美股市場個股詳情

FN Fabrinet

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  • 177.020
  • +2.830+1.62%
交易中 05/03 10:58 (美東)
64.27億總市值25.54市盈率TTM
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評論

    $Fabrinet(FN.US)$在兩年前的分析中因爲折扣不夠被排除,至今股價增長75.7%。這是上次分析的通病,對於成長股的折扣要求太高會錯失良機。用合理的價格買優質股票,而不要用折扣價格買劣質股票。
    2010年上市的註冊在開曼的美國公司,主要爲原廠設備製造商提供外包製造服務,近一半市場在美國,當前價格169.76。
    5年來營收持續增長,平均增速14%,營業利潤除2020年外增長了4年,平均增速22%,淨利潤類似,平均增速24%。近年來沒有利息費用。毛利率近5年從11.3%提升到12.7%,淨資產收益率從15.1%提升到18.2%。
    2024上半年營收增長5.6%,營業利潤增長3.5%,淨利潤增長5%。
    資產負債率5年來從31.2%下降到25.8%,24Q4降到了24.5%,總資產和淨資產都持續提升。
    5年來除2022年外,現金流經營淨額有4年高於投資淨額,產生了較小比例的股東盈餘。
    目前市盈率25.3,市盈率TTM24.6,和長期增速比有一定折扣,可以選擇 (⭐️⭐️)
    已翻譯
    The President & COO's sale of all holdings, even below current price, could be seen negatively, implying they deemed a lower price reasonable. However, it's not a clear sign that insiders think shares are fully valued. The absence of insider purchases in the past year, along with recent selling, calls for caution.
    Fabrinet's short term liquidity and net cash position suggest easy debt payoff. Its balance sheet isn't stretched, and it doesn't carry heavy debt. With 66% of its EBIT converted to free cash flow, it's well-positioned for debt reduction when needed. Thus, Fabrinet's debt usage isn't seen as risky.
    Insider sales of Fabrinet shares, including a significant sale by the Lead Independent Director, and the absence of insider purchases over the past year may raise investor concerns. Despite insiders owning a part of the company, the sales history suggests caution before buying Fabrinet shares.
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