Back to rankings

Sanmina Corporation (SANM)

NEUTRAL
TechnologyElectronic ComponentsUnited States

Fundamental

63

Price

$189.40

Market Cap

$9.86B

Part 1 · What the company is worth

Overview

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through 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 engaging in the manufacture of components, subassemblies, and complete systems; and direct order fulfilment and logistics services. In addition, the company provides components, such as printed circuit boards, backplane fabrication and backplane assemblies, cable assemblies, fabricated metal parts, precision machined parts, and plastic injected molded parts; memory solutions; storage platforms; optical, radio frequency, and microelectronic solutions; defense and aerospace products, design, manufacturing, repair, and refurbishment services; 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 infrastructure industries. The company was formerly known as Sanmina-SCI Corp. Sanmina Corporation was incorporated in 1980 and is headquartered in San Jose, California.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

Balance Sheet & Liquidity

Revenue

$12.76B

Trailing 12 months (through 6/27/2026)

Net Income

$308M

Trailing 12 months (through 6/27/2026)

Free Cash Flow

$473M

Total Equity

$2.54B

Total Liabilities

$3.32B

Current Ratio

1.78

Interest Coverage

5.61

Debt/EBITDA

5.13

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

Fairly Valued

Fair Value

$172.89

Current Price

$189.40

Margin of Safety

-9.5%

Fair Value Range

$112.38 - $233.41

Estimation Methods

Analyst Target:$260.00
DCF:$177.65
PE-based:$76.48
Graham Growth:$216.05
EPV:$56.31
Analyst Consensus:Buy (8B / 5H / 0S)
Last Earnings Surprise:+16.98%

Valuation Metrics

P/E Ratio

33.17

ROE

9.7%

P/B Ratio

3.60

P/FCF

16.73

Gross Margin

9.0%

ROIC

7.8%

Profitability Radar

Value Creation (Economic Moat)

ROIC

7.8%

WACC

11.2%

ROIC − WACC

-3.4 pp

ROIC is below the cost of capital — the company is destroying value for every dollar invested.

Fundamental Analysis Criteria

Passed (17)

  • EPS shows upward trend
  • Price CAGR 17.82%
  • ROIC 7.8%
  • P/FCF 16.73
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • Low reliance on intangibles
  • ROE 12.6%
  • Analyst Consensus 62% Buy
  • Earnings Surprise avg 15.0%
  • Earnings Quality (OCF/NI) 2.92
  • Share Dilution -3.1%
  • Piotroski F-Score 5/9

Failed (9)

  • Gross Margin 9.0%
  • P/B Ratio 3.60
  • Operating Margin 4.2%
  • CapEx intensity
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Revenue Growth 5Y 3.1%
  • PEG Ratio 2.07
  • Net Margin Trend 2.4% vs 3.2%

Unavailable (1)

  • Dividend Payout NaN%

Piotroski F-Score

5/9

Mixed signals: some areas need attention

score
criteria

Earnings Quality

2.92

High quality: earnings backed by cash

Share Dilution

-3.1%

Buying back shares. Shareholder friendly

Governance

Executive Team

NameTitleAge
Mr. Jure SolaCo-Founder, Executive Chairman & CEO74
Mr. Jonathan P. FaustExecutive VP & CFO46
Mr. Charles Cudworth Mason Jr.Executive Vice President of Worldwide Sales59
Mr. Alan McWilliams ReidExecutive Vice President of Global Human Resources62
Mr. Vishnu Gangaswamy VenkateshSenior VP, Global Controller & Chief Accounting Officer46
Ms. Paige MelchingSenior Vice President of Investor Communications-
Mr. Christopher K. SadeghianVP of Legal, Corporate Secretary & Acting General Counsel-
Mr. Ramakrishna PillaiPresident of Components Technology65
Mr. Marco Gonzalez HagelsiebChief Operating Officer of Americas IMS-
Mr. Brian P. CaseySenior VP & Treasurer71

Audit Risk

5

Board Risk

6

Compensation Risk

5

Shareholder Rights Risk

2

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Latest News

Recent headlines for SANM, sourced from Markets Gazette.

  • 4/27/2026POSITIVE
    Sanmina Stock Surges On Q2 Earnings: What To Know

    Sanmina Corporation (NASDAQ:SANM) experienced a significant surge in its stock price during extended trading following the release of its fiscal second-quarter financial results. While specific earnings figures and revenue details were not provided in the initial report, the positive market reaction indicates that the company's performance likely exceeded analyst expectations or offered a strong forward-looking guidance. Investors are closely watching Sanmina's ability to capitalize on its market position in complex manufacturing solutions, and this stock movement suggests renewed confidence in its growth trajectory and operational execution.

via Markets Gazette