ATLAS
HNHPF

Foxconn (Hon Hai)

Cyclical AI Beneficiary
Servers & rack systems·Taiwan·Tucheng·#8 / 8 in segment·26.4% of segment mcap
$7.67
32.5% vs S&P 12m

World's largest electronics contract manufacturer with rapidly growing AI server segment via Foxconn Industrial Internet.

Largest absolute-scale ODM for AI servers; building data center capacity (eg. Mexico) explicitly tied to NVIDIA Blackwell builds.

Products
  • AI servers (FII)
  • iPhone assembly
  • EVs
Customers (3)
Competitors (3)

Composite score

Higher = stronger overall research case

54
Fundamental60
Technical69
Valuation20
AI relevance70
Risk-adjusted (higher = safer)41
Segment-relative fundamental percentile: 50

Synthetic 1Y price action

Deterministic price series; 50d (yellow) and 200d (orange) MAs shown

3M RS: 6.8%6M RS: -9.9%12M RS: 32.5%Vol30d: 35%DD52w: -5.5%

Financial summary

Curated, illustrative

Revenue
$265.93B
Growth (YoY)
28.9%
Gross margin
6.2%
Operating margin
3.6%
FCF
$1.15B
Capex
$7.56B
Net cash / (debt)
$7.85B
ROIC
3.7%
Customer conc.
Medium

Valuation

Market cap
$107.43B
Enterprise value
$99.58B
P/E (TTM)
18.5x
Forward P/E
11.6x
EV / Sales
0.4x
EV / EBITDA
8.5x
P / FCF
93.2x
PEG
1.1x
Rule of 40

Risks

Severity 1 (low) to 5 (severe)

  • 4
    Apple concentration
  • 4
    China manufacturing exposure

Score components

What drove the composite

Growth84
Profitability33
Cash generation30
Balance sheet79
Moat / AI relevance75
Capital intensity (higher = lighter)78
Customer diversification60
Valuation discipline (dilution)65
Trend (MA50/MA200)65
Momentum (3/6/12m)63
Relative strength87
Realized vol (higher = lower vol)60