SANM (Sanmina) EV-to-OCF: 12.16 (As of Aug. 19, 2026) — 21% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SANM Sanmina Corp SANM
91 GF Score
Price $194.57
GF Value $144.52
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Sanmina EV-to-OCF?

Sanmina SANM -1.75% 91 EV-to-OCF is 12.16 as of Aug. 19, 2026, which is 21% above its 10-year median of 10.02. GuruFocus rates SANM with a GF Score™ of 91/100 and a GF Value™ of $144.52 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,497 Hardware companies, Sanmina ranks worse than 57.31% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Sanmina's Enterprise Value is $10,954 Mil. Sanmina's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $901 Mil. Therefore, Sanmina's EV-to-OCF for today is 12.16.

The historical rank and industry rank for Sanmina's EV-to-OCF or its related term are showing as below:

SANM' s EV-to-OCF Range Over the Past 10 Years
Min: 3.07   Med: 10.02   Max: 37.87
Current: 12.16

During the past 13 years, the highest EV-to-OCF of Sanmina was 37.87. The lowest was 3.07. And the median was 10.02.

SANM's EV-to-OCF is ranked worse than
57.31% of 2497 companies
in the Hardware industry
Industry Median: 8.45 vs SANM: 12.16

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-19), Sanmina's stock price is $194.57. Sanmina's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $5.590. Therefore, Sanmina's PE Ratio (TTM) for today is 34.81.


Sanmina  (NAS:SANM) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Sanmina's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=194.57/5.590
=34.81

Sanmina's share price for today is $194.57.
Sanmina's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.590.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Sanmina EV-to-OCF Related Terms


Sanmina EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Sanmina's EV-to-OCF 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 EV-to-OCF Chart

Sanmina Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.38 7.44 12.35 10.43 9.19

Sanmina Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF 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 10.35 9.19 12.36 7.91 15.64

SANM vs LFUS, VICR, TTMI: EV-to-OCF Comparison

For the Electronic Components subindustry, Sanmina's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Hardware Industry

For the Hardware industry and Technology sector, Sanmina's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Sanmina's EV-to-OCF falls into.


SANM
91GF Score
Sanmina Corp SANM
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanmina EV-to-OCF Calculation

Sanmina's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=10953.736/901.056
=12.16

Sanmina's current Enterprise Value is $10,954 Mil.
Sanmina's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $901 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 12.16 mean?
Sanmina (SANM) has a EV-to-OCF of 12.16 as of Aug. 19, 2026. This is 21% above median its historical median of 10.02. Over the past decade, Sanmina's EV-to-OCF has ranged from 3.07 to 37.87. According to the industry distribution chart, Sanmina ranks #1431 out of 2497 companies in the Hardware industry, placing it in the top 57.3%.
Is Sanmina's EV-to-OCF too high?
Sanmina's current EV-to-OCF of 12.16 is 21% above median its 10-year median of 10.02. Over the past 10 years, this metric has ranged from a low of 3.07 to a high of 37.87. The Hardware industry median EV-to-OCF is 8.45. Sanmina's value of 12.16 is 43.9% above this industry median. Based on the distribution chart, Sanmina ranks #1431 out of 2497 companies in the Hardware industry, which is below the industry midpoint. Overall, Sanmina has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sanmina's EV-to-OCF compare to LFUS and VICR?
According to the Hardware industry distribution chart, Sanmina ranks #1431 out of 2497 companies for EV-to-OCF. This places Sanmina in the lower half of its industry. The industry median EV-to-OCF is 8.45. Sanmina's value of 12.16 is 43.9% above this benchmark. Historically, Sanmina's own EV-to-OCF has ranged from 3.07 to 37.87 over the past decade. While the company's 10-year median is 10.02 vs. the industry median of 8.45, Sanmina has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Hardware company?
The median EV-to-OCF among Hardware companies is 8.45, based on 2,497 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sanmina's current EV-to-OCF of 12.16 is 43.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median EV-to-OCF is 8.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanmina's current EV-to-OCF is 12.16, which is 21% above median its own 10-year median of 10.02. 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 Significantly Overvalued. The stock's GF Value™ is $144.52, compared to a current price of $194.57 — trading 34.6% above its estimated fair value. The current EV-to-OCF is 12.16, which is 21% above median its 10-year median of 10.02 and 43.9% above the Hardware industry median of 8.45. Sanmina's overall GF Score™ is 91/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Sanmina (SANM), the current EV-to-OCF is 12.16 as of Aug. 19, 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 $194.57 is trading 34.6% above its estimated GF Value™ of $144.52. GuruFocus considers Sanmina to be Significantly Overvalued.

Key valuation signals for SANM:

  • EV-to-OCF: 12.16 (21% above median its 10-year median of 10.02)
  • GF Value™: $144.52 vs. price of $194.57 (34.6% above fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 43.9% above the Hardware median (#1431 of 2497)

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.
91GF Score

Get the complete analysis for SANM

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$194.57
Price
$144.52
GF Value