Fabrinet (FN) vs Corning Incorporated (GLW)

Fabrinet and Corning Incorporated are both Electronic Components companies. Corning Incorporated is the larger, with a market value of $135.2B against $14.5B — 9.3× the size. Fabrinet trades at the lower P/E: 31.6× against 70.9×. Fabrinet grew revenue faster over the last twelve months: 35.7% against 19.4%. Corning Incorporated has the higher net margin (11.2% vs 10.2%) and the lower return on invested capital (8.52% vs 18.3%). Both pay a dividend; Corning Incorporated yields more (3.56% vs 1.83%). Across the 23 metrics below, Fabrinet leads on 14 and Corning Incorporated on 9.

Valuation

Metric FN GLW Electronic Components median
P/E 31.62 70.92 39.06
P/S 3.22 7.96 3.22
P/B 6.09 10.29 3.30
Price to free cash flow 3,375.98 56.41 26.65
EV/EBITDA 26.74 34.96 19.69
EV/Sales 3.03 8.31 3.53
Earnings yield 3.16% 1.41% 1.34%
Free cash flow yield 0.03% 1.77% 0.40%

Profitability

Metric FN GLW Electronic Components median
Gross margin 11.99% 36.38% 33.21%
Operating margin 9.97% 15.31% 3.53%
Net margin 10.19% 11.20% 2.57%
Free cash flow margin 0.10% 14.12% 0.20%
Return on equity 21.33% 15.40% 2.60%
Return on assets 14.03% 6.16% 2.50%
Return on invested capital 18.32% 8.52% 2.28%

Growth

Metric FN GLW Electronic Components median
Revenue growth (TTM) 35.73% 19.41% 12.01%
EPS growth (last fiscal year) 42.31% 215.52% —
Revenue growth, 5-year CAGR 19.82% 6.70% 7.19%
Net income growth, 5-year CAGR 26.10% 30.98% 0.00%

Health

Metric FN GLW Electronic Components median
Debt to equity 0.00 0.64 0.16
Current ratio 2.25 1.81 2.41
Net debt to EBITDA (1.66) 1.91 0.32

Dividend

Metric FN GLW Electronic Components median
Dividend yield 1.83% 3.56% 1.18%
Payout ratio 0.00 1.63 0.00

Size

Metric FN GLW Electronic Components median
Market cap 14.51b 135.20b 780.25m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack