FN (Fabrinet) Intrinsic Value: Projected FCF: $112.46 (As of Aug. 16, 2026) — 5667% Above Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FN Fabrinet FN
93 GF Score
Price $570.22
GF Value $377.38
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Fabrinet Intrinsic Value: Projected FCF?

Fabrinet FN +0.66% 93 Intrinsic Value: Projected FCF is $112.46 as of Aug. 16, 2026, which is 5667% above its 10-year median of 1.95. GuruFocus rates FN with a GF Score™ of 93/100 and a GF Value™ of $377.38 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,701 Hardware companies, Fabrinet ranks worse than 78.07% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-16), Fabrinet's Intrinsic Value: Projected FCF is $112.46. The stock price of Fabrinet is $570.22. Therefore, Fabrinet's Price-to-Intrinsic-Value-Projected-FCF of today is 5.1.

The historical rank and industry rank for Fabrinet's Intrinsic Value: Projected FCF or its related term are showing as below:

FN' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.26   Med: 1.95   Max: 5.07
Current: 5.07

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Fabrinet was 5.07. The lowest was 1.26. And the median was 1.95.

FN's Price-to-Projected-FCF is ranked worse than
78.07% of 1701 companies
in the Hardware industry
Industry Median: 1.73 vs FN: 5.07

Fabrinet  (NYSE:FN) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Fabrinet's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=570.22/112.45861655059
=5.07

* 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 Intrinsic Value: Projected FCF Related Terms


Fabrinet Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Fabrinet's Intrinsic Value: Projected FCF 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.

Fabrinet Intrinsic Value: Projected FCF Chart

Fabrinet Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.32 54.83 70.62 96.93 108.10

Fabrinet Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 108.05 108.10 111.19 113.35 112.46

FN vs TTMI, SANM, LFUS: Intrinsic Value: Projected FCF Comparison

For the Electronic Components subindustry, Fabrinet's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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 Price-to-Projected-FCF vs Hardware Industry

For the Hardware industry and Technology sector, Fabrinet's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Fabrinet's Price-to-Projected-FCF falls into.


FN
93GF Score
Fabrinet FN
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fabrinet Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Fabrinet's Free Cash Flow(6 year avg) = $150.62.

Fabrinet's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar26)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*150.61856+2304.711*0.8)/36.301
=112.46

* 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.

What does a Intrinsic Value: Projected FCF of $112.46 mean?
Fabrinet (FN) has a Intrinsic Value: Projected FCF of $112.46 as of Aug. 16, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Fabrinet and its competitors. This is 5667% above median its historical median of 1.95. Over the past decade, Fabrinet's Intrinsic Value: Projected FCF has ranged from 1.26 to 5.07. According to the industry distribution chart, Fabrinet ranks #1328 out of 1701 companies in the Hardware industry, placing it in the top 78.1%.
Is Fabrinet's Intrinsic Value: Projected FCF too high?
Fabrinet's current Intrinsic Value: Projected FCF of $112.46 is 5667% above median its 10-year median of 1.95. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 5.07. The Hardware industry median Intrinsic Value: Projected FCF is 1.73. Fabrinet's value of $112.46 is 6400.6% above this industry median. Based on the distribution chart, Fabrinet ranks #1328 out of 1701 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Fabrinet has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fabrinet's Intrinsic Value: Projected FCF compare to TTMI and SANM?
According to the Hardware industry distribution chart, Fabrinet ranks #1328 out of 1701 companies for Intrinsic Value: Projected FCF. This places Fabrinet in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 1.73. Fabrinet's value of $112.46 is 6400.6% above this benchmark. Historically, Fabrinet's own Intrinsic Value: Projected FCF has ranged from 1.26 to 5.07 over the past decade. While the company's 10-year median is 1.95 vs. the industry median of 1.73, 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 Intrinsic Value: Projected FCF for a Hardware company?
The median Intrinsic Value: Projected FCF among Hardware companies is 1.73, based on 1,701 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fabrinet's current Intrinsic Value: Projected FCF of $112.46 is 6400.6% 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Fabrinet and its competitors. For the Hardware industry, the median Intrinsic Value: Projected FCF is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fabrinet's current Intrinsic Value: Projected FCF is $112.46, which is 5667% above median its own 10-year median of 1.95. 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 $377.38, compared to a current price of $570.22 — trading 51.1% above its estimated fair value. The current Intrinsic Value: Projected FCF is $112.46, which is 5667% above median its 10-year median of 1.95 and 6400.6% above the Hardware industry median of 1.73. Fabrinet's overall GF Score™ is 93/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Fabrinet (FN), the current Intrinsic Value: Projected FCF is $112.46 as of Aug. 16, 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 $570.22 is trading 51.1% above its estimated GF Value™ of $377.38. GuruFocus considers Fabrinet to be Significantly Overvalued.

Key valuation signals for FN:

  • Intrinsic Value: Projected FCF: $112.46 (5667% above median its 10-year median of 1.95)
  • GF Value™: $377.38 vs. price of $570.22 (51.1% above fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 6400.6% above the Hardware median (#1328 of 1701)

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 Business Description

Address C/o Intertrust Corporate Services (Cayman) Limited, One Nexus Way, Camana Bay, Grand Cayman, CYM, KY1-9005
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.
93GF Score

Get the complete analysis for FN

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$570.22
Price
$377.38
GF Value