Stock Analysis
Sanmina CorpSANM
P/E 30.56×· 5Y range 8.48–60.24×· top 17% of history
Sector: Technology · Industry: Printed Circuit Boards
AnalystsBuy13 analystsP/E 30.6× sits at the 83rd percentile of its 5.059548254620124-year history.
Cash covers 76% of debt · Q3 2026.
PMP Verdict
Mixed fundamentals, expensive valuation
Strengths
- Quality90
- Financial Health74
Risks
- Valuation65
- Growth37
Mixed fundamentals at a demanding price.
Market context
-6.9% today· Z 2.1σ
Bull Case
- ✓Interest coverage 9.8× — debt well covered
What's happening with SANM
Profile
Strong earnings quality; growth and profitability lag behind.
How is each axis scored?
- Valuation65/100 · Moderate
- P/E vs own history (83th pct)0/25
- FCF yield (6.3%)20/25
- P/S (0.7x)25/25
- EV/EBIT (14.9x)20/25
- Growth37/100 · Weak
- Revenue CAGR (4.7%)6/25
- Net income CAGR (-2.2%)0/25
- EPS CAGR 5Y (2.7%)6/25
- Fwd implied growth (95.8%)25/25
- Profitability43/100 · Weak
- ROIC (15.9%)20/25
- ROE (11.2%)12/25
- Net margin (2.4%)6/25
- Operating margin (5.3%)5/25
- Financial Health74/100 · Moderate
- Altman Z (2.21)18/25
- Current ratio (1.78)18/25
- Interest coverage (9.8x)18/25
- Net cash / debt (D/A 6%)20/25
- Quality90/100 · Strong
- Piotroski F (6/9)15/25
- Beneish M (-2.62)25/25
- FCF conversion (193%)25/25
- Margin stability (σ 1.0%)25/25
- Moat50/100 · Moderate
- ROIC >12% years (7/9 yrs)20/25
- Median gross margin (8.1%)0/25
- FCF-positive years (9/9 yrs)25/25
- Worst-year net margin (worst -1.3%)5/25
Risk Flags
- ⚠P/E 30.6× at top 17% of 5-year history
About Sanmina Corp
Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense, and aerospace end markets. Show more
The operations are managed as two businesses: Integrated Manufacturing Solutions, which consists of printed circuit board assembly and represents a majority of the firm's revenue; and Components, Products, and Services, which includes interconnect systems and mechanical systems. The firm generates revenue mainly in the United States, China, and Mexico, but has a presence around the world.
Headquarters: SAN JOSE, CA · Employees: 39,000 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
65BP/E (TTM)30.6xC
Grade C: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 8.5x–60.2x · 83rd pct
P/FCF16.7xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield6.3%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 1.0%–11.1% · 70th pct
P/S (TTM)0.74xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 0.3x–1.4x · 77th pct
EV/EBIT14.9xB
Grade B: FairEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 5.1x–40.1x · 76th pct
EV/Sales0.8xA
Grade A: CheapEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E15.6xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio3.41xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio1.11B
Grade B: FairFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
43D+ROIC15.9%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE11.2%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA3.5%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin2.4%D
Grade D: LowNet Income / Revenue
Operating Margin5.3%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin9.0%D
Grade D: LowGross Profit / Revenue
FCF Margin4.7%D
Grade D: LowFCF / Revenue
True FCF Margin4.0%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
37DRevenue CAGR4.7%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-2.2%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)2.7%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth95.8%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-20.1%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income28.8%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.7%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
74B+Altman Z-Score2.21C
Grade C: Gray zoneBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.78xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio1.00xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage9.8xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment1.0yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT0.9xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.88xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.76xC
Grade C: PartialCash covers how much of total debt. >1 = could repay all debt from cash
Quality
90A+Piotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.62A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion192.8%A
Grade A: StrongFCF / Net Income
Margin Stability1.0%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue2.4%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover1.46xA
Grade A: HighRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Johnson Susan A Filed | Johnson Susan A | SellOpen market sale | -120 | |
Johnson Susan A Filed | Johnson Susan A | SellOpen market sale | -120 | |
Faust Jonathan P Filed | Faust Jonathan P | SellOpen market sale | -5038 | |
Faust Jonathan P Filed | Faust Jonathan P | SellOpen market sale | -5038 | |
REID ALAN McWILLIAMS Filed | REID ALAN McWILLIAMS | SellOpen market sale | -5000 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
REID ALAN McWILLIAMS Filed | REID ALAN McWILLIAMS | SellOpen market sale | -1000 | |
SOLA JURE Filed | SOLA JURE | SellOpen market sale | -118368 | |
REID ALAN McWILLIAMS Filed | REID ALAN McWILLIAMS | SellOpen market sale | -1000 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
50CROIC >12% Years7/9 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)8.1%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years9/9 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor-1.3%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$5.75
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$34.42
Cash & short-term investments per share (Finnhub)
Book Value / Share$47.76
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$2.43B
Total debt obligations (short + long term)
Cash & Equiv.$1.85B
Cash and short-term investments
Net Debt$579.62M
Total Debt minus Cash. Negative = Net Cash position
Total Equity$2.76B
Shareholders' equity (book value)
Asset / Liability1.40xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$9.42B
Current Market Capitalization
Beta1.70C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Sanmina Corp (SANM)
SANM is down 6.92% at the last close. Piotroski F-Score of 6/9 indicates mixed fundamentals for Sanmina Corp. Altman Z-Score of 2.21 falls in the grey zone (1.81–2.99) — financial distress is unlikely but not ruled out.
- Beneish M-Score of -2.62 suggests a low likelihood of earnings manipulation.
- Takes ~1.0 years to repay net debt from free cash flow.
- Sanmina Corp posted a net loss in 1 of 9 available completed fiscal years (2017–2025).
See how SANM ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all SANM moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 16 | After-hours | 175.75 | -6.88% | -2.08 |
| Oct 14 | Regular | 195.63 | -7.63% | -3.17 |
| Oct 14 | After-hours | 192.55 | -9.08% | -3.78 |
| Sep 21 | Regular | 208.69 | +4.58% | 3.05 |
| Sep 21 | After-hours | 209.47 | +4.97% | 3.31 |
Frequently Asked Questions about SANM
What is the current Sanmina Corp (SANM) stock price?
SANM is trading at $175.67 at the last market close, down 6.92% on the session. PreMarketPrice tracks SANM pre-market, intraday and after-hours prices.
Is SANM stock a buy right now?
PreMarketPrice's quantitative model rates Sanmina Corp's financial health at 74/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is SANM stock overvalued?
Sanmina Corp trades at a trailing P/E of 30.6 and our valuation score rates it 65/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Sanmina Corp report earnings?
No confirmed earnings date is currently scheduled for SANM. The Earnings section lists recent reports and updates as dates are announced.
What sector does Sanmina Corp operate in?
Sanmina Corp operates in the Technology sector, within the Printed Circuit Boards industry. The Related Stocks section lists sector peers for comparison.
What does Sanmina Corp do?
Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense, and aerospace end markets.
About Sanmina Corp (SANM) Stock
Sanmina Corp (SANM) is a US-listed stock operating in the Technology sector, specifically the Printed Circuit Boards industry. As of the latest update, Sanmina Corp is trading at $175.67, down 6.92% on the day with a market capitalization of $9.4 billion. The financial health score for SANM is 74/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for SANM stock.
SANM Stock Analysis & Key Metrics
On PreMarketPrice, you can track Sanmina Corp (SANM) across multiple dimensions:
- Pre-market price & movement: Real-time SANM stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for SANM with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Sanmina Corp across multiple reporting periods.
- Financial health score: A composite score of 74/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for SANM.
- Sector peers: Compare SANM against 6 other technology stocks on key financial metrics.
Is SANM a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Sanmina Corp (SANM) as an investment. The financial health score of 74/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Sanmina Corp (SANM) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.