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Sanmina

DB:SAYN
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SAYN
DB
$2B
Market Cap
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Last updated 2019/04/23 20:40
Company description

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. The last earnings update was 75 days ago. More info.

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SAYN Share Price and Events
7 Day Returns
-0.9%
DB:SAYN
1.7%
DE Electronic
1.5%
DE Market
1 Year Returns
8.2%
DB:SAYN
-2%
DE Electronic
-6.2%
DE Market
SAYN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sanmina (SAYN) -0.9% 7.3% 26.2% 8.2% 29.7% 93.3%
DE Electronic 1.7% 8.1% 19.9% -2% 97.4% 104.1%
DE Market 1.5% 6% 8.5% -6.2% 10.7% 15.3%
1 Year Return vs Industry and Market
  • SAYN outperformed the Electronic industry which returned -2% over the past year.
  • SAYN outperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
SAYN
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Sanmina undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Sanmina. This is due to cash flow or dividend data being unavailable. The share price is €28.325.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sanmina's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sanmina's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:SAYN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-29) in USD $1.41
NasdaqGS:SANM Share Price ** NasdaqGS (2019-04-23) in USD $31.47
Germany Electronic Industry PE Ratio Median Figure of 13 Publicly-Listed Electronic Companies 23.37x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.6x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sanmina.

DB:SAYN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:SANM Share Price ÷ EPS (both in USD)

= 31.47 ÷ 1.41

 22.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sanmina is good value based on earnings compared to the DE Electronic industry average.
  • Sanmina is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Sanmina's expected growth come at a high price?
Raw Data
DB:SAYN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 22.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts		 41.7%per year
Germany Electronic Industry PEG Ratio Median Figure of 12 Publicly-Listed Electronic Companies 2.1x
Germany Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

DB:SAYN PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 22.31x ÷ 41.7%

 0.53x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sanmina is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Sanmina's assets?
Raw Data
DB:SAYN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-29) in USD $22.42
NasdaqGS:SANM Share Price * NasdaqGS (2019-04-23) in USD $31.47
Germany Electronic Industry PB Ratio Median Figure of 19 Publicly-Listed Electronic Companies 2.57x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:SAYN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:SANM Share Price ÷ Book Value per Share (both in USD)

= 31.47 ÷ 22.42

 1.4x

* Primary Listing of Sanmina.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sanmina is good value based on assets compared to the DE Electronic industry average.
Show me more potentially undervalued companies in the Electronic industry
X
Value checks
We assess Sanmina's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
    5. Sanmina has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Sanmina expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
41.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sanmina expected to grow at an attractive rate?
  • Sanmina's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Sanmina's earnings growth is expected to exceed the Germany market average.
  • Sanmina's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:SAYN Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:SAYN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 41.7%
DB:SAYN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 4.4%
Germany Electronic Industry Earnings Growth Rate Market Cap Weighted Average 12.5%
Germany Electronic Industry Revenue Growth Rate Market Cap Weighted Average 7.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:SAYN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:SAYN Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-09-30
2020-09-30 8,273 216 2
2019-09-30 8,080 167 3
DB:SAYN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-29 7,553 70 97
2018-09-29 7,110 156 -96
2018-06-30 6,989 145 -70
2018-03-31 6,887 142 -68
2017-12-30 6,893 205 -61
2017-09-30 6,869 251 139
2017-07-01 6,779 305 214
2017-04-01 6,738 327 207
2016-12-31 6,666 381 206
2016-10-01 6,481 390 188
2016-07-02 6,452 285 402
2016-04-02 6,322 317 397
2016-01-02 6,238 244 382

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Sanmina's earnings are expected to grow significantly at over 20% yearly.
  • Sanmina's revenue is expected to grow by 4.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:SAYN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Sanmina Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SAYN Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-09-30
2020-09-30 2.65 3.13 2.17 2.00
2019-09-30 2.29 2.35 2.23 2.00
DB:SAYN Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-29 1.41
2018-09-29 -1.37
2018-06-30 -0.99
2018-03-31 -0.93
2017-12-30 -0.82
2017-09-30 1.86
2017-07-01 2.88
2017-04-01 2.80
2016-12-31 2.78
2016-10-01 2.50
2016-07-02 5.24
2016-04-02 5.05
2016-01-02 4.73

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Sanmina will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Show me more growth companies in the Electronic industry
X
Future performance checks
We assess Sanmina's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sanmina has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Sanmina performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sanmina's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sanmina's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Sanmina has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Sanmina has become profitable in the last year making it difficult to compare the DE Electronic industry average.
Earnings and Revenue History
Sanmina's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sanmina Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SAYN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-29 7,553.35 97.33 250.35 29.58
2018-09-29 7,110.13 -95.53 250.92 30.75
2018-06-30 6,988.80 -70.47 255.74 32.69
2018-03-31 6,886.81 -68.03 253.03 32.94
2017-12-30 6,893.44 -60.94 250.03 33.16
2017-09-30 6,868.62 138.83 251.57 33.72
2017-07-01 6,779.44 213.79 247.67 33.66
2017-04-01 6,737.53 206.92 250.95 34.71
2016-12-31 6,666.44 205.56 252.05 36.27
2016-10-01 6,481.18 187.84 244.60 37.75
2016-07-02 6,451.94 402.42 246.28 38.20
2016-04-02 6,321.74 397.36 244.03 37.10
2016-01-02 6,238.09 381.74 237.56 34.66
2015-10-03 6,374.54 377.26 239.29 33.08
2015-06-27 6,424.13 194.38 233.92 31.90
2015-03-28 6,489.59 190.63 237.22 31.39
2014-12-27 6,438.77 196.72 242.52 32.66
2014-09-27 6,215.11 197.17 242.29 32.50
2014-06-28 6,034.26 103.46 241.67 31.96
2014-03-29 5,918.75 101.48 240.76 30.89
2013-12-28 5,869.68 101.83 237.39 28.08
2013-09-28 5,917.12 79.35 238.07 25.57
2013-06-29 5,990.39 204.70 238.76 24.43
2013-03-30 6,050.47 194.91 237.60 23.26
2012-12-29 6,085.91 172.28 241.59 23.16
2012-09-29 6,093.33 180.23 240.86 21.90
2012-06-30 6,211.45 34.17 242.45 21.57

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Sanmina has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Sanmina used its assets less efficiently than the DE Electronic industry average last year based on Return on Assets.
  • Sanmina has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sanmina's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sanmina has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Sanmina's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Sanmina's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sanmina is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sanmina's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sanmina's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sanmina Company Filings, last reported 3 months ago.

DB:SAYN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-29 1,532.62 722.72 409.29
2018-09-29 1,472.84 607.67 419.53
2018-06-30 1,476.76 625.84 404.78
2018-03-31 1,462.99 637.65 405.28
2017-12-30 1,501.59 561.61 404.91
2017-09-30 1,647.68 479.86 406.66
2017-07-01 1,739.55 394.37 435.50
2017-04-01 1,716.70 397.18 432.53
2016-12-31 1,662.77 436.71 405.24
2016-10-01 1,609.80 462.48 398.29
2016-07-02 1,530.62 517.55 409.62
2016-04-02 1,495.09 574.00 407.32
2016-01-02 1,527.25 513.52 398.45
2015-10-03 1,520.47 537.37 412.25
2015-06-27 1,259.25 432.21 416.47
2015-03-28 1,276.85 470.47 407.72
2014-12-27 1,281.61 490.28 391.15
2014-09-27 1,246.76 544.08 466.61
2014-06-28 1,132.14 701.78 552.88
2014-03-29 1,103.52 650.34 391.74
2013-12-28 1,093.24 659.29 407.74
2013-09-28 1,091.56 596.22 404.01
2013-06-29 1,039.18 688.12 418.32
2013-03-30 1,014.51 762.53 416.30
2012-12-29 986.35 922.62 493.17
2012-09-29 963.78 920.66 411.47
2012-06-30 805.75 995.36 395.02
  • Sanmina's level of debt (47.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (60.3% vs 47.2% today).
  • Debt is not well covered by operating cash flow (9.6%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 7.5x coverage).
Show me more healthy companies in the Electronic industry
X
Financial health checks
We assess Sanmina's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. Sanmina has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Sanmina's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Sanmina dividends. Estimated to be 0% next year.
If you bought €2,000 of Sanmina shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Sanmina's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Sanmina's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:SAYN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Germany Electronic Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:SAYN Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-09-30 0.00 1.00
2020-09-30 0.00 2.00
2019-09-30 0.00 2.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Sanmina has not reported any payouts.
  • Unable to verify if Sanmina's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Sanmina's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Sanmina has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Sanmina's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Sanmina's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sanmina afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Sanmina has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Sanmina's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Michael Clarke
COMPENSATION $313,345
AGE 63
TENURE AS CEO 0.5 years
CEO Bio

Mr. Michael J. Clarke served as the Chief Executive Officer and President at Nortek Inc. since December 30, 2011 and has been its Interim Principal Financial Officer February 2016 respectively. Mr. Clarke serves as the President of Sanmina Enclosure Systems Inc. He has been a Director at Sanmina Corporation since December 9, 2013. Mr. Clarke is also a member of the board of directors of U.S. LBM Holdings, Inc., a privately-held specialty building materials distributor. He also serves as Chief Executive Officer of Sanmina Corporation Since 1st October, 2018. He served as the President of Integrated Network Services at Flextronics International Ltd. until December 29, 2011 and served as its President of Infrastructure from January 2006 to December 29, 2011. Mr. Clarke served as the President of Flex Infrastructure of Flextronics International, Ltd. He has over 25 years of Senior Executive, business development and hands-on operational experience managing global companies in major industries including Aerospace and Defense, Automotive and Industrial. Prior to Sanmina-SCI Corp., Mr. Clarke served as the President and Chief Executive Officer of Devtek. He served as the President of the enclosures division and General Manager of the enclosures division of Sanmina-SCI Corp. from December 2001 to January 2006. He joined Sanmina-SCI Corp. in 1999 as a result of its acquisition of Devtek Electronic Packaging Systems, or Devtek, a manufacturer of electronic and metal components that was established in 1992. He has held senior positions with international companies including Devtek Corporation, Hawker Siddeley and Cementation Africa. He served as a Director of Nortek Inc. from December 31, 2011 to August 31, 2016. Mr. Clarke serves on the board of Vubiz Ltd. Mr. Clarke was educated as a Mechanical Engineer from Bradford Polytechnic, England, with enhanced Professional Development Programs from University of Western Ontario, Canada and Columbia University, USA.

CEO Compensation
  • Michael's compensation has been consistent with company performance over the past year.
  • Michael's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Sanmina management team in years:

6.5
Average Tenure
59
Average Age
  • The average tenure for the Sanmina management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Jure Sola

TITLE
Co-Founder & Executive Chairman
COMPENSATION
$9M
AGE
67
TENURE
39.3 yrs

Michael Clarke

TITLE
CEO & Director
COMPENSATION
$313K
AGE
63
TENURE
0.5 yrs

Dave Anderson

TITLE
Executive VP & CFO
COMPENSATION
$2M
AGE
57
TENURE
1.5 yrs

Alan Reid

TITLE
Executive Vice President of Global Human Resources
COMPENSATION
$691K
AGE
55
TENURE
6.5 yrs

Gerry Fay

TITLE
Consultant
COMPENSATION
$771K
AGE
59
TENURE
0.6 yrs

Brent Billinger

TITLE
Principal Accounting Officer
AGE
54
TENURE
1.3 yrs

Paige Bombino

TITLE
Vice President of Investor Relations
TENURE
22.3 yrs

Christopher Sadeghian

TITLE
VP of Legal

Marco Hagelsieb

TITLE
Chief Operating Officer of Americas IMS
TENURE
6.5 yrs

Brian Casey

TITLE
Senior VP & Treasurer
AGE
64
TENURE
9.2 yrs
Board of Directors Tenure

Average tenure and age of the Sanmina board of directors in years:

5.3
Average Tenure
63
Average Age
  • The tenure for the Sanmina board of directors is about average.
Board of Directors

Jure Sola

TITLE
Co-Founder & Executive Chairman
COMPENSATION
$9M
AGE
67
TENURE
16.3 yrs

Michael Clarke

TITLE
CEO & Director
COMPENSATION
$313K
AGE
63
TENURE
5.3 yrs

Jackie Ward

TITLE
Lead Independent Director
COMPENSATION
$547K
AGE
80
TENURE
0.1 yrs

John Goldsberry

TITLE
Director
COMPENSATION
$347K
AGE
63
TENURE
11.3 yrs

Mario Rosati

TITLE
Director
COMPENSATION
$260K
AGE
72
TENURE
22.3 yrs

Joe Licata

TITLE
Director
COMPENSATION
$285K
AGE
58
TENURE
11.7 yrs

Gene Delaney

TITLE
Director
COMPENSATION
$655K
AGE
61
TENURE
5.3 yrs

Rita Lane

TITLE
Director
COMPENSATION
$320K
AGE
56
TENURE
2.6 yrs

Bill DeLaney

TITLE
Director
COMPENSATION
$328K
AGE
62
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • Sanmina insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
25. Feb 19 Sell Brent Billinger Individual 22. Feb 19 22. Feb 19 -1,500 €28.92 €-43,374
22. Feb 19 Sell John Goldsberry Individual 20. Feb 19 21. Feb 19 -16,407 €28.63 €-467,355
22. Feb 19 Sell Alan Reid Individual 21. Feb 19 21. Feb 19 -6,052 €28.64 €-173,094
21. Nov 18 Sell David Anderson Individual 19. Nov 18 19. Nov 18 -14,595 €22.72 €-331,620
25. May 18 Sell Wayne Shortridge Individual 24. May 18 24. May 18 -10,650 €25.05 €-266,824
X
Management checks
We assess Sanmina's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. Sanmina has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two segments, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, and manufacturing design release; manufacturing solutions of components, subassemblies, and complete systems; final system assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services. It also provides interconnect systems, such as printed circuit board fabrication, backplane, cable assemblies, and plastic injection moldings; mechanical systems comprising enclosures and precision machining; memory, radio frequency, optical, and microelectronic solutions; defense and aerospace products; storage solutions; and cloud-based manufacturing execution software. The company offers its products and services to companies that serve the communications networks, computing and data storage, industrial, defense and aerospace, medical, automotive, energy, and other industries. The company was formerly known as Sanmina-SCI Corporation and changed its name to Sanmina Corporation in November 2012. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California.

Details
Name: Sanmina Corporation
SAYN
Exchange: DB
Founded: 1980
$1,921,765,200
68,429,603
Website: http://www.sanmina.com
Address: Sanmina Corporation
2700 North First Street,
San Jose,
California, 95134,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS SANM Common Stock Nasdaq Global Select US USD 14. Apr 1993
DB SAYN Common Stock Deutsche Boerse AG DE EUR 14. Apr 1993
Number of employees
Current staff
Staff numbers
35,400
Sanmina employees.
Industry
Electronic Manufacturing Services
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 20:40
End of day share price update: 2019/04/23 00:00
Last estimates confirmation: 2019/04/02
Last earnings filing: 2019/02/07
Last earnings reported: 2018/12/29
Last annual earnings reported: 2018/09/29


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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