FN (Fabrinet) Financial Strength: 8 (As of Mar. 2026) — 11% Below Median

Author: Vera Yuan Vera Yuan
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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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Charlie Tian
Charlie Tian
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
96 GF Score
Price $494.26
GF Value $371.06
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Fabrinet Financial Strength?

Fabrinet FN +3.32% 96 Financial Strength is 8 as of Mar. 2026, which is 11% below its 10-year median of 9.00. GuruFocus rates FN with a GF Score™ of 96/100 and a GF Value™ of $371.06 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Fabrinet has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Fabrinet shows strong financial strength.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

GuruFocus does not calculate Fabrinet's interest coverage with the available data. Fabrinet's debt to revenue ratio for the quarter that ended in Mar. 2026 was 0.00. As of today, Fabrinet's Altman Z-Score is 11.75.


Fabrinet  (NYSE:FN) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Fabrinet has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Fabrinet Financial Strength Related Terms


FN vs TTMI, VICR, SANM: Financial Strength Comparison

For the Electronic Components subindustry, Fabrinet's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength vs Hardware Industry

For the Hardware industry and Technology sector, Fabrinet's Financial Strength distribution charts can be found below:

* The bar in red indicates where Fabrinet's Financial Strength falls into.


FN
96GF Score
Fabrinet FN
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Fabrinet Financial Strength Calculation

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

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

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Fabrinet's Interest Expense for the months ended in Mar. 2026 was $0 Mil. Its Operating Income for the months ended in Mar. 2026 was $120 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $3 Mil.

Fabrinet's Interest Coverage for the quarter that ended in Mar. 2026 is

GuruFocus does not calculate Fabrinet's interest coverage with the available data.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Fabrinet has enough cash to cover all of its debt. Its financial situation is stable.

2. Debt to revenue ratio. The lower, the better.

Fabrinet's Debt to Revenue Ratio for the quarter that ended in Mar. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.462 + 2.963) / 4857.172
=0.00

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Fabrinet has a Z-score of 11.75, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 11.75 is strong.

* 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.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 8 mean?
Fabrinet (FN) has a Financial Strength of 8 as of Mar. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Fabrinet and its competitors. This is 11% below median its historical median of 9.00. Over the past decade, Fabrinet's Financial Strength has ranged from 3.00 to 10.00.
Is Fabrinet's Financial Strength too high?
Fabrinet's current Financial Strength of 8 is 11% below median its 10-year median of 9.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 10.00. Overall, Fabrinet has a GF Score™ of 96/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fabrinet's Financial Strength compare to TTMI and VICR?
Fabrinet's Financial Strength of 8 can be compared against companies in the Hardware industry. Historically, Fabrinet's own Financial Strength has ranged from 3.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Hardware company?
A good Financial Strength depends on the Hardware industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Fabrinet and its competitors. Fabrinet's current Financial Strength is 8, which is 11% below median its own 10-year median of 9.00. 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 $371.06, compared to a current price of $494.26 — trading 33.2% above its estimated fair value. The current Financial Strength is 8, which is 11% below median its 10-year median of 9.00. Fabrinet's overall GF Score™ is 96/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Fabrinet (FN), the current Financial Strength is 8 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 $494.26 is trading 33.2% above its estimated GF Value™ of $371.06. GuruFocus considers Fabrinet to be Significantly Overvalued.

Key valuation signals for FN:

  • Financial Strength: 8 (11% below median its 10-year median of 9.00)
  • GF Value™: $371.06 vs. price of $494.26 (33.2% above fair value)
  • GF Score™: 96/100 with 3 warning signs

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.
96GF Score

Get the complete analysis for FN

Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$494.26
Price
$371.06
GF Value