Sanmina market cap is $2 b, and annual revenue was $7.11 b in FY 2018

Sanmina Gross profit (Q3, 2019)147.8 M

Sanmina Gross profit margin (Q3, 2019), %7.3%

Sanmina Net income (Q3, 2019)42.9 M

Sanmina EBIT (Q3, 2019)67.4 M

Sanmina Cash, 29-Jun-2019414.3 M

Sanmina EV2.1 B

Sanmina revenue was $7.11 b in FY, 2018 which is a 3.5% year over year increase from the previous period.

Sanmina revenue breakdown by business segment: 20.0% from Components, Products and Services and 80.0% from Integrated Manufacturing Solutions

Sanmina revenue breakdown by geographic segment: 25.6% from Other International , 9.7% from Malaysia, 16.8% from China , 29.1% from Mexico and 18.8% from United States

USD | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|

## Revenue | 6.4b | 6.5b | 6.9b | 7.1b |

| 3% | 2% | 6% | 4% |

## Cost of goods sold | 5.9b | 6.0b | 6.3b | 6.6b |

## Gross profit | 483.9m | 514.3m | 519.9m | 463.8m |

| 8% | 8% | 8% | 7% |

## R&D expense | 33.1m | 37.7m | 33.7m | 30.8m |

## General and administrative expense | 239.3m | 244.6m | 251.6m | 250.9m |

## Operating expense total | 278.7m | 286.1m | 293.4m | 344.3m |

## Depreciation and amortization | 2.1m | 3.4m | ||

## EBIT | 203.1m | 224.8m | 226.5m | 119.4m |

| 3% | 3% | 3% | 2% |

## Interest expense | 25.0m | 24.9m | 21.9m | 27.7m |

## Interest income | 1.1m | 680.0k | 1.3m | 1.3m |

## Pre tax profit | 176.2m | 204.6m | 213.5m | 97.5m |

## Income tax expense | (201.1m) | 16.8m | 74.6m | 193.1m |

## Net Income | 377.3m | 187.8m | 138.8m | (95.5m) |

USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|

## Revenue | 1.7b | 1.7b | 1.8b | 2.2b | 2.1b | 2.0b |

## Cost of goods sold | 1.6b | 1.6b | 1.7b | 2.0b | 2.0b | 1.9b |

## Gross profit | 109.5m | 114.7m | 118.5m | 149.3m | 153.1m | 147.8m |

| 6% | 7% | 7% | 7% | 7% | 7% |

## R&D expense | 7.6m | 8.2m | 8.1m | 6.4m | 7.6m | 7.3m |

## General and administrative expense | 63.6m | 65.4m | 61.4m | 63.0m | 64.2m | 66.8m |

## Operating expense total | 95.7m | 48.8m | 71.5m | 71.8m | 75.0m | 80.4m |

## EBIT | 13.8m | 48.8m | 47.1m | 77.5m | 78.1m | 67.4m |

| 1% | 3% | 3% | 4% | 4% | 3% |

## Interest expense | 6.2m | 6.8m | 7.3m | 8.3m | 8.5m | 7.6m |

## Interest income | 285.0k | 287.0k | 492.0k | 194.0k | 364.0k | 330.0k |

## Pre tax profit | 11.1m | 41.8m | 41.3m | 63.5m | 69.1m | 58.6m |

## Income tax expense | 166.0m | 17.1m | 7.3m | 25.5m | 28.2m | 15.7m |

## Net Income | (154.9m) | 24.6m | 34.0m | 38.0m | 40.9m | 42.9m |

USD | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|

## Cash | 412.3m | 398.3m | 406.7m | 419.5m |

## Accounts Receivable | 937.0m | 973.7m | 1.1b | 1.2b |

## Prepaid Expenses | 130.0m | 57.4m | 47.6m | 43.7m |

## Inventories | 918.7m | 946.2m | 1.1b | 1.4b |

## Current Assets | 2.4b | 2.4b | 2.6b | 3.0b |

## PP&E | 590.8m | 617.5m | 640.3m | 642.9m |

## Total Assets | 3.5b | 3.6b | 3.8b | 4.1b |

## Accounts Payable | 1.0b | 1.1b | 1.3b | 1.5b |

## Short-term debt | 113.4m | 28.4m | 88.4m | 593.3m |

## Current Liabilities | 1.4b | 1.4b | 1.6b | 2.4b |

## Long-term debt | 423.9m | 434.1m | 391.4m | 14.3m |

## Non-Current Liabilities | 592.2m | 614.2m | 583.6m | 210.4m |

## Total Debt | 537.4m | 462.5m | 479.9m | 607.7m |

## Total Liabilities | 2.0b | 2.0b | 2.2b | 2.6b |

## Common Stock | 781.0k | 730.0k | 717.0k | 678.0k |

## Additional Paid-in Capital | 6.1b | 6.1b | 6.2b | 6.2b |

## Retained Earnings | (4.3b) | (4.1b) | (4.0b) | (4.0b) |

## Total Equity | 1.5b | 1.6b | 1.6b | 1.5b |

## Debt to Equity Ratio | 0.4 x | 0.3 x | 0.3 x | 0.4 x |

## Debt to Assets Ratio | 0.2 x | 0.1 x | 0.1 x | 0.1 x |

## Financial Leverage | 2.3 x | 2.3 x | 2.3 x | 2.8 x |

USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|

## Cash | 404.9m | 405.3m | 404.8m | 409.3m | 405.5m | 414.3m |

## Accounts Receivable | 1.1b | 1.1b | 1.2b | 1.3b | 1.3b | 1.2b |

## Prepaid Expenses | 46.3m | 55.5m | 48.3m | 46.3m | 48.5m | 49.9m |

## Inventories | 1.1b | 1.1b | 1.2b | 1.1b | 1.0b | 915.2m |

## Current Assets | 2.7b | 2.7b | 2.8b | 3.3b | 3.2b | 3.0b |

## PP&E | 635.0m | 635.1m | 635.7m | 643.5m | 639.9m | 635.0m |

## Total Assets | 3.8b | 3.8b | 3.9b | 4.3b | 4.2b | 4.0b |

## Accounts Payable | 1.3b | 1.2b | 1.3b | 1.5b | 1.4b | 1.4b |

## Short-term debt | 169.4m | 244.4m | 611.3m | 708.4m | 643.4m | 154.6m |

## Current Liabilities | 1.7b | 1.7b | 2.2b | 2.6b | 2.4b | 1.8b |

## Long-term debt | 392.2m | 393.2m | 14.6m | 14.4m | 351.5m | |

## Non-Current Liabilities | 594.3m | 599.0m | 200.5m | 211.1m | 207.4m | 564.8m |

## Total Debt | 561.6m | 637.7m | 625.8m | 722.7m | 643.4m | 506.1m |

## Total Liabilities | 2.3b | 2.3b | 2.4b | 2.8b | 2.6b | 2.4b |

## Total Equity | 1.5b | 1.5b | 1.5b | 1.5b | 1.6b | 1.6b |

## Debt to Equity Ratio | 0.4 x | 0.4 x | 0.4 x | 0.5 x | 0.4 x | 0.3 x |

## Debt to Assets Ratio | 0.1 x | 0.2 x | 0.2 x | 0.2 x | 0.2 x | 0.1 x |

## Financial Leverage | 2.5 x | 2.6 x | 2.6 x | 2.8 x | 2.7 x | 2.5 x |

USD | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|

## Net Income | 377.3m | 187.8m | 138.8m | (95.5m) |

## Depreciation and Amortization | 100.6m | 111.9m | 118.8m | 118.8m |

## Accounts Receivable | 40.2m | (36.9m) | (136.1m) | (69.1m) |

## Inventories | (13.7m) | 5.6m | (104.5m) | (324.2m) |

## Accounts Payable | (116.9m) | 95.2m | 130.6m | 268.4m |

## Cash From Operating Activities | 174.9m | 390.1m | 251.0m | 156.4m |

## Purchases of PP&E | (119.1m) | (120.4m) | (111.8m) | (118.9m) |

## Cash From Investing Activities | (102.4m) | (174.5m) | (107.9m) | (116.2m) |

## Short-term Borrowings | (2.6b) | (3.1b) | (872.8m) | (3.9b) |

## Long-term Borrowings | (124.0m) | (4.4m) | (43.4m) | (3.4m) |

## Cash From Financing Activities | (126.8m) | (231.4m) | (135.5m) | (28.3m) |

## Net Change in Cash | (54.4m) | (14.0m) | 8.4m | 12.9m |

## Interest Paid | 18.7m | 21.3m | 18.0m | 26.2m |

## Income Taxes Paid | 44.8m | 29.3m | 20.4m | 34.8m |

USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|

## Net Income | (154.9m) | (130.3m) | (96.3m) | 38.0m | 78.8m | 121.8m |

## Depreciation and Amortization | 29.6m | 59.5m | 89.1m | 29.8m | 58.9m | 88.4m |

## Accounts Receivable | (11.2m) | 23.0m | (45.0m) | (161.0m) | (129.7m) | (50.8m) |

## Inventories | (28.3m) | (70.2m) | (137.0m) | (30.7m) | 16.6m | 108.0m |

## Accounts Payable | 6.3m | (34.5m) | 87.1m | (2.8m) | (85.0m) | (172.7m) |

## Cash From Operating Activities | 8.4m | 34.1m | 95.9m | (78.4m) | 27.3m | 192.8m |

## Purchases of PP&E | (48.5m) | (71.0m) | (97.5m) | (37.2m) | (73.0m) | (102.0m) |

## Cash From Investing Activities | (48.4m) | (72.9m) | (95.5m) | (36.6m) | (71.8m) | (98.5m) |

## Short-term Borrowings | (818.0m) | (1.9b) | (2.9b) | |||

## Long-term Borrowings | (3.4m) | (928.8m) | (2.2b) | (2.9b) | ||

## Cash From Financing Activities | 38.0m | 37.2m | (3.4m) | 104.7m | 30.3m | (100.0m) |

## Net Change in Cash | (1.7m) | (1.4m) | (1.9m) | (10.2m) | (14.0m) | (5.3m) |

## Interest Paid | 12.4m | 13.8m | 24.0m | 10.9m | 13.6m | 25.3m |

## Income Taxes Paid | 7.3m | 15.4m | 27.4m | 4.9m | 13.2m | 23.8m |

USD | Y, 2019 |
---|---|

## EV/EBIT | 35 x |

## EV/CFO | 12.2 x |

## Debt/Equity | 0.3 x |

## Debt/Assets | 0.1 x |

## Financial Leverage | 2.5 x |