Plexus vs Sanmina
PLXS and SANM side by side, both in electronic components and accessories. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How PLXS and SANM compare
Sanmina is the larger company, worth 1.6 times as much as Plexus ($8.9B against $5.5B).
On earnings, Sanmina is cheaper: it trades at 29.6× trailing earnings, against 30.7× for Plexus.
Sanmina grew revenue faster over the last twelve months (58.6% versus 1.8% for Plexus).
Plexus keeps more of each dollar of sales as profit, with a net margin of 4.6% compared with 2.4% at Sanmina.
Plexus scores higher on the StockData Score (13 against 10 for Sanmina), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | PLXS | SANM |
|---|---|---|
| Size and price | ||
| Market cap | $5.5B | $8.9B |
| Share price | $207.96 | $165.57 |
| Change, 1 year | 49.1% | 19.9% |
| Change, 5 years | 120% | 283% |
| Beta (5Y) | 0.90 | 1.24 |
| Employees | 20K | 39K |
| StockData Score | ||
| Total score | 13 (better) | 10 |
| Valuation score | 2 | 2 |
| Growth score | 3 | 4 (better) |
| Performance score | 5 (better) | 1 |
| Health score | 3 | 3 |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/E | 30.7× | 29.6× (better) |
| P/S | 1.4× | 0.7× (better) |
| P/B | 3.6× | – |
| EV/EBITDA | 17.0× | 13.2× (better) |
| P/FCF | 89.6× | 14.9× (better) |
| PEG | 3.48 (better) | 5.49 |
| FCF yield | 1.1% | 6.7% (better) |
| Fair value | $182.17 | $164.35 |
| Margin of safety | −14.2% | −0.74% (better) |
| Growth | ||
| Revenue growth (TTM) | 1.8% | 58.6% (better) |
| Revenue growth, 5Y average | 2.9% | 3.2% (better) |
| Net income growth (TTM) | 14.0% | 18.9% (better) |
| EPS growth (TTM) | 15.5% | 19.7% (better) |
| EPS growth, 5Y average | 9.8% | 18.9% (better) |
| Profitability | ||
| Gross margin | 11.4% (better) | 9.0% |
| Operating margin | 5.7% (better) | 4.2% |
| Net margin | 4.6% (better) | 2.4% |
| FCF margin | 1.5% | 4.7% (better) |
| Return on equity | 12.6% | – |
| Return on invested capital | 16.6% | – |
| Financial health | ||
| Net debt / EBITDA | – | 0.47 |
| Interest coverage | 18.0× (better) | 5.6× |
| Current ratio | 1.49 | 1.78 (better) |
| Altman Z-score | 4.03 (better) | 2.68 |
| Piotroski F-score | 9 (better) | 8 |
| Dividends and buybacks | ||
| Buyback yield | 1.5% | – |
| Shareholder yield | 1.5% (better) | 0.00% |
| Ownership | ||
| Held by institutions | 101% | 93.8% |
| Held by insiders | 1.4% | 3.4% |
| Insider net buying, 12 months | −$23.7M (better) | −$42.9M |
| Short interest, % of float | 3.5% | 3.3% |
Go deeper
- PLXS stock overview
- PLXS income statement
- PLXS valuation and score
- SANM stock overview
- SANM income statement
- SANM valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.