OSIS
OSI Systems, Inc.
OSIS has lower modeled downside risk, despite its lower overall score.
SNDK
Sandisk Corporation
SNDK has the edge over OSIS overall, supported by stronger fundamentals and stronger modeled upside.
OSIS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Under pressure |
OSIS's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is under pressure.
SNDK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SNDK's revenue, profitability, cash flow and balance sheet are all currently strong.
OSIS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 17x | $160 | -18% |
| Forward | 17x | $196 | — |
| Current | 21x | $196 | — |
| Fair | 22x | $206 | +5% |
| Expensive | 28x | $257 | +31% |
Historical ranges are pointers, not guarantees.
OSIS's PE is in its fair range at 21x. If earnings grow as analysts expect, today's price would be 17x next year's earnings, in its cheap range.
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 OSIS in the historical PE scenario, which offers more potential upside but is not a forecast.
OSIS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for OSIS, with profitability holding steady.
SNDK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| High |
SNDK has the edge over OSIS on the outlook, with more favorable profitability expectations.
OSIS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $11.75 | +26% |
| Q3 2026 | $9.33 | +5.7% |
| Q2 2026 | $9.00 | +3.4% |
| Q1 2026 | $8.76 | +6.6% |
| Q4 2025 | $8.83 | +14% |
| Q3 2025 | $8.83 | +15% |
| Q2 2025 | $8.70 | +18% |
| Q1 2025 | $8.22 | +13% |
| Q4 2024 | $7.77 | +18% |
OSIS's earnings per share have climbed steadily: $9.33 over the past year, up 5.7% from the year before, and higher year over year for 12 quarters in a row.
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 OSIS in the latest year-over-year earnings comparison.
OSIS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $403.5M | +4.9% |
| Q2 2026 | $484.1M | -4.1% |
| Q1 2026 | $453.2M | +2% |
| Q4 2025 | $464.1M | +11% |
| Q3 2025 | $384.6M | +12% |
| Q2 2025 | $505M | +5% |
| Q1 2025 | $444.4M | +9.6% |
| Q4 2024 | $419.8M | +12% |
OSIS's revenue fell from its 2025 peak and has held roughly level since: $403M last quarter, up 4.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.3% | -0.3 points |
| Q2 2026 | 15% | +0.8 points |
| Q1 2026 | 12% | -0.9 points |
| Q4 2025 | 13% | -1.1 points |
| Q3 2025 | 8.6% | -0.2 points |
| Q2 2025 | 14% | +1.4 points |
| Q1 2025 | 13% | 0 points |
| Q4 2024 | 14% | -0.2 points |
OSIS's operating margin was 8.3% last quarter, about level with 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 OSIS on sales, with stronger typical year-over-year growth.
| 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 OSIS on profitability, with a higher operating margin.
OSIS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $29.4M | +191% |
| Q2 2026 | $172.8M | +$178.4M |
| Q1 2026 | $6.9M | -91% |
| Q4 2025 | $55.5M | +18% |
| Q3 2025 | $10.1M | +$55M |
| Q2 2025 | -$5.6M | +$32M |
| Q1 2025 | $77.1M | +$134.1M |
| Q4 2024 | $47.1M | +$74M |
OSIS generated $265M in free cash flow over the past year, up 106% from the year before.
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 generated $17.4B in free cash flow over the past year, more than ten times what it generated the year before.
OSIS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -5.9% | -1M shares |
| 1 year | -7% | -1.2M shares |
| 3 years | -5.4% | -923K shares |
| 5 years | -11% | -2.1M shares |
| Available history | -13% | -2.4M shares |
OSIS has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $62.8M |
| Q2 2026 | $124.9M |
| Q1 2026 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | $80.4M |
| Q2 2023 | — |
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 | — |
OSIS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.9x | Moderate |
| Q2 2026 | 2.5x | Moderate |
| Q1 2026 | 2.5x | Moderate |
| Q4 2025 | 2.5x | Moderate |
| Q3 2025 | 1.2x | Healthy |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | 1.5x | Healthy |
| Q4 2024 | 1.5x | Healthy |
OSIS's net debt is about 2.9 years of its operating earnings (EBITDA), up from 1.2 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 OSIS on leverage, with a lower net debt burden relative to earnings.
OSIS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.7 | Neutral |
| Stochastic | 20.0 | Oversold |
OSIS's weekly RSI is 39 (neutral) and its Stochastic is 20 (oversold).
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).
OSIS PE vs Technology Sector
| Metric | OSIS | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 28x | 25% below |
| PE % | 43 | 35 | 8 pts above |
OSIS is trading at 21x earnings, a 25% 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 OSIS on valuation relative to its sector.
OSIS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $196.6 | 0.4% below |
| 20 week MA | $207.3 | 5.5% below |
| 50 week MA | $238.9 | 18% below |
| 100 week MA | $228.5 | 14% below |
| 200 week MA | $178.0 | 10% above |
OSIS has stronger trend alignment. OSIS is above 1 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.
OSIS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $101.2 | $93.1 | -8% |
| 2021 | $93.1 | $92.3 | -0.9% |
| 2022 | $92.3 | $79.6 | -14% |
| 2023 | $79.6 | $129.1 | +62% |
| 2024 | $129.1 | $171.4 | +33% |
| 2025 | $171.4 | $269.8 | +57% |
| 2026 YTD | $269.8 | $196.0 | -27% |
OSIS has finished lower in three of the last six years. It's down 27% 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 OSIS on returns for 2026, with the stronger performance.