FLEX vs. FN: Flex vs. Fabrinet Stock Comparison
How do Flex (FLEX) and Fabrinet (FN) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Flex (FLEX) and Fabrinet (FN) are both classified in the Electronic Manufacturing Services sub-industry within the broader Electronic Equipment, Instruments & Components industry, placing them in the closest GICS peer bucket.
| Profile Item | FLEX | FN |
|---|---|---|
| Name | Flex Ltd. | Fabrinet |
| Country/Region | United States | Cayman Islands |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Electronic Equipment, Instruments & Components | Electronic Equipment, Instruments & Components |
| GICS Sub-Industry | Electronic Manufacturing Services | Electronic Manufacturing Services |
| Market Capitalization | 25.78 billion USD | 11.68 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | March 18, 1994 | June 25, 2010 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FLEX | FN |
|---|---|---|
| Total Return (1Y) | 24.99% | -18.88% |
| Total Return (3Y, Annualized) | 59.41% | 29.70% |
| Total Return (5Y, Annualized) | 42.37% | 25.04% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FLEX | FN |
|---|---|---|
| Volatility (1Y, Annualized) | 76.21% | 81.72% |
| Beta (5Y) | 1.82 | 1.33 |
| Max Drawdown (5Y) | -58.83% | -60.75% |
| Avg. Volume (3M) | 4.28M | 999.77K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FLEX | FN |
|---|---|---|
| Sharpe Ratio (1Y) | 0.27 | -0.28 |
| Sortino Ratio (1Y) | 0.44 | -0.40 |
Profitability
ROE (TTM)
Fabrinet (FN) at 21.00% sits in the top ROE quartile, while Flex (FLEX) at 19.13% is closer to the peer norm — stronger capital efficiency for FN.
FLEX
Technology Hardware & Equipment industry group
19.13%
- Max
- 42.47%
- FLEX
- 19.13%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
FN
Technology Hardware & Equipment industry group
21.00%
- Max
- 42.47%
- FN
- 21.00%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
Both Flex (FLEX) at 3.35% and Fabrinet (FN) at 9.36% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
FLEX
Technology Hardware & Equipment industry group
3.35%
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- FLEX
- 3.35%
- Q1
- 0.00%
- Min
- -11.02%
FN
Technology Hardware & Equipment industry group
9.36%
- Max
- 27.60%
- Q3
- 11.66%
- FN
- 9.36%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Both Flex (FLEX) at 5.05% and Fabrinet (FN) at 9.95% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
FLEX
Technology Hardware & Equipment industry group
5.05%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- FLEX
- 5.05%
- Q1
- 1.46%
- Min
- -21.39%
FN
Technology Hardware & Equipment industry group
9.95%
- Max
- 36.27%
- Q3
- 18.36%
- FN
- 9.95%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | FLEX | FN |
|---|---|---|
| ROE (TTM) | 19.13% | 21.00% |
| ROA (TTM) | 4.39% | 8.80% |
| Net Margin (TTM) | 3.35% | 9.36% |
| Operating Margin (TTM) | 5.05% | 9.95% |
| Gross Margin (TTM) | 9.67% | 11.95% |
Growth
Revenue Growth
Fabrinet (FN) at 35.73% sits in the top revenue growth quartile, while Flex (FLEX) at 8.14% is closer to the peer norm — faster top-line expansion for FN.
EPS Growth
Both Flex (FLEX) at 10.43% and Fabrinet (FN) at 42.31% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | FLEX | FN |
|---|---|---|
| Revenue Growth (YoY) | 8.14% | 35.73% |
| Revenue Growth (3Y CAGR) | -0.69% | 20.61% |
| EPS Growth (YoY) | 10.43% | 42.31% |
| EPS Growth (3Y CAGR) | 10.65% | 24.70% |
Financial Strength
Current Ratio (MRQ)
Both Flex (FLEX) at 1.34 and Fabrinet (FN) at 2.04 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
FLEX
Technology Hardware & Equipment industry group
1.34
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- FLEX
- 1.34
- Q1
- 1.32
- Min
- 0.17
FN
Technology Hardware & Equipment industry group
2.04
- Max
- 5.34
- Q3
- 3.02
- FN
- 2.04
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Fabrinet (FN) at 0.03 keeps leverage in the lower quartile, while Flex (FLEX) at 1.03 sits in the higher-leverage quartile.
FLEX
Technology Hardware & Equipment industry group
1.03
- Max
- 1.76
- FLEX
- 1.03
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
FN
Technology Hardware & Equipment industry group
0.03
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- FN
- 0.03
- Min
- 0.01
Financial Strength Metrics
| Metric | FLEX | FN |
|---|---|---|
| Current Ratio (MRQ) | 1.34 | 2.04 |
| Debt / Equity (MRQ) | 1.03 | 0.03 |
| Net Debt / EBITDA | 1.32 | -1.15 |
Dividends
Dividend Yield (TTM)
Neither Flex (FLEX) nor Fabrinet (FN) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
FLEX
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- FLEX
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
FN
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- FN
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Flex (FLEX) nor Fabrinet (FN) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
FLEX
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- FLEX
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
FN
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- FN
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FLEX | FN |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Both Flex (FLEX) at 25.10 and Fabrinet (FN) at 24.69 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
FLEX
Technology Hardware & Equipment industry group
25.10
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- FLEX
- 25.10
- Q1
- 19.36
- Min
- 6.07
FN
Technology Hardware & Equipment industry group
24.69
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- FN
- 24.69
- Q1
- 19.36
- Min
- 6.07
P/S Ratio (TTM)
Flex (FLEX) at 0.83 sits in the cheaper P/S ratio quartile while Fabrinet (FN) at 2.27 prices around its industry’s middle — FLEX costs less per dollar of sales, though read it alongside growth and margins.
FLEX
Technology Hardware & Equipment industry group
0.83
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- FLEX
- 0.83
- Min
- 0.00
FN
Technology Hardware & Equipment industry group
2.27
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- FN
- 2.27
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Flex (FLEX) at 4.44 and Fabrinet (FN) at 4.66 are valued close to their industries’ norm against book — neither stands out from peers.
FLEX
Technology Hardware & Equipment industry group
4.44
- Max
- 10.75
- Q3
- 5.52
- FLEX
- 4.44
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
FN
Technology Hardware & Equipment industry group
4.66
- Max
- 10.75
- Q3
- 5.52
- FN
- 4.66
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | FLEX | FN |
|---|---|---|
| P/E Ratio (TTM) | 25.10 | 24.69 |
| P/S Ratio (TTM) | 0.83 | 2.27 |
| P/B Ratio (MRQ) | 4.44 | 4.66 |
| Free Cash Flow Yield (TTM) | 2.41% | -2.11% |