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SANM (Sanmina) Cyclically Adjusted FCF per Share : $3.07 (As of Dec. 2024)


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What is Sanmina Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Sanmina's adjusted free cash flow per share for the three months ended in Dec. 2024 was $0.839. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $3.07 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Sanmina's average Cyclically Adjusted FCF Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 13.30% 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 Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Sanmina was 176.90% per year. The lowest was -26.40% per year. And the median was 5.85% per year.

As of today (2025-03-30), Sanmina's current stock price is $76.65. Sanmina's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was $3.07. Sanmina's Cyclically Adjusted Price-to-FCF of today is 24.97.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sanmina was 35.27. The lowest was 10.40. And the median was 19.62.


Sanmina Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sanmina's Cyclically Adjusted FCF per Share 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 Cyclically Adjusted FCF per Share Chart

Sanmina Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.35 2.69 3.01 2.82 2.93

Sanmina Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted FCF per Share 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 2.93 3.08 3.01 2.93 3.07

Competitive Comparison of Sanmina's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Sanmina's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sanmina's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sanmina's Cyclically Adjusted Price-to-FCF falls into.


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Sanmina Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

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

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 Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.839/133.1571*133.1571
=0.839

Current CPI (Dec. 2024) = 133.1571.

Sanmina Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.542 99.621 0.724
201506 1.026 100.684 1.357
201509 -0.528 100.392 -0.700
201512 0.416 99.792 0.555
201603 1.446 100.470 1.916
201606 0.715 101.688 0.936
201609 0.858 101.861 1.122
201612 0.418 101.863 0.546
201703 0.708 102.862 0.917
201706 0.352 103.349 0.454
201709 0.308 104.136 0.394
201712 -0.560 104.011 -0.717
201803 0.043 105.290 0.054
201806 0.490 106.317 0.614
201809 0.573 106.507 0.716
201812 -1.630 105.998 -2.048
201903 0.979 107.251 1.215
201906 1.894 108.070 2.334
201909 2.178 108.329 2.677
201912 -0.095 108.420 -0.117
202003 1.652 108.902 2.020
202006 0.780 108.767 0.955
202009 0.988 109.815 1.198
202012 0.755 109.897 0.915
202103 0.996 111.754 1.187
202106 1.277 114.631 1.483
202109 0.921 115.734 1.060
202112 0.648 117.630 0.734
202203 0.804 121.301 0.883
202206 1.036 125.017 1.103
202209 0.565 125.227 0.601
202212 0.003 125.222 0.003
202303 0.028 127.348 0.029
202306 0.073 128.729 0.076
202309 0.635 129.860 0.651
202312 1.576 129.419 1.622
202403 0.753 131.776 0.761
202406 1.185 132.554 1.190
202409 0.485 133.029 0.485
202412 0.839 133.157 0.839

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Sanmina  (NAS:SANM) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Sanmina's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=76.65/3.07
=24.97

* 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 Cyclically Adjusted Price-to-FCF of Sanmina was 35.27. The lowest was 10.40. And the median was 19.62.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Sanmina Cyclically Adjusted FCF per Share Related Terms

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


Sanmina Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sanmina Corp (NAS:SANM) » Definitions » Cyclically Adjusted FCF per Share
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 operations are managed as two businesses: 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
Hedley David V Iii director 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Mario M Rosati director 650 PAGE MILL RD, PALO ALTO CA 94304
Alan Mcwilliams Reid officer: Exec VP,Global Human Resources 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Eugene A Delaney director 1303 E ALGONQUIN RD, SCHAUMBURG IL 60196
Susan A Johnson director 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Charlie Mason officer: EVP, Integrated Mfg Services 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Jure Sola director, officer: Chairman and CEO 14899 GRANITE WAY, SARATOGA CA 95070
Krish A Prabhu director
Licata Joseph G Jr director C/O SANMINA-SCI, 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Mythili Sankaran director 27000 NORTH FIRST STREET, SAN JOSE CA 95134
Susan K Barnes director
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
Jackie M Ward director SYSCO CORPORATION, 1390 ENCLAVE PARWAY, HOUSTON TX 77077