
219,221
247,011
302,969
269,911
276,531
269,140
197,996
255,260
250,829
230,743
231,368
308,338
334,053
334,053308,338231,368230,743250,829255,260197,996269,140276,531269,911302,969247,011219,221189,201225,430224,138220,031168,535180,839166,407230,996219,976158,102142,407134,831111,631133,825136,63485,619105,860142,804127,957131,35995,465112,978128,946111,971233,477233,500233,664180,058163,860149,716157,479128,098132,349115,507125,410112,078132,349127,282116,419102,063101,09084,94290,04492,88992,903114,84500055,68243,293000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
478
0
0
7
243
448
1,795
0
0
0
1,795
0
0
0
0
0
0
0
0
141,299
125,398
142,866
152,121
135,199
144,808
141,709
147,702
170,508
152,608
151,450
151,635
149,403
169,444
174,269
132,383
151,508
242,484
256,493
238,266
222,805
233,622
262,693
307,238
261,817
261,736
244,963
258,501
243,339
245,852
280,157
244,536
276,778
307,980
319,100
362,428
406,540
406,540362,428319,100307,980276,778244,536280,157245,852243,339258,501244,963261,736261,817307,238262,693233,622222,805238,266256,493242,484151,508132,383174,269169,444149,403151,635151,450152,608170,508147,702141,709144,808135,199152,121142,866125,398141,299000000001,7950001,79544824370047800000000000
       Net Receivables 
0
0
0
68,488
0
0
0
0
64,047
71,804
83,622
94,836
127,833
110,169
123,479
121,085
117,705
122,433
97,824
118,484
128,253
122,433
131,358
122,926
118,475
125,876
121,772
118,500
101,200
101,168
104,096
120,054
134,952
139,715
147,430
172,129
196,145
212,684
240,887
250,922
264,349
275,418
258,856
243,997
246,912
268,862
274,855
275,653
273,049
285,236
321,003
324,190
310,231
325,229
358,963
350,519
348,425
359,809
397,873
459,620
452,794
476,572
533,602
561,424
531,767
535,006
584,614
584,614535,006531,767561,424533,602476,572452,794459,620397,873359,809348,425350,519358,963325,229310,231324,190321,003285,236273,049275,653274,855268,862246,912243,997258,856275,418264,349250,922240,887212,684196,145172,129147,430139,715134,952120,054104,096101,168101,200118,500121,772125,876118,475122,926131,358122,433128,253118,48497,824122,433117,705121,085123,479110,169127,83394,83683,62271,80464,047000068,488000
       Other Current Assets 
2,900
0
4,055
5,647
7,738
0
0
0
1,649
2,181
4,740
4,579
2,162
5,434
2,847
3,533
5,774
4,454
8,421
10,994
6,029
4,454
6,934
7,593
3,505
2,105
2,494
2,357
3,701
2,010
2,356
1,822
1,833
1,739
1,612
5,136
6,662
5,210
4,604
2,983
4,159
7,667
7,974
11,049
5,948
6,512
5,044
5,236
11,015
9,122
7,416
8,774
13,915
7,827
29,187
31,967
22,619
24,729
28,449
29,169
25,233
32,029
40,543
39,610
42,880
39,766
60,446
60,44639,76642,88039,61040,54332,02925,23329,16928,44924,72922,61931,96729,1877,82713,9158,7747,4169,12211,0155,2365,0446,5125,94811,0497,9747,6674,1592,9834,6045,2106,6625,1361,6121,7391,8331,8222,3562,0103,7012,3572,4942,1053,5057,5936,9344,4546,02910,9948,4214,4545,7743,5332,8475,4342,1624,5794,7402,1811,6490007,7385,6474,05502,900
   > Long-term Assets 
0
0
0
54,616
0
0
0
0
59,703
57,385
57,306
60,687
61,099
68,230
74,257
77,399
80,099
88,090
91,632
99,390
100,691
88,090
102,036
101,459
100,382
100,283
100,461
101,871
100,080
100,080
110,747
138,306
145,464
151,757
164,566
164,776
183,159
220,852
227,519
233,107
234,321
235,206
238,606
238,825
233,708
230,696
225,821
223,107
231,483
238,547
244,202
237,403
246,531
244,985
245,910
246,661
263,615
292,016
310,808
309,991
310,470
312,476
320,253
324,191
327,108
327,260
326,775
326,775327,260327,108324,191320,253312,476310,470309,991310,808292,016263,615246,661245,910244,985246,531237,403244,202238,547231,483223,107225,821230,696233,708238,825238,606235,206234,321233,107227,519220,852183,159164,776164,566151,757145,464138,306110,747100,080100,080101,871100,461100,283100,382101,459102,03688,090100,69199,39091,63288,09080,09977,39974,25768,23061,09960,68757,30657,38559,703000054,616000
       Property Plant Equipment 
31,025
0
39,846
52,427
59,635
0
0
0
56,034
54,427
54,454
57,509
57,651
64,324
68,943
72,402
75,410
82,786
88,436
96,391
97,923
82,786
98,248
98,173
97,206
97,133
97,316
98,782
97,244
97,244
106,498
133,998
140,654
144,148
159,415
160,441
178,410
205,845
213,987
216,378
216,881
217,985
222,539
222,047
219,640
216,849
212,314
209,084
210,686
218,455
224,596
225,218
236,342
234,851
234,941
235,511
247,828
277,745
296,161
296,557
296,361
298,124
305,087
310,575
311,984
312,689
311,786
311,786312,689311,984310,575305,087298,124296,361296,557296,161277,745247,828235,511234,941234,851236,342225,218224,596218,455210,686209,084212,314216,849219,640222,047222,539217,985216,881216,378213,987205,845178,410160,441159,415144,148140,654133,998106,49897,24497,24498,78297,31697,13397,20698,17398,24882,78697,92396,39188,43682,78675,41072,40268,94364,32457,65157,50954,45454,42756,03400059,63552,42739,846031,025
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,994
2,529
3,649
3,806
3,923
3,933
4,101
3,828
3,822
3,698
3,823
3,705
3,603
3,798
3,571
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000003,5713,7983,6033,7053,8233,6983,8223,8284,1013,9333,9233,8063,6492,5292,9940000000000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,928
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000000000000000000000000001,92800000000000000000
       Intangible Assets 
0
0
0
0
1,673
0
0
0
1,344
1,231
1,122
1,026
1,220
1,097
976
1,009
892
649
555
466
380
649
239
196
164
136
113
93
100
72
52
45
137
195
321
369
499
5,091
5,048
5,857
5,840
5,657
5,432
5,927
4,880
4,590
4,283
4,112
3,887
3,661
4,038
3,999
4,312
4,147
4,367
4,576
4,371
4,107
3,878
3,593
3,508
3,348
3,319
2,471
2,394
2,598
2,549
2,5492,5982,3942,4713,3193,3483,5083,5933,8784,1074,3714,5764,3674,1474,3123,9994,0383,6613,8874,1124,2834,5904,8805,9275,4325,6575,8405,8575,0485,091499369321195137455272100931131361641962396493804665556498921,0099761,0971,2201,0261,1221,2311,3440001,6730000
       Long-term Assets Other 
0
0
0
609
0
0
0
0
898
693
625
613
602
987
630
626
681
667
669
662
624
667
635
655
107
102
95
91
2,800
989
2,507
2,573
2,424
5,165
2,581
2,511
2,444
3,379
3,126
3,175
3,312
3,414
3,423
3,569
80
57
72
354
7,526
7,627
7,655
262
202
221
389
379
1,988
673
744
670
801
663
598
648
635
610
636
6366106356485986638016707446731,9883793892212022627,6557,6277,5263547257803,5693,4233,4143,3123,1753,1263,3792,4442,5112,5815,1652,4242,5732,5079892,80091951021076556356676246626696676816266309876026136256938980000609000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,060
1,972
1,871
1,764
3,244
2,914
2,435
2,905
2,912
2,937
2,905
1,775
1,775
1,690
1,690
2,249
2,249
2,249
1,455
1,806
2,503
1,879
2,452
2,905
2,730
3,056
3,046
5,280
5,378
5,454
5,734
5,679
5,201
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000005,2015,6795,7345,4545,3785,2803,0463,0562,7302,9052,4521,8792,5031,8061,4552,2492,2492,2491,6901,6901,7751,7752,9052,9372,9122,9052,4352,9143,2441,7641,8711,9722,06000000000000000000
> Total Liabilities 
0
0
0
101,203
122,148
0
0
0
94,580
106,264
121,515
135,984
145,262
150,430
144,674
142,871
136,248
137,443
126,084
210,638
210,653
137,443
184,986
179,517
139,590
143,637
138,923
153,081
137,700
137,721
151,165
181,266
193,559
204,224
217,362
237,830
302,031
316,270
326,254
355,582
351,501
337,092
316,167
319,262
347,079
381,647
374,393
381,729
392,219
399,015
386,701
396,852
406,978
424,703
460,967
428,324
503,602
534,619
551,604
551,412
581,959
562,023
583,893
587,220
510,990
489,052
521,756
521,756489,052510,990587,220583,893562,023581,959551,412551,604534,619503,602428,324460,967424,703406,978396,852386,701399,015392,219381,729374,393381,647347,079319,262316,167337,092351,501355,582326,254316,270302,031237,830217,362204,224193,559181,266151,165137,721137,700153,081138,923143,637139,590179,517184,986137,443210,653210,638126,084137,443136,248142,871144,674150,430145,262135,984121,515106,26494,580000122,148101,203000
   > Total Current Liabilities 
143,344
0
95,635
85,847
93,675
0
0
0
70,012
82,632
100,104
115,702
124,903
130,402
126,807
125,700
117,809
116,243
95,761
172,241
175,258
116,243
154,310
150,775
115,429
121,711
119,425
135,969
120,600
120,629
136,581
167,557
181,048
193,102
207,153
228,944
256,018
269,243
283,057
312,814
311,272
300,014
281,836
287,159
270,117
305,776
297,550
305,642
313,048
323,421
313,380
327,451
337,546
355,449
395,035
366,240
444,358
479,219
500,037
502,659
538,487
526,355
549,595
554,989
481,885
455,433
486,777
486,777455,433481,885554,989549,595526,355538,487502,659500,037479,219444,358366,240395,035355,449337,546327,451313,380323,421313,048305,642297,550305,776270,117287,159281,836300,014311,272312,814283,057269,243256,018228,944207,153193,102181,048167,557136,581120,629120,600135,969119,425121,711115,429150,775154,310116,243175,258172,24195,761116,243117,809125,700126,807130,402124,903115,702100,10482,63270,01200093,67585,84795,6350143,344
       Short-term Debt 
0
0
0
6,593
0
0
0
0
7,933
7,252
6,646
6,039
6,008
5,508
5,468
4,968
4,398
4,898
6,368
9,668
9,668
4,898
9,668
9,668
9,668
9,668
9,668
9,660
6,000
6,000
6,000
36,000
36,000
36,000
54,000
50,000
24,600
37,638
38,649
48,999
48,746
47,764
52,920
52,955
3,701
3,684
3,659
3,667
3,648
14,098
14,290
14,049
14,135
14,254
14,433
14,546
14,749
14,769
14,787
14,749
14,485
14,470
14,161
13,790
13,357
10,704
7,503
7,50310,70413,35713,79014,16114,47014,48514,74914,78714,76914,74914,54614,43314,25414,13514,04914,29014,0983,6483,6673,6593,6843,70152,95552,92047,76448,74648,99938,64937,63824,60050,00054,00036,00036,00036,0006,0006,0006,0009,6609,6689,6689,6689,6689,6684,8989,6689,6686,3684,8984,3984,9685,4685,5086,0086,0396,6467,2527,93300006,593000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
29,000
0
0
0
16,500
0
0
0
6,000
0
0
62,713
17,807
71,953
51,089
59,930
13,399
68,069
69,645
66,221
3,250
3,250
3,250
3,250
3,250
12,157
12,156
12,156
12,156
12,156
12,156
12,156
12,156
12,156
12,156
12,156
12,156
12,156
12,156
12,156
12,156
9,117
6,078
6,0789,11712,15612,15612,15612,15612,15612,15612,15612,15612,15612,15612,15612,15612,15612,15612,15612,1573,2503,2503,2503,2503,25066,22169,64568,06913,39959,93051,08971,95317,80762,713006,00000016,50000029,000000000000000000000000000
       Accounts payable 
82,085
0
47,628
47,285
66,308
0
0
0
53,577
65,414
81,811
94,049
102,977
108,445
100,812
97,066
92,563
85,791
57,052
75,274
86,000
85,791
73,744
74,329
77,139
90,328
88,025
101,531
108,834
94,853
98,651
103,053
115,319
117,978
114,911
146,445
172,052
179,741
187,306
210,105
215,262
203,685
182,166
193,374
220,159
249,080
248,253
256,282
257,617
252,147
234,929
240,028
251,603
284,173
296,948
275,705
346,555
373,663
391,176
402,581
439,684
409,414
438,475
436,085
381,129
357,106
376,556
376,556357,106381,129436,085438,475409,414439,684402,581391,176373,663346,555275,705296,948284,173251,603240,028234,929252,147257,617256,282248,253249,080220,159193,374182,166203,685215,262210,105187,306179,741172,052146,445114,911117,978115,319103,05398,65194,853108,834101,53188,02590,32877,13974,32973,74485,79186,00075,27457,05285,79192,56397,066100,812108,445102,97794,04981,81165,41453,57700066,30847,28547,628082,085
       Other Current Liabilities 
40,542
0
20,459
29,254
18,927
0
0
0
7,638
8,696
10,141
13,781
13,397
12,931
16,875
20,038
19,540
23,039
11,684
86,479
61,198
23,039
54,401
48,390
9,812
1,558
1,538
24,079
5,795
18,752
30,520
27,525
28,259
37,004
36,485
31,176
57,356
48,787
54,611
51,501
45,288
46,096
45,565
40,532
45,548
50,623
43,070
43,042
49,544
54,910
61,801
71,433
70,252
56,056
81,850
74,580
81,374
89,032
92,180
83,406
82,336
96,123
93,323
101,865
81,375
80,610
95,137
95,13780,61081,375101,86593,32396,12382,33683,40692,18089,03281,37474,58081,85056,05670,25271,43361,80154,91049,54443,04243,07050,62345,54840,53245,56546,09645,28851,50154,61148,78757,35631,17636,48537,00428,25927,52530,52018,7525,79524,0791,5381,5589,81248,39054,40123,03961,19886,47911,68423,03919,54020,03816,87512,93113,39713,78110,1418,6967,63800018,92729,25420,459040,542
   > Long-term Liabilities 
0
0
0
15,356
0
0
0
0
24,568
23,632
21,411
20,282
20,359
20,028
17,867
17,171
18,439
21,200
30,323
38,397
35,395
21,200
30,676
28,742
24,161
21,926
19,498
17,112
17,092
17,092
14,584
13,709
12,511
11,122
10,209
8,886
46,013
47,027
43,197
42,768
40,229
37,078
34,331
32,103
76,962
75,871
76,843
76,087
79,171
75,594
73,321
69,401
69,432
69,254
65,932
62,084
59,244
55,400
51,567
48,753
43,472
35,668
34,298
32,231
29,105
33,619
34,979
34,97933,61929,10532,23134,29835,66843,47248,75351,56755,40059,24462,08465,93269,25469,43269,40173,32175,59479,17176,08776,84375,87176,96232,10334,33137,07840,22942,76843,19747,02746,0138,88610,20911,12212,51113,70914,58417,09217,09217,11219,49821,92624,16128,74230,67621,20035,39538,39730,32321,20018,43917,17117,86720,02820,35920,28221,41123,63224,568000015,356000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,562
23,545
31,328
28,911
26,494
24,077
21,660
19,243
16,826
14,409
12,000
10,500
9,000
7,500
6,000
4,500
3,000
1,500
0
36,400
34,315
30,520
27,121
23,725
20,305
16,725
13,266
61,454
60,539
60,427
58,709
57,790
48,631
45,592
42,553
39,514
36,475
33,436
30,397
27,358
24,319
21,279
18,241
15,277
9,182
6,078
3,039
0
0
0
0003,0396,0789,18215,27718,24121,27924,31927,35830,39733,43636,47539,51442,55345,59248,63157,79058,70960,42760,53961,45413,26616,72520,30523,72527,12130,52034,31536,40001,5003,0004,5006,0007,5009,00010,50012,00014,40916,82619,24321,66024,07726,49428,91131,32823,54514,56200000000000000000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,060
1,972
1,871
1,764
3,244
2,914
2,435
2,905
2,912
2,937
2,905
1,775
1,775
1,690
1,690
2,249
2,249
2,249
1,455
1,806
2,503
1,879
2,452
2,905
2,730
3,056
3,046
5,280
5,378
5,454
5,734
5,679
5,201
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000005,2015,6795,7345,4545,3785,2803,0463,0562,7302,9052,4521,8792,5031,8061,4552,2492,2492,2491,6901,6901,7751,7752,9052,9372,9122,9052,4352,9143,2441,7641,8711,9722,06000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,638
6,778
7,069
6,484
7,072
6,599
7,082
4,918
5,100
5,089
5,112
5,552
5,939
6,217
6,692
7,274
7,271
7,666
8,190
8,759
9,333
9,551
10,718
11,211
11,849
12,194
13,096
13,224
12,945
13,477
14,201
79,171
23,172
24,186
23,164
1,937
69,254
65,932
62,084
3,444
55,400
51,567
48,753
2,334
1,338
34,298
32,231
2,081
2,181
1,972
1,9722,1812,08132,23134,2981,3382,33448,75351,56755,4003,44462,08465,93269,2541,93723,16424,18623,17279,17114,20113,47712,94513,22413,09612,19411,84911,21110,7189,5519,3338,7598,1907,6667,2717,2746,6926,2175,9395,5525,1125,0895,1004,9187,0826,5997,0726,4847,0696,7786,63800000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,040
1,128
867
1,017
737
851
1,043
696
854
3,379
3,126
4,929
5,293
4,924
5,412
5,741
2,284
2,387
2,939
3,177
0
3,791
3,543
3,684
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000003,6843,5433,79103,1772,9392,3872,2845,7415,4124,9245,2934,9293,1263,3798546961,0438517371,0178671,1281,0400000000000000000000000000000
> Total Stockholder Equity
0
0
0
137,140
170,565
0
0
0
193,505
169,334
180,581
194,360
232,163
247,624
264,653
283,860
301,527
318,230
287,158
242,517
250,709
318,230
286,199
309,013
325,318
346,031
365,483
415,013
426,836
426,836
450,031
463,678
478,944
483,976
506,224
530,700
554,419
585,033
619,665
649,103
681,574
707,463
721,770
735,543
740,939
766,157
801,533
828,888
863,099
890,695
928,327
933,409
974,409
1,000,703
1,036,670
1,073,506
1,112,520
1,146,002
1,199,191
1,228,727
1,253,682
1,302,366
1,384,131
1,441,581
1,468,658
1,530,169
1,611,382
1,611,3821,530,1691,468,6581,441,5811,384,1311,302,3661,253,6821,228,7271,199,1911,146,0021,112,5201,073,5061,036,6701,000,703974,409933,409928,327890,695863,099828,888801,533766,157740,939735,543721,770707,463681,574649,103619,665585,033554,419530,700506,224483,976478,944463,678450,031426,836426,836415,013365,483346,031325,318309,013286,199318,230250,709242,517287,158318,230301,527283,860264,653247,624232,163194,360180,581169,334193,505000170,565137,140000
   Common Stock
296
0
298
298
300
0
0
0
306
308
309
309
337
338
338
342
342
342
344
345
345
342
345
346
346
347
350
351
352
352
354
354
354
358
359
360
362
367
369
373
373
376
376
376
377
381
381
382
382
384
384
385
385
387
387
388
388
390
390
390
390
392
393
393
393
394
394
3943943933933933923903903903903883883873873853853843843823823813813773763763763733733693673623603593583543543543523523513503473463463453423453453443423423423383383373093093083060003002982980296
   Retained Earnings Total Equity
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
257,024
223,770
177,445
184,902
200,921
217,603
238,729
253,871
273,068
287,607
335,269
345,602
356,638
365,364
376,210
389,244
390,847
410,650
431,473
451,141
473,907
499,199
520,855
548,256
569,288
588,602
609,655
632,423
661,478
692,991
721,626
754,583
780,540
811,771
840,038
868,062
901,006
936,390
973,883
1,016,296
1,060,947
1,109,826
1,160,487
1,216,676
1,281,291
1,344,448
1,403,803
1,464,589
0
0
001,464,5891,403,8031,344,4481,281,2911,216,6761,160,4871,109,8261,060,9471,016,296973,883936,390901,006868,062840,038811,771780,540754,583721,626692,991661,478632,423609,655588,602569,288548,256520,855499,199473,907451,141431,473410,650390,847389,244376,210365,364356,638345,602335,269287,607273,068253,871238,729217,603200,921184,902177,445223,770257,02400000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
-43,668
0
0
0
-50,495
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-486
26
-44
43
-267
747
591
987
-1,269
-993
-348
206
-212
-39
-1,257
-1,170
-1,077
-79
-2,386
-2,598
-2,152
-10,383
-1,147
-3,904
-1,657
-6,939
-6,266
-7,662
-5,189
-6,888
-12,793
-15,058
-2,714
-6,281
-8,115
-7,502
4,197
4,197-7,502-8,115-6,281-2,714-15,058-12,793-6,888-5,189-7,662-6,266-6,939-1,657-3,904-1,147-10,383-2,152-2,598-2,386-79-1,077-1,170-1,257-39-212206-348-993-1,269987591747-26743-4426-48600000000000000000-50,495000-43,66800000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
60,864
63,044
64,727
65,462
66,840
68,251
69,938
71,101
72,616
77,526
79,393
80,882
82,561
84,799
87,088
89,390
92,728
95,482
98,120
102,325
109,772
121,366
128,868
133,293
137,593
142,914
147,958
151,797
147,869
151,639
154,738
158,299
160,148
166,103
171,870
175,610
171,715
177,125
182,987
189,445
179,670
185,940
190,705
196,667
187,899
194,366
200,141
206,624
202,432
0
0202,432206,624200,141194,366187,899196,667190,705185,940179,670189,445182,987177,125171,715175,610171,870166,103160,148158,299154,738151,639147,869151,797147,958142,914137,593133,293128,868121,366109,772102,32598,12095,48292,72889,39087,08884,79982,56180,88279,39377,52672,61671,10169,93868,25166,84065,46264,72763,04460,86400000000000000000
   Treasury Stock00000000-91,776-87,343-87,343-76,813-75,575-68,501-68,501-68,501-47,779-47,779-47,779-47,7790-42,401-42,401-22,407-9,910000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
26,876
0
0
0
0
73,301
30,123
30,317
30,585
105,281
55,041
56,264
58,804
59,816
60,864
63,044
64,727
65,462
60,864
68,251
69,938
71,101
72,616
77,526
79,393
-44
80,882
84,799
87,088
89,390
92,728
95,482
98,120
102,325
109,772
121,366
128,868
133,293
137,593
133,004
125,551
109,396
105,468
109,238
106,959
110,520
112,369
118,324
103,369
107,109
103,214
101,550
106,174
102,102
92,327
94,164
74,738
49,409
35,741
42,004
43,666
11,791
7,599
8,003
8,0037,59911,79143,66642,00435,74149,40974,73894,16492,327102,102106,174101,550103,214107,109103,369118,324112,369110,520106,959109,238105,468109,396125,551133,004137,593133,293128,868121,366109,772102,32598,12095,48292,72889,39087,08884,79980,882-4479,39377,52672,61671,10169,93868,25160,86465,46264,72763,04460,86459,81658,80456,26455,041105,28130,58530,31730,12373,301000026,876000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue2,645,237
Cost of Revenue-2,308,964
Gross Profit336,273336,273
 
Operating Income (+$)
Gross Profit336,273
Operating Expense-77,673
Operating Income251,704258,600
 
Operating Expense (+$)
Research Development0
Selling General Administrative77,673
Selling And Marketing Expenses0
Operating Expense77,67377,673
 
Net Interest Income (+$)
Interest Income11,234
Interest Expense-1,472
Other Finance Cost-0
Net Interest Income9,762
 
Pretax Income (+$)
Operating Income251,704
Net Interest Income9,762
Other Non-Operating Income Expenses9,864
Income Before Tax (EBT)260,096259,970
EBIT - interestExpense = 268,203
260,096
249,385
Interest Expense1,472
Earnings Before Interest and Taxes (EBIT)269,675261,568
Earnings Before Interest and Taxes (EBITDA)313,507
 
After tax Income (+$)
Income Before Tax260,096
Tax Provision-12,183
Net Income From Continuing Ops247,913247,913
Net Income247,913
Net Income Applicable To Common Shares247,913
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring6,896
Other Operating Expenses2,386,637
Total Other Income/Expenses Net-8,266-19,626
 

Technical Analysis of Fabrinet
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Fabrinet. The general trend of Fabrinet is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Fabrinet's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Fabrinet.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 226.91 < 229.02.

The bearish price targets are: 183.74 > 181.22 > 180.41.

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Fabrinet Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Fabrinet. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Fabrinet Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Fabrinet. The current macd is -3.39118202.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Fabrinet price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Fabrinet. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Fabrinet price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Fabrinet Daily Moving Average Convergence/Divergence (MACD) ChartFabrinet Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Fabrinet. The current adx is 15.40.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Fabrinet shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Fabrinet Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Fabrinet. The current sar is 209.12.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Fabrinet Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Fabrinet. The current rsi is 43.58. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Fabrinet Daily Relative Strength Index (RSI) ChartFabrinet Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Fabrinet. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Fabrinet price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Fabrinet Daily Stochastic Oscillator ChartFabrinet Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Fabrinet. The current cci is -99.90887587.

Fabrinet Daily Commodity Channel Index (CCI) ChartFabrinet Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Fabrinet. The current cmo is -16.73605503.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Fabrinet Daily Chande Momentum Oscillator (CMO) ChartFabrinet Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Fabrinet. The current willr is -86.8701956.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Fabrinet Daily Williams %R ChartFabrinet Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Fabrinet.

Fabrinet Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Fabrinet. The current atr is 8.74426557.

Fabrinet Daily Average True Range (ATR) ChartFabrinet Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Fabrinet. The current obv is 3,721,606.

Fabrinet Daily On-Balance Volume (OBV) ChartFabrinet Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Fabrinet. The current mfi is 24.94.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Fabrinet Daily Money Flow Index (MFI) ChartFabrinet Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Fabrinet.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-14ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-26MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-02MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-30BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-25CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-26MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside

6.3. Candlestick Patterns

Fabrinet Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Fabrinet based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.577
Ma 20Greater thanMa 50204.837
Ma 50Greater thanMa 100203.549
Ma 100Greater thanMa 200190.017
OpenGreater thanClose189.560
Total3/5 (60.0%)
Penke

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