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FLEX vs. SNDK: Flex vs. Sandisk Stock Comparison

How do Flex (FLEX) 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

Flex (FLEX) and Sandisk (SNDK) both fall under the Technology Hardware & Equipment industry group, but FLEX is classified in Electronic Equipment, Instruments & Components while SNDK is classified in Technology Hardware, Storage & Peripherals.

Flex (FLEX) carries decades of public-market history since March 18, 1994, while Sandisk (SNDK) listed on February 13, 2025 — long-window comparisons have far more historical data on the FLEX side.

Company profile comparison for Flex (FLEX) and Sandisk (SNDK)
Profile ItemFLEXSNDK
NameFlex Ltd.Sandisk Corp.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & ComponentsTechnology Hardware, Storage & Peripherals
GICS Sub-IndustryElectronic Manufacturing ServicesTechnology Hardware, Storage & Peripherals
Market Capitalization42.36 billion USD260.30 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateMarch 18, 1994February 13, 2025
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

FLEX
SNDK
GSPC
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Flex (FLEX) 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

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Trailing total returns for Flex (FLEX) and Sandisk (SNDK). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Flex (FLEX) and Sandisk (SNDK). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Flex (FLEX) and Sandisk (SNDK)
MetricFLEXSNDK
Total Return (1Y)102.97%1,785.46%
Total Return (3Y, Annualized)80.66%--
Total Return (5Y, Annualized)51.54%--

Risk Profile

Drawdown History

FLEX
SNDK
GSPC
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Flex (FLEX) 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

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Distribution of monthly total returns for Flex (FLEX) and Sandisk (SNDK). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Flex (FLEX) and Sandisk (SNDK)
MetricFLEXSNDK
Volatility (1Y, Annualized)69.17%116.52%
Beta (5Y)1.675.20
Max Drawdown (5Y)-39.99%-56.49%
Avg. Volume (3M)4.10M13.62M

Risk-Adjusted Performance

Risk-Return Positioning

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FLEX and SNDK are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Flex (FLEX) and Sandisk (SNDK)
MetricFLEXSNDK
Sharpe Ratio (1Y)1.4215.28
Sortino Ratio (1Y)2.5326.62

Profitability

ROE (TTM)

Sandisk (SNDK) at 91.64% clears its industry range for ROE, a sharper capital-efficiency signal than Flex (FLEX) at 18.38%, which is closer to a typical peer reading.

FLEX

Technology Hardware & Equipment industry group

18.38%

Max
44.01%
Q3
18.81%
FLEX
18.38%
Median
10.41%
Q1
0.90%
Min
-24.95%

SNDK

Technology Hardware & Equipment industry group

91.64%

SNDK
91.64%
Max
44.01%
Q3
18.81%
Median
10.41%
Q1
0.90%
Min
-24.95%
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Flex (FLEX) vs. Sandisk (SNDK): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

Sandisk (SNDK) at 56.47% converts revenue to bottom-line profit above its industry’s benchmark range, while Flex (FLEX) at 3.33% keeps roughly the typical share for its industry.

FLEX

Technology Hardware & Equipment industry group

3.33%

Max
26.11%
Q3
10.86%
Median
3.71%
FLEX
3.33%
Q1
-0.23%
Min
-12.98%

SNDK

Technology Hardware & Equipment industry group

56.47%

SNDK
56.47%
Max
26.11%
Q3
10.86%
Median
3.71%
Q1
-0.23%
Min
-12.98%
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Flex (FLEX) vs. Sandisk (SNDK): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

Sandisk (SNDK) at 78.47% turns sales into operating profit above its industry’s benchmark range, while Flex (FLEX) at 4.97% operates around its industry’s norm.

FLEX

Technology Hardware & Equipment industry group

4.97%

Max
36.27%
Q3
17.66%
Median
7.40%
FLEX
4.97%
Q1
1.69%
Min
-21.39%

SNDK

Technology Hardware & Equipment industry group

78.47%

SNDK
78.47%
Max
36.27%
Q3
17.66%
Median
7.40%
Q1
1.69%
Min
-21.39%
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Flex (FLEX) vs. Sandisk (SNDK): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Flex (FLEX) and Sandisk (SNDK)
MetricFLEXSNDK
ROE (TTM)18.38%91.64%
ROA (TTM)4.42%43.91%
Net Margin (TTM)3.33%56.47%
Operating Margin (TTM)4.97%78.47%
Gross Margin (TTM)9.53%71.47%

Growth

Revenue Growth

Sandisk (SNDK) at 175.30% clears its industry range for revenue growth, far stronger top-line momentum than Flex (FLEX) at 8.14%, which is closer to a typical peer reading.

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Flex (FLEX) vs. Sandisk (SNDK): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Flex (FLEX) reports EPS growth of 10.43%, ranked against its industry; Sandisk (SNDK) has no EPS growth figure this period.

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Flex (FLEX) vs. Sandisk (SNDK): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Flex (FLEX) and Sandisk (SNDK)
MetricFLEXSNDK
Revenue Growth (YoY)8.14%175.30%
Revenue Growth (3Y CAGR)-0.69%49.29%
EPS Growth (YoY)10.43%--
EPS Growth (3Y CAGR)10.65%--

Financial Strength

Current Ratio (MRQ)

Both Flex (FLEX) at 1.38 and Sandisk (SNDK) at 2.29 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

FLEX

Technology Hardware & Equipment industry group

1.38

Max
5.34
Q3
3.06
Median
1.98
FLEX
1.38
Q1
1.31
Min
0.17

SNDK

Technology Hardware & Equipment industry group

2.29

Max
5.34
Q3
3.06
SNDK
2.29
Median
1.98
Q1
1.31
Min
0.17
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Flex (FLEX) vs. Sandisk (SNDK): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Sandisk (SNDK) at 0.01 keeps leverage in the lower quartile, while Flex (FLEX) at 1.08 sits in the higher-leverage quartile.

FLEX

Technology Hardware & Equipment industry group

1.08

Max
1.80
FLEX
1.08
Q3
0.80
Median
0.26
Q1
0.04
Min
0.00

SNDK

Technology Hardware & Equipment industry group

0.01

Max
1.80
Q3
0.80
Median
0.26
Q1
0.04
SNDK
0.01
Min
0.00
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Flex (FLEX) vs. Sandisk (SNDK): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Flex (FLEX) and Sandisk (SNDK)
MetricFLEXSNDK
Current Ratio (MRQ)1.382.29
Debt / Equity (MRQ)1.080.01
Net Debt / EBITDA1.46-0.36

Dividends

Dividend Yield (TTM)

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

FLEX

Technology Hardware & Equipment industry group

0.00%

Max
0.73%
Q3
0.31%
FLEX
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%
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Flex (FLEX) vs. Sandisk (SNDK): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

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

FLEX

Technology Hardware & Equipment industry group

0.00%

Max
32.21%
Q3
13.09%
FLEX
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

SNDK

Technology Hardware & Equipment industry group

0.00%

Max
32.21%
Q3
13.09%
SNDK
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Flex (FLEX) vs. Sandisk (SNDK): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Flex (FLEX) and Sandisk (SNDK)
MetricFLEXSNDK
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

Both Flex (FLEX) at 44.45 and Sandisk (SNDK) at 24.08 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

FLEX

Technology Hardware & Equipment industry group

44.45

Max
107.14
Q3
56.95
FLEX
44.45
Median
36.00
Q1
22.50
Min
11.95

SNDK

Technology Hardware & Equipment industry group

24.08

Max
107.14
Q3
56.95
Median
36.00
SNDK
24.08
Q1
22.50
Min
11.95
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Flex (FLEX) vs. Sandisk (SNDK): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

Flex (FLEX) at 1.45 is priced about in line with its industry on P/S ratio, while Sandisk (SNDK) at 12.86 sits in the pricier quartile — SNDK costs more per dollar of sales.

FLEX

Technology Hardware & Equipment industry group

1.45

Max
15.39
Q3
7.58
Median
3.22
FLEX
1.45
Q1
1.39
Min
0.00

SNDK

Technology Hardware & Equipment industry group

12.86

Max
15.39
SNDK
12.86
Q3
7.58
Median
3.22
Q1
1.39
Min
0.00
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Flex (FLEX) vs. Sandisk (SNDK): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Flex (FLEX) at 7.70 sits in the upper P/B ratio quartile, and Sandisk (SNDK) at 16.83 prices even higher, above its industry range.

FLEX

Technology Hardware & Equipment industry group

7.70

Max
13.38
FLEX
7.70
Q3
6.93
Median
3.45
Q1
2.17
Min
0.31

SNDK

Technology Hardware & Equipment industry group

16.83

SNDK
16.83
Max
13.38
Q3
6.93
Median
3.45
Q1
2.17
Min
0.31
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Flex (FLEX) vs. Sandisk (SNDK): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Flex (FLEX) and Sandisk (SNDK)
MetricFLEXSNDK
P/E Ratio (TTM)44.4524.08
P/S Ratio (TTM)1.4512.86
P/B Ratio (MRQ)7.7016.83
Free Cash Flow Yield (TTM)1.48%2.97%