160.63 USD
-16 (-9.06%)
160 USD
-0.63 (-0.39%)
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. While SANM belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. An interesting combination arises when we look at growth and value: SANM is growing strongly while it also seems undervalued. This makes SANM very considerable for value and growth investing!
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.
SANM had positive earnings in each of the past 5 years.
Each year in the past 5 years SANM had a positive operating cash flow.
1.2 Ratios
SANM has a better Return On Assets (4.20%) than 67.20% of its industry peers.
SANM has a Return On Equity of 10.45%. This is in the better half of the industry: SANM outperforms 72.00% of its industry peers.
SANM has a better Return On Invested Capital (9.97%) than 84.00% of its industry peers.
SANM had an Average Return On Invested Capital over the past 3 years of 10.55%. This is in line with the industry average of 9.28%.
| 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
The Profit Margin of SANM (3.03%) is better than 61.60% of its industry peers.
SANM's Profit Margin has improved in the last couple of years.
SANM's Operating Margin of 4.86% is fine compared to the rest of the industry. SANM outperforms 62.40% of its industry peers.
SANM's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 8.81%, SANM is doing worse than 84.00% of the companies in the same industry.
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
SANM has less shares outstanding than it did 5 years ago.
The debt/assets ratio for SANM has been reduced compared to a year ago.
2.2 Solvency
SANM has an Altman-Z score of 2.94. 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 (2.94) 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.
SANM's Debt to FCF ratio of 0.63 is amongst the best of the industry. SANM outperforms 83.20% of its industry peers.
A Debt/Equity ratio of 0.12 indicates that SANM is not too dependend on debt financing.
The Debt to Equity ratio of SANM (0.12) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.63 | ||
| Altman-Z | 2.94 |
ROIC/WACC1.12
WACC8.93%
2.3 Liquidity
SANM has a Current Ratio of 1.72. 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 worse Current ratio (1.72) than 68.00% of its industry peers.
SANM has a Quick Ratio of 1.02. 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 1.02. This is in the lower half of the industry: SANM underperforms 79.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 14.58% over the past year.
SANM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.53% yearly.
SANM shows a small growth in Revenue. In the last year, the Revenue has grown by 7.40%.
Measured over the past years, SANM shows a small growth in Revenue. The Revenue has been growing by 3.15% on average per year.
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
Based on estimates for the next years, SANM will show a very strong growth in Earnings Per Share. The EPS will grow by 38.62% on average per year.
SANM is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 39.83% yearly.
EPS Next Y59.95%
EPS Next 2Y38.62%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year73.15%
Revenue Next 2Y39.83%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 26.55, the valuation of SANM can be described as expensive.
Based on the Price/Earnings ratio, SANM is valued a bit cheaper than 66.40% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.56, SANM is valued at the same level.
With a Price/Forward Earnings ratio of 16.60, SANM is valued correctly.
81.60% of the companies in the same industry are more expensive than SANM, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.79. SANM is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.55 | ||
| Fwd PE | 16.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SANM is valued a bit cheaper than the industry average as 70.40% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, SANM is valued cheaply inside the industry as 84.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.52 | ||
| EV/EBITDA | 15.82 |
4.3 Compensation for Growth
SANM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SANM has a very decent profitability rating, which may justify a higher PE ratio.
SANM's earnings are expected to grow with 38.62% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.44
PEG (5Y)1.83
EPS Next 2Y38.62%
EPS Next 3YN/A
5. Dividend
5.1 Amount
SANM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
160.63
-16 (-9.06%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners101.88%
Inst Owner Change2.33%
Ins Owners3.06%
Ins Owner Change-0.03%
Market Cap8.76B
Revenue(TTM)8.13B
Net Income(TTM)245.89M
Analysts80
Price Target192.1 (19.59%)
Short Float %4.86%
Short Ratio3.16
Dividend
| Industry Rank | Sector 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)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)16.02%
PT rev (3m)49.08%
EPS NQ rev (1m)0%
EPS NQ rev (3m)30.14%
EPS NY rev (1m)37.15%
EPS NY rev (3m)37.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)44.83%
Revenue NY rev (1m)61.34%
Revenue NY rev (3m)61.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.55 | ||
| Fwd PE | 16.6 | ||
| P/S | 1.08 | ||
| P/FCF | 18.52 | ||
| P/OCF | 14.12 | ||
| P/B | 3.72 | ||
| P/tB | 3.72 | ||
| EV/EBITDA | 15.82 |
EPS(TTM)6.05
EY3.77%
EPS(NY)9.68
Fwd EY6.02%
FCF(TTM)8.67
FCFY5.4%
OCF(TTM)11.38
OCFY7.08%
SpS148.98
BVpS43.14
TBVpS43.14
PEG (NY)0.44
PEG (5Y)1.83
Graham Number76.63
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 | 2.94 |
F-Score6
WACC8.93%
ROIC/WACC1.12
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 Y59.95%
EPS Next 2Y38.62%
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 Year73.15%
Revenue Next 2Y39.83%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y14.27%
EBIT growth 3Y3.53%
EBIT growth 5Y8.48%
EBIT Next Year120.55%
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 7 / 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.
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 59.95% in the next year.