Event-Driven Stocks

SANDISK CORP

Technology · Computer Storage Devices · DE · SEC filings ↗ · Compare ⊕

Signs6 gooddetails ↓

Financials

SEC XBRL · annual
 FY13FY12FY11FY10FY09FY08
Revenue$6.17B$5.66B$4.83B$3.57B$659.5M$3.35B
Operating income$1.56B$1.53B$1.46B$519.4M−$165.3M−$1.97B
Net income$1.04B$987.0M$1.30B$415.3M−$208.0M−$1.99B
Total assets$10.49B$10.34B$8.78B$6.00B
Total liabilities$3.52B$3.08B$3.00B$2.09B
Equity$6.97B$7.26B$5.78B$3.91B$3.44B
EPS (diluted)$4.34$4.04$5.44$1.79$-0.92$-8.82
Shares out.241.8M240.3M236.7M228.7M225.3M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2013
Operating margin
25.3%
Net margin
16.9%
Return on equity
15.0%
Return on assets
9.9%
Return on capital (ROCE)
16.9%
Liabilities / assets
33.6%
Debt / equity
0.51×
Book value / share
$28.81
Revenue growth (YoY)
9.0%
Net income growth (YoY)
5.6%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2013
Altman Z″ (distress)
5.84safe
Accruals / assets
7.8%clean
Beneish M-Score
-2.91normal
Piotroski F-Score
6/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
80
/ 100
Profitability 100Growth 100Catalyst 0Earnings quality 100Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

6 good
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Event-driven situations (2)