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Sanmina (STU:SAYN) Cyclically Adjusted FCF per Share : €2.82 (As of Mar. 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 Mar. 2024 was €0.693. 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 €2.82 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sanmina's average Cyclically Adjusted FCF Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 13.50% 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 6.30% per year.

As of today (2024-05-25), Sanmina's current stock price is €61.34. Sanmina's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.82. Sanmina's Cyclically Adjusted Price-to-FCF of today is 21.75.

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 19.17.


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 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 2.03 2.33 3.08 2.70

Sanmina Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.64 2.58 2.70 2.69 2.82

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.



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 Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.693/131.7762*131.7762
=0.693

Current CPI (Mar. 2024) = 131.7762.

Sanmina Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.190 100.560 1.559
201409 0.773 100.428 1.014
201412 -0.326 99.070 -0.434
201503 0.501 99.621 0.663
201506 0.915 100.684 1.198
201509 -0.471 100.392 -0.618
201512 0.382 99.792 0.504
201603 1.299 100.470 1.704
201606 0.636 101.688 0.824
201609 0.765 101.861 0.990
201612 0.396 101.863 0.512
201703 0.662 102.862 0.848
201706 0.313 103.349 0.399
201709 0.258 104.136 0.326
201712 -0.473 104.011 -0.599
201803 0.035 105.290 0.044
201806 0.420 106.317 0.521
201809 0.491 106.507 0.607
201812 -1.433 105.998 -1.782
201903 0.866 107.251 1.064
201906 1.676 108.070 2.044
201909 1.978 108.329 2.406
201912 -0.085 108.420 -0.103
202003 1.495 108.902 1.809
202006 0.693 108.767 0.840
202009 0.838 109.815 1.006
202012 0.621 109.897 0.745
202103 0.837 111.754 0.987
202106 1.060 114.631 1.219
202109 0.783 115.734 0.892
202112 0.574 117.630 0.643
202203 0.730 121.301 0.793
202206 0.980 125.017 1.033
202209 0.570 125.227 0.600
202212 0.003 125.222 0.003
202303 0.026 127.348 0.027
202306 0.050 128.729 0.051
202309 0.612 129.860 0.621
202312 1.446 129.419 1.472
202403 0.693 131.776 0.693

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


Sanmina  (STU:SAYN) 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
=61.34/2.82
=21.75

* 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 19.17.


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 (STU:SAYN) Business Description

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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.

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