Sanmina Stock Return On Asset
| SANM Stock | USD 65.70 1.18 1.76% |
Sanmina fundamentals help investors to digest information that contributes to Sanmina's financial success or failures. It also enables traders to predict the movement of Sanmina Stock. The fundamental analysis module provides a way to measure Sanmina's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sanmina stock.
As of the 5th of June 2024, Return On Assets is likely to grow to 0.06. Sanmina | Return On Asset |
Sanmina Company Return On Asset Analysis
Sanmina's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Sanmina Return On Asset | 0.0489 |
Most of Sanmina's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sanmina is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sanmina Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Sanmina is extremely important. It helps to project a fair market value of Sanmina Stock properly, considering its historical fundamentals such as Return On Asset. Since Sanmina's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sanmina's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sanmina's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Sanmina Total Assets
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Based on the latest financial disclosure, Sanmina has a Return On Asset of 0.0489. This is 101.69% lower than that of the Electronic Equipment, Instruments & Components sector and 100.39% lower than that of the Information Technology industry. The return on asset for all United States stocks is 134.93% lower than that of the firm.
Sanmina Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sanmina's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sanmina could also be used in its relative valuation, which is a method of valuing Sanmina by comparing valuation metrics of similar companies.Sanmina is currently under evaluation in return on asset category among its peers.
Sanmina ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Sanmina's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sanmina's managers, analysts, and investors.Environmental | Governance | Social |
Sanmina Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0489 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 3.54 B | ||||
| Shares Outstanding | 55.45 M | ||||
| Shares Owned By Insiders | 3.00 % | ||||
| Shares Owned By Institutions | 97.31 % | ||||
| Number Of Shares Shorted | 1.23 M | ||||
| Price To Earning | 23.70 X | ||||
| Price To Book | 1.53 X | ||||
| Price To Sales | 0.38 X | ||||
| Revenue | 8.94 B | ||||
| Gross Profit | 622.21 M | ||||
| EBITDA | 573.39 M | ||||
| Net Income | 327.51 M | ||||
| Cash And Equivalents | 493.3 M | ||||
| Cash Per Share | 8.53 X | ||||
| Total Debt | 338.27 M | ||||
| Debt To Equity | 0.20 % | ||||
| Current Ratio | 1.58 X | ||||
| Book Value Per Share | 39.16 X | ||||
| Cash Flow From Operations | 235.17 M | ||||
| Short Ratio | 3.31 X | ||||
| Earnings Per Share | 4.22 X | ||||
| Price To Earnings To Growth | 0.72 X | ||||
| Target Price | 62.5 | ||||
| Number Of Employees | 34 K | ||||
| Beta | 1.01 | ||||
| Market Capitalization | 3.64 B | ||||
| Total Asset | 4.87 B | ||||
| Retained Earnings | (2.93 B) | ||||
| Working Capital | 1.85 B | ||||
| Current Asset | 2.38 B | ||||
| Current Liabilities | 1.4 B | ||||
| Net Asset | 4.87 B |
About Sanmina Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sanmina's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sanmina using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sanmina based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in Sanmina Stock
When determining whether Sanmina is a strong investment it is important to analyze Sanmina's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sanmina's future performance. For an informed investment choice regarding Sanmina Stock, refer to the following important reports:Check out Sanmina Piotroski F Score and Sanmina Altman Z Score analysis. To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sanmina. If investors know Sanmina will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sanmina listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.30) | Earnings Share 4.22 | Revenue Per Share 140.097 | Quarterly Revenue Growth (0.21) | Return On Assets 0.0489 |
The market value of Sanmina is measured differently than its book value, which is the value of Sanmina that is recorded on the company's balance sheet. Investors also form their own opinion of Sanmina's value that differs from its market value or its book value, called intrinsic value, which is Sanmina's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sanmina's market value can be influenced by many factors that don't directly affect Sanmina's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sanmina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sanmina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sanmina's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.