SANM Valuation

Sanmina Corp

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117.520

-1.85(-1.550%)1D

Overview
Forecast
Valuation
Earnings

SANM Relative Valuation

SANM's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, SANM is overvalued; if below, it's undervalued.

Historical Valuation

Sanmina Corp (SANM) is now in the Overvalued zone, suggesting that its current forward PE ratio of 17.91 is considered Overvalued compared with the five-year average of 10.22. The fair price of Sanmina Corp (SANM) is between 82.86 to 104.59 according to relative valuation methord. Compared to the current price of 117.60 USD , Sanmina Corp is Overvalued By 12.44%.

Relative Value

Fair Zone

82.86-104.59

Current Price：117.60

12.44%

Overvalued

17.91

Trailing

Forward

9.68

EV/EBITDA

Sanmina Corp. (SANM) has a current EV/EBITDA of 9.68. The 5-year average EV/EBITDA is 5.51. The thresholds are as follows: Strongly Undervalued below 3.16, Undervalued between 3.16 and 4.33, Fairly Valued between 6.69 and 4.33, Overvalued between 6.69 and 7.87, and Strongly Overvalued above 7.87. The current Forward EV/EBITDA of 9.68 falls within the Strongly Overvalued range.

12.18

EV/EBIT

Sanmina Corp. (SANM) has a current EV/EBIT of 12.18. The 5-year average EV/EBIT is 7.02. The thresholds are as follows: Strongly Undervalued below 4.13, Undervalued between 4.13 and 5.57, Fairly Valued between 8.47 and 5.57, Overvalued between 8.47 and 9.91, and Strongly Overvalued above 9.91. The current Forward EV/EBIT of 12.18 falls within the Strongly Overvalued range.

0.73

Sanmina Corp. (SANM) has a current PS of 0.73. The 5-year average PS is 0.40. The thresholds are as follows: Strongly Undervalued below 0.21, Undervalued between 0.21 and 0.31, Fairly Valued between 0.49 and 0.31, Overvalued between 0.49 and 0.58, and Strongly Overvalued above 0.58. The current Forward PS of 0.73 falls within the Strongly Overvalued range.

21.95

P/OCF

Sanmina Corp. (SANM) has a current P/OCF of 21.95. The 5-year average P/OCF is 7.09. The thresholds are as follows: Strongly Undervalued below -2.50, Undervalued between -2.50 and 2.30, Fairly Valued between 11.88 and 2.30, Overvalued between 11.88 and 16.68, and Strongly Overvalued above 16.68. The current Forward P/OCF of 21.95 falls within the Strongly Overvalued range.

53.59

P/FCF

Sanmina Corp. (SANM) has a current P/FCF of 53.59. The 5-year average P/FCF is 12.75. The thresholds are as follows: Strongly Undervalued below -7.31, Undervalued between -7.31 and 2.72, Fairly Valued between 22.78 and 2.72, Overvalued between 22.78 and 32.81, and Strongly Overvalued above 32.81. The current Forward P/FCF of 53.59 falls within the Strongly Overvalued range.

Sanmina Corp (SANM) has a current Price-to-Book (P/B) ratio of 2.77. Compared to its 3-year average P/B ratio of 1.73 , the current P/B ratio is approximately 60.20% higher. Relative to its 5-year average P/B ratio of 1.58, the current P/B ratio is about 75.11% higher. Sanmina Corp (SANM) has a Forward Free Cash Flow (FCF) yield of approximately 5.87%. Compared to its 3-year average FCF yield of 4.49%, the current FCF yield is approximately 30.56% lower. Relative to its 5-year average FCF yield of 7.01% , the current FCF yield is about -16.30% lower.

2.77

P/B

Median3y

1.73

Median5y

1.58

5.87

FCF Yield

Median3y

4.49

Median5y

7.01

Competitors Valuation Multiple

The average P/S ratio for SANM's competitors is 2.99, providing a benchmark for relative valuation. Sanmina Corp Corp (SANM) exhibits a P/S ratio of 0.73, which is -75.54% above the industry average. Given its robust revenue growth of 10.87%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Advanced Energy Industries Inc

Universal Display Corp

Vishay Intertechnology Inc

0.67

2.83%

2.10B

Performance Decomposition

Market capitalization of SANM increased by 69.39% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 18.19 to 25.16.

The secondary factor is the Margin Expansion, contributed 20.20%to the performance.

Overall, the performance of SANM in the past 1 year is driven by P/E Change. Which is more unsustainable.

10.87%

1.84B → 2.04B

Revenue Growth

20.20%

2.97 → 3.57

Margin Expansion

38.32%

18.19 → 25.16

P/E Change

69.39%