OSI Systems, Inc. (OSIS) vs Sanmina Corporation (SANM)

OSI Systems, Inc. and Sanmina Corporation are both Electronic Components companies. Sanmina Corporation is the larger, with a market value of $7.0B against $3.0B — 2.3× the size. OSI Systems, Inc. trades at the lower P/E: 20.5× against 23.0×. Sanmina Corporation grew revenue faster over the last twelve months: 58.6% against 2.91%. OSI Systems, Inc. has the higher net margin (8.79% vs 2.41%) and the lower return on invested capital (9.27% vs 10.7%). Across the 22 metrics below, OSI Systems, Inc. leads on 11 and Sanmina Corporation on 11.

Valuation

Metric OSIS SANM Electronic Components median
P/E 20.53 22.95 24.82
P/S 1.69 0.55 2.28
P/B 3.91 2.78 2.86
Price to free cash flow 12.18 11.76 22.99
EV/EBITDA 14.19 9.91 14.69
EV/Sales 2.08 0.58 2.38
Earnings yield 4.87% 4.36% 2.68%
Free cash flow yield 8.21% 8.50% 1.70%

Profitability

Metric OSIS SANM Electronic Components median
Gross margin 32.90% 9.01% 32.78%
Operating margin 12.16% 4.15% 4.90%
Net margin 8.79% 2.41% 3.46%
Free cash flow margin 13.91% 4.69% 1.66%
Return on equity 18.36% 0.00% 5.59%
Return on assets 6.63% 4.12% 4.13%
Return on invested capital 9.27% 10.74% 4.66%

Growth

Metric OSIS SANM Electronic Components median
Revenue growth (TTM) 2.91% 58.56% 13.94%
EPS growth (last fiscal year) 2.76% 14.07% 35.44%
Revenue growth, 5-year CAGR 9.26% 3.18% 6.70%
Net income growth, 5-year CAGR 15.88% 13.05% 7.53%

Health

Metric OSIS SANM Electronic Components median
Debt to equity 1.28 0.79 0.11
Current ratio 2.89 1.78 2.50
Net debt to EBITDA 2.42 (1.32) 0.41

Dividend

Metric OSIS SANM Electronic Components median
Dividend yield — — 1.10%
Payout ratio — — 0.28

Size

Metric OSIS SANM Electronic Components median
Market cap 3.01b 6.98b 1.16b

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