SANM vs. KE
SANM (Sanmina Corporation) and KE (Kimball Electronics, Inc.) are both stocks. SANM operates in Electronic Components (Technology), while KE operates in Electrical Equipment & Parts (Industrials). Over the past 10 years, SANM returned 25.40%/yr vs 7.72%/yr for KE. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
SANM vs. KE - Performance Comparison
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Returns By Period
In the year-to-date period, SANM achieves a 68.89% return, which is significantly higher than KE's -6.65% return. Over the past 10 years, SANM has outperformed KE with an annualized return of 25.40%, while KE has yielded a comparatively lower 7.72% annualized return.
SANM
- 1D
- 4.95%
- 1M
- 2.84%
- YTD
- 68.89%
- 6M
- 65.77%
- 1Y
- 182.08%
- 3Y*
- 64.62%
- 5Y*
- 45.86%
- 10Y*
- 25.40%
KE
- 1D
- 2.65%
- 1M
- 5.57%
- YTD
- -6.65%
- 6M
- -9.07%
- 1Y
- 37.77%
- 3Y*
- -0.37%
- 5Y*
- 3.60%
- 10Y*
- 7.72%
SANM vs. KE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SANM Sanmina Corporation | 68.89% | 98.32% | 47.30% | -10.33% | 38.18% | 30.01% | -6.86% | 42.31% | -27.09% | -9.96% |
KE Kimball Electronics, Inc. | -6.65% | 48.53% | -30.50% | 19.30% | 3.81% | 36.09% | -8.89% | 13.30% | -15.12% | 0.27% |
Correlation
The correlation between SANM and KE is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2014 | 0.53 |
The correlation between SANM and KE has been stable across timeframes, ranging from 0.53 to 0.60 - a consistent structural relationship.
Fundamentals
SANM:
$14.02B
KE:
$640.11M
SANM:
$4.72
KE:
$1.05
SANM:
53.65
KE:
24.75
SANM:
1.23
KE:
0.45
SANM:
$11.34B
KE:
$1.44B
SANM:
$968.36M
KE:
$115.15M
SANM:
$365.81M
KE:
$77.66M
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Return for Risk
SANM vs. KE — Risk / Return Rank
SANM
KE
SANM vs. KE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sanmina Corporation (SANM) and Kimball Electronics, Inc. (KE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SANM | KE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.91 | ||
| Sortino ratioReturn per unit of downside risk | +1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.19 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 5.60 | 1.20 | +4.41 |
| Martin ratioReturn relative to average drawdown | 13.88 | 2.26 | +11.61 |
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Drawdowns
SANM vs. KE - Drawdown Comparison
The maximum SANM drawdown since its inception was -99.66%, which is greater than KE's maximum drawdown of -58.50%. Use the drawdown chart below to compare losses from any high point for SANM and KE.
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Drawdown Indicators
| SANM | KE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.66% | -58.50% | -41.16% |
Max Drawdown (1Y)Largest decline over 1 year | -32.69% | -31.69% | -1.00% |
Max Drawdown (3Y)Largest decline over 3 years | -32.69% | -58.50% | +25.81% |
Max Drawdown (5Y)Largest decline over 5 years | -33.92% | -58.50% | +24.58% |
Max Drawdown (10Y)Largest decline over 10 years | -55.85% | -58.50% | +2.65% |
Current DrawdownCurrent decline from peak | -28.40% | -21.61% | -6.79% |
Average DrawdownAverage peak-to-trough decline | -71.40% | -23.81% | -47.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.18% | 16.73% | -3.55% |
Volatility
SANM vs. KE - Volatility Comparison
Sanmina Corporation (SANM) has a higher volatility of 18.87% compared to Kimball Electronics, Inc. (KE) at 12.75%. This indicates that SANM's price experiences larger fluctuations and is considered to be riskier than KE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SANM | KE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.87% | 12.75% | +6.12% |
Volatility (6M)Calculated over the trailing 6-month period | 48.93% | 40.43% | +8.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.46% | 49.13% | +19.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.58% | 40.88% | +3.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.13% | 39.79% | +2.34% |
Dividends
SANM vs. KE - Dividend Comparison
Neither SANM nor KE has paid dividends to shareholders.
Financials
SANM vs. KE - Financials Comparison
This section allows you to compare key financial metrics between Sanmina Corporation and Kimball Electronics, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
SANM vs. KE - Profitability Comparison
SANM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sanmina Corporation reported a gross profit of 354.98M and revenue of 4.01B. Therefore, the gross margin over that period was 8.9%.
KE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kimball Electronics, Inc. reported a gross profit of 27.82M and revenue of 352.92M. Therefore, the gross margin over that period was 7.9%.
SANM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sanmina Corporation reported an operating income of 157.01M and revenue of 4.01B, resulting in an operating margin of 3.9%.
KE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kimball Electronics, Inc. reported an operating income of 11.76M and revenue of 352.92M, resulting in an operating margin of 3.3%.
SANM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sanmina Corporation reported a net income of 93.65M and revenue of 4.01B, resulting in a net margin of 2.3%.
KE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kimball Electronics, Inc. reported a net income of 5.72M and revenue of 352.92M, resulting in a net margin of 1.6%.
Frequently Asked Questions
SANM and KE have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SANM has higher volatility (18.87%) compared to KE (12.75%). In terms of maximum drawdown, SANM dropped -99.66% vs KE's -58.50%.
SANM currently has the higher Sharpe Ratio (2.68 vs 0.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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