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Sanmina Corp SANM Unallocated corporate items — Restructuring Charges

Discontinued — last reported Q4 '20

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Other financials

Income statement

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Revenue$4.0B+102%
Gross profit$353.8M+101%
Operating income$157.0M+71.4%
Net income$93.6M+45.8%
EPS (diluted)$1.70+46.6%

Balance sheet

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Cash & equivalents$1.6B+137%
Total debt$2.4B+561%
Total equity$2.6B+9.0%
Total assets$9.7B+94.7%

Cash flow

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Operating cash flow$398.8M+154%
CapEx$56.7M+84.7%
Free cash flow$342.0M+171%

Valuation

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Market cap$12.94B+172%
Enterprise value$13.74B+214%
P/E49.9×+30.2×
P/S1.1×+0.5×

Profitability

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Gross margin8.5%0.0pp
Operating margin3.6%-0.9pp
Net margin2.3%-0.8pp
FCF margin6.5%+3.1pp

Returns & leverage

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Return on equity10.4%+0.1pp
Debt / equity0.9×+0.8×
Current ratio1.7×-0.2×

Where this comes from

Reported directly by Sanmina Corp in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The official record: Sanmina Corp’s 10-K, filed November 13, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does unallocated corporate items — restructuring charges mean?
These are one-time costs related to reorganizing or downsizing the company's operations that are not tied to a specific business unit.
How do you interpret unallocated corporate items — restructuring charges?
An increase in these charges typically indicates active restructuring or cost-cutting initiatives, which may signal short-term financial pressure but potential long-term margin improvement. A decrease suggests that the company has completed its major reorganization phases and is focusing on operational stability.
How does unallocated corporate items — restructuring charges compare across companies?
Peers in the electronics manufacturing services industry frequently report similar restructuring charges during periods of capacity consolidation or shifts in manufacturing footprint, often categorized as non-recurring or special items.