SNDK
Sandisk Corporation
SNDK has the edge over YMM overall, supported by stronger fundamentals and stronger modeled upside.
YMM
Full Truck Alliance Co. Ltd.
YMM 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.
YMM Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Strong |
YMM's profitability, cash flow and balance sheet are currently strong, and its revenue is stable.
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.
YMM PE Valuation
YMM has no meaningful PE right now: it lost money over the past year.
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.
YMM Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for YMM, 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 YMM in the latest year-over-year earnings comparison.
YMM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2025 | $0.08 | +60% |
| Q1 2025 | $0.07 | +40% |
| Q4 2024 | $0.06 | +50% |
| Q3 2024 | $0.06 | +50% |
| Q2 2024 | $0.05 | +67% |
| Q1 2024 | $0.05 | +150% |
| Q4 2023 | $0.04 | +300% |
| Q3 2023 | $0.04 | +$0.06 |
YMM's earnings per share have climbed steadily: $0.08 over the past year, up 60% from the year before, and higher year over year for 11 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 YMM on profitability, with a higher operating margin.
YMM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $506M | +4.1% |
| Q1 2026 | $427.5M | +5.5% |
| Q4 2025 | $479.1M | +0.6% |
| Q3 2025 | $504M | +11% |
| Q2 2025 | $486.1M | +17% |
| Q1 2025 | $405.2M | +19% |
| Q4 2024 | $476.4M | +32% |
| Q3 2024 | $454.9M | +34% |
YMM's revenue has grown year over year every quarter since late 2020: $506M last quarter, up 4.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 44% | +8.7 points |
| Q1 2026 | 35% | -9.2 points |
| Q4 2025 | 32% | +5.9 points |
| Q3 2025 | 23% | -2 points |
| Q2 2025 | 35% | +15 points |
| Q1 2025 | 45% | +31 points |
| Q4 2024 | 26% | +16 points |
| Q3 2024 | 25% | +14 points |
YMM's operating margin was 44% last quarter, up 8.7 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 YMM on cash flow, with more consistent year-over-year improvement.
YMM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $322.7M | +$322.7M |
| Q1 2026 | $234.4M | +$234.4M |
| Q4 2025 | $0 | $0 |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | $0 |
| Q4 2024 | $0 | $0 |
| Q3 2024 | $0 | $0 |
YMM's free cash flow has been positive every quarter since late 2022: $557M over the past year, against $0 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 | — |
YMM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -3.2M shares |
| 1 year | -0.7% | -7M shares |
| 3 years | -2.5% | -26.7M shares |
| 5 years | -5.2% | -57.3M shares |
| Available history | -5.2% | -57.3M shares |
YMM 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 | — |
YMM 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 more cash than debt.
YMM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -1.4x | Net Cash |
| Q1 2026 | -1.5x | Net Cash |
| Q4 2025 | -1.3x | Net Cash |
| Q3 2025 | -1.3x | Net Cash |
| Q2 2025 | -1.1x | Net Cash |
| Q1 2025 | -2.4x | Net Cash |
| Q4 2024 | -2.3x | Net Cash |
| Q3 2024 | -2.3x | Net Cash |
YMM has the edge over SNDK on leverage, with a lower net debt burden relative to earnings.
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).
YMM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.1 | Neutral |
| Stochastic | 41.8 | Neutral |
YMM's weekly RSI is 47 (neutral) and its Stochastic is 42 (neutral).
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.
YMM PE vs Technology Sector
| Metric | YMM | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
YMM has no meaningful PE right now: it lost money over the past year.
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 |
YMM has stronger trend alignment. SNDK is above 0 of 3 weekly averages versus YMM above 1 of 5.
YMM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.49 | 0% above |
| 20 week MA | $8.69 | 2.3% below |
| 50 week MA | $9.06 | 6.3% below |
| 100 week MA | $10.5 | 19% below |
| 200 week MA | $9.02 | 5.9% below |
YMM is in a downtrend: it's below all five of its weekly moving averages, and 5.9% below 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 YMM on returns for 2026, with the stronger performance.
YMM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $19.7 | $8.30 | -58% |
| 2022 | $8.30 | $8.14 | -1.9% |
| 2023 | $8.14 | $7.01 | -14% |
| 2024 | $7.01 | $11.0 | +56% |
| 2025 | $11.0 | $11.2 | +1.8% |
| 2026 YTD | $11.2 | $8.49 | -24% |
YMM has finished lower in three of the last five years. It's down 24% so far in 2026.