Sandisk Corporation (SNDK) vs Western Digital Corporation (WDC)

Sandisk Corporation and Western Digital Corporation are both Computer Hardware companies. Sandisk Corporation is the larger, with a market value of $263.1B against $165.5B — 1.6× the size. Western Digital Corporation trades at the lower P/E: 16.9× against 22.9×. Sandisk Corporation grew revenue faster over the last twelve months: 175.3% against 35.7%. Western Digital Corporation has the higher net margin (73.0% vs 56.5%) and the lower return on invested capital (33.4% vs 70.6%). Across the 20 metrics below, Sandisk Corporation leads on 13 and Western Digital Corporation on 7.

Valuation

Metric SNDK WDC Computer Hardware median
P/E 22.90 16.89 20.64
P/S 12.91 12.18 2.95
P/B 16.61 17.75 2.78
Price to free cash flow 22.74 44.82 25.64
EV/EBITDA 20.51 32.99 20.51
EV/Sales 12.70 12.33 3.48
Earnings yield 4.37% 5.92% (4.08%)
Free cash flow yield 4.40% 2.23% (2.90%)

Profitability

Metric SNDK WDC Computer Hardware median
Gross margin 71.47% 48.85% 37.84%
Operating margin 61.19% 34.47% (0.80%)
Net margin 56.46% 72.95% (14.15%)
Free cash flow margin 56.77% 27.18% 0.00%
Return on equity 91.64% 132.97% (2.10%)
Return on assets 64.43% 67.65% (0.42%)
Return on invested capital 70.56% 33.38% 0.00%

Growth

Metric SNDK WDC Computer Hardware median
Revenue growth (TTM) 175.30% 35.70% 27.21%
EPS growth (last fiscal year) 751.59% 373.29% —
Revenue growth, 5-year CAGR — (5.26%) 0.81%
Net income growth, 5-year CAGR — 62.92% 0.00%

Health

Metric SNDK WDC Computer Hardware median
Debt to equity 0.00 0.12 0.00
Current ratio 2.29 1.33 2.76
Net debt to EBITDA (0.38) (0.11) 0.46

Dividend

Metric SNDK WDC Computer Hardware median
Dividend yield — 0.03% 2.47%
Payout ratio — 0.00 0.00

Size

Metric SNDK WDC Computer Hardware median
Market cap 263.14b 165.48b 462.08m

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