154.32 USD
+0.61 (+0.4%)
154.32 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to SANM. SANM was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. SANM scores excellent on profitability, but there are some minor concerns on its financial health. SANM has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
SANM had positive earnings in the past year.
SANM had a positive operating cash flow in the past year.
In the past 5 years SANM has always been profitable.
SANM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 4.20%, SANM is doing good in the industry, outperforming 65.85% of the companies in the same industry.
With a decent Return On Equity value of 10.45%, SANM is doing good in the industry, outperforming 72.36% of the companies in the same industry.
SANM's Return On Invested Capital of 9.97% is amongst the best of the industry. SANM outperforms 83.74% 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 9.11%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.2% | ||
| ROE | 10.45% | ||
| ROIC | 9.97% |
ROA(3y)5.06%
ROA(5y)5.22%
ROE(3y)11.62%
ROE(5y)12.27%
ROIC(3y)10.55%
ROIC(5y)10.34%
1.3 Margins
SANM's Profit Margin of 3.03% is fine compared to the rest of the industry. SANM outperforms 60.98% of its industry peers.
In the last couple of years the Profit Margin of SANM has grown nicely.
SANM has a Operating Margin of 4.86%. This is in the better half of the industry: SANM outperforms 62.60% of its industry peers.
SANM's Operating Margin has improved in the last couple of years.
SANM's Gross Margin of 8.81% is on the low side compared to the rest of the industry. SANM is outperformed by 83.74% of its industry peers.
In the last couple of years the Gross Margin of SANM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.86% | ||
| PM (TTM) | 3.03% | ||
| GM | 8.81% |
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%
2. Health
2.1 Basic Checks
SANM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, SANM has less shares outstanding
Compared to 5 years ago, SANM has less shares outstanding
Compared to 1 year ago, SANM has an improved debt to assets ratio.
2.2 Solvency
SANM has an Altman-Z score of 2.84. This is not the best score and indicates that SANM is in the grey zone with still only limited risk for bankruptcy at the moment.
SANM has a Altman-Z score (2.84) which is comparable to the rest of the industry.
SANM has a debt to FCF ratio of 0.63. This is a very positive value and a sign of high solvency as it would only need 0.63 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.63, SANM belongs to the top of the industry, outperforming 82.11% of the companies in the same industry.
SANM has a Debt/Equity ratio of 0.12. This is a healthy value indicating a solid balance between debt and equity.
SANM has a Debt to Equity ratio (0.12) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.63 | ||
| Altman-Z | 2.84 |
ROIC/WACC1.09
WACC9.17%
2.3 Liquidity
A Current Ratio of 1.72 indicates that SANM should not have too much problems paying its short term obligations.
SANM has a Current ratio of 1.72. This is in the lower half of the industry: SANM underperforms 67.48% of its industry peers.
A Quick Ratio of 1.02 indicates that SANM should not have too much problems paying its short term obligations.
SANM's Quick ratio of 1.02 is on the low side compared to the rest of the industry. SANM is outperformed by 77.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
SANM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.58%, which is quite good.
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.
The Revenue has been growing slightly by 7.40% in the past year.
The Revenue has been growing slightly by 3.15% on average over the past years.
EPS 1Y (TTM)14.58%
EPS 3Y6.42%
EPS 5Y14.53%
EPS Q2Q%16.78%
Revenue 1Y (TTM)7.4%
Revenue growth 3Y0.87%
Revenue growth 5Y3.15%
Sales Q2Q%3.91%
3.2 Future
The Earnings Per Share is expected to grow by 16.06% on average over the next years. This is quite good.
Based on estimates for the next years, SANM will show a small growth in Revenue. The Revenue will grow by 6.88% on average per year.
EPS Next Y16.63%
EPS Next 2Y16.06%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.32%
Revenue Next 2Y6.88%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
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.
4. Valuation
4.1 Price/Earnings Ratio
SANM is valuated quite expensively with a Price/Earnings ratio of 25.51.
Based on the Price/Earnings ratio, SANM is valued a bit cheaper than the industry average as 65.85% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of SANM to the average of the S&P500 Index (25.98), we can say SANM is valued inline with the index average.
The Price/Forward Earnings ratio is 21.87, which indicates a rather expensive current valuation of SANM.
Based on the Price/Forward Earnings ratio, SANM is valued a bit cheaper than the industry average as 64.23% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 35.79. SANM is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.51 | ||
| Fwd PE | 21.87 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SANM is valued a bit cheaper than 69.92% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SANM is valued cheaply inside the industry as 84.55% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.37 | ||
| EV/EBITDA | 14.7 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
SANM has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as SANM's earnings are expected to grow with 16.06% in the coming years.
PEG (NY)1.53
PEG (5Y)1.76
EPS Next 2Y16.06%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for SANM!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
154.32
+0.61 (+0.4%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners102.33%
Inst Owner Change2.32%
Ins Owners3.16%
Ins Owner Change-0.05%
Market Cap8.22B
Revenue(TTM)8.13B
Net Income(TTM)245.89M
Analysts80
Price Target192.1 (24.48%)
Short Float %5.14%
Short Ratio3.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)5.08%
Min EPS beat(2)4.28%
Max EPS beat(2)5.88%
EPS beat(4)4
Avg EPS beat(4)3.53%
Min EPS beat(4)0.41%
Max EPS beat(4)5.88%
EPS beat(8)7
Avg EPS beat(8)2.9%
EPS beat(12)9
Avg EPS beat(12)2.04%
EPS beat(16)13
Avg EPS beat(16)4.44%
Revenue beat(2)1
Avg Revenue beat(2)0.45%
Min Revenue beat(2)-0.08%
Max Revenue beat(2)0.97%
Revenue beat(4)1
Avg Revenue beat(4)-0.18%
Min Revenue beat(4)-0.99%
Max Revenue beat(4)0.97%
Revenue beat(8)2
Avg Revenue beat(8)-0.93%
Revenue beat(12)4
Avg Revenue beat(12)-0.78%
Revenue beat(16)8
Avg Revenue beat(16)0.98%
PT rev (1m)49.08%
PT rev (3m)61.89%
EPS NQ rev (1m)30.14%
EPS NQ rev (3m)30.14%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)44.83%
Revenue NQ rev (3m)44.83%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.51 | ||
| Fwd PE | 21.87 | ||
| P/S | 1.01 | ||
| P/FCF | 17.37 | ||
| P/OCF | 13.25 | ||
| P/B | 3.49 | ||
| P/tB | 3.49 | ||
| EV/EBITDA | 14.7 |
EPS(TTM)6.05
EY3.92%
EPS(NY)7.06
Fwd EY4.57%
FCF(TTM)8.88
FCFY5.76%
OCF(TTM)11.65
OCFY7.55%
SpS152.56
BVpS44.18
TBVpS44.18
PEG (NY)1.53
PEG (5Y)1.76
Graham Number77.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.2% | ||
| ROE | 10.45% | ||
| ROCE | 13.01% | ||
| ROIC | 9.97% | ||
| ROICexc | 14.35% | ||
| ROICexgc | 14.35% | ||
| OM | 4.86% | ||
| PM (TTM) | 3.03% | ||
| GM | 8.81% | ||
| FCFM | 5.82% |
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-Score6
Asset Turnover1.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.63 | ||
| Debt/EBITDA | 0.55 | ||
| Cap/Depr | 123.35% | ||
| Cap/Sales | 1.81% | ||
| Interest Coverage | 23.82 | ||
| Cash Conversion | 120.63% | ||
| Profit Quality | 192.48% | ||
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | 2.84 |
F-Score6
WACC9.17%
ROIC/WACC1.09
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)14.58%
EPS 3Y6.42%
EPS 5Y14.53%
EPS Q2Q%16.78%
EPS Next Y16.63%
EPS Next 2Y16.06%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)7.4%
Revenue growth 3Y0.87%
Revenue growth 5Y3.15%
Sales Q2Q%3.91%
Revenue Next Year7.32%
Revenue Next 2Y6.88%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y14.27%
EBIT growth 3Y3.53%
EBIT growth 5Y8.48%
EBIT Next Year39.33%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y106.69%
FCF growth 3Y35.02%
FCF growth 5Y15.07%
OCF growth 1Y82.43%
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 for SANM stock?
ChartMill assigns a valuation rating of 5 / 10 to SANMINA CORP (SANM). This can be considered as Fairly Valued.
How profitable is SANMINA CORP (SANM) stock?
SANMINA CORP (SANM) has a profitability rating of 7 / 10.
Can you provide the financial health for SANM stock?
The financial health rating of SANMINA CORP (SANM) is 6 / 10.
What is the expected EPS growth for SANMINA CORP (SANM) stock?
The Earnings per Share (EPS) of SANMINA CORP (SANM) is expected to grow by 16.63% in the next year.