Seek Returns

ALAB vs. SNDK: Astera Labs vs. Sandisk Stock Comparison

How do Astera Labs (ALAB) and Sandisk (SNDK) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Astera Labs (ALAB) and Sandisk (SNDK) share the Information Technology sector but sit in different industry groups — ALAB in Semiconductors & Semiconductor Equipment and SNDK in Technology Hardware & Equipment.

Company profile comparison for Astera Labs (ALAB) and Sandisk (SNDK)
Profile ItemALABSNDK
NameAstera Labs, Inc.Sandisk Corp.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSemiconductors & Semiconductor EquipmentTechnology Hardware & Equipment
GICS IndustrySemiconductors & Semiconductor EquipmentTechnology Hardware, Storage & Peripherals
GICS Sub-IndustrySemiconductorsTechnology Hardware, Storage & Peripherals
Market Capitalization33.33 billion USD118.82 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateMarch 20, 2024February 13, 2025
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ALAB
SNDK
GSPC
Loading price history…
Astera Labs (ALAB) vs. Sandisk (SNDK), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Astera Labs (ALAB) and Sandisk (SNDK). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Astera Labs (ALAB) and Sandisk (SNDK). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Astera Labs (ALAB) and Sandisk (SNDK)
MetricALABSNDK
Total Return (1Y)31.42%270.34%
Total Return (3Y, Annualized)----
Total Return (5Y, Annualized)----

Risk Profile

Drawdown History

ALAB
SNDK
GSPC
Loading price history…
Astera Labs (ALAB) vs. Sandisk (SNDK), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for Astera Labs (ALAB) and Sandisk (SNDK). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Astera Labs (ALAB) and Sandisk (SNDK)
MetricALABSNDK
Volatility (1Y, Annualized)101.55%113.97%
Beta (5Y)3.956.00
Max Drawdown (5Y)-63.69%-65.46%
Avg. Volume (3M)4.15M10.75M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
ALAB and SNDK are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Astera Labs (ALAB) and Sandisk (SNDK)
MetricALABSNDK
Sharpe Ratio (1Y)0.272.33
Sortino Ratio (1Y)0.393.66

Profitability

ROE (TTM)

Both companies show strong equity returns, but Sandisk (SNDK) at 141.17% is the standout with ROE above its industry range; Astera Labs (ALAB) at 28.21% also sits in the top quartile.

ALAB

Semiconductors & Semiconductor Equipment industry group

28.21%

Max
52.82%
ALAB
28.21%
Q3
22.26%
Median
10.58%
Q1
1.29%
Min
-16.89%

SNDK

Technology Hardware & Equipment industry group

141.17%

SNDK
141.17%
Max
42.47%
Q3
19.13%
Median
11.00%
Q1
1.63%
Min
-20.62%
Loading chart…
Astera Labs (ALAB) vs. Sandisk (SNDK): A comparison of their ROE against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Net Margin (TTM)

Sandisk (SNDK) at 67.04% keeps the most of each sales dollar — above its industry’s net margin range — and Astera Labs (ALAB) at 29.64% also retains a top-quartile share.

ALAB

Semiconductors & Semiconductor Equipment industry group

29.64%

Max
63.80%
ALAB
29.64%
Q3
28.36%
Median
11.44%
Q1
0.90%
Min
-37.77%

SNDK

Technology Hardware & Equipment industry group

67.04%

SNDK
67.04%
Max
27.60%
Q3
11.66%
Median
4.08%
Q1
0.00%
Min
-11.02%
Loading chart…
Astera Labs (ALAB) vs. Sandisk (SNDK): A comparison of their net margin against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Operating Margin (TTM)

Sandisk (SNDK) at 79.59% shows unusually strong operating efficiency — above its industry’s operating margin range — and Astera Labs (ALAB) at 30.61% also operates in the top quartile.

ALAB

Semiconductors & Semiconductor Equipment industry group

30.61%

Max
58.66%
ALAB
30.61%
Q3
30.23%
Median
15.91%
Q1
7.54%
Min
-25.74%

SNDK

Technology Hardware & Equipment industry group

79.59%

SNDK
79.59%
Max
36.27%
Q3
18.36%
Median
8.84%
Q1
1.46%
Min
-21.39%
Loading chart…
Astera Labs (ALAB) vs. Sandisk (SNDK): A comparison of their operating margin against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Profitability Metrics

Profitability metrics for Astera Labs (ALAB) and Sandisk (SNDK)
MetricALABSNDK
ROE (TTM)28.21%141.17%
ROA (TTM)13.41%68.29%
Net Margin (TTM)29.64%67.04%
Operating Margin (TTM)30.61%79.59%
Gross Margin (TTM)73.89%79.95%

Growth

Revenue Growth

Both Astera Labs (ALAB) at 115.13% and Sandisk (SNDK) at 175.30% are expanding revenue faster than their entire industry benchmark ranges for revenue growth — exceptional top-line momentum on both sides, though growth that far above the peer range is worth checking for one-off boosts such as acquisitions.

Loading chart…
Astera Labs (ALAB) vs. Sandisk (SNDK): A comparison of their Revenue Growth across different time periods.

EPS Growth

Neither Astera Labs (ALAB) nor Sandisk (SNDK) reports a EPS growth value for this period, so a direct comparison isn't possible.

Growth Metrics

Growth metrics for Astera Labs (ALAB) and Sandisk (SNDK)
MetricALABSNDK
Revenue Growth (YoY)115.13%175.30%
Revenue Growth (3Y CAGR)120.18%49.29%
EPS Growth (YoY)----
EPS Growth (3Y CAGR)----

Financial Strength

Current Ratio (MRQ)

Sandisk (SNDK) at 2.58 keeps current ratio within its industry’s typical mid-range, while Astera Labs (ALAB) at 8.03 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

ALAB

Semiconductors & Semiconductor Equipment industry group

8.03

Max
10.33
ALAB
8.03
Q3
5.62
Median
3.33
Q1
2.35
Min
1.03

SNDK

Technology Hardware & Equipment industry group

2.58

Max
5.34
Q3
3.02
SNDK
2.58
Median
1.95
Q1
1.32
Min
0.17
Loading chart…
Astera Labs (ALAB) vs. Sandisk (SNDK): A comparison of their current ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Debt / Equity (MRQ)

Both Astera Labs (ALAB) at 0.02 and Sandisk (SNDK) at 0.01 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

ALAB

Semiconductors & Semiconductor Equipment industry group

0.02

Max
1.46
Q3
0.65
Median
0.27
Q1
0.04
ALAB
0.02
Min
0.00

SNDK

Technology Hardware & Equipment industry group

0.01

Max
1.76
Q3
0.78
Median
0.24
Q1
0.04
SNDK
0.01
Min
0.01
Loading chart…
Astera Labs (ALAB) vs. Sandisk (SNDK): A comparison of their debt-to-equity ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for Astera Labs (ALAB) and Sandisk (SNDK)
MetricALABSNDK
Current Ratio (MRQ)8.032.58
Debt / Equity (MRQ)0.020.01
Net Debt / EBITDA-3.23-0.24

Dividends

Dividend Yield (TTM)

Neither Astera Labs (ALAB) nor Sandisk (SNDK) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

ALAB

Semiconductors & Semiconductor Equipment industry group

0.00%

Max
1.37%
Q3
0.65%
ALAB
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

SNDK

Technology Hardware & Equipment industry group

0.00%

Max
0.73%
Q3
0.31%
SNDK
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Astera Labs (ALAB) vs. Sandisk (SNDK): A comparison of their dividend yield against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Dividend Payout Ratio (TTM)

Neither Astera Labs (ALAB) nor Sandisk (SNDK) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

ALAB

Semiconductors & Semiconductor Equipment industry group

0.00%

Max
49.64%
Q3
21.71%
ALAB
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

SNDK

Technology Hardware & Equipment industry group

0.00%

Max
32.27%
Q3
14.48%
SNDK
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Astera Labs (ALAB) vs. Sandisk (SNDK): A comparison of their payout ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Dividend Metrics

Dividend metrics for Astera Labs (ALAB) and Sandisk (SNDK)
MetricALABSNDK
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

Sandisk (SNDK) at 6.67 sits in the cheaper P/E ratio quartile, while Astera Labs (ALAB) at 75.38 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

ALAB

Semiconductors & Semiconductor Equipment industry group

75.38

Max
110.34
ALAB
75.38
Q3
66.81
Median
37.02
Q1
23.96
Min
8.12

SNDK

Technology Hardware & Equipment industry group

6.67

Max
69.48
Q3
41.02
Median
26.39
Q1
19.36
SNDK
6.67
Min
6.07
Loading chart…
Astera Labs (ALAB) vs. Sandisk (SNDK): A comparison of their P/E ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

P/S Ratio (TTM)

Sandisk (SNDK) at 4.10 is priced about in line with its industry on P/S ratio, while Astera Labs (ALAB) at 21.42 sits in the pricier quartile — ALAB costs more per dollar of sales.

ALAB

Semiconductors & Semiconductor Equipment industry group

21.42

ALAB
21.42
Max
21.42
Q3
12.27
Median
5.76
Q1
2.73
Min
0.00

SNDK

Technology Hardware & Equipment industry group

4.10

Max
11.30
Q3
5.82
SNDK
4.10
Median
2.56
Q1
1.05
Min
0.00
Loading chart…
Astera Labs (ALAB) vs. Sandisk (SNDK): A comparison of their P/S ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

P/B Ratio (MRQ)

Both look rich against book: Sandisk (SNDK) at 6.63 sits in the upper P/B ratio quartile, and Astera Labs (ALAB) at 16.67 prices even higher, above its industry range.

ALAB

Semiconductors & Semiconductor Equipment industry group

16.67

ALAB
16.67
Max
14.06
Q3
7.44
Median
4.29
Q1
2.30
Min
0.20

SNDK

Technology Hardware & Equipment industry group

6.63

Max
10.75
SNDK
6.63
Q3
5.52
Median
3.17
Q1
1.79
Min
0.33
Loading chart…
Astera Labs (ALAB) vs. Sandisk (SNDK): A comparison of their P/B ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Valuation Metrics

Valuation metrics for Astera Labs (ALAB) and Sandisk (SNDK)
MetricALABSNDK
P/E Ratio (TTM)75.386.67
P/S Ratio (TTM)21.424.10
P/B Ratio (MRQ)16.676.63
Free Cash Flow Yield (TTM)0.39%9.46%