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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 Corporation
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 Capitalization46.60 billion USD239.60 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)155.18%3,415.66%
Total Return (3Y, Annualized)84.47%--
Total Return (5Y, Annualized)55.85%--

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)67.30%116.58%
Beta (5Y)1.685.12
Max Drawdown (5Y)-39.99%-56.49%
Avg. Volume (3M)6.49M13.64M

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)2.2529.27
Sortino Ratio (1Y)4.1351.72

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
18.43%
FLEX
18.38%
Median
10.41%
Q1
0.66%
Min
-24.95%

SNDK

Technology Hardware & Equipment industry group

91.64%

SNDK
91.64%
Max
44.01%
Q3
18.43%
Median
10.41%
Q1
0.66%
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
10.66%
Median
3.40%
FLEX
3.33%
Q1
-0.39%
Min
-11.93%

SNDK

Technology Hardware & Equipment industry group

56.47%

SNDK
56.47%
Max
26.11%
Q3
10.66%
Median
3.40%
Q1
-0.39%
Min
-11.93%
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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 78.49% 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
36.90%
Q3
17.13%
Median
7.40%
FLEX
4.97%
Q1
2.09%
Min
-18.45%

SNDK

Technology Hardware & Equipment industry group

78.49%

SNDK
78.49%
Max
36.90%
Q3
17.13%
Median
7.40%
Q1
2.09%
Min
-18.45%
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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%78.49%
Gross Margin (TTM)9.53%71.47%

Growth

Revenue Growth

Both Flex (FLEX) at 8.14% and Sandisk (SNDK) at 10.39% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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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%10.39%
Revenue Growth (3Y CAGR)-0.69%--
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
4.95
Q3
3.05
Median
1.99
FLEX
1.38
Q1
1.32
Min
0.17

SNDK

Technology Hardware & Equipment industry group

2.29

Max
4.95
Q3
3.05
SNDK
2.29
Median
1.99
Q1
1.32
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)

Only one side’s leverage can be read here: Flex (FLEX) carries debt-to-equity ratio of 1.08 against its industry range, while Sandisk (SNDK) reports no figure this period.

FLEX

Technology Hardware & Equipment industry group

1.08

Max
1.80
FLEX
1.08
Q3
0.82
Median
0.27
Q1
0.04
Min
0.00

SNDK

Technology Hardware & Equipment industry group

--

Max
1.80
Q3
0.82
Median
0.27
Q1
0.04
Min
0.00
SNDK
--
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Flex (FLEX) vs. Sandisk (SNDK): SNDK does not report debt-to-equity ratio, so it has no value marker; FLEX is benchmarked against the Technology Hardware & Equipment industry group.

Financial Strength Metrics

Financial strength metrics for Flex (FLEX) and Sandisk (SNDK)
MetricFLEXSNDK
Current Ratio (MRQ)1.382.29
Debt / Equity (MRQ)1.08--
Net Debt / EBITDA1.46-0.38

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
0.74%
Q3
0.32%
FLEX
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

SNDK

Technology Hardware & Equipment industry group

0.00%

Max
0.74%
Q3
0.32%
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
34.91%
Q3
14.28%
FLEX
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

SNDK

Technology Hardware & Equipment industry group

0.00%

Max
34.91%
Q3
14.28%
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)

Sandisk (SNDK) at 20.70 sits in the cheaper P/E ratio quartile, while Flex (FLEX) at 48.71 is closer to its industry’s usual earnings multiple — a discount for SNDK, though growth and earnings durability still matter.

FLEX

Technology Hardware & Equipment industry group

48.71

Max
106.10
Q3
62.78
FLEX
48.71
Median
36.76
Q1
22.85
Min
11.58

SNDK

Technology Hardware & Equipment industry group

20.70

Max
106.10
Q3
62.78
Median
36.76
Q1
22.85
SNDK
20.70
Min
11.58
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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 1.59 is priced about in line with its industry on P/S ratio, while Sandisk (SNDK) at 11.83 sits in the pricier quartile — SNDK costs more per dollar of sales.

FLEX

Technology Hardware & Equipment industry group

1.59

Max
17.14
Q3
7.76
Median
3.42
FLEX
1.59
Q1
1.39
Min
0.00

SNDK

Technology Hardware & Equipment industry group

11.83

Max
17.14
SNDK
11.83
Q3
7.76
Median
3.42
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)

Flex (FLEX) at 8.47 is valued about in line with its industry on P/B ratio, while Sandisk (SNDK) at 17.63 carries an above-peer premium to book — SNDK is pricier on assets.

FLEX

Technology Hardware & Equipment industry group

8.47

Max
17.63
Q3
8.56
FLEX
8.47
Median
4.23
Q1
2.14
Min
-1.92

SNDK

Technology Hardware & Equipment industry group

17.63

SNDK
17.63
Max
17.63
Q3
8.56
Median
4.23
Q1
2.14
Min
-1.92
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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)48.7120.70
P/S Ratio (TTM)1.5911.83
P/B Ratio (MRQ)8.4717.63
Free Cash Flow Yield (TTM)1.34%3.23%