(SNDK) Sandisk - Ratings and Ratios
Flash Drives, Memory Cards, SSDs
SNDK EPS (Earnings per Share)
SNDK Revenue
Description: SNDK Sandisk August 11, 2025
Western Digital acquired SanDisk Corp (NASDAQ:SNDK) in 2016, but for analysis purposes, we will evaluate SNDKs standalone financials. The quarterly tax provision is a crucial aspect of SNDKs financials, impacting net income and earnings per share.
To understand the tax provisions impact, we need to examine SNDKs historical effective tax rate, which is influenced by factors like geographical profit mix, research and development credits, and changes in tax laws. A normalized effective tax rate can help estimate future tax provisions.
Key drivers affecting SNDKs financial performance include demand for flash storage, solid-state drives (SSDs), and memory products. The companys revenue growth is tied to the adoption of these technologies in various applications, such as smartphones, data centers, and PCs. Key performance indicators (KPIs) to monitor include revenue growth rate, gross margin percentage, and operating expense as a percentage of revenue.
Economic drivers influencing SNDKs business include the overall demand for data storage, advancements in technology, and the competitive landscape. The NAND flash memory market is characterized by intense competition, with suppliers like Samsung, SK Hynix, and Micron Technology. SNDKs ability to maintain market share and pricing power is crucial to its financial performance.
To evaluate SNDKs stock, we can examine metrics like price-to-book ratio, enterprise value-to-EBITDA, and dividend yield (if applicable). Additionally, analyzing the companys return on equity (ROE) and return on assets (ROA) can provide insights into its profitability and asset utilization efficiency.
SNDK Stock Overview
| Market Cap in USD | 5,991m |
| Sub-Industry | Technology Hardware, Storage & Peripherals |
| IPO / Inception | 2025-02-24 |
SNDK Stock Ratings
| Growth Rating | 75.9% |
| Fundamental | 27.7% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | 399% |
| Analyst Rating | 3.83 of 5 |
SNDK Dividends
Currently no dividends paidSNDK Growth Ratios
| Growth Correlation 3m | 98.9% |
| Growth Correlation 12m | 51.8% |
| Growth Correlation 5y | 51.8% |
| CAGR 5y | 999.00% |
| CAGR/Max DD 3y (Calmar Ratio) | 22.49 |
| CAGR/Mean DD 3y (Pain Ratio) | 61.32 |
| Sharpe Ratio 12m | 1.17 |
| Alpha | 425.95 |
| Beta | |
| Volatility | 79.17% |
| Current Volume | 8848.6k |
| Average Volume 20d | 8297.3k |
| Stop Loss | 190 (-7%) |
| Signal | 3.15 |
Piotroski VR‑10 (Strict, 0-10) 2.5
| Net Income (-1.64b TTM) > 0 and > 6% of Revenue (6% = 441.3m TTM) |
| FCFTA -0.05 (>2.0%) and ΔFCFTA -3.31pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 49.75% (prev 22.99%; Δ 26.75pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.03 (>3.0%) and CFO -402.1m > Net Income -1.64b (YES >=105%, WARN >=100%) |
| NO Net Debt/EBITDA fails (EBITDA <= 0) |
| Current Ratio 3.56 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (145.0m) change vs 12m ago 0.35% (target <= -2.0% for YES) |
| Gross Margin 30.07% (prev 3.03%; Δ 27.04pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 55.53% (prev 45.88%; Δ 9.64pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -23.08 (EBITDA TTM -1.25b / Interest Expense TTM 61.0m) >= 6 (WARN >= 3) |
Altman Z'' 0.12
| (A) 0.28 = (Total Current Assets 5.09b - Total Current Liabilities 1.43b) / Total Assets 12.98b |
| (B) -0.14 = Retained Earnings (Balance) -1.78b / Total Assets 12.98b |
| (C) -0.11 = EBIT TTM -1.41b / Avg Total Assets 13.25b |
| (D) -0.54 = Book Value of Equity -2.03b / Total Liabilities 3.77b |
| Total Rating: 0.12 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 27.68
| 1. Piotroski 2.50pt = -2.50 |
| 2. FCF Yield -9.65% = -4.83 |
| 3. FCF Margin -8.34% = -3.13 |
| 4. Debt/Equity 0.20 = 2.48 |
| 5. Debt/Ebitda -0.30 = -2.50 |
| 6. ROIC - WACC (= -27.43)% = -12.50 |
| 7. RoE -15.44% = -2.50 |
| 8. Rev. Trend 68.20% = 5.11 |
| 9. EPS Trend -39.27% = -1.96 |
What is the price of SNDK shares?
Over the past week, the price has changed by +39.07%, over one month by +80.05%, over three months by +376.03% and over the past year by +467.67%.
Is Sandisk a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SNDK is around 192.32 USD . This means that SNDK is currently overvalued and has a potential downside of -5.89%.
Is SNDK a buy, sell or hold?
- Strong Buy: 5
- Buy: 1
- Hold: 5
- Sell: 1
- Strong Sell: 0
What are the forecasts/targets for the SNDK price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 57.8 | -71.7% |
| Analysts Target Price | 57.8 | -71.7% |
| ValueRay Target Price | 221 | 8.1% |
SNDK Fundamental Data Overview October 28, 2025
Beta = None
Revenue TTM = 7.36b USD
EBIT TTM = -1.41b USD
EBITDA TTM = -1.25b USD
Long Term Debt = 1.83b USD (from longTermDebt, last quarter)
Short Term Debt = 20.0m USD (from shortTermDebt, last quarter)
Debt = 1.85b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 368.0m USD (from netDebt column, last quarter)
Enterprise Value = 6.36b USD (5.99b + Debt 1.85b - CCE 1.48b)
Interest Coverage Ratio = -23.08 (Ebit TTM -1.41b / Interest Expense TTM 61.0m)
FCF Yield = -9.65% (FCF TTM -613.7m / Enterprise Value 6.36b)
FCF Margin = -8.34% (FCF TTM -613.7m / Revenue TTM 7.36b)
Net Margin = -22.31% (Net Income TTM -1.64b / Revenue TTM 7.36b)
Gross Margin = 30.07% ((Revenue TTM 7.36b - Cost of Revenue TTM 5.14b) / Revenue TTM)
Gross Margin QoQ = 26.20% (prev 22.54%)
Tobins Q-Ratio = 0.49 (Enterprise Value 6.36b / Total Assets 12.98b)
Interest Expense / Debt = 2.22% (Interest Expense 41.0m / Debt 1.85b)
Taxrate = -27.78% (negative due to tax credits) (5.00m / -18.0m)
NOPAT = -1.80b (EBIT -1.41b * (1 - -27.78%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 3.56 (Total Current Assets 5.09b / Total Current Liabilities 1.43b)
Debt / Equity = 0.20 (Debt 1.85b / totalStockholderEquity, last quarter 9.22b)
Debt / EBITDA = -0.30 (negative EBITDA) (Net Debt 368.0m / EBITDA -1.25b)
Debt / FCF = -0.60 (negative FCF - burning cash) (Net Debt 368.0m / FCF TTM -613.7m)
Total Stockholder Equity = 10.63b (last 4 quarters mean from totalStockholderEquity)
RoA = -12.64% (Net Income -1.64b / Total Assets 12.98b)
RoE = -15.44% (Net Income TTM -1.64b / Total Stockholder Equity 10.63b)
RoCE = -11.30% (EBIT -1.41b / Capital Employed (Equity 10.63b + L.T.Debt 1.83b))
RoIC = -15.54% (negative operating profit) (NOPAT -1.80b / Invested Capital 11.58b)
WACC = 11.89% (E(5.99b)/V(7.84b) * Re(14.68%) + D(1.85b)/V(7.84b) * Rd(2.22%) * (1-Tc(-0.28)))
Discount Rate = 14.68% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 81.65 | Cagr: 0.35%
Fair Price DCF = unknown (Cash Flow -613.7m)
EPS Correlation: -39.27 | EPS CAGR: -83.65% | SUE: N/A | # QB: 0
Revenue Correlation: 68.20 | Revenue CAGR: 13.08% | SUE: N/A | # QB: 0
Additional Sources for SNDK Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle