Plexus (PLXS) vs Sanmina (SANM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Plexus (PLXS) has outperformed Sanmina (SANM) over the past year, gaining 77.5% versus a gain of 56.3%. Over five years, SANM leads with a +432.6% price change compared with +179.6% for PLXS. Sanmina is the larger company by market cap ($11.66 billion vs $7.00 billion), about 1.7 times the size.
On valuation, Sanmina trades at a lower forward P/E (15.6x vs 25.9x for Plexus). Plexus converts more of its revenue into profit, with a net margin of 4.3% versus 3.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | PLXS | SANM |
|---|---|---|
| Share price | $262.54 | $217.49 |
| Market cap | $7.00B | $11.66B |
| 1-day change | +0.44% | +3.33% |
| YTD return | +77.81% | +40.25% |
| 1-year return | +77.47% | +56.28% |
| 5-year return | +179.64% | +432.59% |
| P/E ratio (TTM) | 38.78 | 38.91 |
| Forward P/E | 25.94 | 15.63 |
| EPS (TTM) | $6.77 | $5.59 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $4.03B | $8.13B |
| Revenue growth (YoY) | +1.82% | +7.40% |
| Net income (latest FY) | $172.88M | $245.89M |
| Gross margin | 10.08% | 8.81% |
| Operating margin | 5.02% | 4.36% |
| Net margin | 4.29% | 3.03% |
| 52-week high | $307.06 | $288.68 |
| 52-week low | $132.03 | $118.10 |
| Distance from 52-week high | -14.50% | -24.66% |
| Analyst consensus | none | none |
| Avg. price target upside | +16.02% | +19.55% |
| Average volume | 255.29K | 675.74K |
| Shares outstanding | 26.65M | 53.60M |
| Employees | 20,000 | 35,000 |
| Sector | Technology | Technology |
| Industry | Electrical Products | Electrical Products |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- PLXS has outperformed SANM by 21.2 percentage points over the past year.
- Sanmina grew revenue faster in its latest fiscal year (+7.40% vs +1.82%).
About Plexus
PLXS stock →Plexus Corp. provides electronic manufacturing services in the United States, the Asia-Pacific, Europe, the Middle East, and Africa.
Technology · Electrical Products · 20,000 employees
About Sanmina
SANM stock →Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through two businesses: Integrated Manufacturing Solutions; and Components, Products and Services.
Technology · Electrical Products · 35,000 employees
PLXS vs SANM FAQ
Which is bigger, Plexus or Sanmina?
Sanmina (SANM) is larger, with a market capitalization of $11.66B compared with $7.00B for Plexus (PLXS).
Which stock has performed better over the past year, PLXS or SANM?
PLXS returned +77.47% over the past 12 months, compared with +56.28% for SANM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, PLXS or SANM?
PLXS has the lower trailing P/E at 38.8, versus 38.9 for SANM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Plexus and Sanmina in the same industry?
Yes. Both are classified in the Electrical Products industry within the Technology sector.