SNDK Analysis — TradeApes

Sandisk Corp (SNDK)

Technology Computer Hardware

$1,559.32 close · Jun 06, 2026

Above 50 & 200 SMA

52W -14.9% from High

Methodology Breakdown

This stock uses a non-standard methodology. The breakdown below shows what the engine computed.

Method	Value	Role
Peer Multiples	$98.74	REFERENCE
Book Value Anchor	$253.83	REFERENCE
Earnings Anchor	$767.64	REFERENCE
Cash Floor	$16.65	REFERENCE
NAV Anchor	$253.83	REFERENCE

Health Score

Out of 100

Healthy

Pillar Scores

Financial Strength 90

Operating Trend 60

Valuation 30

Capital Allocation 65

Risk Management 80

Positives

↑ Net cash position — more cash on hand than total debt +3.8

↑ Strong interest coverage — EBIT covers interest 10×+ +2.5

↑ Free cash flow positive — business generates real spendable cash +2.5

Concerns

↓ Extreme P/E — above 45×, very high expectations embedded in price -5.0

Signal contribution: +14.9 from strengths -5.0 from concerns

Health Score Trend 6 snapshots

Financials

TTM Financials

Revenue ?Total sales generated from the company's primary business activities over the trailing twelve months.	10.88B
Gross Profit ?Revenue minus cost of goods sold. What remains before operating expenses — reflects pricing power and production efficiency.	6.70B
Operating Income ?Profit from core business operations after all operating expenses (EBIT). Excludes interest and taxes.	5.19B
Net Income ?Bottom-line profit after all expenses, interest, and taxes are deducted from revenue.	4.40B
Free Cash Flow ?Operating cash flow minus capital expenditures. The actual cash the business generates after maintaining its assets — the truest measure of profitability.	4.46B
EBITDA ?Earnings before interest, taxes, depreciation & amortization. A proxy for operating cash earnings that strips out accounting and financing differences.	5.34B
Total Debt ?Combined short-term and long-term interest-bearing debt obligations. Compare against cash and earnings to gauge leverage risk.	$0
Cash & Equivalents ?Highly liquid assets on hand — cash, money market funds, and short-term securities. The company's immediate financial cushion.	3.74B

Valuation

Market Cap	244.81B
Enterprise Value	241.29B
EV / Revenue	22.2x
EV / EBITDA	45.2x
P/E (TTM)	55.7x
Forward P/E	—
PEG	—
P/FCF	54.9x
FCF Yield	1.8%

EV/EBITDA vs history — 52% percentile (mid-range)

CheapMidExpensive

EV/Sales vs history — 79% percentile (historically expensive)

CheapMidExpensive

P/Book vs history — 79% percentile (historically expensive)

CheapMidExpensive

Relative Valuation

Using relative multiples

EV / Revenue

22.2x

Book Value / Share

$87.75

Price / Book

17.8x

P/E (TTM)

55.7x

Price / Sales

22.5x

Key Metrics

Gross Margin ?Gross profit as a % of revenue. Measures how efficiently the company produces its goods or services — higher is better.	61.6%
EBITDA Margin ?EBITDA as a % of revenue. Shows core operating profitability before accounting adjustments — useful for comparing across industries.	49.1%
Net Margin ?Net income as a % of revenue. The ultimate measure of overall profitability after every expense, interest payment, and tax is accounted for.	40.4%
FCF Margin ?Free cash flow as a % of revenue. Shows how much of each dollar of revenue converts into real, spendable cash.	41.0%
Revenue Growth (YoY) ?Year-over-year change in total revenue. Measures business momentum — sustained growth above 15% is typically considered strong.	24.3%
Net Income Growth (YoY) ?Year-over-year change in net income. Shows whether profits are growing faster or slower than revenue — a key indicator of improving or deteriorating quality.	393.4%
Piotroski F-Score ?Score from 0–9 measuring financial strength across profitability, leverage, and efficiency signals. 8–9 = strong, 0–2 = distressed.	7 / 9
Altman Z-Score ?Bankruptcy risk model. Above 2.99 = safe zone, 1.81–2.99 = grey zone, below 1.81 = distress signal. Most useful for manufacturing companies.	5.79

Community Sentiment

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Quarterly Financials

Metric	Q3 '26	Q2 '26	Q1 '26	Q4 '25	Q3 '25	Q2 '26	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q3 '25	Q4 '25
Revenue ?Total quarterly sales from primary business operations.	5.95B	3.03B	—	1.90B	1.70B	1.88B	1.88B	3.29B	1.71B	1.67B	—	—
Gross Profit ?Quarterly revenue minus cost of goods sold.	4.66B	1.54B	—	498.0M	382.0M	606.0M	726.0M	448.0M	463.0M	161.0M	—	—
Operating Income ?Quarterly profit from core operations before interest and taxes (EBIT).	4.11B	1.07B	—	18.0M	-1.88B	195.0M	291.0M	-288.0M	65.0M	-245.0M	—	—
Net Income ?Quarterly bottom-line profit after all expenses and taxes.	3.62B	803.0M	—	-23.0M	-1.93B	104.0M	211.0M	120.0M	27.0M	-301.0M	-518.0M	—
FCF ?Quarterly free cash flow: operating cash minus capital expenditures.	2.99B	980.0M	438.0M	49.0M	-18.0M	47.0M	-198.0M	-168.0M	-41.0M	-266.0M	—	-932.0M

Revenue & Free Cash Flow

Market Cap vs. DCF Fair Value Band

Shaded region = bear-to-bull DCF range. Line = actual market cap.

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Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Scores and valuations are derived from SEC filings and publicly available data. Always do your own research before making investment decisions.