FN vs. IONQ: Fabrinet vs. IonQ Stock Comparison
How do Fabrinet (FN) and IonQ (IONQ) 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 IonQ (IONQ) both fall under the Technology Hardware & Equipment industry group, but FN is classified in Electronic Equipment, Instruments & Components while IONQ is classified in Technology Hardware, Storage & Peripherals.
| Profile Item | FN | IONQ |
|---|---|---|
| Name | Fabrinet | IonQ, Inc. |
| 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 | Technology Hardware, Storage & Peripherals |
| GICS Sub-Industry | Electronic Manufacturing Services | Technology Hardware, Storage & Peripherals |
| Market Capitalization | 11.68 billion USD | 15.16 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 25, 2010 | January 4, 2021 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FN | IONQ |
|---|---|---|
| Total Return (1Y) | -18.88% | -40.10% |
| Total Return (3Y, Annualized) | 29.70% | 46.76% |
| Total Return (5Y, Annualized) | 25.04% | 9.52% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
IonQ (IONQ) is heavily traded at around 22.02M shares per day, whereas Fabrinet (FN) sees a more moderate 999.77K — larger orders in the latter may require more patience and tighter control over order sizing.
| Metric | FN | IONQ |
|---|---|---|
| Volatility (1Y, Annualized) | 81.72% | 94.72% |
| Beta (5Y) | 1.33 | 3.33 |
| Max Drawdown (5Y) | -60.75% | -90.00% |
| Avg. Volume (3M) | 999.77K | 22.02M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FN | IONQ |
|---|---|---|
| Sharpe Ratio (1Y) | -0.28 | -0.47 |
| Sortino Ratio (1Y) | -0.40 | -0.74 |
Profitability
ROE (TTM)
Fabrinet (FN) at 21.00% sits in the top ROE quartile, while IonQ (IONQ) at 6.90% 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%
IONQ
Technology Hardware & Equipment industry group
6.90%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- IONQ
- 6.90%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
IonQ (IONQ) at 67.09% converts revenue to bottom-line profit above its industry’s benchmark range, while Fabrinet (FN) at 9.36% keeps roughly the typical share for its industry.
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%
IONQ
Technology Hardware & Equipment industry group
67.09%
- IONQ
- 67.09%
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
IonQ (IONQ) reports a negative operating margin of -249.14%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Fabrinet (FN) reports 9.95%, ranking against industry peers normally.
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%
IONQ
Technology Hardware & Equipment industry group
-249.14%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
- IONQ
- -249.14%
Profitability Metrics
| Metric | FN | IONQ |
|---|---|---|
| ROE (TTM) | 21.00% | 6.90% |
| ROA (TTM) | 8.80% | -12.60% |
| Net Margin (TTM) | 9.36% | 67.09% |
| Operating Margin (TTM) | 9.95% | -249.14% |
| Gross Margin (TTM) | 11.95% | 24.67% |
Growth
Revenue Growth
Both companies are growing quickly, but IonQ (IONQ) at 201.85% is the standout with revenue growth above its industry range; Fabrinet (FN) at 35.73% also sits in the top quartile.
EPS Growth
Only one side can be read here: Fabrinet (FN) reports EPS growth of 42.31%, ranked against its industry; IonQ (IONQ) has no EPS growth figure this period.
Growth Metrics
| Metric | FN | IONQ |
|---|---|---|
| Revenue Growth (YoY) | 35.73% | 201.85% |
| Revenue Growth (3Y CAGR) | 20.61% | 126.89% |
| EPS Growth (YoY) | 42.31% | -- |
| EPS Growth (3Y CAGR) | 24.70% | -- |
Financial Strength
Current Ratio (MRQ)
Fabrinet (FN) at 2.04 keeps current ratio within its industry’s typical mid-range, while IonQ (IONQ) at 4.24 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets 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
IONQ
Technology Hardware & Equipment industry group
4.24
- Max
- 5.34
- IONQ
- 4.24
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Both Fabrinet (FN) at 0.03 and IonQ (IONQ) at 0.01 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.
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
IONQ
Technology Hardware & Equipment industry group
0.01
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- IONQ
- 0.01
- Min
- 0.01
Financial Strength Metrics
| Metric | FN | IONQ |
|---|---|---|
| Current Ratio (MRQ) | 2.04 | 4.24 |
| Debt / Equity (MRQ) | 0.03 | 0.01 |
| Net Debt / EBITDA | -1.15 | -- |
Dividends
Dividend Yield (TTM)
Neither Fabrinet (FN) nor IonQ (IONQ) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
IONQ
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- IONQ
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Fabrinet (FN) nor IonQ (IONQ) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
IONQ
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- IONQ
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FN | IONQ |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
IonQ (IONQ) at 18.86 sits in the cheaper P/E ratio quartile, while Fabrinet (FN) at 24.69 is closer to its industry’s usual earnings multiple — a discount for IONQ, though growth and earnings durability still matter.
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
IONQ
Technology Hardware & Equipment industry group
18.86
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- IONQ
- 18.86
- Min
- 6.07
P/S Ratio (TTM)
Fabrinet (FN) at 2.27 prices around its industry’s typical P/S ratio, while IonQ (IONQ) at 39.84 clears its benchmark range — IONQ looks notably rich on sales.
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
IONQ
Technology Hardware & Equipment industry group
39.84
- IONQ
- 39.84
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Fabrinet (FN) at 4.66 and IonQ (IONQ) at 2.67 are valued close to their industries’ norm against book — neither stands out from peers.
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
IONQ
Technology Hardware & Equipment industry group
2.67
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- IONQ
- 2.67
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | FN | IONQ |
|---|---|---|
| P/E Ratio (TTM) | 24.69 | 18.86 |
| P/S Ratio (TTM) | 2.27 | 39.84 |
| P/B Ratio (MRQ) | 4.66 | 2.67 |
| Free Cash Flow Yield (TTM) | -2.11% | -2.81% |