SANMINA CORPORATION |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 60.51 USD | -0.26% |
|
-1.51% | +18.22% |
| Apr. 30 | Craig-Hallum Downgrades Sanmina to Hold From Buy, Price Target is $62 | MT |
| Apr. 29 | Transcript : Sanmina Corporation, Q2 2024 Earnings Call, Apr 29, 2024 |
Valuation
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,235 | 1,833 | 2,509 | 2,664 | 3,106 | 3,384 | - | - |
| Enterprise Value (EV) 1 | 2,235 | 1,833 | 2,509 | 2,481 | 2,777 | 3,258 | 3,114 | 2,798 |
| P/E ratio | 16.3 x | 13.7 x | 9.61 x | 11.3 x | 10.5 x | 14.6 x | 11 x | 9.32 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.27 x | 0.26 x | 0.37 x | 0.34 x | 0.35 x | 0.44 x | 0.39 x | 0.35 x |
| EV / Revenue | 0.27 x | 0.26 x | 0.37 x | 0.31 x | 0.31 x | 0.42 x | 0.36 x | 0.29 x |
| EV / EBITDA | - | 4.52 x | 5.66 x | 4.72 x | 4.35 x | 5.91 x | 5.05 x | 4.07 x |
| EV / FCF | - | - | - | 12.9 x | 61.4 x | 16.3 x | 11.7 x | 8.85 x |
| FCF Yield | - | - | - | 7.75% | 1.63% | 6.12% | 8.52% | 11.3% |
| 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 | 60.67 | 60.67 | 60.67 |
| 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 | 7,735 | 8,733 | 9,778 |
| EBITDA 1 | - | 405.4 | 443.2 | 526 | 638 | 550.9 | 616.1 | 688 |
| EBIT 1 | 333.9 | 291.2 | 333.5 | 417.3 | 519.8 | 427.1 | 497.8 | 556 |
| Operating Margin | 4.06% | 4.18% | 4.94% | 5.29% | 5.82% | 5.52% | 5.7% | 5.69% |
| Earnings before Tax (EBT) 1 | - | - | - | 320.6 | 412.8 | 340.1 | 420.7 | 472 |
| Net income 1 | 141.5 | 139.7 | 269 | 256.1 | 310 | 252.9 | 317.6 | 363 |
| Net margin | 1.72% | 2.01% | 3.98% | 3.25% | 3.47% | 3.27% | 3.64% | 3.71% |
| EPS 2 | 1.970 | 1.970 | 4.010 | 4.060 | 5.180 | 4.150 | 5.507 | 6.510 |
| Free Cash Flow 1 | - | - | - | 192.2 | 45.21 | 199.3 | 265.2 | 316 |
| FCF margin | - | - | - | 2.44% | 0.51% | 2.58% | 3.04% | 3.23% |
| FCF Conversion (EBITDA) | - | - | - | 36.54% | 7.09% | 36.18% | 43.06% | 45.93% |
| FCF Conversion (Net income) | - | - | - | 75.05% | 14.59% | 78.81% | 83.52% | 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 | 1,835 | 1,863 | 2,107 | 2,078 | 2,121 |
| EBITDA 1 | 105.8 | 115.8 | 122.8 | 137.3 | 150.1 | 164.8 | 151 | 156 | 148.4 | 133.1 | 123.3 | 133.6 | 152.5 | 147.2 | 148.3 |
| EBIT 1 | 78.34 | 88.36 | 95.25 | 110.2 | 123.4 | 136.2 | 134.9 | 126.1 | 117.9 | 102.4 | 99.54 | 103.6 | 118.7 | 115.9 | 118.6 |
| Operating Margin | 4.77% | 5.03% | 4.98% | 5.46% | 5.6% | 5.77% | 5.81% | 5.71% | 5.74% | 5.46% | 5.43% | 5.56% | 5.63% | 5.58% | 5.59% |
| Earnings before Tax (EBT) 1 | - | 78.94 | 76.3 | 81.77 | 83.62 | 111.3 | 111.1 | 99 | 86.75 | 81.69 | 74.43 | 77.4 | 106.6 | 99.1 | 100.3 |
| Net income 1 | 56.56 | 58.63 | 53.22 | 79.54 | 64.72 | 88.4 | 79.62 | 76.49 | 61.84 | 57.07 | 52.48 | 57.95 | 76.17 | 73.76 | 74.04 |
| Net margin | 3.44% | 3.34% | 2.78% | 3.94% | 2.94% | 3.74% | 3.43% | 3.47% | 3.01% | 3.04% | 2.86% | 3.11% | 3.61% | 3.55% | 3.49% |
| EPS 2 | 0.8400 | 0.8900 | 0.8300 | 1.290 | 1.080 | 1.480 | 1.330 | 1.280 | 1.040 | 0.9800 | 0.9300 | 0.9500 | 1.295 | 1.240 | 1.250 |
| 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 | 4/29/24 | - | - | - | - |
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 | 126 | 270 | 586 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | - | 192 | 45.2 | 199 | 265 | 316 |
| ROE (net income / shareholders' equity) | - | 13.2% | 15.2% | 16.8% | 15.5% | 13.3% | 14.4% | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - | - | - | - |
| Cash Flow per Share 2 | - | 4.250 | 5.040 | 5.240 | - | 5.660 | 5.940 | - |
| Capex 1 | - | - | - | 139 | 190 | 174 | 240 | 242 |
| Capex / Sales | - | - | - | 1.76% | 2.13% | 2.25% | 2.75% | 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
HOLD
Number of Analysts
4
Last Close Price
60.67
USD
Average target price
59.1
USD
Spread / Average Target
-2.59%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +18.10% | 3.38B | |
| +21.83% | 72.53B | |
| +49.28% | 66.31B | |
| -3.93% | 34.84B | |
| -15.24% | 28.96B | |
| -7.88% | 14.15B | |
| -11.85% | 10.07B | |
| +8.41% | 9.77B | |
| +76.30% | 8.8B | |
| +75.39% | 8.48B |
- Stock Market
- Equities
- SANM Stock
- Financials Sanmina Corporation
