SANMINA CORP (SANM) Stock Fundamental Analysis
USA - NASDAQ:SANM - US8010561020 - Common Stock
177.76 USD
+14.18 (+8.67%)
177.76 USD
0 (0%)
Taking everything into account, SANM scores 4 out of 10 in our fundamental rating. SANM was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. SANM has only an average score on both its financial health and profitability. SANM has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year SANM was profitable.
SANM had a positive operating cash flow in the past year.
Of the past 5 years SANM 4 years were profitable.
Of the past 5 years SANM 4 years had a positive operating cash flow.
1.2 Ratios
SANM's Return On Assets of 4.96% is fine compared to the rest of the industry. SANM outperforms 70.97% of its industry peers.
Looking at the Return On Equity, with a value of 11.30%, SANM is in the better half of the industry, outperforming 75.81% of the companies in the same industry.
SANM has a Return On Invested Capital of 9.82%. This is amongst the best in the industry. SANM outperforms 83.87% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SANM is in line with the industry average of 9.51%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.96% | ||
| ROE | 11.3% | ||
| ROIC | 9.82% |
ROA(3y)5.31%
ROA(5y)5.12%
ROE(3y)12.54%
ROE(5y)11.9%
ROIC(3y)11.14%
ROIC(5y)10.2%
1.3 Margins
SANM has a better Profit Margin (3.22%) than 61.29% of its industry peers.
In the last couple of years the Profit Margin of SANM has grown nicely.
SANM has a better Operating Margin (4.70%) than 61.29% of its industry peers.
SANM's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 8.65%, SANM is not doing good in the industry: 83.06% of the companies in the same industry are doing better.
SANM's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.7% | ||
| PM (TTM) | 3.22% | ||
| GM | 8.65% |
OM growth 3Y4.33%
OM growth 5Y4.63%
PM growth 3Y-7.46%
PM growth 5Y11.26%
GM growth 3Y2.72%
GM growth 5Y3.31%
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.
SANM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 3.37 indicates that SANM is not in any danger for bankruptcy at the moment.
SANM has a Altman-Z score (3.37) which is in line with its industry peers.
SANM has a debt to FCF ratio of 0.84. This is a very positive value and a sign of high solvency as it would only need 0.84 years to pay back of all of its debts.
SANM has a better Debt to FCF ratio (0.84) than 82.26% of its industry peers.
SANM has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
SANM has a Debt to Equity ratio (0.13) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.84 | ||
| Altman-Z | 3.37 |
ROIC/WACC1.07
WACC9.2%
2.3 Liquidity
A Current Ratio of 1.91 indicates that SANM should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.91, SANM is doing worse than 62.90% of the companies in the same industry.
A Quick Ratio of 1.21 indicates that SANM should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.21, SANM is not doing good in the industry: 68.55% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.91 | ||
| Quick Ratio | 1.21 |
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.
EPS 1Y (TTM)14.58%
EPS 3Y6.42%
EPS 5Y14.53%
EPS Q2Q%16.78%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 29.38 indicates a quite expensive valuation of SANM.
Compared to the rest of the industry, the Price/Earnings ratio of SANM indicates a somewhat cheap valuation: SANM is cheaper than 66.94% of the companies listed in the same industry.
SANM is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.13, which is the current average of the S&P500 Index.
SANM is valuated quite expensively with a Price/Forward Earnings ratio of 25.19.
SANM's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SANM is cheaper than 62.90% of the companies in the same industry.
SANM is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.35, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.38 | ||
| Fwd PE | 25.19 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SANM indicates a somewhat cheap valuation: SANM is cheaper than 69.35% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SANM indicates a somewhat cheap valuation: SANM is cheaper than 77.42% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.02 | ||
| EV/EBITDA | 16.44 |
4.3 Compensation for Growth
SANM's 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)1.77
PEG (5Y)2.02
EPS Next 2Y16.06%
EPS Next 3YN/A
5. Dividend
5.1 Amount
SANM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
177.76
+14.18 (+8.67%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners102.33%
Inst Owner Change1.8%
Ins Owners3.16%
Ins Owner Change-0.17%
Market Cap9.47B
Revenue(TTM)N/A
Net Income(TTM)259.21M
Analysts80
Price Target165.58 (-6.85%)
Short Float %5.49%
Short Ratio3.8
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)3.15%
Min EPS beat(2)0.41%
Max EPS beat(2)5.88%
EPS beat(4)4
Avg EPS beat(4)3.19%
Min EPS beat(4)0.41%
Max EPS beat(4)5.88%
EPS beat(8)6
Avg EPS beat(8)1.2%
EPS beat(12)9
Avg EPS beat(12)2.54%
EPS beat(16)12
Avg EPS beat(16)3.8%
Revenue beat(2)1
Avg Revenue beat(2)-0.01%
Min Revenue beat(2)-0.99%
Max Revenue beat(2)0.97%
Revenue beat(4)2
Avg Revenue beat(4)0.11%
Min Revenue beat(4)-0.99%
Max Revenue beat(4)1.08%
Revenue beat(8)2
Avg Revenue beat(8)-1.74%
Revenue beat(12)5
Avg Revenue beat(12)-0.07%
Revenue beat(16)8
Avg Revenue beat(16)0.58%
PT rev (1m)28.5%
PT rev (3m)47.58%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.21%
EPS NY rev (1m)0%
EPS NY rev (3m)1.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.38 | ||
| Fwd PE | 25.19 | ||
| P/S | 1.18 | ||
| P/FCF | 26.02 | ||
| P/OCF | 20 | ||
| P/B | 4.13 | ||
| P/tB | 4.13 | ||
| EV/EBITDA | 16.44 |
EPS(TTM)6.05
EY3.4%
EPS(NY)7.06
Fwd EY3.97%
FCF(TTM)6.83
FCFY3.84%
OCF(TTM)8.89
OCFY5%
SpS151.08
BVpS43.05
TBVpS43.05
PEG (NY)1.77
PEG (5Y)2.02
Graham Number76.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.96% | ||
| ROE | 11.3% | ||
| ROCE | 12.73% | ||
| ROIC | 9.82% | ||
| ROICexc | 13.42% | ||
| ROICexgc | 13.42% | ||
| OM | 4.7% | ||
| PM (TTM) | 3.22% | ||
| GM | 8.65% | ||
| FCFM | 4.52% |
ROA(3y)5.31%
ROA(5y)5.12%
ROE(3y)12.54%
ROE(5y)11.9%
ROIC(3y)11.14%
ROIC(5y)10.2%
ROICexc(3y)14.4%
ROICexc(5y)13.26%
ROICexgc(3y)14.4%
ROICexgc(5y)13.26%
ROCE(3y)14.44%
ROCE(5y)13.22%
ROICexgc growth 3Y0.47%
ROICexgc growth 5Y-1.86%
ROICexc growth 3Y0.47%
ROICexc growth 5Y-1.86%
OM growth 3Y4.33%
OM growth 5Y4.63%
PM growth 3Y-7.46%
PM growth 5Y11.26%
GM growth 3Y2.72%
GM growth 5Y3.31%
F-Score7
Asset Turnover1.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.84 | ||
| Debt/EBITDA | 0.57 | ||
| Cap/Depr | 90.16% | ||
| Cap/Sales | 1.36% | ||
| Interest Coverage | 22.55 | ||
| Cash Conversion | 94.67% | ||
| Profit Quality | 140.4% | ||
| Current Ratio | 1.91 | ||
| Quick Ratio | 1.21 | ||
| Altman-Z | 3.37 |
F-Score7
WACC9.2%
ROIC/WACC1.07
Cap/Depr(3y)126.73%
Cap/Depr(5y)100.96%
Cap/Sales(3y)1.79%
Cap/Sales(5y)1.48%
Profit Quality(3y)65.72%
Profit Quality(5y)94.15%
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)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%3.91%
Revenue Next Year7.32%
Revenue Next 2Y6.88%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y6.13%
EBIT growth 3Y8.46%
EBIT growth 5Y2.88%
EBIT Next Year44.94%
EBIT Next 3Y13.17%
EBIT Next 5YN/A
FCF growth 1Y837.98%
FCF growth 3Y-4.75%
FCF growth 5Y-1.61%
OCF growth 1Y97.11%
OCF growth 3Y0.19%
OCF growth 5Y-2.34%
SANMINA CORP / SANM FAQ
What is the ChartMill fundamental rating of SANMINA CORP (SANM) stock?
ChartMill assigns a fundamental rating of 4 / 10 to SANM.
What is the valuation status for SANM stock?
ChartMill assigns a valuation rating of 4 / 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 6 / 10.
Can you provide the financial health for SANM stock?
The financial health rating of SANMINA CORP (SANM) is 5 / 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.