Reviewing Fabrinet (NYSE:FN) & The Coretec Group (OTCMKTS:CRTG)

The Coretec Group (OTCMKTS:CRTGGet Free Report) and Fabrinet (NYSE:FNGet Free Report) are both technology companies, but which is the superior stock? We will compare the two companies based on the strength of their profitability, risk, analyst recommendations, dividends, earnings, institutional ownership and valuation.

Insider & Institutional Ownership

97.4% of Fabrinet shares are owned by institutional investors. 63.1% of The Coretec Group shares are owned by company insiders. Comparatively, 0.2% of Fabrinet shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Risk and Volatility

The Coretec Group has a beta of -1.48, meaning that its stock price is 248% less volatile than the S&P 500. Comparatively, Fabrinet has a beta of 1.23, meaning that its stock price is 23% more volatile than the S&P 500.

Profitability

This table compares The Coretec Group and Fabrinet’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
The Coretec Group N/A N/A N/A
Fabrinet 10.19% 21.23% 13.96%

Analyst Ratings

This is a breakdown of recent ratings for The Coretec Group and Fabrinet, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
The Coretec Group 0 0 0 0 0.00
Fabrinet 0 3 7 0 2.70

Fabrinet has a consensus target price of $649.50, indicating a potential upside of 53.76%. Given Fabrinet’s stronger consensus rating and higher possible upside, analysts clearly believe Fabrinet is more favorable than The Coretec Group.

Earnings and Valuation

This table compares The Coretec Group and Fabrinet”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
The Coretec Group N/A N/A -$2.31 million N/A N/A
Fabrinet $4.64 billion 3.26 $473.03 million $13.05 32.37

Fabrinet has higher revenue and earnings than The Coretec Group.

Summary

Fabrinet beats The Coretec Group on 10 of the 11 factors compared between the two stocks.

About The Coretec Group

(Get Free Report)

The Coretec Group Inc. engages in the development of silicon anode active materials for lithium-ion batteries and cyclohexasilane for electric vehicles, cleantech, and tech applications. The company was founded in 2002 and is headquartered in Ann Arbor, Michigan.

About Fabrinet

(Get Free Report)

Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing. Its products include switching products, including reconfigurable optical add-drop multiplexers, optical amplifiers, modulators, and other optical components and modules that enable network managers to route voice, video, and data communications traffic through fiber optic cables at various wavelengths, speeds, and over various distances. The company's products also comprise tunable lasers, transceivers, and transponders; and active optical cables, which provide high-speed interconnect capabilities for data centers and computing clusters, as well as Infiniband, Ethernet, fiber channel, and optical backplane connectivity. In addition, it provides solid state, diode-pumped, gas, and fiber lasers used in semiconductor processing, biotechnology and medical device, metrology, and material processing industries; and differential pressure, micro-gyro, fuel, and other sensors used in automobiles, as well as non-contact temperature measurement sensors for the medical industry. Further, the company designs and fabricates application-specific crystals, lenses, prisms, mirrors, laser components, and substrates; and other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products. It serves original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, automotive components, medical devices, and sensors. The company was incorporated in 1999 and is based in Grand Cayman, the Cayman Islands.

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