SANM (Sanmina) Cyclically Adjusted Revenue per Share: $143.91 (As of Mar. 2026)

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SANM Sanmina Corp SANM
93 GF Score
Price $163.78
GF Value $130.30
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Sanmina Cyclically Adjusted Revenue per Share?

Sanmina SANM -4.99% 93 Cyclically Adjusted Revenue per Share is $143.91 as of Mar. 2026. GuruFocus rates SANM with a GF Score™ of 93/100 and a GF Value™ of $130.30 (Modestly Overvalued). The stock has 3 warning signs investors should review.

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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Sanmina's adjusted revenue per share for the three months ended in Mar. 2026 was $72.826. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $143.91 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sanmina's average Cyclically Adjusted Revenue Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Sanmina was 30.50% per year. The lowest was -8.40% per year. And the median was 4.90% per year.

As of today (2026-07-30), Sanmina's current stock price is $163.775. Sanmina's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $143.91. Sanmina's Cyclically Adjusted PS Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Sanmina was 1.80. The lowest was 0.23. And the median was 0.43.


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

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Sanmina's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=163.775/143.91
=1.14

* 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 PS Ratio of Sanmina was 1.80. The lowest was 0.23. And the median was 0.43.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Sanmina Cyclically Adjusted Revenue per Share Related Terms


Sanmina Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Sanmina's Cyclically Adjusted Revenue 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.

Sanmina Cyclically Adjusted Revenue per Share Chart

Sanmina Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.32 108.68 118.76 125.52 134.02

Sanmina Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue 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 129.52 131.95 134.02 136.87 143.91

SANM vs LFUS, VICR, TTMI: Cyclically Adjusted Revenue per Share Comparison

For the Electronic Components subindustry, Sanmina's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Sanmina's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sanmina's Cyclically Adjusted PS Ratio falls into.


SANM
93GF Score
Sanmina Corp SANM
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanmina Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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 Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=72.826/330.2130*330.2130
=72.826

Current CPI (Mar. 2026) = 330.2130.

Sanmina Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 21.684 241.018 29.709
201609 21.212 241.428 29.013
201612 22.287 241.432 30.483
201703 21.605 243.801 29.263
201706 21.873 244.955 29.486
201709 22.283 246.819 29.812
201712 24.367 246.524 32.639
201803 22.772 249.554 30.132
201806 25.167 251.989 32.979
201809 27.499 252.439 35.971
201812 30.860 251.233 40.561
201903 29.766 254.202 38.667
201906 28.150 256.143 36.290
201909 26.160 256.759 33.644
201912 25.347 256.974 32.571
202003 22.016 258.115 28.166
202006 23.759 257.797 30.433
202009 27.160 260.280 34.457
202012 26.269 260.474 33.302
202103 25.385 264.877 31.647
202106 24.613 271.696 29.914
202109 24.202 274.310 29.134
202112 26.517 278.802 31.407
202203 29.797 287.504 34.223
202206 32.792 296.311 36.544
202209 37.335 296.808 41.537
202212 39.351 296.797 43.781
202303 38.785 301.836 42.431
202306 37.037 305.109 40.084
202309 34.620 307.789 37.142
202312 32.191 306.746 34.654
202403 32.374 312.332 34.227
202406 32.470 314.175 34.128
202409 35.878 315.301 37.575
202412 35.922 315.605 37.585
202503 35.742 319.799 36.906
202506 37.465 322.561 38.354
202509 38.216 324.800 38.853
202512 57.452 324.054 58.544
202603 72.826 330.213 72.826

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of $143.91 mean?
Sanmina (SANM) has a Cyclically Adjusted Revenue per Share of $143.91 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Sanmina and its competitors.
Is Sanmina's Cyclically Adjusted Revenue per Share too high?
Sanmina's current Cyclically Adjusted Revenue per Share is $143.91. Overall, Sanmina has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanmina's Cyclically Adjusted Revenue per Share compare to LFUS and VICR?
Sanmina's Cyclically Adjusted Revenue per Share of $143.91 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Sanmina and its competitors. Sanmina's current Cyclically Adjusted Revenue per Share is $143.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanmina stock overvalued right now?
Based on GuruFocus' analysis, Sanmina (SANM) is currently considered Modestly Overvalued. The stock's GF Value™ is $130.30, compared to a current price of $163.78 — trading 25.7% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $143.91. Sanmina's overall GF Score™ is 93/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Sanmina (SANM), the current Cyclically Adjusted Revenue per Share is $143.91 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sanmina (SANM) Overvalued in 2026?

Based on GuruFocus' analysis, Sanmina stock appears to be overvalued. The current stock price of $163.78 is trading 25.7% above its estimated GF Value™ of $130.30. GuruFocus considers Sanmina to be Modestly Overvalued.

Key valuation signals for SANM:

  • Cyclically Adjusted Revenue per Share: $143.91
  • GF Value™: $130.30 vs. price of $163.78 (25.7% above fair value)
  • GF Score™: 93/100 with 3 warning signs

No single metric tells the full story. See the SANM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanmina Business Description

Other Exchanges SAYN:Germany
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 mainly in the United States, China, and Mexico, but has a presence around the world.
93GF Score

Get the complete analysis for SANM

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$163.78
Price
$130.30
GF Value