SNDK · Sandisk Corporation

$2090.712026-07-21

Sector: Technology; Industry: Hardware, Equipment & Parts; Sub-Industry: Technology Hardware, Storage & Peripherals

Intrinsic Value Range Comparison · Mulya.ai

R&D capitalized (5yr)

Very High Uncertainty

Bull

$498

-76.2% vs market

Base · active

$436

-79.2% vs market

Bear

$105

-95.0% vs market

Mulya.ai vs Analyst IV Comparison?

Bear $105

Base $436

Bull $498

Median $1435

Market $2091

Market Price $2091

Mulya.ai Base $436

Analysts Median $1435

Mulya.ai IV range ($105 · $498)

Analysts Range ($450 · $2900)

Fundamentals · historical + forward · base

italics = DCF projection

Period	Revenue	Rev Gr ?	Ops M% ?	Tax Rate ?	NOPAT ?	Reinvest ?	FCFF ?	WACC% ?	PV FCFF ?	ROIC ?	Inv. Cap ?	EPS ?	P/E
2025.Q2	$6.7B	—	-7.0%	33.1%	−$313MM	−$1.3B	−$1.6B	18.5%	—	-2.1%	$14.7B	$-4.28	—
2025.Q3	$6.7B	0.0%	-7.0%	0.0%	−$555MM	−$854MM	−$1.4B	18.4%	—	-4.1%	$12.5B	$-4.28	—
2026.Q2	$7.4B	10.4%	-18.7%	0.0%	−$1.7B	$154MM	−$1.5B	18.1%	—	-13.4%	$12.4B	$-10.45	—
2026.Q3	$13.2B	79.3%	44.6%	12.5%	$5.1B	−$873MM	$4.3B	18.0%	—	40.3%	$13.1B	$28.71	55.8
italics below = DCF projection · 10yr Rev CAGR: 21%
2027.Q3	$45.2B	+242.5%	11.7%	13.2%	$4.6B	$0MM	$4.6B	14.2%	$4.0B	35.0%	$13.1B	$26.89	77.8
2028.Q3	$50.4B	+11.5%	11.0%	14.0%	$4.8B	$0MM	$4.8B	13.7%	$3.7B	36.3%	$13.1B	$27.87	75.0
2029.Q3	$55.7B	+10.6%	11.8%	14.7%	$5.6B	$0MM	$5.6B	13.1%	$3.8B	42.5%	$13.1B	$32.66	64.0
2030.Q3	$61.1B	+9.7%	3.4%	15.5%	$1.7B	$0MM	$1.7B	12.5%	$1.1B	13.2%	$13.1B	$10.17	205.6
2031.Q3	$66.4B	+8.7%	3.4%	16.2%	$1.9B	$0MM	$1.9B	12.0%	$1.0B	14.3%	$13.1B	$10.96	190.8

Term. Yr+	$92.3B	4.1%	8.9%	20.0%	$6.6B	−$1.1B	$5.4B	8.6%	$40.1B	23.6%	—	—	—

Active scenario IV: $436 (-79.2% vs market)