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SANM

66.56USD+0.18(+0.27%)Market Closed

Sanmina Corp

Market Summary

USD66.56+0.18Market Closed
0.27%

SANM Alerts

SANM Stock Price

RSI Chart

Valuation

Market Cap

3.3B

Price/Earnings

13.34

Price/Sales

0.45

Price/Cashflow

9.71

MarketCap/EBT

10.81

Price/Sales

Profitability

EBT Margin

4.18%

Return on Equity

13.75%

Return on Assets

5.23%

Fundamentals

Revenue

Revenue (TTM)

7.3B

Revenue Y/Y

21.8%

Revenue Q/Q

5.63%

Earnings

Earnings (TTM)

256.1M

Earnings Y/Y

14.42%

Earnings Q/Q

-18.63%

Price Action

52 Week Range

35.3669.28
(Low)(High)

Last 7 days

0.7%

Last 30 days

17.9%

Last 90 days

33.2%

Trailing 12 Months

70.8%

Financial Health

Current Ratio

1.58

Debt/Equity

0.18

Debt/Cashflow

0.99

Investor Care

Buy Backs (1Y)

10.79%

Diluted EPS (TTM)

4.06

Peers (Alternatives to Sanmina)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
45.5B
12.4B
9.77% -3.91%
24.44
3.66
20.78% 25.42%
31.8B
5.3B
0.77% -11.54%
28.69
6.03
8.30% 33.53%
27.5B
14.5B
6.20% -9.91%
14.93
1.9
5.11% 10.05%
14.9B
5.7B
-0.47% -54.53%
30.01
2.57
5.07% -44.62%
MID-CAP
8.9B
33.5B
10.12% 14.14%
8.89
0.26
14.32% 43.10%
6.7B
1.3B
10.67% -16.39%
33.47
5.32
-2.14% -40.66%
4.4B
1.5B
5.31% -44.51%
16.43
2.94
1.92% 1.99%
3.3B
7.3B
17.87% 70.75%
13.34
0.45
4.93% -4.79%
3.0B
3.5B
8.93% 2.59%
8.69
0.9
13.72% 31.28%
2.7B
3.8B
12.26% 20.03%
22.6
0.78
13.14% -0.48%
SMALL-CAP
1.4B
1.2B
13.95% -4.48%
12.83
1.18
0.07% 28.38%
1.2B
577.1M
16.15% 10.44%
22.58
2.11
14.64% 249.10%
1.1B
152.0M
-3.78% 6.10%
53.9
7.36
24.71% -12.46%
988.0M
2.8B
-1.75% 12.91%
20.3
0.38
29.17% 91.42%
515.0M
252.8M
0.86% -59.66%
-14.89
1.94
-5.80% -59.89%

Financials for Sanmina

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue5.2%7,3326,9716,7596,7576,988
Gross Profit5.1%593564555552
Operating Expenses3.2%268260268271
  S&GA Expenses1.7%242238237235
  R&D Expenses-0.9%21212121
Earnings Before Taxes-5.3%306323313307
Net Income-13.2%248286280269
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets2.4%4,8604,7444,6504,5024,207
  Current Assets2.3%3,9263,8363,7473,5923,282
    Cash Equivalents7.4%530493560628650
  Inventory6.3%1,6911,5911,4381,2421,037
  Net PPE5.4%575546525525533
  Current Liabilities0.9%2,4542,4322,2682,0651,763
    LT Debt, Non Current10.4%329298303307312
Shareholder's Equity3.2%1,8611,8041,8381,8811,879
  Retained Earnings--3,454.37----
  Additional Paid-In Capital-6,339----
Accumulated Depreciation-1,715----
Shares Outstanding-4.6%60636464-
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-2.9%331341343345338
  Share Based Compensation4.6%4038363635
Cashflow From Investing-15.7%-132.21-114.25-111.41-97.50-91.32
Cashflow From Financing11.1%-314.30-353.43-245.26-133.62-77.32
  Buy Backs-2.4%33133923112064

Risks

What is the probability of a big loss on SANM?

65%


Probability that Sanmina stock will be more than 20% underwater in next one year

38.1%


Probability that Sanmina stock will be more than 30% underwater in next one year.

0%


Probability that Sanmina stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SANM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Sanmina was unfortunately bought at previous high price.

Returns

Cumulative Returns on SANM

21.9%


10-Year Cumulative Returns

16.3%


7-Year Cumulative Returns

13.6%


5-Year Cumulative Returns

27.7%


3-Year Cumulative Returns

What are the long-term rolling returns for SANM?

FIve years rolling returns for Sanmina.

Which funds bought or sold SANM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
971,000
971,000
0.01%
2022-11-22
Capital Impact Advisors, LLC
-
-
502,000
1,220,000
1.22%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
192,000
3,504,000
0.01%
2022-11-21
Integrated Investment Consultants, LLC
-
-
55,000
475,000
0.19%
2022-11-17
CENTRAL TRUST Co
UNCHANGED
-
-
1,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
3.48
65,000
445,000
-%
2022-11-16
GLENMEDE TRUST CO NA
NEW
-
1,556,000
1,556,000
0.01%
2022-11-15
Alpha Paradigm Partners, LLC
SOLD OFF
-100
-603,000
-
-%
2022-11-15
ALLIANCEBERNSTEIN L.P.
REDUCED
-0.25
914,000
8,023,000
-%
2022-11-15
JANE STREET GROUP, LLC
REDUCED
-54.69
-1,213,000
1,275,000
-%

1–10 of 48

Latest Funds Activity

Are funds buying SANM calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own SANM

Sanmina News

Yahoo! Voices

Sheriff's Office: Fatal shooting leaves one dead in Hope Mills.17 hours ago

SANM Fair Value

Sanmina fair value in different scenarios

The table shows the Fair Value estimates for Sanmina for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

36.32

-45.43%

48.20

-27.58%

57.71

-13.30%

77.33

16.18%

94.09

41.36%

Current Inflation

33.55

-49.59%

43.76

-34.25%

51.53

-22.58%

68.07

2.27%

82.12

23.38%

Very High Inflation

30.10

-54.78%

38.36

-42.37%

44.21

-33.58%

57.28

-13.94%

68.31

2.63%

Historical Sanmina Fair Value Estimates


Recent SEC filings of Sanmina

View All Filings
Date Filed Form Type Document
Nov 22, 2022
4
Insider Trading
Nov 18, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 10, 2022
10-K
Annual Report
Nov 07, 2022
8-K
Current Report
Oct 19, 2022
4
Insider Trading
Oct 04, 2022
8-K
Current Report
Sep 27, 2022
8-K
Current Report
Aug 26, 2022
4
Insider Trading

Latest Insider Trading transactions for SANM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-18
SOLA JURE
GIFTED
-
-
-3,075
Chairman and CEO
2022-11-17
REID ALAN McWILLIAMS
SOLD
-212,550
65
-3,270
EVP, Global Human Resources
2022-11-15
SOLA JURE
SOLD
-6,381,970
66.28
-96,288
Chairman and CEO
2022-11-14
SOLA JURE
SOLD
-245,140
66.04
-3,712
Chairman and CEO
2022-11-11
Goldsberry John
SOLD
-566,608
68.58
-8,262
-
2022-11-11
Goldsberry John
ACQUIRED
173,349
24.14
7,181
-
2022-10-17
Adzema Kurt
SOLD FOR TAXES
-725,498
51.67
-14,041
EVP & CFO
2022-08-25
SOLA JURE
ACQUIRED
862,000
8.62
100,000
Chairman and CEO
2022-08-24
SOLA JURE
SOLD
-6,016,470
50.326
-119,550
Chairman and CEO
2022-08-04
Goldsberry John
SOLD
-403,923
49.9287
-8,090
-

1–10 of 50

Jure Sola
35000
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 interconnect systems, such as printed circuit board fabrication, backplane, cable assemblies, and plastic injection moldings; mechanical systems comprising enclosures and precision machining; memory, storage platforms, radio frequency, optical, 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, and cloud solutions industries. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California.

SANM Income Statement

2022-10-01
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Oct. 03, 2020
Net sales$ 7,890,475$ 6,756,643$ 6,960,370
Cost of sales7,249,9616,204,8386,434,663
Gross profit640,514551,805525,707
Operating expenses:   
Selling, general and administrative244,569234,537240,931
Research and development21,34320,91122,564
Restructuring and other11,42515,05727,916
Goodwill, Impairment Loss006,609
Gain on sale of long-lived assets(4,610)00
Total operating expenses272,727270,505298,020
Operating income367,787281,300227,687
Interest income1,6289252,322
Interest expense(22,473)(19,551)(28,903)
Other income (expense), net(26,314)44,331(348)
Interest and other, net(47,159)25,705(26,929)
Income before income taxes320,628307,005200,758
Provision for income taxes64,50738,00761,045
Net income$ 256,121$ 268,998$ 139,713
Net income per share:   
Basic$ 4.18$ 4.12$ 2.02
Diluted$ 4.06$ 4.01$ 1.97
Weighted-average shares used in computing per share amounts:   
Basic61,31065,31869,041
Diluted63,11767,08470,793

SANM Balance Sheet

2022-10-01
Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 01, 2022
Oct. 02, 2021
Current assets:  
Cash and cash equivalents$ 529,857$ 650,026
Accounts receivable, net of allowances of approximately $8 million and $7 million as of October 1, 2022 and October 2, 2021, respectively1,138,8941,192,434
Contract assets503,674348,741
Inventories1,691,0811,036,511
Prepaid expenses and other current assets62,04453,952
Total current assets3,925,5503,281,664
Property, plant and equipment, net575,170532,985
Deferred income tax assets, net198,588235,117
Other160,192156,953
Total assets4,859,5004,206,719
Current liabilities:  
Accounts payable2,029,5341,464,693
Accrued liabilities275,735161,896
Accrued payroll and related benefits130,892117,648
Short-term debt, including current portion of long-term debt17,50018,750
Total current liabilities2,453,6611,762,987
Long-term liabilities:  
Long-term debt329,237311,572
Other215,333253,532
Total long-term liabilities544,570565,104
Commitments and Contingencies (Note 10)
Stockholders' equity:  
Preferred stock, $0.01 par value, authorized 5,000 shares, none issued and outstanding00
Common stock, $0.01 par value, authorized 166,667 shares; 110,160 and 108,734 shares issued and 57,394 and 64,307 shares outstanding as of October 1, 2022 and October 2, 2021, respectively574643
Treasury stock, 52,766 and 44,427 shares as of October 1, 2022 and October 2, 2021, respectively, at cost(1,378,159)(1,047,202)
Additional paid-in capital6,380,7746,338,863
Accumulated other comprehensive income56,32540,690
Accumulated deficit(3,198,245)(3,454,366)
Total stockholders' equity1,861,2691,878,628
Total liabilities and stockholders' equity$ 4,859,500$ 4,206,719