Fabrinet (FN) vs Jabil, Inc. (JBL)

Fabrinet and Jabil, Inc. are both Electronic Components companies. Jabil, Inc. is the larger, with a market value of $32.9B against $14.5B — 2.3× the size. Fabrinet trades at the lower P/E: 31.6× against 39.1×. Fabrinet grew revenue faster over the last twelve months: 35.7% against 17.8%. Fabrinet has the higher net margin (10.2% vs 2.57%) and the lower return on invested capital (18.3% vs 31.6%). Both pay a dividend; Fabrinet yields more (1.83% vs 0.24%). Across the 23 metrics below, Fabrinet leads on 14 and Jabil, Inc. on 9.

Valuation

Metric FN JBL Electronic Components median
P/E 31.62 39.06 39.06
P/S 3.22 0.99 3.22
P/B 6.09 25.13 3.30
Price to free cash flow 3,375.98 22.29 26.65
EV/EBITDA 26.74 16.37 19.69
EV/Sales 3.03 1.04 3.53
Earnings yield 3.16% 2.56% 1.34%
Free cash flow yield 0.03% 4.49% 0.40%

Profitability

Metric FN JBL Electronic Components median
Gross margin 11.99% 9.23% 33.21%
Operating margin 9.97% 4.28% 3.53%
Net margin 10.19% 2.57% 2.57%
Free cash flow margin 0.10% 4.45% 0.20%
Return on equity 21.33% 65.95% 2.60%
Return on assets 14.03% 4.07% 2.50%
Return on invested capital 18.32% 31.60% 2.28%

Growth

Metric FN JBL Electronic Components median
Revenue growth (TTM) 35.73% 17.80% 12.01%
EPS growth (last fiscal year) 42.31% (47.00%) —
Revenue growth, 5-year CAGR 19.82% 1.79% 7.19%
Net income growth, 5-year CAGR 26.10% 64.83% 0.00%

Health

Metric FN JBL Electronic Components median
Debt to equity 0.00 2.17 0.16
Current ratio 2.25 0.98 2.41
Net debt to EBITDA (1.66) 0.24 0.32

Dividend

Metric FN JBL Electronic Components median
Dividend yield 1.83% 0.24% 1.18%
Payout ratio 0.00 0.05 0.00

Size

Metric FN JBL Electronic Components median
Market cap 14.51b 32.86b 780.25m

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