Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash to Debt 2.03
FNSR's Cash to Debt is ranked higher than
58% of the 632 Companies
in the Global Communication Equipment industry.

( Industry Median: 4.25 vs. FNSR: 2.03 )
FNSR' s 10-Year Cash to Debt Range
Min: 0.22   Max: No Debt
Current: 2.03

Equity to Asset 0.68
FNSR's Equity to Asset is ranked higher than
76% of the 614 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.57 vs. FNSR: 0.68 )
FNSR' s 10-Year Equity to Asset Range
Min: 0.23   Max: 0.97
Current: 0.68

0.23
0.97
Interest Coverage 20.09
FNSR's Interest Coverage is ranked higher than
52% of the 379 Companies
in the Global Communication Equipment industry.

( Industry Median: 124.89 vs. FNSR: 20.09 )
FNSR' s 10-Year Interest Coverage Range
Min: 1.26   Max: 9999.99
Current: 20.09

1.26
9999.99
F-Score: 5
Z-Score: 2.68
M-Score: -2.39
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) 9.63
FNSR's Operating margin (%) is ranked higher than
86% of the 622 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.27 vs. FNSR: 9.63 )
FNSR' s 10-Year Operating margin (%) Range
Min: -175.6   Max: 32.15
Current: 9.63

-175.6
32.15
Net-margin (%) 9.66
FNSR's Net-margin (%) is ranked higher than
87% of the 622 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.61 vs. FNSR: 9.66 )
FNSR' s 10-Year Net-margin (%) Range
Min: -372.26   Max: 19.75
Current: 9.66

-372.26
19.75
ROE (%) 11.00
FNSR's ROE (%) is ranked higher than
85% of the 613 Companies
in the Global Communication Equipment industry.

( Industry Median: 5.00 vs. FNSR: 11.00 )
FNSR' s 10-Year ROE (%) Range
Min: -225.38   Max: 67.61
Current: 11

-225.38
67.61
ROA (%) 7.46
FNSR's ROA (%) is ranked higher than
88% of the 628 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.62 vs. FNSR: 7.46 )
FNSR' s 10-Year ROA (%) Range
Min: -146.3   Max: 56.17
Current: 7.46

-146.3
56.17
ROC (Joel Greenblatt) (%) 18.01
FNSR's ROC (Joel Greenblatt) (%) is ranked higher than
80% of the 625 Companies
in the Global Communication Equipment industry.

( Industry Median: 10.85 vs. FNSR: 18.01 )
FNSR' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -126.88   Max: 50
Current: 18.01

-126.88
50
Revenue Growth (%) 2.80
FNSR's Revenue Growth (%) is ranked higher than
68% of the 526 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.90 vs. FNSR: 2.80 )
FNSR' s 10-Year Revenue Growth (%) Range
Min: -10.1   Max: 91.7
Current: 2.8

-10.1
91.7
EBITDA Growth (%) 5.90
FNSR's EBITDA Growth (%) is ranked higher than
73% of the 395 Companies
in the Global Communication Equipment industry.

( Industry Median: 0.90 vs. FNSR: 5.90 )
FNSR' s 10-Year EBITDA Growth (%) Range
Min: -34   Max: 124.9
Current: 5.9

-34
124.9
EPS Growth (%) 2.30
FNSR's EPS Growth (%) is ranked higher than
73% of the 367 Companies
in the Global Communication Equipment industry.

( Industry Median: -1.40 vs. FNSR: 2.30 )
FNSR' s 10-Year EPS Growth (%) Range
Min: -51.1   Max: 78.3
Current: 2.3

-51.1
78.3
» FNSR's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

FNSR Guru Trades in Q3 2013

Ken Fisher 4,530,949 sh (+0.34%)
Columbia Wanger 3,373,850 sh (unchged)
Paul Tudor Jones 13,800 sh (-17.86%)
Chuck Royce 681,655 sh (-23.04%)
Steven Cohen 56,003 sh (-34.27%)
Jim Simons 702,410 sh (-45.98%)
» More
Q4 2013

FNSR Guru Trades in Q4 2013

RS Investment Management 120,500 sh (New)
Pioneer Investments 184,882 sh (New)
Steven Cohen 401,752 sh (+617.38%)
Paul Tudor Jones 21,363 sh (+54.8%)
Chuck Royce 679,155 sh (-0.37%)
Ken Fisher 4,477,684 sh (-1.18%)
Columbia Wanger 2,312,250 sh (-31.47%)
Jim Simons 123,810 sh (-82.37%)
» More
Q1 2014

FNSR Guru Trades in Q1 2014

RS Investment Management 3,533,846 sh (+2832.65%)
Steven Cohen 960,302 sh (+139.03%)
Jim Simons 223,110 sh (+80.2%)
Chuck Royce 707,155 sh (+4.12%)
Columbia Wanger 2,312,250 sh (unchged)
Pioneer Investments Sold Out
Paul Tudor Jones Sold Out
Ken Fisher 4,390,554 sh (-1.95%)
» More
Q2 2014

FNSR Guru Trades in Q2 2014

Paul Tudor Jones 35,600 sh (New)
Daniel Loeb 3,500,000 sh (New)
Jim Simons Sold Out
Columbia Wanger 2,309,950 sh (-0.1%)
RS Investment Management 3,499,630 sh (-0.97%)
Ken Fisher 4,208,399 sh (-4.15%)
Chuck Royce 446,155 sh (-36.91%)
» More
» Details

Insider Trades

Latest Guru Trades with FNSR

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Daniel Loeb 2014-06-30 New Buy0.85%$19.2 - $28.45 $ 19.88-18%3500000
George Soros 2012-09-30 Sold Out 0.09%$11.38 - $16.86 $ 19.8842%0
George Soros 2012-03-31 New Buy0.14%$16.33 - $23.41 $ 19.885%475000
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 19.00
FNSR's P/E(ttm) is ranked higher than
81% of the 680 Companies
in the Global Communication Equipment industry.

( Industry Median: 49.60 vs. FNSR: 19.00 )
FNSR' s 10-Year P/E(ttm) Range
Min: 14.78   Max: 848.57
Current: 19

14.78
848.57
P/B 1.80
FNSR's P/B is ranked higher than
66% of the 680 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.19 vs. FNSR: 1.80 )
FNSR' s 10-Year P/B Range
Min: 0.89   Max: 9.1
Current: 1.8

0.89
9.1
P/S 1.80
FNSR's P/S is ranked lower than
52% of the 680 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.40 vs. FNSR: 1.80 )
FNSR' s 10-Year P/S Range
Min: 0.17   Max: 5.23
Current: 1.8

0.17
5.23
EV-to-EBIT 14.75
FNSR's EV-to-EBIT is ranked higher than
83% of the 680 Companies
in the Global Communication Equipment industry.

( Industry Median: 45.16 vs. FNSR: 14.75 )
FNSR' s 10-Year EV-to-EBIT Range
Min: 10.7   Max: 214.6
Current: 14.75

10.7
214.6
PEG 0.70
FNSR's PEG is ranked higher than
95% of the 680 Companies
in the Global Communication Equipment industry.

( Industry Median: 9999.00 vs. FNSR: 0.70 )
FNSR' s 10-Year PEG Range
Min: 0   Max: 1339.84
Current: 0.7

0
1339.84

Valuation & Return

vs
industry
vs
history
Price/Net Cash 62.10
FNSR's Price/Net Cash is ranked higher than
82% of the 680 Companies
in the Global Communication Equipment industry.

( Industry Median: 9999.00 vs. FNSR: 62.10 )
FNSR' s 10-Year Price/Net Cash Range
Min: 13.66   Max: 81.72
Current: 62.1

13.66
81.72
Price/Net Current Asset Value 5.40
FNSR's Price/Net Current Asset Value is ranked higher than
89% of the 680 Companies
in the Global Communication Equipment industry.

( Industry Median: 9999.00 vs. FNSR: 5.40 )
FNSR' s 10-Year Price/Net Current Asset Value Range
Min: 3.84   Max: 26.22
Current: 5.4

3.84
26.22
Price/Tangible Book 2.20
FNSR's Price/Tangible Book is ranked higher than
66% of the 680 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.30 vs. FNSR: 2.20 )
FNSR' s 10-Year Price/Tangible Book Range
Min: 0.93   Max: 90
Current: 2.2

0.93
90
Price/DCF (Projected) 2.50
FNSR's Price/DCF (Projected) is ranked higher than
73% of the 680 Companies
in the Global Communication Equipment industry.

( Industry Median: 9999.00 vs. FNSR: 2.50 )
FNSR' s 10-Year Price/DCF (Projected) Range
Min: 1.66   Max: 9.12
Current: 2.5

1.66
9.12
Price/Median PS Value 1.10
FNSR's Price/Median PS Value is ranked higher than
63% of the 680 Companies
in the Global Communication Equipment industry.

( Industry Median: 1.10 vs. FNSR: 1.10 )
FNSR' s 10-Year Price/Median PS Value Range
Min: 0.28   Max: 42.89
Current: 1.1

0.28
42.89
Price/Graham Number 1.30
FNSR's Price/Graham Number is ranked higher than
82% of the 680 Companies
in the Global Communication Equipment industry.

( Industry Median: 3.80 vs. FNSR: 1.30 )
FNSR' s 10-Year Price/Graham Number Range
Min: 1.72   Max: 37.98
Current: 1.3

1.72
37.98
Earnings Yield (Greenblatt) 6.50
FNSR's Earnings Yield (Greenblatt) is ranked higher than
72% of the 568 Companies
in the Global Communication Equipment industry.

( Industry Median: 5.30 vs. FNSR: 6.50 )
FNSR' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.5   Max: 9.4
Current: 6.5

0.5
9.4
Forward Rate of Return (Yacktman) 0.15
FNSR's Forward Rate of Return (Yacktman) is ranked higher than
66% of the 458 Companies
in the Global Communication Equipment industry.

( Industry Median: 2.33 vs. FNSR: 0.15 )
FNSR' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -11.9   Max: 0.4
Current: 0.15

-11.9
0.4

Business Description

Industry: Communication Equipment » Communication Equipment
Compare:PTFRY, QCOM, CSCO, ERIC, NOK » details
Traded in other countries:FISN.Germany
Finisar Corporation was incorporated in California in April 1987 and reincorporated in Delaware in November 1999. The Company is a provider of optical subsystems and components that are used in data communication and telecommunication applications. The Company supplies optical transceivers and transponders that allow point-to-point communications on a fiber using a single specified wavelength or, bundled with multiplexing technologies, can be used to supply multi-Gbps bandwidth over several wavelengths on the same fiber. It also provides products known as wavelength selective switches, or WSS. In long-haul and metro networks, each fiber may carry 50 to 100 different high-speed optical channels, each with its own specific optical wavelength. WSS are switches that are used to switch network traffic from one optical fiber to multiple other fibers without first converting the optical signal to an electronic signal. The wavelength selective feature means that WSS enable any wavelength or combination of wavelengths to be switched from the input fiber to the output fibers. WSS products are sometimes combined with other components and sold as linecards that plug into a system chassis referred to as a reconfigurable optical add/drop multiplexer, or ROADM. Its line of optical components consists of packaged lasers and photo detectors for data communication and telecommunication applications and passive optical components used in telecommunication applications. Its manufacturing operations are vertically integrated and it utilize internal sources for many of the key components used in making its products including lasers, photo detectors and integrated circuits, or ICs, designed by its internal IC engineering teams. It also has internal assembly and test capabilities that make use of internally designed equipment for the automated testing of its optical subsystems and components. It sell its optical products to manufacturers of storage systems, networking equipment and telecommunication equipment, such as Alcatel-Lucent, Brocade, Ciena, Cisco Systems, EMC, Emulex, Ericsson, Fujitsu, Hewlett-Packard Company, Huawei, IBM, Juniper, Qlogic, Nokia-Siemens and Tellabs, as well as their contract manufacturers. The Company manufactures its optical subsystems at its production facility in Ipoh, Malaysia. It designs and develops various key components of its products, including photo detectors, lasers, ASICs, printed circuit boards and software. The Company's competitors for optical transceivers sold for data communication applications include Avago Technologies, JDS Uniphase and Opnext. Its competitors for optical transceivers sold for telecommunication applications include JDS Uniphase, Oclaro, Opnext and Sumitomo. Its main competitors for WSS ROADM products include CoAdna, JDS Uniphase, Oclaro and Oplink.
» More Articles for FNSR

Headlines

Articles On GuruFocus.com
Why Finisar is Set to Soar Aug 13 2014 
Is This Fiber-Optic Company A Good Bet For Your Portfolio? Jul 10 2014 
Two Optical Networking Stocks That Investors Should Consider Jul 03 2014 
These Technology Stocks Can Provide Good Returns Jun 23 2014 
Why This Tech Stock Has More Upside Jun 22 2014 
Finisar: Benefit from the Data Boom with This Stock Jun 12 2014 
This Tech Company Has More Upside Potential Jun 05 2014 
Why Finisar Has More Upside Potential Jun 05 2014 
Why This Technology Stock Hasn't Run Out of Fuel Yet May 28 2014 
5 Stocks George Soros Is Dumping Now Sep 07 2011 


More From Other Websites
Finisar to Announce Fiscal First Quarter 2015 Financial Results and to Present at Investor... Aug 14 2014
Oclaro Down On FQ1 Outlook; Sector Falls After Hours Aug 13 2014
FINISAR CORP Financials Jul 03 2014
Interlink Electronics, Inc. Announces Expansion of the Board of Directors Jul 02 2014
Moving Average Crossover Alert: Finisar (FNSR) Jul 02 2014
FINISAR CORP Files SEC form 10-K, Annual Report Jun 26 2014
Insider Trading Alert - WDC, LFUS And FNSR Traded By Insiders Jun 25 2014
Applied Optoelectronics Shines In Fast-Fiber Internet Jun 23 2014
Finisar Showcases Optical Interconnect Portfolio for HPC Applications at ISC'14 Jun 23 2014
FINISAR CORP Files SEC form 8-K, Change in Directors or Principal Officers Jun 17 2014
Finisar (FNSR) is Oversold: Can It Recover? Jun 16 2014
[$$] Finisar's Margins Melting in China Jun 16 2014
Market Wrap For June 13: Despite Rising, Dow And S&P 500 Lower For The Week Jun 13 2014
US STOCKS-Wall St edges up as Intel leads gains in tech Jun 13 2014
Finisar - Dramatic Margin Pressure Triggers A Sell-Off Jun 13 2014
Finisar plummets after profit, gross margin outlook trail estimates Jun 13 2014

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide