FN vs. GLW: Fabrinet vs. Corning Stock Comparison
How do Fabrinet (FN) and Corning (GLW) 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
Fabrinet (FN) and Corning (GLW) both belong to the Electronic Equipment, Instruments & Components industry, though FN is classified under Electronic Manufacturing Services while GLW falls under Electronic Components.
| Profile Item | FN | GLW |
|---|---|---|
| Name | Fabrinet | Corning Incorporated |
| Country/Region | Cayman Islands | United States |
| 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 Components |
| Market Capitalization | 11.68 billion USD | 91.42 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 25, 2010 | December 31, 1981 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FN | GLW |
|---|---|---|
| Total Return (1Y) | -18.88% | 35.36% |
| Total Return (3Y, Annualized) | 29.70% | 65.24% |
| Total Return (5Y, Annualized) | 25.04% | 27.74% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FN | GLW |
|---|---|---|
| Volatility (1Y, Annualized) | 81.72% | 76.20% |
| Beta (5Y) | 1.33 | 1.25 |
| Max Drawdown (5Y) | -60.75% | -59.47% |
| Avg. Volume (3M) | 999.77K | 9.07M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FN | GLW |
|---|---|---|
| Sharpe Ratio (1Y) | -0.28 | 0.41 |
| Sortino Ratio (1Y) | -0.40 | 0.60 |
Profitability
ROE (TTM)
Fabrinet (FN) at 21.00% sits in the top ROE quartile, while Corning (GLW) at 17.88% is closer to the peer norm — stronger capital efficiency for FN.
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%
GLW
Technology Hardware & Equipment industry group
17.88%
- Max
- 42.47%
- Q3
- 19.13%
- GLW
- 17.88%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
Corning (GLW) at 12.13% retains a top-quartile share of revenue as profit, ahead of Fabrinet (FN) at 9.36%, which keeps about the industry-typical share.
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%
GLW
Technology Hardware & Equipment industry group
12.13%
- Max
- 27.60%
- GLW
- 12.13%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Corning (GLW) at 18.95% operates in the top operating margin quartile, ahead of Fabrinet (FN) at 9.95%, which runs around its industry’s norm.
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%
GLW
Technology Hardware & Equipment industry group
18.95%
- Max
- 36.27%
- GLW
- 18.95%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | FN | GLW |
|---|---|---|
| ROE (TTM) | 21.00% | 17.88% |
| ROA (TTM) | 8.80% | 5.80% |
| Net Margin (TTM) | 9.36% | 12.13% |
| Operating Margin (TTM) | 9.95% | 18.95% |
| Gross Margin (TTM) | 11.95% | 36.48% |
Growth
Revenue Growth
Fabrinet (FN) at 35.73% sits in the top revenue growth quartile, while Corning (GLW) at 19.14% is closer to the peer norm — faster top-line expansion for FN.
EPS Growth
Corning (GLW) at 215.52% clears its industry range for EPS growth, a much stronger earnings trajectory than Fabrinet (FN) at 42.31%, which is closer to a typical peer reading.
Growth Metrics
| Metric | FN | GLW |
|---|---|---|
| Revenue Growth (YoY) | 35.73% | 19.14% |
| Revenue Growth (3Y CAGR) | 20.61% | 3.27% |
| EPS Growth (YoY) | 42.31% | 215.52% |
| EPS Growth (3Y CAGR) | 24.70% | 5.92% |
Financial Strength
Current Ratio (MRQ)
Both Fabrinet (FN) at 2.04 and Corning (GLW) at 1.72 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
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
GLW
Technology Hardware & Equipment industry group
1.72
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- GLW
- 1.72
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Fabrinet (FN) at 0.03 keeps leverage in the lower industry quartile, while Corning (GLW) at 0.64 runs a more typical debt-to-equity mix.
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
GLW
Technology Hardware & Equipment industry group
0.64
- Max
- 1.76
- Q3
- 0.78
- GLW
- 0.64
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | FN | GLW |
|---|---|---|
| Current Ratio (MRQ) | 2.04 | 1.72 |
| Debt / Equity (MRQ) | 0.03 | 0.64 |
| Net Debt / EBITDA | -1.15 | 1.49 |
Dividends
Dividend Yield (TTM)
Fabrinet (FN) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Corning (GLW) reports a yield of 1.08%, ranking against industry peers normally.
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%
GLW
Technology Hardware & Equipment industry group
1.08%
- GLW
- 1.08%
- Max
- 0.73%
- Q3
- 0.31%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Fabrinet (FN) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Corning (GLW) reports a payout of 45.34%, ranking against industry peers normally.
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%
GLW
Technology Hardware & Equipment industry group
45.34%
- GLW
- 45.34%
- Max
- 32.27%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FN | GLW |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.08% |
| Dividend Payout Ratio (TTM) | 0.00% | 45.34% |
Valuation
P/E Ratio (TTM)
Fabrinet (FN) at 24.69 is near its industry’s usual P/E ratio, while Corning (GLW) at 42.97 sits in the richer quartile — GLW needs stronger growth or earnings quality to justify the premium.
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
GLW
Technology Hardware & Equipment industry group
42.97
- Max
- 69.48
- GLW
- 42.97
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- Min
- 6.07
P/S Ratio (TTM)
On P/S ratio, both Fabrinet (FN) at 2.27 and Corning (GLW) at 5.16 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
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
GLW
Technology Hardware & Equipment industry group
5.16
- Max
- 11.30
- Q3
- 5.82
- GLW
- 5.16
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
Fabrinet (FN) at 4.66 is valued about in line with its industry on P/B ratio, while Corning (GLW) at 7.03 carries an above-peer premium to book — GLW is pricier on assets.
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
GLW
Technology Hardware & Equipment industry group
7.03
- Max
- 10.75
- GLW
- 7.03
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | FN | GLW |
|---|---|---|
| P/E Ratio (TTM) | 24.69 | 42.97 |
| P/S Ratio (TTM) | 2.27 | 5.16 |
| P/B Ratio (MRQ) | 4.66 | 7.03 |
| Free Cash Flow Yield (TTM) | -2.11% | 0.95% |