PAGS
PagSeguro Digital Ltd.
PAGS has lower modeled downside risk, despite its lower overall score.
SNDK
Sandisk Corporation
SNDK has the edge over PAGS overall, supported by stronger fundamentals and stronger modeled upside.
PAGS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Under pressure | |
| Weak |
PAGS's profitability is currently strong, and its revenue 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.
PAGS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 5.8x | $7.82 | — |
| Cheap | 7.1x | $9.52 | +22% |
| Fair | 12x | $16.50 | +111% |
| Expensive | 51x | $67.68 | +766% |
Historical ranges are pointers, not guarantees.
PAGS has the edge over SNDK in the historical PE scenario, which offers more potential upside but is not a forecast.
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.
PAGS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Stable | |
| Stable | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect PAGS's earnings, revenue and profitability to hold roughly steady.
SNDK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| High |
SNDK has the edge over PAGS on the outlook, with more favorable earnings and revenue expectations.
PAGS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $1.34 | +5.5% |
| Q1 2026 | $1.31 | +6.5% |
| Q4 2025 | $1.28 | +7.6% |
| Q3 2025 | $1.31 | +17% |
| Q2 2025 | $1.27 | +21% |
| Q1 2025 | $1.23 | +26% |
| Q4 2024 | $1.19 | +31% |
| Q3 2024 | $1.12 | +30% |
PAGS's earnings per share have climbed steadily: $1.34 over the past year, up 5.5% from the year before, and higher year over year for 18 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 PAGS in the latest year-over-year earnings comparison.
PAGS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $873.8M | -0.2% |
| Q1 2026 | $840.1M | -0.4% |
| Q4 2025 | $949.7M | +6% |
| Q3 2025 | $880.1M | +4.5% |
| Q2 2025 | $875.7M | +11% |
| Q1 2025 | $843.5M | +12% |
| Q4 2024 | $895.7M | +17% |
| Q3 2024 | $842.3M | +19% |
PAGS's revenue has held roughly level: $874M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 36% | -0.6 points |
| Q1 2026 | 37% | +1.6 points |
| Q4 2025 | 39% | +5.2 points |
| Q3 2025 | 38% | +6.6 points |
| Q2 2025 | 37% | +5 points |
| Q1 2025 | 36% | +3.3 points |
| Q4 2024 | 34% | -0.5 points |
| Q3 2024 | 32% | -2.1 points |
PAGS's operating margin was 36% last quarter, down 0.6 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 PAGS 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 PAGS on profitability, with a higher operating margin.
PAGS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $139.8M | -54% |
| Q1 2026 | $39.4M | -61% |
| Q4 2025 | -$579.5M | -$433.3M |
| Q3 2025 | $299M | +$527.2M |
| Q2 2025 | $305.5M | +$1.2B |
| Q1 2025 | $101.6M | -70% |
| Q4 2024 | -$146.2M | -314% |
| Q3 2024 | -$228.1M | -387% |
PAGS's free cash flow was −$101M over the past year, against $33M 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 has the edge over PAGS on cash generation, producing positive trailing cash flow while its opponent burns cash.
PAGS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -3.4M shares |
| 1 year | -7.1% | -21.2M shares |
| 3 years | -14% | -46M shares |
| 5 years | -15% | -50.9M shares |
| Available history | -15% | -51.1M shares |
PAGS has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $16.9M |
| Q1 2026 | $49.7M |
| Q4 2025 | $107.9M |
| Q3 2025 | $8.6M |
| Q2 2025 | $83.8M |
| Q1 2025 | $40.9M |
| Q4 2024 | $63.9M |
| Q3 2024 | $76.6M |
PAGS spent $183M buying back its own shares over the past year, down 31% 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 | — |
PAGS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 4.7x | High |
| Q1 2026 | 4.6x | High |
| Q4 2025 | 4.5x | High |
| Q3 2025 | 4.5x | High |
| Q2 2025 | 4.8x | High |
| Q1 2025 | 4.7x | High |
| Q4 2024 | 5.3x | High |
| Q3 2024 | 5.1x | High |
PAGS's net debt is about 4.7 years of its operating earnings (EBITDA), about the same as 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 PAGS on leverage, with a lower net debt burden relative to earnings.
PAGS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.9 | Neutral |
| Stochastic | 7.0 | Oversold |
PAGS's weekly RSI is 41 (neutral) and its Stochastic is 7 (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).
PAGS PE vs Technology Sector
| Metric | PAGS | Sector median | Relative |
|---|---|---|---|
| PE | 5.8x | 28x | 79% below |
| PE % | 1 | 35 | 34 pts below |
PAGS has the edge over SNDK on valuation relative to its sector.
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.
PAGS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.38 | 17% below |
| 20 week MA | $9.29 | 16% below |
| 50 week MA | $9.69 | 19% below |
| 100 week MA | $9.11 | 14% below |
| 200 week MA | $9.76 | 20% below |
SNDK has stronger trend alignment. PAGS is above 0 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.
PAGS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $34.5 | $53.8 | +56% |
| 2021 | $53.8 | $26.7 | -50% |
| 2022 | $26.7 | $8.62 | -68% |
| 2023 | $8.62 | $12.5 | +45% |
| 2024 | $12.5 | $6.38 | -49% |
| 2025 | $6.38 | $9.77 | +53% |
| 2026 YTD | $9.77 | $7.82 | -20% |
PAGS has finished lower in three of the last six years. It's down 20% 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 PAGS on returns for 2026, with the stronger performance.