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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.

Company profile comparison for Fabrinet (FN) and IonQ (IONQ)
Profile ItemFNIONQ
NameFabrinetIonQ, Inc.
Country/RegionCayman IslandsUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & ComponentsTechnology Hardware, Storage & Peripherals
GICS Sub-IndustryElectronic Manufacturing ServicesTechnology Hardware, Storage & Peripherals
Market Capitalization11.68 billion USD15.16 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJune 25, 2010January 4, 2021
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

FN
IONQ
GSPC
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Fabrinet (FN) vs. IonQ (IONQ), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Fabrinet (FN) and IonQ (IONQ). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Fabrinet (FN) and IonQ (IONQ). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Fabrinet (FN) and IonQ (IONQ)
MetricFNIONQ
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

FN
IONQ
GSPC
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Fabrinet (FN) vs. IonQ (IONQ), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Fabrinet (FN) and IonQ (IONQ). Each bar is the share of months whose return fell in that 5% bucket.

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.

Risk profile metrics for Fabrinet (FN) and IonQ (IONQ)
MetricFNIONQ
Volatility (1Y, Annualized)81.72%94.72%
Beta (5Y)1.333.33
Max Drawdown (5Y)-60.75%-90.00%
Avg. Volume (3M)999.77K22.02M

Risk-Adjusted Performance

Risk-Return Positioning

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FN and IONQ are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Fabrinet (FN) and IonQ (IONQ)
MetricFNIONQ
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%
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Fabrinet (FN) vs. IonQ (IONQ): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

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%
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Fabrinet (FN) vs. IonQ (IONQ): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

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%
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Fabrinet (FN) vs. IonQ (IONQ): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Fabrinet (FN) and IonQ (IONQ)
MetricFNIONQ
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.

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Fabrinet (FN) vs. IonQ (IONQ): A comparison of their Revenue Growth across different time periods.

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.

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Fabrinet (FN) vs. IonQ (IONQ): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Fabrinet (FN) and IonQ (IONQ)
MetricFNIONQ
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
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Fabrinet (FN) vs. IonQ (IONQ): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

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
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Fabrinet (FN) vs. IonQ (IONQ): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Fabrinet (FN) and IonQ (IONQ)
MetricFNIONQ
Current Ratio (MRQ)2.044.24
Debt / Equity (MRQ)0.030.01
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%
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Fabrinet (FN) vs. IonQ (IONQ): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

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%
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Fabrinet (FN) vs. IonQ (IONQ): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Fabrinet (FN) and IonQ (IONQ)
MetricFNIONQ
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
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Fabrinet (FN) vs. IonQ (IONQ): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

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
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Fabrinet (FN) vs. IonQ (IONQ): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

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
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Fabrinet (FN) vs. IonQ (IONQ): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Fabrinet (FN) and IonQ (IONQ)
MetricFNIONQ
P/E Ratio (TTM)24.6918.86
P/S Ratio (TTM)2.2739.84
P/B Ratio (MRQ)4.662.67
Free Cash Flow Yield (TTM)-2.11%-2.81%