Sanmina Financials

SANM Stock  USD 82.97  0.41  0.50%   
Based on the key measurements obtained from Sanmina's financial statements, Sanmina is performing exceptionally good at this time. It has a great probability to report excellent financial results in February. At this time, Sanmina's Other Current Assets are very stable compared to the past year. As of the 18th of January 2025, Other Stockholder Equity is likely to grow to about 4.2 B, while Short and Long Term Debt Total is likely to drop about 271.3 M. Key indicators impacting Sanmina's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.140.1459
Sufficiently Down
Slightly volatile
Operating Income405.1 M385.8 M
Sufficiently Up
Slightly volatile
Current Ratio2.571.908
Significantly Up
Slightly volatile
The essential information of the day-to-day investment outlook for Sanmina includes many different criteria found on its balance sheet. An individual investor should monitor Sanmina's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Sanmina.

Net Income

268.71 Million

  

Sanmina Earnings Geography

Sanmina Stock Summary

Sanmina competes with Benchmark Electronics, Methode Electronics, OSI Systems, Celestica, and Plexus Corp. Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California. Sanmina Corp operates under Electronic Components classification in the United States and is traded on NASDAQ Exchange. It employs 32000 people.
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS8010561020
CUSIP801056102 800907206 800907107
LocationCalifornia; U.S.A
Business Address2700 North First
SectorElectronic Equipment, Instruments & Components
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.sanmina.com
Phone408 964 3500
CurrencyUSD - US Dollar

Sanmina Key Financial Ratios

Sanmina Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets4.2B4.9B4.9B4.8B5.5B3.7B
Other Current Liab279.5M208.0M394.6M196.7M226.2M236.5M
Net Debt(319.7M)(183.1M)(329.3M)(308.5M)(277.7M)(263.8M)
Retained Earnings(3.5B)(3.2B)(2.9B)(2.7B)(2.4B)(2.6B)
Accounts Payable1.5B2.0B1.6B1.5B1.7B997.3M
Cash650.0M529.9M667.6M625.9M719.7M550.5M
Net Receivables1.5B1.6B1.7B1.7B2.0B995.7M
Inventory1.0B1.7B1.5B1.4B1.7B1.7B
Other Current Assets69.5M62.0M58.2M79.3M91.2M95.7M
Total Liab2.3B3.0B2.6B2.4B2.7B2.2B
Total Current Assets3.3B3.9B3.9B3.9B4.5B2.6B
Common Stock643K574K568K539K485.1K460.8K
Other Liab232.9M233.9M253.5M215.3M247.6M152.5M
Other Assets341.4M392.1M358.8M(107.9M)(124.1M)(117.9M)
Long Term Debt311.6M329.2M312.3M299.8M269.8M256.3M
Treasury Stock(804.1M)(983.1M)(1.0B)(1.4B)(1.2B)(1.2B)
Net Tangible Assets1.6B1.6B1.9B1.9B2.1B1.6B
Long Term Debt Total347.0M329.2M311.6M329.2M296.3M370.0M
Capital Surpluse6.3B6.3B6.3B6.4B7.3B6.8B

Sanmina Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense19.6M22.5M36.3M29.2M33.6M49.6M
Total Revenue6.8B7.9B8.9B7.6B8.7B6.2B
Gross Profit551.8M640.5M743.2M640.4M736.5M453.2M
Operating Income281.3M367.8M455.7M335.5M385.8M405.1M
Ebit271.0M367.8M461.7M346.7M398.7M227.6M
Ebitda380.6M458.7M579.9M469.1M539.5M303.7M
Cost Of Revenue6.2B7.2B8.2B6.9B8.0B5.8B
Income Before Tax307.0M320.6M412.8M317.5M365.2M383.4M
Net Income249.5M240.4M310.0M222.5M255.9M268.7M
Income Tax Expense38.0M64.5M85.3M79.8M91.8M96.3M
Research Development20.9M21.3M26.4M28.5M32.8M28.0M
Tax Provision38.0M64.5M85.3M79.8M91.8M56.8M
Interest Income925K1.6M13.6M12.4M11.2M11.8M
Net Interest Income(18.6M)(20.8M)(22.7M)(16.7M)(19.3M)(20.2M)

Sanmina Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory(167.2M)(663.4M)210.2M35.7M32.1M33.7M
Change In Cash169.5M(120.2M)(392.1M)(41.7M)(37.5M)(35.7M)
Free Cash Flow266.1M200.6M45.2M231.0M265.7M136.0M
Depreciation109.7M108.8M118.2M122.4M140.8M108.9M
Other Non Cash Items(24.6M)10.1M1.8M(1.1M)(1.0M)(954.2K)
Capital Expenditures72.2M130.2M190.0M109.2M125.6M93.4M
Net Income269.0M256.1M327.5M237.8M273.4M287.1M
End Period Cash Flow650.0M529.9M137.7M625.9M719.7M532.7M
Change To Netincome87.7M48.0M44.1M81.4M93.7M98.3M
Net Borrowings(218.4M)(39.0M)(18.8M)13.9M16.0M16.8M
Investments(2.7M)(2M)(192.5M)(114.4M)(103.0M)(108.1M)

Sanmina Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Sanmina's current stock value. Our valuation model uses many indicators to compare Sanmina value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sanmina competition to find correlations between indicators driving Sanmina's intrinsic value. More Info.
Sanmina is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.44  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sanmina is roughly  2.25 . At this time, Sanmina's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Sanmina by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Sanmina Systematic Risk

Sanmina's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sanmina volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Sanmina correlated with the market. If Beta is less than 0 Sanmina generally moves in the opposite direction as compared to the market. If Sanmina Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sanmina is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sanmina is generally in the same direction as the market. If Beta > 1 Sanmina moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Sanmina Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sanmina's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Sanmina growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.29

At this time, Sanmina's Price Earnings To Growth Ratio is very stable compared to the past year.

Sanmina January 18, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Sanmina help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sanmina. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sanmina based on widely used predictive technical indicators. In general, we focus on analyzing Sanmina Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sanmina's daily price indicators and compare them against related drivers.
When determining whether Sanmina is a strong investment it is important to analyze Sanmina's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sanmina's future performance. For an informed investment choice regarding Sanmina Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanmina. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sanmina. If investors know Sanmina will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sanmina listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.05
Earnings Share
3.93
Revenue Per Share
136.141
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0451
The market value of Sanmina is measured differently than its book value, which is the value of Sanmina that is recorded on the company's balance sheet. Investors also form their own opinion of Sanmina's value that differs from its market value or its book value, called intrinsic value, which is Sanmina's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sanmina's market value can be influenced by many factors that don't directly affect Sanmina's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sanmina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sanmina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sanmina's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.