SANM - Sanmina Corp Stock Price, Fair Value and News

64.67USD+0.52 (+0.81%)Market Closed

Market Summary

USD64.67+0.52

Market Closed

0.81%

SANM Alerts

Big fall in Revenue (Y/Y)

Big fall in earnings (Y/Y)

SANM Stock Price

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SANM RSI Chart

SANM Valuation

Market Cap

3.6B

Price/Earnings (Trailing)

14.47

Price/Sales (Trailing)

0.45

EV/EBITDA

6.5

Price/Free Cashflow

20.2

SANM Price/Sales (Trailing)

SANM Profitability

EBT Margin

4.29%

Return on Equity

10.65%

Return on Assets

5.29%

Free Cashflow Yield

4.95%

SANM Fundamentals

SANM Revenue

Revenue (TTM)

8.0B

Rev. Growth (Yr)

-20.93%

Rev. Growth (Qtr)

-2.14%

SANM Earnings

Earnings (TTM)

247.9M

Earnings Growth (Yr)

-34.08%

Earnings Growth (Qtr)

-8.03%

Breaking Down SANM Revenue

Last 7 days

6.2%

Last 30 days

7.2%

Last 90 days

9.1%

Trailing 12 Months

22.4%

How does SANM drawdown profile look like?

SANM Financial Health

Current Ratio

Debt/Equity

0.13

Debt/Cashflow

1.09

SANM Investor Care

Buy Backs (1Y)

4.67%

Diluted EPS (TTM)

4.22

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	8.0B	0	0	0
2023	8.9B	9.1B	8.9B	8.5B
2022	7.0B	7.3B	7.9B	8.5B
2021	7.0B	7.0B	6.7B	6.7B
2020	7.3B	7.0B	7.0B	6.9B
2019	8.0B	8.2B	8.2B	7.9B
2018	6.9B	7.0B	7.1B	7.6B
2017	6.7B	6.8B	6.9B	6.9B
2016	6.3B	6.5B	6.5B	6.7B
2015	6.5B	6.4B	6.4B	6.2B
2014	5.9B	6.0B	6.2B	6.4B
2013	6.1B	6.0B	5.9B	5.9B
2012	6.3B	6.2B	6.1B	6.1B
2011	6.5B	6.6B	6.6B	6.4B
2010	5.7B	6.0B	6.3B	6.5B
2009	0	0	5.2B	5.5B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Sanmina Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 18, 2024	hedley david v iii	sold	-23,643	60.01	-394	-
Mar 15, 2024	sankaran mythili	acquired	180,022	59.61	3,020	-
Mar 15, 2024	prabhu krish a	acquired	180,022	59.61	3,020	-
Mar 15, 2024	johnson susan a	acquired	180,022	59.61	3,020	-
Mar 15, 2024	barnes susan k	acquired	180,022	59.61	3,020	-
Mar 15, 2024	licata joseph g jr	acquired	180,022	59.61	3,020	-
Mar 15, 2024	rosati mario m	acquired	180,022	59.61	3,020	-
Mar 15, 2024	delaney eugene a	acquired	180,022	59.61	3,020	-
Mar 15, 2024	hedley david v iii	acquired	180,022	59.61	3,020	-
Feb 23, 2024	rosati mario m	sold	-522,380	60.756	-8,598	-

Which funds bought or sold SANM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	ClariVest Asset Management LLC	unchanged	-	930	5,347	-%
May 07, 2024	Empirical Financial Services, LLC d.b.a. Empirical Wealth Management	added	8.12	71,884	304,745	0.01%
May 07, 2024	Susquehanna Portfolio Strategies, LLC	reduced	-51.34	-749,213	1,073,600	0.03%
May 07, 2024	QRG CAPITAL MANAGEMENT, INC.	reduced	-31.93	-75,884	355,110	-%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-50.44	-566,016	848,508	-%
May 07, 2024	ASSETMARK, INC	added	8.52	1,031,030	4,318,710	0.01%
May 07, 2024	Headlands Technologies LLC	reduced	-33.85	-46,185	185,545	0.04%
May 07, 2024	Illinois Municipal Retirement Fund	reduced	-55.14	-1,635,000	1,943,000	0.03%
May 07, 2024	OPPENHEIMER ASSET MANAGEMENT INC.	reduced	-18.74	-25,528	1,535,350	0.02%
May 07, 2024	Swiss National Bank	reduced	-0.44	1,187,200	6,976,600	-%

Are Funds Buying or Selling SANM?

Are funds buying SANM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SANM

No. of Funds

Unveiling Sanmina Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.51%	7,108,722	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	8.1%	4,578,995	SC 13G/A
Jan 19, 2024	blackrock inc.	19.3%	10,971,171	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	8.3%	4,749,730	SC 13G/A
Feb 09, 2023	vanguard group inc	11.45%	6,576,813	SC 13G/A
Jan 23, 2023	blackrock inc.	17.9%	10,259,025	SC 13G/A
Dec 12, 2022	earnest partners llc	4.6%	2,615,939	SC 13G/A
Feb 11, 2022	earnest partners llc	6.0%	3,843,812	SC 13G/A
Feb 10, 2022	vanguard group inc	10.78%	6,937,717	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	7.2%	4,607,977	SC 13G/A

Recent SEC filings of Sanmina Corp

View All Filings

Date Filed	Form Type	Document
May 01, 2024	10-Q	Quarterly Report
May 01, 2024	S-8	Employee Benefits Plan
Apr 29, 2024	8-K	Current Report
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading

Peers (Alternatives to Sanmina Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AAPL	2.8T	381.6B	8.48%	6.39%	27.91	7.34	-0.90%	6.43%
APH	76.0B	12.8B	8.55%	68.36%	37.32	5.92	1.52%	6.35%
GLW	29.1B	12.4B	5.41%	8.89%	47.07	2.35	-9.51%	-33.28%
FTV	26.9B	6.1B	-9.14%	18.58%	29.94	4.39	3.71%	17.79%
FLEX	12.0B	29.4B	-0.73%	36.52%	15.97	0.41	-1.12%	-8.06%
MID-CAP
CGNX	8.0B	847.2M	13.06%	-6.48%	79.82	9.39	-8.39%	-42.67%
ARW	6.8B	31.3B	0.02%	8.31%	9.52	0.22	-14.93%	-46.67%
BMI	5.7B	740.8M	23.01%	40.65%	55.65	7.69	25.07%	42.99%
AVT	4.7B	24.7B	7.31%	25.87%	8.27	0.19	-6.09%	-33.76%
ESE	2.8B	968.8M	4.76%	14.23%	30.35	2.91	9.35%	8.73%
SMALL-CAP
CNXN	1.7B	2.8B	-2.49%	63.76%	20.44	0.61	-10.09%	0.74%
BHE	1.4B	2.8B	33.87%	92.41%	21.88	0.51	-4.25%	-5.27%
GPRO	258.4M	986.2M	-16.99%	-61.14%	-0.71	0.26	-6.21%	-5303.34%
AEY	29.7M	56.7M	-20.40%	19.88%	-3.8	0.59	-41.04%	-726.48%
CPSH	26.9M	26.4M	3.35%	-33.21%	34.98	1.02	-2.48%	-64.63%

Sanmina Corp News

Latest updates

Sanmina Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.1%	1,835	1,875	2,052	2,207	2,320	2,356	2,225	2,023	1,915	1,756	1,651	1,653	1,678	1,756	1,865	1,655	1,591	1,840	1,892	2,027	2,127
Gross Profit	-3.8%	155	161	173	183	191	195	172	162	146	141	130	135	121	140	143	131	107	135	142	148	153
Operating Expenses	7.6%	79.00	73.00	74.00	76.00	71.00	67.00	69.00	71.00	70.00	63.00	64.00	62.00	78.00	66.00	70.00	67.00	83.00	78.00	79.00	80.00	75.00
S&GA Expenses	6.8%	69.00	65.00	62.00	69.00	63.00	61.00	60.00	62.00	62.00	61.00	57.00	57.00	61.00	59.00	56.00	59.00	62.00	63.00	66.00	67.00	64.00
R&D Expenses	0.5%	6.00	6.00	8.00	7.00	6.00	6.00	6.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	6.00	5.00	6.00	5.00	6.00	7.00	8.00
EBITDA Margin	-1.2%	0.06*	0.06*	0.06*	0.06*	0.06*	0.06*	0.05*	0.05*	0.06*	0.06*	0.06*	0.06*	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.3%	8.00	8.00	8.00	10.00	9.00	9.00	7.00	6.00	5.00	5.00	5.00	5.00	5.00	5.00	9.00	8.00	6.00	6.00	6.00	8.00	8.00
Income Taxes	-10.3%	19.00	21.00	21.00	17.00	26.00	21.00	19.00	2.00	22.00	20.00	7.00	-18.00	19.00	25.00	23.00	15.00	6.00	15.00	35.00	16.00	28.00
Earnings Before Taxes	-8.9%	74.00	82.00	87.00	99.00	111	116	77.00	79.00	70.00	76.00	44.00	99.00	66.00	73.00	69.00	60.00	11.00	53.00	54.00	59.00	69.00
EBT Margin	-4.2%	0.04*	0.04*	0.05*	0.04*	0.04*	0.04*	0.04*	0.04*	0.04*	0.04*	0.04*	0.04*	-	-	-	-	-	-	-	-	-
Net Income	-8.0%	52.00	57.00	62.00	76.00	80.00	92.00	58.00	77.00	49.00	56.00	56.00	116	28.00	50.00	45.00	45.00	5.00	38.00	20.00	43.00	41.00
Net Income Margin	-4.4%	0.03*	0.03*	0.03*	0.03*	0.03*	0.03*	0.03*	0.03*	0.04*	0.04*	0.04*	0.03*	-	-	-	-	-	-	-	-	-
Free Cashflow	-53.5%	43.00	92.00	39.00	4.00	1.00	0.00	34.00	64.00	52.00	43.00	62.00	86.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.5%	4,686	4,617	4,874	4,958	5,029	5,272	4,836	4,739	4,647	4,505	4,204	3,999	3,766	3,794	3,773	4,475	4,360	3,830	3,906	4,020	4,207
Current Assets	1.9%	3,697	3,630	3,880	3,953	4,035	4,309	3,891	3,822	3,735	3,587	3,271	3,056	2,846	2,855	2,819	3,500	3,363	2,805	2,921	3,002	3,175
Cash Equivalents	3.1%	651	632	668	657	718	735	530	493	560	628	650	624	575	516	481	1,117	1,115	431	455	414	405
Inventory	-0.6%	1,384	1,392	1,477	1,489	1,553	1,700	1,684	1,590	1,444	1,254	1,042	893	785	819	861	884	884	844	901	915	1,007
Net PPE	1.0%	641	635	633	632	617	591	575	546	525	525	533	536	515	527	559	575	592	612	631	635	640
Current Liabilities	1.4%	1,848	1,822	2,033	2,158	2,255	2,588	2,471	2,463	2,298	2,097	1,786	1,609	1,438	1,492	1,523	2,213	2,131	1,530	1,683	1,828	2,419
Long Term Debt	-1.4%	304	308	312	317	321	325	329	298	303	307	312	316	320	325	329	334	338	343	347	351	-
LT Debt, Non Current	-100.0%	-	308	312	317	321	325	329	298	303	307	312	316	320	325	329	334	338	343	347	351	-
Shareholder's Equity	2.4%	2,327	2,273	2,319	2,266	2,218	2,136	1,820	1,769	6,359	1,853	1,853	1,814	1,711	1,673	1,623	1,653	1,618	6,279	1,647	1,627	1,581
Retained Earnings	-	-	-	-2,930	-	-	-	-3,239	-	-	-	-3,480	-	-	-	-3,723	-	-	-	-3,863	-	-
Additional Paid-In Capital	-	-	-	6,513	-	-	-	6,381	-	-	-	6,339	-	-	-	6,301	-	-	-	6,267	-	-
Accumulated Depreciation	-	-	-	-	-	-	-	1,765	-	-	-	1,715	-	-	-	-	-	-	-	-	-	-
Shares Outstanding	-1.7%	56.00	57.00	57.00	58.00	58.00	58.00	57.00	60.00	64.00	64.00	65.00	65.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	1,900	-	-	-	1,453	-	-	-	1,479	-	-	-	1,056	-	-	-	1,648

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-42.6%	72,317	126,025	76,857	56,509	64,578	37,224	81,898	101,683	78,973	68,300	91,721	103,721	81,089	61,811	79,889	63,767	135,728	21,171	190,197	165,466	105,738
Share Based Compensation	16.4%	14,651	12,585	12,942	13,317	12,534	11,609	10,563	10,683	9,330	9,032	8,829	8,715	9,224	8,208	4,192	7,354	7,783	6,906	10,266	8,136	6,626
Cashflow From Investing	12.9%	-30,311	-34,816	-38,303	-52,667	-64,158	-37,330	-48,455	-38,134	-28,263	-17,362	-30,490	-35,295	-14,349	-11,191	19,488	-39,441	-16,410	-28,046	-29,174	-26,644	-35,232
Cashflow From Financing	83.0%	-21,852	-128,439	-26,327	-65,005	-17,751	203,588	4,549	-128,553	-117,834	-72,461	-34,582	-20,386	-6,190	-16,160	-735,954	-22,479	565,539	-17,386	-120,180	-130,364	-74,397
Buy Backs	-	-	-	-	-	13,498	8,009	24,343	124,437	113,498	68,823	32,633	16,379	2,525	12,522	78,925	18,067	64,483	17,550	-	604	168

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SANM Income Statement

2024-03-30

Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 30, 2024	Apr. 01, 2023	Mar. 30, 2024	Apr. 01, 2023
Net sales	$ 1,834,595	$ 2,320,103	$ 3,709,393	$ 4,675,911
Cost of sales	1,679,838	2,128,914	3,393,796	4,289,336
Gross profit	154,757	191,189	315,597	386,575
Operating expenses:
Selling, general and administrative	69,199	63,390	133,984	124,120
Research and development	6,323	6,394	12,612	11,993
Restructuring	3,274	804	5,464	1,435
Total operating expenses	78,796	70,588	152,060	137,548
Operating income	75,961	120,601	163,537	249,027
Interest income	3,412	2,539	7,069	5,472
Interest expense	(8,218)	(9,286)	(16,630)	(17,967)
Other income (expense)	3,276	(2,768)	2,143	(9,480)
Interest and other, net	(1,530)	(9,515)	(7,418)	(21,975)
Income before income taxes	74,431	111,086	156,119	227,052
Provision for income taxes	19,122	25,779	40,446	46,631
Net income before noncontrolling interest	55,309	85,307	115,673	180,421
Less: Net income attributable to noncontrolling interest	2,824	5,686	6,120	8,786
Net income attributable to common shareholders	$ 52,485	$ 79,621	$ 109,553	$ 171,635
Net income attributable to common shareholders per share:
Basic	$ 0.94	$ 1.37	$ 1.95	$ 2.96
Diluted	$ 0.93	$ 1.33	$ 1.91	$ 2.87
Weighted-average shares used in computing per share amounts:
Basic	55,585	58,269	56,062	57,999
Diluted	56,699	59,819	57,470	59,863

SANM Balance Sheet

2024-03-30

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 30, 2024	Sep. 30, 2023
Current assets:
Cash and cash equivalents	$ 650,858	$ 667,570
Accounts and Other Receivables, Net, Current	1,138,413	1,230,771
Contract assets	449,419	445,757
Inventories	1,383,739	1,477,223
Prepaid expenses and other current assets	75,050	58,249
Total current assets	3,697,479	3,879,570
Property, plant and equipment, net	641,008	632,836
Deferred income tax assets	169,533	177,597
Other	178,243	183,965
Total assets	4,686,263	4,873,968
Current liabilities:
Accounts payable	1,443,002	1,612,833
Accrued liabilities	260,086	267,148
Accrued payroll and related benefits	127,168	127,406
Short-term debt, including current portion of long-term debt	17,500	25,945
Total current liabilities	1,847,756	2,033,332
Long-term liabilities:
Long-term debt	303,884	312,327
Other	207,531	209,684
Total long-term liabilities	511,415	522,011
Commitments and Contingencies (Note 7)
Stockholders’ equity	2,327,092	2,318,625
Total liabilities and stockholders’ equity	$ 4,686,263	$ 4,873,968

About Sanmina Corp

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. In addition, the company provides components, such as printed circuit boards, backplane and backplane assemblies, cable assemblies, fabricated metal parts, precision machined part, and plastic injected molded parts; memory solutions; storage platforms; optical, radio frequency, and microelectronic solutions; defense and aerospace products; and cloud-based manufacturing execution software. It offers its products and services primarily to original equipment manufacturers in the industrial, medical, defense and aerospace, automotive, communications networks, cloud solutions, clean technology, computing and storage, multimedia, and oil and gas industries. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California.

CEO	Mr. Jure Sola
WEBSITE	sanmina.com
INDUSTRY	Consumer Electronics
EMPLOYEES	34000

Sanmina Corp Frequently Asked Questions

What is the ticker symbol for Sanmina Corp? What does SANM stand for in stocks?

SANM is the stock ticker symbol of Sanmina Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Sanmina Corp (SANM)?

As of Wed May 08 2024, market cap of Sanmina Corp is 3.59 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SANM stock?

You can check SANM's fair value in chart for subscribers.

What is the fair value of SANM stock?

You can check SANM's fair value in chart for subscribers. The fair value of Sanmina Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Sanmina Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SANM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Sanmina Corp a good stock to buy?

The fair value guage provides a quick view whether SANM is over valued or under valued. Whether Sanmina Corp is cheap or expensive depends on the assumptions which impact Sanmina Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SANM.

What is Sanmina Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, SANM's PE ratio (Price to Earnings) is 14.47 and Price to Sales (PS) ratio is 0.45. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SANM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Sanmina Corp's stock?

In the past 10 years, Sanmina Corp has provided 0.121 (multiply by 100 for percentage) rate of return.