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SanDisk (SanDisk) Net Cash per Share : $1.67 (As of Mar. 2016)


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What is SanDisk Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). SanDisk's Net Cash per Share for the quarter that ended in Mar. 2016 was $1.67.

The historical rank and industry rank for SanDisk's Net Cash per Share or its related term are showing as below:

SNDK's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 7.925
* Ranked among companies with meaningful Price-to-Net-Cash only.

SanDisk Net Cash per Share Historical Data

The historical data trend for SanDisk's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SanDisk Net Cash per Share Chart

SanDisk Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.08 -0.83 -2.73 -6.87 2.56

SanDisk Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.82 -8.63 -8.67 2.56 1.67

Competitive Comparison of SanDisk's Net Cash per Share

For the Computer Hardware subindustry, SanDisk's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SanDisk's Price-to-Net-Cash Distribution in the Hardware Industry

For the Hardware industry and Technology sector, SanDisk's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where SanDisk's Price-to-Net-Cash falls into.



SanDisk Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

SanDisk's Net Cash per Share for the fiscal year that ended in Dec. 2015 is calculated as

Net Cash per Share (A: Dec. 2015 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(4006.193-3491.837-0)/200.973
=2.56

SanDisk's Net Cash per Share for the quarter that ended in Mar. 2016 is calculated as

Net Cash per Share (Q: Mar. 2016 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(4521.294-4181.781-0)/202.935
=1.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SanDisk  (NAS:SNDK) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


SanDisk Net Cash per Share Related Terms

Thank you for viewing the detailed overview of SanDisk's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


SanDisk (SanDisk) Business Description

Traded in Other Exchanges
N/A
Address
SanDisk Corp was incorporated in Delaware in June 1988. The Company designs, develops and manufactures data storage solutions in a variety of form factors using flash memory, controller, firmware and software technologies. Its solutions include SSDs, embedded products, removable cards, universal serial bus, or USB, drives, wireless media drives, digital media players and wafers and components. The Company's SSD products are used in both client computing platforms and enterprise data centers. Its embedded flash products are used in mobile phones, tablets, computing platforms, imaging devices, and many other products. Its removable cards are used in consumer electronics devices such as mobile phones, tablets, digital cameras, gaming devices and personal computers or PCs. The Company operates in one segment, flash memory storage products. It operates in United States, China, Taiwan, Other Asia-Pacific & Europe, Middle East and Africa. The Company competes with NAND flash memory manufacturers, including Hynix, Intel, Micron Technology, Inc., or Micron, Samsung and Toshiba. The Company's primary competitors currently include, among others, Kingston Technology Company, Inc., or Kingston, Lexar Media, Inc., or Lexar, a subsidiary of Micron, PNY Technologies, Inc., or PNY, Samsung, Sony and Transcend Information, Inc., or Transcend. In the USB flash drive market. SanDisk is the Company's trademark, and is registered in the U.S. and other countries.
Executives
Judy Bruner officer: Exec. VP, Administration, CFO C/O SANDISK CORPORATION, 601 MCCARTHY BLVD., MILPITAS CA 95035
Mark David Brazeal officer: SVP, Chief Legal Officer & IP 1320 RIDDER PARK DRIVE, SAN JOSE CA 95131
Eddy W Hartenstein director
Chenming Hu director 2060 PEBBLE DRIVE, ALAMO CA 94507
Catherine P Lego director C/O GUIDEWIRE SOFTWARE, INC., 970 PARK PL, SUITE 200, SAN MATEO CA 94403
Michael E Marks director
Steven J Gomo director 495 E. JAVA DRIVE, SUNNYVALE CA 94089
Sanjay Mehrotra director, officer: President/CEO C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Robertson Donald F Jr officer: VP & Chief Accounting Officer C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Srinivasan Sivaram officer: EVP, Memory Technology C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Irwin Federman director 2735 SAND HILL ROAD, MENLO PARK CA 94025
Sumit Sadana officer: EVP, CSO & GM Enterprise 47544 AVALON HEIGHTS TERRACE, FREMONT CA 94539
Eric S Whitaker officer: SVP & Senior Legal Officer
Kevin A Denuccio director 300 HOLGER WAY, SAN JOSE CA 95134
Randhir Thakur officer: EVP,Technology & Worldwide Ops C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039

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