# Sanmina Corporation (SANM) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Electronic Equipment, Instruments & Components. Price $198.47, market value $10.6 billion.

## Valuation
- **P/E (trailing): 35.4×** (5-yr avg 15.3×, 3-yr avg 17.9×). Sanmina Corporation trades at 35.4× trailing earnings, well above its own five-year average of 15.3×: investors are paying up relative to the company's past. The Technology median in the September 2026 study was 32.1×. Forward P/E is 14.3×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 1.01**. A PEG of 1.01 is in the range usually read as fairly priced for its growth.
- **Price / sales: 0.8×**. Each dollar of revenue is priced at 0.8×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 4.2×**. The shares trade at 4.2× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 14.4×**. Enterprise value is 14.4× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 5.6%** (5-yr avg 6.3%). Free cash flow equals 5.6% of the market value, in line with its five-year average of 6.3%. Above 5% is generally attractive.
- **Earnings yield: 2.8%**. The inverse of the P/E: 2.8% of the price is earned each year.

## Profitability
- **Gross margin: 9.0%**. Sanmina Corporation keeps 9.0% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 4.2%**. 4.2% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 3.0%**. 3.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 9.7%**. 9.7% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 21.9%**. Return on all capital, debt included, is 21.9%: comfortably above what that capital costs.
- **Return on assets: 5.3%**. Each dollar of assets produces 5.3% of profit.

## Growth
- **Revenue growth (1 yr): 7.4%** (3-yr 0.9%/yr, 5-yr 3.2%/yr). Revenue grew 7.4% over the last year, against 3.2% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 14.1%** (3-yr 5.4%/yr, 5-yr 18.9%/yr). Earnings per share rose 14.1%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 35.0%/yr**. Free cash flow has compounded at 35.0% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.12**. Debt is 0.12 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Sanmina Corporation holds more cash than debt.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Sanmina Corporation does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 65.6%** (YTD 32.3%, 3-mo -21.3%). The shares are up 65.6% over twelve months including dividends.
- **From 52-week high: -31.2%** (79.7% above the low). Trading 31% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 50**. An RSI of 50 is neutral.
- **Beta (1 yr): 2.44** (volatility 72%). Beta of 2.44 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SANM · Page: https://foliofundamentals.com/stocks/sanm

Not investment advice.