Sanmina Corporation

Company Profile

Sanmina Corporation had its IPO on 1993-04-14 under the ticker symbol SANM.

The company operates in the Technology sector and Electronic Components industry. Sanmina Corporation has a staff strength of 34,000 employees.

Stock update

Shares of Sanmina Corporation opened at $53.05 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $52.12 - $53.28, and closed at $52.29.

This is a -1.73% slip from the previous day's closing price.

A total volume of 253,061 shares were traded at the close of the day’s session.

In the last one week, shares of Sanmina Corporation have slipped by -6.68%.

Sanmina Corporation's Key Ratios

Sanmina Corporation has a market cap of $3.03 billion, indicating a price to book ratio of 1.9278 and a price to sales ratio of 0.4388.

In the last 12-months Sanmina Corporation’s revenue was $9.11 billion with a gross profit of $622.21 million and an EBITDA of $576.96 million. The EBITDA ratio measures Sanmina Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Sanmina Corporation’s operating margin was 5.08% while its return on assets stood at 5.96% with a return of equity of 15.75%.

In Q2, Sanmina Corporation’s quarterly earnings growth was a positive 2.4% while revenue growth was a positive 9.1%.

Sanmina Corporation’s PE and PEG Ratio

Forward PE

10.142

Trailing PE

9.9026

PEG

-8.61

Its diluted EPS in the last 12-months stands at $5.34 per share while it has a forward price to earnings multiple of 10.142 and a PEG multiple of -8.61. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Sanmina Corporation’s profitability.

Sanmina Corporation stock is trading at a EV to sales ratio of 0.4315 and a EV to EBITDA ratio of 7.5353. Its price to sales ratio in the trailing 12-months stood at 0.4388.

Sanmina Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$4.96 billion

Total Liabilities

$2.16 billion

Operating Cash Flow

$-52667000.00

Capital Expenditure

$52.17 million

Dividend Payout Ratio

0%

Sanmina Corporation ended 2024 with $4.96 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.96 billion while shareholder equity stood at $2.27 billion.

Sanmina Corporation ended 2024 with $0 in deferred long-term liabilities, $2.16 billion in other current liabilities, in common stock, $0 in retained earnings and $0 in goodwill. Its cash balance stood at $656.59 million and cash and short-term investments were $656.59 million. The company’s total short-term debt was $17,500,000 while long-term debt stood at $316.55 million.

Sanmina Corporation’s total current assets stands at $3.95 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.74 billion compared to accounts payable of $1.72 billion and inventory worth $1.49 billion.

In 2024, Sanmina Corporation's operating cash flow was $-52667000.00 while its capital expenditure stood at $52.17 million.

Comparatively, Sanmina Corporation paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$52.29

52-Week High

$69.28

52-Week Low

$44.29

Analyst Target Price

$77

Sanmina Corporation stock is currently trading at $52.29 per share. It touched a 52-week high of $69.28 and a 52-week low of $69.28. Analysts tracking the stock have a 12-month average target price of $77.

Its 50-day moving average was $57.11 and 200-day moving average was $57.9 The short ratio stood at 3.3 indicating a short percent outstanding of 0%.

Around 233.4% of the company’s stock are held by insiders while 9480% are held by institutions.