Ratios

		vs industry	vs history
P/E(ttm)	162.00	FNSR's P/E(ttm) is ranked lower than 52% of the 386 Companies in the Global Communication Equipment industry. ( Industry Median: 17.90 vs. FNSR: 162.00 )	FNSR' s 10-Year P/E(ttm) Range Min: 14.78   Max: 1963.84 Current: 162 14.78 1963.84
P/B	1.57	FNSR's P/B is ranked lower than 56% of the 386 Companies in the Global Communication Equipment industry. ( Industry Median: 1.50 vs. FNSR: 1.57 )	FNSR' s 10-Year P/B Range Min: 0.33   Max: 22.25 Current: 1.57 0.33 22.25
P/S	1.31	FNSR's P/S is ranked lower than 68% of the 386 Companies in the Global Communication Equipment industry. ( Industry Median: 0.90 vs. FNSR: 1.31 )	FNSR' s 10-Year P/S Range Min: 0.17   Max: 83.41 Current: 1.31 0.17 83.41
PFCF	23.14	FNSR's PFCF is ranked lower than 62% of the 386 Companies in the Global Communication Equipment industry. ( Industry Median: 15.70 vs. FNSR: 23.14 )	FNSR' s 10-Year PFCF Range Min: 18   Max: 2341 Current: 23.14 18 2341
EV-to-EBIT	164.38	FNSR's EV-to-EBIT is ranked higher than 58% of the 386 Companies in the Global Communication Equipment industry. ( Industry Median: 16.46 vs. FNSR: 164.38 )	FNSR' s 10-Year EV-to-EBIT Range Min: 10.7   Max: 4741.9 Current: 164.38 10.7 4741.9

Valuation & Return

		vs industry	vs history
Price/Net Cash	33	FNSR's Price/Net Cash is ranked higher than 95% of the 386 Companies in the Global Communication Equipment industry. ( Industry Median: 7.70 vs. FNSR: 33 )	FNSR' s 10-Year Price/Net Cash Range Min: 17.4   Max: 42.4 Current: 33 17.4 42.4
Price/Net Current Asset Value	4.8	FNSR's Price/Net Current Asset Value is ranked higher than 74% of the 386 Companies in the Global Communication Equipment industry. ( Industry Median: 5.55 vs. FNSR: 4.8 )	FNSR' s 10-Year Price/Net Current Asset Value Range Min: 2.3   Max: 147.8 Current: 4.8 2.3 147.8
Price/Tangible Book	1.9	FNSR's Price/Tangible Book is ranked higher than 73% of the 386 Companies in the Global Communication Equipment industry. ( Industry Median: 1.70 vs. FNSR: 1.9 )	FNSR' s 10-Year Price/Tangible Book Range Min: 0.9   Max: 90 Current: 1.9 0.9 90
Price/DCF (Projected)	2	FNSR's Price/DCF (Projected) is ranked higher than 91% of the 386 Companies in the Global Communication Equipment industry. ( Industry Median: 1.10 vs. FNSR: 2 )	FNSR' s 10-Year Price/DCF (Projected) Range Min: 2.6   Max: 9.1 Current: 2 2.6 9.1
Price/Median PS Value	0.7	FNSR's Price/Median PS Value is ranked higher than 75% of the 386 Companies in the Global Communication Equipment industry. ( Industry Median: 0.70 vs. FNSR: 0.7 )	FNSR' s 10-Year Price/Median PS Value Range Min: 0.3   Max: 40.5 Current: 0.7 0.3 40.5
Price/Graham Number	1.6	FNSR's Price/Graham Number is ranked higher than 99% of the 386 Companies in the Global Communication Equipment industry. ( Industry Median: 1.30 vs. FNSR: 1.6 )	FNSR' s 10-Year Price/Graham Number Range Min: 2   Max: 35.6 Current: 1.6 2 35.6
Earnings Yield (Greenblatt)	0.60	FNSR's Earnings Yield (Greenblatt) is ranked higher than 71% of the 386 Companies in the Global Communication Equipment industry. ( Industry Median: 4.80 vs. FNSR: 0.60 )	FNSR' s 10-Year Earnings Yield (Greenblatt) Range Min: 0.1   Max: 9.4 Current: 0.6 0.1 9.4
Forward Rate of Return (Yacktman)	-0.28	FNSR's Forward Rate of Return (Yacktman) is ranked higher than 69% of the 386 Companies in the Global Communication Equipment industry. ( Industry Median: 2.97 vs. FNSR: -0.28 )	FNSR' s 10-Year Forward Rate of Return (Yacktman) Range Min: -9.3   Max: -0.1 Current: -0.28 -9.3 -0.1

Business Description

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. Its optical subsystems consist mainly of transmitters, receivers, transceivers, transponders and active optical cables, which provide the fundamental optical-electrical, or optoelectronic interface for interconnecting the electronic equipment used in building these networks, including the switches, routers and servers used in wireline networks as well as the antennas and base stations for wireless networks. 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 dynamically 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 mainly of packaged lasers and photodetectors 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, photodetectors 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 a number of the key components of its products, including photodetectors, lasers, ASICs, printed circuit boards and software. The Company's main competitors for optical transceivers sold for data communica
Company Website
SEC Reports

Industry:	Communication Equipment
Compare:	PTFRY, QCOM, CSCO, ERIC, NOK
Traded in other countries:	FISN.Germany

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