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Upturn AI SWOT - About
SANM 
Sanmina Corporation (SANM)
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Upturn Advisory Summary
06/27/2025: SANM (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
2 Analysts rated it
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Year Target Price $92.5
Year Target Price $92.5
| 1 | Strong Buy |
| 0 | Buy |
| 1 | Hold |
| 0 | Under performing |
| 0 | Sell |
Analysis of Past Performance
Type Stock | Historic Profit 28.68% | Avg. Invested days 44 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 06/27/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.24B USD | Price to earnings Ratio 22.7 | 1Y Target Price 97.5 |
Price to earnings Ratio 22.7 | 1Y Target Price 97.5 | ||
Volume (30-day avg) - | Beta 1.15 | 52 Weeks Range 61.52 - 98.46 | Updated Date 06/29/2025 |
52 Weeks Range 61.52 - 98.46 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 4.32 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 3.09% | Operating Margin (TTM) 4.67% |
Management Effectiveness
Return on Assets (TTM) 4.65% | Return on Equity (TTM) 11.16% |
Valuation
Trailing PE 22.7 | Forward PE 13.59 | Enterprise Value 4904948552 | Price to Sales(TTM) 0.67 |
Enterprise Value 4904948552 | Price to Sales(TTM) 0.67 | ||
Enterprise Value to Revenue 0.62 | Enterprise Value to EBITDA 10.22 | Shares Outstanding 53463800 | Shares Floating 51678650 |
Shares Outstanding 53463800 | Shares Floating 51678650 | ||
Percent Insiders 3.44 | Percent Institutions 99.28 |
Analyst Ratings
Rating 4 | Target Price 92.5 | Buy - | Strong Buy 1 |
Buy - | Strong Buy 1 | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Sanmina Corporation
Company Overview
History and Background
Sanmina Corporation, founded in 1980 as Sanmina, initially focused on printed circuit board assembly. It merged with SCI Systems in 2001 to become Sanmina-SCI, later reverting to Sanmina Corporation. The company has grown through acquisitions and organic expansion, becoming a leading global electronics manufacturing services (EMS) provider.
Core Business Areas
- Integrated Manufacturing Solutions (IMS): Offers comprehensive end-to-end manufacturing services, including design and engineering, manufacturing, final system assembly, and direct order fulfillment.
- Components, Products and Services (CPS): Provides high-technology services, including printed circuit board fabrication, backplane assembly, and test services.
Leadership and Structure
Sanmina is led by CEO Jure Sola. The organizational structure comprises business units focused on specific industries and service offerings, supported by centralized functional groups such as finance, operations, and sales.
Top Products and Market Share
Key Offerings
- Competitors: Jabil,Flex,Celestica
- Printed Circuit Board Assembly (PCBA): Sanmina provides PCBA services for various industries. The market is highly fragmented, with major competitors including Jabil and Flex. Market share data is highly variable but Sanmina is a significant player. Revenue contribution is substantial but exact figures are undisclosed in segments.
- Backplane Assembly: Offers backplane assembly for telecommunications and data center equipment. Sanmina is a key supplier in this niche. Market share data is not readily available, but significant revenue is generated. Competitors include Amphenol and TE Connectivity.
- Competitors: Amphenol,TE Connectivity
- Competitors: Jabil,Flex
- Complex System Integration: Providing integration services for complex electronic systems to Aerospace, Defense, Medical and Automotive clients. No publicly available marketshare is disclosed on Sanmina's segment revenue.
Market Dynamics
Industry Overview
The EMS industry is driven by the increasing complexity of electronic devices, globalization, and the need for cost-effective manufacturing solutions. Key trends include automation, digitalization, and supply chain resilience.
Positioning
Sanmina positions itself as a high-technology EMS provider focused on complex and high-value products. Its competitive advantages include its engineering capabilities, global footprint, and focus on specific industries.
Total Addressable Market (TAM)
The global EMS market is estimated at hundreds of billions of dollars. Sanmina's TAM is a substantial portion of this, focusing on high-complexity manufacturing. Its positioning allows it to capture a significant share of the market.
Upturn SWOT Analysis
Strengths
- Global manufacturing footprint
- Strong engineering capabilities
- Diversified customer base
- Focus on high-complexity products
- Financial stability
Weaknesses
- Reliance on a few large customers
- Exposure to cyclical industries
- Potential supply chain disruptions
- Lower margins compared to some competitors
- Sensitivity to economic downturns
Opportunities
- Expanding into new markets and industries
- Increasing automation and digitalization
- Acquiring complementary businesses
- Benefiting from reshoring trends
- Growing demand for advanced manufacturing services
Threats
- Intense competition
- Fluctuations in currency exchange rates
- Geopolitical risks
- Rising labor costs
- Technological obsolescence
Competitors and Market Share
Key Competitors
- JBL
- FLEX
- Celestica (Not US Listed)
Competitive Landscape
Sanmina competes with other major EMS providers, focusing on high-complexity and high-value manufacturing. Its advantages include strong engineering capabilities and a global footprint. Disadvantages may include lower margins compared to some competitors and reliance on specific industries.
Major Acquisitions
RelianceCM
- Year: 2018
- Acquisition Price (USD millions): 115
- Strategic Rationale: Expanded Sanmina's manufacturing capabilities and customer base in the medical and life sciences industries.
Growth Trajectory and Initiatives
Historical Growth: Sanmina has experienced steady growth in recent years, driven by strong demand for its manufacturing services.
Future Projections: Analysts project continued growth for Sanmina, supported by favorable industry trends and the company's strategic initiatives.
Recent Initiatives: Recent initiatives include investments in automation, expansion into new geographies, and acquisitions of complementary businesses.
Summary
Sanmina is a strong player in the electronics manufacturing services industry with a global footprint and focus on high-complexity products. Its financial performance is improving, driven by revenue growth and enhanced operational efficiency. The company needs to mitigate risks related to reliance on large customers and cyclical industries while capitalizing on opportunities in automation and new markets. Continued strategic acquisitions and focus on specialized manufacturing services should improve their market position.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Sanmina Corporation Investor Relations
- SEC Filings
- Industry Reports
- Market Analysis Reports
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It should not be considered financial advice. Market share data are estimates and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Sanmina Corporation
Exchange NASDAQ | Headquaters San Jose, CA, United States | ||
IPO Launch date 1993-04-14 | Co-Founder, Executive Chairman & CEO Mr. Jure Sola | ||
Sector Technology | Industry Electronic Components | Full time employees 32000 | Website https://www.sanmina.com |
Full time employees 32000 | Website https://www.sanmina.com | ||
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. 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; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engages in the manufacture of components, subassemblies, and complete systems. In addition, the company provides components, such as printed circuit boards, backplane and backplane assemblies, cable assemblies, fabricated metal parts, precision machined parts, and plastic injected molded parts; memory solutions; storage platforms; optical, radio frequency, and microelectronic solutions; defense and aerospace products, design, manufacturing, repair, and refurbishment services; and cloud-based manufacturing execution software. It offers its products and services primarily to original equipment manufacturers in the industrial, medical, defense and aerospace, automotive, communications networks, and cloud infrastructure industries. The company was formerly known as Sanmina-SCI Corp. Sanmina Corporation was incorporated in 1980 and is headquartered in San Jose, California.
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