Sandisk Corporation (SNDK) is a publicly traded company in the Technology — Computer Hardware industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
SanDisk Corporation specializes in designing, manufacturing, and supplying storage solutions and devices leveraging advanced NAND flash technology. Its diverse product line features solid-state drives (SSDs), embedded memory solutions, removable memory cards, universal serial bus (USB) devices, and underlying wafers and components. Founded on June 1, 1988, the company maintains its principal executive offices in Milpitas, California.
Analysis Summary
Trailing-twelve-month margins: gross margin 71.5%, operating margin 61.2%, net margin 56.5%.
At the current price of $1791.82, SNDK trades at a P/E of 21.59 and an ROE of 93.13%. Market capitalisation stands at $265.4B, placing it among large-cap names.
Balance sheet quality for SNDK: current ratio of 2.3, net cash position of $4.37B. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Cash flow quality is strong: free cash flow of $11.49B represents 101% conversion of reported net income. High conversion (above 90%) suggests earnings translate cleanly into cash; lower conversion may indicate working capital tightness or accounting timing differences.
Price
| Price | $1791.82 |
| Market Cap | $265.4B |
| Exchange | NASDAQ |
| Country | US |
Valuation Ratios
| P/E Ratio | 21.59 |
| Price / Book | 15.69 |
| EV / EBITDA | 16.99 |
| Dividend Yield | 0.00% |
Profitability
| Return on Equity | 93.13% |
| Return on Invested Capital | 64.29% |
| Return on Assets | 50.80% |
| Gross Margin | 71.47% |
| Operating Margin | 61.19% |
| Net Margin | 56.46% |
Financial Health
| Debt / Equity | 0.02 |
| Current Ratio | 2.29 |
What to look at in Technology companies
- Revenue growth 3y (>=15%/year) — Validates sustained traction, not a one-off.
- Gross margin (Sub-sector dependent) — SaaS >=70%, Internet >=55%, Semis >=45%, Hardware >=35%.
- FCF / Revenue (>=20%) — Real cash generated. Many tech firms dress up non-GAAP earnings.
- ROIC (>=15%) — Capital reinvested efficiency — Buffett's first metric.
- SBC / Revenue (<10% healthy) — Stock-based compensation. Silent dilution: >20% destroys value.
- Net Debt / EBITDA (<=2x (1.5x SaaS)) — Resilience in downturns and rate hikes.
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| SNDK | Sandisk Corporation | $265.4B | 21.59 | 15.69 | 93.1% |
| FLEX | Flex Ltd. | $40.1B | 39.70 | 6.99 | 18.7% |
| CRDO | Credo Technology Group Holding Ltd | $32.8B | 66.70 | 13.41 | 27.2% |
| MDB | MongoDB, Inc. | $30.9B | 555.67 | 10.97 | 2.0% |
| SMCI | Super Micro Computer, Inc. | $25.3B | 11.29 | 1.71 | 25.1% |
| KEYS | Keysight Technologies, Inc. | $57.2B | 49.39 | 9.44 | 20.1% |
| HPE | Hewlett Packard Enterprise Company | $80.4B | 30.68 | 3.11 | 10.9% |
| JBL | Jabil Inc. | $31.4B | 37.13 | 23.94 | 62.4% |
Price Performance
| 1 month | +2.90% |
| 3 months | -26.11% |
| Year-to-date | +580.09% |
| 1 year | +1532.84% |
52-Week Range
| 52-week High | $2354.39 |
| 52-week Low | $90.22 |
| Avg Volume (90d) | 13.1M |
Related companies: CRDO · FLEX · HPE · JBL · KEYS · MDB · SMCI
Explore sector: Technology · Computer Hardware
More sections of SNDK: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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