FABRINET
At today's price, FABRINET (FN) is priced for today's economics sustained for ~12.7 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
Fabrinet's moat is precision optical manufacturing at a scale no rival matches, and the returns prove it: a trailing return on equity around 18% on a net-cash balance sheet, earned by building the advanced optical modules that route AI-datacenter traffic. The price near $573.90 is a full one. It works out to about 48 times operating income, and the inversion reads that as elevated: the price implies the company holds a high growth rate near its self-funding ceiling for roughly fifteen years, a
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645 institutional managers reported holding FN in 13F filings for the quarter ended 2026-03-31. 127 opened new positions that quarter. Held by BlackRock, Vanguard Group, T. Rowe Price, among others. On the short side, 2.5M shares were sold short as of the 2026-06-15 count, about 7% of shares outstanding (2.9 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
FN has cut its share count 2.8% over the past five years, spending $277.94M on repurchases. It pays no dividend. Cash returned over the past three years: $170.45M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at FN over the trailing three years. Absence is a fact about the company, not a signal. 12 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
FN's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-23 | +30.4% | -1.1% |
| 2023-11-08 | +5.5% | +7.9% |
| 2024-02-07 | -18.4% | -8.1% |
| 2024-05-08 | +16.8% | +14.9% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
FN's latest 8-K filings: 2026-05-04 (items 2.02, 9.01); 2026-02-02 (items 2.02, 9.01); 2025-12-12 (items 5.07); 2025-11-03 (items 2.02, 9.01); 2025-10-17 (items 5.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.