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FabrinetFN +8.75%89 Cash-to-Debt is 213.61 as of Mar. 2026, which is 1816% above its 10-year median of 11.15. GuruFocus rates FN with a GF Score™ of 89/100 and a GF Value™ of $358.19 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,489 Hardware companies, Fabrinet ranks better than 93.61% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Fabrinet's cash to debt ratio for the quarter that ended in Mar. 2026 was 213.61.
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Fabrinetcould pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Fabrinet's Cash-to-Debt or its related term are showing as below:
FN'
s Cash-to-Debt Range Over the Past 10 Years
Min: 3.52 Med: 11.15 Max: 213.61
Current: 213.61
During the past 13 years, Fabrinet's highest Cash to Debt Ratio was 213.61. The lowest was 3.52. And the median was 11.15.
FN's Cash-to-Debt is ranked better than 93.61% of 2489
companies
in the Hardware industry
Industry Median: 1.39
vs FN: 213.61
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Fabrinet Cash-to-Debt Related Terms
Fabrinet Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Fabrinet's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Electronic Components subindustry, Fabrinet's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fabrinet Cash-to-Debt vs Hardware Industry
For the Hardware industry and Technology sector, Fabrinet's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Fabrinet's Cash-to-Debt falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Fabrinet (FN) has a Cash-to-Debt of 213.61 as of Mar. 2026. This is 1816% above median its historical median of 11.15. Over the past decade, Fabrinet's Cash-to-Debt has ranged from 3.52 to 213.61. According to the industry distribution chart, Fabrinet ranks #159 out of 2489 companies in the Hardware industry, placing it in the top 6.4%.
Is Fabrinet's Cash-to-Debt too high?
Fabrinet's current Cash-to-Debt of 213.61 is 1816% above median its 10-year median of 11.15. Over the past 10 years, this metric has ranged from a low of 3.52 to a high of 213.61. The Hardware industry median Cash-to-Debt is 1.39. Fabrinet's value of 213.61 is 15267.6% above this industry median. Based on the distribution chart, Fabrinet ranks #159 out of 2489 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Fabrinet has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fabrinet's Cash-to-Debt compare to TTMI and SANM?
According to the Hardware industry distribution chart, Fabrinet ranks #159 out of 2489 companies for Cash-to-Debt. This places Fabrinet in the top 6% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 1.39. Fabrinet's value of 213.61 is 15267.6% above this benchmark. Historically, Fabrinet's own Cash-to-Debt has ranged from 3.52 to 213.61 over the past decade. While the company's 10-year median is 11.15 vs. the industry median of 1.39, Fabrinet has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Hardware company?
The median Cash-to-Debt among Hardware companies is 1.39, based on 2,489 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fabrinet's current Cash-to-Debt of 213.61 is 15267.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median Cash-to-Debt is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fabrinet's current Cash-to-Debt is 213.61, which is 1816% above median its own 10-year median of 11.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fabrinet stock overvalued right now?
Based on GuruFocus' analysis, Fabrinet (FN) is currently considered Significantly Overvalued. The stock's GF Value™ is $358.19, compared to a current price of $571.88 — trading 59.7% above its estimated fair value. The current Cash-to-Debt is 213.61, which is 1816% above median its 10-year median of 11.15 and 15267.6% above the Hardware industry median of 1.39. Fabrinet's overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Fabrinet (FN), the current Cash-to-Debt is 213.61 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Fabrinet (FN) Overvalued in 2026?
Based on GuruFocus' analysis, Fabrinet stock appears to be overvalued.
The current stock price of $571.88 is trading 59.7% above its estimated GF Value™ of $358.19.
GuruFocus considers Fabrinet to be Significantly Overvalued.
Key valuation signals for FN:
Cash-to-Debt: 213.61 (1816% above median its 10-year median of 11.15)
GF Value™: $358.19 vs. price of $571.88 (59.7% above fair value)
Industry Position: 15267.6% above the Hardware median (#159 of 2489)
No single metric tells the full story. See the FN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fabrinet provides advance-level optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of complex products, such as optical communication components, modules and sub-systems, industrial lasers, automotive components, medical devices, and sensors. The company offers a broad range of advance optical and electro-mechanical capabilities across the entire manufacturing process, including process design and engineering, supply chain management, manufacturing, complex printed circuit board assembly, advance-level of packaging, integration, final assembly, and testing. The company generates the majority of its revenue from North America and Asia-Pacific, with the rest from Europe.
89GF Score
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