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SANMINA CORP SANM

Nasdaq · stock · Printed Circuit Boards · website · IPO 1993-04-14 · LEI

SANMINA CORP statistics & valuation

Market cap$12.7B
P / E51.6×
P / S1.6×
P / B5.0×
P / FCF26.8×
Net margin3.0%
Return on equity9.7%
FCF margin5.8%
Net cash$625.8M
Net debt / EBITDA-1.3×
Enterprise value USD$12.1B
EV / EBITDA25.4×
Earnings yield EBIT/EV2.9%
Return on capital11.7%
Graham number -67.5%$67.95

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($67.95); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
2.90% 2.00% -1.30% 1.70% 2.00% 3.70% 3.00% 3.50% 2.90% 3.00% 2016201720182019202020212022202320242025
Gross margin (%)
7.90% 7.60% 6.50% 7.20% 7.60% 7.80% 7.90% 8.30% 8.50% 8.80% 2016201720182019202020212022202320242025
Operating margin (%)
3.50% 3.30% 1.70% 3.50% 3.30% 3.80% 4.40% 5.10% 4.40% 4.40% 2016201720182019202020212022202320242025
Return on equity (%)
11.70% 8.40% -6.50% 8.60% 8.60% 13.30% 12.90% 13.40% 9.40% 9.70% 2016201720182019202020212022202320242025
Shares outstanding
78.8M 78.1M 69.8M 71.7M 70.8M 67.1M 63.1M 59.8M 57.0M 55.2M 2016201720182019202020212022202320242025
Net debt ($)
$39.2M -$11.8M -$26.9M -$69.4M -$132.5M -$338.5M -$200.6M -$355.2M -$326.0M -$625.8M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
5.20% 3.60% -2.30% 3.60% 3.70% 5.90% 5.00% 6.40% 4.60% 4.20% 2016201720182019202020212022202320242025
Free cash flow margin (%)
4.20% 2.00% 0.50% 3.00% 3.40% 3.90% 2.40% 0.50% 3.00% 5.80% 2016201720182019202020212022202320242025
Debt / equity (×)
0.27× 0.24× 0.27× 0.23× 0.21× 0.17× 0.18× 0.13× 0.13× 0.12× 2016201720182019202020212022202320242025
EPS ($)
$2.38 $1.78 -$1.37 $1.97 $1.97 $3.72 $3.81 $5.18 $3.91 $4.46 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

SANMINA CORP trades at about 46.8× earnings — above its 10-year norm (10-year range 4.7×–30.7×, median 14.7×).

4.7× 46.8×

Shaded band = 10-year range (4.7×–30.7×); dot = today's 46.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin8.8%8.5%8.3%7.9%7.8%7.6%7.2%6.5%7.6%7.9%
Operating margin4.4%4.4%5.1%4.4%3.8%3.3%3.5%1.7%3.3%3.5%
Net margin3.0%2.9%3.5%3.0%3.7%2.0%1.7%-1.3%2.0%2.9%
FCF margin5.8%3.0%0.5%2.4%3.9%3.4%3.0%0.5%2.0%4.2%
Return on assets4.2%4.6%6.4%5.0%5.9%3.7%3.6%-2.3%3.6%5.2%
Return on equity9.7%9.4%13.4%12.9%13.3%8.6%8.6%-6.5%8.4%11.7%
Debt / equity0.12×0.13×0.13×0.18×0.17×0.21×0.23×0.27×0.24×0.27×
Current ratio1.721.991.911.571.861.851.741.261.621.70

Computed from company filings · US · as of 2025-09-27. Facts plus Stocktoria's own computed scores — not investment advice.