Fabrinet Net Assets
Fabrinet net assets. 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. Also explore FN net assets growth trend to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Fabrinet (2006–2025)
Net assets of Fabrinet from 2006 to 2025. This chart illustrates how Fabrinet's net assets have evolved over time, based on quarterly financial data. See Fabrinet balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Fabrinet (2006–2025)
The table below shows the annual net assets of Fabrinet from 2006 to 2025. For live market cap and overall valuation, see Fabrinet stock valuation.
| 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.
Fabrinet Net Assets Breakdown (June 2025)
Fabrinet net assets breakdown by equity component as of 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 |
|---|---|
|
ASAHI KASEI CORP. ADR/2
F:ASA
|
$11.73 Billion |
|
Aeroports de Paris SA
PA:ADP
|
$11.74 Billion |
|
Rentokil Initial PLC
NYSE:RTO
|
$11.74 Billion |
|
SGH Ltd
AU:SGH
|
$11.74 Billion |
|
DaVita HealthCare Partners Inc
NYSE:DVA
|
$11.72 Billion |
|
Gartner Inc
NYSE:IT
|
$11.72 Billion |
|
Hormel Foods Corporation
NYSE:HRL
|
$11.71 Billion |
|
American Homes 4 Rent
NYSE:AMH
|
$11.71 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: 5.99x
- 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 130.48x to 5.99x 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 | $327.29 | x |
| 2007-06-30 | $4.12 | $327.29 | x |
| 2008-06-30 | $5.44 | $327.29 | x |
| 2009-06-30 | $6.21 | $327.29 | x |
| 2010-06-30 | $7.40 | $327.29 | x |
| 2011-06-30 | $8.76 | $327.29 | x |
| 2012-06-30 | $7.29 | $327.29 | x |
| 2013-06-30 | $9.34 | $327.29 | x |
| 2014-06-30 | $11.99 | $327.29 | x |
| 2015-06-30 | $13.31 | $327.29 | x |
| 2016-06-30 | $15.04 | $327.29 | x |
| 2017-06-30 | $18.01 | $327.29 | x |
| 2018-06-30 | $19.48 | $327.29 | x |
| 2019-06-30 | $23.07 | $327.29 | x |
| 2020-06-30 | $25.87 | $327.29 | x |
| 2021-06-30 | $29.62 | $327.29 | x |
| 2022-06-30 | $33.53 | $327.29 | x |
| 2023-06-30 | $39.85 | $327.29 | x |
| 2024-06-30 | $47.74 | $327.29 | x |
| 2025-06-30 | $54.65 | $327.29 | 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: $186,591,043
- Average return on equity (ROE) among peers: 10.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fabrinet (FN) | $2.06 Billion | 27.27% | 0.46x | $11.73 Billion |
| Allient Inc. (ALNT) | $251.57 Million | 9.58% | 1.38x | $1.46 Billion |
| Amphenol Corporation (APH) | $149.70 Million | 5.74% | 4.12x | $97.48 Billion |
| Bel Fuse A Inc (BELFA) | $88.80 Million | 17.12% | 0.17x | $399.57 Million |
| Bel Fuse B Inc (BELFB) | $178.46 Million | 13.85% | 0.22x | $2.91 Billion |
| Benchmark Electronics Inc (BHE) | $985.02 Million | 11.34% | 0.43x | $2.46 Billion |
| Cps Technologies (CPSH) | $2.55 Million | 11.25% | 0.44x | $69.17 Million |
| CTS Corporation (CTS) | $122.30 Million | 5.97% | 0.41x | $1.36 Billion |
| Data I/O Corporation (DAIO) | $18.04 Million | -2.93% | 0.59x | $22.16 Million |
| Daktronics Inc (DAKT) | $7.50 Million | 14.67% | 1.77x | $919.38 Million |
| Deswell Industries Inc (DSWL) | $61.96 Million | 16.62% | 0.16x | $46.07 Million |
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, packagi… Read more