OverviewSuggest Edit
Sanmina is a provider of integrated manufacturing solutions, components, products and repair, logistics and after-market services. It delivers product design and engineering solutions, including concept development, detailed design, prototyping, validation, preproduction, and manufacturing design release, and manufacturing solutions of components, subassemblies, and complete systems. The company also offers final system assembly and test services, direct order fulfillment and logistics services, after-market product service and support, and supply chain management services. In addition, it provides interconnect systems, mechanical systems, memory, radio frequency, optical, and microelectronic solutions, defense and aerospace products, storage solutions, and cloud-based manufacturing execution software.
| Type | Public | |
| Founded | 1980 | |
| HQ | San Jose, US | Map |
| Website | sanmina.com | |
| Employee Ratings | More |
Recent NewsAll News
- Sanmina CEO Liebel leaves company after less than 11 months in the role
- Sanmina stock rallies on big earnings, outlook beat
- Sanmina Achieves IATF 16949:2016 Certification for Automotive Manufacturing in Chennai, India
- Sanmina Wins Two ELCINA Awards for Business and Quality Excellence at its Manufacturing Facility in Chennai India
Key People/Management at Sanmina
Kurt Adzema
Chief Financial Officer
Alan Reid
Executive Vice President, Global Human Resources
Dennis Young
Executive Vice President, Sales
Eugene A. Delaney
Director
John P. Goldsberry
Director
Rita S. Lane
Director
Sanmina Office Locations
Sanmina has offices in San Jose, Austin, El Paso, Fort Mill and in 37 other locations
San Jose, US (HQ)
2700 N 1st St
Austin, US
9100 Cameron Rd 200 Bldg
El Paso, US
1220 Don Haskins Dr suite A
Fort Mill, US
355 Crestmont Dr
Fremont, US
42735 Christy St
Huntsville, US
13000 Memorial Pkwy SW
Sanmina Financials and Metrics
Sanmina Revenue
Sanmina's revenue was reported to be $8.23 b in FY, 2019 which is a 15.8% increase from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2020) | 1.7b |
Gross profit (Q3, 2020) | 131.5m |
Gross profit margin (Q3, 2020), % | 7.9% |
Net income (Q3, 2020) | 44.9m |
EBIT (Q3, 2020) | 64.1m |
Market capitalization (16-Sept-2020) | 1.9b |
Closing stock price (16-Sept-2020) | 27.7 |
Cash (27-Jun-2020) | 1.1b |
EV | 1.8b |
Sanmina's current market capitalization is $1.9 b.
Annual
Annual
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (154.9m) | (130.3m) | (96.3m) | 38.0m | 78.8m | 121.8m | 38.3m | 43.2m | 88.1m |
Depreciation and Amortization | 29.6m | 59.5m | 89.1m | 29.8m | 58.9m | 88.4m | 28.7m | 56.8m | 85.7m |
Inventories | (28.3m) | (70.2m) | (137.0m) | (30.7m) | 16.6m | 108.0m | 57.4m | 15.3m | 16.7m |
Accounts Payable | 6.3m | (34.5m) | 87.1m | (2.8m) | (85.0m) | (172.7m) | (139.3m) | (185.2m) | (62.8m) |
| USD | FY, 2017 |
|---|---|
EV/EBIT | 12.7 x |
EV/CFO | 11.4 x |
Revenue/Employee | 195.0k |
Debt/Equity | 0.3 x |
Debt/Assets | 0.1 x |
Financial Leverage | 2.3 x |
P/E Ratio | 20.9 |
Sanmina Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| BreconRidge | April 27, 2010 | $53 m |
| Pentex-Schweizer Circuits | June 28, 2004 | $78.80 m |
| Newisys | July 17, 2003 | |
| SCI Technology | December 06, 2001 | |
| AET Holdings Limited | ||
| CertainSource Technology Group Inc. | ||
| CST Real Estate LLC | ||
| Davos Group Limited | ||
| Hadco Corporation | ||
| Hadco Santa Clara, Inc. |
Sanmina Cybersecurity Score
Sanmina Revenue Breakdown
Sanmina revenue breakdown by business segment: 81.6% from Integrated Manufacturing Solutions and 18.4% from Components, Products and Services
Sanmina revenue breakdown by geographic segment: 12.8% from EMEA, 36.3% from APAC and 50.9% from Americas
Sanmina Online and Social Media Presence
3.62k Twitter followers
Sanmina has 3.62k Twitter Followers. The number of followers has increased 0.1% quarter over quarter
Sanmina's Trends
Twitter Engagement Stats for @SanminaCorp
4.7k
Tweets
94
Following
3.6k
Followers
23
Tweets last 30 days
2.3
Avg. likes per Tweet
100%
Tweets with engagement
Sanmina News and Updates
August 17, 2020
Sanmina CEO Liebel leaves company after less than 11 months in the role
Sanmina Corp. said Monday that Chief Executive Hartmut Liebel is leaving the company, effective immediately, after less than 11 months in the role. The electronics manufacturing services company said Jure Sola, the company's co-founder and executive chairman, will reassume the role of CEO and chair…
July 29, 2020
Sanmina stock rallies on big earnings, outlook beat
Sanmina Corp. shares rallied in the extended session Wednesday after the electronics manufacturing services provider's earnings and outlook topped Wall Street estimates by a wide margin. Sanmina shares surged 15% after hours, following a 2.5% rise in the regular session to close at $25.84. The comp…
November 26, 2019
Sanmina Achieves IATF 16949:2016 Certification for Automotive Manufacturing in Chennai, India
SAN JOSE, Calif., Nov. 26, 2019 /PRNewswire/ -- Sanmina Corporation (Nasdaq: SANM), a leading integrated manufacturing solutions company that manufactures some of the world's most complex and innovative electronic, optical and mechanical products, today announced that it has achieved the...
October 31, 2019
Sanmina Wins Two ELCINA Awards for Business and Quality Excellence at its Manufacturing Facility in Chennai India
SAN JOSE, Calif., Oct. 31, 2019 /PRNewswire/ -- Sanmina Corporation (Nasdaq: SANM), a leading integrated manufacturing solutions company that makes some of the world's most complex and innovative electronic, optical and mechanical products, today announced that it has won two awards from...
October 28, 2019
Sanmina shares drop more than 10% on outlook, layoffs
Sanmina Corp. shares dropped in the extended session Monday after the electronics manufacturing services provide issued a disappointing outlook and announced a "right-sizing" plan. Sanmina shares fell 14% after hours, following a 1% rise in the regular session to close at $31.80. For the first fisc…
October 14, 2019
Sanmina names Kurt Adzema its new CFO
Sanmina Corp. said late Monday that Kurt Adzema has joined the electronics maker as its chief financial officer, succeeding David Anderson, who in January announced his intention to retire. Anderson "will help facilitate a smooth transition" and will remain an adviser to Sanmina's executive chairma…
Sanmina Blogs
September 10, 2019
Krish Prabhu Joins Sanmina’s Board of Directors
SAN JOSE, Calif., Sept. 10, 2019 /PRNewswire/ — Sanmina Corporation (“Sanmina” or the “Company”) (NASDAQ: SANM), a leading integrated manufacturing solutions company, today announced the appointment of Krish Prabhu to the Company’s Board of Directors. Prabhu is a seasoned telecommunications executiv…
August 26, 2019
42Q Achieves ‘Built for NetSuite’ Status
SAN JOSE, CALIF. — August 27, 2019 — 42Q, a leading provider of cloud manufacturing solutions, announced today that its cloud-based manufacturing execution system (MES) has achieved ‘Built for NetSuite’ status. Built using the Oracle NetSuite SuiteCloud Computing platform, the new SuiteApp allows cu…
August 22, 2019
Viking Enterprise Solutions Wins Third Consecutive “Best of Show Innovation Award” at Flash Memory Summit 2019
SAN JOSE, Calif. – August 22, 2019 – Viking Enterprise Solutions, a product division of Sanmina Corporation (Nasdaq: SANM), today announced that it has won the Best of Show Innovation Award at the 2019 Flash Memory Summit for the Most Innovative Flash Memory Enterprise Business Application. Viking E…
August 13, 2019
42Q Named Recipient of Supply & Demand Chain Executive’s SDCE 100 Top Supply Chain Projects for 2019
SAN JOSE, CALIF. — August 13, 2019 — 42Q, a leading provider of cloud manufacturing solutions, today announced that it has been named by Supply & Demand Chain Executive as a recipient of the 2019 SDCE 100 Award. The publication identified 42Q as one the best in its field based on its innovative …
August 05, 2019
Viking Enterprise Solutions to Lead Six Event Activities at Flash Memory Summit 2019
SAN JOSE, Calif. – August 5, 2019 – Viking Enterprise Solutions, a product division of Sanmina Corporation (Nasdaq: SANM), today announced that it will have a significant presence at the upcoming Flash Memory Summit, August 6-8 in Santa Clara, California. Thought leaders from the organization have b…
July 23, 2019
Viking Enterprise Solutions and ATTO Technology Announce Certification Partnership and Industry-Leading Performance Testing Results
SAN JOSE, Calif. – July 23, 2019 – Viking Enterprise Solutions, a product division of Sanmina Corporation (Nasdaq: SANM), and ATTO Technology, Inc, a global leader in storage and network connectivity and infrastructure solutions, today announced a partnership to combine their cutting-edge products. …
Sanmina Frequently Asked Questions
When was Sanmina founded?
Sanmina was founded in 1980.
Who are Sanmina key executives?
Sanmina's key executives are Kurt Adzema, Alan Reid and Dennis Young.
How many employees does Sanmina have?
Sanmina has 34,000 employees.
What is Sanmina revenue?
Latest Sanmina annual revenue is $8.2 b.
What is Sanmina revenue per employee?
Latest Sanmina revenue per employee is $242.2 k.
Who are Sanmina competitors?
Competitors of Sanmina include Yageo, Gentex and MinebeaMitsumi.
Where is Sanmina headquarters?
Sanmina headquarters is located at 2700 N 1st St, San Jose.
Where are Sanmina offices?
Sanmina has offices in San Jose, Austin, El Paso, Fort Mill and in 37 other locations.
How many offices does Sanmina have?
Sanmina has 45 offices.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies