Sanmina Corporation (SANM)
Fair ValueFundamental
63
Price
$155.71
Market Cap
$9.22B
Part 1 · What the company is worth
Overview
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through 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 engaging in the manufacture of components, subassemblies, and complete systems; and direct order fulfilment and logistics services. In addition, the company provides components, such as printed circuit boards, backplane fabrication and backplane assemblies, cable assemblies, fabricated metal parts, precision machined parts, and plastic injected molded parts; memory solutions; storage platforms; optical, radio frequency, and microelectronic solutions; defense and aerospace products, design, manufacturing, repair, and refurbishment services; 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 infrastructure industries. The company was formerly known as Sanmina-SCI Corp. Sanmina Corporation was incorporated in 1980 and is headquartered in San Jose, California.
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Direct competitors
Who this company fights with for the same customers
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No competitor list for this company yet.
Balance Sheet & Liquidity
Revenue
$12.76B
Trailing 12 months (through 6/27/2026)
Net Income
$308M
Trailing 12 months (through 6/27/2026)
Free Cash Flow
$473M
Total Equity
$2.54B
Total Liabilities
$3.32B
Current Ratio
1.78
Interest Coverage
5.61
Debt/EBITDA
5.13
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$174.57
Current Price
$155.71
Margin of Safety
+10.8%
Fair Value Range
$113.47 - $235.66
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
27.86
ROE
9.7%
P/B Ratio
3.02
P/FCF
14.05
Gross Margin
9.0%
ROIC
7.8%
Profitability Radar
Value Creation (Economic Moat)
ROIC
7.8%
WACC
11.1%
ROIC − WACC
-3.3 pp
ROIC is below the cost of capital — the company is destroying value for every dollar invested.
Fundamental Analysis Criteria
Passed (17)
- EPS shows upward trend
- Price CAGR 19.73%
- ROIC 7.8%
- P/FCF 14.05
- Debt/equity ratio
- Positive free cash flow
- Current ratio
- Interest coverage
- Debt/EBITDA
- Return on tangible assets
- Low reliance on intangibles
- ROE 12.6%
- Earnings surprise, average 14.1%
- PEG ratio 1.69
- Earnings quality (operating cash flow / net income) 2.92
- Share dilution -3.1%
- Piotroski F-Score 5/9
Failed (8)
- Gross margin 9.0%
- P/B ratio 3.02
- Operating margin 4.2%
- CapEx intensity
- Price below Graham Number
- DCF valuation (Overvalued)
- Revenue growth 5Y 3.1%
- Net margin trend 2.4% vs 3.2%
Unavailable (1)
- Dividend payout –
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Buying back shares. Shareholder friendly
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Jure Sola | Co-Founder, Executive Chairman & CEO | 74 |
| Mr. Jonathan P. Faust | Executive VP & CFO | 46 |
| Mr. Charles Cudworth Mason Jr. | Executive Vice President of Worldwide Sales | 59 |
| Mr. Alan McWilliams Reid | Executive Vice President of Global Human Resources | 62 |
| Mr. Vishnu Gangaswamy Venkatesh | Senior VP, Global Controller & Chief Accounting Officer | 46 |
| Ms. Paige Melching | Senior Vice President of Investor Communications | - |
| Mr. Christopher K. Sadeghian | VP of Legal, Corporate Secretary & Acting General Counsel | - |
| Mr. Ramakrishna Pillai | President of Components Technology | 65 |
| Mr. Marco Gonzalez Hagelsieb | Chief Operating Officer of Americas IMS | - |
| Mr. Brian P. Casey | Senior VP & Treasurer | 71 |
Audit Risk
5
Board Risk
6
Compensation Risk
5
Shareholder Rights Risk
2
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2025-11-13
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-07-27
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-09-15
via SEC EDGAR
Income History
via SEC EDGAR
Part 2 · The price and its context
This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Market Reaction Profile
How much SANM moves, measured on its daily prices.
More volatile than 91% of the tracked stocks (90-day volatility).
- Volatility 30d
- 64.0%
- Volatility 90d
- 71.6%
- Beta vs S&P 500 (1y)
- 2.56Correlation 0.47
- Max drawdown (12m)
- -45.4%
- ATR (14d, % of price)
- 7.20%
Earnings reactions
How SANM moved around its past quarterly results.
Next earnings release
Nov 9, 2026 · In 16 days · Time not known
EPS estimate: 3.27Revenue estimate: $3.5B
What usually happens
- Over the last 12 releases the stock moved a median of 14.4% the next day, up or down.
- Next-day moves: up 6, down 6 (out of 12).
- Of the 5 releases that beat estimates, the stock fell the next day after 2.
Release history
| Date | When | EPS est. | EPS actual | Surprise | Gap | 1 day | 5 days |
|---|---|---|---|---|---|---|---|
| Jul 27, 2026 | After the close | 2.83 | 3.31 | +17.0% | -11.8% | -17.5% | -7.5% |
| Apr 27, 2026 | After the close | 2.45 | 3.16 | +29.2% | +9.0% | +14.6% | +15.1% |
| Jan 26, 2026 | After the close | 2.17 | 2.38 | +9.5% | -14.0% | -21.6% | -17.6% |
| Nov 3, 2025 | After the close | 1.60 | 1.67 | +4.3% | +6.9% | +16.6% | +24.3% |
| Jul 28, 2025 | After the close | 1.45 | 1.53 | +5.9% | +6.8% | +22.8% | +18.6% |
| Apr 28, 2025 | After the close | n/a | n/a | n/a | -7.0% | -2.1% | -2.3% |
| Jan 27, 2025 | After the close | n/a | n/a | n/a | +4.4% | +3.2% | +4.7% |
| Nov 4, 2024 | After the close | n/a | n/a | n/a | -5.6% | +2.2% | +14.5% |
| Jul 29, 2024 | After the close | n/a | n/a | n/a | -10.1% | -1.9% | -12.2% |
| Apr 29, 2024 | After the close | n/a | n/a | n/a | -10.1% | -5.2% | -0.7% |
| Jan 29, 2024 | After the close | n/a | n/a | n/a | +18.5% | +28.2% | +17.2% |
| Nov 6, 2023 | After the close | n/a | n/a | n/a | -12.9% | -14.3% | -9.7% |
Release dates from SEC 8-K filings.
Updated 10/24/2026
Historical statistics for educational purposes only. They are not forecasts and not investment advice.
Price reaction to the news
Latest news on SANM and what the price did next.
- 4/27/2026PositiveSanmina Stock Surges On Q2 Earnings: What To Know
- +1 day
- +15.0%
- +3 days
- +15.3%
Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.
Latest News
Recent headlines for SANM.
- 4/27/2026POSITIVESanmina Stock Surges On Q2 Earnings: What To Know
Sanmina Corporation (NASDAQ:SANM) experienced a significant surge in its stock price during extended trading following the release of its fiscal second-quarter financial results. While specific earnings figures and revenue details were not provided in the initial report, the positive market reaction indicates that the company's performance likely exceeded analyst expectations or offered a strong forward-looking guidance. Investors are closely watching Sanmina's ability to capitalize on its market position in complex manufacturing solutions, and this stock movement suggests renewed confidence in its growth trajectory and operational execution.