Sanmina
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. The last earnings update was 73 days ago. More info.
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SANM Share Price and Events
7 Day Returns
1 Year Returns
SANM Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Sanmina (SANM) | -0.1% | 9.2% | 22.4% | 16.6% | 46.1% | 53% |
| US Electronic | 0.1% | 5.6% | 17.4% | 10.5% | 67.3% | 68.8% |
| US Market | -0.3% | 2% | 8.5% | 7% | 37.7% | 46.8% |
1 Year Return vs Industry and Market
- SANM outperformed the Electronic industry which returned 10.5% over the past year.
- SANM outperformed the Market in United States of America which returned 7% over the past year.
SANM 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.
- 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 $32.18.
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?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-29) in USD | $1.41 |
| NasdaqGS:SANM Share Price ** | NasdaqGS (2019-04-18) in USD | $32.18 |
| United States of America Electronic Industry PE Ratio | Median Figure of 92 Publicly-Listed Electronic Companies | 21.67x |
| United States of America Market PE Ratio | Median Figure of 3,081 Publicly-Listed Companies | 18.18x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Sanmina.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqGS:SANM Share Price ÷ EPS (both in USD) = 32.18 ÷ 1.41 |
22.82x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Sanmina is overvalued based on earnings compared to the US Electronic industry average.
- Sanmina is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Sanmina's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 22.82x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts |
41.7%per year |
| United States of America Electronic Industry PEG Ratio | Median Figure of 58 Publicly-Listed Electronic Companies | 1.64x |
| United States of America Market PEG Ratio | Median Figure of 2,109 Publicly-Listed Companies | 1.56x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 22.82x ÷ 41.7% |
0.55x |
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?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-29) in USD | $22.42 |
| NasdaqGS:SANM Share Price * | NasdaqGS (2019-04-18) in USD | $32.18 |
| United States of America Electronic Industry PB Ratio | Median Figure of 145 Publicly-Listed Electronic Companies | 2.14x |
| United States of America Market PB Ratio | Median Figure of 5,184 Publicly-Listed Companies | 1.91x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqGS:SANM Share Price ÷ Book Value per Share (both in USD) = 32.18 ÷ 22.42 |
1.44x |
* 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 US Electronic industry average.
Value checks
We assess Sanmina's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check) Sanmina has a total score of 2/6, 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.
SANM 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!
Earnings growth vs Low Risk Savings
- Sanmina's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Sanmina's earnings growth is expected to exceed the United States of America market average.
- Sanmina's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NasdaqGS:SANM Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts | 41.7% |
| NasdaqGS:SANM Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts | 4.4% |
| United States of America Electronic Industry Earnings Growth Rate | Market Cap Weighted Average | 16.7% |
| United States of America Electronic Industry Revenue Growth Rate | Market Cap Weighted Average | 5.6% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.4% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7% |
*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
| 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 |
| 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 |
| 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.
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.
| 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 |
| 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.
Future performance checks
We assess Sanmina's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
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.
SANM 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
Past Earnings growth analysis
- 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 US Electronic industry average.
Earnings and Revenue History
All data from Sanmina Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| 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 US 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).
Past performance checks
We assess Sanmina's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
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.
SANM 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.
- 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
Assets
Liabilities and shares
- 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.
All data from Sanmina Company Filings, last reported 3 months ago.
| 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).
Financial health checks
We assess Sanmina's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Sanmina has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
SANM 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
If you bought
$2,000 of
Sanmina
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- 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.
| 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 |
| United States of America Electronic Industry Average Dividend Yield | Market Cap Weighted Average of 38 Stocks | 1.5% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2009 Stocks | 2.4% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| 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.
Income/ dividend checks
We assess Sanmina's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- 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) 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.
SANM Management
CEO
| 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 United States of America.
Management Team Tenure
Average tenure and age of the Sanmina management team in years:
- 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
Co-Founder & Executive Chairman
$9M
67
39.3 yrs
Michael Clarke
CEO & Director
$313K
63
0.5 yrs
Dave Anderson
Executive VP & CFO
$2M
57
1.5 yrs
Alan Reid
Executive Vice President of Global Human Resources
$691K
55
6.5 yrs
Gerry Fay
Consultant
$771K
59
0.6 yrs
Brent Billinger
Principal Accounting Officer
54
1.3 yrs
Paige Bombino
Vice President of Investor Relations
22.3 yrs
Christopher Sadeghian
VP of Legal
Marco Hagelsieb
Chief Operating Officer of Americas IMS
6.5 yrs
Brian Casey
Senior VP & Treasurer
64
9.2 yrs
Board of Directors Tenure
Average tenure and age of the Sanmina board of directors in years:
- The tenure for the Sanmina board of directors is about average.
Board of Directors
Jure Sola
Co-Founder & Executive Chairman
$9M
67
16.3 yrs
Michael Clarke
CEO & Director
$313K
63
5.3 yrs
Jackie Ward
Lead Independent Director
$547K
80
0.1 yrs
John Goldsberry
Director
$347K
63
11.3 yrs
Mario Rosati
Director
$260K
72
22.3 yrs
Joe Licata
Director
$285K
58
11.7 yrs
Gene Delaney
Director
$655K
61
5.3 yrs
Rita Lane
Director
$320K
56
2.6 yrs
Bill DeLaney
Director
$328K
62
1.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 25. Feb 19 | Sell | Brent Billinger | Individual | 22. Feb 19 | 22. Feb 19 | -1,500 | $32.79 | $-49,182 | ||
| 22. Feb 19 | Sell | John Goldsberry | Individual | 20. Feb 19 | 21. Feb 19 | -16,407 | $32.45 | $-529,700 | ||
| 22. Feb 19 | Sell | Alan Reid | Individual | 21. Feb 19 | 21. Feb 19 | -6,052 | $32.46 | $-196,185 | ||
| 21. Nov 18 | Sell | David Anderson | Individual | 19. Nov 18 | 19. Nov 18 | -14,595 | $26.02 | $-379,819 | ||
| 25. May 18 | Sell | Wayne Shortridge | Individual | 24. May 18 | 24. May 18 | -10,650 | $29.38 | $-312,844 | ||
Management checks
We assess Sanmina's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) 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.
SANM News
Simply Wall St News
Update: Sanmina (NASDAQ:SANM) Stock Gained 82% In The Last Five Years
For example, long term Sanmina Corporation (NASDAQ:SANM) shareholders have enjoyed a 82% share price rise over the last half decade, well in excess of the market return of around 50% (not including dividends). … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … That's generally thought to be a genuine positive, so we would expect to see an increasing share price.
Simply Wall St - – Full articleWhat We Think Of Sanmina Corporation’s (NASDAQ:SANM) Investment Potential
Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Return On Capital Employed (ROCE): What is it? … How Do You Calculate Return On Capital Employed
Simply Wall St - – Full articleA Closer Look At Sanmina Corporation's (NASDAQ:SANM) Uninspiring ROE
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … That means that for every $1 worth of shareholders' equity, it generated $0.064 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleWhat does Sanmina Corporation's (NASDAQ:SANM) Balance Sheet Tell Us About Its Future?
Investors are always looking for growth in small-cap stocks like Sanmina Corporation (NASDAQ:SANM), with a market cap of US$1.6b. … However, an important fact which most ignore is: how financially healthy is the business?
Simply Wall St - – Full articleIs Sanmina Corporation's (NASDAQ:SANM) Balance Sheet A Threat To Its Future?
Investors are always looking for growth in small-cap stocks like Sanmina Corporation (NASDAQ:SANM), with a market cap of US$1.6b. … However, an important fact which most ignore is: how financially healthy is the business? … Evaluating financial health as part of your investment thesis is
Simply Wall St - – Full articleSanmina Corporation (NASDAQ:SANM): A Look At Return On Capital
This share represents a portion of capital used by the company to operate the business, and it is important the company is able to use the capital base efficiently to create adequate cash flows for you as an investor. … Your return is tied to SANM’s ability to do this because the amount earned is used to invest in opportunities to grow the business or payout dividends, which are the two sources of return on investment. … Thus, to understand how your money can grow by investing in Sanmina, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)
Simply Wall St - – Full articleAre Sanmina Corporation's (NASDAQ:SANM) Interest Costs Too High?
Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Sanmina Corporation (NASDAQ:SANM), with a market cap of US$2.08b, often get neglected by retail investors. … SANM’s financial liquidity and debt position will be analysed in this article, to get an idea of whether the company can fund opportunities for strategic growth and maintain strength through economic downturns. … Note that this information is centred entirely on financial health and is a top-level understanding, so I encourage you to look further.
Simply Wall St - – Full articleAre Sanmina Corporation's (NASDAQ:SANM) Interest Costs Too High?
At this stable level of debt, the current cash and short-term investment levels stands at US$406.66M , ready to deploy into the business. … On top of this, SANM has produced cash from operations of US$250.96M in the last twelve months, resulting in an operating cash to total debt ratio of 52.30%, signalling that SANM’s current level of operating cash is high enough to cover debt. … Risk around debt is very low for SANM, and the company also has the ability and headroom to increase debt if needed going forward.Next Steps: SANM’s high cash coverage and appropriate debt levels indicate its ability to utilise its borrowings efficiently in order to generate ample cash flow.
Simply Wall St - – Full articleShould You Be Tempted To Buy Sanmina Corporation (NASDAQ:SANM) At Its Current PE Ratio?
Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for SANM Price per share = $27.9 Earnings per share = $1.864 ∴ Price-Earnings Ratio = $27.9 ÷ $1.864 = 15x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … For example, if you inadvertently compared lower risk firms with SANM, then investors would naturally value SANM at a lower price since it is a riskier investment. … Similarly, if you accidentally compared higher growth firms with SANM, investors would also value SANM at a lower price since it is a lower growth investment.
Simply Wall St - – Full articleSanmina Corporation (NASDAQ:SANM): Are Forecast Margins sustainable?
Margin Calculation for SANM Profit Margin = Net Income ÷ Revenue ∴ Profit Margin = 138.83 Million ÷ 6.87 Billion = 2.02% The past five years have seen Sanmina's margin expand, as a result of 19.04% in average net income growth outstripping average revenue growth of 0.0087%, which suggests that the company has been able to convert a larger percentage of revenue into net income whilst grow their top line at the same time. … This suggests future earnings growth is driven further by enhanced cost efficiency alongside revenue increases, which is enlarging the incremental amount of net income that is retained from the forecasted revenue growth. … Thus, it is essential to run your own analysis on Sanmina's future earnings whilst maintaining a watchful eye over the sustainability of their cost management methods and the runway for top line growth.
Simply Wall St - – Full articleSANM 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 |
| SANM | |
| Exchange: | NasdaqGS |
| Founded: | 1980 |
| $2,202,064,624 | |
| 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
Industry
| Electronic Manufacturing Services | |
| Tech |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/21 23:41 |
| End of day share price update: | 2019/04/18 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.
