$459.62
801.5% vs S&P 12m
Business overview
HDD and NAND/SSD supplier; HDD remains the cheapest medium for cold AI training data lakes.
HDD capacity demand surprises to the upside as AI training datasets balloon; pure-play HDD focus post the Flash separation.
Composite score
Higher = stronger overall research case
Fundamental76
Technical85
Valuation21
AI relevance55
Risk-adjusted (higher = safer)41
Segment-relative fundamental percentile: 75
Synthetic 1Y price action
Deterministic price series; 50d (yellow) and 200d (orange) MAs shown
3M RS: 53.2%6M RS: 171.6%12M RS: 801.5%Vol30d: 49%DD52w: -10.9%
Financial summary
Curated, illustrative
Revenue
$11.78B
Growth (YoY)
45.5%
Gross margin
45.4%
Operating margin
37.0%
FCF
$2.08B
Capex
$1.21B
Net cash / (debt)
$1.51B
ROIC
14.6%
Customer conc.
Medium
Valuation
Market cap
$158.42B
Enterprise value
$156.91B
P/E (TTM)
27.5x
Forward P/E
26.4x
EV / Sales
13.3x
EV / EBITDA
39.9x
P / FCF
76.3x
PEG
0.4x
Rule of 40
—
Risks
Severity 1 (low) to 5 (severe)
- 4Cyclical NAND exposure
Score components
What drove the composite
Growth96
Profitability91
Cash generation67
Balance sheet82
Moat / AI relevance62
Capital intensity (higher = lighter)59
Customer diversification60
Valuation discipline (dilution)65
Trend (MA50/MA200)95
Momentum (3/6/12m)80
Relative strength100
Realized vol (higher = lower vol)43
Segment peers
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