0.15%
11.46%
20.31%
11.96%
40.99%
123.00%
164.89%
AI Spotlight on SANM
Company Description
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide.It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services.The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engages in the manufacturing of components, subassemblies, and complete systems.
In addition, the company provides interconnect systems, such as printed circuit board fabrication, backplane, cable assemblies, and plastic injection moldings; mechanical systems comprising enclosures and precision machining; memory, storage platforms, radio frequency, optical, and microelectronic solutions; defense and aerospace products; and cloud-based manufacturing execution software.It offers its products and services primarily to original equipment manufacturers in the industrial, medical, defense and aerospace, automotive, communications networks, and cloud solutions industries.Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California.
Market Data
| Last Price | 84.34 |
| Change Percentage | 0.15% |
| Open | 83.8 |
| Previous Close | 84.21 |
| Market Cap ( Millions) | 4582 |
| Volume | 146801 |
| Year High | 86.05 |
| Year Low | 57.29 |
| M A 50 | 79.17 |
| M A 200 | 70.64 |
Financial Ratios
| FCF Yield | 4.06% |
| Dividend Yield | 0.00% |
| ROE | 8.25% |
| Debt / Equity | 7.27% |
| Net Debt / EBIDTA | -75.61% |
| Price To Book | 1.06 |
| Price Earnings Ratio | 19.83 |
| Price To FCF | 24.61 |
| Price To sales | 0.59 |
| EV / EBITDA | 9.76 |
News
- Jan -28 - Sanmina Corporation Q1: I Have Some Concerns Regarding Its Short-Term Outlook
- Jan -28 - Sanmina: A Speculative Bet On Cloud, Cash, And Capital Discipline
- Jan -28 - Sanmina Corporation (SANM) Q1 2025 Earnings Call Transcript
- Jan -27 - Sanmina (SANM) Beats Q1 Earnings and Revenue Estimates
- Jan -27 - Sanmina Reports First Quarter Fiscal 2025 Financial Results
- Jan -16 - SANMINA CORPORATION INVITES YOU TO JOIN ITS FIRST QUARTER FISCAL 2025 EARNINGS CONFERENCE CALL
- Nov -05 - Sanmina Corporation (SANM) Q4 2024 Earnings Call Transcript
- Nov -04 - Sanmina (SANM) Q4 Earnings and Revenues Top Estimates
- Nov -04 - Sanmina Reports Fourth Quarter and Fiscal 2024 Financial Results
- Oct -28 - SANMINA CORPORATION INVITES YOU TO JOIN ITS FOURTH QUARTER AND FISCAL YEAR 2024 EARNINGS CONFERENCE CALL
- Oct -08 - Sanmina Announces the Launch of 42Q Connected Manufacturing, Real-Time Visibility to Distributed Manufacturing Immediately Available
- Sep -24 - Dialight plunges as it reviews jury verdict over Sanmina trial
- Aug -07 - Viking Enterprise Solutions WINS PRESTIGIOUS BEST OF SHOW AI/ML AWARD AT FMS: THE FUTURE OF MEMORY AND STORAGE
- Jul -30 - Sanmina Corporation (SANM) Q3 2024 Earnings Call Transcript
- Jul -29 - Sanmina (SANM) Misses Q3 Earnings and Revenue Estimates
- Jul -29 - Sanmina's Third Quarter Fiscal 2024 Financial Results
- Jul -19 - SANMINA CORPORATION INVITES YOU TO JOIN ITS THIRD QUARTER FISCAL 2024 EARNINGS CONFERENCE CALL
- Jun -13 - 42Q Launches Advanced Chatbot Powered by Amazon Bedrock, Redefining Customer Interaction and Manufacturing Automation
- May -20 - Russell Investments Group Ltd. Purchases 579 Shares of Sanmina Co. (NASDAQ:SANM)
- May -17 - 3 Breakout Stocks to Transform $5,000 Into $50,000
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Integrated Manufacturing Solutions
Expected Growth : 8 %
What the company do ?
Integrated Manufacturing Solutions from Sanmina Corporation offers a comprehensive suite of services, including design, manufacturing, and logistics, to support the entire product lifecycle.
Why we expect these perspectives ?
Sanmina's Integrated Manufacturing Solutions' 8% growth is driven by increasing demand for complex electronics, growing adoption of IoT and 5G technologies, and expansion into new markets such as healthcare and aerospace. Additionally, the company's focus on operational efficiency, supply chain optimization, and strategic acquisitions contribute to its growth momentum.
Segment n°2 -> Components, Products and Services
Expected Growth : 6 %
What the company do ?
Sanmina Corporation's Components include printed circuit boards and backplanes, Products feature servers, storage systems, and networking equipment, and Services encompass manufacturing, logistics, and repair solutions.
Why we expect these perspectives ?
Sanmina Corporation's 6% growth is driven by its Components segment, led by increasing demand for complex PCBs and optical components. The Products segment benefits from growing sales of storage and networking equipment. The Services segment is fueled by rising demand for electronics manufacturing services, particularly in the industrial, medical, and automotive markets.
Segment n°3 -> Intersegment Revenue
Expected Growth : 5 %
What the company do ?
Intersegment Revenue from Sanmina Corporation refers to the elimination of revenue generated from transactions between its reportable segments, ensuring accurate financial reporting.
Why we expect these perspectives ?
Sanmina Corporation's 5% intersegment revenue growth is driven by increasing demand for electronic manufacturing services in the industrial, medical, and automotive sectors. Additionally, the company's strategic acquisitions, expanded manufacturing capabilities, and cost savings initiatives have contributed to the growth. Furthermore, the rising trend of outsourcing manufacturing services and the need for supply chain optimization have also fueled the segment's revenue growth.
Sanmina Corporation Products
| Product Range | What is it ? |
|---|---|
| Printed Circuit Boards (PCBs) | Sanmina designs and manufactures complex printed circuit boards for various industries, including automotive, industrial, medical, and aerospace. |
| Backplane Assemblies | Sanmina designs and manufactures custom backplane assemblies for high-performance computing, data storage, and networking applications. |
| Cable Assemblies | Sanmina designs and manufactures custom cable assemblies for various industries, including automotive, industrial, medical, and aerospace. |
| Optical and Photonics | Sanmina designs and manufactures optical and photonic components, including optical transceivers, optical engines, and optical interconnects. |
| Mechanical Systems | Sanmina designs and manufactures custom mechanical systems, including enclosures, chassis, and thermal management solutions. |
| Electromechanical Assemblies | Sanmina designs and manufactures custom electromechanical assemblies, including power supplies, fans, and other components. |
| Design and Engineering Services | Sanmina offers design and engineering services, including product design, prototyping, and testing. |
| Manufacturing and Test Services | Sanmina offers manufacturing and test services, including PCB assembly, box build, and functional testing. |
Sanmina Corporation's Porter Forces
Threat Of Substitutes
Sanmina Corporation operates in the electronics manufacturing services (EMS) industry, which is characterized by a moderate threat of substitutes. While there are some substitutes available, such as original design manufacturers (ODMs) and contract manufacturers, they are not a significant threat to Sanmina's business.
Bargaining Power Of Customers
Sanmina Corporation's customers, such as Cisco Systems, Hewlett Packard Enterprise, and IBM, have significant bargaining power due to their large size and purchasing power. This gives them the ability to negotiate prices and terms, which can negatively impact Sanmina's profitability.
Bargaining Power Of Suppliers
Sanmina Corporation's suppliers, such as component manufacturers, have limited bargaining power due to the company's large scale and global presence. This gives Sanmina the ability to negotiate favorable prices and terms with its suppliers.
Threat Of New Entrants
The threat of new entrants in the EMS industry is low due to the high barriers to entry, including the need for significant capital investment, specialized equipment, and a skilled workforce. This makes it difficult for new companies to enter the market and compete with established players like Sanmina.
Intensity Of Rivalry
The EMS industry is highly competitive, with several large players competing for market share. Sanmina Corporation faces intense competition from companies like Flex, Jabil, and Celestica, which can lead to pricing pressure and reduced profitability.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 12.73% |
| Debt Cost | 8.98% |
| Equity Weight | 87.27% |
| Equity Cost | 8.98% |
| WACC | 8.98% |
| Leverage | 14.59% |
Sanmina Corporation : Quality Control
Sanmina Corporation passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| TDY | Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets in the United States, Canada, the United Kingdom, Belgium, the Netherlands, and internationally. The company's Instrumentation segment offers monitoring and … |
| LFUS | Littelfuse, Inc. manufactures and sells circuit protection, power control, and sensing products in the Asia-Pacific, the Americas, and Europe. The company's Electronics segment offers fuses and fuse accessories, positive temperature … |
| PLXS | Plexus Corp., together with its subsidiaries, provides electronic manufacturing services in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It offers design and development, supply chain, new product … |
| VNT | Vontier Corporation engages in the research and development, manufacture, sale, and distribution of technical equipment, components, software, and services for manufacturing, repairing, and servicing in the mobility infrastructure industry worldwide. … |
| ESE | ESCO Technologies Inc. produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through Aerospace & Defense, Utility Solutions Group, and RF Shielding and Test … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Sanmina
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Teledyne Technologies
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ESCO Technologies
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4
Littelfuse
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5
Plexus
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1-Year Total Return ->
6
