SANMINA CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 62.97 USD | +0.45% |
|
+8.96% | +22.58% |
| Apr. 24 | Nokia: 1st US-compliant products from Sanmina | CF |
| Feb. 26 | Sanmina Insider Sold Shares Worth $522,380, According to a Recent SEC Filing | MT |
Valuation
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,235 | 1,833 | 2,509 | 2,664 | 3,106 | 3,512 | - | - |
| Enterprise Value (EV) 1 | 2,235 | 1,833 | 2,509 | 2,481 | 2,777 | 3,352 | 3,207 | 2,926 |
| P/E ratio | 16.3 x | 13.7 x | 9.61 x | 11.3 x | 10.5 x | 13.8 x | 10.9 x | 9.67 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.27 x | 0.26 x | 0.37 x | 0.34 x | 0.35 x | 0.44 x | 0.4 x | 0.36 x |
| EV / Revenue | 0.27 x | 0.26 x | 0.37 x | 0.31 x | 0.31 x | 0.42 x | 0.36 x | 0.3 x |
| EV / EBITDA | - | 4.52 x | 5.66 x | 4.72 x | 4.35 x | 6.04 x | 5.16 x | 4.25 x |
| EV / FCF | - | - | - | 12.9 x | 61.4 x | 20.2 x | 12.1 x | 9.26 x |
| FCF Yield | - | - | - | 7.75% | 1.63% | 4.96% | 8.27% | 10.8% |
| Price to Book | - | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 69,598 | 67,764 | 65,095 | 57,804 | 57,227 | 55,776 | - | - |
| Reference price 2 | 32.11 | 27.05 | 38.54 | 46.08 | 54.28 | 62.97 | 62.97 | 62.97 |
| Announcement Date | 10/28/19 | 11/10/20 | 11/8/21 | 11/7/22 | 11/6/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 8,234 | 6,960 | 6,757 | 7,890 | 8,935 | 7,901 | 8,831 | 9,778 |
| EBITDA 1 | - | 405.4 | 443.2 | 526 | 638 | 554.8 | 621.1 | 688 |
| EBIT 1 | 333.9 | 291.2 | 333.5 | 417.3 | 519.8 | 435.7 | 502.2 | 556 |
| Operating Margin | 4.06% | 4.18% | 4.94% | 5.29% | 5.82% | 5.51% | 5.69% | 5.69% |
| Earnings before Tax (EBT) 1 | - | - | - | 320.6 | 412.8 | 355.9 | 426.2 | 472 |
| Net income 1 | 141.5 | 139.7 | 269 | 256.1 | 310 | 265.8 | 328 | 363 |
| Net margin | 1.72% | 2.01% | 3.98% | 3.25% | 3.47% | 3.36% | 3.71% | 3.71% |
| EPS 2 | 1.970 | 1.970 | 4.010 | 4.060 | 5.180 | 4.567 | 5.753 | 6.510 |
| Free Cash Flow 1 | - | - | - | 192.2 | 45.21 | 166.2 | 265.2 | 316 |
| FCF margin | - | - | - | 2.44% | 0.51% | 2.1% | 3% | 3.23% |
| FCF Conversion (EBITDA) | - | - | - | 36.54% | 7.09% | 29.95% | 42.7% | 45.93% |
| FCF Conversion (Net income) | - | - | - | 75.05% | 14.59% | 62.5% | 80.87% | 87.05% |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 10/28/19 | 11/10/20 | 11/8/21 | 11/7/22 | 11/6/23 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: September | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,644 | 1,757 | 1,912 | 2,019 | 2,203 | 2,361 | 2,320 | 2,207 | 2,052 | 1,875 | 1,887 | 1,974 | 2,166 | 2,178 | 2,170 |
| EBITDA 1 | 105.8 | 115.8 | 122.8 | 137.3 | 150.1 | 164.8 | 151 | 156 | 148.4 | 133.1 | 132.9 | 137.9 | 150.8 | 150.5 | 154.8 |
| EBIT 1 | 78.34 | 88.36 | 95.25 | 110.2 | 123.4 | 136.2 | 134.9 | 126.1 | 117.9 | 102.4 | 102.7 | 108.1 | 122.5 | 121.1 | 124.8 |
| Operating Margin | 4.77% | 5.03% | 4.98% | 5.46% | 5.6% | 5.77% | 5.81% | 5.71% | 5.74% | 5.46% | 5.44% | 5.48% | 5.65% | 5.56% | 5.75% |
| Earnings before Tax (EBT) 1 | - | 78.94 | 76.3 | 81.77 | 83.62 | 111.3 | 111.1 | 99 | 86.75 | 81.69 | 79.3 | 92.2 | 102.6 | 104.8 | 103 |
| Net income 1 | 56.56 | 58.63 | 53.22 | 79.54 | 64.72 | 88.4 | 79.62 | 76.49 | 61.84 | 57.07 | 61.26 | 66.69 | 77.44 | 78.64 | 79.61 |
| Net margin | 3.44% | 3.34% | 2.78% | 3.94% | 2.94% | 3.74% | 3.43% | 3.47% | 3.01% | 3.04% | 3.25% | 3.38% | 3.58% | 3.61% | 3.67% |
| EPS 2 | 0.8400 | 0.8900 | 0.8300 | 1.290 | 1.080 | 1.480 | 1.330 | 1.280 | 1.040 | 0.9800 | 1.015 | 1.130 | 1.340 | 1.350 | 1.470 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/8/21 | 1/31/22 | 5/2/22 | 8/1/22 | 11/7/22 | 1/30/23 | 5/11/23 | 7/31/23 | 11/6/23 | 1/29/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | - | - | - | 183 | 329 | 160 | 305 | 586 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | - | 192 | 45.2 | 166 | 265 | 316 |
| ROE (net income / shareholders' equity) | - | 13.2% | 15.2% | 16.8% | 15.5% | 13.4% | 14.7% | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - | - | - | - |
| Cash Flow per Share 2 | - | 4.250 | 5.040 | 5.240 | - | 6.920 | 5.800 | - |
| Capex 1 | - | - | - | 139 | 190 | 194 | 240 | 242 |
| Capex / Sales | - | - | - | 1.76% | 2.13% | 2.46% | 2.72% | 2.47% |
| Announcement Date | 10/28/19 | 11/10/20 | 11/8/21 | 11/7/22 | 11/6/23 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
62.97
USD
Average target price
59.1
USD
Spread / Average Target
-6.15%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +22.58% | 3.51B | |
| +21.55% | 72.28B | |
| +48.33% | 65.86B | |
| -4.21% | 34.41B | |
| -16.43% | 28.52B | |
| -7.17% | 14.26B | |
| -13.03% | 9.92B | |
| +5.83% | 9.52B | |
| +71.16% | 8.54B | |
| +3.02% | 7.91B |
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- Financials Sanmina Corporation
