Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense, and aerospace end markets. The operations are managed as two businesses: Integrated Manufacturing Solutions, which consists of printed circuit board assembly and represents a majority of the firm's revenue; and Components, Products, and Services, which includes interconnect systems and mechanical systems. The firm generates revenue mainly in the United States, China, and Mexico, but has a presence around the world.
The chart shows the growth of an initial investment of $10,000 in Sanmina Corp, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Sanmina Corp (SANM) has returned -15.39% so far this year and 102.13% over the past 12 months. Looking at the last ten years, SANM has achieved an annualized return of 18.73%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Sanmina Corp (SANM) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -7.94% | 9.76% | -14.28% | -0.88% | ||||||||
| 2025 | 10.30% | 1.12% | -7.21% | 1.61% | 9.21% | 16.33% | 19.39% | 3.94% | 0.24% | 20.56% | 13.11% | -3.21% |
| 2024 | 17.50% | 3.78% | -2.39% | -2.13% | 14.04% | -3.66% | 13.74% | -7.84% | -0.13% | 2.49% | 12.83% | -4.13% |
| 2023 | 5.02% | 0.35% | 0.31% | -14.06% | 1.71% | 12.97% | 2.14% | -5.50% | -3.54% | -5.88% | -0.60% | 2.53% |
| 2022 | -8.05% | -2.55% | 2.12% | 0.81% | 7.55% | -7.58% | 13.90% | 5.89% | -3.11% | 20.41% | 17.79% | -13.90% |
| 2021 | -3.72% | 14.20% | 13.68% | -1.64% | 2.18% | -8.20% | -1.64% | 2.60% | -2.46% | -2.30% | -3.18% | 11.60% |
| 2020 | -8.06% | -18.35% | 3.37% | 6.57% | -1.92% | -6.22% | 18.72% | -5.67% | -4.01% | -9.92% | 28.03% | -1.51% |
| 2019 | 32.57% | 2.21% | -10.32% | 16.32% | -21.73% | 13.96% | 2.42% | -8.69% | 12.55% | -4.80% | 2.61% | 7.54% |
| 2018 | -21.00% | 5.35% | -5.42% | 13.24% | -2.54% | 1.38% | -0.34% | 5.84% | -10.24% | -8.70% | 6.21% | -12.51% |
| 2017 | 5.84% | -1.27% | 3.05% | -8.14% | -2.40% | 3.67% | -6.40% | 4.03% | -0.93% | -12.50% | 4.13% | -2.94% |
| 2016 | 2.65% | 12.61% | -3.07% | -5.02% | 4.20% | 7.76% | -3.12% | 19.24% | 10.89% |
The charts below present risk-adjusted performance metrics for Sanmina Corp (SANM) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of SANM compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Sanmina Corp volatility is 3.63%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 5.86B | 4.87B | 4.86B | 4.21B | 3.77B | 3.91B | 4.09B | 3.85B | 3.63B | 3.49B | 3.31B | 3.00B | 7.48B |
| Equity Attributable To Parent (USD) | 2.54B | 2.32B | 1.86B | 1.88B | 1.63B | 1.64B | 1.47B | 1.65B | 1.61B | 1.52B | 1.25B | 1.09B | 1.09B |
| Equity Attributable To Noncontrolling Interest (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity (USD) | 2.54B | 2.32B | 1.86B | 1.88B | 1.63B | 1.64B | 1.47B | 1.65B | 1.61B | 1.52B | 1.25B | 1.09B | 1.09B |
| Other Non-current Liabilities (USD) | - | - | - | - | 272.15M | 194.59M | - | 188.77M | 176.68M | 164.87M | - | 157.56M | - |
| Long-term Debt (USD) | - | - | - | - | 348.00M | 385.33M | 392.67M | 394.86M | 437.48M | 427.37M | 533.85M | 540.00M | 199.74M |
| Noncurrent Liabilities (USD) | 497.00M | 522.01M | 544.57M | 565.10M | 620.15M | 579.92M | 210.39M | 583.64M | 614.16M | 592.24M | 532.20M | 697.56M | - |
| Other Current Liabilities (USD) | 1.08B | 293.09M | 293.24M | 180.65M | 190.51M | 218.46M | 729.75M | 205.00M | 152.80M | 224.83M | 267.75M | 131.66M | - |
| Wages (USD) | 167.54M | 127.41M | 130.89M | 117.65M | 122.03M | 127.65M | 124.75M | 130.94M | 127.33M | 120.40M | 126.54M | 118.57M | - |
| Accounts Payable (USD) | 1.58B | 1.61B | 2.03B | 1.46B | 1.21B | 1.34B | 1.55B | 1.28B | 1.12B | 1.04B | 1.14B | 956.49M | - |
| Current Liabilities (USD) | 2.82B | 2.03B | 2.45B | 1.76B | 1.52B | 1.68B | 2.40B | 1.62B | 1.40B | 1.38B | 1.53B | 1.21B | 6.40B |
| Liabilities (USD) | 3.32B | 2.56B | 3.00B | 2.33B | 2.14B | 2.26B | 2.61B | 2.20B | 2.02B | 1.97B | 2.07B | 1.90B | 6.40B |
| Other Non-current Assets (USD) | 310.36M | 361.56M | 358.78M | 392.07M | 393.97M | 353.94M | 427.79M | 590.84M | 632.05M | 504.51M | 299.10M | 251.11M | - |
| Fixed Assets (USD) | 682.35M | 632.84M | 575.17M | 532.99M | 559.24M | 630.65M | 642.91M | 640.28M | 617.52M | 590.84M | 563.02M | 540.15M | - |
| Noncurrent Assets (USD) | 992.72M | 994.40M | 933.95M | 925.06M | 953.21M | 984.58M | 1.07B | 1.23B | 1.25B | 1.10B | 862.12M | 791.26M | - |
| Other Current Assets (USD) | 2.88B | 2.40B | 2.23B | 2.25B | 1.96B | 2.02B | 1.64B | 1.56B | 1.43B | 1.48B | 1.56B | 1.42B | - |
| Inventory (USD) | 1.99B | 1.48B | 1.69B | 1.04B | 861.28M | 900.56M | 1.37B | 1.05B | 946.24M | 918.73M | 893.18M | 781.56M | - |
| Current Assets (USD) | 4.87B | 3.88B | 3.93B | 3.28B | 2.82B | 2.92B | 3.01B | 2.62B | 2.38B | 2.40B | 2.45B | 2.20B | 7.48B |
| Assets (USD) | 5.86B | 4.87B | 4.86B | 4.21B | 3.77B | 3.91B | 4.09B | 3.85B | 3.63B | 3.49B | 3.31B | 3.00B | 7.48B |
Sanmina's stock dropped nearly 22% despite beating earnings estimates on both revenue ($3.19B vs $3.09B expected) and net income ($2.38 per share vs $2.14 expected). The sharp decline was driven by disappointing forward guidance, with the company projecting Q2 net sales of $3.1-$3.4 billion, falling short of analyst expectations of $3.52 billion. The market's high expectations for AI-related growth companies left no room for guidance misses.
Sanmina plans a new factory in Texas targeting the U.S. energy market and partnered with a Croatian company to co-design transformers, but investors are concerned about potential cash burn and high valuation.
The global In-Vitro Diagnostic (IVD) contract manufacturing market is projected to grow from USD 21.13 billion in 2024 to USD 56.9 billion by 2034, driven by increasing demand for advanced diagnostic tests and rising chronic disease prevalence.
The global Aerospace Printed Circuit Board Market is projected to grow from US$1.2 billion in 2024 to US$1.9 billion by 2034, with a 3.3% CAGR, driven by advancements in commercial aircraft, military platforms, and emerging technologies like UAVs.
AMD is selling its ZT Systems' U.S.-based data center infrastructure manufacturing business to Sanmina for $3 billion in cash and stock. Sanmina will become a preferred manufacturing partner for AMD's cloud AI solutions, while AMD retains design and customer support.
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Drops in key fundamentals and a double miss on guidance doomed the company to a lousy day on the stock market.
Sanmina (SANM) delivered earnings and revenue surprises of 3.17% and 2.42%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
U.S. stocks kicked off the week on a positive note, with all major averages edging higher in anticipation of significant events including earnings reports from tech giants like Amazon.com Inc. (NASDAQ:AMZN) on Tuesday and Apple Inc. (NASDAQ:AAPL) on Thursday, a pivotal Federal Reserve Open Market Committee meeting on Wednesday, and the April’s jobs report on Friday. The S&P 500 rose 0.2% by midday trading in New York, following a 1% surge last Friday. Both the tech-heavy Nasdaq 100 and blue-chip stocks in the Dow Jones made similar gains. Small caps, as tracked by iShares Russell 2000 ETF (NYSE:IWM), outperformed large-cap stocks, rising as much as 0.9%. Tesla Inc. (NASDAQ:TSLA) grabbed the market spotlight by securing a significant partnership with Chinese search engine giant Baidu Inc. (NYSE:BIDU), which granted the Elon Musk-led company access to its mapping license for data collection on China’s public roads. The deal removes a last regulatory barrier for Tesla’s driver assistance system, known as Full Self-Driving (FSD), to be introduced in China. Shares of Tesla rose as much as 16% Monday. The Bank of Japan sent shockwaves through the ...Full story available on Benzinga.com
