# Sandisk Corporation (SNDK) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Electronic Equipment, Instruments & Components. Price $1740.00, market value $254.8 billion.

## Valuation
- **P/E (trailing): 23.6×** (5-yr avg 23.7×, 3-yr avg 23.7×). Sandisk Corporation trades at 23.6× trailing earnings, close to its own five-year average of 23.7×. The Technology median in the September 2026 study was 32.1×. Forward P/E is 6.6×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.01**. A PEG of 0.01 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 12.6×**. Each dollar of revenue is priced at 12.6×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 16.5×**. The shares trade at 16.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 19.9×**. Enterprise value is 19.9× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 4.5%** (5-yr avg 1.2%). Free cash flow equals 4.5% of the market value, above its five-year average of 1.2%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 4.2%**. The inverse of the P/E: 4.2% of the price is earned each year.

## Profitability
- **Gross margin: 71.5%**. Sandisk Corporation keeps 71.5% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 61.2%**. 61.2% of revenue is left after running the business, an exceptional level.
- **Net margin: 56.5%**. 56.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 72.7%**. A 72.7% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on invested capital: 89.2%**. Return on all capital, debt included, is 89.2%: comfortably above what that capital costs.
- **Return on assets: 50.8%**. Each dollar of assets produces 50.8% of profit.

## Growth
- **Revenue growth (1 yr): 175.3%** (3-yr 49.3%/yr). Revenue grew 175.3% over the last year.
- **EPS growth (1 yr): 751.6%**. Earnings per share rose 751.6%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Sandisk Corporation holds more cash than debt.
- **Current ratio: 2.29** (quick 2.29). Current assets cover the next year's liabilities 2.29 times.
- **Altman Z-score: 26.65**. A Z-score of 26.65 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend: none**. Sandisk Corporation does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (23 analysts). 23 analysts cover Sandisk Corporation; the consensus is buy, with an average price target of $2125.09 (+22% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 2684.0%** (YTD 633.0%, 3-mo 11.6%). The shares are up 2684.0% over twelve months including dividends.
- **From 52-week high: -26.1%** (2401.1% above the low). Trading 26% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 61**. An RSI of 61 is neutral.
- **Beta (1 yr): 4.24** (volatility 117%). Beta of 4.24 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SNDK · Page: https://foliofundamentals.com/stocks/sndk

Not investment advice.