Financials Sanmina Corporation Deutsche Boerse AG

Stocks

SAYN

US8010561020

Electronic Equipment & Parts

Real-time Estimate Tradegate Other stock markets 14:27:32 2026-08-03 EDT			5-day change	1st Jan Change
167.68 ^EUR	+3.28%		-9.46%	+26.62%

07-28	BofA Adjusts Price Target on Sanmina to $270 From $280	MT
07-27	Sanmina Corporation, Q3 2026 Earnings Call, Jul 27, 2026

Projected Income Statement: Sanmina Corporation

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	6,757	7,890	8,935	7,568	8,128	14,150	16,411	18,312
Change	-	16.78%	13.24%	-15.3%	7.4%	74.08%	15.98%	11.58%
EBITDA ¹	443.2	526	638	528.5	584.9	1,177	1,294	1,412
Change	-	18.69%	21.29%	-17.17%	10.68%	101.23%	9.97%	9.09%
EBIT ¹	333.5	417.3	519.8	406.1	465.5	992.9	1,082	1,245
Change	-	25.1%	24.57%	-21.88%	14.63%	113.31%	9%	15.08%
Interest Paid ¹	25.7	-22.47	-36.29	-29.18	-20.15	-120.4	-138	-133.5
Earnings before Tax (EBT) ¹	-	320.6	412.8	317.5	339.4	582.8	786.2	976.9
Change	-	-	28.75%	-23.08%	6.89%	71.7%	34.9%	24.26%
Net income ¹	269	256.1	310	222.5	245.9	402.5	532.3	637.6
Change	-	-4.79%	21.02%	-28.21%	10.5%	63.7%	32.23%	19.79%
Announcement Date	11/8/21	11/7/22	11/6/23	11/4/24	11/3/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: September	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1	2028 Q2	2028 Q3
Net sales ¹	1,644	1,757	1,912	2,019	2,203	2,361	2,320	2,207	2,052	1,875	1,835	1,841	2,018	2,006	1,984	2,042	2,096	3,190	4,013	3,464	3,483	3,561	3,619	4,330	4,758	4,685	4,376	4,403
Change	-	6.89%	8.77%	5.63%	9.09%	7.21%	-1.75%	-4.87%	-7.03%	-8.64%	-2.14%	0.37%	9.56%	-0.55%	-1.11%	2.9%	2.69%	52.15%	25.82%	-13.69%	0.54%	2.25%	1.62%	19.67%	9.87%	-1.54%	-6.58%	0.6%
EBITDA ¹	105.8	115.8	122.8	137.3	150.1	164.8	151	156	148.4	133.1	123.3	126.6	139	144.5	138.9	145.5	156.1	231.5	303.9	324	316.2	281.2	293.2	339.2	343.8	352.4	302.7	307.5
Change	-	9.49%	6.03%	11.8%	9.3%	9.78%	-8.34%	3.31%	-4.89%	-10.32%	-7.34%	2.67%	9.78%	3.97%	-3.91%	4.76%	7.31%	48.3%	31.26%	6.62%	-2.4%	-11.07%	4.27%	15.67%	1.37%	2.5%	-14.1%	1.59%
EBIT ¹	78.34	88.36	95.25	110.2	123.4	136.2	134.9	126.1	117.9	102.4	99.54	96.84	107.3	112.7	110.6	115.7	126.4	192	256.8	275.8	266.9	244.9	230.1	276.2	324	321.2	291.4	300.9
Change	-	12.79%	7.79%	15.74%	11.92%	10.4%	-0.98%	-6.5%	-6.54%	-13.17%	-2.75%	-2.71%	10.83%	4.97%	-1.79%	4.57%	9.29%	51.82%	33.76%	7.4%	-3.22%	-8.26%	-6.04%	20.06%	17.28%	-0.86%	-9.28%	3.25%
Charge d'intérêts ¹	2.403	-4.877	-4.87	-5.615	-7.111	-8.681	-9.286	-10.07	-8.257	-8.412	-8.218	-7.506	-5.047	-5.001	-4.979	-4.981	-5.19	-24.72	-32.14	-32.46	-34.5	-34.5	-34.5	-34.5	-34.5	-33.5	-33.5	-33.5
Earnings before Tax (EBT) ¹	-	78.94	76.3	81.77	83.62	111.3	111.1	99	86.75	81.69	74.43	74.64	86.78	86.28	88.4	91.41	73.34	61.58	131.1	191.8	198.3	169.9	182.3	204.7	229.3	240.9	241.2	246
Change	-	-	-3.34%	7.17%	2.27%	33.08%	-0.18%	-10.88%	-12.38%	-5.84%	-8.88%	0.28%	16.27%	-0.58%	2.47%	3.4%	-19.77%	-16.03%	112.95%	46.22%	3.41%	-14.32%	7.3%	12.29%	12.02%	5.06%	0.12%	1.99%
Net income ¹	56.56	58.63	53.22	79.54	64.72	88.4	79.62	76.49	61.84	57.07	52.48	51.6	61.38	65	64.21	68.62	48.07	49.29	93.65	117.1	132.6	114.8	103.3	139.1	174.6	171.7	148.8	156.1
Change	-	3.66%	-9.23%	49.46%	-18.63%	36.58%	-9.93%	-3.93%	-19.16%	-7.72%	-8.03%	-1.68%	18.95%	5.9%	-1.22%	6.87%	-29.95%	2.54%	90.01%	25.08%	13.19%	-13.44%	-10.01%	34.69%	25.54%	-1.66%	-13.35%	4.94%
Announcement Date	11/8/21	1/31/22	5/2/22	8/1/22	11/7/22	1/30/23	5/11/23	7/31/23	11/6/23	1/29/24	4/29/24	7/29/24	11/4/24	1/27/25	4/28/25	7/28/25	11/3/25	1/26/26	4/27/26	7/27/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Sanmina Corporation

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	-	-183	-329	-309	-626	243	442	315
Change	-	-	-79.78%	6.08%	-102.59%	138.83%	81.89%	-28.73%
Announcement Date	11/8/21	11/7/22	11/6/23	11/4/24	11/3/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Sanmina Corporation

Fiscal Period: September	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	138.6	190	109.2	142.5	379.2	447	438
Change	-	37.02%	-42.52%	30.48%	166.15%	17.88%	-2.01%
Free Cash Flow (FCF) ¹	192.2	45.21	231	478.2	568.3	-21	326.6
Change	-	-76.48%	410.99%	106.99%	18.85%	-103.7%	1,655.08%
Announcement Date	11/7/22	11/6/23	11/4/24	11/3/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Sanmina Corporation

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	6.56%	6.67%	7.14%	6.98%	7.2%	8.32%	7.89%	7.71%
EBIT Margin (%)	4.94%	5.29%	5.82%	5.37%	5.73%	7.02%	6.59%	6.8%
EBT Margin (%)	-	4.06%	4.62%	4.2%	4.18%	4.12%	4.79%	5.33%
Net margin (%)	3.98%	3.25%	3.47%	2.94%	3.03%	2.84%	3.24%	3.48%
FCF margin (%)	-	2.44%	0.51%	3.05%	5.88%	4.02%	-0.13%	1.78%
FCF / Net Income (%)	-	75.05%	14.59%	103.81%	194.47%	141.18%	-3.95%	51.22%
Profitability
ROA	-	-	-	-	-	8.41%	7.06%	7.73%
ROE	15.17%	16.83%	15.54%	9.51%	10.04%	23.97%	21.98%	24.46%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	0.21x	0.34x	0.22x
Debt / Free cash flow	-	-	-	-	-	0.43x	-21.03x	0.96x
Capital Intensity
CAPEX / Current Assets (%)	-	1.76%	2.13%	1.44%	1.75%	2.68%	2.72%	2.39%
CAPEX / EBITDA (%)	-	26.36%	29.77%	20.66%	24.36%	32.22%	34.53%	31.02%
CAPEX / FCF (%)	-	72.13%	420.17%	47.27%	29.8%	66.73%	-2,128.57%	134.12%
Items per share
Cash flow per share ¹	5.044	5.242	-	5.972	11.25	15.49	6.974	-
Change	-	3.93%	-	-	88.36%	37.68%	-54.97%	-
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	-	-	-	-	52.94	62.43	77.2
Change	-	-	-	-	-	-	17.93%	23.67%
EPS ¹	4.01	4.06	5.18	3.91	4.46	7.043	9.42	11.62
Change	-	1.25%	27.59%	-24.52%	14.07%	57.92%	33.74%	23.35%
Nbr of stocks (in thousands)	65,095	57,804	57,227	54,647	53,284	53,597	53,597	53,597
Announcement Date	11/8/21	11/7/22	11/6/23	11/4/24	11/3/25	-	-	-