Shares of SANM traded higher by 1.33% or $0.18/share to $13.71. NASDAQ is trading at a price to book ratio of 1.1. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 1.09 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.19. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 562312 shares of SANM exchange hands on a given day and today's volume is recorded at 225439. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Sanmina Corporation, formerly Sanmina-SCI Corporation, is a provider of integrated manufacturing solutions, components, products and repair, logistics and after-market services.
