Sandisk Corporation (SNDK) Key Metrics
SNDK valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $187.78B
- Enterprise value
- $261.40B
- P/E (TTM)
- 17.6
- Forward P/E
- 8.0
- PEG ratio
- —
- Price / sales
- 9.3
- Price / book
- 16.9
- EV / EBITDA
- 19.7
- Dividend yield
- —
- Beta
- —
SNDK key metrics, FY2022–FY2026
Fiscal year ended June 30, 2026 · U.S. dollarsSNDK valuation Price multiples at each fiscal year-end price.
SNDK returns How much profit the business earns on the capital it uses.
SNDK per-share figures Results divided by the shares outstanding at year-end.
SNDK financial health Debt, liquidity and how easily interest is covered.
SNDK efficiency & capital use Working capital cycle and where the cash goes.
SNDK valuation history
SNDK returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SNDK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SNDK cash returned to shareholders
SNDK price vs earnings per share
SNDK key metrics
FY2022–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Valuation | |||||
| Market capitalization | $352.43B | $6.58B | — | — | — |
| Enterprise value | $348.06B | $7.14B | — | — | — |
| P/E ratio | 30.8 | — | — | — | — |
| Price / sales | 17.4 | 0.9 | — | — | — |
| Price / book | 22.4 | 0.7 | — | — | — |
| Price / free cash flow | 30.7 | — | — | — | — |
| Price / operating cash flow | 30.2 | 78.3 | — | — | — |
| EV / sales | 17.2 | 1.0 | — | — | — |
| EV / EBITDA | 26.3 | — | — | — | — |
| EV / free cash flow | 30.3 | — | — | — | — |
| Earnings yield | 3.2% | −25.0% | — | — | — |
| Free cash flow yield | 3.3% | −1.8% | — | — | — |
| Shareholder yield (dividends + buybacks) | 1.3% | 0.0% | — | — | — |
| Share price at fiscal year-end | $2,273.73 | $45.35 | — | — | — |
| Per share | |||||
| Revenue per share | $130.63 | $50.72 | $46.27 | $42.26 | $67.74 |
| Earnings per share | $73.76 | −$11.32 | −$4.67 | −$14.88 | $7.39 |
| Operating cash flow per share | $75.30 | $0.58 | −$2.15 | −$4.95 | $7.99 |
| Free cash flow per share | $74.15 | −$0.83 | −$3.30 | −$6.47 | $5.15 |
| Cash per share | $30.72 | $10.21 | $2.28 | $2.03 | $2.33 |
| Book value per share | $101.52 | $63.56 | $76.96 | $79.44 | $90.12 |
| Tangible book value per share | $69.30 | $29.08 | $26.91 | $29.35 | $34.42 |
| Capex per share | $1.14 | $1.41 | $1.15 | $1.52 | $2.85 |
| Debt per share | $2.54 | $14.08 | $6.84 | $7.08 | $6.60 |
| Shares outstanding | 155.0M | 145.0M | 144.0M | 144.0M | 144.0M |
| Change in shares outstanding | +6.9% | +0.7% | 0.0% | 0.0% | — |
| Returns & profitability | |||||
| Return on equity (ROE) | 91.6% | −16.2% | −6.0% | −17.6% | 8.2% |
| Return on invested capital (ROIC) | 102.9% | −10.1% | −3.1% | −12.5% | 7.6% |
| Return on assets (ROA) | 64.4% | −12.4% | −4.9% | −14.5% | 6.8% |
| Return on tangible assets | 65.3% | −20.5% | −10.7% | −32.4% | 13.7% |
| Free cash flow margin | 56.8% | −1.6% | −7.1% | −15.3% | 7.6% |
| Income quality (OCF / net income) | 1.02 | — | — | — | 1.08 |
| Financial health | |||||
| Total debt | $393.0M | $2.04B | $985.0M | $1.02B | $950.0M |
| Cash & short-term investments | $4.76B | $1.48B | $328.0M | $292.0M | $335.0M |
| Net debt | −$4.37B | $561.0M | $657.0M | $728.0M | $615.0M |
| Debt / equity | 0.02 | 0.22 | 0.09 | 0.09 | 0.07 |
| Debt / assets | 0.02 | 0.16 | 0.07 | 0.07 | 0.06 |
| Net debt / EBITDA | −0.33 | — | — | — | 0.35 |
| Current ratio | 2.29 | 3.56 | 1.67 | 1.56 | 1.79 |
| Quick ratio | 1.81 | 2.11 | 0.75 | 0.52 | 0.99 |
| Interest coverage | 169.7 | -21.9 | -11.7 | -65.6 | 133.3 |
| Working capital | $7.20B | $3.66B | $1.43B | $1.23B | $1.98B |
| Invested capital | $11.37B | $9.78B | $11.74B | $12.17B | $13.59B |
| Tangible asset value | $10.74B | $4.22B | $3.88B | $4.23B | $4.96B |
| Net current asset value | $6.01B | $1.32B | $1.12B | $1.02B | $1.71B |
| Graham number | $410.48 | — | — | — | $122.40 |
| Graham net-net per share | $18.63 | −$2.74 | −$2.90 | −$3.82 | −$3.38 |
| Capital allocation | |||||
| Share buybacks (net) | $4.52B | $0 | $0 | — | — |
| Dividends + buybacks / free cash flow | 39.4% | — | — | — | — |
| Capex / revenue | 0.9% | 2.8% | 2.5% | 3.6% | 4.2% |
| Capex / operating cash flow | 1.5% | 242.9% | — | — | 35.6% |
| Capex / depreciation | 1.19 | 1.25 | 0.74 | 0.49 | 0.78 |
| Stock-based compensation / revenue | 1.1% | 2.5% | 2.2% | 2.7% | 1.8% |
| R&D / revenue | 6.6% | 15.4% | 15.9% | 19.2% | 14.0% |
| SG&A / revenue | 3.3% | 7.8% | 6.8% | 9.2% | 6.8% |
| Efficiency | |||||
| Days sales outstanding | 52.9 | 51.3 | 40.4 | 54.8 | 48.2 |
| Days of inventory on hand | 150.9 | 143.1 | 137.9 | 137.5 | 111.7 |
| Days payables outstanding | 27.9 | 25.7 | 32.1 | 45.6 | 44.2 |
| Cash conversion cycle (days) | 175.9 | 168.8 | 146.2 | 146.7 | 115.7 |
| Receivables turnover | 6.91 | 7.11 | 9.04 | 6.66 | 7.57 |
| Payables turnover | 13.10 | 14.23 | 11.38 | 8.00 | 8.26 |
| Inventory turnover | 2.42 | 2.55 | 2.65 | 2.65 | 3.27 |
| Asset turnover | 1.14 | 0.56 | 0.49 | 0.41 | 0.62 |
| Average receivables | $2.93B | $1.03B | $737.0M | $914.0M | $1.29B |
| Average payables | $441.0M | $361.5M | $491.5M | $707.0M | $788.0M |
| Average inventory | $2.39B | $2.02B | $2.11B | $2.13B | $1.99B |
| Intangibles / total assets | 22.2% | 38.5% | 53.4% | 52.2% | 50.9% |
Computed from SNDK's annual financial statements (latest annual report filed August 17, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
SNDK valuation and financial ratios
At the end of fiscal 2026 (June 30, 2026), Sandisk traded at 30.8 times earnings. Based on the latest twelve months, the trailing P/E is 17.6 and the forward P/E is 8.0. Sandisk earned a return on equity of 91.6% and a return on invested capital of 102.9% in fiscal 2026. It ended the year with $393.0 million of debt and $4.8 billion in cash and short-term investments, a net cash position of $4.4 billion. It returned $4.5 billion to shareholders: $0 in dividends and $4.5 billion in share buybacks, 39% of free cash flow. The share count rose 7.6% from 144.0M to 155.0M over 4 years.
See the SNDK income statement, the SNDK chart for price history, or the SNDK stock overview for the latest quote and news.
SNDK key metrics FAQ
What is Sandisk's P/E ratio?
Sandisk's trailing P/E ratio is 17.6 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 8.0. At the end of fiscal 2026 it was 30.8.
What is Sandisk's EV/EBITDA?
Sandisk's enterprise value was 26.3 times EBITDA at the end of fiscal 2026 (enterprise value $348.1 billion, EBITDA $13.2 billion); the current EV/EBITDA is 19.7.
What is Sandisk's return on equity?
Sandisk's return on equity (ROE) was 91.6% in fiscal 2026: net income of $11.4 billion on average shareholders' equity of $12.5 billion. ROE is high partly because years of buybacks have reduced equity on the balance sheet.
What is Sandisk's ROIC?
Sandisk's return on invested capital was 102.9% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Sandisk have?
Sandisk had total debt of $393.0 million at the end of fiscal 2026, a debt-to-equity ratio of 0.02 and more cash than debt.
Does Sandisk buy back its shares?
Yes. Sandisk spent $4.5 billion on net share repurchases in fiscal 2026 Shares outstanding changed +6.9% over the year, to 155.0M..
What is Sandisk's free cash flow yield?
Sandisk generated $11.5 billion of free cash flow in fiscal 2026, a free cash flow yield of 3.3% on its market value at year-end ($352.4 billion).
What is Sandisk's current ratio?
Sandisk's current ratio was 2.29 at the end of fiscal 2026: current assets were 2.29 times current liabilities.