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Upturn AI Summary - About
Sanmina Corporation(SANM)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for SANM
11/06/2026: SANM (3-star) is currently NOT-A-BUY. Pass it for now.
Sanmina Corporation is an established provider of high-complexity manufacturing solutions and components, primarily serving the medical, defense, and data infrastructure markets. The company is known for its focus on high-reliability, mission-critical hardware rather than mass-market consumer devices, which provides a level of operational stability. A key strength is the company's commitment to returning capital to shareholders through disciplined stock repurchases. While it faces risks from intense competition and supply chain volatility, its strategic focus on growing infrastructure sectors offers a clear investment narrative. It is best suited for value-oriented investors who prioritize operational reliability over dividend income and should be monitored for changes in capital expenditure across its key end-markets.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is steady rather than explosive, appealing to those seeking stable expansion in manufacturing sectors. |
| Momentum investor | Mixed fit | The stock can see periods of momentum, but it often tracks broader industrial and tech-infrastructure sentiment. |
| Value investor | Strong fit | Sanmina often trades at conservative multiples relative to earnings, making it a potential value play. |
| Dividend investor | Weak fit | The company does not pay a cash dividend, relying instead on share buybacks to return capital. |
| Low-risk investor | Mixed fit | While the company is established, exposure to cyclical electronics end-markets introduces moderate risk. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | The stock is susceptible to changes in global tech demand and manufacturing cycle sentiment. |
| Valuation risk | Low | The company often trades at modest price-to-earnings ratios, mitigating significant valuation downside. |
| Competition risk (EMS market) | Medium / high | Intense pricing pressure from large peers like Jabil and Flex can limit margin expansion. |
| Business quality | Medium | Operational execution is strong, but the business model is inherently tied to capital-intensive manufacturing. |
| Dividend income | Low / none | Investors seeking immediate cash flow via dividends will not find this an appropriate investment. |
| Execution risk | Medium | Success depends on maintaining high manufacturing standards while managing global supply chain complexity. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Highly Choppy
The stock has experienced frequent, large price swings that make its near-term movement less predictable.
Analysis of Past Performance
Type Stock | Historic Profit 135.04% | Avg. Invested days 62 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 11/06/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 7.22B USD | Price to earnings Ratio 24.09 | 1Y Target Price 262.5 |
Price to earnings Ratio 24.09 | 1Y Target Price 262.5 | ||
Volume (30-day avg) 780.1K shares | Beta 1.72 | 52 Weeks Range 118.10 - 288.68 | Updated Date 11/08/2026 |
52 Weeks Range 118.10 - 288.68 | Updated Date 11/08/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 5.59 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Integrated Manufacturing Solutions | Assembly, integration, and testing of complex electronics systems for diverse industries. | This is the primary engine of the company, turning parts into finished high-tech hardware. |
| Components, Products, and Services | Manufacturing of specialized backplanes, enclosures, and repair services. | Higher-margin specialized work that supports the core manufacturing segment. |
| Geographic Exposure | Manufacturing operations spread across North America, Asia, and Europe. | Global footprint allows the company to serve international customers but exposes it to geopolitical and logistics risks. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2026-11-09 | When After Market | Estimate 2.89 | Actual - |
Profitability
Profit Margin 2.41% | Operating Margin (TTM) 7.04% |
Management Effectiveness
Return on Assets (TTM) 5.86% | Return on Equity (TTM) 12.49% |
Valuation
Trailing PE 24.09 | Forward PE 9.23 | Enterprise Value 7.54B | Price to Sales(TTM) 0.57 |
Enterprise Value 7.54B | Price to Sales(TTM) 0.57 | ||
Enterprise Value to Revenue 0.59 | Enterprise Value to EBITDA 10.52 | Shares Outstanding 53.60M | Shares Floating 51.92M |
Shares Outstanding 53.60M | Shares Floating 51.92M | ||
Percent Insiders 5.29 | Percent Institutions 93.9 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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