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Sanmina Corporation is an electronic components business based in the US. Sanmina Corporation shares (SANM) are listed on the NASDAQ and all prices are listed in US Dollars. Sanmina Corporation employs 30,000 staff and has a trailing 12-month revenue of around USD$7 billion.
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Since the stock market crash in March caused by coronavirus, Sanmina Corporation's stock price has had significant positive movement.
Its last market close was $38.81, which is 22.91% up on its pre-crash value of $29.92 and 111.61% up on the lowest point reached during the March crash when the stocks fell as low as $18.34.
If you had bought $1,000 worth of Sanmina Corporation stocks at the start of February 2020, those stocks would have been worth $725.89 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,242.70.
| Latest market close | $38.81 |
|---|---|
| 52-week range | $23.80 - $43.36 |
| 50-day moving average | $39.21 |
| 200-day moving average | $39.76 |
| Wall St. target price | $50.67 |
| PE ratio | 10.0945 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $3.92 |
Note: The dollar amounts in the table below are in Canadian dollars.
Historical closes compared with the close of $38.81 from 2021-10-21
| 1 week (2021-10-15) | -1.80% |
|---|---|
| 1 month (2021-09-23) | -0.56% |
| 3 months (2021-07-23) | 5.46% |
| 6 months (2021-04-23) | -6.95% |
| 1 year (2020-10-22) | 48.41% |
|---|---|
| 2 years (2019-10-22) | 19.21% |
| 3 years (2018-10-22) | 56.11% |
| 5 years (2016-10-21) | 36.18% |
Valuing Sanmina Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Sanmina Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Sanmina Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Sanmina Corporation shares trade at around 10x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Sanmina Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $426.8 million.
The EBITDA is a measure of a Sanmina Corporation's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $7 billion |
|---|---|
| Operating margin TTM | 4.52% |
| Gross profit TTM | $525.7 million |
| Return on assets TTM | 4.66% |
| Return on equity TTM | 15.12% |
| Profit margin | 3.78% |
| Book value | $28.26 |
| Market capitalisation | $2.6 billion |
TTM: trailing 12 months
There are currently 1.7 million Sanmina Corporation shares held short by investors – that's known as Sanmina Corporation's "short interest". This figure is 3.8% down from 1.7 million last month.
There are a few different ways that this level of interest in shorting Sanmina Corporation shares can be evaluated.
Sanmina Corporation's "short interest ratio" (SIR) is the quantity of Sanmina Corporation shares currently shorted divided by the average quantity of Sanmina Corporation shares traded daily (recently around 300909.61887477). Sanmina Corporation's SIR currently stands at 5.51. In other words for every 100,000 Sanmina Corporation shares traded daily on the market, roughly 5510 shares are currently held short.
However Sanmina Corporation's short interest can also be evaluated against the total number of Sanmina Corporation shares, or, against the total number of tradable Sanmina Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Sanmina Corporation's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Sanmina Corporation shares in existence, roughly 30 shares are currently held short) or 0.0261% of the tradable shares (for every 100,000 tradable Sanmina Corporation shares, roughly 26 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Sanmina Corporation.
We're not expecting Sanmina Corporation to pay a dividend over the next 12 months.
Sanmina Corporation's shares were split on a 1:6 basis on 17 August 2009. So if you had owned 6 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Sanmina Corporation shares – just the quantity. However, indirectly, the new 500% higher share price could have impacted the market appetite for Sanmina Corporation shares which in turn could have impacted Sanmina Corporation's share price.
Over the last 12 months, Sanmina Corporation's shares have ranged in value from as little as $23.8 up to $43.36. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Sanmina Corporation's is 1.1254. This would suggest that Sanmina Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in 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; manufacturing of components, subassemblies, and complete systems; high-level assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services. It also provides interconnect systems, such as printed circuit board fabrication, backplane, cable assemblies, and plastic injection moldings; mechanical systems comprising enclosures and precision machining; memory, enterprise, radio frequency, optical, and microelectronic solutions; defense and aerospace products; and cloud-based manufacturing execution software. The company sells its products and services primarily to original equipment manufacturers that serve the industrial, medical, defense and aerospace, automotive, communications networks, and cloud solutions industries. The company was formerly known as Sanmina-SCI Corporation and changed its name to Sanmina Corporation in November 2012. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California.
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