Sanmina Corporation (NASDAQ:SANM) is a company in the Diversified Electronics industry and that’s how we compare it to its peers. The comparing will be based on the institutional ownership, profitability, risk, analyst recommendations, dividends, earnings and valuation.

Insider & Institutional Ownership

Sanmina Corporation has 94.5% of its shares held by institutional investors versus an average of 54.43% institutional ownership for its peers. 2% of Sanmina Corporation shares are held by company insiders. Comparatively, 11.62% of all Diversified Electronics companies shares are held by company insiders.

Profitability

Table 1 has Sanmina Corporation and its peers’ return on assets, return on equity and net margins.

	Net Margins	Return on Equity	Return on Assets
Sanmina Corporation	1.29%	6.50%	2.40%
Industry Average	93.21%	14.20%	9.04%

Earnings and Valuation

In next table we are comparing Sanmina Corporation and its peers’ valuation, net income and top-line revenue.

	Net Income	Gross Revenue	Price/Earnings Ratio
Sanmina Corporation	97.33M	7.55B	23.77
Industry Average	160.24M	171.90M	21.51

Sanmina Corporation has higher revenue and P/E Ratio than its peers. With currently higher price-to-earnings ratio Sanmina Corporation is more expensive than its peers.

Analyst Recommendations

Table 3 shows summary of recent ratings for Sanmina Corporation and its peers.

	Sell Ratings	Hold Ratings	Buy Ratings	Rating Score
Sanmina Corporation	0	1	0	2.00
Industry Average	1.00	1.25	1.50	2.42

The potential upside of the peers is 141.71%. The research analysts’ belief based on the data delivered earlier is that Sanmina Corporation is looking more favorable than its peers.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of Sanmina Corporation and its peers.

	Performance (W)	Performance (M)	Performance (Q)	Performance (HY)	Performance (Y)	Performance (YTD)
Sanmina Corporation	-3.31%	1.86%	16.91%	1.76%	15.43%	32.17%
Industry Average	2.98%	12.87%	20.27%	15.03%	23.92%	29.60%

For the past year Sanmina Corporation has stronger performance than Sanmina Corporation’s competitors.

Liquidity

Sanmina Corporation has a Current Ratio of 1.3 and a Quick Ratio of 0.9. Competitively, Sanmina Corporation’s peers Current Ratio is 3.37 and has 2.52 Quick Ratio. Sanmina Corporation’s competitors have better ability to pay short and long-term obligations than Sanmina Corporation.

Volatility & Risk

Sanmina Corporation has a beta of 1.06 and its 6.00% more volatile than Standard and Poor’s 500. Competitively, Sanmina Corporation’s peers are 14.97% more volatile than Standard and Poor’s 500, because of the 1.15 beta.

Dividends

Sanmina Corporation does not pay a dividend.

Summary

Sanmina Corporation beats on 4 of the 6 factors Sanmina Corporation’s competitors.

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. The company offers product design and engineering solutions comprising concept development, detailed design, prototyping, validation, preproduction, and manufacturing design release; manufacturing solutions of components, subassemblies, and complete systems; final system assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services. It also provides interconnect systems, such as printed circuit board fabrication, backplane, and cable assemblies; and mechanical systems, including enclosures, precision machining, and plastic injection molding; non-volatile DIMMs, solid state drives, and DRAM solutions; defense and aerospace products; storage products; and optical and radio frequency modules. The company offers its services to original equipment manufacturers in the communications networks, computing and storage, multimedia, industrial and semiconductor capital equipment, defense and aerospace, medical, energy and clean technology, and automotive industries. The company was formerly known as Sanmina-SCI Corporation and changed its name to Sanmina Corporation in November 2012. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California.