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59.9 (1y: +84%)
Market Cap 14.24 B P/E(ttm) 31.30
Enterprise Value 12.65 B P/B 1.99
SNDK- NAS (USA)
SanDisk Corp
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$59.90
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry		 vs
history
Cash to Debt 1.695
SNDK's Cash to Debt is ranked lower than
55% of the 1561 Companies
in the Global Data Storage industry.

( Industry Median: 118.50 vs. SNDK: 1.695 )
SNDK' s 10-Year Cash to Debt Range
Min: 1.18   Max: No Debt
Current: 1.7
Equity to Asset 0.659
SNDK's Equity to Asset is ranked higher than
69% of the 1561 Companies
in the Global Data Storage industry.

( Industry Median: 0.54 vs. SNDK: 0.659 )
SNDK' s 10-Year Equity to Asset Range
Min: 0.5   Max: 0.87
Current: 0.66
0.5
0.87
Interest Coverage 11.3
SNDK's Interest Coverage is ranked lower than
52% of the 1561 Companies
in the Global Data Storage industry.

( Industry Median: 10000.00 vs. SNDK: 11.3 )
SNDK' s 10-Year Interest Coverage Range
Min: 11   Max: No Debt
Current: 11.3
F-Score: 5
Z-Score: 4.14
M-Score: -0.95
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry		 vs
history
Operating margin (%) 13.80
SNDK's Operating margin (%) is ranked higher than
88% of the 1946 Companies
in the Global Data Storage industry.

( Industry Median: 3.80 vs. SNDK: 13.80 )
SNDK' s 10-Year Operating margin (%) Range
Min: -58.9   Max: 30.3
Current: 13.8
-58.9
30.3
Net-margin (%) 8.3
SNDK's Net-margin (%) is ranked higher than
83% of the 1946 Companies
in the Global Data Storage industry.

( Industry Median: 2.70 vs. SNDK: 8.3 )
SNDK' s 10-Year Net-margin (%) Range
Min: -81.3   Max: 49.6
Current: 8.3
-81.3
49.6
ROE (%) 5.7
SNDK's ROE (%) is ranked higher than
71% of the 1946 Companies
in the Global Data Storage industry.

( Industry Median: 5.30 vs. SNDK: 5.7 )
SNDK' s 10-Year ROE (%) Range
Min: -64.8   Max: 34.6
Current: 5.7
-64.8
34.6
ROA (%) 4
SNDK's ROA (%) is ranked higher than
73% of the 1946 Companies
in the Global Data Storage industry.

( Industry Median: 3.00 vs. SNDK: 4 )
SNDK' s 10-Year ROA (%) Range
Min: -34.7   Max: 27
Current: 4
-34.7
27
ROC (Joel Greenblatt) (%) 49.00
SNDK's ROC (Joel Greenblatt) (%) is ranked higher than
94% of the 1946 Companies
in the Global Data Storage industry.

( Industry Median: 8.80 vs. SNDK: 49.00 )
SNDK' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -495.9   Max: 297.3
Current: 49
-495.9
297.3
Revenue Growth (%) 7.6
SNDK's Revenue Growth (%) is ranked higher than
97% of the 1946 Companies
in the Global Data Storage industry.

( Industry Median: 1.65 vs. SNDK: 7.6 )
SNDK' s 10-Year Revenue Growth (%) Range
Min: -0.5   Max: 36.8
Current: 7.6
-0.5
36.8
EBITDA Growth (%) 8.9
SNDK's EBITDA Growth (%) is ranked lower than
59% of the 1946 Companies
in the Global Data Storage industry.

( Industry Median: 3.25 vs. SNDK: 8.9 )
SNDK' s 10-Year EBITDA Growth (%) Range
Min: 8   Max: 56.2
Current: 8.9
8
56.2
EPS Growth (%) -1.3
SNDK's EPS Growth (%) is ranked lower than
75% of the 1561 Companies
in the Global Data Storage industry.

( Industry Median: 4.80 vs. SNDK: -1.3 )
SNDK' s 10-Year EPS Growth (%) Range
Min: -16.1   Max: 67.3
Current: -1.3
-16.1
67.3
» SNDK's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

SNDK Guru Trades in Q2 2012

Charles Brandes 28,280 sh (New)
Richard Snow 175,330 sh (New)
Pioneer Investments 1,877,671 sh (+4072.6%)
Paul Tudor Jones 45,300 sh (+953.49%)
Jeremy Grantham 562,735 sh (+422.99%)
PRIMECAP Management 7,058,483 sh (+13.1%)
Andreas Halvorsen Sold Out
Whitney Tilson Sold Out
RS Investment Management Sold Out
Julian Robertson Sold Out
David Tepper 668,821 sh (-1.79%)
Joel Greenblatt 100,314 sh (-1.81%)
Steven Cohen 118,744 sh (-12.34%)
Bruce Kovner 9,168 sh (-64.19%)
Chuck Royce 133,300 sh (-73.75%)
Jim Simons 42,900 sh (-93.87%)
» More
Q3 2012

SNDK Guru Trades in Q3 2012

Louis Moore Bacon 90,000 sh (New)
George Soros 250,000 sh (New)
Ken Fisher 117,865 sh (New)
Andreas Halvorsen 940,000 sh (New)
Steven Cohen 1,783,148 sh (+1401.67%)
Paul Tudor Jones 170,000 sh (+275.28%)
Richard Snow 175,698 sh (+0.21%)
David Tepper 668,821 sh (unchged)
Charles Brandes Sold Out
Jim Simons Sold Out
Bruce Kovner Sold Out
Chuck Royce 132,550 sh (-0.56%)
PRIMECAP Management 6,926,716 sh (-1.87%)
Pioneer Investments 1,483,502 sh (-20.99%)
Jeremy Grantham 269,086 sh (-52.18%)
Joel Greenblatt 29,243 sh (-70.85%)
» More
Q4 2012

SNDK Guru Trades in Q4 2012

Jim Chanos 357,800 sh (New)
Andreas Halvorsen 4,482,305 sh (+376.84%)
Ken Fisher 200,407 sh (+70.03%)
David Tepper 970,000 sh (+45.03%)
Pioneer Investments 1,722,394 sh (+16.1%)
Paul Tudor Jones 184,100 sh (+8.29%)
PRIMECAP Management 7,073,816 sh (+2.12%)
Jeremy Grantham 436,286 sh (unchged)
Paul Tudor Jones 50,000 sh (unchged)
George Soros 116,500 sh (unchged)
Louis Moore Bacon Sold Out
Joel Greenblatt Sold Out
Richard Snow 174,403 sh (-0.74%)
Chuck Royce 129,700 sh (-2.15%)
George Soros 100,000 sh (-60%)
Steven Cohen 435,375 sh (-75.58%)
» More
Q1 2013

SNDK Guru Trades in Q1 2013

Louis Moore Bacon 60,000 sh (New)
George Soros 350,000 sh (+250%)
David Tepper 1,220,000 sh (+25.77%)
Ken Fisher 214,476 sh (+7.02%)
Paul Tudor Jones Sold Out
PRIMECAP Management 6,933,616 sh (-1.98%)
Chuck Royce 124,700 sh (-3.86%)
Jim Chanos 313,650 sh (-12.34%)
Pioneer Investments 1,435,117 sh (-16.68%)
Andreas Halvorsen 1,987,686 sh (-55.65%)
Steven Cohen 189,221 sh (-56.54%)
Richard Snow 51,733 sh (-70.34%)
Jeremy Grantham 110,534 sh (-74.66%)
» More
» Details

Insider Trades

Latest Guru Trades with SNDK

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Andreas Halvorsen 2013-03-31 Reduce -55.65%0.78%$43.5 - $55.33 $ 59.919%1987686
Richard Snow 2013-03-31 Reduce -70.34%0.3%$43.5 - $55.33 $ 59.919%51733
David Tepper 2013-03-31 Add 25.77%0.29%$43.5 - $55.33 $ 59.919%1220000
George Soros 2013-03-31 Add 250%0.16%$43.5 - $55.33 $ 59.919%350000
Andreas Halvorsen 2012-12-31 Add 376.84%1.11%$38.84 - $44.82 $ 59.942%4482305
David Tepper 2012-12-31 Add 45.03%0.29%$38.84 - $44.82 $ 59.942%970000
George Soros 2012-12-31 Reduce -60%0.11%$38.84 - $44.82 $ 59.942%100000
Joel Greenblatt 2012-12-31 Sold Out 0.09%$38.84 - $44.82 $ 59.942%0
Ken Fisher 2012-12-31 Add 70.03%0.01%$38.84 - $44.82 $ 59.942%200407
Andreas Halvorsen 2012-09-30 New Buy0.29%$32.8 - $46.2 $ 59.948%940000
Joel Greenblatt 2012-09-30 Reduce -70.85%0.19%$32.8 - $46.2 $ 59.948%29243
George Soros 2012-09-30 New Buy0.18%$32.8 - $46.2 $ 59.948%250000
Charles Brandes 2012-09-30 Sold Out 0.01%$32.8 - $46.2 $ 59.948%0
Ken Fisher 2012-09-30 New Buy0.01%$32.8 - $46.2 $ 59.948%117865
Whitney Tilson 2012-06-30 Sold Out 2.7%$31.35 - $49.71 $ 59.962%0
Julian Robertson 2012-06-30 Sold Out 2%$31.35 - $49.71 $ 59.962%0
Andreas Halvorsen 2012-06-30 Sold Out 0.7%$31.35 - $49.71 $ 59.962%0
Richard Snow 2012-06-30 New Buy0.35%$31.35 - $49.71 $ 59.962%175330
Charles Brandes 2012-06-30 New Buy0.01%$31.35 - $49.71 $ 59.962%28280
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about SanDisk Corp

New Long Positions from Short Seller Jim Chanos: UNG, SNDK, VGK, MCD, EOG, MA, V
February 15, 2013
- New Long Positions From Short Seller Jim Chanos: UNG, SNDK, VGK, MCD, EOG, MA, V
Famed short seller Jim Chanos just reported his fourth quarter long positions. He bought into a couple of new positions including United States Natural Gas Fund, SanDisk, McDonald's Corporation, EOG Resources, Visa, MasterCard etc. He sells iShares Russell 2000 Index (ETF), SPDR S&P 500 ETF, SPDR S&P MidCap 400 ETF, Apache Corporation, Visteon Corp., Chicago Bridge & Iron Company, Macy's Inc, Occidental Petroleum Corporation, SPDR S&P China (ETF), Royal Bank of Scotland Group (The) PLC, Oracle Corporation, Microsoft Corporation during the 3-months ended 12/31/2012, according to the most recent filings of his investment company, Kynikos Associates LP. As of 12/31/2012, Kynikos Associates LP owns 21 stocks with a total value of $256 million. These are the details of the buys and sells. Read more...
CFO of SanDisk Corporation Judy Bruner Sold 30,000 Shares
August 3, 2012
On August 1, 2012, Exec. VP, Administration, CFO of SanDisk Corporation (SNDK) Judy Bruner sold 30,000 shares at an average price of $41.64. The total transaction amount is $1,249,200. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 31.30
SNDK's P/E(ttm) is ranked higher than
74% of the 1561 Companies
in the Global Data Storage industry.

( Industry Median: 20.31 vs. SNDK: 31.30 )
SNDK' s 10-Year P/E(ttm) Range
Min: 5.84   Max: 198.92
Current: 31.3
5.84
198.92
P/B 1.99
SNDK's P/B is ranked lower than
62% of the 1561 Companies
in the Global Data Storage industry.

( Industry Median: 1.23 vs. SNDK: 1.99 )
SNDK' s 10-Year P/B Range
Min: 0.26   Max: 11.99
Current: 1.99
0.26
11.99
P/S 2.83
SNDK's P/S is ranked lower than
85% of the 1561 Companies
in the Global Data Storage industry.

( Industry Median: 0.73 vs. SNDK: 2.83 )
SNDK' s 10-Year P/S Range
Min: 0.35   Max: 27.85
Current: 2.83
0.35
27.85
PFCF 26.98
SNDK's PFCF is ranked lower than
78% of the 1561 Companies
in the Global Data Storage industry.

( Industry Median: 13.74 vs. SNDK: 26.98 )
SNDK' s 10-Year PFCF Range
Min: 6.09   Max: 448.61
Current: 26.98
6.09
448.61
EV-to-EBIT 16.69
SNDK's EV-to-EBIT is ranked higher than
93% of the 1561 Companies
in the Global Data Storage industry.

( Industry Median: 15.40 vs. SNDK: 16.69 )
SNDK' s 10-Year EV-to-EBIT Range
Min: 4.6   Max: 632.7
Current: 16.69
4.6
632.7
Shiller P/E 68.32
SNDK's Shiller P/E is ranked higher than
95% of the 1561 Companies
in the Global Data Storage industry.

( Industry Median: 21.15 vs. SNDK: 68.32 )
SNDK' s 10-Year Shiller P/E Range
Min: 5.36   Max: 642.14
Current: 68.32
5.36
642.14

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 17.8
SNDK's Price/Net Current Asset Value is ranked higher than
95% of the 1561 Companies
in the Global Data Storage industry.

( Industry Median: 4.10 vs. SNDK: 17.8 )
SNDK' s 10-Year Price/Net Current Asset Value Range
Min: 3.2   Max: 28.9
Current: 17.8
3.2
28.9
Price/Tangible Book 2.2
SNDK's Price/Tangible Book is ranked higher than
75% of the 1561 Companies
in the Global Data Storage industry.

( Industry Median: 1.40 vs. SNDK: 2.2 )
SNDK' s 10-Year Price/Tangible Book Range
Min: 0.7   Max: 4.8
Current: 2.2
0.7
4.8
Price/DCF (Projected) 1.4
SNDK's Price/DCF (Projected) is ranked higher than
90% of the 1561 Companies
in the Global Data Storage industry.

( Industry Median: 1.10 vs. SNDK: 1.4 )
SNDK' s 10-Year Price/DCF (Projected) Range
Min: 0.4   Max: 3.3
Current: 1.4
0.4
3.3
Price/Median PS Value 1.1
SNDK's Price/Median PS Value is ranked higher than
88% of the 1561 Companies
in the Global Data Storage industry.

( Industry Median: 0.80 vs. SNDK: 1.1 )
SNDK' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 2.1
Current: 1.1
0.3
2.1
Price/Peter Lynch Fair Value 3.4
SNDK's Price/Peter Lynch Fair Value is ranked higher than
98% of the 1561 Companies
in the Global Data Storage industry.

( Industry Median: 1.70 vs. SNDK: 3.4 )
SNDK' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.6   Max: 2.5
Current: 3.4
0.6
2.5
Price/Graham Number 1.8
SNDK's Price/Graham Number is ranked higher than
86% of the 1561 Companies
in the Global Data Storage industry.

( Industry Median: 1.10 vs. SNDK: 1.8 )
SNDK' s 10-Year Price/Graham Number Range
Min: 0.8   Max: 2.6
Current: 1.8
0.8
2.6
Earnings Yield (Greenblatt) 6.00
SNDK's Earnings Yield (Greenblatt) is ranked higher than
95% of the 1561 Companies
in the Global Data Storage industry.

( Industry Median: 5.45 vs. SNDK: 6.00 )
SNDK' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 21.7
Current: 6
0.2
21.7
Forward Rate of Return (Yacktman) 3.12
SNDK's Forward Rate of Return (Yacktman) is ranked higher than
93% of the 1561 Companies
in the Global Data Storage industry.

( Industry Median: 3.01 vs. SNDK: 3.12 )
SNDK' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 0.1   Max: 57.9
Current: 3.12
0.1
57.9

Business Description

Sandisk Corporation was incorporated in Delaware in June 1988 under the name SunDisk Corporation and changed its name to SanDisk Corporation in August 1995. esign, develop and manufacture data storage solutions in a variety of form factors using its flash memory, proprietary controller and firmware technologies. Its mission is to provide simple, reliable and affordable storage for consumer use in portable devices. It sells its products globally through retail and OEM distribution channels. The Company's removable card products are used in a range of consumer electronics devices such as mobile phones, digital cameras, gaming devices and laptop computers. The Company's embedded flash products are used in mobile phones, navigation devices, gaming systems, imaging devices and computing platforms. For computing platforms, it provides high-speed, high-capacity storage solutions known as SSDs that could be used in lieu of hard disk drives in a variety of computing devices. Its products are manufactured by combining NAND flash memory with a controller chip. It purchases the vast majority of its NAND flash memory supply requirements through its flash venture relationships with Toshiba Corporation or Toshiba, which produce and provide the Company with leading-edge, low-cost memory wafers. From time-to-time, it also purchases flash memory on a foundry basis from NAND flash manufacturers including Toshiba, Samsung Electronics Co., Ltd. and Hynix Semiconductor, Inc. It operates in the flash memory semiconductor industry, which is comprised of NOR and NAND technologies. The Company's products are sold in a variety of form factors and include the following: Removable Cards, Embedded Products, USB Drives, Digital Media Players and Wafers and Components. The Company sells its products globally to retail and OEM customers. The Company's main semiconductor competitors include Hynix, Intel, Micron, Samsung and Toshiba. It relies on a combination of patents, trademarks, copyright and trade secret laws, confidentiality procedures and licensing arrangements to protect its intellectual property rights. As of the end of fiscal year 2011, it owned, or had rights to, more than 2,000 United States, or U.S., patents and more than 1,700 foreign patents. The company had more than 1,100 patent applications pending in the U.S., and had foreign counterparts pending on many of the applications in multiple jurisdictions. Its primary competitors currently include, among others, Kingston Technology Company, Inc., or Kingston, Lexar, PNY Technologies, Inc., or PNY, Samsung, Sony and Transcend Information, Inc., or Transcend.
Company Website
SEC Reports
Industry: Data Storage
Compare:WDC, STX, EMC, NTAP, STEC
Traded in other countries:SSK.Germany
» More Articles for SNDK

Headlines

Articles On GuruFocus.com
Sandisk Corporation May 14 2013 
New Long Positions from Short Seller Jim Chanos: UNG, SNDK, VGK, MCD, EOG, MA, V Feb 15 2013 
Weekly CFO Sells Highlight: DHR, JEF, SNDK, KLAC, ADSK Feb 03 2013 
Another Look at the Low-Cost Building Blocks of Storage Nov 01 2012 
CFO of SanDisk Corporation Judy Bruner Sold 30,000 Shares Aug 03 2012 
SanDisk Corp: Unattractive Industry Economics and Unwanted Behaviour May 21 2012 
April Value Idea Contest Winner Announcement. May 08 2012 
Whitney Tilson: Netflix Sell-off a Buying Opportunity Apr 25 2012 
SanDisk (SNDK.O) – Uniquely Positioned to Win? Apr 15 2012 
5 Hot Tech Stocks to Consider for 2012 Mar 29 2012 

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