SANMINA CORP (SANM) Stock Fundamental Analysis
USA - NASDAQ:SANM - US8010561020 - Common Stock
133.77 USD
+0.98 (+0.74%)
133.77 USD
0 (0%)
SANM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 123 industry peers in the Electronic Equipment, Instruments & Components industry. While SANM has a great profitability rating, there are some minor concerns on its financial health. SANM has a correct valuation and a medium growth rate.
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.
In the past 5 years SANM always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.96%, SANM is in the better half of the industry, outperforming 70.73% of the companies in the same industry.
SANM has a Return On Equity of 11.30%. This is in the better half of the industry: SANM outperforms 75.61% of its industry peers.
SANM has a Return On Invested Capital of 9.82%. This is amongst the best in the industry. SANM outperforms 82.93% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SANM is in line with the industry average of 9.33%.
| 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
The Profit Margin of SANM (3.22%) is better than 60.98% of its industry peers.
SANM's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 4.70%, SANM is doing good in the industry, outperforming 60.98% of the companies in the same industry.
In the last couple of years the Operating Margin of SANM has grown nicely.
SANM has a Gross Margin of 8.65%. This is amonst the worse of the industry: SANM underperforms 82.93% of its industry peers.
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 less shares outstanding than it did 1 year ago.
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
An Altman-Z score of 3.03 indicates that SANM is not in any danger for bankruptcy at the moment.
SANM has a Altman-Z score (3.03) which is comparable to the rest of the industry.
The Debt to FCF ratio of SANM is 0.84, which is an excellent value as it means it would take SANM, only 0.84 years of fcf income to pay off all of its debts.
SANM has a Debt to FCF ratio of 0.84. This is amongst the best in the industry. SANM outperforms 82.11% 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.
Looking at the Debt to Equity ratio, with a value of 0.13, SANM is in line with its industry, outperforming 52.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.84 | ||
| Altman-Z | 3.03 |
ROIC/WACC1.08
WACC9.12%
2.3 Liquidity
A Current Ratio of 1.91 indicates that SANM should not have too much problems paying its short term obligations.
SANM has a worse Current ratio (1.91) than 63.41% of its industry peers.
SANM has a Quick Ratio of 1.21. This is a normal value and indicates that SANM is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.21, SANM is not doing good in the industry: 69.11% 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 10.25% 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 9.20% yearly.
Looking at the last year, SANM shows a small growth in Revenue. The Revenue has grown by 5.88% in the last year.
The Revenue has been decreasing by -1.67% on average over the past years.
EPS 1Y (TTM)10.25%
EPS 3Y9.97%
EPS 5Y9.2%
EPS Q2Q%22.4%
Revenue 1Y (TTM)5.88%
Revenue growth 3Y3.95%
Revenue growth 5Y-1.67%
Sales Q2Q%10.87%
3.2 Future
SANM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.57% yearly.
Based on estimates for the next years, SANM will show a small growth in Revenue. The Revenue will grow by 7.17% on average per year.
EPS Next Y14.89%
EPS Next 2Y15.6%
EPS Next 3Y15.57%
EPS Next 5YN/A
Revenue Next Year7.73%
Revenue Next 2Y7.53%
Revenue Next 3Y7.17%
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
SANM is valuated rather expensively with a Price/Earnings ratio of 23.02.
Based on the Price/Earnings ratio, SANM is valued a bit cheaper than 76.42% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.91. SANM is around the same levels.
SANM is valuated rather expensively with a Price/Forward Earnings ratio of 18.96.
78.86% of the companies in the same industry are more expensive than SANM, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of SANM to the average of the S&P500 Index (22.92), we can say SANM is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.02 | ||
| Fwd PE | 18.96 |
4.2 Price Multiples
80.49% of the companies in the same industry are more expensive than SANM, based on the Enterprise Value to EBITDA ratio.
SANM's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SANM is cheaper than 86.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.58 | ||
| EV/EBITDA | 13.16 |
4.3 Compensation for Growth
The 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 15.57% in the coming years.
PEG (NY)1.55
PEG (5Y)2.5
EPS Next 2Y15.6%
EPS Next 3Y15.57%
5. Dividend
5.1 Amount
SANM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
133.77
+0.98 (+0.74%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners102.33%
Inst Owner Change-0.02%
Ins Owners3.16%
Ins Owner Change-0.17%
Market Cap7.13B
Revenue(TTM)8.05B
Net Income(TTM)259.21M
Analysts80
Price Target128.86 (-3.67%)
Short Float %5.46%
Short Ratio3.78
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)0%
PT rev (3m)14.85%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.28%
EPS NY rev (1m)0%
EPS NY rev (3m)1.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.02 | ||
| Fwd PE | 18.96 | ||
| P/S | 0.89 | ||
| P/FCF | 19.58 | ||
| P/OCF | 15.05 | ||
| P/B | 3.11 | ||
| P/tB | 3.11 | ||
| EV/EBITDA | 13.16 |
EPS(TTM)5.81
EY4.34%
EPS(NY)7.06
Fwd EY5.27%
FCF(TTM)6.83
FCFY5.11%
OCF(TTM)8.89
OCFY6.64%
SpS151.08
BVpS43.05
TBVpS43.05
PEG (NY)1.55
PEG (5Y)2.5
Graham Number75.01
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 | 3.03 |
F-Score7
WACC9.12%
ROIC/WACC1.08
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)10.25%
EPS 3Y9.97%
EPS 5Y9.2%
EPS Q2Q%22.4%
EPS Next Y14.89%
EPS Next 2Y15.6%
EPS Next 3Y15.57%
EPS Next 5YN/A
Revenue 1Y (TTM)5.88%
Revenue growth 3Y3.95%
Revenue growth 5Y-1.67%
Sales Q2Q%10.87%
Revenue Next Year7.73%
Revenue Next 2Y7.53%
Revenue Next 3Y7.17%
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 6 / 10 to SANM.
What is the valuation status for SANM stock?
ChartMill assigns a valuation rating of 5 / 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 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 14.89% in the next year.