SNDK
Sandisk Corporation
SNDK has a slight edge over TTMI overall, supported by stronger fundamentals.
TTMI
TTM Technologies, Inc.
TTMI has lower modeled downside risk, despite its lower overall score.
SNDK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SNDK's revenue, profitability, cash flow and balance sheet are all currently strong.
TTMI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Under pressure | |
| Healthy |
TTMI's revenue, profitability and balance sheet are currently healthy, but its cash flow is under pressure.
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 TTMI in the historical PE scenario, which offers more potential upside but is not a forecast.
TTMI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 9.8x | $76.28 | — |
| Cheap | 13x | $32.17 | -58% |
| Fair | 27x | $67.33 | -12% |
| Current | 31x | $76.28 | — |
| Expensive | 62x | $155 | +103% |
Historical ranges are pointers, not guarantees.
TTMI's PE is in its fair range at 31x. If earnings grow as analysts expect, today's price would be 9.8x next year's earnings, in its cheap range.
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.
TTMI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect strong earnings and revenue growth for TTMI, with profitability improving.
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 TTMI in the latest year-over-year earnings comparison.
TTMI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.79 | +211% |
| Q3 2026 | $2.50 | +98% |
| Q2 2026 | $2.21 | +146% |
| Q1 2026 | $1.84 | +145% |
| Q4 2025 | $1.68 | +211% |
| Q3 2025 | $1.26 | +91% |
| Q2 2025 | $0.90 | +463% |
| Q1 2025 | $0.75 | +$0.77 |
| Q4 2024 | $0.54 | +$0.72 |
TTMI's earnings per share have climbed steadily: $2.50 over the past year, up 98% from the year before, and higher year over year for nine quarters in a row.
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's revenue has grown year over year for six quarters in a row: $11B last quarter, up 378% from the same quarter a year ago.
| 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 TTMI on profitability, with a higher operating margin.
TTMI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +60% |
| Q2 2026 | $1B | +37% |
| Q1 2026 | $846M | +30% |
| Q4 2025 | $774.3M | +19% |
| Q3 2025 | $752.7M | +22% |
| Q2 2025 | $730.6M | +21% |
| Q1 2025 | $648.7M | +14% |
| Q4 2024 | $651M | +14% |
TTMI's revenue has grown year over year for 11 quarters in a row: $1.2B last quarter, up 60% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | +3.9 points |
| Q2 2026 | 11% | +2.4 points |
| Q1 2026 | 8.6% | +0.8 points |
| Q4 2025 | 10% | +9 points |
| Q3 2025 | 9.6% | +1.3 points |
| Q2 2025 | 8.4% | +2 points |
| Q1 2025 | 7.8% | +4.8 points |
| Q4 2024 | 1.4% | -4.7 points |
TTMI's operating margin was 13% last quarter, up 3.9 points from the same quarter a year ago, near the top of its range since 2019.
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 TTMI on cash flow, with more consistent year-over-year improvement.
TTMI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $72.3M | +71% |
| Q2 2026 | $34.1M | -8.9% |
| Q1 2026 | -$85.1M | -$11.1M |
| Q4 2025 | -$6.5M | -122% |
| Q3 2025 | $42.4M | +75% |
| Q2 2025 | $37.4M | +1467% |
| Q1 2025 | -$74M | -$68.5M |
| Q4 2024 | $30M | +2052% |
TTMI still generates free cash flow, though less than at its 2020 peak: $15M over the past year.
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 | — |
TTMI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +116K shares |
| 1 year | +1.8% | +1.9M shares |
| 3 years | +4% | +4.2M shares |
| 5 years | -0.6% | -646K shares |
| Available history | +1.3% | +1.4M shares |
TTMI has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $17.9M |
| Q4 2024 | — |
TTMI hasn't bought back shares in the past year.
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 TTMI on leverage, with a lower net debt burden relative to earnings.
TTMI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.3x | Healthy |
| Q2 2026 | 1.0x | Very low |
| Q1 2026 | 1.2x | Healthy |
| Q4 2025 | 1.0x | Healthy |
| Q3 2025 | 1.3x | Healthy |
| Q2 2025 | 1.5x | Healthy |
| Q1 2025 | 1.8x | Healthy |
| Q4 2024 | 1.6x | Healthy |
TTMI's net debt is about 1.3 years of its operating earnings (EBITDA), about the same as a year ago.
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).
TTMI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.7 | Neutral |
| Stochastic | 14.2 | Oversold |
TTMI's weekly RSI is 38 (neutral) and its Stochastic is 14 (oversold).
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 TTMI on valuation relative to its sector.
TTMI PE vs Technology Sector
| Metric | TTMI | Sector median | Relative |
|---|---|---|---|
| PE | 31x | 28x | 9.5% above |
| PE % | 59 | 35 | 24 pts above |
TTMI is trading at 31x earnings, in line with the Technology sector's median of 28x.
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 |
TTMI has stronger trend alignment. SNDK is above 0 of 3 weekly averages versus TTMI above 1 of 5.
TTMI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $97.7 | 22% below |
| 20 week MA | $117.0 | 35% below |
| 50 week MA | $118.9 | 36% below |
| 100 week MA | $78.3 | 2.6% below |
| 200 week MA | $47.2 | 62% above |
TTMI has fallen below most of its moving averages, though it's still 62% above its 200-week average.
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 TTMI on returns for 2026, with the stronger performance.
TTMI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $15.0 | $13.7 | -8.4% |
| 2021 | $13.7 | $14.5 | +5.6% |
| 2022 | $14.5 | $15.0 | +3.3% |
| 2023 | $15.0 | $15.8 | +5.7% |
| 2024 | $15.8 | $25.0 | +58% |
| 2025 | $25.0 | $71.7 | +186% |
| 2026 YTD | $71.7 | $76.3 | +6.4% |
TTMI has finished higher in five of the last six years, two of them by more than 50%. It's up 6.4% so far in 2026.