DSWL vs JBL vs SANM Stock Comparison

Deswell Industries, Jabil and Sanmina Prices as of Oct 28, 2026 Peers: Industry group
DSWL Deswell Industries Inc
$2.95 -4.5% 1M -16.4% 1Y
Market cap
$47.13M
P/E
4.4x
Revenue (TTM)
—
Div. yield
–
Electronic Manufacturing Services Technology
3 wins
JBL Jabil Inc
$291.00 -8.8% 1M +35.7% 1Y
Market cap
$30.43B
P/E
29.2x
Revenue (TTM)
$35.95B
Div. yield
–
Electronic Manufacturing Services Technology
5 wins
SANM Sanmina Corp
$175.78 -20.1% 1M +30.3% 1Y
Market cap
$9.34B
P/E
30.3x
Revenue (TTM)
$12.76B
Div. yield
–
Electronic Manufacturing Services Technology
3 wins

Head to Head

11 decided of 12

Jabil leads on 5 of the 12 questions below (Jabil 5, Deswell Industries 3, Sanmina 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDSWLJBLSANMLeader
Larger companyMarket capitalisation $47.13M $30.43B $9.34B JBL
Cheaper on earningsLower P/E, profitable companies only 4.4x 29.2x 30.3x DSWL
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 16.9x 15.5x SANM
Faster revenue growthRevenue growth, trailing twelve months — +20.6% +58.6% SANM
More profitableNet margin, trailing twelve months — 2.9% 2.4% JBL
Better return on capitalReturn on invested capital — 25.9% 7.8% JBL
Less leveragedLower net debt / EBITDA — 0.7x 0.5x SANM
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -16.4% +35.7% +30.3% JBL
Better 5-year returnAnnualised price return, 5 years -5.8%/yr +37.2%/yr +36.1%/yr JBL
Less volatileAnnualised volatility, 1 year 43.2% 47.7% 71.2% DSWL
Higher overall scoreMean of the five percentile scores vs peers 96/100 58/100 62/100 DSWL

Percentile Scorecard

DSWLJBLSANM

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDSWLJBLSANM
Valuation 97 #4 of 111 73 #31 of 111 80 #23 of 111
Growth – 65 #38 of 108 84 #18 of 108
Profitability – 67 #35 of 104 56 #46 of 104
Financial Health 90 #13 of 115 19 #93 of 115 28 #83 of 115
Shareholder Returns 100 #1 of 78 64 #29 of 78 –
Overall 96 58 62
  • DSWL ranked among 121 companies in Computer Hardware
  • JBL ranked among 121 companies in Computer Hardware
  • SANM ranked among 121 companies in Computer Hardware

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDSWLJBLSANMSPY
1 month -4.5%-8.8%-20.1% +0.9%
3 months -8.7%+1.3%+7.3% +5.9%
6 months -13.0%-12.8%-15.8% +8.5%
Year to date -14.7%+27.6%+17.1% +13.3%
1 year -16.4%+35.7%+30.3% +12.4%
3 years +30.5%+137.5%+246.4% +88.1%
3 years, per year +9.3%+33.4%+51.4% +23.5%
5 years -25.7%+385.3%+365.6% +68.2%
5 years, per year -5.8%+37.2%+36.1% +11.0%
10 years +67.6%+1,258.5%+516.8% +263.4%
10 years, per year +5.3%+29.8%+20.0% +13.8%

Risk

MeasureDSWLJBLSANMSPY
Volatility, 1Y 43.2%47.7%71.2% 12.7%
Downside volatility, 1Y 44.0%52.8%81.4% 12.7%
Beta vs S&P 500, 1Y 0.242.202.63 1.00
Return / volatility, 1Y -0.380.750.43 0.98
Max drawdown, 5Y -56.6%-36.9%-45.4% -25.4%
From 52-week high -27.3%-24.5%-37.8% -0.9%
52-week high $4.06$385.63$282.72 $779.14
52-week low $2.91$192.49$122.86 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDSWLJBLSANM
P/E now vs peer median 4.4xmedian 33.5x 29.5xmedian 33.5x 30.7xmedian 33.5x
P/S now vs peer median 0.8xmedian 2.8x 0.8xmedian 2.8x 0.7xmedian 2.8x
EV/EBITDA now vs peer median —median 19.6x 13.4xmedian 19.6x 14.0xmedian 19.6x
P/FCF now vs peer median 9.9xmedian 29.8x 22.1xmedian 29.8x 15.9xmedian 29.8x
P/B now vs peer median 0.4xmedian 2.9x 18.8xmedian 2.9x 3.4xmedian 2.9x
PEG now vs peer median —median 1.10 1.70median 1.10 10.94median 1.10

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDSWLJBLSANM
Revenue – $35.95B $12.76B
Gross profit – $3.32B $1.15B
Operating income – $1.70B $530.30M
Net income – $1.04B $326.85M
Free cash flow – $1.37B $594.15M
R&D – $30.00M $33.59M
EPS (diluted) – $9.75 $5.59
Cash & equivalents $23.06M $1.74B $1.84B
Total debt – $3.38B $2.17B
Shares (diluted) 15.92M 106.90M 55.13M
Enterprise value -$148.16M $23.93B $3.58B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDSWLJBLSANM
P/E 4.4x 29.5x 30.7x
P/FCF 9.9x 22.1x 15.9x
P/Operating cash flow – 15.2x 10.5x
P/S 0.8x 0.8x 0.7x
P/B 0.4x 18.8x 3.4x
P/Tangible book 0.4x 30.0x 3.4x
EV/EBITDA – 13.4x 14.0x
EV/EBIT – 18.8x 18.4x
EV/Revenue – 0.9x 0.8x
EV/FCF – 23.3x 16.4x
EV/Operating cash flow – 16.0x 10.8x
PEG (3Y EPS CAGR) – 1.70 10.94

Growth

14 metrics
MetricDSWLJBLSANM
Revenue growth (1Y) – 20.6% 58.6%
Revenue CAGR (3Y) – 1.2% 11.9%
Gross profit growth (1Y) – 25.4% 65.2%
Gross profit CAGR (3Y) – 5.0% 15.7%
Operating income growth (1Y) – 44.2% 45.0%
Operating income CAGR (3Y) – 3.5% 4.9%
Net income growth (1Y) – 58.6% 16.1%
Net income CAGR (3Y) – 8.4% 0.7%
EPS growth (1Y) – 64.5% 17.5%
EPS CAGR (3Y) – 17.4% 2.8%
Operating cash flow growth (1Y) – 22.1% 90.3%
Operating cash flow CAGR (3Y) – 4.9% 55.4%
Free cash flow growth (1Y) – 17.2% 62.5%
Free cash flow CAGR (3Y) – 25.0% 146.2%

Profitability

14 metrics
MetricDSWLJBLSANM
Gross margin – 9.2% 9.0%
EBITDA margin – 6.6% 5.4%
Operating margin – 4.7% 4.2%
Pretax margin – 3.9% 3.6%
Net margin – 2.9% 2.4%
FCF margin – 3.8% 4.7%
Operating cash flow margin – 5.6% 7.1%
Return on equity – 70.7% 12.2%
Return on assets – 4.1% 3.4%
Return on invested capital – 25.9% 7.8%
Return on capital employed – 43.1% 10.0%
Asset turnover – 1.4x 1.3x
Cash conversion (OCF / net income) – 1.9x 2.8x
Stock comp / revenue – – 0.7%

Financial Health

11 metrics
MetricDSWLJBLSANM
Debt / assets – 12.3% 22.3%
Debt / equity – 2.1x 0.8x
Net debt / EBITDA – 0.7x 0.5x
Debt / FCF – 2.5x 3.7x
Liabilities / assets 15.8% 94.1% 71.7%
Equity / assets 84.2% 5.9% 28.3%
Interest coverage – – 5.6x
Current ratio 5.2x 1.0x 1.8x
Quick ratio 3.1x 0.4x 1.0x
Cash ratio 2.5x 0.1x 0.4x
Altman Z-score – 2.59 –

Shareholder Returns

7 metrics
MetricDSWLJBLSANM
Dividend yield 10.2% 0.1% –
Net buyback yield – 3.4% –
Shareholder yield 10.2% 3.5% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDSWLJBLSANM
Forward P/E – 16.9xFY2027 15.5xFY2026
EPS, next fiscal year – $17.25FY2027 $11.31FY2026
EPS growth, next FY – +31.8%FY2027 +87.3%FY2026
EPS growth, the year after – +36.2% +19.5%
Revenue, next fiscal year – $46.50BFY2027 $13.27BFY2026
Revenue growth, next FY – +29.3%FY2027 +63.3%FY2026
Revenue growth, the year after – +17.4% +33.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDSWLJBLSANM
Held by institutions – 96.9% 93.3%
Institutions holding – 1,120 569
Change in shares held, QoQ – +3.2% -5.4%
Institutions buying – 618 317
Institutions selling – 373 207
Buyers to sellers – 1.66 1.53

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DSWLJBLSANM
DSWL 1.00 0.16 0.08
JBL 0.16 1.00 0.65
SANM 0.08 0.65 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DSWL, JBL and SANM?

Jabil (JBL) is the largest by market capitalisation: Deswell Industries (DSWL) $47.13M, Jabil (JBL) $30.43B, Sanmina (SANM) $9.34B.

Which stock is cheaper, DSWL, JBL and SANM?

Deswell Industries (DSWL) trades on the lowest price-to-earnings ratio (Deswell Industries (DSWL) 4.4x, Jabil (JBL) 29.2x, Sanmina (SANM) 30.3x). On next year's consensus earnings, Sanmina (SANM) is cheapest (Jabil (JBL) 16.9x, Sanmina (SANM) 15.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Sanmina (SANM) grew revenue fastest over the trailing twelve months: Jabil (JBL) +20.6%, Sanmina (SANM) +58.6%.

Which company is more profitable?

Jabil (JBL) has the highest net margin (Jabil (JBL) 2.9%, Sanmina (SANM) 2.4%). On return on invested capital, Jabil (JBL) leads (Jabil (JBL) 25.9%, Sanmina (SANM) 7.8%).

Which stock has performed better?

Over the past year Jabil (JBL) returned the most: Deswell Industries (DSWL) -16.4%, Jabil (JBL) +35.7%, Sanmina (SANM) +30.3%. Over five years, Jabil (JBL) compounded fastest (Deswell Industries (DSWL) -5.8%/yr, Jabil (JBL) +37.2%/yr, Sanmina (SANM) +36.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Deswell Industries (DSWL) has been the steadiest (Deswell Industries (DSWL) 43.2%, Jabil (JBL) 47.7%, Sanmina (SANM) 71.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DSWL, JBL and SANM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Jabil (JBL) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.