FN vs. MU: Fabrinet vs. Micron Stock Comparison

November 11, 2026

How do Fabrinet (FN) and Micron (MU) 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 Micron (MU) share the Information Technology sector but sit in different industry groups — FN in Technology Hardware & Equipment and MU in Semiconductors & Semiconductor Equipment.

Company profile comparison for Fabrinet (FN) and Micron (MU)
Profile Item	FN	MU
Name	Fabrinet	Micron Technology Inc.
Country/Region	Cayman Islands	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Technology Hardware & Equipment	Semiconductors & Semiconductor Equipment
GICS Industry	Electronic Equipment, Instruments & Components	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Electronic Manufacturing Services	Semiconductors
Market Capitalization	11.68 billion USD	780.68 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	June 25, 2010	June 1, 1984
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

GSPC

Fabrinet (FN) vs. Micron (MU), 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 Micron (MU). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Fabrinet (FN) and Micron (MU)
Metric	FN	MU
Total Return (1Y)	-18.88%	208.53%
Total Return (3Y, Annualized)	29.70%	115.89%
Total Return (5Y, Annualized)	25.04%	58.28%

Risk Profile

Drawdown History

GSPC

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

Risk Metrics

Micron (MU) is heavily traded at around 27.63M 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 Micron (MU)
Metric	FN	MU
Volatility (1Y, Annualized)	81.72%	83.85%
Beta (5Y)	1.33	2.44
Max Drawdown (5Y)	-60.75%	-57.63%
Avg. Volume (3M)	999.77K	27.63M

Risk-Adjusted Performance

Risk-Return Positioning

FN and MU are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Fabrinet (FN) and Micron (MU)
Metric	FN	MU
Sharpe Ratio (1Y)	-0.28	2.44
Sortino Ratio (1Y)	-0.40	3.87

Profitability

ROE (TTM)

Both companies show strong equity returns, but Micron (MU) at 88.26% is the standout with ROE above its industry range; Fabrinet (FN) at 21.00% also sits in the top quartile.

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%

MU

Semiconductors & Semiconductor Equipment industry group

88.26%

MU: 88.26%
Max: 52.82%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

Fabrinet (FN) vs. Micron (MU): A comparison of their ROE against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Net Margin (TTM)

Micron (MU) at 63.80% 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%

MU

Semiconductors & Semiconductor Equipment industry group

63.80%

MU: 63.80%
Max: 63.80%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

Fabrinet (FN) vs. Micron (MU): A comparison of their net margin against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Operating Margin (TTM)

Micron (MU) at 80.68% turns sales into operating profit above its industry’s benchmark range, while Fabrinet (FN) at 9.95% operates 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%

MU

Semiconductors & Semiconductor Equipment industry group

80.68%

MU: 80.68%
Max: 58.66%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

Fabrinet (FN) vs. Micron (MU): A comparison of their operating margin against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Profitability Metrics

Profitability metrics for Fabrinet (FN) and Micron (MU)
Metric	FN	MU
ROE (TTM)	21.00%	88.26%
ROA (TTM)	8.80%	44.56%
Net Margin (TTM)	9.36%	63.80%
Operating Margin (TTM)	9.95%	80.68%
Gross Margin (TTM)	11.95%	80.72%

Growth

Revenue Growth

Both companies are growing quickly, but Micron (MU) at 256.33% is the standout with revenue growth above its industry range; Fabrinet (FN) at 35.73% also sits in the top quartile.

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

EPS Growth

Micron (MU) at 879.31% 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.

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

Growth Metrics

Growth metrics for Fabrinet (FN) and Micron (MU)
Metric	FN	MU
Revenue Growth (YoY)	35.73%	256.33%
Revenue Growth (3Y CAGR)	20.61%	104.65%
EPS Growth (YoY)	42.31%	879.31%
EPS Growth (3Y CAGR)	24.70%	--

Financial Strength

Current Ratio (MRQ)

Both Fabrinet (FN) at 2.04 and Micron (MU) at 3.31 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

MU

Semiconductors & Semiconductor Equipment industry group

3.31

Max: 10.33
Q3: 5.62
Median: 3.33
MU: 3.31
Q1: 2.35
Min: 1.03

Fabrinet (FN) vs. Micron (MU): A comparison of their current ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Debt / Equity (MRQ)

Both Fabrinet (FN) at 0.03 and Micron (MU) at 0.04 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

MU

Semiconductors & Semiconductor Equipment industry group

0.04

Max: 1.46
Q3: 0.65
Median: 0.27
Q1: 0.04
MU: 0.04
Min: 0.00

Fabrinet (FN) vs. Micron (MU): A comparison of their debt-to-equity ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for Fabrinet (FN) and Micron (MU)
Metric	FN	MU
Current Ratio (MRQ)	2.04	3.31
Debt / Equity (MRQ)	0.03	0.04
Net Debt / EBITDA	-1.15	-0.35

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 Micron (MU) reports a yield of 0.09%, 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%

MU

Semiconductors & Semiconductor Equipment industry group

0.09%

Max: 1.37%
Q3: 0.65%
MU: 0.09%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Fabrinet (FN) vs. Micron (MU): A comparison of their dividend yield against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

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 Micron (MU) reports a payout of 0.71%, 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%

MU

Semiconductors & Semiconductor Equipment industry group

0.71%

Max: 49.64%
Q3: 21.71%
MU: 0.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Fabrinet (FN) vs. Micron (MU): A comparison of their payout ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Dividend Metrics

Dividend metrics for Fabrinet (FN) and Micron (MU)
Metric	FN	MU
Dividend Yield (TTM)	0.00%	0.09%
Dividend Payout Ratio (TTM)	0.00%	0.71%

Valuation

P/E Ratio (TTM)

Micron (MU) at 9.28 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 MU, 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

MU

Semiconductors & Semiconductor Equipment industry group

9.28

Max: 110.34
Q3: 66.81
Median: 37.02
Q1: 23.96
MU: 9.28
Min: 8.12

Fabrinet (FN) vs. Micron (MU): A comparison of their P/E ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

P/S Ratio (TTM)

On P/S ratio, both Fabrinet (FN) at 2.27 and Micron (MU) at 5.86 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

MU

Semiconductors & Semiconductor Equipment industry group

5.86

Max: 21.42
Q3: 12.27
MU: 5.86
Median: 5.76
Q1: 2.73
Min: 0.00

Fabrinet (FN) vs. Micron (MU): A comparison of their P/S ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

P/B Ratio (MRQ)

On P/B ratio, both Fabrinet (FN) at 4.66 and Micron (MU) at 5.64 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

MU

Semiconductors & Semiconductor Equipment industry group

5.64

Max: 14.06
Q3: 7.44
MU: 5.64
Median: 4.29
Q1: 2.30
Min: 0.20

Fabrinet (FN) vs. Micron (MU): A comparison of their P/B ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Valuation Metrics

Valuation metrics for Fabrinet (FN) and Micron (MU)
Metric	FN	MU
P/E Ratio (TTM)	24.69	9.28
P/S Ratio (TTM)	2.27	5.86
P/B Ratio (MRQ)	4.66	5.64
Free Cash Flow Yield (TTM)	-2.11%	3.73%