Company Valuation: Sanmina Corporation

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,584 2,636 3,031 3,764 6,080 10,696 - -
Change - 2% 15% 24.15% 61.56% 75.91% - -
Enterprise Value (EV) 1 2,584 2,453 2,702 3,455 5,454 10,939 11,137 11,011
Change - -5.09% 10.16% 27.87% 57.87% 100.55% 1.82% -1.14%
P/E 9.9x 11.2x 10.2x 17.6x 25.6x 28.3x 21.2x 17.2x
PBR - - - - - 3.77x 3.2x 2.58x
PEG - 8.98x 0.4x -0.7x 1.8x 0.5x 0.6x 0.7x
Capitalization / Revenue 0.38x 0.33x 0.34x 0.5x 0.75x 0.76x 0.65x 0.58x
EV / Revenue 0.38x 0.31x 0.3x 0.46x 0.67x 0.77x 0.68x 0.6x
EV / EBITDA 5.83x 4.66x 4.24x 6.54x 9.33x 9.29x 8.6x 7.8x
EV / EBIT 7.75x 5.88x 5.2x 8.51x 11.7x 11x 10.3x 8.84x
EV / FCF - 12.8x 59.8x 15x 11.4x 19.2x -530x 33.7x
FCF Yield - 7.84% 1.67% 6.69% 8.77% 5.2% -0.19% 2.97%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 4.01 4.06 5.18 3.91 4.46 7.043 9.42 11.62
Distribution rate - - - - - - - -
Net sales 1 6,757 7,890 8,935 7,568 8,128 14,150 16,411 18,312
EBITDA 1 443.2 526 638 528.5 584.9 1,177 1,294 1,412
EBIT 1 333.5 417.3 519.8 406.1 465.5 992.9 1,082 1,245
Net income 1 269 256.1 310 222.5 245.9 402.5 532.3 637.6
Net Debt 1 - -183.1 -329.3 -308.5 -625.8 243 441.6 314.8
Reference price 2 39.70 45.60 52.97 68.87 114.11 199.56 199.56 199.56
Nbr of stocks (in thousands) 65,095 57,804 57,227 54,647 53,284 53,597 - -
Announcement Date 8/11/21 7/11/22 6/11/23 4/11/24 3/11/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
30.47x5.69x17.4x0.74% 191B
13.44x0.31x6.77x3.74% 110B
28.97x10.43x21.19x0.44% 92.58B
38.69x6.28x20.51x0.9% 90.02B
67.24x7.12x33.16x0.21% 73.68B
19.31x1.14x12.82x0.66% 65.29B
42.87x6.01x22.63x0.01% 62.15B
18.72x3.18x12.08x1.42% 59.47B
67.76x31.1x70.53x0.37% 46.33B
Average 36.39x 7.92x 24.12x 0.94% 87.9B
Weighted average by Cap. 33.63x 6.64x 20.93x 1.06%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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  3. SANM Stock
  4. SAYN Stock
  5. Valuation Sanmina Corporation
-40%: Exceptional extension
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