Tuesday, July 21, 2026
TBBTrade
The Chain Gazette · ResearchSemiconductorsNEW YORK STOCK EXCHANGE, INC.Full writeup
$530.04+7.24%as of 12:05 PM ET

FNFabrinet

Precision optical, electro-mechanical, and photonic assembly — effectively the TSMC of optical-transceiver manufacturing. Contract manufacturer for COHR, LITE, and others.

Coiled

0

52w range compression, breakout-adjusted

Watched

11

7-day news volume + tape quietness

Sound

75

Margins, growth, FCF composite

Critical

99

Supply-chain concentration × demand

Pressure

47

Pricing Power

12.0%

Inflating

Numbers on the wire.

Market cap

$17.7B

P/E (TTM)

42.07

P/S (TTM)

4.18

EV / EBITDA

386.46

Gross margin

12.04%

Op margin

9.86%

Net margin

9.94%

FCF margin

Rev growth YoY

29.79%

EPS growth YoY

29.63%

ROE

19.74%

ROA

13.35%

Debt / Equity

0.00

Current ratio

2.55

Price / Book

8.58

Beta

1.23

Layer Presence.

Fabrinet is the pick-and-shovel trade under the pick-and-shovel trade. Every ramp in photonics OEM shipments lands at FN first. Thin margin but near-zero tech risk: they build what others design.

From the EDGAR wire.

From the tape.

Who FN touches.