SANMINA CORP (SANM) Fundamental Analysis & Valuation

NASDAQ:SANM • US8010561020

126.88 USD
+2.67 (+2.15%)
At close: Mar 11, 2026
126.88 USD
0 (0%)
After Hours: 3/11/2026, 8:24:20 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This SANM fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to SANM. SANM was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. SANM has an excellent profitability rating, but there are some minor concerns on its financial health. SANM is growing strongly while it also seems undervalued. This is an interesting combination


Dividend Valuation Growth Profitability Health

7

1. SANM Profitability Analysis

1.1 Basic Checks

  • In the past year SANM was profitable.
  • In the past year SANM had a positive cash flow from operations.
  • SANM had positive earnings in each of the past 5 years.
  • SANM had a positive operating cash flow in each of the past 5 years.
SANM Yearly Net Income VS EBIT VS OCF VS FCFSANM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 2.35%, SANM is in the better half of the industry, outperforming 60.48% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 9.31%, SANM is in the better half of the industry, outperforming 69.35% of the companies in the same industry.
  • SANM's Return On Invested Capital of 6.25% is fine compared to the rest of the industry. SANM outperforms 65.32% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for SANM is in line with the industry average of 8.67%.
  • The last Return On Invested Capital (6.25%) for SANM is well below the 3 year average (10.55%), which needs to be investigated, but indicates that SANM had better years and this may not be a problem.
Industry RankSector Rank
ROA 2.35%
ROE 9.31%
ROIC 6.25%
ROA(3y)5.06%
ROA(5y)5.22%
ROE(3y)11.62%
ROE(5y)12.27%
ROIC(3y)10.55%
ROIC(5y)10.34%
SANM Yearly ROA, ROE, ROICSANM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5 10

1.3 Margins

  • SANM has a better Profit Margin (2.47%) than 61.29% of its industry peers.
  • In the last couple of years the Profit Margin of SANM has grown nicely.
  • With a decent Operating Margin value of 4.54%, SANM is doing good in the industry, outperforming 60.48% of the companies in the same industry.
  • SANM's Operating Margin has improved in the last couple of years.
  • The Gross Margin of SANM (8.49%) is worse than 82.26% of its industry peers.
  • In the last couple of years the Gross Margin of SANM has grown nicely.
Industry RankSector Rank
OM 4.54%
PM (TTM) 2.47%
GM 8.49%
OM growth 3Y2.64%
OM growth 5Y5.16%
PM growth 3Y-0.06%
PM growth 5Y8.5%
GM growth 3Y3.92%
GM growth 5Y3.12%
SANM Yearly Profit, Operating, Gross MarginsSANM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2 4 6 8

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. SANM Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SANM is creating some value.
  • Compared to 1 year ago, SANM has less shares outstanding
  • Compared to 5 years ago, SANM has less shares outstanding
  • SANM has a better debt/assets ratio than last year.
SANM Yearly Shares OutstandingSANM Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
SANM Yearly Total Debt VS Total AssetsSANM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

2.2 Solvency

  • Based on the Altman-Z score of 1.71, we must say that SANM is in the distress zone and has some risk of bankruptcy.
  • SANM's Altman-Z score of 1.71 is on the low side compared to the rest of the industry. SANM is outperformed by 69.35% of its industry peers.
  • SANM has a debt to FCF ratio of 4.19. This is a neutral value as SANM would need 4.19 years to pay back of all of its debts.
  • The Debt to FCF ratio of SANM (4.19) is better than 66.13% of its industry peers.
  • SANM has a Debt/Equity ratio of 0.81. This is a neutral value indicating SANM is somewhat dependend on debt financing.
  • SANM's Debt to Equity ratio of 0.81 is on the low side compared to the rest of the industry. SANM is outperformed by 83.87% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.81
Debt/FCF 4.19
Altman-Z 1.71
ROIC/WACC0.7
WACC8.97%
SANM Yearly LT Debt VS Equity VS FCFSANM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

2.3 Liquidity

  • A Current Ratio of 1.70 indicates that SANM should not have too much problems paying its short term obligations.
  • SANM has a worse Current ratio (1.70) than 68.55% of its industry peers.
  • SANM has a Quick Ratio of 1.04. This is a normal value and indicates that SANM is financially healthy and should not expect problems in meeting its short term obligations.
  • SANM has a Quick ratio of 1.04. This is in the lower half of the industry: SANM underperforms 78.23% of its industry peers.
Industry RankSector Rank
Current Ratio 1.7
Quick Ratio 1.04
SANM Yearly Current Assets VS Current LiabilitesSANM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. SANM Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 28.97% over the past year.
  • Measured over the past years, SANM shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.53% on average per year.
  • Looking at the last year, SANM shows a very strong growth in Revenue. The Revenue has grown by 20.93%.
  • The Revenue has been growing slightly by 3.15% on average over the past years.
EPS 1Y (TTM)28.97%
EPS 3Y6.42%
EPS 5Y14.53%
EPS Q2Q%65.28%
Revenue 1Y (TTM)20.93%
Revenue growth 3Y0.87%
Revenue growth 5Y3.15%
Sales Q2Q%58.98%

3.2 Future

  • The Earnings Per Share is expected to grow by 41.40% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, SANM will show a very strong growth in Revenue. The Revenue will grow by 39.90% on average per year.
EPS Next Y69.52%
EPS Next 2Y41.4%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year73.36%
Revenue Next 2Y39.9%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
SANM Yearly Revenue VS EstimatesSANM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 5B 10B 15B
SANM Yearly EPS VS EstimatesSANM Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6 8 10

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Find the best growth stocksShow best growing peers

8

4. SANM Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 18.15 indicates a rather expensive valuation of SANM.
  • 80.65% of the companies in the same industry are more expensive than SANM, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 26.15. SANM is valued slightly cheaper when compared to this.
  • The Price/Forward Earnings ratio is 10.49, which indicates a very decent valuation of SANM.
  • Based on the Price/Forward Earnings ratio, SANM is valued cheaply inside the industry as 90.32% of the companies are valued more expensively.
  • SANM's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.27.
Industry RankSector Rank
PE 18.15
Fwd PE 10.49
SANM Price Earnings VS Forward Price EarningsSANM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, SANM is valued a bit cheaper than 75.00% of the companies in the same industry.
  • SANM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SANM is cheaper than 87.90% of the companies in the same industry.
Industry RankSector Rank
P/FCF 13.37
EV/EBITDA 13.97
SANM Per share dataSANM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100 150

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of SANM may justify a higher PE ratio.
  • SANM's earnings are expected to grow with 41.40% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.26
PEG (5Y)1.25
EPS Next 2Y41.4%
EPS Next 3YN/A

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. SANM Dividend Analysis

5.1 Amount

  • No dividends for SANM!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

SANM Fundamentals: All Metrics, Ratios and Statistics

SANMINA CORP

NASDAQ:SANM (3/11/2026, 8:24:20 PM)

After market: 126.88 0 (0%)

126.88

+2.67 (+2.15%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)01-26
Earnings (Next)04-27
Inst Owners100.51%
Inst Owner Change-1.51%
Ins Owners3.07%
Ins Owner Change1.75%
Market Cap6.93B
Revenue(TTM)9.31B
Net Income(TTM)230.18M
Analysts80
Price Target210.8 (66.14%)
Short Float %5.91%
Short Ratio3.8
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.91%
Min EPS beat(2)4.28%
Max EPS beat(2)9.55%
EPS beat(4)4
Avg EPS beat(4)5.03%
Min EPS beat(4)0.41%
Max EPS beat(4)9.55%
EPS beat(8)7
Avg EPS beat(8)3.57%
EPS beat(12)9
Avg EPS beat(12)1.91%
EPS beat(16)13
Avg EPS beat(16)4.33%
Revenue beat(2)1
Avg Revenue beat(2)0.8%
Min Revenue beat(2)-0.08%
Max Revenue beat(2)1.68%
Revenue beat(4)2
Avg Revenue beat(4)0.39%
Min Revenue beat(4)-0.99%
Max Revenue beat(4)1.68%
Revenue beat(8)3
Avg Revenue beat(8)-0.51%
Revenue beat(12)4
Avg Revenue beat(12)-1.26%
Revenue beat(16)8
Avg Revenue beat(16)0.83%
PT rev (1m)0%
PT rev (3m)9.73%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.43%
EPS NY rev (1m)0%
EPS NY rev (3m)5.98%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.94%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.12%
Valuation
Industry RankSector Rank
PE 18.15
Fwd PE 10.49
P/S 0.74
P/FCF 13.37
P/OCF 9.42
P/B 2.8
P/tB 3.2
EV/EBITDA 13.97
EPS(TTM)6.99
EY5.51%
EPS(NY)12.1
Fwd EY9.53%
FCF(TTM)9.49
FCFY7.48%
OCF(TTM)13.47
OCFY10.62%
SpS170.54
BVpS45.3
TBVpS39.69
PEG (NY)0.26
PEG (5Y)1.25
Graham Number84.41
Profitability
Industry RankSector Rank
ROA 2.35%
ROE 9.31%
ROCE 8.15%
ROIC 6.25%
ROICexc 8.59%
ROICexgc 9.35%
OM 4.54%
PM (TTM) 2.47%
GM 8.49%
FCFM 5.57%
ROA(3y)5.06%
ROA(5y)5.22%
ROE(3y)11.62%
ROE(5y)12.27%
ROIC(3y)10.55%
ROIC(5y)10.34%
ROICexc(3y)14.13%
ROICexc(5y)13.77%
ROICexgc(3y)14.13%
ROICexgc(5y)13.77%
ROCE(3y)13.76%
ROCE(5y)13.48%
ROICexgc growth 3Y-1.19%
ROICexgc growth 5Y4.73%
ROICexc growth 3Y-1.19%
ROICexc growth 5Y4.73%
OM growth 3Y2.64%
OM growth 5Y5.16%
PM growth 3Y-0.06%
PM growth 5Y8.5%
GM growth 3Y3.92%
GM growth 5Y3.12%
F-Score5
Asset Turnover0.95
Health
Industry RankSector Rank
Debt/Equity 0.81
Debt/FCF 4.19
Debt/EBITDA 3.64
Cap/Depr 170.75%
Cap/Sales 2.33%
Interest Coverage 16.62
Cash Conversion 133.77%
Profit Quality 225.19%
Current Ratio 1.7
Quick Ratio 1.04
Altman-Z 1.71
F-Score5
WACC8.97%
ROIC/WACC0.7
Cap/Depr(3y)125.38%
Cap/Depr(5y)114.07%
Cap/Sales(3y)1.81%
Cap/Sales(5y)1.65%
Profit Quality(3y)103.17%
Profit Quality(5y)99.13%
High Growth Momentum
Growth
EPS 1Y (TTM)28.97%
EPS 3Y6.42%
EPS 5Y14.53%
EPS Q2Q%65.28%
EPS Next Y69.52%
EPS Next 2Y41.4%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)20.93%
Revenue growth 3Y0.87%
Revenue growth 5Y3.15%
Sales Q2Q%58.98%
Revenue Next Year73.36%
Revenue Next 2Y39.9%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y22.15%
EBIT growth 3Y3.53%
EBIT growth 5Y8.48%
EBIT Next Year120.55%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y282.51%
FCF growth 3Y35.02%
FCF growth 5Y15.07%
OCF growth 1Y126.97%
OCF growth 3Y23.33%
OCF growth 5Y15.6%

SANMINA CORP / SANM FAQ

What is the ChartMill fundamental rating of SANMINA CORP (SANM) stock?

ChartMill assigns a fundamental rating of 6 / 10 to SANM.


What is the valuation status of SANMINA CORP (SANM) stock?

ChartMill assigns a valuation rating of 8 / 10 to SANMINA CORP (SANM). This can be considered as Undervalued.


How profitable is SANMINA CORP (SANM) stock?

SANMINA CORP (SANM) has a profitability rating of 7 / 10.


How financially healthy is SANMINA CORP?

The financial health rating of SANMINA CORP (SANM) is 4 / 10.


What is the earnings growth outlook for SANMINA CORP?

The Earnings per Share (EPS) of SANMINA CORP (SANM) is expected to grow by 69.52% in the next year.