MEI
Methode Electronics, Inc.
MEI has lower modeled downside risk, despite its lower overall score.
SNDK
Sandisk Corporation
SNDK has the edge over MEI overall, supported by stronger fundamentals and stronger modeled upside.
MEI Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Under pressure | |
| Under pressure |
MEI's revenue is currently healthy, and its profitability is stable, but its cash flow and balance sheet are under pressure.
SNDK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SNDK's revenue, profitability, cash flow and balance sheet are all currently strong.
MEI PE Valuation
MEI has no meaningful PE right now: it lost money over the past year.
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's PE is 7.5x, but its earnings don't support one, so it isn't a reliable read right now.
MEI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect MEI's losses to shrink, with revenue growing.
SNDK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| High |
Analysts expect strong earnings and revenue growth for SNDK, with profitability improving.
MEI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.04 | +$0.50 |
| Q2 2026 | -$1.01 | +$0.76 |
| Q1 2026 | -$1.81 | +$0.79 |
| Q4 2025 | -$1.77 | +$0.75 |
| Q3 2025 | -$1.54 | +$2.48 |
| Q2 2025 | -$1.77 | +$1.71 |
| Q1 2025 | -$2.60 | -$0.97 |
| Q4 2024 | -$2.52 | -$1.76 |
MEI is still losing money, but far less than before: $1.04 per share over the past year, against $4.02 at its worst in mid-2024.
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 MEI in the latest year-over-year earnings comparison.
MEI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $265.4M | +10% |
| Q2 2026 | $298.1M | +16% |
| Q1 2026 | $233.7M | -2.6% |
| Q4 2025 | $246.9M | -16% |
| Q3 2025 | $240.5M | -7% |
| Q2 2025 | $257.1M | -7.3% |
| Q1 2025 | $239.9M | -7.6% |
| Q4 2024 | $292.6M | +1.6% |
MEI's revenue is recovering but still below its 2022 peak: $265M last quarter, up 10% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -1.5% | -1.9 points |
| Q2 2026 | 3.7% | +13 points |
| Q1 2026 | -2.6% | -1.7 points |
| Q4 2025 | 1.2% | -2 points |
| Q3 2025 | 0.5% | +3.4 points |
| Q2 2025 | -9.2% | +13 points |
| Q1 2025 | -0.9% | +0.2 points |
| Q4 2024 | 3.2% | +21 points |
MEI's operating margin was −1.5% last quarter, down 1.9 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 MEI 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 MEI on profitability, with a higher operating margin.
MEI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$10.9M | -161% |
| Q2 2026 | -$900K | -103% |
| Q1 2026 | $10.1M | -48% |
| Q4 2025 | -$11.6M | +$46.8M |
| Q3 2025 | $18M | +$20.7M |
| Q2 2025 | $26.3M | +66% |
| Q1 2025 | $19.6M | +61% |
| Q4 2024 | -$58.4M | -$47.1M |
MEI's free cash flow has turned negative after years in the green: −$13M 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 MEI on cash generation, producing positive trailing cash flow while its opponent burns cash.
MEI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +152K shares |
| 1 year | +0.9% | +301K shares |
| 3 years | -1.7% | -608K shares |
| 5 years | -7.2% | -2.8M shares |
| Available history | -5.5% | -2.1M shares |
MEI has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | $1.6M |
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 | — |
MEI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.1x | Elevated |
| Q2 2026 | 2.7x | Moderate |
| Q1 2026 | 6.0x | High |
| Q4 2025 | 5.6x | High |
| Q3 2025 | 4.6x | High |
| Q2 2025 | 6.2x | High |
| Q1 2024 | 14.9x | High |
| Q4 2023 | 5.0x | High |
MEI's net debt is about 3.1 years of its operating earnings (EBITDA), down from 4.6 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 MEI on leverage, with a lower net debt burden relative to earnings.
MEI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.1 | Neutral |
| Stochastic | 24.6 | Neutral |
MEI's weekly RSI is 48 (neutral) and its Stochastic is 25 (neutral).
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).
MEI PE vs Technology Sector
| Metric | MEI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
MEI has no meaningful PE right now: it lost money over the past year.
SNDK PE vs Technology Sector
| Metric | SNDK | Sector median | Relative |
|---|---|---|---|
| PE | 7.5x | 28x | 73% below |
| PE % | 4 | 27 | 23 pts below |
SNDK is trading at 7.5x earnings, a 73% discount to the Technology sector's median of 28x, though its earnings don't support one.
MEI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.6 | 8.9% below |
| 20 week MA | $14.7 | 16% below |
| 50 week MA | $11.1 | 12% above |
| 100 week MA | $9.61 | 29% above |
| 200 week MA | $16.7 | 26% below |
MEI has stronger trend alignment. MEI is above 2 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.
MEI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $39.2 | $37.7 | -3.7% |
| 2021 | $37.7 | $47.4 | +26% |
| 2022 | $47.4 | $44.3 | -6.7% |
| 2023 | $44.3 | $22.7 | -49% |
| 2024 | $22.7 | $12.2 | -46% |
| 2025 | $12.2 | $6.76 | -45% |
| 2026 YTD | $6.76 | $12.4 | +84% |
MEI has finished four years in a row lower, and it's up 84% 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 MEI on returns for 2026, with the stronger performance.