The company’s shares sell for very low multiples, and we think this is at least in part unwarranted. It is perceived as a low margin contract manufacturer exposed to the vagaries of the optical communications market. But what we find is a company with solid growth and earnings instead. Source: Fabrinet Deserves A Higher Multiple […]
Entries Tagged as 'FN'
November 15th, 2017 · No Comments
September 11th, 2017 · Comments Off on Fabrinet Deserves A Higher Multiple
A financially sound and cheap contract manufacturer hobbled by disappointing quarterly guidance. We think the sell-of is a little overdone. It seems to us investors are overlooking the share buyback program and the coming considerable reduction in capex. Source: Fabrinet Deserves A Higher Multiple – Fabrinet (NYSE:FN) | Seeking Alpha