Fabrinet Free Cash Flow Yield vs Free Cash Flow Analysis

FN Stock

USD 221.24 0.35 0.16%

Fabrinet financial indicator trend analysis is much more than just examining Fabrinet latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fabrinet is a good investment. Please check the relationship between Fabrinet Free Cash Flow Yield and its Free Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fabrinet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.

Free Cash Flow Yield vs Free Cash Flow

Free Cash Flow Yield vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fabrinet Free Cash Flow Yield account and Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.

The correlation between Fabrinet's Free Cash Flow Yield and Free Cash Flow is 0.75. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Fabrinet, assuming nothing else is changed. The correlation between historical values of Fabrinet's Free Cash Flow Yield and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Fabrinet are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Free Cash Flow Yield i.e., Fabrinet's Free Cash Flow Yield and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Fabrinet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fabrinet current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fabrinet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.At this time, Fabrinet's Tax Provision is very stable compared to the past year. As of the 26th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0, while Selling General Administrative is likely to drop about 47.9 M.

	2021	2022	2023	2024 (projected)
Interest Expense	432K	1.5M	124K	117.8K
Depreciation And Amortization	38.7M	43.8M	49.0M	51.5M

Interest Expense Depreciation And Amortization

Fabrinet fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock
Total Assets		-0.4	0.9	0.98	1.0	0.81	0.12	-0.83	0.99	0.98	0.86	0.81	-0.18	0.97	0.99	0.75	0.68	0.29	0.81	0.89	-0.67	0.82	0.92	1.0	-0.31	0.85
Short Long Term Debt Total	-0.4		-0.42	-0.34	-0.44	-0.01	-0.58	0.68	-0.5	-0.35	-0.56	0.01	0.37	-0.43	-0.46	-0.2	0.21	0.59	-0.18	-0.67	0.64	-0.06	-0.49	-0.43	0.47	-0.04
Other Current Liab	0.9	-0.42		0.91	0.89	0.7	0.24	-0.72	0.9	0.88	0.73	0.69	-0.17	0.85	0.93	0.57	0.47	0.21	0.73	0.86	-0.82	0.75	0.83	0.91	-0.29	0.68
Total Current Liabilities	0.98	-0.34	0.91		0.96	0.81	0.09	-0.75	0.96	0.99	0.77	0.81	-0.11	0.91	0.97	0.69	0.63	0.29	0.85	0.86	-0.69	0.86	0.87	0.97	-0.21	0.8
Total Stockholder Equity	1.0	-0.44	0.89	0.96		0.79	0.14	-0.86	1.0	0.97	0.88	0.79	-0.19	0.98	0.99	0.76	0.67	0.26	0.79	0.91	-0.67	0.79	0.93	1.0	-0.33	0.84
Property Plant And Equipment Net	0.81	-0.01	0.7	0.81	0.79		-0.23	-0.5	0.77	0.83	0.53	1.0	-0.01	0.71	0.78	0.79	0.72	0.45	0.94	0.52	-0.35	0.95	0.6	0.79	-0.07	0.9
Current Deferred Revenue	0.12	-0.58	0.24	0.09	0.14	-0.23		-0.35	0.19	0.05	0.3	-0.25	-0.39	0.17	0.2	-0.3	-0.3	-0.34	-0.2	0.46	-0.46	-0.17	0.35	0.14	-0.4	-0.14
Net Debt	-0.83	0.68	-0.72	-0.75	-0.86	-0.5	-0.35		-0.86	-0.76	-0.99	-0.49	0.27	-0.9	-0.81	-0.71	-0.45	-0.03	-0.53	-0.9	0.56	-0.52	-0.87	-0.85	0.52	-0.64
Retained Earnings	0.99	-0.5	0.9	0.96	1.0	0.77	0.19	-0.86		0.96	0.88	0.76	-0.22	0.97	0.99	0.74	0.62	0.21	0.78	0.93	-0.71	0.77	0.94	1.0	-0.35	0.81
Accounts Payable	0.98	-0.35	0.88	0.99	0.97	0.83	0.05	-0.76	0.96		0.78	0.83	-0.16	0.92	0.97	0.72	0.65	0.32	0.87	0.85	-0.66	0.87	0.87	0.98	-0.26	0.82
Cash	0.86	-0.56	0.73	0.77	0.88	0.53	0.3	-0.99	0.88	0.78		0.53	-0.22	0.93	0.82	0.72	0.56	0.15	0.53	0.89	-0.51	0.54	0.9	0.87	-0.49	0.7
Non Current Assets Total	0.81	0.01	0.69	0.81	0.79	1.0	-0.25	-0.49	0.76	0.83	0.53		-0.01	0.71	0.77	0.79	0.73	0.47	0.94	0.52	-0.34	0.95	0.6	0.79	-0.06	0.9
Non Currrent Assets Other	-0.18	0.37	-0.17	-0.11	-0.19	-0.01	-0.39	0.27	-0.22	-0.16	-0.22	-0.01		-0.19	-0.2	0.02	0.13	-0.25	-0.12	-0.25	0.27	-0.08	-0.17	-0.2	0.87	-0.05
Cash And Short Term Investments	0.97	-0.43	0.85	0.91	0.98	0.71	0.17	-0.9	0.97	0.92	0.93	0.71	-0.19		0.94	0.77	0.67	0.28	0.69	0.92	-0.63	0.71	0.96	0.97	-0.37	0.81
Net Receivables	0.99	-0.46	0.93	0.97	0.99	0.78	0.2	-0.81	0.99	0.97	0.82	0.77	-0.2	0.94		0.69	0.6	0.21	0.8	0.92	-0.75	0.8	0.92	0.99	-0.3	0.78
Common Stock Total Equity	0.75	-0.2	0.57	0.69	0.76	0.79	-0.3	-0.71	0.74	0.72	0.72	0.79	0.02	0.77	0.69		0.68	0.29	0.72	0.58	-0.27	0.73	0.67	0.75	-0.2	0.8
Common Stock Shares Outstanding	0.68	0.21	0.47	0.63	0.67	0.72	-0.3	-0.45	0.62	0.65	0.56	0.73	0.13	0.67	0.6	0.68		0.6	0.56	0.38	-0.01	0.58	0.57	0.65	-0.04	0.9
Non Current Liabilities Total	0.29	0.59	0.21	0.29	0.26	0.45	-0.34	-0.03	0.21	0.32	0.15	0.47	-0.25	0.28	0.21	0.29	0.6		0.35	-0.01	0.17	0.45	0.15	0.27	-0.28	0.52
Inventory	0.81	-0.18	0.73	0.85	0.79	0.94	-0.2	-0.53	0.78	0.87	0.53	0.94	-0.12	0.69	0.8	0.72	0.56	0.35		0.56	-0.45	0.97	0.56	0.8	-0.15	0.8
Other Current Assets	0.89	-0.67	0.86	0.86	0.91	0.52	0.46	-0.9	0.93	0.85	0.89	0.52	-0.25	0.92	0.92	0.58	0.38	-0.01	0.56		-0.82	0.58	0.96	0.91	-0.41	0.58
Other Stockholder Equity	-0.67	0.64	-0.82	-0.69	-0.67	-0.35	-0.46	0.56	-0.71	-0.66	-0.51	-0.34	0.27	-0.63	-0.75	-0.27	-0.01	0.17	-0.45	-0.82		-0.46	-0.72	-0.69	0.29	-0.25
Total Liab	0.82	-0.06	0.75	0.86	0.79	0.95	-0.17	-0.52	0.77	0.87	0.54	0.95	-0.08	0.71	0.8	0.73	0.58	0.45	0.97	0.58	-0.46		0.61	0.81	-0.12	0.81
Property Plant And Equipment Gross	0.92	-0.49	0.83	0.87	0.93	0.6	0.35	-0.87	0.94	0.87	0.9	0.6	-0.17	0.96	0.92	0.67	0.57	0.15	0.56	0.96	-0.72	0.61		0.93	-0.34	0.7
Total Current Assets	1.0	-0.43	0.91	0.97	1.0	0.79	0.14	-0.85	1.0	0.98	0.87	0.79	-0.2	0.97	0.99	0.75	0.65	0.27	0.8	0.91	-0.69	0.81	0.93		-0.33	0.83
Short Term Debt	-0.31	0.47	-0.29	-0.21	-0.33	-0.07	-0.4	0.52	-0.35	-0.26	-0.49	-0.06	0.87	-0.37	-0.3	-0.2	-0.04	-0.28	-0.15	-0.41	0.29	-0.12	-0.34	-0.33		-0.21
Common Stock	0.85	-0.04	0.68	0.8	0.84	0.9	-0.14	-0.64	0.81	0.82	0.7	0.9	-0.05	0.81	0.78	0.8	0.9	0.52	0.8	0.58	-0.25	0.81	0.7	0.83	-0.21

Click cells to compare fundamentals

Fabrinet Account Relationship Matchups

Fabrinet fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.6B	1.8B	2.0B	2.3B	2.5B
Short Long Term Debt Total	59.5M	46.0M	31.2M	13.4M	5.0M	4.7M
Other Current Liab	70.3M	75.2M	77.1M	112.5M	109.5M	114.9M
Total Current Liabilities	337.5M	444.4M	538.5M	481.9M	557.9M	585.8M
Total Stockholder Equity	974.4M	1.1B	1.3B	1.5B	1.7B	1.8B
Property Plant And Equipment Net	236.3M	247.8M	296.4M	312.0M	312.6M	172.7M
Current Deferred Revenue	1.6M	1.7M	2.0M	6.0M	16.3M	17.1M
Net Debt	(165.9M)	(257.0M)	(166.8M)	(217.9M)	(405.0M)	(384.7M)
Retained Earnings	868.1M	1.0B	1.2B	1.5B	1.8B	1.8B
Accounts Payable	251.6M	346.6M	439.7M	381.1M	441.8M	463.9M
Cash	225.4M	303.0M	198.0M	231.4M	410.0M	430.5M
Non Current Assets Total	246.5M	263.6M	310.5M	327.1M	325.8M	181.9M
Non Currrent Assets Other	202K	1.8M	652K	635K	485K	460.8K
Cash And Short Term Investments	488.1M	547.9M	478.2M	550.5M	858.6M	901.5M
Net Receivables	310.2M	348.4M	452.7M	531.8M	592.5M	622.1M
Common Stock Total Equity	385K	388K	390K	393K	452.0K	381.4K
Common Stock Shares Outstanding	37.7M	37.6M	37.4M	36.9M	36.6M	38.7M
Liabilities And Stockholders Equity	1.4B	1.6B	1.8B	2.0B	2.3B	2.5B
Non Current Liabilities Total	69.4M	59.2M	43.5M	29.1M	34.8M	40.1M
Inventory	309.8M	422.1M	557.1M	519.6M	463.2M	240.8M
Other Current Assets	13.9M	34.0M	37.2M	50.7M	98.4M	103.4M
Other Stockholder Equity	107.1M	102.1M	49.4M	11.8M	(12.3M)	(11.7M)
Total Liab	407.0M	503.6M	582.0M	511.0M	592.8M	315.0M
Property Plant And Equipment Gross	236.3M	247.8M	296.4M	312.0M	639.7M	671.7M
Total Current Assets	1.1B	1.4B	1.5B	1.7B	2.0B	2.1B
Accumulated Other Comprehensive Income	(1.1M)	(6.3M)	(12.8M)	(8.1M)	(3.1M)	(3.3M)
Short Term Debt	14.1M	17.3M	16.8M	13.4M	2.7M	2.6M
Common Stock	385K	388K	390K	393K	395K	389.1K
Other Liab	21.4M	24.0M	28.0M	26.7M	30.7M	32.3M
Other Assets	5.9M	11.4M	10.6M	12.7M	1.0	0.95
Long Term Debt	60.9M	57.7M	39.5M	27.4M	15.2M	0.0
Intangible Assets	4.3M	4.4M	3.5M	2.4M	2.3M	2.5M
Property Plant Equipment	236.3M	247.8M	296.4M	310.4M	356.9M	178.6M
Short Term Investments	262.7M	245.0M	280.2M	319.1M	448.6M	471.1M
Net Tangible Assets	970.1M	1.1B	1.3B	1.5B	1.7B	1.8B
Retained Earnings Total Equity	868.1M	1.0B	1.2B	1.5B	1.7B	1.8B
Long Term Debt Total	61.5M	57.8M	39.5M	27.4M	15.3M	0.0
Capital Surpluse	175.6M	189.4M	196.7M	206.6M	237.6M	148.6M
Treasury Stock	(42.4M)	(47.8M)	(68.5M)	(87.3M)	(78.6M)	(74.7M)

Pair Trading with Fabrinet

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fabrinet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fabrinet will appreciate offsetting losses from the drop in the long position's value.

Moving against Fabrinet Stock

0.35	AMPGW	AmpliTech Group	Pair Corr
0.31	SATLW	Satellogic Warrant	Pair Corr

The ability to find closely correlated positions to Fabrinet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fabrinet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fabrinet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fabrinet to buy it.

The correlation of Fabrinet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fabrinet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fabrinet moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Fabrinet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

How To Invest In Fabrinet

Details

Is Fabrinet Stock a good investment?

Details

What is Fabrinet's Net Worth?

Details

Largest Electronic Equipment, Instruments & Components Companies

View

Largest Technology Hardware & Equipment Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fabrinet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.

You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fabrinet. If investors know Fabrinet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fabrinet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.197

Earnings Share

8.45

Revenue Per Share

82.845

Quarterly Revenue Growth

0.173

Return On Assets

0.0818

The market value of Fabrinet is measured differently than its book value, which is the value of Fabrinet that is recorded on the company's balance sheet. Investors also form their own opinion of Fabrinet's value that differs from its market value or its book value, called intrinsic value, which is Fabrinet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fabrinet's market value can be influenced by many factors that don't directly affect Fabrinet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Fabrinet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fabrinet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fabrinet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Fabrinet Free Cash Flow Yield vs Free Cash Flow Analysis

Free Cash Flow Yield vs Free Cash Flow

Free Cash Flow Yield vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Free Cash Flow

Fabrinet fundamental ratios Correlations

Fabrinet Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fabrinet fundamental ratios Accounts

Pair Trading with Fabrinet

Moving against Fabrinet Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 1.0	Retained Earnings

Cash	- 0.99	Net Debt
Other Current Assets	- 0.9	Net Debt
Cash And Short Term Investments	- 0.9	Net Debt
Property Plant And Equipment Gross	- 0.87	Net Debt
Retained Earnings	- 0.86	Net Debt
Net Debt	- 0.86	Total Stockholder Equity