SANM — Stock Film
STOCK FILMSCENE 1/11SANM · $202
Stock Expert AI presents
SANM
Sanmina Corporation
~4 min film100% real numbers0 jargon
WHAT DOES THIS COMPANY DO?
Sanmina Corporation. A quick introduction.

On the stock market since 1993, it operates in the world of technology. It has 39,000 employees. Now — the numbers.

on the stock market since 1993
39K employees
$11B market value
Revenue last year:
$0
The net profit left over:
$0
Out of every $100 in sales, $3 stays as net profit.
THE SLICE THAT TURNS INTO PROFIT: 3%

This is an established company with proven profits.

WHERE DOES THE MONEY COME FROM?
80%IMS
IMS 80%CPS Third Party Revenue 20%
80% of all revenue comes from a single line: IMS.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

THE SALES TREND
Sales are moving sideways.

No real growth (5% a year).

$6.7B
2021
$7.9B
2022
$8.9B
2023
$7.6B
2024
$8.1B
2025
Cash on hand:
$0
Total debt:
$0
The cash outweighs the debt.

If every debt were paid off today, $572.0M would still be left in the vault — a solid cushion for hard times.

INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
49
weak

Clearly below the class average.

FINANCIAL STRENGTH
27
very weak

Clearly below the class average.

VALUATION
82
very strong

The price looks reasonable next to what the company earns.

PRICE MOMENTUM
67
strong

Clearly above the class average — a step short of the very top.

WORTH WATCHING

Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.

Business Quality: Profit power and business quality trail similar companies in the sector.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 29% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/2
Strong cash, light debt

There is $966.2M in the vault; even if every debt were paid off, $572.0M would remain.

2
THE BRIGHT SIDE · 2/2
Delivers on expectations

It met or beat analyst expectations in 7 of the last 8 quarters — consistency is a promise kept.

1
THE RISKS · 1/2
Growth has stalled

Over the last 3 years, sales grew only 1% a year on average. At this size, speeding back up is not easy.

2
THE RISKS · 2/2
A rich price tag

The company’s market value is 44 times its annual profit. Even a small disappointment could hit the price hard.

FINALE · THE GRADE
C
0 / 100 · MoonshotScore

On our five-subject report card, SANM sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.

The takeaway: SANM is an established business that has proven its profits for years. The real debate here isn’t the price — it’s whether the company can keep up this pace.

What would you like to do next?
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This was a film — not investment advice.
Data: FMP & company filings
Jul 21, 2026 · stockexpertai.com · Stock Film