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FN vs. LITE: Fabrinet vs. Lumentum Stock Comparison

How do Fabrinet (FN) and Lumentum (LITE) 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 Lumentum (LITE) both fall under the Technology Hardware & Equipment industry group, but FN is classified in Electronic Equipment, Instruments & Components while LITE is classified in Communications Equipment.

Company profile comparison for Fabrinet (FN) and Lumentum (LITE)
Profile ItemFNLITE
NameFabrinetLumentum Holdings Inc.
Country/RegionCayman IslandsUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & ComponentsCommunications Equipment
GICS Sub-IndustryElectronic Manufacturing ServicesCommunications Equipment
Market Capitalization11.68 billion USD48.84 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateJune 25, 2010July 23, 2015
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

FN
LITE
GSPC
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Fabrinet (FN) vs. Lumentum (LITE), 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 Lumentum (LITE). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Fabrinet (FN) and Lumentum (LITE)
MetricFNLITE
Total Return (1Y)-18.88%150.31%
Total Return (3Y, Annualized)29.70%147.76%
Total Return (5Y, Annualized)25.04%45.47%

Risk Profile

Drawdown History

FN
LITE
GSPC
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Fabrinet (FN) vs. Lumentum (LITE), 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 Lumentum (LITE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Fabrinet (FN) and Lumentum (LITE)
MetricFNLITE
Volatility (1Y, Annualized)81.72%101.27%
Beta (5Y)1.331.73
Max Drawdown (5Y)-60.75%-66.48%
Avg. Volume (3M)999.77K5.27M

Risk-Adjusted Performance

Risk-Return Positioning

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FN and LITE 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 Lumentum (LITE)
MetricFNLITE
Sharpe Ratio (1Y)-0.281.44
Sortino Ratio (1Y)-0.402.14

Profitability

ROE (TTM)

Lumentum (LITE) reports a negative ROE of -245.79%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Fabrinet (FN) reports 21.00%, ranking against industry peers normally.

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%

LITE

Technology Hardware & Equipment industry group

-245.79%

Max
42.47%
Q3
19.13%
Median
11.00%
Q1
1.63%
Min
-20.62%
LITE
-245.79%
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Fabrinet (FN) vs. Lumentum (LITE): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

Lumentum (LITE) reports a negative net margin of -175.78%, usually indicating a net loss over the period. Meanwhile Fabrinet (FN) reports 9.36%, ranking against industry peers normally.

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%

LITE

Technology Hardware & Equipment industry group

-175.78%

Max
27.60%
Q3
11.66%
Median
4.08%
Q1
0.00%
Min
-11.02%
LITE
-175.78%
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Fabrinet (FN) vs. Lumentum (LITE): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

Lumentum (LITE) at 27.95% 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%

LITE

Technology Hardware & Equipment industry group

27.95%

Max
36.27%
LITE
27.95%
Q3
18.36%
Median
8.84%
Q1
1.46%
Min
-21.39%
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Fabrinet (FN) vs. Lumentum (LITE): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Fabrinet (FN) and Lumentum (LITE)
MetricFNLITE
ROE (TTM)21.00%-245.79%
ROA (TTM)8.80%9.19%
Net Margin (TTM)9.36%-175.78%
Operating Margin (TTM)9.95%27.95%
Gross Margin (TTM)11.95%47.98%

Growth

Revenue Growth

Both companies are growing quickly, but Lumentum (LITE) at 83.22% 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. Lumentum (LITE): A comparison of their Revenue Growth across different time periods.

EPS Growth

Fabrinet (FN) at 42.31% is around its peer norm for EPS growth, while Lumentum (LITE) at -25,224.32% falls below its industry range, a notably weak earnings reading.

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

Growth Metrics

Growth metrics for Fabrinet (FN) and Lumentum (LITE)
MetricFNLITE
Revenue Growth (YoY)35.73%83.22%
Revenue Growth (3Y CAGR)20.61%19.48%
EPS Growth (YoY)42.31%-25,224.32%
EPS Growth (3Y CAGR)24.70%--

Financial Strength

Current Ratio (MRQ)

Both Fabrinet (FN) at 2.04 and Lumentum (LITE) at 1.61 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

LITE

Technology Hardware & Equipment industry group

1.61

Max
5.34
Q3
3.02
Median
1.95
LITE
1.61
Q1
1.32
Min
0.17
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Fabrinet (FN) vs. Lumentum (LITE): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Fabrinet (FN) at 0.03 keeps leverage in the lower industry quartile, while Lumentum (LITE) at 0.31 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

LITE

Technology Hardware & Equipment industry group

0.31

Max
1.76
Q3
0.78
LITE
0.31
Median
0.24
Q1
0.04
Min
0.01
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Fabrinet (FN) vs. Lumentum (LITE): 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 Lumentum (LITE)
MetricFNLITE
Current Ratio (MRQ)2.041.61
Debt / Equity (MRQ)0.030.31
Net Debt / EBITDA-1.15-0.48

Dividends

Dividend Yield (TTM)

Neither Fabrinet (FN) nor Lumentum (LITE) 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%

LITE

Technology Hardware & Equipment industry group

0.00%

Max
0.73%
Q3
0.31%
LITE
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Fabrinet (FN) vs. Lumentum (LITE): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Fabrinet (FN) nor Lumentum (LITE) 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%

LITE

Technology Hardware & Equipment industry group

0.00%

Max
32.27%
Q3
14.48%
LITE
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Fabrinet (FN) vs. Lumentum (LITE): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Fabrinet (FN) and Lumentum (LITE)
MetricFNLITE
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Fabrinet (FN) trades at 24.69 times trailing earnings, ranked against its peers, while Lumentum (LITE) has no P/E ratio this period.

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

LITE

Technology Hardware & Equipment industry group

--

Max
69.48
Q3
41.02
Median
26.39
Q1
19.36
Min
6.07
LITE
--
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Fabrinet (FN) vs. Lumentum (LITE): LITE does not report P/E ratio, so it has no value marker; FN is benchmarked against the Technology Hardware & Equipment industry group.

P/S Ratio (TTM)

Fabrinet (FN) at 2.27 prices around its industry’s typical P/S ratio, while Lumentum (LITE) at 13.05 clears its benchmark range — LITE 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

LITE

Technology Hardware & Equipment industry group

13.05

LITE
13.05
Max
11.30
Q3
5.82
Median
2.56
Q1
1.05
Min
0.00
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Fabrinet (FN) vs. Lumentum (LITE): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

Fabrinet (FN) at 4.66 is valued about in line with its industry on P/B ratio, while Lumentum (LITE) at 10.67 carries an above-peer premium to book — LITE 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

LITE

Technology Hardware & Equipment industry group

10.67

Max
10.75
LITE
10.67
Q3
5.52
Median
3.17
Q1
1.79
Min
0.33
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Fabrinet (FN) vs. Lumentum (LITE): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Fabrinet (FN) and Lumentum (LITE)
MetricFNLITE
P/E Ratio (TTM)24.69--
P/S Ratio (TTM)2.2713.05
P/B Ratio (MRQ)4.6610.67
Free Cash Flow Yield (TTM)-2.11%0.29%