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, packagi… Read more
Fabrinet (FN) - Net Assets
Latest net assets as of September 2025: $2.06 Billion USD
Based on the latest financial reports, Fabrinet (FN) has net assets worth $2.06 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.01 Billion) and total liabilities ($947.60 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.06 Billion |
| % of Total Assets | 68.51% |
| Annual Growth Rate | 18.51% |
| 5-Year Change | 78.14% |
| 10-Year Change | 257.46% |
| Growth Volatility | 14.94 |
Fabrinet - Net Assets Trend (2006–2025)
This chart illustrates how Fabrinet's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fabrinet (2006–2025)
The table below shows the annual net assets of Fabrinet from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $1.98 Billion | +13.52% |
| 2024-06-30 | $1.75 Billion | +18.87% |
| 2023-06-30 | $1.47 Billion | +17.15% |
| 2022-06-30 | $1.25 Billion | +12.69% |
| 2021-06-30 | $1.11 Billion | +14.17% |
| 2020-06-30 | $974.41 Million | +12.90% |
| 2019-06-30 | $863.10 Million | +16.49% |
| 2018-06-30 | $740.94 Million | +8.71% |
| 2017-06-30 | $681.57 Million | +22.93% |
| 2016-06-30 | $554.42 Million | +15.76% |
| 2015-06-30 | $478.94 Million | +12.21% |
| 2014-06-30 | $426.84 Million | +31.21% |
| 2013-06-30 | $325.32 Million | +29.76% |
| 2012-06-30 | $250.71 Million | -16.85% |
| 2011-06-30 | $301.53 Million | +29.88% |
| 2010-06-30 | $232.16 Million | +19.98% |
| 2009-06-30 | $193.50 Million | +13.45% |
| 2008-06-30 | $170.56 Million | +31.86% |
| 2007-06-30 | $129.35 Million | +64.40% |
| 2006-06-30 | $78.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fabrinet's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3868.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.09 Billion | 105.63% |
| Common Stock | $396.00K | 0.02% |
| Other Comprehensive Income | $10.29 Million | 0.52% |
| Total Equity | $1.98 Billion | 100.00% |
Fabrinet Competitors by Market Cap
The table below lists competitors of Fabrinet ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Astra International Tbk PT
PINK:PTAIY
|
$16.05 Billion |
|
W. R. Berkley Corp
NYSE:WRB
|
$16.06 Billion |
|
WuXi Biologics (Cayman) Inc
PINK:WXXWY
|
$16.07 Billion |
|
Southern Copper Corporation
NYSE:SCCO
|
$16.08 Billion |
|
HCL Technologies Limited
NSE:HCLTECH
|
$15.98 Billion |
|
Global Payments Inc
NYSE:GPN
|
$15.97 Billion |
|
H4W0
F:H4W0
|
$15.92 Billion |
|
Super Micro Computer Inc
NASDAQ:SMCI
|
$15.91 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fabrinet's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,745,745,000 to 1,981,812,000, a change of 236,067,000 (13.5%).
- Net income of 332,527,000 contributed positively to equity growth.
- Share repurchases of 125,733,000 reduced equity.
- Other comprehensive income increased equity by 13,435,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $332.53 Million | +16.78% |
| Share Repurchases | $125.73 Million | -6.34% |
| Other Comprehensive Income | $13.44 Million | +0.68% |
| Other Changes | $15.84 Million | +0.8% |
| Total Change | $- | 13.52% |
Book Value vs Market Value Analysis
This analysis compares Fabrinet's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 9.38x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 204.45x to 9.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-06-30 | $2.51 | $512.82 | x |
| 2007-06-30 | $4.12 | $512.82 | x |
| 2008-06-30 | $5.44 | $512.82 | x |
| 2009-06-30 | $6.21 | $512.82 | x |
| 2010-06-30 | $7.40 | $512.82 | x |
| 2011-06-30 | $8.76 | $512.82 | x |
| 2012-06-30 | $7.29 | $512.82 | x |
| 2013-06-30 | $9.34 | $512.82 | x |
| 2014-06-30 | $11.99 | $512.82 | x |
| 2015-06-30 | $13.31 | $512.82 | x |
| 2016-06-30 | $15.04 | $512.82 | x |
| 2017-06-30 | $18.01 | $512.82 | x |
| 2018-06-30 | $19.48 | $512.82 | x |
| 2019-06-30 | $23.07 | $512.82 | x |
| 2020-06-30 | $25.87 | $512.82 | x |
| 2021-06-30 | $29.62 | $512.82 | x |
| 2022-06-30 | $33.53 | $512.82 | x |
| 2023-06-30 | $39.85 | $512.82 | x |
| 2024-06-30 | $47.74 | $512.82 | x |
| 2025-06-30 | $54.65 | $512.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fabrinet utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.78%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.72%
- • Asset Turnover: 1.21x
- • Equity Multiplier: 1.43x
- Recent ROE (16.78%) is above the historical average (15.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 27.27% | 5.71% | 1.56x | 3.06x | $13.59 Million |
| 2007 | 38.45% | 10.03% | 2.07x | 1.86x | $36.80 Million |
| 2008 | 24.52% | 8.18% | 1.75x | 1.72x | $24.77 Million |
| 2009 | 16.18% | 7.10% | 1.53x | 1.49x | $11.95 Million |
| 2010 | 19.09% | 8.76% | 1.34x | 1.63x | $21.11 Million |
| 2011 | 21.33% | 8.65% | 1.70x | 1.45x | $34.18 Million |
| 2012 | -22.52% | -10.00% | 1.22x | 1.84x | $-81.54 Million |
| 2013 | 21.20% | 10.75% | 1.38x | 1.43x | $36.44 Million |
| 2014 | 21.49% | 13.53% | 1.20x | 1.32x | $49.05 Million |
| 2015 | 9.11% | 5.64% | 1.15x | 1.40x | $-4.25 Million |
| 2016 | 11.16% | 6.34% | 1.14x | 1.54x | $6.46 Million |
| 2017 | 14.25% | 6.84% | 1.38x | 1.52x | $28.96 Million |
| 2018 | 11.36% | 6.13% | 1.26x | 1.47x | $10.07 Million |
| 2019 | 14.01% | 7.63% | 1.26x | 1.45x | $34.65 Million |
| 2020 | 11.65% | 6.91% | 1.19x | 1.42x | $16.04 Million |
| 2021 | 13.33% | 7.89% | 1.16x | 1.45x | $37.09 Million |
| 2022 | 15.98% | 8.86% | 1.23x | 1.46x | $75.01 Million |
| 2023 | 16.88% | 9.37% | 1.34x | 1.35x | $101.05 Million |
| 2024 | 16.97% | 10.27% | 1.23x | 1.34x | $121.61 Million |
| 2025 | 16.78% | 9.72% | 1.21x | 1.43x | $134.35 Million |
Industry Comparison
This section compares Fabrinet's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $32,528,480,432
- Average return on equity (ROE) among peers: -25.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fabrinet (FN) | $2.06 Billion | 27.27% | 0.46x | $16.02 Billion |
| American Aires Inc (AAIRF) | $1.24 Million | -74.22% | 0.48x | $3.94 Million |
| Alpha Technologies Group Inc (AHAG) | $36.87 Million | 0.83% | 1.10x | $0.92 |
| Allient Inc. (ALNT) | $34.00 Million | 7.05% | 0.52x | $863.95 Million |
| alpha-En Corporation (ALPE) | $40.04K | -198.48% | 5.37x | $3.62K |
| Alps Electric Co Ltd (APELY) | $177.17 Billion | 5.46% | 1.82x | $2.39 Billion |
| Amphenol Corporation (APH) | $360.50 Million | 18.75% | 0.97x | $167.08 Billion |
| AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (ASAAF) | $202.88 Million | 8.78% | 1.04x | $344.33 Million |
| Audinate Group Limited (AUDGF) | $41.14 Million | 1.61% | 0.13x | $323.81 Million |
| AU Optronics Corp (AUOTY) | $136.15 Billion | -37.70% | 2.78x | $3.80 Billion |
| AVMPF (AVMPF) | $11.29 Billion | 16.97% | 2.73x | $7.28 Billion |