| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
SANM Stock Overview
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide.
Sanmina Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$36.15 |
| 52 Week High | US$43.63 |
| 52 Week Low | US$30.59 |
| Beta | 1.07 |
| 1 Month Change | -10.94% |
| 3 Month Change | -4.42% |
| 1 Year Change | 8.10% |
| 3 Year Change | 13.50% |
| 5 Year Change | -7.19% |
| Change since IPO | 796.72% |
Recent News & Updates
Sanmina (NASDAQ:SANM) Could Easily Take On More Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Is It Time To Consider Buying Sanmina Corporation (NASDAQ:SANM)?
Sanmina Corporation ( NASDAQ:SANM ), is not the largest company out there, but it saw a double-digit share price rise...
Is Sanmina Corporation (NASDAQ:SANM) Trading At A 39% Discount?
How far off is Sanmina Corporation ( NASDAQ:SANM ) from its intrinsic value? Using the most recent financial data...
The Returns At Sanmina (NASDAQ:SANM) Aren't Growing
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Shareholder Returns
| SANM | US Electronic | US Market | |
|---|---|---|---|
| 7D | -8.2% | -6.3% | -5.1% |
| 1Y | 8.1% | 1.3% | 3.3% |
Return vs Industry: SANM exceeded the US Electronic industry which returned 2.5% over the past year.
Return vs Market: SANM exceeded the US Market which returned 4.2% over the past year.
Price Volatility
| SANM volatility | |
|---|---|
| SANM Average Weekly Movement | 4.5% |
| Electronic Industry Average Movement | 7.3% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.4% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: SANM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SANM's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1980 | 32,000 | Jure Sola | https://www.sanmina.com |
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engages in the manufacturing of components, subassemblies, and complete systems.
Sanmina Fundamentals Summary
| SANM fundamental statistics | |
|---|---|
| Market Cap | US$2.33b |
| Earnings (TTM) | US$269.00m |
| Revenue (TTM) | US$6.76b |
8.7x
P/E Ratio0.3x
P/S RatioIs SANM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SANM income statement (TTM) | |
|---|---|
| Revenue | US$6.76b |
| Cost of Revenue | US$6.20b |
| Gross Profit | US$551.81m |
| Expenses | US$282.81m |
| Earnings | US$269.00m |
Last Reported Earnings
Oct 02, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.18 |
| Gross Margin | 8.17% |
| Net Profit Margin | 3.98% |
| Debt/Equity Ratio | 18.6% |
How did SANM perform over the long term?
See historical performance and comparisonValuation
Is Sanmina undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SANM ($36.15) is trading below our estimate of fair value ($120.33)
Significantly Below Fair Value: SANM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SANM is good value based on its PE Ratio (8.7x) compared to the US Electronic industry average (16.8x).
PE vs Market: SANM is good value based on its PE Ratio (8.7x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: SANM's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SANM is good value based on its PB Ratio (1.2x) compared to the US Electronic industry average (2.2x).
Future Growth
How is Sanmina forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
-1.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SANM's earnings are forecast to decline over the next 3 years (-1.8% per year).
Earnings vs Market: SANM's earnings are forecast to decline over the next 3 years (-1.8% per year).
High Growth Earnings: SANM's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SANM's revenue (3.7% per year) is forecast to grow slower than the US market (9.1% per year).
High Growth Revenue: SANM's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SANM's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Sanmina performed over the past 5 years?
12.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SANM has high quality earnings.
Growing Profit Margin: SANM's current net profit margins (4%) are higher than last year (2%).
Past Earnings Growth Analysis
Earnings Trend: SANM's earnings have grown by 12.2% per year over the past 5 years.
Accelerating Growth: SANM's earnings growth over the past year (93%) exceeds its 5-year average (12.2% per year).
Earnings vs Industry: SANM earnings growth over the past year (93%) exceeded the Electronic industry 42.1%.
Return on Equity
High ROE: SANM's Return on Equity (14.3%) is considered low.
Financial Health
How is Sanmina's financial position?
Financial Position Analysis
Short Term Liabilities: SANM's short term assets ($3.3B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: SANM's short term assets ($3.3B) exceed its long term liabilities ($565.1M).
Debt to Equity History and Analysis
Debt Level: SANM has more cash than its total debt.
Reducing Debt: SANM's debt to equity ratio has reduced from 28.7% to 18.6% over the past 5 years.
Debt Coverage: SANM's debt is well covered by operating cash flow (96.9%).
Interest Coverage: SANM's interest payments on its debt are well covered by EBIT (15.9x coverage).
Balance Sheet
Dividend
What is Sanmina current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SANM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SANM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SANM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SANM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SANM's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.3yrs
Average management tenure
CEO
Jure Sola (70 yo)
42yrs
Tenure
US$5,976,252
Compensation
Mr. Jure Sola Co-Founded Sanmina Corporation in 1980 and has been its Executive Chairman since October 2, 2017. He serves as Chief Executive Officer at Sanmina Corporation since August 17, 2020. Mr. Sola s...
CEO Compensation Analysis
Compensation vs Market: Jure's total compensation ($USD5.98M) is above average for companies of similar size in the US market ($USD3.74M).
Compensation vs Earnings: Jure's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SANM's management team is seasoned and experienced (9.3 years average tenure).
Board Members
Experienced Board: SANM's board of directors are seasoned and experienced ( 14 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SANM insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Sanmina Corporation's employee growth, exchange listings and data sources
Key Information
- Name: Sanmina Corporation
- Ticker: SANM
- Exchange: NasdaqGS
- Founded: 1980
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Implied Market Cap: US$2.327b
- Shares outstanding: 64.38m
- Website: https://www.sanmina.com
Number of Employees
Location
- Sanmina Corporation
- 2700 North First Street
- San Jose
- California
- 95134
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/26 00:51 |
| End of Day Share Price | 2022/01/25 00:00 |
| Earnings | 2021/10/02 |
| Annual Earnings | 2021/10/02 |
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.