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Sigmatron International Inc   (SGMA)
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    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
 
Price: $3.5300 $-0.06 -1.534%
Day's High: $3.59 Week Perf: -1.53 %
Day's Low: $ 3.53 30 Day Perf: 11.01 %
Volume (M): 3 52 Wk High: $ 7.89
Volume (M$): $ 12 52 Wk Avg: $3.62
Open: $3.58 52 Wk Low: $2.07



 Market Capitalization (Millions $) 22
 Shares Outstanding (Millions) 6
 Employees 2,993
 Revenues (TTM) (Millions $) 397
 Net Income (TTM) (Millions $) -23
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 5

Sigmatron International Inc
SigmaTron is a Delaware corporation, which was organized on November 16, 1993, and commenced operations when it became the successor to all of the assets and liabilities of SigmaTron L.P., an Illinois limited partnership, through a reorganization on February 8, 1994.

The Company operates in one business segment as an independent provider of electronic manufacturing services (“EMS”), which includes printed circuit board assemblies and completely assembled (box-build) electronic products. In connection with the production of assembled products, the Company also provides services to its customers, including (1) automatic and manual assembly and testing of products; (2) material sourcing and procurement; (3) manufacturing and test engineering support; (4) design services; (5) warehousing and distribution services; and (6) assistance in obtaining product approval from governmental and other regulatory bodies. The Company provides these manufacturing services through an international network of facilities located in the United States, Mexico, China, Vietnam and Taiwan.

The Company provides a broad range of electronic and electromechanical manufacturing related outsourcing solutions for its customers. These solutions incorporate the Company’s knowledge and expertise in the EMS industry to provide its customers with an international network of manufacturing facilities, advanced manufacturing technologies, complete supply chain management, responsive and flexible customer service, as well as product design, test and engineering support. The Company’s EMS solutions are available from inception of product concept through the ultimate delivery of a finished product. Such technologies and services include the following:

Manufacturing and Testing Services: The Company’s core business is the assembly and testing of all types of electronic printed circuit board assemblies (“PCBA”) and often incorporating these PCBAs into electronic modules used in all types of devices and products that depend on electronics for their operation. This assembly work utilizes state of the art manufacturing and test equipment to deliver highly reliable products to the Company’s customers. The Company supports new product introduction (“NPI”), low volume / high mix as well as high volume/ low mix assembly work at all levels of complexity. Assembly services include pin-through-hole (“PTH”) components, surface mount (“SMT”) components, including ball grid array (“BGA”), part-on-part components, conformal coating, parylene coating and others. Test services include and are not limited to, in-circuit, automated optical inspection (“AOI”), functional, burn-in, hi-pot and boundary scan. From simple component assembly through the most complicated industry testing, the Company offers most of the services required to build electronic devices commercially available in the market today.

Design Services: To compliment the manufacturing services it offers its customers, the Company also offers DFM, design for manufacturing and DFT, design for test review services to help customers ensure that the products they have designed are optimized for production and testing. The Company also offers complete product design services.

Supply Chain Management: The Company provides complete supply chain management for the procurement of components needed to build customers’ products. This includes the procurement and management of all types of electronic components and related mechanical parts such as plastics and metals. The Company’s resources supporting this activity are provided both on a plant specific basis as well as globally through its IPO in Taipei, Taiwan. Each of its sites is linked together using the same Enterprise Resource Planning (“ERP”) system and custom IScore software tools with real-time on-line visibility for customer access. The Company procures material from major manufacturers and distributors of electronic parts all over the world.

The Company relies on numerous third-party suppliers for components used in the Company’s production process. Certain of these components are available only from single-sources or a limited number of suppliers. In addition, a customer’s specifications may require the Company to obtain components from a single-source or a small number of suppliers. In the past twelve months the component marketplace has experienced shortages of various components, which in some cases has delayed delivery of product to customers. The loss of any such suppliers could have a material impact on the Company’s results of operations. Further, the Company could operate at a cost disadvantage compared to competitors who have greater direct buying power from suppliers. The Company does not enter into long-term purchase agreements with major or single-source suppliers. The Company believes that short-term purchase orders with its suppliers provides flexibility, given that the Company’s orders are based on the changing needs of its customers.

Warehousing and Distribution: The Company provides both in-house and third party warehousing, shipping, and customs brokerage for border crossings as part of its service offering. This includes international shipping, drop shipments to the end customer, as well as, support of inventory optimization activities such as kanban and consignment.

Green, Sustainability, and Social Responsible Initiatives: The Company supports initiatives that promote sustainability, green environment and social responsibility. The Company requires its supply chain to meet all government imposed requirements in these areas and helps its customers in achieving effective compliance. Those include, but are not limited to, Restrictions of Hazardous Substances (“RoHS”), Restriction of Chemicals (“REACH”) and Conflict Minerals regulations.

Manufacturing Location and Certifications: The Company’s manufacturing and warehousing locations are strategically located to support our customers with locations in Elk Grove Village, Illinois U.S.; Union City, California U.S.; Acuna, Chihuahua and Tijuana, Mexico; Suzhou, China and Ho Chi Minh City, Vietnam. The Company’s ability to transition manufacturing to lower cost regions without jeopardizing flexibility and service, differentiates it from many competitors. Manufacturing certifications and registrations are location specific, and include ISO 9001:2008, ISO 9001:2015, ISO 14001:2004, ISO 14001:2015, ISOTS 16949, Medical ISO 13485:2003, Aerospace AS9100D and International Traffic in Arms Regulations (“ITAR”) certifications.



   Company Address: 2201 Landmeier Road Elk Grove Village 60007 IL
   Company Phone Number: 956-8000   Stock Exchange / Ticker: NASDAQ SGMA
   SGMA is expected to report next financial results on May 17, 2024.


Customers Net Income grew by SGMA's Customers Net Profit Margin grew to

43.02 %

16.09 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BHE        1.62% 
JBL        4.15% 
KE   -1.07%    
PLXS        0.4% 
SANM        5.74% 
TTMI   -0.72%    
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Sigmatron International Inc

Sigmatron International Inc Reports Dip in Revenue and Zero Gain Per Share in Q4 2023

In the financial interval ending October 31, 2023, Sigmatron International Inc, an electronic manufacturing services company, reported a zero gain of $0.00 per share. This is a decrease compared to the $0.14 per share gain in the previous year and the $0.04 per share gain in the previous reporting period.
The company also experienced a decline in revenue, with a decrease of -9.191% to $98.69 million compared to $108.68 million in the same reporting period a year before. However, there was a sequential revenue increase of 1.061% from $97.65 million in the previous quarter.

Sigmatron International Inc

Revenue Drop and Income Decline by 81.82%

Sigmatron International Inc is a leading semiconductor company that has recently faced some challenges in its financial performance. The company saw a significant drop in revenue, which resulted in a sharp decline in its income by -81.82% to $0.04 per share, compared to $0.22 per share in the previous year. The revenue for the fiscal period ending July 31, 2023, decreased by -7.503% to $97.65 million, compared to the corresponding quarter a year earlier.
In the preceding quarter, the company generated revenue of $106.97 million, with a bottom line of $0.04 per share. The earnings for the period ending July 31, 2023, also experienced a significant decline of -80.96% from $1.377 million in the same period the previous year, reaching $0.262 million.

Sigmatron International Inc

Sigmatron International Inc Defies Odds with Remarkable 7.8% Revenue Surge in Q4 2023 Despite EPS Dip

Bearish Article: Sigmatron International Inc Faces Profitability Concerns and Declining Investor Confidence
Sigmatron International Inc (SGMA), a semiconductor company, recently announced its financial results for the fourth quarter of 2023. While the company reported a rise in revenue by 7.799% during this period, its earnings per share (EPS) witnessed a significant decline, falling from $0.09 per share to a mere $0.04 per share. This decline in EPS is particularly alarming given that the company had already been struggling with negative EPS of $-3.80 per share in the previous quarter.
The bottom-line figures also raise concerns for Sigmatron International Inc. The company reported a profit of only $0.254 million in the most recent fiscal period, marking a sharp decrease of -60.45% from the break-even point during the same period a year ago. This implies that the company's profitability has deteriorated significantly, casting doubt on its ability to generate strong returns for investors.






 

Sigmatron International Inc's Segments
 
 
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