III
Information Services Group, Inc.
III has lower modeled downside risk, despite its lower overall score.
SNDK
Sandisk Corporation
SNDK has the edge over III overall, supported by stronger fundamentals and stronger modeled upside.
III Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Healthy |
III's profitability and balance sheet are currently healthy, and its revenue and cash flow are stable.
SNDK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SNDK's revenue, profitability, cash flow and balance sheet are all currently strong.
III PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 16x | $3.94 | -37% |
| Current | 25x | $6.25 | — |
| Forward | 25x | $6.25 | — |
| Fair | 27x | $6.64 | +6.3% |
| Expensive | 37x | $9.37 | +50% |
Historical ranges are pointers, not guarantees.
III's PE is in its fair range at 25.0x. On analysts' estimates for next year's earnings, today's price would be 24.8x.
SNDK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 3.8x | $937 | — |
| Current | 7.5x | $937 | — |
| Cheap | 17x | $2,173 | +132% |
| Fair | 24x | $3,048 | +225% |
| Expensive | 59x | $7,452 | +695% |
Historical ranges are pointers, not guarantees.
SNDK has the edge over III in the historical PE scenario, which offers more potential upside but is not a forecast.
III Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for III, with profitability improving.
SNDK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| High |
SNDK has the edge over III on the outlook, with more favorable valuation expectations.
III Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.25 | +1% |
| Q3 2026 | $0.25 | +25% |
| Q2 2026 | $0.24 | +50% |
| Q1 2026 | $0.21 | +31% |
| Q4 2025 | $0.19 | +217% |
| Q3 2025 | $0.20 | +$0.27 |
| Q2 2025 | $0.16 | +$0.19 |
| Q1 2025 | $0.16 | +$0.18 |
| Q4 2024 | $0.06 | -50% |
III's earnings per share have fallen from their peak: $0.25 over the past year, against $0.39 in late 2022.
SNDK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $247.30 | +97% |
| Q3 2026 | $125.61 | +$137.63 |
| Q2 2026 | $73.76 | +$85.07 |
| Q2 2025 | -$11.31 | -$6.65 |
SNDK has the edge over III in the latest year-over-year earnings comparison.
III Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $65.1M | +4.4% |
| Q2 2026 | $65.5M | +6.4% |
| Q1 2026 | $61.2M | +2.7% |
| Q4 2025 | $61.2M | +5.9% |
| Q3 2025 | $62.4M | +1.8% |
| Q2 2025 | $61.6M | -4.2% |
| Q1 2025 | $59.6M | -7.3% |
| Q4 2024 | $57.8M | -13% |
III's revenue has grown year over year for five quarters in a row: $65M last quarter, up 4.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.9% | +2.5 points |
| Q2 2026 | 8.9% | +1.4 points |
| Q1 2026 | 8.2% | +2.5 points |
| Q4 2025 | 8.4% | +8.1 points |
| Q3 2025 | 7.4% | +0.4 points |
| Q2 2025 | 7.6% | +1.9 points |
| Q1 2025 | 5.7% | +9.4 points |
| Q4 2024 | 0.3% | +5.6 points |
III's operating margin was 9.9% last quarter, up 2.5 points from the same quarter a year ago.
SNDK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11B | +378% |
| Q2 2026 | $9B | +372% |
| Q1 2026 | $6B | +251% |
| Q4 2025 | $3B | +61% |
| Q3 2025 | $2.3B | +23% |
| Q2 2025 | $1.9B | +8% |
| Q1 2025 | $1.7B | -0.6% |
| Q4 2024 | $1.9B | +13% |
SNDK has the edge over III on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 80% | +72 points |
| Q2 2026 | 78% | +78 points |
| Q1 2026 | 69% | +180 points |
| Q4 2025 | 35% | +25 points |
| Q3 2025 | 7.6% | -9 points |
| Q2 2025 | 0.9% | N/A |
| Q1 2025 | -111% | -122 points |
| Q4 2024 | 10% | +6.6 points |
SNDK has the edge over III on profitability, with a higher operating margin.
III Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $11.5M | +21% |
| Q2 2026 | $4.7M | -58% |
| Q1 2026 | -$1.5M | -1173% |
| Q4 2025 | $4.3M | -29% |
| Q3 2025 | $9.5M | +13% |
| Q2 2025 | $11.1M | +758% |
| Q1 2025 | $141K | -89% |
| Q4 2024 | $6M | -23% |
III still generates free cash flow, though less than at its 2020 peak: $19M over the past year.
SNDK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $6.3B | +1340% |
| Q2 2026 | $7.1B | +14355% |
| Q1 2026 | $3B | +$3B |
| Q3 2025 | $438M | +$636M |
| Q2 2025 | $49M | +$217M |
| Q1 2025 | -$18M | +$23M |
| Q3 2024 | -$198M | -$157M |
SNDK has the edge over III on cash flow, with more consistent year-over-year improvement.
III Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.2% | +620K shares |
| 1 year | 0% | +23K shares |
| 3 years | +0.4% | +203K shares |
| 5 years | -2% | -1.1M shares |
| Available history | +6% | +2.8M shares |
III has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $3.7M |
| Q2 2026 | — |
| Q1 2026 | $1.3M |
| Q4 2025 | $2M |
| Q3 2025 | $2.6M |
| Q2 2025 | $2.2M |
| Q1 2025 | $2.6M |
| Q4 2024 | $2.2M |
III spent $7M buying back its own shares over the past year, down 25% from the year before.
SNDK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -1M shares |
| 1 year | +3.4% | +5M shares |
| 3 years | +6.9% | +10M shares |
SNDK has 154M diluted shares, up 3.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5B |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
III Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.1x | Healthy |
| Q2 2026 | 1.4x | Healthy |
| Q1 2026 | 1.5x | Healthy |
| Q4 2025 | 1.4x | Healthy |
| Q3 2025 | 1.8x | Healthy |
| Q2 2025 | 1.9x | Healthy |
| Q1 2025 | 2.3x | Moderate |
| Q4 2024 | 3.1x | Elevated |
III's net debt is about 1.1 years of its operating earnings (EBITDA), down from 1.8 years a year ago.
SNDK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
SNDK has the edge over III on leverage, with a lower net debt burden relative to earnings.
III Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 69.5 | Neutral |
| Stochastic | 86.0 | Overbought |
III's weekly RSI is 69 (neutral) and its Stochastic is 86 (overbought).
SNDK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.2 | Neutral |
| Stochastic | 10.6 | Oversold |
SNDK's weekly RSI is 40 (neutral) and its Stochastic is 11 (oversold).
III PE vs Technology Sector
| Metric | III | Sector median | Relative |
|---|---|---|---|
| PE | 25x | 28x | 10% below |
| PE % | 46 | 35 | 11 pts above |
III is trading at 25x earnings, a 10% discount to the Technology sector's median of 28x.
SNDK PE vs Technology Sector
| Metric | SNDK | Sector median | Relative |
|---|---|---|---|
| PE | 7.5x | 28x | 73% below |
| PE % | 4 | 27 | 23 pts below |
SNDK has the edge over III on valuation relative to its sector.
III Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $5.86 | 6.7% above |
| 20 week MA | $5.14 | 22% above |
| 50 week MA | $4.90 | 28% above |
| 100 week MA | $4.64 | 35% above |
| 200 week MA | $4.45 | 40% above |
III has stronger trend alignment. III is above 5 of 5 weekly averages versus SNDK above 0 of 3.
SNDK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,317.5 | 29% below |
| 20 week MA | $1,465.4 | 36% below |
| 50 week MA | $1,119.6 | 16% below |
SNDK is in a downtrend: it's below all three of its weekly moving averages, and 16% below its 50-week average.
III Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.31 | $3.03 | +31% |
| 2021 | $3.03 | $7.68 | +153% |
| 2022 | $7.68 | $4.56 | -41% |
| 2023 | $4.56 | $4.71 | +3.3% |
| 2024 | $4.71 | $3.34 | -29% |
| 2025 | $3.34 | $5.92 | +77% |
| 2026 YTD | $5.92 | $6.25 | +5.6% |
III's yearly returns have swung widely, from +153% in 2021 to −41% in 2022. It's up 5.6% so far in 2026.
SNDK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $50.4 | $250.1 | +396% |
| 2026 YTD | $250.1 | $937.5 | +275% |
SNDK has the edge over III on returns for 2026, with the stronger performance.