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Sanmina (Sanmina) E10 : $3.23 (As of Mar. 2024)


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What is Sanmina E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Sanmina's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sanmina's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 18.20% per year. During the past 5 years, the average E10 Growth Rate was 15.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Sanmina was 38.30% per year. The lowest was -32.30% per year. And the median was 14.80% per year.

As of today (2024-05-01), Sanmina's current stock price is $60.67. Sanmina's E10 for the quarter that ended in Mar. 2024 was $3.23. Sanmina's Shiller PE Ratio of today is 18.78.

During the past 13 years, the highest Shiller PE Ratio of Sanmina was 52.91. The lowest was 11.65. And the median was 17.80.


Sanmina E10 Historical Data

The historical data trend for Sanmina's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sanmina E10 Chart

Sanmina Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 1.89 2.30 2.61 3.12

Sanmina Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.91 3.05 3.12 3.17 3.23

Competitive Comparison of Sanmina's E10

For the Electronic Components subindustry, Sanmina's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sanmina's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sanmina's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Sanmina's Shiller PE Ratio falls into.



Sanmina E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Sanmina's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.93/129.4194*129.4194
=0.930

Current CPI (Mar. 2024) = 129.4194.

Sanmina Quarterly Data

per share eps CPI Adj_EPS
201406 0.240 100.560 0.309
201409 1.520 100.428 1.959
201412 0.260 99.070 0.340
201503 0.170 99.621 0.221
201506 0.290 100.684 0.373
201509 3.780 100.392 4.873
201512 0.330 99.792 0.428
201603 0.390 100.470 0.502
201606 0.380 101.688 0.484
201609 1.300 101.861 1.652
201612 0.580 101.863 0.737
201703 0.410 102.862 0.516
201706 0.470 103.349 0.589
201709 0.330 104.136 0.410
201712 -2.160 104.011 -2.688
201803 0.330 105.290 0.406
201806 0.470 106.317 0.572
201809 0.010 106.507 0.012
201812 0.540 105.998 0.659
201903 0.570 107.251 0.688
201906 0.600 108.070 0.719
201909 0.270 108.329 0.323
201912 0.530 108.420 0.633
202003 0.070 108.902 0.083
202006 0.640 108.767 0.762
202009 0.750 109.815 0.884
202012 0.720 109.897 0.848
202103 0.700 111.754 0.811
202106 1.740 114.631 1.964
202109 0.840 115.734 0.939
202112 0.850 117.630 0.935
202203 0.760 121.301 0.811
202206 1.250 125.017 1.294
202209 1.080 125.227 1.116
202212 1.540 125.222 1.592
202303 1.330 127.348 1.352
202306 1.280 128.729 1.287
202309 1.040 129.860 1.036
202312 0.980 129.419 0.980
202403 0.930 129.419 0.930

Add all the adjusted EPS together and divide 10 will get our e10.


Sanmina  (NAS:SANM) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Sanmina's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=60.67/3.23
=18.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Sanmina was 52.91. The lowest was 11.65. And the median was 17.80.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Sanmina E10 Related Terms

Thank you for viewing the detailed overview of Sanmina's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Sanmina (Sanmina) Business Description

Traded in Other Exchanges
Address
2700 North First Street, San Jose, CA, USA, 95134
Sanmina Corp is a provider of integrated manufacturing solutions, components, and after-market services to original equipment manufacturers in the communications networks, storage, industrial, defense and aerospace end markets. The company operates in two business segments: Integrated Manufacturing Solutions, which consists of printed circuit board assembly and represents a majority of the firm's revenue; and Components, Products, and Services, which includes interconnect systems and mechanical systems. The firm generates revenue primarily in the United States, China, and Mexico, but has a presence around the world.
Executives
Eugene A Delaney director 1303 E ALGONQUIN RD, SCHAUMBURG IL 60196
Hedley David V Iii director 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Alan Mcwilliams Reid officer: Exec VP,Global Human Resources 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Jure Sola director, officer: Chairman and CEO 14899 GRANITE WAY, SARATOGA CA 95070
Mythili Sankaran director 27000 NORTH FIRST STREET, SAN JOSE CA 95134
Susan K Barnes director
Charlie Mason officer: EVP, Integrated Mfg Services 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Brent Billinger officer: SVP & Corp Controller 2700 NORTH FIRST STREET, SAN JOSE CA 95134
John Goldsberry director C/O GATEWAY, INC, 7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Kurt Adzema officer: EVP & CFO 1389 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Susan A Johnson director 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Jackie M Ward director SYSCO CORPORATION, 1390 ENCLAVE PARWAY, HOUSTON TX 77077
Mario M Rosati director 650 PAGE MILL RD, PALO ALTO CA 94304
Dennis Young officer: Exec VP Worldwide Sales 246 OVERALL PHILLIPS ROAD, ELIZABETH TOWN KY 42701
Rita S. Lane director 1303 E. ALGONQUIN ROAD, SCHAUMBURG IL 60196

Sanmina (Sanmina) Headlines

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